Why Humana Stock’s 25% Rally Is Facing a Profit-Cut Reality Check
Humana cut its 2026 GAAP EPS forecast to at least $8.36, down from $8.89, but kept its adjusted profit outlook at $9.00. Shares last traded at $247.12, up over 25% in a month, pushing the price-to-earnings ratio to 26.4. First-quarter revenue rose to $39.65 billion, while adjusted EPS fell to $10.31. Medicare Advantage accounts for about 80% of Humana’s revenue.