Tenet Healthcare Corporation (THC) Stock Analysis
Recovery setup
Healthcare · Medical Care Facilities
Hold if already holding. Not a fresh buy at $177.87, but acceptable to hold if already in. Reasons: Concentration risk — Customer: top-10 managed care payers (69.0%); Concentration risk — Geographic: Arizona and Texas (outpatient centers) (74.0%).
Tenet Healthcare operates 50 hospitals in 8 states and holds interests in 533 ASCs and 26 surgical hospitals in 37 states (USPI), employing ~100,000 people. Managed care payers drove ~70% of Hospital Operations net patient service revenues; the top 10 managed care payers... Read more
Hold if already holding. Not a fresh buy at $177.87, but acceptable to hold if already in. Reasons: Concentration risk — Customer: top-10 managed care payers (69.0%); Concentration risk — Geographic: Arizona and Texas (outpatient centers) (74.0%). Chart setup: Death cross but MACD improving, RSI 51. Maintain position. Not compelling to add more. Score 6.3/10, moderate confidence.
Passes 7/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, news events none recent, earnings proximity 36d clear, semi cycle peak clear, materials cycle peak clear). Suitability: moderate.
Recent developments
updated 2026-06-15Recent Developments — Tenet Healthcare Corporation
Latest news
- NEWS Why is Tenet (THC) down 3.2% since last earnings report? - MSN — MSN negative
- NEWS Tenet Healthcare (THC) To Report Earnings Tomorrow: Here Is What To Expect - StockStory — StockStory neutral
- NEWS Unveiling Tenet (THC) Q1 outlook: Wall Street estimates for key metrics - MSN — MSN positive
- NEWS Tenet Healthcare Corp (THC) Stock Down 4.3% but Still Overvalued -- GF Score: 82/100 - GuruFocus — GuruFocus negative
- NEWS Here's why Tenet Healthcare (THC) is a strong value stock - MSN — MSN positive
Generated 2026-06-15T18:11:47Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomertop-10 managed care payers69%10-K Item 1A: 'our top 10 managed care payers generated 69% of our managed care net patient service revenues for the year ended December 31, 2025'
- HIGHGeographicArizona and Texas (outpatient centers)74%10-K Item 1: 'Approximately 74% of the outpatient centers in our Hospital Operations segment at December 31, 2025 were in Arizona and Texas'
Material Events(8-K, last 90d)
- 2026-04-10Item 5.02MEDIUMPaola Arbour (EVP/CIO) to retire December 31, 2026; will remain part-time through April 1, 2028 for transition. No successor named for CIO role at time of announcement.SEC filing →
- 2026-03-30Item 5.02MEDIUMR. Scott Ramsey (SVP/Controller/PAO) retirement moved to April 30, 2026; J. Michael Grooms (ex-Lifepoint Health SVP/CAO) appointed as successor SVP & Controller effective April 6, 2026; PAO effective May 1, 2026. Clean handoff.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Analyst Consensus
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $177.87, but acceptable to hold if already in. Reasons: Concentration risk — Customer: top-10 managed care payers (69.0%); Concentration risk — Geographic: Arizona and Texas (outpatient centers) (74.0%). Chart setup: Death cross but MACD improving, RSI 51. Maintain position. Not compelling to add more. Target $219.26 (+23.3%), stop $165.37 (−7.6%), A.R:R 2.0:1. Score 6.3/10, moderate confidence.
Take-profit target: $219.26 (+23.3% upside). Target $219.26 (+23.3%), stop $165.37 (−7.6%), A.R:R 2.0:1. Stop-loss: $165.37.
Concentration risk — Customer: top-10 managed care payers (69.0%); Concentration risk — Geographic: Arizona and Texas (outpatient centers) (74.0%); Leverage penalty (D/E 1.5): -0.5.
Tenet Healthcare Corporation trades at a P/E of 9.1 (forward 9.9). TrendMatrix value score: 7.6/10. Verdict: Hold.
27 analysts cover THC with a consensus score of 4.1/5. Average price target: $244.
What does Tenet Healthcare Corporation do?Tenet Healthcare operates 50 hospitals in 8 states and holds interests in 533 ASCs and 26 surgical hospitals in 37...
Tenet Healthcare operates 50 hospitals in 8 states and holds interests in 533 ASCs and 26 surgical hospitals in 37 states (USPI), employing ~100,000 people. Managed care payers drove ~70% of Hospital Operations net patient service revenues; the top 10 managed care payers generated 69% of those managed care revenues in 2025. ~74% of outpatient centers were in Arizona and Texas.