Why Elevance Health (ELV) Is Among the Best Telehealth Stocks to Buy Now [Yahoo! Finance]
Elevance Health, Inc. (ELV)
Company Research
Source: Yahoo! Finance
According to Grand View Research, the telehealth market size in the US was valued at $42.54 billion in 2024. It is expected to grow at a notable compound annual growth rate of 23.8% between 2025 and 2030. Some of the primary factors supporting this growth include the rising demand for remote healthcare services, large-scale penetration of connected home services, and high internet usage. In addition, the global adoption of smartphones, advancements in technology, and a surge in government initiatives to develop telehealth programs are also supporting market growth. Since the cost of in-person healthcare provision is increasing in the country, telehealth presents a significant opportunity in the healthcare sector. According to McKinsey, around $250 billion of the present US healthcare spending can be virtualized. This includes training for medical professionals, regular check-in appointments for chronic diseases, psychiatric care, and more, all administered and accessed through each
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ELV
News
- Elevance Health Reflects On The Changed Role of Health Plans [Yahoo! Finance]Yahoo! Finance
- Elevance Health Reflects On The Changed Role of Health PlansBusiness Wire
- AM Best Takes Various Credit Rating Actions on Elevance Health, Inc. and Most of Its SubsidiariesBusiness Wire
- Taking Stock of Elevance Health (ELV)'s Valuation After Digital Health Push and Board Refresh [Yahoo! Finance]Yahoo! Finance
- Elevance Health (NYSE:ELV) had its price target raised by analysts at Robert W. Baird from $297.00 to $340.00. They now have a "neutral" rating on the stock.MarketBeat
ELV
Earnings
- 10/21/25 - Beat
ELV
Sec Filings
- 12/10/25 - Form 8-K
- 11/21/25 - Form 3/A
- 11/10/25 - Form 8-K
- ELV's page on the SEC website