Tenet Healthcare Corporation (THC)
NYSE: THC · Real-Time Price · USD
255.28
-2.66 (-1.03%)
Sep 29, 2026, 1:53 PM EDT - Market open

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 $284.64. The average 1-year stock price forecast is 11.50% higher than the current stock price, while the lowest is $260 (+1.85%) and the highest is $315 (+23.40%).

Price Target: $284.64 (+11.50%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$260$284.64$284$315
Change+1.85%+11.50%+11.25%+23.40%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy141414141414
Buy666555
Hold222333
Sell000000
Strong Sell000000
Total222222222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Raymond James
Raymond James
Buy
Reiterates
$285
BuyReiterates$285+11.64%Sep 28, 2026
BMO Capital
BMO Capital
Hold
Initiates
$265
HoldInitiates$265+3.81%Sep 22, 2026
Leerink Partners
Leerink Partners
Buy
Reiterates
n/a
BuyReiteratesn/an/aSep 18, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
$274
BuyMaintains$274+7.34%Sep 14, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$315
BuyMaintains$315+23.40%Sep 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
22.43B
from 21.31B
Increased by 5.25%
Revenue Next Year
22.52B
from 22.43B
Increased by 0.41%
EPS This Year
21.22
from 16.78
Increased by 26.48%
EPS Next Year
21.08
from 21.22
Decreased by -0.66%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
19.49B19.17B20.56B20.68B21.31B22.43B
Revenue Growth
10.46%-1.60%7.25%0.54%3.07%5.25%
Gross Profit
7.27B7.05B7.82B8.22B8.82B10.70B
Gross Margin
37.30%36.76%38.03%39.75%41.37%47.70%
Operating Income
2.56B2.49B2.81B3.22B3.77B4.23B
Net Income
914.00M411.00M611.00M3.20B1.41B2.79B
EPS
----16.7821.22
EPS Growth
----41.25%26.48%
Forward PE
13.959.5513.4011.7612.2012.03
Free Cash Flow
----2.53B2.88B
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High24.3B
Avg22.4B
Low22.1B

Revenue Growth

Revenue Growth202620272028
High
13.8%
Avg
5.3%
Low
3.7%

EPS Forecast

EPS202620272028
High21.65
Avg21.22
Low20.66

EPS Growth

EPS Growth202620272028
High
29.0%
Avg
26.5%
Low
23.1%