Cantor Fitzgerald Sticks with UNH Overweight Rating, $495 Price Target

Cantor Fitzgerald has reaffirmed its Overweight rating for UnitedHealth Group (UNH) with a $495 price target, suggesting significant upside potential. The firm's survey indicates that UNH priced independent dispute resolution later than peers like Elevance Health, CVS Health, and Cigna.

The company trades at a P/E ratio of 23.85 with a market cap of $333 billion. According to the analyst commentary, UNH saw 50 basis points of the 100 basis points of pressure in 2026. The firm's survey supports the company's improving 2027 margin outlook, with blended risk pricing up 180 basis points to 10.5% in 2027 from 8.7% in 2026.

UnitedHealth expects to reach low-end target margins by 2028. A legislative independent dispute resolution fix appears unlikely before the 2028 elections. Despite near-term margin pressures, the stock has delivered a 38% return over the past six months.