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UNH

UnitedHealth Group Incorporated

UNH

NYSE·Healthcare·Medical - Healthcare Plans·Mkt cap $362.9B

$399.66

+0.85%

P/E

25.70

Mkt Cap

$362.9B

52-Wk Range

$255.97–$461.62

52-Week Range

$255.97 - $461.62

P/E

25.70

Fwd P/E

20.23

Beta

0.63

Div Yield

2.24%

Avg Vol

6.0M

Shares Out

908.1M

Mkt Cap

$362.9B

Price action

Price chart

Up 29.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Vertically integrated model combining insurance, care delivery, data, and pharmacy for cost optimization and synergies
  • Massive scale with millions of members providing negotiating power with providers and pharmaceutical manufacturers
  • Advanced data analytics and AI capabilities through Optum Insight enabling predictive health management and operational efficiency
  • Diversified revenue streams across insurance premiums, care services, technology solutions, and pharmacy reducing business concentration risk
  • Established networks of healthcare providers and specialists creating switching costs and customer lock-in

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Stable outlook

Aging U.S. population driving demand for Medicare Advantage and senior-focused health plans

Value

Fairly valued vs Managed Care & Health Insurance peers

Momentum

Strong

+6.0% over 3m

Quality

Stable

Excellent business quality

Dividend

Solid

2.24% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 27, 2026

Q3 26 RECAP

JUL 16, 2026

Reported EPS of $6.38 vs $4.94 consensus (+29.1% surprise). Revenue of $112.0B vs $110.8B expected (+1.1%). Beat on both top and bottom lines.

EPS beat +29.1%
Rev beat +1.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+29.1%

Revenue trend · last 8Q

+7%

+10%

+13%

+12%

+12%

+2%

+0%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$100.8B

$100.8B

$109.6B

$111.6B

$113.2B

$113.2B

$111.7B

$112.0B

Margins · last 8Q

Gross

32.7%

Operating

7.1%

Profit

4.9%

Wall Street consensus

20 analysts · 85% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

17

85%

Hold

2

10%

Sell

1

5%

Median Price Target

Latest: Bernstein · Sep 2, 2026

vs Industry

How UNH stacks vs Medical - Healthcare Plans

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.