Mizuho raises Tenet Healthcare stock price target on strong results
Mizuho increased its price target for Tenet Healthcare (NYSE:THC) to $305 from $290, citing strong quarterly results and raised 2026 EBITDA estimates. The stock trades near its 52-week high after a 49% six-month surge. Tenet reported Q3 2026 EPS of $6.64, beating estimates, and raised its full-year EBITDA outlook. Guggenheim maintained a Buy rating with a slightly lowered target of $306.
How this was made
The 30-second read
Why it matters
The earnings surprise and analyst target increase provide a fresh catalyst for the stock.
Market read
Analyst upgrade and earnings beat create a short-term bullish bias for THC.
What to watch
Potential regulatory risk from ACA changes and Medicaid work requirements could pressure margins later.
Background
Tenet Healthcare reported Q3 2026 adjusted EPS of $6.64 versus $4.67 estimate and raised full-year EBITDA outlook.
Ticker impact
Mizuho raised Tenet Healthcare's price target to $305 and highlighted its earnings beat, providing fresh analyst guidance.
likely upward pressure as investors price in the higher target and earnings beat
The new target is above current price and follows a strong earnings surprise, which typically drives buying.
Market effects
Positive earnings and target raise may lift other healthcare providers and hospital operators.
U.S. healthcare sector could see modest gains in early trading.
Limited to U.S. markets; no direct global impact.
Counterpoint
The target raise may already be priced in; any miss on future guidance could reverse the rally.
Key entities
- companyTenet Healthcare
U.S. hospital operator (NYSE:THC).
- analystMizuho
Equity research firm raising price target.



