Oscar Health/$OSCR
Oscar Health shares fall as investors question the sustainability of its Q3 profit and raised outlook, which included a $250 million favourable risk-adjustment benefit, while management flagged rising medical costs requiring 14% average premium increases for 2027.
2 hours agoLightyear AI
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Capital at risk
About Oscar Health
Oscar Health Inc is a healthcare technology company built around a full stack technology platform and a relentless focus on serving its members. It offers Individual & Family plans and health technology solutions that power the healthcare industry. Oscar operates as one segment to sell insurance to individuals, families and employees through the federal and state-run healthcare exchanges formed in conjunction with the Patient Protection and Affordable Care Act (ACA) and leverages its technology platform to provide services via its Oscar offering.
- Ticker
- $OSCR
- Sector
- Finance
- Primary listing
- NYSE
- Employees
- 2,305
- Headquarters
- New York, United States
- Website
- www.hioscar.com
Oscar Health Metrics
BasicAdvanced
$10B
12.05
$2.75
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Price and volume
Market cap
$10B
52-week high
$38.50
52-week low
$10.69
Average daily volume
5.1M
Financial strength
Current ratio
1.139
Quick ratio
1.094
Long term debt to equity
0.194
Total debt to equity
0.194
Interest coverage (TTM)
68.29%
Profitability
EBITDA (TTM)
964.463
Gross margin (TTM)
20.57%
Net profit margin (TTM)
4.90%
Operating margin (TTM)
5.36%
Effective tax rate (TTM)
5.39%
Revenue per employee (TTM)
$7,580,000
Management effectiveness
Return on assets (TTM)
7.43%
Return on equity (TTM)
52.61%
Valuation
Price to earnings (TTM)
12.052
Price to revenue (TTM)
0.59
Price to book
4.64
Price to tangible book (TTM)
4.64
Price to free cash flow (TTM)
2.489
Free cash flow yield (TTM)
40.18%
Free cash flow per share (TTM)
13.333
Growth
Revenue change (TTM)
54.77%
Earnings per share change (TTM)
-369.34%
3-year revenue growth (CAGR)
47.57%
3-year earnings per share growth (CAGR)
20.19%
What the Analysts think about Oscar Health
Analyst ratings (Buy, Hold, Sell) for Oscar Health stock.
Analyst projections of the future price of Oscar Health stock.
Bulls say / Bears say
Oscar’s turnaround is now showing in reported results: Q3 operating earnings were $178 million versus a $129 million loss a year earlier, and the company raised its 2026 operating earnings outlook to $850–950 million. Lower medical and administrative expense ratios point to improving underwriting and cost control. (Oscar Health)
Membership rose 27% year on year to 2.7 million, while Oscar is expanding its footprint and expects to enter South Carolina in 2027. If it can convert this larger reach into well-priced policies, it has room to gain share in the individual market. (Oscar Health, Fierce Healthcare)
Oscar’s Lucie marketplace and CHOICE products could diversify growth beyond taking insurance risk. Lucie can earn fees and commissions by connecting customers with multiple carriers, while CHOICE gives Oscar a route into employer-funded individual cover. (Oscar Health, Yahoo Finance)
Oscar remains highly exposed to ACA policy and eligibility changes: it says the enhanced subsidies have expired and that tougher enrolment checks could shrink the market. Management expects to end 2026 with about 2.5 million members, below its 2.69 million at September’s end, as CMS eligibility reviews drive disenrolments. (Oscar Health, The Motley Fool)
Q3 revenue included a $250 million benefit from updated risk-adjustment estimates. Because this is an estimate that can change as market and member data develop, some of the quarter’s strength may not be repeatable. (Oscar Health, Oscar Health)
Medical cost pressure remains a risk: Oscar reported elevated outpatient use and set a roughly 14% weighted-average premium increase for 2027 to reflect higher medical trends and market morbidity. If claims costs rise faster than its pricing assumptions, margins could narrow. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2026.
Oscar Health Financial Performance
Revenues and expenses
Oscar Health Earnings Performance
Company profitability
Upcoming events
No upcoming events
Oscar Health News
AllArticlesVideos
Oscar Health Announces Financial Results for Third Quarter 2026 and Raises Full Year 2026 Outlook
Business Wire1 day ago
Healthcare Stocks Bounce on Midterm Results. A Bull Market Case Is Developing.
Barrons2 days ago
Oscar Health, Inc. 2026 Third Quarter Earnings Conference Call
Business Wire4 weeks ago
Funds containing Oscar Health
AllUSDEURGBP
Fund name | Fund size | $OSCR weighting |
|---|---|---|
iShares Ageing Population$AGED | $953M | 0.61% |
iShares Ageing Population£AGES | $953M | 0.61% |
iShares Ageing Population€AGED | $903M | 0.61% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.28% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.28% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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