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Tenet Healthcare Corp. (CH:THC1)
NYSE:THC1

Tenet Healthcare (THC1) Price & Analysis

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THC1 Stock Chart & Stats

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Bulls Say, Bears Say

Bulls Say
Strong Free Cash Flow & LiquidityHigh and sustained free cash flow plus nearly $3.0 billion liquidity provide durable funding for M&A, capex, debt paydown and buybacks. This strengthens financial flexibility over the next 2–6 months and supports execution of strategic initiatives without reliance on incremental external funding.
USPI Ambulatory Growth And MarginsA high-margin ambulatory platform with healthy same-facility revenue growth and active M&A (7 ASC buys in Q1) diversifies revenue away from inpatient cycles. Structural outpatient demand and targeted ASC expansion should sustain margins and cash flow over the medium term.
Deleveraging And Improving ProfitabilityMaterial reduction in leverage from prior years and current sub-3x EBITDA leverage materially lowers financial risk and interest burden. Combined with stronger margins and rising EBITDA, this enhances resilience to headwinds and preserves capacity for strategic capital deployment.
Bears Say
Elevated Payer Disputes And DenialsSustained increases in disputes and denials create durable collection risk, raise working-capital needs and add uncertainty to cash conversion. Over months this can compress realized margins and require more resources for revenue-cycle management, reducing operating leverage.
Exchange Enrollment And Payor-mix PressureDeclining exchange enrollment shifts payor mix toward lower-reimbursing sources and reduces revenue per admission. As enrollment and effectuation trends can persist for multiple quarters, this structurally depresses top-line growth and pressures margins until payor mix normalizes or pricing adjusts.
Unusual Reported Debt Step-changeAn abrupt change in reported leverage complicates assessment of true balance-sheet strength. Historical periods of high leverage increase sensitivity to economic or volume shocks; lingering uncertainty around reported debt dynamics can constrain stakeholder confidence and financing optionality.

Tenet Healthcare News

THC1 FAQ

What was Tenet Healthcare Corp.’s price range in the past 12 months?
Currently, no data Available
What is Tenet Healthcare Corp.’s market cap?
Tenet Healthcare Corp.’s market cap is CHF14.40B.
    When is Tenet Healthcare Corp.’s upcoming earnings report date?
    Tenet Healthcare Corp.’s upcoming earnings report date is Jul 24, 2026 which is in 13 days.
      How were Tenet Healthcare Corp.’s earnings last quarter?
      Tenet Healthcare Corp. released its earnings results on Apr 30, 2026. The company reported $3.896 earnings per share for the quarter, beating the consensus estimate of $3.367 by $0.529.
        Is Tenet Healthcare Corp. overvalued?
        According to Wall Street analysts Tenet Healthcare Corp.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Tenet Healthcare Corp. pay dividends?
          Tenet Healthcare Corp. does not currently pay dividends.
          What is Tenet Healthcare Corp.’s EPS estimate?
          Tenet Healthcare Corp.’s EPS estimate is 3.41.
            How many shares outstanding does Tenet Healthcare Corp. have?
            Currently, no data Available
            What happened to Tenet Healthcare Corp.’s price movement after its last earnings report?
            Tenet Healthcare Corp. reported an EPS of $3.896 in its last earnings report, beating expectations of $3.367. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Tenet Healthcare Corp.?
              Currently, no hedge funds are holding shares in CH:THC1
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                Tenet Healthcare Corp.

                Tenet Healthcare Corporation operates as a broad-ranging provider of health solutions. The company organizes its operations across three main divisions: Hospital Operations and Other, Ambulatory Care, and Conifer. Within its network of acute care facilities, Tenet delivers a full spectrum of essential services. These include core hospital functions such as operating and recovery suites, radiology and respiratory therapy, clinical laboratories, and on-site pharmacies. The organization also provides high-acuity patient care through intensive, critical, and coronary care units. Specialized medical services cover areas like cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics, alongside various outpatient treatments, including physical therapy. Advanced surgical capabilities feature cardiothoracic, complex spinal, and neurosurgery, as well as neonatal intensive care. Tenet extends its offerings to ultra-specialized quaternary care, exemplified by heart and kidney transplant programs, and sophisticated procedures such as limb-salvaging vascular interventions, acute Level 1 trauma care, intravascular stroke treatment, minimally invasive cardiac valve replacements, advanced imaging, and telemedicine access. Beyond its hospital network, Tenet manages numerous other clinical sites. These encompass outpatient surgical centers, immediate care facilities, diagnostic imaging centers, dedicated surgical hospitals, off-campus emergency departments, and micro-hospitals. Through its Conifer segment, the company furnishes critical healthcare business process solutions. These administrative services, offered to hospitals, health systems, physician practices, employers, and other clients, include financial administration for patient accounts (revenue cycle management), support for patient communications and engagement, and outcome-focused care strategies. As of February 9, 2022, Tenet's operational footprint included 60 hospitals and roughly 550 additional medical facilities. This count of additional sites comprises surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and various other clinical locations. Tenet Healthcare Corporation was established in 1975 and maintains its principal office in Dallas, Texas.

                Tenet Healthcare (THC1) Earnings & Revenues

                THC1 Company Deck

                THC1 Earnings Call

                Q1 2026
                0:00 / 0:00
                Earnings Call Sentiment|Positive
                The call conveyed solid financial and operational performance in Q1 — strong revenue, EBITDA, cash generation, USPI M&A activity, and demonstrated productivity/AI gains — while acknowledging notable near-term headwinds from exchange enrollment declines, lower respiratory volumes, payer disputes and some market-specific Medicaid softness. Management beat expectations for the quarter, maintained financial discipline (deleveraging and share repurchases), and reaffirmed full-year guidance while signaling they will monitor exchange effectuation and regulatory developments. Overall, positive operational momentum and financial strength outweighed the headwinds described.View all CH:THC1 earnings summaries

                THC1 Stock 12 Month Forecast

                Average Price Target

                $198.08
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