EVH News & Events

Reports Q1 revenue $496.25M, consensus $534.04M. Seth Blackley, Co-Founder and Chief Executive Officer of Evolent stated, "I am happy with the strong start to the year. We are on track with our plan and have had successful, on-time oncology launches at both Highmark and Aetna. As we look into 2027 and beyond, we remain focused on both extending our market leadership in oncology and addressing the big opportunity we have with AI, all while fulfilling our commitments to shareholders, employees and customers."

Evolent Health announced the appointment of health care technology leader and AI innovator Archie Mayani as chief product officer, CPO. Before joining Evolent, she served as CPO at GHX.

Oppenheimer lowered the firm's price target on Evolent Health to $6 from $12 and keeps an Outperform rating on the shares following the company's Q4 earnings release and newly issued guidance. The firm is lowering FY2026/2027 EPS estimates and issuing an initial FY2028 EPS estimate. Overall, Oppenheimer believes the more conservative posture toward reserves and the upside to margins from the significant new business, sets the company up for outsized growth in the coming years.