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Model output · Signal date 2026-10-16

Evolent Health, Inc. (EVH) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE

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Rating · 90D Neutral Total
90-day forecast Sign up free to reveal
30-day forecast Total
Rank in coverage Middle 30% of 5184 stocks scored
Rank correlation · 90D 33.0% Spearman, 357 dates
Market Cap $517M small-cap · #4 of 5 peers
Summary

Evolent Health, Inc. (EVH) stock forecast summary

On Oct. 16, 2026, EVH is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.

Evolent Health, Inc. is a small-cap company with a market capitalization of $517M. It ranks number 4 by market capitalization among the 5 Services-Management Services issuers in our coverage with a current forecast.

For EVH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 33.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 39.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, EVH included.

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Price

EVH price chart and AI forecast

EVH
Cross-section · 2026-10-16

How EVH ranks among 5184 stocks

90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Evolent Health, Inc. (EVH) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Management Services peers listed below that report each metric.

Valuation & Market

MetricEVHIndustry medianRank
Market Cap $517M $10.65B 4/5
P/B Ratio 0.60x – –
EPS $-4.88 – –
Book Value/Share $7.60 – –
Revenue/Share $18.55 – –

Profitability & Margins

MetricEVHIndustry medianRank
Gross Margin 17.2% – –
Operating Margin 18.2% – –
EBT Margin 21.4% – –
Tax Rate -0.6% – –

Financial Health

MetricEVHIndustry medianRank
Current Ratio 1.24x 0.77x 1/6
D/E Ratio 1.11x – –
Interest Coverage -2.2x -2.2x 3/5
Working Capital $118M -$270K 2/6

Cash Flow

MetricEVHIndustry medianRank
Operating Cash Flow $54M $27M 2/5

Operational Efficiency

MetricEVHIndustry medianRank
Receivables Turnover 4.7x – –
Fixed Assets Turnover 25.6x – –
Days Sales Outstanding 78 days – –
Payables Period 8 days – –

Income Statement

MetricEVHIndustry medianRank
Total Revenue $2.10B – –
Operating Income -$428M $0.00M 5/5
SG&A Expense $292M – –
Cost of Goods Sold $1.74B – –

Dividend & Shareholder Information

MetricEVHIndustry medianRank
Shares Outstanding 113M – –

Balance Sheet Highlights (USD millions)

Total Current Assets$611M33.6% of assets
Cash & Short-term Investments$116M6.4% of assets
Accounts Receivable$449M24.7% of assets
Total Liabilities$958M52.7% of assets
Short-term Debt$454M25.0% of assets
Quarterly Financial Reports

EVH quarterly financials and insider trading

Industry Peers · Services-Management Services

Evolent Health, Inc. (EVH) industry peers

Companies classified under the same SEC industry code as Evolent Health, Inc. (Services-Management Services): 6 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Total) Market Cap P/E Ratio P/B Ratio
EVH Evolent Health, Inc. ▶ $517M – 0.6x
BRRN Bryn Inc. ▶ $945.00B – –
IT Gartner Inc ▶ $12.97B 18.4x 40.5x
RTO Rentokil Initial Plc /Fi ▼ $10.65B – –
FC Franklin Covey Co ▶ $203M 29.0x 3.0x
SKYI Sky Century Investment, Inc. ▲ N/A – –

Where EVH sits on the market map

Trade & Services · Services-Management Services
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News

Evolent Health, Inc. (EVH) stock news

source: Nasdaq

Evolent Health (EVH) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to a loss of $0.02 per share a year ago. These figures ...

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FAQ

Evolent Health, Inc. (EVH) stock forecast FAQ

What is the Evolent Health, Inc. (EVH) stock forecast?

On Oct. 16, 2026, EVH is rated Neutral: its 90-day Total forecast sits in the middle 30% of the 5184 stocks scored that day.

How accurate are Evolent Health, Inc. stock predictions?

For EVH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 33.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 39.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Evolent Health, Inc. forecasts updated?

Evolent Health, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.

Which companies are Evolent Health, Inc.'s industry peers?

6 issuers in our coverage, EVH included, share the SEC industry code Services-Management Services. The largest are: Bryn Inc. (BRRN), Gartner Inc (IT), Rentokil Initial Plc /Fi (RTO), Franklin Covey Co (FC), Sky Century Investment, Inc. (SKYI).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.