RankAlpha logo
Back to Rankings

THC

Tenet HealthcareA
NYSE / Health Care Equipment & Services
Last Price
Quote time unavailable
View Chart
Current thesis
Q2 operating performance was strong, with 16.3% year-over-year Adjusted EBITDA growth, hospital Adjusted EBITDA margin expansion, and higher FY2026 EBITDA and free-cash-flow outlooks [#SEC-8K-2026-07-23]. Continued execution and buybacks could support moderate upside.
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +4.6.
What can break
Payer-mix headwinds and lower exchange admissions could pressure margins [#SEC-8K-2026-07-23].
Momentum
84
Value
71
Sentiment
75
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $285.00 · Bull $310.00 · Bear $230.00Analysis 2026-09-08; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-08 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-08 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-08

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-08. Definitions

Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $285.10
Why
Momentum84 · Δ7d -5.7
Value71 · Δ7d -0.0
Sentiment75 · Δ7d +4.6
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta +4.6.

Contradictions & invalidation

  • • Payer-mix headwinds and lower exchange admissions could pressure margins [#SEC-8K-2026-07-23].
  • • Recent insider filings report open-market sales by senior executives and directors, but insider activity is not direct evidence of operating results [#SEC-FORM4-2026-08-26][#SEC-FORM4-2026-09-01][#SEC-FORM4-2026-09-03].
  • • The Q2 event is already dated and likely substantially reflected in the share price.

Catalyst clock

2026-07-23

Q2 2026 earnings beat and raised outlook

Lead driver: Sentiment · See AI snapshot
Momentum
84
9% active weight
Current posture
7d trendFlat
Δ7d
-5.7
Δ21d
-15.7
Value
71
28% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
-0.2
Sentiment
75
62% active weight
Current posture
7d trendImproving
Δ7d
+4.6
Δ21d
+2.4
Why this grade

Composite grade A. Momentum 83.8 / Value 70.9 / Sentiment 74.7

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-08. Scenario method

B+
Bull case
25%
Probability
Target price
$310.00
Analysis reference price unavailable
Analysis 2026-09-08 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$285.00
Analysis reference price unavailable
Analysis 2026-09-08 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$230.00
Analysis reference price unavailable
Analysis 2026-09-08 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$21.3B
Beta
1.45
Shares Out
80.52M
P/E (TTM)
14.2
P/S (TTM)
0.87
P/FCF (TTM)
12.11
Rev YoY
+6.8%
EPS YoY
+213.5%
Gross Margin
+16.5%
Op Margin
+16.5%
Net Debt
$11.55B
Current Ratio
1.41
As of 2026-09-08 • Updated nightlySource: Internal modelMethods & Data