Tenet Healthcare Corporation (THC)
NYSE: THC · Real-Time Price · USD
268.89
-4.36 (-1.60%)
Nov 2, 2026, 4:00 PM EST - Market closed

Tenet Healthcare Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Tenet Healthcare stock has a consensus rating of "Buy" and an average price target of $301.59. The average 1-year stock price forecast is 12.16% higher than the current stock price, while the lowest is $265 (-1.45%) and the highest is $342 (+27.19%).

Price Target: $301.59 (+12.16%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$265$301.59$303.5$342
Change-1.45%+12.16%+12.87%+27.19%

Analyst Ratings

The average analyst rating for Tenet Healthcare stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy141414141414
Buy665555
Hold223344
Sell000000
Strong Sell000000
Total222222222323

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Leerink Partners
Leerink Partners
Buy
Reiterates
$309 → $342
BuyReiterates$309 → $342+27.19%Nov 2, 2026
UBS
UBS
Buy
Maintains
$308 → $340
BuyMaintains$308 → $340+26.45%Nov 2, 2026
RBC Capital
RBC Capital
Buy
Reiterates
$283 → $304
BuyReiterates$283 → $304+13.06%Nov 2, 2026
TD Cowen
TD Cowen
Buy
Maintains
$263 → $302
BuyMaintains$263 → $302+12.31%Nov 2, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$290 → $305
BuyMaintains$290 → $305+13.43%Nov 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
22.46B
from 21.31B
Increased by 5.39%
Revenue Next Year
22.53B
from 22.46B
Increased by 0.29%
EPS This Year
22.24
from 16.78
Increased by 32.56%
EPS Next Year
20.56
from 22.24
Decreased by -7.57%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
19.49B19.17B20.56B20.68B21.31B22.46B
Revenue Growth
10.46%-1.60%7.25%0.54%3.07%5.39%
Gross Profit
7.27B7.05B7.82B8.22B8.82B10.80B
Gross Margin
37.30%36.76%38.03%39.75%41.37%48.10%
Operating Income
2.56B2.49B2.81B3.22B3.77B4.29B
Net Income
914.00M411.00M611.00M3.20B1.41B2.62B
EPS
----16.7822.24
EPS Growth
----41.25%32.56%
Forward PE
13.959.5513.4011.7612.2012.09
Free Cash Flow
----2.53B2.74B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High24.3B
Avg22.5B
Low22.1B

Revenue Growth

Revenue Growth202620272028
High
13.8%
Avg
5.4%
Low
3.8%

EPS Forecast

EPS202620272028
High23.01
Avg22.24
Low21.05

EPS Growth

EPS Growth202620272028
High
37.1%
Avg
32.6%
Low
25.4%