NASDAQ:PIPR 26 November 2025 - 9 January 2026

Oscar Health shares jumped 8–9% to about $18.20 by mid-afternoon Wednesday, November 26, 2025, with volume topping 10 million shares. The surge followed a Piper Sandler upgrade to “Overweight” and a new $25 price target, citing Oscar’s margin strategy and earnings potential even if ACA subsidies lapse. Earlier in November, major banks had maintained bearish ratings and lower targets.