Evolent Health, Inc. (EVH)Healthcare | Health Information Services | Arlington, United States | NYSE
3.38 USD
+0.45
(15.358%)
⇧
(April 21, 2026, 11:10 a.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:24 p.m. EDT
Evolent Health (EVH) presents a classic 'value trap' scenario where analysts are aggressively upgrading the stock due to low valuations (Forward P/E < 7), while retail and short-term traders are actively betting against a V-shaped bounce. The stock is down 30% in a single week, trading well below its 50-day average, and the options data confirms a heavy 'buy-the-rumor, sell-the-fact' drop-out. While long-term growth stories justify a 'Strong Buy' analyst rating, the technical setup and hedging flows indicate high downside risk in the near term before a potential multi-month consolidation. Avoid chasing the recent subset of buyers; wait for downside confirmation to the low $2.00s. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.169772 |
| AutoARIMA | 0.171312 |
| AutoETS | 0.207655 |
| MSTL | 0.225974 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 55% |
| H-stat | 2.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.530 |
| Excess Kurtosis | -0.78 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 238.37 |
| Revenue per Share | 16.428 |
| Market Cap | 377,337,600 |
| Forward P/E | 7.65 |
| Beta | 0.37 |
| Profit Margins | -28.49% |
| Website | https://www.evolent.com |
As of April 18, 2026, 10:24 p.m. EDT: Options flow signals neutral-to-bearish sentiment with high implied volatility (IV) pricing on further downside. Call volume is heavily skewed towards Out-of-the-Money (OTM) strikes at $7.5 and $12.5, indicating speculative hope for a rebound to previous highs, but Put volume dominates April expiration and sits at the $2.5 strike (ATM/Penny levels). The significant buildup of Put Open Interest at the $2.5 strike in June and $2.5/$7.5 strikes in long-dated dates suggests a defensive ' همین' positioning. The model's predicted direction is -5.34% (bearish), and the high volatility readings suggest the market is pricing in a V-shaped correction down to $2.00 or lower before any recovery.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.6612717 |
| Address1 | 1,812 N. Moore Street |
| Address2 | Suite 1705 |
| All Time High | 39.779 |
| All Time Low | 2.095 |
| Ask | 3.38 |
| Ask Size | 1,500 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 2,609,440 |
| Average Daily Volume3 Month | 3,176,473 |
| Average Volume | 3,176,473 |
| Average Volume10Days | 2,609,440 |
| Beta | 0.373 |
| Bid | 3.37 |
| Bid Size | 500 |
| Board Risk | 3 |
| Book Value | 3.719 |
| City | Arlington |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.38 |
| Current Ratio | 1.314 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 3.67 |
| Day Low | 2.98 |
| Debt To Equity | 238.37 |
| Display Name | Evolent Health |
| Earnings Call Timestamp End | 1,778,155,200 |
| Earnings Call Timestamp Start | 1,778,155,200 |
| Earnings Timestamp | 1,778,157,000 |
| Earnings Timestamp End | 1,778,157,000 |
| Earnings Timestamp Start | 1,778,157,000 |
| Ebitda | 88,216,000 |
| Ebitda Margins | 0.047020003 |
| Enterprise To Ebitda | 13.206 |
| Enterprise To Revenue | 0.621 |
| Enterprise Value | 1,164,942,336 |
| Eps Current Year | 0.17161 |
| Eps Forward | 0.44171 |
| Eps Trailing Twelve Months | -5.07 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 2.7624 |
| Fifty Day Average Change | 0.6176002 |
| Fifty Day Average Change Percent | 0.22357379 |
| Fifty Two Week Change Percent | -66.12717 |
| Fifty Two Week High | 12.065 |
| Fifty Two Week High Change | -8.684999 |
| Fifty Two Week High Change Percent | -0.7198508 |
| Fifty Two Week Low | 2.095 |
| Fifty Two Week Low Change | 1.2850001 |
| Fifty Two Week Low Change Percent | 0.6133652 |
| Fifty Two Week Range | 2.095 - 12.065 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,433,511,000,000 |
| Float Shares | 92,791,554 |
| Forward Eps | 0.44171 |
| Forward P E | 7.6520796 |
| Free Cashflow | 98,406,752 |
| Full Exchange Name | NYSE |
| Full Time Employees | 4,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.21313 |
| Gross Profits | 399,883,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01617 |
| Held Percent Institutions | 1.10504 |
| Implied Shares Outstanding | 111,638,338 |
| Industry | Health Information Services |
| Industry Disp | Health Information Services |
| Industry Key | health-information-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Evolent Health, Inc., through its subsidiary, provides specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States. The company offers integrated value-based care platform for health plan administration and management. It also provides administrative services, such as health plan services, pharmacy benefits management, risk management, analytics and reporting, and leadership and management; and Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows, and engages patients. In addition, the company provides Machinify Auth Intelligence, an artificial intelligence tool to aid nurses and physicians in completing clinical review of prior authorization requests. Evolent Health, Inc. was founded in 2011 and is headquartered in Arlington, Virginia. |
| Long Name | Evolent Health, Inc. |
| Market | us_market |
| Market Cap | 377,337,600 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_225523981 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -579,401,024 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 327,100,330 |
| Number Of Analyst Opinions | 14 |
| Open | 2.97 |
| Operating Cashflow | 38,843,000 |
| Operating Margins | -0.020569999 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.93 |
| Phone | 571 389 6000 |
| Previous Close | 2.93 |
| Price Eps Current Year | 19.695824 |
| Price Hint | 4 |
| Price To Book | 0.9088465 |
| Price To Sales Trailing12 Months | 0.2011149 |
| Profit Margins | -0.28489 |
| Quick Ratio | 1.198 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | 0.45000005 |
| Regular Market Change Percent | 15.358363 |
| Regular Market Day High | 3.67 |
| Regular Market Day Low | 2.98 |
| Regular Market Day Range | 2.98 - 3.67 |
| Regular Market Open | 2.97 |
| Regular Market Previous Close | 2.93 |
| Regular Market Price | 3.38 |
| Regular Market Time | 1,776,784,246 |
| Regular Market Volume | 2,891,449 |
| Return On Assets | -0.00125 |
| Return On Equity | -0.66538 |
| Revenue Growth | -0.275 |
| Revenue Per Share | 16.428 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 111,638,338 |
| Shares Percent Shares Out | 0.1429 |
| Shares Short | 15,952,844 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 18,334,468 |
| Short Name | Evolent Health, Inc |
| Short Percent Of Float | 0.1447 |
| Short Ratio | 5.14 |
| Source Interval | 15 |
| State | VA |
| Symbol | EVH |
| Target High Price | 8.0 |
| Target Low Price | 3.0 |
| Target Mean Price | 5.17857 |
| Target Median Price | 5.0 |
| Total Cash | 151,856,000 |
| Total Cash Per Share | 1.36 |
| Total Debt | 989,697,984 |
| Total Revenue | 1,876,228,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -5.07 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 5.9015 |
| Two Hundred Day Average Change | -2.5215 |
| Two Hundred Day Average Change Percent | -0.42726424 |
| Type Disp | Equity |
| Volume | 2,891,449 |
| Website | https://www.evolent.com |
| Zip | 22,209 |