Oscar Health, Inc. (OSCR)

NYSE: OSCR · IEX Real-Time Price · USD
6.80
+0.39 (6.17%)
Mar 30, 2023, 11:16 AM EDT - Market open
6.17%
Market Cap 1.69B
Revenue (ttm) 3.96B
Net Income (ttm) -606.28M
Shares Out 246.76M
EPS (ttm) -2.85
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,260,312
Open 6.60
Previous Close 6.40
Day's Range 6.32 - 7.10
52-Week Range 2.05 - 10.44
Beta 0.93
Analysts Buy
Price Target 5.39 (-20.68%)
Earnings Date May 9, 2023

About OSCR

Oscar Health, Inc. provides health insurance products and services in the United States. The company offers Individual & Family, Small Group, and Medicare Advantage plans, as well as +Oscar, a technology driven platform designed to help providers and payor clients to engage with members and patients. 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 2,621
Stock Exchange NYSE
Ticker Symbol OSCR
Full Company Profile

Financial Performance

In 2022, Oscar Health's revenue was $3.96 billion, an increase of 115.57% compared to the previous year's $1.84 billion. Losses were -$606.28 million, 5.88% more than in 2021.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for OSCR stock is "Buy." The 12-month stock price forecast is $5.39, which is a decrease of -20.68% from the latest price.

Price Target
$5.39
(-20.68% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Oscar Health, Inc. (OSCR) Stock Jumps 56.3%: Will It Continue to Soar?

Oscar Health, Inc. (OSCR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength d...

1 day ago - Zacks Investment Research

‘We are valuable to the customer base,' incoming Oscar Health CEO says

Fmr. Aetna exec and incoming Oscar Health CEO Mark Bertolini joins Yahoo Finance Live anchors to discuss taking the helm of Oscar Health, the plan for profitability, the trajectory for technology in t...

1 day ago - Yahoo Finance

Why Is Oscar Health (OSCR) Stock Up 82% Today?

Oscar Health (NYSE: OSCR) stock is heading higher on Tuesday after the healthcare company announced Mark Bertolini as its new CEO. That news has holders of OSCR stock excited today as Bertolini is a ...

2 days ago - InvestorPlace

Oscar Health names Mark Bertolini as new CEO, stock rises

Yahoo Finance's Anjalee Khemlani joins the Live show to discuss the rise in stock for Oscar Health following news that former Aetna executive Mark Bertolini will become CEO.

2 days ago - Yahoo Finance

Oscar Health CEO shakeup: Mark Bertolini to take over April 3

Mark Bertolini, incoming Oscar Health CEO, and Mario Schlosser, co-founder and outgoing Oscar Health CEO, joins 'Squawk Box' to discuss why Schlosser decided to let go of executive control, Bertolini'...

2 days ago - CNBC Television

Oscar Health Announces Appointment of Healthcare Veteran Mark Bertolini to CEO; Co-Founder and CEO Mario Schlosser Transitions to President of Technology

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 Mark Bertolin...

2 days ago - Business Wire

Oscar Health nabs former Aetna CEO Mark Bertolini for its top post

Former Aetna Inc. chief executive Mark Bertolini will take over as the CEO of Oscar Health Inc. OSCR, +6.85% , the Wall Street Journal reported Tuesday. Bertolini will take over from co-founder Mario ...

2 days ago - Market Watch

Oscar Health, Inc. Appoints Dr. Sean Martin, MD as New Chief Medical Officer

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 Dr. Sean Martin, MD has been ap...

2 weeks ago - Business Wire

Oscar Health Announces Renewed Agreement With Pharmacy Benefit Manager CVS Caremark

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 it has renewed its Pharmacy Ben...

3 weeks ago - Business Wire

Oscar Health, Inc. to Present at the Cowen 43rd Annual 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 Co-Founder & CEO, Mario Schlosser, a...

1 month 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), the first health insurance company built on a full stack technology platform, announced that on February 6, 2023 the Compensation ...

1 month ago - Business Wire

Oscar Health Nearly Doubled Its Member Base in 2022

The digital healthcare arena continues transforming healthcare delivery while broadening access for patients. This, as health technology company and insurance platform Oscar Health told investors on T...

1 month ago - PYMNTS

Oscar Health, Inc. (OSCR) Reports Q4 Loss, Tops Revenue Estimates

Oscar Health, Inc. (OSCR) delivered earnings and revenue surprises of -3.96% and 10.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Oscar Health Announces Results for Fourth Quarter and Full Year 2022

NEW YORK--(BUSINESS WIRE)--Health tech company Oscar Health, Inc. (NYSE: OSCR) today announced its financial results for the fourth quarter and year ended December 31, 2022 including significant impro...

1 month ago - Business Wire

Oscar Health, Inc. 2022 Fourth Quarter and Full Year Earnings 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 fourth quarter 2022 and full year...

2 months ago - Business Wire

Oscar Health, Inc. to Present at the 41st Annual J.P. Morgan Healthcare 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 Co-Founder & CEO, Mario Schlo...

3 months ago - Business Wire

Oscar Health, Inc. to Limit Additional Growth in Florida in Light of Strong Open Enrollment

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, announced that based on strong Open Enrollment per...

3 months ago - Business Wire

Oscar Health Survey Details Connection Between Economic and Health Security, With More Individuals Reassessing Their Health Insurance and Prioritizing Their Healthcare Needs

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first healthcare company built on a full stack technology platform, today announced the results of a comprehensive survey on...

4 months ago - Business Wire

Oscar Health Appoints Bill Gassen and Laura Lang To Its Board of Directors

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 Bill Gassen and Laura Lang ha...

4 months ago - Business Wire

Oscar Health Announces Expansion with Vanderbilt University Medical Center To Provide In-Network Health Coverage for Residents Across the Nashville Region

NASHVILLE, Tenn. & 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 Vanderbilt...

4 months ago - Business Wire

Thrive Capital 13F Update, Oscar Health

NEW YORK--(BUSINESS WIRE)--Thrive Capital confirmed today that there have been no changes to its ownership of Oscar Health, Inc. (the "Company") (NYSE: OSCR). Its ownership remains as was disclosed ...

4 months ago - Business Wire

Oscar Health, Inc. (OSCR) Reports Q3 Loss, Tops Revenue Estimates

Oscar Health, Inc. (OSCR) delivered earnings and revenue surprises of -19.74% and 5.08%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Oscar Health Announces Results for Third Quarter 2022

NEW YORK--(BUSINESS WIRE)--Health insurtech company Oscar Health, Inc. (NYSE: OSCR) today announced its financial results for the third quarter ended September 30, 2022.

5 months ago - Business Wire

Oscar Health, Inc. 2022 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 2022 financial result...

5 months ago - Business Wire