CVS Group profit drops 7.4% as revenue rises on Australia expansion, asset sale
Tenet Healthcare Corporation’s stock reached a notable milestone, hitting a 52-week high at $204.87. The healthcare provider, now valued at $18 billion, maintains a "GREAT" financial health score according to InvestingPro analysis. This achievement underscores a significant upward trend for the company, which has experienced a 30.27% increase over the past year. The healthcare giant’s performance reflects its robust market position and investor confidence, with 17 analysts recently revising earnings estimates upward. However, technical indicators suggest the stock is currently overbought. As the stock climbs to new heights, Tenet Healthcare continues to capture the attention of market analysts and investors alike, marking a period of sustained financial health and strategic advancement. Discover more detailed insights and 12 additional ProTips with an InvestingPro subscription.
In other recent news, Tenet Healthcare’s financial outlook has been a focal point for analysts. RBC Capital has raised its price target for Tenet Healthcare to $230 from $189, maintaining an Outperform rating due to the company’s strong growth potential and improved capital structure. Meanwhile, Cantor Fitzgerald has reiterated its Overweight rating with a $190 price target, despite some concerns over potential Affordable Care Act (ACA) marketplace challenges and uncertainties surrounding 2026 Marketplace rates. The investment firm highlights the impact of premium increases on Health Insurance Exchange enrollment, which constitutes about 5% of Tenet Healthcare’s revenue. Cantor Fitzgerald also noted an elevated physician bonus trend in the third quarter of 2025, aligning with industry peers. Despite these challenges, Cantor Fitzgerald maintains its positive stance on Tenet Healthcare, although it remains cautious about the 2026 marketplace environment. Additionally, the company’s recent conference call did not provide the expected signals of strength for 2026, according to Cantor Fitzgerald. RBC Capital continues to view Tenet Healthcare as a top pick in the hospital sector, citing its valuation discount compared to HCA Healthcare.
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