THCTHCHealthcare · Medical Care Facilities

THC Stock Forecast: Tenet Healthcare Corp. Price Predictions for 2026-2027

Last close, 14 Oct 2026
$272
+1.76% on the day

The 23 Wall Street analysts covering Tenet Healthcare Corp. hold a median 12-month price target of $284 — +4.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 97 of 100 as at 14 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$21.5B
Ticker Nerd rank
97 / 100
Median analyst target
$284
Analysts covering
23
Revenue$6.0B+14.6% y/y
Operating income$1.4B
Net income$1.0B
Free cash flow$417.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+4.5%
1M
+2.7%
YTD
+36.7%
1Y
+38.3%
From 52W high
−3.3%
From 52W low
+68.3%
$161
$281
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

THC stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Tenet Healthcare Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 14 Oct 2026
97 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
93
Momentum
90
Revisions
89
Quality
86
Growth
82
Issuance
82
Volatility
60
Accruals
56
Size
9

Value (93): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Accruals (56): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (9): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

THC stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on THC, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$150$200$250$300Jan 26Apr 26Jul 26Oct 26THCHigh $315Median $284Low $260

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says23 analysts
19 Buy4 Hold0 Sell
Low $260Median $284High $315

The green dot is the last close — the median target sits +4.6% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
23 Sept 2026BMO CapitalInitiatesMarket Perform$265
18 Sept 2026Leerink PartnersMaintainsOutperform$309
3 Aug 2026Wells FargoMaintainsOverweight—
3 Aug 2026Wells FargoMaintainsOverweight$231 → $281
28 July 2026BairdMaintainsNeutral$210 → $280
28 July 2026BairdMaintainsNeutral—
28 July 2026GuggenheimMaintainsBuy—
28 July 2026GuggenheimMaintainsBuy$242 → $283
28 July 2026Truist SecuritiesMaintainsBuy$270 → $290
28 July 2026Truist SecuritiesMaintainsBuy—
27 July 2026Morgan StanleyMaintainsOverweight—
27 July 2026Morgan StanleyMaintainsOverweight$254 → $274
27 July 2026RBC CapitalMaintainsOutperform$236 → $283
27 July 2026RBC CapitalMaintainsOutperform—
27 July 2026TD CowenMaintainsBuy—
27 July 2026TD CowenMaintainsBuy$233 → $263
27 July 2026UBSMaintainsBuy—
27 July 2026UBSMaintainsBuy$288 → $308
24 July 2026BarclaysMaintainsOverweight$240 → $271
24 July 2026BarclaysMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. THC appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

THC vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 14 Oct 2026, Tenet Healthcare Corp. returned +38.3% against +17.5% for the S&P 500, dividends included.

THC vs S&P 500, last 12 monthsTotal return, rebased to 100
80100120140Jan 26Apr 26Jul 26Oct 26THCS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

THC analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+18.9%
Analysts raising
1
Analysts cutting
1
Fundamentals

Tenet Healthcare Corp. (THC) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
10.3×

Cheaper than 57% of US stocks

Price / sales
1.0×

Cheaper than 68% of US stocks

Price / book
4.6×

Cheaper than 21% of US stocks

EV / EBITDA
7.6×

Cheaper than 46% of US stocks

Growth & margins
Revenue growth (YoY)
6.8%

Higher than 43% of US stocks

Earnings growth (YoY)
186.8%

Higher than 89% of US stocks

Gross margin
83.7%

Higher than 93% of US stocks

Operating margin
18.2%

Higher than 77% of US stocks

Net margin
10.3%

Higher than 70% of US stocks

Returns & dividend
Return on equity
37.3%

Higher than 90% of US stocks

Return on assets
8.3%

Higher than 89% of US stocks

Dividend yield
0.0%

Higher than 62% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Tenet Healthcare Corp. (THC) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Tenet Healthcare Corp. has a market value of $21.5B and an enterprise value of $36.8B.

  • Revenue in the twelve months to 30 June 2026: $22.6B. The latest quarter grew 6.8% year on year.

  • Net income over the same four quarters: $3.2B, a 14.0% net margin.

  • Diluted earnings per share, trailing twelve months: $25.93.

  • Free cash flow in the twelve months to 30 June 2026: $3.0B.

  • Tenet Healthcare Corp. spent $1.7B on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 80.5M.

  • Trailing P/E: 10.3×; forward P/E: 12.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.04%, paying out 0% of earnings.

  • Tenet Healthcare Corp. employs 77,000 people — $294K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 14 Oct 2026

Data provided by Twelve Data

Peers

THC vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelMedical Care Facilities
CompanyMarket capTKN rank
THCTenet Healthcare Corp.$21.5B
97
EHCEncompass Health Corp.$12.6B
83
DVADaVita, Inc.$12.1B
93
UHSUniversal Health Services, Inc.$11.0B
69
ENSGThe Ensign Group, Inc.$10.2B
61
PACSPACS Group, Inc.$7.1B
88
CHEChemed Corp.$6.9B
82

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Tenet Healthcare Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest THC news & analysis

Tenet Healthcare (THC) Beats Stock Market Upswing: What Investors Need to Know

Zacks Investment Research · 9 Oct 2026positive

Tenet Healthcare closed the most recent trading day at $263.78, up 1.23% from the previous session. The headline says the stock outperformed the broader market upswing.

Why it matters — THC watchers may note the stock’s latest daily move and its performance relative to the market upswing.

Why Tenet Healthcare (THC) is a Top Value Stock for the Long-Term

Zacks Investment Research · 8 Oct 2026positive

Zacks Investment Research explains that its Style Scores help investors find stocks rated highly for a particular investing style, and highlights Tenet Healthcare as a long-term value stock.

Why it matters — THC watchers may note the article’s value-investing framing and its reference to Zacks’ stock-rating approach.

Tenet Healthcare (THC) Outpaces Stock Market Gains: What You Should Know

Zacks Investment Research · 2 Oct 2026positive

Tenet Healthcare (THC) shares closed at $258.62 on the latest trading day, up 1.83% from the previous close and outpacing broader stock market gains.

Why it matters — The stock's outperformance on the day signals relative strength for THC investors tracking its daily market movement.

Tenet to Report Its Third Quarter 2026 Results on October 29

Business Wire · 2 Oct 2026neutral

Tenet Healthcare Corporation announced it will release its third quarter 2026 results before the market opens on Thursday, October 29, 2026, followed by a conference call at 9:00 a.m. CT. A live webcast and audio archive will be available via the investor relations section of Tenet's website.

Why it matters — THC watchers would care because the announcement sets the date for the company's quarterly earnings release and investor conference call, a key scheduled event for monitoring its financial performance.

FAQ

Frequently asked questions about THC stock

What is the THC stock price forecast for 2026-2027?

The 23 Wall Street analysts covering Tenet Healthcare Corp. have a median 12-month price target of $284, with estimates ranging from $260 to $315. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is THC stock a buy right now?

Of the 23 analysts covering Tenet Healthcare Corp., 19 rate it a Buy, 4 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Tenet Healthcare Corp. 97 out of 100 across roughly 4,600 US stocks as at 14 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank THC?

As at 14 Oct 2026, Tenet Healthcare Corp. ranks 97 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (93 of 100).

Will THC stock go up?

No one can know that. What the data says: the median 12-month target from 23 analysts implies +4.6% from the last close, and Ticker Nerd's factor model ranks Tenet Healthcare Corp. 97 out of 100 as at 14 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the THC stock forecast for 2030?

No analyst covering Tenet Healthcare Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for THC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $260 to $315 over the next 12 months.

How has THC stock performed over the past year?

Tenet Healthcare Corp. returned +38.3% over the 12 months to 14 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Tenet Healthcare Corp. do?

Tenet Healthcare Corp. is a diversified healthcare services company focused on delivering hospital care, outpatient treatment, and related support services across the United States.

What is the latest news on THC?

The most recent item we track (Zacks Investment Research, 9 Oct 2026): "Tenet Healthcare (THC) Beats Stock Market Upswing: What Investors Need to Know". Tenet Healthcare closed the most recent trading day at $263.78, up 1.23% from the previous session. The headline says the stock outperformed the broader market upswing.

Company

About Tenet Healthcare Corp.

Tenet Healthcare Corp. is a diversified healthcare services company focused on delivering hospital care, outpatient treatment, and related support services across the United States. The company operates acute care and specialty hospitals, ambulatory surgery centers, and a broad network of outpatient facilities that provide services such as emergency care, diagnostics, radiology, respiratory therapy, clinical laboratories, and pharmacies. Its business also includes physician services and revenue cycle management through Conifer Health Solutions, which supports hospitals, health systems, physician practices, and employers with administrative and financial operations. Through this combination of inpatient care, ambulatory surgery, and healthcare services infrastructure, Tenet Healthcare Corp. plays an important role in providing coordinated care delivery across multiple settings and patient needs. The company is headquartered in Dallas, Texas.

CEO Dr. Saumya Sutaria M.D. · 77,000 employees · United States · https://www.tenethealth.com