Tenet Healthcare (THC) Stock Forecast, Price Target & Predictions


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THC Stock Forecast


Tenet Healthcare stock forecast is as follows: an average price target of $124.87 (represents a -23.11% downside from THC’s last price of $162.41) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

THC Price Target


The average price target for Tenet Healthcare (THC) is $124.87 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $170.00 to $47.00. This represents a potential -23.11% downside from THC's last price of $162.41.

THC Analyst Ratings


Buy

According to 11 Wall Street analysts, Tenet Healthcare's rating consensus is 'Buy'. The analyst rating breakdown for THC stock is 1 'Strong Buy' (9.09%), 10 'Buy' (90.91%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Tenet Healthcare Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 26, 2024Ann HynesMizuho Securities$170.00$151.6312.12%4.67%
Jul 25, 2024David MacDonaldTruist Financial$170.00$147.6815.11%4.67%
Jul 15, 2024David MacDonaldTruist Financial$155.00$132.1117.32%-4.56%
Jul 10, 2024Andrew MokBarclays$156.00$130.9719.11%-3.95%
Jun 28, 2024Pito ChickeringDeutsche Bank$155.00$138.3012.08%-4.56%
Jun 10, 2024Jamie PerseGoldman Sachs$156.00$136.4014.37%-3.95%
May 30, 2024Pito ChickeringDeutsche Bank$150.00$131.5514.03%-7.64%
May 29, 2024Michael HaRobert W. Baird$153.00$131.5516.31%-5.79%
May 02, 2024Andrew MokBarclays$147.00$115.9526.78%-9.49%
May 01, 2024Scott FidelStephens$122.00$112.298.65%-24.88%
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The latest Tenet Healthcare stock forecast, released on Jul 26, 2024 by Ann Hynes from Mizuho Securities, set a price target of $170.00, which represents a 12.12% increase from the stock price at the time of the forecast ($151.63), and a 4.67% increase from THC last price ($162.41).

Tenet Healthcare Price Target by Period


1M3M12M
# Anlaysts-514
Avg Price Target-$161.20$146.29
Last Closing Price$162.41$162.41$162.41
Upside/Downside-100.00%-0.75%-9.93%

In the current month, the average price target of Tenet Healthcare stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Tenet Healthcare's last price of $162.41. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 14, 2024Wells FargoBuyBuyHold
Aug 14, 2024UBSUnderperformUnderperformHold
Jul 30, 2024Wells FargoOverweightOverweightHold
Jul 25, 2024UBSBuyBuyHold
Jul 25, 2024Truist FinancialUnderperformUnderperformHold
Jul 25, 2024Raymond JamesStrong BuyStrong BuyHold
Jul 25, 2024Cantor FitzgeraldOverweightOverweightHold
Jul 25, 2024CitigroupBuyBuyHold
Jul 10, 2024BarclaysOverweightOverweightHold
Jul 02, 2024UBSBuyBuyHold
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Tenet Healthcare's last stock rating was published by Wells Fargo on Aug 14, 2024. The company gave THC a "Buy" rating, the same as its previous rate.

Tenet Healthcare Financial Forecast


Tenet Healthcare Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$5.38B-$5.08B$5.02B$4.99B$4.80B$4.64B$4.75B$4.86B$4.89B$4.95B$4.78B$4.92B$4.56B$3.65B$4.52B$4.81B$4.57B
Avg Forecast$5.86B$5.60B$5.52B$5.58B$5.57B$5.31B$5.31B$5.42B$5.32B$5.07B$4.99B$5.15B$5.27B$5.02B$4.91B$4.84B$4.91B$4.81B$4.78B$4.71B$4.99B$4.83B$4.77B$4.76B$4.86B$4.39B$3.75B$4.63B$4.76B$4.46B
High Forecast$5.86B$5.60B$5.52B$5.58B$5.57B$5.31B$5.31B$5.42B$5.32B$5.09B$5.29B$5.15B$5.41B$5.02B$4.91B$4.84B$4.91B$4.81B$4.81B$4.73B$5.02B$4.86B$4.80B$4.79B$4.89B$4.41B$3.77B$4.66B$4.79B$4.48B
Low Forecast$5.86B$5.60B$5.52B$5.58B$5.57B$5.31B$5.31B$5.42B$5.32B$5.03B$4.83B$5.15B$5.21B$5.02B$4.91B$4.84B$4.91B$4.81B$4.74B$4.67B$4.95B$4.80B$4.73B$4.73B$4.82B$4.35B$3.72B$4.59B$4.72B$4.42B
# Analysts334545223716471-----------9991313
Surprise %------------1.02%-1.03%1.04%1.02%1.00%0.97%1.01%0.97%1.01%1.04%1.00%1.01%1.04%0.97%0.98%1.01%1.03%

Tenet Healthcare's average Quarter revenue forecast for Mar 24 based on 4 analysts is $5.15B, with a low forecast of $5.15B, and a high forecast of $5.15B. THC's average Quarter revenue forecast represents a -4.30% decrease compared to the company's last Quarter revenue of $5.38B (Dec 23).

Tenet Healthcare EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223716471-----------9991313
EBITDA------------$-1.13B-$200.00M$830.00M$901.00M$847.00M$843.00M$888.00M$1.01B$862.00M$833.00M$787.00M$1.30B$551.00M$734.00M$586.00M$803.00M$627.00M
Avg Forecast$992.74M$947.99M$935.27M$945.62M$943.15M$899.24M$899.58M$917.37M$901.54M$858.12M$845.10M$702.80M$892.95M$851.03M$831.78M$638.91M$832.08M$1.09B$809.45M$505.07M$844.65M$818.81M$807.96M$372.52M$822.83M$743.28M$635.39M$835.20M$805.87M$754.70M
High Forecast$992.74M$947.99M$935.27M$945.62M$943.15M$899.24M$899.58M$917.37M$901.54M$861.52M$895.88M$843.36M$916.72M$851.03M$831.78M$766.69M$832.08M$1.31B$814.25M$606.08M$849.67M$823.67M$812.76M$447.02M$827.71M$747.70M$639.16M$1.00B$810.65M$759.18M
Low Forecast$992.74M$947.99M$935.27M$945.62M$943.15M$899.24M$899.58M$917.37M$901.54M$851.32M$818.18M$562.24M$882.76M$851.03M$831.78M$511.13M$832.08M$870.82M$803.03M$404.05M$837.96M$812.32M$801.57M$298.02M$816.31M$737.40M$630.35M$668.16M$799.48M$748.72M
Surprise %-------------1.26%-0.24%1.30%1.08%0.78%1.04%1.76%1.20%1.05%1.03%2.11%1.58%0.74%1.16%0.70%1.00%0.83%

1 analysts predict THC's average Quarter EBITDA for Sep 23 to be $851.03M, with a high of $851.03M and a low of $851.03M. This is 325.51% upper than Tenet Healthcare's previous annual EBITDA (Jun 23) of $200.00M.

Tenet Healthcare Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223716471-----------9991313
Net Income------------$791.00M-$293.00M$296.00M$274.00M$268.00M$179.00M$279.00M$420.00M$449.00M$258.00M$222.00M$414.00M$-107.00M$169.00M$160.00M$129.00M$-153.00M
Avg Forecast$314.37M$284.21M$267.91M$312.90M$316.48M$261.47M$247.74M$292.65M$280.60M$226.95M$186.73M$147.07M$157.69M$117.72M$122.90M$133.70M$120.93M$451.71M$66.01M$105.69M$149.49M$101.12M$105.78M$59.63M$93.95M$31.76M$-70.26M$167.40M$96.91M$30.97M
High Forecast$314.37M$284.21M$267.91M$312.90M$316.48M$261.47M$247.74M$292.65M$280.60M$257.14M$247.67M$176.49M$175.66M$117.72M$122.90M$160.44M$120.93M$542.05M$66.52M$126.83M$150.65M$101.90M$106.60M$71.55M$94.68M$32.01M$-69.53M$200.88M$97.66M$31.21M
Low Forecast$314.37M$284.21M$267.91M$312.90M$316.48M$261.47M$247.74M$292.65M$280.60M$217.21M$158.23M$117.66M$142.72M$117.72M$122.90M$106.96M$120.93M$361.37M$65.33M$84.56M$147.95M$100.08M$104.69M$47.70M$92.98M$31.44M$-70.80M$133.92M$95.91M$30.65M
Surprise %------------5.02%-2.38%2.21%2.27%0.59%2.71%2.64%2.81%4.44%2.44%3.72%4.41%-3.37%-2.41%0.96%1.33%-4.94%

Tenet Healthcare's average Quarter net income forecast for Mar 24 is $147.07M, with a range of $117.66M to $176.49M. THC's average Quarter net income forecast represents a -81.41% decrease compared to the company's last Quarter net income of $791.00M (Dec 23).

Tenet Healthcare SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223716471-----------9991313
SG&A------------$6.83B--$2.26B$2.31B$2.23B$2.13B$2.18B$2.19B$2.21B$2.28B$2.20B$2.23B$2.14B$1.86B$2.19B$2.23B$2.17B
Avg Forecast$2.71B$2.59B$2.55B$2.58B$2.57B$2.45B$2.45B$2.50B$2.46B$2.34B$2.31B$2.29B$2.44B$2.32B$2.27B$2.08B$2.27B$2.22B$2.21B$1.65B$2.30B$2.23B$2.20B$1.35B$2.24B$2.03B$1.73B$3.94B$2.20B$2.06B
High Forecast$2.71B$2.59B$2.55B$2.58B$2.57B$2.45B$2.45B$2.50B$2.46B$2.35B$2.44B$2.75B$2.50B$2.32B$2.27B$2.50B$2.27B$2.67B$2.22B$1.98B$2.32B$2.25B$2.22B$1.62B$2.26B$2.04B$1.74B$4.72B$2.21B$2.07B
Low Forecast$2.71B$2.59B$2.55B$2.58B$2.57B$2.45B$2.45B$2.50B$2.46B$2.32B$2.23B$1.83B$2.41B$2.32B$2.27B$1.67B$2.27B$1.78B$2.19B$1.32B$2.29B$2.22B$2.19B$1.08B$2.23B$2.01B$1.72B$3.15B$2.18B$2.04B
Surprise %------------2.80%--1.08%1.02%1.00%0.96%1.32%0.95%0.99%1.03%1.63%0.99%1.06%1.08%0.56%1.01%1.06%

Tenet Healthcare's average Quarter SG&A projection for Mar 24 is $2.29B, based on 4 Wall Street analysts, with a range of $1.83B to $2.75B. The forecast indicates a -66.44% fall compared to THC last annual SG&A of $6.83B (Dec 23).

Tenet Healthcare EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts334545223716471-----------9991313
EPS------------$0.01-$2.88$2.89$2.62$2.48$1.66$2.60$3.92$4.19$2.42$2.09$3.92$-1.02$1.61$1.53$1.24$-1.48
Avg Forecast$3.19$2.89$2.72$3.18$3.21$2.66$2.52$2.97$2.85$2.31$1.90$1.45$1.60$1.20$1.25$1.16$1.23$1.24$0.67$1.08$1.52$1.03$1.07$0.76$0.95$0.32$-0.71$0.29$0.98$0.31
High Forecast$3.19$2.89$2.72$3.18$3.21$2.66$2.52$2.97$2.85$2.61$2.52$1.45$1.78$1.20$1.25$1.16$1.23$1.24$0.68$1.08$1.53$1.04$1.08$0.76$0.96$0.33$-0.71$0.29$0.99$0.32
Low Forecast$3.19$2.89$2.72$3.18$3.21$2.66$2.52$2.97$2.85$2.21$1.61$1.45$1.45$1.20$1.25$1.16$1.23$1.24$0.66$1.06$1.50$1.02$1.06$0.75$0.94$0.32$-0.72$0.28$0.97$0.31
Surprise %------------0.00%-2.31%2.50%2.13%2.00%2.48%2.42%2.58%4.08%2.25%2.76%4.11%-3.16%-2.26%5.35%1.26%-4.70%

According to 4 Wall Street analysts, Tenet Healthcare's projected average Quarter EPS for Mar 24 is $1.45, with a low estimate of $1.45 and a high estimate of $1.45. This represents a 18524.10% increase compared to THC previous annual EPS of $0.01 (Dec 23).

Tenet Healthcare Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AMNAMN Healthcare Services$47.14$122.33159.50%Buy
SGRYSurgery Partners$31.00$47.5053.23%Buy
SEMSelect Medical$35.23$40.0013.54%Buy
INNVInnovAge$5.99$6.8013.52%Hold
ACHCAcadia Healthcare Company$78.23$84.898.51%Buy
BKDBrookdale Senior Living$6.66$7.005.11%Buy
EHCEncompass Health$93.25$93.17-0.09%Buy
ADUSAddus HomeCare$130.13$123.00-5.48%Buy
UHSUniversal Health Services$232.56$208.47-10.36%Hold
PNTGPennant Group$34.52$30.67-11.15%Buy
THCTenet Healthcare$162.41$124.87-23.11%Buy
DVADaVita$163.56$125.50-23.27%Hold
ENSGEnsign Group$152.73$114.25-25.19%Buy
HCAHCA Healthcare$394.68$291.95-26.03%Buy

THC Forecast FAQ


Yes, according to 11 Wall Street analysts, Tenet Healthcare (THC) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 10 'Buy' recommendations, accounting for 100.00% of THC's total ratings.

Tenet Healthcare (THC) average price target is $124.87 with a range of $47 to $170, implying a -23.11% from its last price of $162.41. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for THC stock, the company can go down by -23.11% (from the last price of $162.41 to the average price target of $124.87), up by 4.67% based on the highest stock price target, and down by -71.06% based on the lowest stock price target.

THC's average twelve months analyst stock price target of $124.87 does not support the claim that Tenet Healthcare can reach $200 in the near future.

Tenet Healthcare's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.6B (high $21.6B, low $21.6B), average EBITDA is $3.66B (high $3.66B, low $3.66B), average net income is $1.12B (high $1.12B, low $1.12B), average SG&A $9.98B (high $9.98B, low $9.98B), and average EPS is $11.36 (high $11.36, low $11.36). THC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $22.56B (high $22.56B, low $22.56B), average EBITDA is $3.82B (high $3.82B, low $3.82B), average net income is $1.18B (high $1.18B, low $1.18B), average SG&A $10.42B (high $10.42B, low $10.42B), and average EPS is $11.98 (high $11.98, low $11.98).

Based on Tenet Healthcare's last annual report (Dec 2023), the company's revenue was $20.55B, beating the average analysts forecast of $20.05B by 2.48%. Apple's EBITDA was $974M, missing the average prediction of $3.21B by -69.70%. The company's net income was $1.31B, beating the average estimation of $532.02M by 146.42%. Apple's SG&A was $0, missing the average forecast of $9.11B by -100.00%. Lastly, the company's EPS was $0.0129, missing the average prediction of $5.2 by -99.75%. In terms of the last quarterly report (Dec 2023), Tenet Healthcare's revenue was $5.38B, beating the average analysts' forecast of $5.27B by 2.03%. The company's EBITDA was $-1.127B, missing the average prediction of $892.95M by -226.21%. Tenet Healthcare's net income was $791M, beating the average estimation of $157.69M by 401.61%. The company's SG&A was $6.83B, beating the average forecast of $2.44B by 180.44%. Lastly, the company's EPS was $0.0078, missing the average prediction of $1.6 by -99.51%