Evolent Health is in an early technical recovery from a deep drawdown, but a quality-floor breach, a negative asymmetry gate after already hitting its target, and an inconsistent earnings history keep the setup on exit watch.
Thesis pillars
- Quality Floor Breach→Stable
- Negative Asymmetry Target Reached→Stable
- Deep Drawdown Recovery Setup→Stable
- +2 more pillars — see the Why tab for full reasoning
Evolent Health, Inc (EVH) Stock Analysis
Recovery setup
Healthcare · Health Information Services
Sell if holding. Engine safety override at $5.74: Quality below floor (1.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 13%; Below-average business quality.
Evolent Health provides specialty care management and administrative services to health plans and other risk-bearing payers, concentrating on oncology, cardiology, and musculoskeletal conditions through its New Century Health platform and the Identifi value-based care... Read more
Sell if holding. Engine safety override at $5.74: Quality below floor (1.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 13%; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 70. Score 4.5/10, moderate confidence.
Passes 7/10 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 31d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: speculative.
Recent developments
updated 2026-07-06Recent Developments — Evolent Health, Inc
Latest news
- NEWS Truist Securities Downgrades Evolent Health to Hold, Maintains Price Target to $7 — benzinga Jun 30, 2026 negative
Generated 2026-07-07T11:31:43Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomerMolina Healthcare26%10-K Item 1A: 'Our four largest partners in terms of revenue, Molina Healthcare, Inc. ("Molina"), Cook County Health and Hospitals System, Florida Blue and Centene Corporation comprised 25.7%, 16.4%, 14.2% and 12.2%, respectively, of our revenue'
- LOWCustomerCook County Health and Hospitals System16%10-K Item 1A: 'Our four largest partners in terms of revenue, Molina Healthcare, Inc. ("Molina"), Cook County Health and Hospitals System, Florida Blue and Centene Corporation comprised 25.7%, 16.4%, 14.2% and 12.2%, respectively, of our revenue'
- LOWCustomerFlorida Blue14%10-K Item 1A: 'Our four largest partners in terms of revenue, Molina Healthcare, Inc. ("Molina"), Cook County Health and Hospitals System, Florida Blue and Centene Corporation comprised 25.7%, 16.4%, 14.2% and 12.2%, respectively, of our revenue'
- LOWCustomerCentene Corporation12%10-K Item 1A: 'Our four largest partners in terms of revenue, Molina Healthcare, Inc. ("Molina"), Cook County Health and Hospitals System, Florida Blue and Centene Corporation comprised 25.7%, 16.4%, 14.2% and 12.2%, respectively, of our revenue'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
4 floor-breakers
Unprofitable operations — net margin -26.3%. Quality floor flags this regardless of sector context.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $5.74: Quality below floor (1.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.5/10. Specifically: High short interest: 13%; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 70. Prior stop was $5.34. Score 4.5/10, moderate confidence.
Take-profit target: $5.89 (+2.6% upside). Prior stop was $5.34. Stop-loss: $5.34.
Target reached (-10.8% upside); Quality below floor (1.6 < 4.0).
Evolent Health, Inc trades at a P/E of N/A (forward 14.8). TrendMatrix value score: 6.2/10. Verdict: Sell.
20 analysts cover EVH with a consensus score of 4.2/5. Average price target: $6.
What does Evolent Health, Inc do?Evolent Health provides specialty care management and administrative services to health plans and other risk-bearing...
Evolent Health provides specialty care management and administrative services to health plans and other risk-bearing payers, concentrating on oncology, cardiology, and musculoskeletal conditions through its New Century Health platform and the Identifi value-based care technology. The company is paid largely on a per-member-per-month basis, including capitated Performance Suite arrangements where it assumes medical cost risk. Its four largest partners — Molina Healthcare, Cook County Health and Hospitals System, Florida Blue, and Centene Corporation — comprised 25.7%, 16.4%, 14.2%, and 12.2%, r