Bright Health Group, Inc. (BHG)

NYSE: BHG · IEX Real-Time Price · USD
0.980
-0.050 (-4.83%)
Dec 2, 2022 4:00 PM EST - Market closed
-4.83%
Market Cap 602.54M
Revenue (ttm) 6.01B
Net Income (ttm) -1.62B
Shares Out 629.72M
EPS (ttm) -2.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,162,027
Open 0.998
Previous Close 1.03
Day's Range 0.927 - 1.03
52-Week Range 0.8 - 4.66
Beta n/a
Analysts Sell
Price Target 2.10 (+114.2%)
Earnings Date Nov 9, 2022

About BHG

Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, NeueHealth and Bright HealthCare. The NeueHealth segment delivers virtual and in-person clinical care services to patients under contracts through its owned and affiliated primary care clinics. As of December 31, 2021, it worked with approximately 260,000 care provider partners; and operated 180 managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharma... [Read more]

Industry Healthcare Plans
IPO Date Jun 24, 2021
Employees 3,203
Stock Exchange NYSE
Ticker Symbol BHG
Full Company Profile

Financial Performance

In 2021, BHG's revenue was $4.03 billion, an increase of 233.75% compared to the previous year's $1.21 billion. Losses were -$1.18 billion, 376.9% more than in 2020.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for BHG stock is "Sell." The 12-month stock price forecast is 2.1, which is an increase of 114.22% from the latest price.

Price Target
$2.1
(114.22% upside)
Analyst Consensus: Sell
Stock Forecasts

News

CORRECTING and REPLACING Bright Health Group Reports Third Quarter 2022 Results

MINNEAPOLIS--( BUSINESS WIRE )--Original press release issued November 9, 2022 has been replaced with this version to correct a typographical error in the Financial Outlook section. “Adjusted EBITDA for...

3 weeks ago - Business Wire

NeueHealth and Medical Home Network Partner to Reduce Health Care Disparities through New ACO REACH Model

CHICAGO , Nov. 9, 2022 /PRNewswire/ -- NeueHealth Partners Community ACO, a partnership between NeueHealth and Medical Home Network, has been provisionally accepted to participate in the ACO REACH model...

3 weeks ago - PRNewsWire

Bright Health Group (BHG) Reports Q3 Loss, Misses Revenue Estimates

Bright Health (BHG) delivered earnings and revenue surprises of 12.50% and 8.52%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Bright Health Group Reports Third Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health Group” or the “Company”) (NYSE: BHG), the technology enabled, value-driven healthcare company serving aging and underserved consum...

3 weeks ago - Business Wire

Bright Health Group to Host Third Quarter 2022 Earnings Conference Call on November 9, 2022

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG) today announced it will report Third Quarter financial results before the financial markets open on Wednesday, Novem...

1 month ago - Business Wire

Bright Health Group Announces Closing of $175 Million Capital Raise to Support Focused Business

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group (NYSE: BHG) closes offering of Series B convertible perpetual preferred stock for $175M in aggregate proceeds.

1 month ago - Business Wire

Bright Health Group to Further Focus on Delivering Affordable Healthcare to Aging and Underserved Populations Through...

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health”) (NYSE: BHG) announces focus on its Fully Aligned Care Model, as well as $175M capital raise.

1 month ago - Business Wire

Bright Health Group (BHG) Reports Q2 Loss, Misses Revenue Estimates

Bright Health (BHG) delivered earnings and revenue surprises of -18.42% and 14.20%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Bright Health Group Reports Second Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, technology-enabled, fully-aligned system of healthcare for consumer retail market, reports 2022 second quarter financial results.

3 months ago - Business Wire

Bright Health Group to Host Second Quarter 2022 Earnings Conference Call on August 10, 2022

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. announced it will report Second Quarter financial results before the financial markets open on Wednesday, August 10, 2022.

4 months ago - Business Wire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Bright Health Group, Inc.

Wilmington, Delaware--(Newsfile Corp. - June 27, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Bright Health Group, Inc. (NYSE: BHG) on behalf of st...

5 months ago - Newsfile Corp

Bright Health Group Expands Executive Team as It Drives Performance in Scaled Businesses

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the first technology-enabled, Fully Aligned System of Care built for healthcare's consumer retail market, today ann...

6 months ago - Business Wire

Bright Health Group Reports First Quarter 2022 Results

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. (“Bright Health Group” or the “Company”) (NYSE: BHG), the first technology-enabled, Fully Aligned system of care built for healthcare's consumer r...

6 months ago - Business Wire

Bright Health Group to Host First Quarter 2022 Earnings Conference Call on May 4, 2022

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the first technology-enabled, Fully Aligned system of care built for healthcare's consumer retail market, today ann...

7 months ago - Business Wire

Bright Health Group Continues to Drive Focus on Consumer Retail Markets with Fully Aligned Model

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health") (NYSE: BHG), the first technology-enabled, Fully Aligned system of care built for healthcare's consumer retail market, today ann...

7 months ago - Business Wire

NeueHealth Announces Participation in Innovative Medicare Model in Six States

NEW YORK--(BUSINESS WIRE)--NeueHealth, the care delivery and provider enablement business of Bright Health Group (NYSE: BHG), announced today its participation in the Center for Medicare and Medicaid In...

7 months ago - Business Wire

Bright Health Group Announces Retirement of General Counsel Keith Nelsen

MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health" or “The Company”) (NYSE: BHG), the first technology-enabled, Fully Aligned system of care built for healthcare's consumer retail ...

8 months ago - Business Wire

BHG Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Bright Health Group, Inc. Shareholders of March 7, ...

New York, New York--(Newsfile Corp. - March 7, 2022) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Bright Health Group, Inc. ("Bright Health"...

8 months ago - Newsfile Corp

FINAL DEADLINE TODAY: ROSEN, A TOP RANKED LAW FIRM, Encourages Bright Health Group, Inc. Investors With Losses to Sec...

New York, New York--(Newsfile Corp. - March 7, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bright Health Group, Inc. (NYSE: BHG): (i) pursuant...

8 months ago - Newsfile Corp

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Bright Health Investors of a Lead Plaintiff Deadline Today

NEW YORK, March 7, 2022 /PRNewswire/ -- Attention Bright Health Group, Inc. ("Bright Health") (NYSE: BHG) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced...

8 months ago - PRNewsWire

BHG Investor Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Bright Health Group, Inc. Shareholders of Deadline to ...

New York, New York--(Newsfile Corp. - March 4, 2022) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Bright Health Group, Inc. ("Bright Health"...

8 months ago - Newsfile Corp

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Bright Hea...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming March 7, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors w...

8 months ago - Business Wire

BHG SHAREHOLDER ALERT: Jakubowitz Law Reminds Bright Health Shareholders of a Lead Plaintiff Deadline of March 7, 2022

NEW YORK , March 4, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Bright Health Group, Inc. (NYSE: BHG). To receiv...

8 months ago - PRNewsWire

MONDAY DEADLINE: Investors in Bright Health Group, Inc. with Substantial Losses Have Opportunity to Lead Class Action...

SAN DIEGO, March 3, 2022 /PRNewswire/ --  Robbins Geller Rudman & Dowd LLP announces that purchasers of: (a) Bright Health Group, Inc. (NYSE: BHG) common stock pursuant and/or traceable to the offering ...

8 months ago - PRNewsWire

BHG LAWSUIT ALERT: Levi & Korsinsky Notifies Bright Health Group, Inc. Investors of a Class Action Lawsuit and Upcomi...

NEW YORK , March 3, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Bright Health Group, Inc. ("Bright Health" or the "Company") (NYSE: BHG) of a class action securities lawsuit. CLASS ...

9 months ago - PRNewsWire