Highlights:

  • Jefferies raises THC target to $265, implying 15.44% from previous close.
  • KeyCorp, Guggenheim, and Truist adjust targets, reflecting varied analyst perspectives.
  • Recent EPS beats consensus by $0.62 on quarterly revenue of $5.53 billion.

Tenet Healthcare (NYSE:THC) has become a focal point for market watchers after a flurry of research updates in early 2026. The company reported quarterly earnings of $4.70 per share, surpassing analyst forecasts of $4.08, while revenue climbed to $5.53 billion, up 8.9% from the prior year. These figures underscore continued operational activity across its network of acute care hospitals, specialty centers, and outpatient facilities. On February 11, 2026, the stock closed at $232.26, up 2.61% from the previous session.

Analyst Movements and Price Target Updates

Several analysts have revised Tenet Healthcare’s price targets. Jefferies Financial Group increased its target to $265, suggesting a 15.44% potential change from the last close. KeyCorp lifted its target from $225 to $250, while Guggenheim upped its forecast to $257. Truist Financial increased its target to $240, and Raymond James maintained a $245 objective. In contrast, Wells Fargo lowered its target to $229. Across all analysts, Tenet holds a consensus rating of “Moderate Buy” with an average price target of $241.

As per data from EODHD/Others, the company holds a BUY rating with a target of $245.58.

Financial Performance and Guidance

Tenet Healthcare posted notable quarterly performance, with revenue reaching $5.53 billion and EPS at $4.70, surpassing prior-year results of $3.44 EPS. Return on equity and net margins demonstrate efficient operational management, while the company’s guidance for FY 2026 sets EPS expectations between 16.19 and 18.47. Consensus analyst estimates for the year stand at 12.24 EPS. Tenet continues to operate a diverse mix of inpatient and outpatient facilities, including specialty surgical and diagnostic centers, urgent care, and integrated clinical services designed to enhance care coordination.

Tenet Healthcare is a U.S.-based healthcare services company that operates a diversified network of acute care hospitals and outpatient facilities. Its portfolio spans general and specialty hospitals, ambulatory surgery centers, urgent care clinics, diagnostic imaging centers, and other ancillary service locations. Tenet focuses on providing both inpatient and outpatient clinical care across multiple medical specialties, with particular emphasis on surgical services, emergency care, and advanced diagnostic capabilities.