Humana Inc.

NYSE:HUM Stock Report

Market Cap: US$47.4b

Humana Valuation

Is HUM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of HUM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: HUM ($396.29) is trading below our estimate of future cash flow value ($1047.95)

Significantly Below Future Cash Flow Value: HUM is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HUM?

Key metric: As HUM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HUM. This is calculated by dividing HUM's market cap by their current earnings.
What is HUM's PE Ratio?
PE Ratio42.1x
EarningsUS$1.13b
Market CapUS$47.38b

Price to Earnings Ratio vs Peers

How does HUM's PE Ratio compare to its peers?

The above table shows the PE ratio for HUM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.9x
ELV Elevance Health
17.2x12.15%US$91.0b
MOH Molina Healthcare
64x32.65%US$12.1b
HQY HealthEquity
34.3x14.12%US$8.1b
UNH UnitedHealth Group
32.1x16.11%US$388.9b
HUM Humana
42.1x26.97%US$47.4b

Price-To-Earnings vs Peers: HUM is expensive based on its Price-To-Earnings Ratio (42.1x) compared to the peer average (36.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does HUM's PE Ratio compare vs other companies in the US Healthcare Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CYH Community Health Systems
1x-109.55%US$517.43m
IDXG Interpace Biosciences
1.9xn/aUS$45.57m
NIVF NewGenIvf Group
0.5xn/aUS$4.40m
RHEP Regional Health Properties
1.1xn/aUS$4.17m
HUM 42.1xIndustry Avg. 25.0xNo. of Companies10PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HUM is expensive based on its Price-To-Earnings Ratio (42.1x) compared to the US Healthcare industry average (25x).

Price to Earnings Ratio vs Fair Ratio

What is HUM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HUM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.1x
Fair PE Ratio44.6x

Price-To-Earnings vs Fair Ratio: HUM is good value based on its Price-To-Earnings Ratio (42.1x) compared to the estimated Fair Price-To-Earnings Ratio (44.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HUM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$396.29
US$308.33
-22.20%
23.55%US$441.00US$195.00n/a24
Jul ’27US$409.42
US$304.33
-25.67%
22.95%US$441.00US$195.00n/a24
Jun ’27US$328.31
US$274.79
-16.30%
20.49%US$441.00US$195.00n/a24
May ’27US$233.63
US$240.50
+2.94%
16.98%US$333.00US$146.00n/a24
Apr ’27US$176.95
US$212.17
+19.90%
21.20%US$333.00US$146.00n/a24
Mar ’27US$190.54
US$223.88
+17.50%
25.09%US$344.00US$146.00n/a24
Feb ’27US$195.20
US$286.63
+46.84%
12.29%US$353.00US$215.00n/a24
Jan ’27US$256.13
US$287.83
+12.38%
11.88%US$353.00US$215.00n/a24
Dec ’26US$242.23
US$286.63
+18.33%
11.82%US$353.00US$215.00n/a24
Nov ’26US$278.19
US$295.38
+6.18%
11.56%US$353.00US$235.00n/a24
Oct ’26US$246.77
US$298.09
+20.80%
10.02%US$353.00US$250.00n/a23
Sep ’26US$303.66
US$291.82
-3.90%
9.90%US$353.00US$250.00n/a22
Aug ’26US$247.26
US$290.18
+17.36%
10.06%US$353.00US$250.00n/a22
Jul ’26US$252.58
US$296.01
+17.19%
11.86%US$402.23US$244.00US$409.4223
Jun ’26US$233.13
US$305.18
+30.91%
10.32%US$402.23US$256.00US$328.3123
May ’26US$256.04
US$309.40
+20.84%
11.95%US$402.23US$256.00US$233.6323
Apr ’26US$264.74
US$296.92
+12.16%
13.67%US$402.23US$241.00US$176.9522
Mar ’26US$270.42
US$297.64
+10.07%
14.48%US$424.10US$241.00US$190.5422
Feb ’26US$293.23
US$297.60
+1.49%
15.98%US$425.00US$248.00US$195.2022
Jan ’26US$253.71
US$294.10
+15.92%
16.32%US$425.00US$248.00US$256.1322
Dec ’25US$296.38
US$292.24
-1.40%
14.84%US$425.00US$248.00US$242.2321
Nov ’25US$260.71
US$292.25
+12.10%
16.49%US$425.00US$247.00US$278.1921
Oct ’25US$279.45
US$391.10
+39.95%
6.70%US$473.00US$342.00US$246.7722
Sep ’25US$354.47
US$393.05
+10.88%
6.10%US$473.00US$349.00US$303.6622
Aug ’25US$358.98
US$388.69
+8.28%
7.33%US$473.00US$332.00US$247.2622
Jul ’25US$373.49
US$374.75
+0.34%
7.88%US$473.00US$326.00US$252.5823
US$308.33
Fair Value
28.5% overvalued intrinsic discount
24
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 22:48
End of Day Share Price 2026/07/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Humana Inc. is covered by 37 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ToungArgus Research Company
Hua HaBaird
Andrew MokBarclays