Oscar Health, Inc. (OSCR)

NYSE: OSCR · IEX Real-Time Price · USD
16.79
+0.04 (0.24%)
At close: Feb 27, 2024, 4:00 PM
16.91
+0.12 (0.71%)
After-hours: Feb 27, 2024, 7:55 PM EST
0.24%
Market Cap 3.87B
Revenue (ttm) 5.86B
Net Income (ttm) -270.73M
Shares Out 229.73M
EPS (ttm) -1.22
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,233,602
Open 16.80
Previous Close 16.75
Day's Range 16.59 - 17.24
52-Week Range 3.23 - 18.55
Beta 1.72
Analysts Buy
Price Target 11.63 (-30.73%)
Earnings Date Feb 7, 2024

About OSCR

Oscar Health, Inc. operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products. The company was formerly known as Mulberry Health Inc. and changed its name to Oscar Health, Inc. in January 2021. Oscar Health, Inc. was incorporated in 2012 and is headquartered in New York, New York. [Read more]

Sector Healthcare
IPO Date Mar 3, 2021
Employees 2,400
Stock Exchange NYSE
Ticker Symbol OSCR
Full Company Profile

Financial Performance

In 2023, Oscar Health's revenue was $5.86 billion, an increase of 47.92% compared to the previous year's $3.96 billion. Losses were -$270.73 million, -55.35% less than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for OSCR stock is "Buy." The 12-month stock price forecast is $11.63, which is a decrease of -30.73% from the latest price.

Price Target
$11.63
(-30.73% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Oscar Health Announces Strong Results for Fourth Quarter and Full Year 2023; Introduces Full Year 2024 Outlook Including Total Company Adjusted EBITDA Profitability

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, today announced its financial results for the fourth quarter and full ye...

20 days ago - Business Wire

Oscar Health, Inc. Announces Inducement Grants under Section 303A.08 of the NYSE Listed Company Manual

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, announced that on January 22, 2024 the Compensation Committee of Oscar's Board of Directo...

4 weeks ago - Business Wire

Oscar Health, Inc. 2023 Fourth Quarter and Full Year Earnings Conference Call

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, will release its fourth quarter and full year 2023 financial results after the market clo...

5 weeks ago - Business Wire

Oscar Health, Inc. to Present at the 42nd Annual J.P. Morgan Healthcare Conference

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that Chief Executive Officer, Mark Bertolini, is scheduled to present and...

2 months ago - Business Wire

Oscar Health, Inc. Announces 2023 Culturally Competent Care Grant Recipients, Bolstering its Efforts to Support Rural and Hispanic and Latino Communities

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, is announcing this year's recipients of its Culturally Competent Care (CCC) Grants. The i...

3 months ago - Business Wire

Oscar Health, Inc. Announces that Mark Bertolini's Foundation and Deerfield Management have Entered into an Agreement with a Selling Shareholder to Purchase Shares of Oscar Health

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that an affiliate of Deerfield Management Company, L.P. (“Deerfield”) and...

3 months ago - Business Wire

Oscar Health, Inc. to Present at 5th Annual Wolfe Research Healthcare Conference

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that Chief Executive Officer, Mark Bertolini, is scheduled to present and...

3 months ago - Business Wire

Oscar Health CEO talks the company's path to profitability

Mark Bertolini, Oscar Health CEO, joins 'Closing Bell Overtime' to talk the company's quarterly earnings, a path to profitability, expansion and more.

4 months ago - CNBC Television

Oscar Health Focuses on Member Experience and Technology-Driven Solutions for Growth

Oscar Health Inc. membership retention and more personalization were highlighted during the healthcare insurance provider's third-quarter earnings report released Tuesday (Nov. 7). The company, which ...

4 months ago - PYMNTS

Oscar Health's Losses Narrow As Insurer Looks To 2024 Profitability

Oscar Health reported a $65.7 million loss as the provider of individual coverage under the Affordable Care Act also known as Obamacare works its way to profitability under new management in part by r...

4 months ago - Forbes

Oscar Health Announces Results for Third Quarter 2023 and Raises Full Year 2023 Adjusted EBITDA Outlook; New +Oscar Agreement

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, today announced its financial results for the third quarter ended Septem...

4 months ago - Business Wire

Oscar Health announces expansion plans for 2024 and stock pops 6%

Oscar Health Inc. OSCR, -3.76% said Thursday it plans to expand into 165 new markets in 13 states in 2024, through its individual and family health insurance plans. The New York-based company said the...

4 months ago - Market Watch

Oscar Health, Inc. Announces 2024 Market Expansion Plans, Offering Affordable, Accessible, and Technology-Enabled Care for the Eleventh Consecutive Year

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced its 2024 market expansion efforts for its Individual and Family Plans, ma...

4 months ago - Business Wire

Oscar Health, Inc. 2023 Third Quarter Conference Call

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its third quarter 2023 financial result...

5 months ago - Business Wire

Oscar Health CEO Mark Bertolini on using new AI tools in health care

Mark Bertolini, Oscar Health CEO, joins 'Squawk Box' to discuss the company's run since its initial public offering in March, the company's path to profitability, and how Bertolini has worked on the c...

6 months ago - CNBC Television

Oscar Health Welcomes Two Healthcare Veterans to its Executive Leadership Team

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built around a full stack technology platform, today announced the appointment of two seasoned ...

6 months ago - Business Wire

Oscar Health, Inc. to Present at Upcoming Healthcare Conferences

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Chief Financial Officer, Scott ...

6 months ago - Business Wire

Oscar Health Reports A Loss And Fewer Members Despite Operating In A Robust Obamacare Market

Oscar Health Tuesday reported a quarterly loss of $15 million thanks in part to tens of thousands of fewer sales of individual health insurance policies.

7 months ago - Forbes

Oscar Health Announces Strong Financial Results for Second Quarter 2023

NEW YORK--(BUSINESS WIRE)--Health tech company Oscar Health, Inc. (NYSE: OSCR) today announced its financial results for the second quarter ended June 30, 2023. “Our strong second quarter results demo...

7 months ago - Business Wire

Oscar Health, Inc. 2023 Second Quarter Conference Call

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its second quarter 2023 financial resul...

8 months ago - Business Wire

Oscar Health Announces Results for First Quarter 2023 With Meaningful YoY Improvements Across all KPIs

NEW YORK--(BUSINESS WIRE)--Health tech company Oscar Health, Inc. (NYSE: OSCR) today announced its financial results for the first quarter ended March 31, 2023. "I believe that Oscar has the power to ...

10 months ago - Business Wire

Oscar Health, Inc. Announces Participation in BofA Securities 2023 Health Care Conference

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Chief Executive Officer, Mark B...

10 months ago - Business Wire

Oscar Health Renews and Expands Relationship with Digital Solutions Platform Provider Ciox Health

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Today, Ciox Health®, a Datavant company, and Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built around a full stack technolo...

11 months ago - Business Wire

Oscar Health, Inc. 2023 First Quarter Conference Call

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its first quarter 2023 financial result...

11 months ago - Business Wire

Oscar Health, Inc. Releases 2022 Environmental, Social, and Governance (ESG) Report

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today released its inaugural Environmental, Social, ...

11 months ago - Business Wire