With a market cap of $27.92B, Cerner trades at $94.92, positioning it as a major player in health IT. Competitors in the same sector include GE Healthcare Technologies, Veeva Systems, Tempus AI, Doximity, and Change Healthcare. The company benefits from secular growth in healthcare digitization and operational efficiency demands across global health systems.
Cyborg Score Rationale
Cerner commands a dominant market position with extensive installed base across global healthcare facilities, supported by stable recurring software and services revenue. The company faces competitive pressures from cloud-native vendors and integrated healthcare IT platforms, but maintains significant switching costs and long-term customer relationships.
Top Insights
Cerner serves 27,500+ facilities globally, creating high switching costs and predictable recurring revenue streams from software licenses and support services
Market cap of $27.9B reflects established leadership, though competitive landscape includes emerging cloud-native and AI-driven health IT solutions
Healthcare IT spending continues to grow as organizations prioritize digital transformation and interoperability capabilities
P/E ratio of 47.90 suggests market prices in significant growth expectations relative to historical healthcare IT valuations
Named Competitors
Epic EHR — Leading EHR platform for large health systems
Athenahealth — Cloud-based EHR and practice management
NextGen Healthcare — EHR and RCM for physician practices
Veeva — Cloud-based healthcare software platform
Recent Developments
(April 2026) VSee Health announced contract with kidney care provider integrating VSee workflow into Oracle Cerner EHR
(August 2025) Massive Bio launched Oracle Cerner App to simplify patient records and accelerate clinical trial matching
Open the full interactive Cerner Corporation report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.