UNH Stock - UnitedHealth Group Incorporated
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $400.28B | $371.62B | $324.16B | $287.60B | $257.14B |
| Gross Profit | $89.40B | $90.96B | $79.62B | $69.65B | $67.00B |
| Gross Margin | 22.3% | 24.5% | 24.6% | 24.2% | 26.1% |
| Operating Income | $32.29B | $32.36B | $28.43B | $23.97B | $22.41B |
| Net Income | $14.40B | $22.38B | $20.12B | $17.29B | $15.40B |
| Net Margin | 3.6% | 6.0% | 6.2% | 6.0% | 6.0% |
| EPS | $15.64 | $24.12 | $21.54 | $18.33 | $16.28 |
UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage and well-being services to individuals age 50 and older addressing their needs for preventive and acute health care services, as well as services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, children's health insurance and health care programs; health and dental benefits; and hospital and clinical services. The OptumHealth segment provides access to networks of care provider specialists, health management services, care delivery, consumer engagement, and financial services. This segment serves individuals directly through care delivery systems, employers, payers, and government entities. The OptumInsight segment offers software and information products, advisory consulting arrangements, and managed services outsourcing contracts to hospital systems, physicians, health plans, governments, life sciences companies, and other organizations. The OptumRx segment provides pharmacy care services and programs, including retail network contracting, home delivery, specialty and compounding pharmacy, and purchasing and clinical capabilities, as well as develops programs in the areas of step therapy, formulary management, drug adherence, and disease/drug therapy management. UnitedHealth Group Incorporated was incorporated in 1977 and is based in Minnetonka, Minnesota.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 29th 2025 | Deutsche Bank | Downgrade | Hold | $333 |
| October 14th 2025 | Goldman | Initiation | Buy | $406 |
| July 31st 2025 | Robert W. Baird | Downgrade | Underperform | $198 |
| July 30th 2025 | Oppenheimer | Reiterated | Outperform | $325← $400 |
| June 11th 2025 | Robert W. Baird | Downgrade | Neutral | $312 |
| May 21st 2025 | HSBC Securities | Downgrade | Reduce | $270 |
| May 19th 2025 | TD Cowen | Downgrade | Hold | $308 |
| May 14th 2025 | Raymond James | Downgrade | Market Perform | - |
| May 14th 2025 | BofA Securities | Downgrade | Neutral | $350 |
| April 22nd 2025 | HSBC Securities | Downgrade | Hold | $490 |
| April 21st 2025 | Argus | Downgrade | Hold | - |
| January 10th 2025 | HSBC Securities | Upgrade | Buy | $595 |
| January 6th 2025 | Truist | Reiterated | Buy | $610← $625 |
| October 17th 2024 | HSBC Securities | Downgrade | Hold | - |
| October 11th 2024 | KeyBanc Capital Markets | Initiation | Overweight | $675 |
Earnings History & Surprises
UNHEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 15, 2026 | — | — | — | — |
Q1 2026 | Jan 27, 2026 | $2.09 | — | — | — |
Q4 2025 | Oct 28, 2025 | $2.80 | $2.92 | +4.3% | ✓ BEAT |
Q3 2025 | Jul 29, 2025 | $4.45 | $4.08 | -8.3% | ✗ MISS |
Q2 2025 | Apr 17, 2025 | $7.29 | $7.20 | -1.2% | ✗ MISS |
Q1 2025 | Jan 16, 2025 | $6.74 | $6.81 | +1.0% | ✓ BEAT |
Q4 2024 | Oct 15, 2024 | $7.00 | $7.15 | +2.1% | ✓ BEAT |
Q3 2024 | Jul 16, 2024 | $6.65 | $6.80 | +2.3% | ✓ BEAT |
Q2 2024 | Apr 16, 2024 | $6.61 | $6.91 | +4.5% | ✓ BEAT |
Q1 2024 | Jan 12, 2024 | $5.98 | $6.16 | +3.0% | ✓ BEAT |
Q4 2023 | Oct 13, 2023 | $6.32 | $6.56 | +3.8% | ✓ BEAT |
Q3 2023 | Jul 14, 2023 | $5.99 | $6.14 | +2.5% | ✓ BEAT |
Q2 2023 | Apr 14, 2023 | $6.13 | $6.26 | +2.1% | ✓ BEAT |
Q1 2023 | Jan 13, 2023 | $5.17 | $5.34 | +3.3% | ✓ BEAT |
Q4 2022 | Oct 14, 2022 | $5.42 | $5.79 | +6.8% | ✓ BEAT |
Q3 2022 | Jul 15, 2022 | $5.20 | $5.57 | +7.1% | ✓ BEAT |
Q2 2022 | Apr 14, 2022 | $5.38 | $5.49 | +2.0% | ✓ BEAT |
Q1 2022 | Jan 19, 2022 | $4.31 | $4.48 | +3.9% | ✓ BEAT |
Q4 2021 | Oct 14, 2021 | $4.41 | $4.52 | +2.5% | ✓ BEAT |
Q3 2021 | Jul 15, 2021 | $4.43 | $4.70 | +6.1% | ✓ BEAT |
Latest News
President Trump Says We Could Get Insurance Companies To Cut Prices To Stay In System; I Will Call Meeting Of Insurance Companies To Get Their Price Down; Meeting In Coming Weeks
📈 PositiveTrump Administration Proposes Rule Banning Medicaid And CHIP From Paying For Gender Affirming Care
➖ NeutralShares of healthcare stocks are trading higher amid the Republican healthcare bill failing to win enough votes to advance in the Senate.
📈 PositiveReuters Reported UnitedHealth Group Agreed To Sell South American Unit Banmedica To Patria Investments For $1B, With Final Agreement Signed Saturday, Announcement Expected Monday
➖ NeutralReuters: Some States Operating ACA Marketplaces Say Enrollment Is Significantly Down From Same Period Last Year, California Says ACA Enrollment Down By 33% vs Last Year
📉 NegativeShares of healthcare stocks are trading higher after Politico reported the White House will propose a two-year extension of Obamacare subsidies with new limits on eligibility.
📈 PositiveUnitedHealth is dropping a million seniors from Medicare Advantage. Here's why.
📉 NegativeCNBC Halftime Report Final Trades: UnitedHealth Group, Thermo Fisher Scientific, Monster Beverage, iShares U.S. Healthcare ETF
➖ NeutralLifeward Gets First Prior Authorization From UnitedHealthcare Medicare Advantage Plan For ReWalk 7 Personal Exoskeleton
📈 PositiveShares of health insurers are trading higher amid a possible rebound after President Trump recently proposed that healthcare funding should go directly to people. On Monday, the Senate passed its shutdown-ending bill that lacked a provision to extend Obamacare subsidies; however, the Democrats secured a commitment to vote on credits in December.
📈 PositiveUnitedHealth shares fell for seven consecutive sessions
📉 NegativeWatching Health Care Stocks; Traders Circulate Report Saying Speaker Johnson Says Won't Promise A Vote On Health-Care Subsidies
📉 NegativeInsperity Amends UnitedHealthcare Agreement, Extends Through 2028 With Added Cost Savings And Flexible Claim Caps
📈 PositiveTD Cowen Maintains Hold on UnitedHealth Group, Raises Price Target to $338
➖ NeutralBernstein Maintains Outperform on UnitedHealth Group, Raises Price Target to $440
📈 PositiveUBS Maintains Buy on UnitedHealth Group, Raises Price Target to $430
📈 PositiveRBC Capital Maintains Outperform on UnitedHealth Group, Raises Price Target to $408
📈 PositivePiper Sandler Maintains Overweight on UnitedHealth Group, Lowers Price Target to $417
➖ NeutralUnitedHealth shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY25 EPS outlook.
📈 PositiveUNH stock has given up its prior gain. UnitedHealth shares were trading higher after the company reported better-than-expected Q3 financial results and raised FY25 EPS outlook.
➖ NeutralFrequently Asked Questions about UNH
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