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Cardinal Health, Inc.NYSE:CAH Stock Report

Market Cap US$46.9b
Share Price
US$199.23
US$245.27
18.8% undervalued intrinsic discount
1Y30.0%
7D6.9%
Portfolio Value
View

Cardinal Health, Inc.

NYSE:CAH Stock Report

Market Cap: US$46.9b

Cardinal Health (CAH) Stock Overview

Operates as a healthcare services and products company in the United States and internationally. More details

CAH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance1/6
Financial Health2/6
Dividends4/6

CAH Community Fair Values

Create Narrative

See what 69 others think this stock is worth. Follow their fair value or set your own to get alerts.

Cardinal Health, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cardinal Health
Historical stock prices
Current Share PriceUS$199.23
52 Week HighUS$233.60
52 Week LowUS$137.75
Beta0.54
1 Month Change-5.66%
3 Month Change-10.56%
1 Year Change29.95%
3 Year Change134.50%
5 Year Change255.26%
Change since IPO14,921.70%

Recent News & Updates

Narrative Update May 11

CAH: Theranostics Capacity Expansion Will Support Future Upside Despite Mixed Street Revisions

Analysts have reduced the Cardinal Health fair value estimate by $3.00 to $245.27, reflecting updated assumptions for growth, margins, discount rate, and a higher future P/E that align with the recent mix of lowered and raised Street price targets. Analyst Commentary Recent Street research on Cardinal Health reflects a mix of optimism and caution, with several firms adjusting price targets and at least one new bullish initiation.
Analysis Article May 07

Cardinal Health's (NYSE:CAH) Solid Earnings Have Been Accounted For Conservatively

Cardinal Health, Inc.'s ( NYSE:CAH ) recent earnings report didn't offer any surprises, with the shares unchanged over...

Recent updates

Narrative Update May 11

CAH: Theranostics Capacity Expansion Will Support Future Upside Despite Mixed Street Revisions

Analysts have reduced the Cardinal Health fair value estimate by $3.00 to $245.27, reflecting updated assumptions for growth, margins, discount rate, and a higher future P/E that align with the recent mix of lowered and raised Street price targets. Analyst Commentary Recent Street research on Cardinal Health reflects a mix of optimism and caution, with several firms adjusting price targets and at least one new bullish initiation.
Analysis Article May 07

Cardinal Health's (NYSE:CAH) Solid Earnings Have Been Accounted For Conservatively

Cardinal Health, Inc.'s ( NYSE:CAH ) recent earnings report didn't offer any surprises, with the shares unchanged over...
Narrative Update Apr 23

CAH: Specialty Expansion And Theranostics Capacity Will Support Future Upside

Analysts have made a slight trim to the Cardinal Health analyst price target, nudging it down by about $1 to reflect updated fair value and P/E assumptions, while still pointing to strength across the business and guidance that they view as reasonable. Analyst Commentary Recent Street research on Cardinal Health shows a cluster of price target changes, with several upward revisions and one material trim, as analysts update assumptions around fair value and P/E while reacting to the company’s guidance and underlying business trends.
Narrative Update Apr 08

CAH: Specialty Expansion And Distribution Onboarding Will Support Future Upside

Analysts have nudged their consolidated price targets for Cardinal Health, including moves such as Evercore ISI's $20 trim along with multiple recent increases from firms like Barclays, Wells Fargo, Morgan Stanley, Baird, Mizuho, TD Cowen, BofA, Leerink and Citi, as they point to broad strength across the business and updated models after guidance changes. Analyst Commentary Recent research updates around Cardinal Health cluster around a broadly constructive tone, with most firms adjusting their models after the latest guidance changes and commentary on business trends.
Narrative Update Mar 24

CAH: Specialty Expansion And Core Resiliency Will Support Future Upside

Analysts have inched their blended price target for Cardinal Health higher by about $0.33 to $249.60, citing updated models that reflect consistent strength across the business and a series of recent target raises from major firms. Analyst Commentary Recent research updates cluster around higher price targets and refreshed models, with most commentary pointing to consistent execution and a more confident view on Cardinal Health's core franchises and newer specialty efforts.
Narrative Update Mar 10

CAH: Specialty Expansion And Core Resiliency Will Drive Future Upside Potential

Our analyst price target for Cardinal Health has nudged up by about $1 to $249.27, reflecting broadly higher Street targets in the mid $240s to high $250s as analysts factor in strength across the business, repeated guidance raises and growing confidence in the specialty and distribution franchises. Analyst Commentary Street research has been broadly constructive on Cardinal Health, with a series of target moves and rating changes clustered over recent months.
Narrative Update Feb 24

CAH: Specialty Expansion And Core Resiliency Will Guide Balanced Future Risk Reward

Our updated fair value estimate for Cardinal Health has moved to $248.80, up from $243.07. This reflects analysts' higher price targets tied to stronger guidance, resilient core distribution, and growing specialty assets.
Narrative Update Feb 09

CAH: Specialty Expansion And Core Resiliency Will Shape Future Risk Reward

Analysts have nudged their price expectations for Cardinal Health higher, with our fair value estimate moving about $13 higher to roughly $243 per share. This change reflects updated guidance, ongoing strength in the core distribution business, and continued build out of specialty assets, along with a modestly lower future P/E assumption and a slightly higher profitability outlook.
Seeking Alpha Feb 07

Cardinal Health Q2 2026 Review: An Epitome Of Resilience And Earnings Power (Upgrade)

Summary Cardinal Health is upgraded to a buy after Q2 2026 delivered robust revenue, margin expansion, and raised full-year guidance. Q2 revenue grew 19% YoY to $65.6B, with non-GAAP EPS up 36% and broad-based segment strength, especially in pharmaceuticals. Management executed $750M in share repurchases YTD, underscoring commitment to capital return and reducing outstanding shares by 2.5%. Valuation rerating is underway as CAH’s growth momentum accelerates, though reimbursement pressure from US healthcare reforms remains a key risk. Read the full article on Seeking Alpha
Narrative Update Jan 26

CAH: Specialty Expansion And Core Distribution Trends Will Shape Future Risk Reward

Analysts have nudged their price expectations for Cardinal Health higher, with the fair value estimate moving about $8 to $230.27 as they factor in updated guidance, resilient core distribution trends, and a slightly higher future P/E assumption supported by a series of recent price target increases across the Street. Analyst Commentary Recent Street research paints a generally constructive picture around Cardinal Health, with several firms lifting price targets and, in one case, upgrading the rating.
Narrative Update Jan 11

CAH: Specialty Expansion And Policy Shifts Will Shape Future Risk Reward Balance

Analysts have nudged their price targets on Cardinal Health higher, reflected in our fair value estimate moving from $216.60 to $222.20. They highlight strong core Pharma execution, improving margins, and growing confidence in the specialty build out and Solaris driven earnings outlook.
Narrative Update Dec 27

CAH: Future EPS Momentum And Policy Shifts Will Define Risk Reward Balance

Analysts have nudged their average price targets for Cardinal Health higher into the low $210s, citing stronger than expected EPS momentum, sustained core Pharma outperformance, and incremental upside from the Solaris acquisition and broader industry demand. Analyst Commentary Recent Street research has tilted decisively positive on Cardinal Health, with multiple firms lifting price targets into the $210 to $220 range as they recalibrate earnings and valuation assumptions following stronger than expected results and the Solaris acquisition.
Narrative Update Dec 13

CAH: Future EPS Momentum And Policy Risks Will Shape Medium-Term Outlook

Analysts have nudged their blended price target on Cardinal Health slightly higher, with fair value rising about $2 to roughly $217, citing stronger than expected EPS momentum, resilient core Pharma performance, and increased confidence in the company achieving its 12% to 14% long term EPS growth algorithm. Analyst Commentary Street commentary on Cardinal Health remains broadly constructive, with several bullish analysts lifting price targets into the low $200s and emphasizing both near term earnings momentum and the durability of the company growth algorithm.
Narrative Update Nov 29

CAH: Earnings Momentum and Industry Uncertainty Will Shape Outlook This Year

Cardinal Health's analyst price target has increased modestly from $212.43 to $214.71. Analysts cite stronger-than-expected quarterly results and raised guidance, driven by continued execution across core segments and strategic acquisitions.
Narrative Update Nov 14

CAH: Guidance Will Remain Under Scrutiny Amid Industry and Regulatory Pressures

Cardinal Health's analyst price target has been raised from approximately $189 to over $212 per share. Analysts cite strong recent earnings, raised guidance, and continued execution on strategic priorities as key drivers of the upward revision.
Analysis Article Nov 08

Cardinal Health's (NYSE:CAH) Dividend Will Be $0.5107

Cardinal Health, Inc. ( NYSE:CAH ) has announced that it will pay a dividend of $0.5107 per share on the 15th of...
Analysis Article Nov 05

Why Investors Shouldn't Be Surprised By Cardinal Health, Inc.'s (NYSE:CAH) 26% Share Price Surge

Cardinal Health, Inc. ( NYSE:CAH ) shareholders have had their patience rewarded with a 26% share price jump in the...
Narrative Update Oct 30

CAH: Core Pharmaceutical Trends And Automation Will Shape Upcoming Earnings Performance

Cardinal Health's analyst price target has increased from $180 to $216 per share. This reflects stronger confidence in the company's core pharmaceutical business and its ability to deliver on long-term earnings targets, according to recent analyst commentary following robust quarterly results.
Analysis Article Sep 23

Cardinal Health (NYSE:CAH) Has Affirmed Its Dividend Of $0.5107

The board of Cardinal Health, Inc. ( NYSE:CAH ) has announced that it will pay a dividend of $0.5107 per share on the...
Analysis Article Jul 28

Here's Why We Think Cardinal Health (NYSE:CAH) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 20

Investors Still Waiting For A Pull Back In Cardinal Health, Inc. (NYSE:CAH)

With a price-to-earnings (or "P/E") ratio of 25.4x Cardinal Health, Inc. ( NYSE:CAH ) may be sending bearish signals at...
Seeking Alpha Jan 09

Cardinal Health: Demand For Medical Supplies To Grow, But Negative Equity Persists

Summary Cardinal Health gets downgraded to a hold, from my buy rating last February, agreeing with the Seeking Alpha quant system rating. While macro-level demand for medical supplies is expected to keep growing, CAH is plagued by negative equity. Although the firm has a positive earnings outlook for FY25, its profit margin lags behind similar peers and could use improvement. Dividend growth has not been anything steady in the last decade. A key risk in this segment is that of regulatory and legal costs involving medical products and drugs. Read the full article on Seeking Alpha
Seeking Alpha Nov 04

Cardinal Health Q1 Earnings: Margins Signal More Upside

Summary Cardinal Health's Q1 2025 earnings reaffirm my buy rating due to a strengthening pharmacy business and industry tailwinds. Despite initial market overreaction to 2025 guidance, Cardinal Health's management is transparently mitigating risks. A DCF analysis suggests a price target of $128 for CAH stock, offering a 17% upside. Read the full article on Seeking Alpha
User avatar
New Narrative Aug 19

Expanding Oncology And Specialty Solutions To Drive Revenue And Profitability Amidst Evolving Challenges

Cardinal Health's emphasis on enhancing its Specialty Solutions in oncology and strategic partnerships aims to boost revenue growth.
Seeking Alpha Aug 01

Cardinal Health: Growth Headwinds Ahead

Summary Cardinal Health's recent dividend raise (about 1%) reflects growth pressure ahead. With a ~13x P/E, valuation seems reasonable on the surface. However, when adjusted for growth, the current valuation points to an unfavorable return profile. I see large odds for growth headwinds to persist due to cost pressure and competition from online pharmacies and direct distributors. Read the full article on Seeking Alpha

Shareholder Returns

CAHUS HealthcareUS Market
7D6.9%-0.9%-1.0%
1Y30.0%9.5%23.3%

Return vs Industry: CAH exceeded the US Healthcare industry which returned 9.5% over the past year.

Return vs Market: CAH exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is CAH's price volatile compared to industry and market?
CAH volatility
CAH Average Weekly Movement3.7%
Healthcare Industry Average Movement7.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Stable Share Price: CAH has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CAH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197955,392Jason Hollarwww.cardinalhealth.com

Cardinal Health, Inc. operates as a healthcare services and products company in the United States and internationally. It operates in two segments: Pharmaceutical and Specialty Solutions, and Global Medical Products and Distribution. The company provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home.

Cardinal Health, Inc. Fundamentals Summary

How do Cardinal Health's earnings and revenue compare to its market cap?
CAH fundamental statistics
Market capUS$46.93b
Earnings (TTM)US$1.56b
Revenue (TTM)US$250.74b
30.0x
P/E Ratio
0.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CAH income statement (TTM)
RevenueUS$250.74b
Cost of RevenueUS$241.32b
Gross ProfitUS$9.42b
Other ExpensesUS$7.86b
EarningsUS$1.56b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)6.64
Gross Margin3.76%
Net Profit Margin0.62%
Debt/Equity Ratio-333.7%

How did CAH perform over the long term?

See historical performance and comparison

Dividends

1.0%
Current Dividend Yield
31%
Payout Ratio

Does CAH pay a reliable dividends?

See CAH dividend history and benchmarks
When do you need to buy CAH by to receive an upcoming dividend?
Cardinal Health dividend dates
Ex Dividend DateJul 01 2026
Dividend Pay DateJul 15 2026
Days until Ex dividend41 days
Days until Dividend pay date55 days

Does CAH pay a reliable dividends?

See CAH dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 21:49
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

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

Cardinal Health, Inc. is covered by 32 analysts. 15 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
Eric ColdwellBaird
Lawrence MarshBarclays