HCA Healthcare Analysts Raise Their Forecasts Following Better-Than-Expected Q3 Results

Benzinga Earnings10-28 21:24

HCA Healthcare Inc. (NYSE:HCA) on Tuesday posted upbeat third-quarter results.

The company posted quarterly revenues of $19.849 billion, representing a 3.6% year-over-year increase, beating the consensus estimate of $19.332 billion. The company reported adjusted earnings of $7.22, up from $6.96 a year ago, surpassing the Wall Street estimates of $6.66.

"Despite the challenges brought about by federal policy changes this year, our colleagues have continued to provide high-quality care to patients, and we believe HCA Healthcare is positioned to end the year positively,” said Sam Hazen, CEO of HCA Healthcare.

HCA Healthcare raised fiscal 2026 earnings guidance from $28.70-$30.50 per share to $29.60-$30.50 per share compared to the consensus of $29.46. The company raised its fiscal 2026 sales guidance from $77 billion-$79.50 billion to $78.250 billion-$79.50 billion compared to the consensus of $78.517 billion.

HCA Healthcare shares closed at $449.96 on Tuesday.

These analysts made changes to their price targets on HCA Healthcare following earnings announcement.

  • B of A Securities analyst Joanna Gajuk maintained the stock with a Neutral and raised the price target from $450 to $500.
  • Baird analyst Michael Ha maintained the stock with a Neutral and raised the price target from $393 to $409.
  • Keybanc analyst Matthew Gillmor maintained the stock with an Overweight rating and boosted the price target from $435 to $490.

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