Overview
Healthcare solutions provider's Q4 revenue slightly missed analyst expectations
Company forecasts 30% revenue growth for 2026
Outlook
Company expects 2026 revenue between $2.4 bln and $2.6 bln
Evolent projects 2026 adjusted EBITDA between $110 mln and $140 mln
Company plans $25 mln to $35 mln investment in software development for 2026
Result Drivers
PERFORMANCE SUITE REVENUE - Evolent added $900 mln in new Performance Suite revenue for 2026, impacting adjusted EBITDA in the first half
Company press release: ID:nPnb4rTgJa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Slight Miss* | $468.72 mln | $468.81 mln (15 Analysts) |
Q4 Net Income | -$429.13 mln | ||
Q4 Adjusted EBITDA | $37.79 mln | ||
Q4 Adjusted EBITDA Margin | 8.10% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for Evolent Health Inc is $8.50, about 206.9% above its February 23 closing price of $2.77
The stock recently traded at 43 times the next 12-month earnings vs. a P/E of 27 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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