Tenet Healthcare stock price today: THC jumps 16% after Q4 results, 2026 outlook
Tenet Healthcare shares surged 16% to $224.03 after reporting fourth-quarter net income of $371 million and raising its 2026 profit outlook. The company forecast 2026 adjusted EBITDA of $4.485–$4.785 billion and adjusted EPS of $16.19–$18.47. CFO Sun Park warned that expiring ACA tax credits could cut 2026 EBITDA by $250 million, mainly in hospitals. Hospital stocks broadly gained, with HCA up 5.9% and UHS up 8.6%.