Today: 26 March 2026
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NASDAQ:CNC 6 February 2026

Centene stock slides as 2026 profit view beats estimates but revenue forecast falls short

Centene stock slides as 2026 profit view beats estimates but revenue forecast falls short

Centene shares fell 5.7% to $37.64 after the company forecast 2026 adjusted profit above $3 per share but projected revenue below Wall Street estimates. Molina Healthcare dropped about 28%, weighing on the sector. Centene reported a fourth-quarter adjusted loss of $1.19 per share and a health benefits ratio of 94.3%. The company set its next earnings update for April 28.

Stock Market Today

  • Nexa Resources Added to S&P/TSX Global Mining Index Signaling Potential Upside
    March 26, 2026, 1:47 AM EDT. Nexa Resources (NYSE:NEXA) has been included in the S&P/TSX Global Mining Index, increasing its exposure among institutional investors and index-linked funds. The stock currently trades around US$10.06, slightly below the US$10.40 analyst consensus target, and is viewed as undervalued by Simply Wall St estimates by about 26%. However, the stock has seen a recent 14% decline over 30 days. Investors should watch changes in trading volumes and ownership patterns following index inclusion, as well as financial health given earnings coverage for interest payments remains thin. Nexa's price-to-earnings ratio stands near 10x, notably lower than the mining sector average of 21x, indicating potential upside but also warranting caution amid debt cost concerns.
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