S&P 500 comparison · Health Care

Cigna vs CVS Health

Prices at close . Model readings .

Cigna

$295.00−1.1%
Month: positive

CVS Health

$89.95−1.29%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), CVS Health is the larger company by market value ($115.77B against $77.95B). Over the past year Cigna returned −3% and CVS Health +11.6%, while the S&P 500 returned +12.7%. The latest filed P/E is 12.0 for Cigna and 35.7 for CVS Health, and the operating margin 3.7% against 4.4%. Over the next 21 sessions the model expects +0.19% for Cigna, with a 57% chance of a rise, and −0.41% for CVS Health, with a 18% chance. Cigna has no published fair value today. CVS Health's long-run fair value is $87.57, a gap of −2.6% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
CI+0.19%
CVS−0.41%
Chance of a risenext 21 sessions
CI57%
CVS18%
Expected returnnext 63 sessions
CI+2.19%
CVS+1.27%
Range of outcomes63 sessions, 80% band
CI−19.5% to +23.9%
CVS−20.1% to +22.6%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
CI—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
CVS$87.5728 Oct 2026
Gap to pricefair value against the close
CI—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
CVS−2.6%
Past readings that matchedsign of the 21-session outcome
CI42.4%of 269
CVS49.1%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
CI+7.2%
CVS+3.3%
6 monthsS&P 500: +8.5%
CI+1.5%
CVS+7.9%
Year to dateS&P 500: +13.3%
CI+8.4%
CVS+16%
1 yearS&P 500: +12.7%
CI−3%
CVS+11.6%
5 yearsS&P 500: +70.7%
CI+49.9%
CVS+22.7%
1 year against the S&P 500percentage points
CI−15.7 pts
CVS−1.1 pts
Position in the 52-week range0% low, 100% high
CI74%close $295.00 in $235.50 to $316.27
CVS52%close $89.95 in $68.48 to $110.00
Against the 200-day average
CI+5.3%
CVS+2.1%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to
Market value
CI$77.95B28 Oct 2026
CVS$115.77B28 Oct 2026
Enterprise valueat the last filing
CI$98.43B30 Jun 2026
CVS$181.26B30 Jun 2026
P/Elatest filed
CI12.0
CVS35.7
Price to book
CI1.70
CVS1.67
EV / EBITDA
CI7.99
CVS15.70
Free cash flow yield
CI14.11%
CVS8.83%
Dividend yield
CI2.79%
CVS2.57%
Questions

Cigna or CVS Health: common questions

Which is larger by market value, Cigna or CVS Health?

CVS Health, at $115.77B against $77.95B for Cigna, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Cigna or CVS Health?

CVS Health has the higher latest filed P/E, 35.7; Cigna's is 12.0. Filings: quarter to 30 Jun 2026.

How did Cigna and CVS Health move over the past year against the S&P 500?

Over the past year Cigna returned −3% and CVS Health +11.6%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Cigna and CVS Health over the next month?

+0.19% for Cigna with a 57% chance of a rise, and −0.41% for CVS Health with a 18% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Cigna and CVS Health compare?

The operating margin is 3.7% for Cigna and 4.4% for CVS Health, and the gross margin 20.9% against 44.5%. Filings: quarter to 30 Jun 2026.

Do Cigna and CVS Health shares move together?

Over the past year the correlation of their daily returns was 0.53 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
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The two company pagesCigna (CI) forecast and analysisCVS Health (CVS) forecast and analysis
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BrowseAll Health Care companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.