Cardinal Health Receives Moderate Buy Rating from Analysts

Seventeen firms cover the healthcare services and products company, with most recommending purchase of the stock.

Apr. 17, 2026 at 6:25am

An extreme close-up of intricately detailed medical equipment and machinery, conveying the industrial scale and importance of Cardinal Health's role in the healthcare sector.Analysts see steady growth ahead for Cardinal Health, a major player in the healthcare supply chain and distribution industry.Dublin Today

Cardinal Health, Inc. (NYSE:CAH) has been assigned an average recommendation of "Moderate Buy" from the seventeen ratings firms currently covering the company, according to MarketBeat. Two analysts have rated the stock as a hold, fourteen have issued buy recommendations, and one has given it a strong buy rating. The average 12-month price target among brokers is $244.33.

Why it matters

Cardinal Health is a major player in the healthcare supply chain and distribution industry, providing key services to hospitals, pharmacies, and other medical providers. The consensus "Moderate Buy" rating from analysts signals confidence in the company's performance and growth potential, which could impact investor sentiment and the stock price.

The details

The analysts' recommendations cover a range of perspectives on Cardinal Health's outlook. Citigroup upgraded the stock from neutral to buy and raised the price target, while Wall Street Zen downgraded it from strong buy to buy. Other firms like Barclays, Leerink Partners, and Argus have issued buy or outperform ratings with increased price targets, reflecting an overall positive view on the company's prospects.

  • Cardinal Health reported its latest quarterly earnings on February 5, 2026.
  • The company's next quarterly report is expected in early May 2026.

The players

Cardinal Health, Inc.

A multinational healthcare services and products company headquartered in Dublin, Ohio. Cardinal Health operates in pharmaceutical distribution, medical-surgical product supply, and logistics services for the healthcare industry.

Citigroup

A global investment bank and financial services corporation that upgraded Cardinal Health's rating and raised the price target.

Wall Street Zen

A financial research and analysis firm that downgraded Cardinal Health's rating.

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What’s next

Investors will be closely watching Cardinal Health's upcoming quarterly earnings report in early May 2026 for any updates on the company's financial performance and outlook.

The takeaway

The consensus "Moderate Buy" rating from analysts reflects confidence in Cardinal Health's position as a leading healthcare services and products provider, though some firms have differing views on the stock's near-term potential.