Tenet Healthcare Corporation (THC)
NYSE: THC · IEX Real-Time Price · USD
100.44
-1.38 (-1.36%)
Apr 12, 2024, 4:00 PM EDT - Market closed

Tenet Healthcare Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Tenet Healthcare stock have an average target of 101.12, with a low estimate of 81 and a high estimate of 126. The average target predicts an increase of 0.68% from the current stock price of 100.44.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $81 $101.12 $104 $126
Change -19.35% +0.68% +3.54% +25.45%

Analyst Ratings

The average analyst rating for THC stock from 17 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 999988
Buy 666688
Hold 111111
Sell 000000
Strong Sell 000000
Total 161616161717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$100$126
Strong Buy Maintains $100$126 +25.45% Apr 12, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$104
Buy Reiterates $104 +3.54% Apr 10, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$105$115
Buy Maintains $105$115 +14.50% Mar 28, 2024
Wolfe Research
Wolfe Research
Buy
Upgrades
$122
Buy Upgrades $122 +21.47% Mar 27, 2024
Mizuho
Mizuho
Strong Buy
Maintains
$100$110
Strong Buy Maintains $100$110 +9.52% Mar 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
20.57B
from 20.56B
Increased by 0.02%
Revenue Next Year
21.48B
from 20.57B
Increased by 4.43%
EPS This Year
6.09
from 5.71
Increased by 6.58%
EPS Next Year
7.13
from 6.09
Increased by 17.21%
Year 2019202020212022202320242025202620272028
Revenue
18.48B18.52B19.68B19.37B20.56B20.57B21.48B22.63B26.02B27.68B
Revenue Growth
0.91%0.23%6.23%-1.57%6.18%0.02%4.43%5.36%14.96%6.38%
EPS
-2.083.758.423.795.716.097.138.519.1210.33
EPS Growth
--124.53%-54.99%50.66%6.58%17.21%19.31%7.17%13.29%
No. Analysts -----2019922
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 22.7B 23.9B 24.7B 27.0B 28.8B
Avg 20.6B 21.5B 22.6B 26.0B 27.7B
Low 19.6B 20.1B 21.1B 25.2B 26.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.5%
16.3%
15.0%
19.5%
10.6%
Avg
0.0%
4.4%
5.4%
15.0%
6.4%
Low
-4.8%
-2.5%
-1.6%
11.5%
3.2%

EPS Forecast

EPS 20242025202620272028
High 7.00 8.93 10.43 9.48 10.74
Avg 6.09 7.13 8.51 9.12 10.33
Low 3.78 4.77 6.63 8.85 10.03

EPS Growth

EPS Growth 20242025202620272028
High
22.7%
46.7%
46.2%
11.4%
17.8%
Avg
6.6%
17.2%
19.3%
7.2%
13.3%
Low
-33.8%
-21.6%
-7.0%
4.0%
9.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.