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Tenet Healthcare (THC): analyst forecast and price target

$267 −2.86% close 16.10.26 · market cap $22.2B · Healthcare · Medical - Care Facilities
Price targets and ratings of

Analyst consensus

Strong Buy

16 Buy2 Hold0 Sell

Ratings of 18 analysts in the last 3 months

12-month forecast

$285+6.6% upside

Based on 18 price targets given in the last 3 months, the average target is $285, the highest $315, the lowest $245. The average is +6.6% from the last price of $267.

$200$250$300Jan 26AprJulOctJan 27AprJulOctHigh$315Average$285Low$245
Highest target $315 Average target $285 Lowest target $245
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Jason Cassorla★★★★★★★★★★#3435 · hits 57% · avg +5.7% Guggenheim $283 → $307+8.5% Buy +14.9% Assigned 16.10.26on TipRanks 07:25 −1.8%
Craig Hettenbach★★★★★★★★★★#1537 · hits 59% · avg +7.6% Morgan Stanley $274 Buy +2.5% Assigned 12.10.26on TipRanks 08:20 +1.9%next day −0.7%
Ben Hendrix★★★★★★★★★★#1571 · hits 53% · avg +7.2% RBC Capital $283 Buy +5.9% Reiterated 07.10.26on TipRanks Oct 8 21:45 +0.8%next day +0.7% · 5 days +5.5%
Andrew Cooper★★★★★★★★★★#11107 · hits 40% · avg −3.0% Raymond James $285 Buy +6.6% Reiterated 28.09.26on TipRanks 09:30 +0.1%next day +0.1% · 5 days −0.6%
Sean Dodge★★★★★★★★★★#11980 · hits 43% · avg −4.3% BMO Capital $265 Hold −0.8% Initiated 22.09.26on TipRanks 16:40 −1.4%next day −2.6% · 5 days +0.3%
Whit Mayo★★★★★★★★★★#3228 · hits 49% · avg +3.6% Leerink Partners — Buy — Reiterated 17.09.26on TipRanks Sep 18 04:45 −2.6%next day −0.1% · 5 days −5.6%
Benjamin Rossi★★★★★★★★★★#2996 · hits 75% · avg +16.8% J.P. Morgan $315 Buy +17.9% Reiterated 01.09.26on TipRanks Sep 2 08:05 +0.7%next day −3.2% · 5 days +1.1%
A.J. Rice★★★★★★★★★★#690 · hits 61% · avg +9.8% UBS $308 Buy +15.2% Reiterated 25.08.26on TipRanks 09:15 −2.7%next day +0.8% · 5 days −1.7%
Ann Hynes★★★★★★★★★★#1003 · hits 59% · avg +8.1% Mizuho Securities $250 → $290+16.0% Buy +8.5% Reiterated 10.08.26on TipRanks 07:30 −0.8%next day +0.1% · 5 days +1.8%
Kevin Fischbeck★★★★★★★★★★#8009 · hits 57% · avg +0.1% Bank of America Securities $290 → $295+1.7% Buy +10.4% Reiterated 10.08.26on TipRanks 05:16 −0.8%next day +0.1% · 5 days +1.8%
Stephen Baxter★★★★★★★★★★#3289 · hits 50% · avg +3.9% Wells Fargo $231 → $281+21.6% Buy +5.1% Assigned 31.07.26on TipRanks Aug 3 07:45 +0.1%next day −3.3% · 5 days −0.6%
Scott Fidel★★★★★★★★★★#1346 · hits 64% · avg +7.9% Goldman Sachs $252 → $305+21.0% Buy +14.1% Assigned 29.07.26on TipRanks Jul 28 18:30 −0.4%next day −3.6% · 5 days −3.9%
Michael Ha★★★★★★★★★★#10152 · hits 42% · avg −2.4% Robert W. Baird $210 → $280+33.3% Hold +4.8% Reiterated 28.07.26on TipRanks 06:45 +7.7%next day −0.4% · 5 days −7.7%
David S Macdonald★★★★★★★★★★#400 · hits 63% · avg +13.2% Truist Financial $270 → $290+7.4% Buy +8.5% Reiterated 28.07.26on TipRanks Jul 27 09:16 +4.3%next day +7.7% · 5 days +0.2%
Raj Kumar CFA★★★★★★★★★★#3375 · hits 77% · avg +21.7% Stephens $250 → $285+14.0% Buy +6.6% Reiterated 27.07.26on TipRanks 10:24 +4.3%next day +7.7% · 5 days +0.2%
Ryan Langston★★★★★★★★★★#9454 · hits 47% · avg −0.6% TD Cowen $233 → $263+12.9% Buy −1.6% Assigned 27.07.26on TipRanks 05:47 +4.3%next day +7.7% · 5 days +0.2%
Andrew Mok CFA★★★★★★★★★★#11840 · hits 51% · avg −4.8% Barclays $240 → $271+12.9% Buy +1.4% Reiterated 24.07.26on TipRanks 05:14 +17.1%next day +4.3% · 5 days +8.2%
Sarah James★★★★★★★★★★#2265 · hits 55% · avg +5.7% Cantor Fitzgerald $245 Buy −8.3% Reiterated 23.07.26on TipRanks Jul 24 09:52 +3.1%next day +17.1% · 5 days +26.5%
Matthew Gillmor CFA★★★★★★★★★★#6184 · hits 53% · avg +2.0% KeyBanc $250 → $225−10.0% Buy −15.8% Reiterated 01.05.26on TipRanks 08:00 +3.2%next day +1.5% · 5 days +1.5%
Brian Tanquilut★★★★★★★★★★#1681 · hits 52% · avg +6.6% Jefferies $250 Buy −6.5% Reiterated 31.10.25on TipRanks 11:45 −1.3%next day −2.7% · 5 days +1.0%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Tenet Healthcare

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Andrew Mok CFA★★★★★★★★★★Barclays · #11840
Hits 51%157 of 307 Average return −4.8%
1 year Sarah James★★★★★★★★★★Cantor Fitzgerald · #2265
Hits 55%182 of 330 Average return +5.7%
2 years Jason Cassorla★★★★★★★★★★Guggenheim · #3435
Hits 57%70 of 122 Average return +5.7%

Most profitable

3 months Sarah James★★★★★★★★★★Cantor Fitzgerald · #2265
Hits 55%182 of 330 Average return +5.7%
1 year A.J. Rice★★★★★★★★★★UBS · #690
Hits 61%298 of 485 Average return +9.8%
2 years Jason Cassorla★★★★★★★★★★Guggenheim · #3435
Hits 57%70 of 122 Average return +5.7%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 12.10.26: target $283 at a price of $264 (+7.4%); now: $285 at $267 (+6.6%).

$260$280Sep 15Oct 1Oct 15Top analysts$290Average target$285Price$267

PriceAverage targetTop analysts’ target

Recommendation trend

0102030311Oct 2532Nov28Dec13Jan 2625Feb25Mar24Apr161May161Jun322Jul261Aug272Sep101Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy161632262710
Hold112121
Sell000000

Earnings and sales forecast

Next report: 29.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $4.67 (from $4.03 to $5.04). Last quarter: $6.12.

Sales

Next quarter’s sales estimate — $5.5B (from $5.4B to $5.6B). Last quarter: $5.6B.

Best top-analyst consensus in the sector · Healthcare

AXGNAxoGen
MDWDMediwound
OCULOcular Therapeutix
OVIDOvid Therapeutics
ZYMEZymeworks
About Tenet Healthcare
  • CEO: Saumya Sutaria
  • Employees: 88,500
  • 14201 Dallas Parkway, Dallas, TX, 75254, US
  • www.tenethealth.com

Tenet Healthcare Corporation operates as a broad-ranging provider of health solutions. The company organizes its operations across three main divisions: Hospital Operations and Other, Ambulatory Care, and Conifer. Within its network of acute care facilities, Tenet delivers a full spectrum of essential services. These include core hospital functions such as operating and recovery suites, radiology and respiratory therapy, clinical laboratories, and on-site pharmacies. The organization also provides high-acuity patient care through intensive, critical, and coronary care units. Specialized medical services cover areas like cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics, alongside various outpatient treatments, including physical therapy. Advanced surgical capabilities feature cardiothoracic, complex spinal, and neurosurgery, as well as neonatal intensive care. Tenet extends its offerings to ultra-specialized quaternary care, exemplified by heart and kidney transplant programs, and sophisticated procedures such as limb-salvaging vascular interventions, acute Level 1 trauma care, intravascular stroke treatment, minimally invasive cardiac valve replacements, advanced imaging, and telemedicine access. Beyond its hospital network, Tenet manages numerous other clinical sites. These encompass outpatient surgical centers, immediate care facilities, diagnostic imaging centers, dedicated surgical hospitals, off-campus emergency departments, and micro-hospitals. Through its Conifer segment, the company furnishes critical healthcare business process solutions. These administrative services, offered to hospitals, health systems, physician practices, employers, and other clients, include financial administration for patient accounts (revenue cycle management), support for patient communications and engagement, and outcome-focused care strategies. As of February 9, 2022, Tenet's operational footprint included 60 hospitals and roughly 550 additional

Data from the stock’s TipRanks forecast page, read 6 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗