UnitedHealth Stock Gaps Higher on Q1 Beat-and-Raise
UnitedHealth Group Inc's stock surged 9.3% after the company reported a Q1 earnings beat and raised its full-year outlook. The stock is now back above its year-to-date breakeven level, with analysts and options traders reacting positively.
UnitedHealth Group Inc's shares jumped 9.3% to $353.66 after the company reported Q1 earnings of $7.23 per share on revenue of $11.72 billion, beating expectations. The health insurance company also raised its full-year outlook, citing a focus on trust, transparency, and a prudent approach to 2026. The stock is now trading above its year-to-date breakeven mark, having shed 16% over the last 12 months. Analysts have responded positively, with Piper Sandler hiking its price target to $430 from $399. Options traders are also swarming the equity, with over 113,000 calls exchanged so far, seven times the average intraday rate.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.