Cencora Stock Drop Looks Sharp, But How Deep Can It Go?
Cencora (COR) stock is down 5.8% in 5 trading days. Based on the available search results around December 2, 2025, Cencora (COR) generally had a positive outlook, with reports of analyst upgrades to “Buy” or “Strong Buy,” strong fourth-quarter fiscal 2025 results, positive fiscal 2026 guidance, and increased dividends. There is no information in the search results that indicates specific reasons for a -5.8% decline in COR’s stock over 5 trading days as of December 2, 2025, or “renewed concerns around slowing growth” specific to Cencora. In fact, some reports mention the stock climbing after strong Q3 results and outperforming its sector over longer periods. Therefore, I cannot create a grounded variation of the provided line with reasons specific to COR for a recent slide.
Before judging its downturn reslience, let’s look at where Cencora stands today.
- Size: Cencora is a $68 Bil company with $317 Bil in revenue currently trading at $350.67.
- Fundamentals: Last 12 month revenue growth of 11.6% and operating margin of 1.2%.
- Liquidity: Has Debt to Equity ratio of 0.14 and Cash to Assets ratio of 0.03
- Valuation: Cencora stock is currently trading at P/E multiple of 30.6 and P/EBIT multiple of 19.8
These metrics point to a Moderate operational performance, alongside High valuation – making the stock Unattractive. For details, see Buy or Sell COR Stock
That brings us to the key consideration for investors worried about this fall: how resilient is COR stock if markets turn south? This is where our downturn resilience framework comes in. Suppose COR stock falls another 20-30% to $245 – can investors comfortably hold on? Turns out, the stock has been more resilient than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.
2022 Inflation Shock
- COR stock fell 18.3% from a high of $165.73 on 20 April 2022 to $135.33 on 30 September 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 25 November 2022
- Since then, the stock increased to a high of $374.75 on 25 November 2025 , and currently trades at $350.67
| COR | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -18.3% | -25.4% |
| Time to Full Recovery | 56 days | 464 days |
2020 Covid Pandemic
- COR stock fell 23.8% from a high of $97.00 on 21 February 2020 to $73.93 on 23 March 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 2 June 2020
| COR | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -23.8% | -33.9% |
| Time to Full Recovery | 71 days | 148 days |
2018 Correction
- COR stock fell 32.9% from a high of $105.48 on 26 January 2018 to $70.76 on 24 December 2018 vs. a peak-to-trough decline of 19.8% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 9 November 2020
| COR | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -32.9% | -19.8% |
| Time to Full Recovery | 686 days | 120 days |
2008 Global Financial Crisis
- COR stock fell 51.2% from a high of $28.18 on 24 April 2007 to $13.74 on 20 November 2008 vs. a peak-to-trough decline of 56.8% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 2 February 2010
| COR | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -51.2% | -56.8% |
| Time to Full Recovery | 439 days | 1480 days |
Feeling jittery about COR stock? Consider portfolio approach.
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