THC — Tenet Healthcare Corporation

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates THC Bullish with a Setup Score of 0, net conviction 18, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBullish
Net Conviction18
Actionability0 (extended)

Key signals behind this score

About Tenet Healthcare Corporation

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$280.77
Market Cap$21.95B
Float79.5M
Shares Outstanding80.5M
P/E (Forward)13.42
P/E (TTM)10.54
Price/Sales (TTM)1.01
vs. Analyst Target+0.6% to analyst PT
Profit Margin10.27%
Operating Margin (TTM)18.16%
Revenue (TTM)$21.81B
Earnings Growth (YoY)213.40%
Dividend RateNone
Analyst Target Price$282.48 (22 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $17.64B $399M $6.23B $2.53B
2021 $19.48B $914M $7.27B $3.67B
2022 $19.17B $411M $7.05B $3.08B
2023 $20.55B $611M $7.80B $3.39B
2024 $20.66B $3.20B $8.21B $6.89B
2025 $21.31B $1.41B $17.53B $4.48B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $5.29B $342M
Dec 2025 $5.53B $371M
Mar 2026 $5.37B $702M
Jun 2026 $5.63B $826M

Ownership & Float

Insider Ownership1.1%
Institutional Ownership102.5%
Short Float4.0%
% of All Funds Holding7.63%
Number of Funds Holding671

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$226.32Near-term / short-term trend
Weekly40-Week SMA$205.73Medium-term trend
Weekly80-Week SMA$185.11Cyclical trend (business cycle)
Weekly200-Week SMA$130.79Secular trend (multi-year)
Monthly10-Month SMA$210.80Near-term monthly trend
Monthly20-Month SMA$187.64Medium-term monthly trend
Monthly40-Month SMA$147.22Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$188.00 support 1.31x 0 months ago
$144.00 support 1.05x 14 months ago

Historical Earnings Reactions (121 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.43% 0.14% 52.07% 18.08% -25.70%
1 Day 0.05% 0.60% 52.89% 21.56% -30.96%
1 Week 1.16% 1.12% 51.24% 41.70% -23.75%
2 Weeks 1.42% 0.99% 57.02% 58.98% -44.06%
1 Month 3.22% 3.40% 57.50% 57.07% -47.62%

Next earnings: October 27, 2026 (63 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.1%54.3%46
Feb2.3%58.7%46
Mar2.2%56.5%46
Apr4.7%61.7%47
May3.9%55.3%47
Jun-2.1%42.6%47
Jul4.2%55.3%47
Aug-0.8%45.7%46
Sep-0.5%50.0%46
Oct-3.7%43.5%46
Nov0.1%56.5%46
Dec4.2%56.5%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.08% 45.7% 2212
Tuesday 0.12% 47.7% 2400
Wednesday 0.13% 48.0% 2398
Thursday 0.07% 47.1% 2352
Friday 0.09% 46.6% 2336

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 102.5%

Insider Transactions — Smart Summary

Total insider ownership: 1.1%

12-Month Insider Activity Summary

Total Filings27
Net Value-$39.9M
Net Shares Change-221,693
% of Float-0.3%
C-Suite Filings8
Clusters Detected4

Key Insiders

NameTitleNet ValueFilingsActivity
Arbour Paola M EVP, Chief Information Officer -$2.7M 1 1 sell
Foo Lisa Y EVP, Chief Operating Officer -$2.6M 1 1 sell
Romo Tammy -$2.0M 1 1 sell
BIERMAN JAMES L -$1.2M 1 1 sell
KERREY J ROBERT -$1.1M 2 2 sell
Lynch Christopher S. -$934,079.28 1 1 sell
West Nadja -$532,050 1 1 sell
Blunt Roy -$243,281.54 2 2 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-10-31 – 2025-11-07 4 3 -$8.8M 1 C-suite
2026-03-03 – 2026-03-13 4 3 -$16.9M 4 C-suite
2026-05-26 – 2026-05-29 10 8 -$2.2M
2026-07-28 – 2026-08-10 6 6 -$9.5M 2 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-07-31 Foo Lisa Y EVP, Chief Operating Officer -$2.6M Transaction at $258.03, now +8.8%
2026-07-28 Arbour Paola M EVP, Chief Information Officer -$2.7M Transaction at $243.90, now +15.1%
2026-08-10 Romo Tammy -$2.0M Transaction at $263.03, now +6.7%
2026-07-28 BIERMAN JAMES L -$1.2M Transaction at $244.96, now +14.6%
2026-07-28 Lynch Christopher S. -$934,079.28 Transaction at $243.44, now +15.3%
2026-05-29 KERREY J ROBERT -$983,920.644 Transaction at $174.52, now +60.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Tenet Healthcare Corporation (THC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for THC on Trend Edge →