UNH Stock Analysis: UnitedHealth | NYSE

Healthcare Plans | NYSE, USA | Market Cap: 384.654m USD | 12M Return: 52% | Charts, Fundamentals & Technical Analysis

Health Insurance, Pharmacy Care, Medical Care, Health Analytics
Total Rating 66
Safety 71
Buy Signal 0.66
Healthcare Plans
Industry Rotation: -19.6
Market Cap: 385B
Avg Turnover: 2.38B
Risk 3d forecast
Volatility34.2%
VaR 5th Pctl5.07%
VaR vs Median-7.41%
Reward TTM
Sharpe Ratio1.17
Rel. Str. IBD83.9
Rel. Str. Peer Group60.8
Character TTM
Beta-0.056
Beta Downside0.070
Hurst Exponent0.535
Drawdowns 3y
Max DD61.39%
CAGR/Max DD-0.07
CAGR/Mean DD-0.19
EPS (Earnings per Share) EPS (Earnings per Share) of UNH over the last years for every Quarter: "2021-06": 4.7, "2021-09": 4.52, "2021-12": 4.48, "2022-03": 5.49, "2022-06": 5.57, "2022-09": 5.79, "2022-12": 5.34, "2023-03": 6.26, "2023-06": 6.14, "2023-09": 6.56, "2023-12": 6.16, "2024-03": 6.91, "2024-06": 6.8, "2024-09": 7.15, "2024-12": 6.81, "2025-03": 7.2, "2025-06": 4.08, "2025-09": 2.92, "2025-12": 2.11, "2026-03": 7.23, "2026-06": 6.38,
EPS CAGR: -14.66%
EPS Trend: -71.7%
Last SUE: 4.00
Qual. Beats: 2
Revenue Revenue of UNH over the last years for every Quarter: 2021-06: 71321, 2021-09: 72337, 2021-12: 73743, 2022-03: 80149, 2022-06: 80332, 2022-09: 80894, 2022-12: 82787, 2023-03: 91931, 2023-06: 92903, 2023-09: 92361, 2023-12: 94427, 2024-03: 99796, 2024-06: 98855, 2024-09: 100820, 2024-12: 100807, 2025-03: 109575, 2025-06: 111616, 2025-09: 113161, 2025-12: 113215, 2026-03: 111721, 2026-06: 112032,
Rev. CAGR: 9.02%
Rev. Trend: 99.3%
Last SUE: 0.93
Qual. Beats: 2

Warnings

Below Avwap Earnings

Tailwinds

Confidence
Garp

Seasonality 10.5 years of data

Jan -3.6% 29
Feb -2.9% 39
Mar +0.5% 16
Apr +4.6% 13
May +0.3% 13
Jun +0.9% 20
Jul +1.8% 34
Aug +0.0% 5
Sep -2.7% 38
Oct +4.5% 9
Nov +5.8% 23
Dec -2.1% 9

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: UNH UnitedHealth

UnitedHealth Group is a diversified U.S. health care company organized into two main platforms: UnitedHealthcare, its insurance arm offering employer-sponsored, individual, Medicare, and Medicaid plans, and Optum, which provides health services, pharmacy benefits management, and technology/consulting to providers, payers, and other organizations. The business model combines risk-bearing insurance products with care delivery and pharmacy operations, creating vertical integration across the health care value chain.

The company serves a broad customer base spanning national and mid-sized employers, small businesses, public-sector programs (including Medicaid, CHIP, and Dual SNPs), and individual consumers. Founded in 1974 and headquartered in Eden Prairie, Minnesota, UNH operates in the Managed Health Care sub-industry and is listed on the NYSE.

Headlines to Watch Out For
  • Optum Health and Optum Rx drive earnings growth and margin expansion
  • Medicare Advantage star ratings and reimbursement rate updates impact UnitedHealthcare margins
  • Change Healthcare cyberattack fallout pressures earnings and drives elevated remediation costs
Piotroski VR-10 (Strict) 5.5
Net Income: 14.1b TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA -0.56 > 1.0
NWC/Revenue: 2.28% < 20% (prev -4.04%; Δ 6.32% < -1%)
CFO/TA 0.09 > 3% & CFO 27.0b > Net Income 14.1b
Net Debt (41.9b) to EBITDA (25.8b): 1.62 < 3
Current Ratio: 1.24 > 1.5 & < 3
Outstanding Shares: last quarter (906.0m) vs 12m ago -0.44% < -2%
Gross Margin: 22.49% > 18% (prev 20.84%; Δ 1.64% > 0.5%)
Asset Turnover: 145.6% > 50% (prev 137.0%; Δ 8.58% > 0%)
Interest Coverage Ratio: 5.52 > 6 (EBIT TTM 21.5b / Interest Expense TTM 3.89b)
Altman Z'' 2.23
A: 0.03 (Total Current Assets 53.0b - Total Current Liabilities 42.8b) / Total Assets 310b
B: 0.31 (Retained Earnings 95.6b / Total Assets 310b)
C: 0.07 (EBIT TTM 21.5b / Avg Total Assets 309b)
D: 0.51 (Book Value of Equity 105b / Total Liabilities 204b)
Altman-Z'' = 2.23 = BBB
Beneish M -3.44
DSRI: 0.38 (Receivables 21.6b/52.7b, Revenue 450b/423b)
GMI: 0.93 (GM 20.84% / 22.49%)
AQI: 1.20 (AQ_t 0.79 / AQ_t-1 0.66)
SGI: 1.06 (Revenue 450b / 423b)
TATA: -0.04 (NI 14.1b - CFO 27.0b) / TA 310b)
Beneish M = -3.44 (Cap -4..+1) = AA
What is the price of UNH shares?

As of July 28, 2026, the stock is trading at USD 417.64 with a total of 3,103,869 shares traded. Over the past week, the price has changed by -0.93%, over one month by -0.52%, over three months by +18.42% and over the past year by +52.00%.

Current recommended Stop Loss: 403.60 (which is 3.4% or 1.2 ATR below the current price).

Is UNH a buy, sell or hold?

UnitedHealth has received a consensus analysts rating of 4.15. Therefore, it is recommended to buy UNH.

  • StrongBuy: 14
  • Buy: 6
  • Hold: 5
  • Sell: 1
  • StrongSell: 1

What are the forecasts/targets for the UNH price?
Analysts Target Price 475.2 13.8%
UnitedHealth (UNH) - Fundamental Data Overview as of 25 July 2026
Market Cap USD = 385b (385b USD * 1.0 USD.USD)
P/E Trailing = 32.4567
P/E Forward = 22.6757
P/S = 0.8545
P/B = 4.0017
P/EG = 1.3813
Revenue TTM = 450b USD
EBIT TTM = 21.5b USD
EBITDA TTM = 25.8b USD
Long Term Debt = 72.3b USD (from longTermDebt, last fiscal year)
Short Term Debt = 3.83b USD (from shortTermDebt, last quarter)
Debt = 73.3b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 41.9b USD (calculated: Debt 73.3b - CCE 31.5b)
Enterprise Value = 427b USD (385b + Debt 73.3b - CCE 31.5b)
Interest Coverage Ratio = 5.52 (Ebit TTM 21.5b / Interest Expense TTM 3.89b)
EV/FCF = 18.06x (Enterprise Value 427b / FCF TTM 23.6b)
FCF Yield = 5.54% (FCF TTM 23.6b / Enterprise Value 427b)
FCF Margin = 5.25% (FCF TTM 23.6b / Revenue TTM 450b)
Net Margin = 3.14% (Net Income TTM 14.1b / Revenue TTM 450b)
Gross Margin = 22.49% ((Revenue TTM 450b - Cost of Revenue TTM 349b) / Revenue TTM)
Gross Margin QoQ = 32.74% (prev 22.74%)
Tobins Q-Ratio = 1.38 (Enterprise Value 427b / Total Assets 310b)
Interest Expense / Debt = 5.31% (Interest Expense 3.89b / Debt 73.3b)
Taxrate = 14.50% (2.53b / 17.4b)
NOPAT = 18.4b (EBIT 21.5b * (1 - 14.50%))
Current Ratio = 1.24 (Total Current Assets 53.0b / Total Current Liabilities 42.8b)
Debt / Equity = 0.70 (Debt 73.3b / totalStockholderEquity, last quarter 105b)
Debt / EBITDA = 1.62 (Net Debt 41.9b / EBITDA 25.8b)
Debt / FCF = 1.77 (Net Debt 41.9b / FCF TTM 23.6b)
Total Stockholder Equity = 98.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.57% (Net Income 14.1b / Total Assets 310b)
RoE = 14.40% (Net Income TTM 14.1b / Total Stockholder Equity 98.1b)
RoCE = 12.60% (EBIT 21.5b / Capital Employed (Equity 98.1b + L.T.Debt 72.3b))
RoIC = 7.40% (NOPAT 18.4b / Invested Capital 248b)
WACC = 5.58% (E(385b)/V(458b) * Re(5.78%) + D(73.3b)/V(458b) * Rd(5.31%) * (1-Tc(0.14)))
Discount Rate = 5.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.51 | Cagr: -0.78%
[DCF] Terminal Value 74.51% ; FCFF base≈24.3b ; Y1≈23.0b ; Y5≈21.8b
[DCF] Fair Price = 332.0 (EV 343b - Net Debt 41.9b = Equity 302b / Shares 908.1m; r=8.35% [WACC [floored]]; 5y FCF grow -6.55% → 2.50% )
EPS Correlation: -71.65 | EPS CAGR: -14.66% | SUE: 4.0 | # QB: 2
Revenue Correlation: 99.25 | Revenue CAGR: 9.02% | SUE: 0.93 | # QB: 2
EPS current Quarter (2026-09-30): EPS=4.08 | Chg30d=+9.40% | Revisions=-12% | Analysts=23
EPS current Year (2026-12-31): EPS=19.81 | Chg30d=+7.74% | Revisions=+12% | GrowthEPS=+21.2% | GrowthRev=-0.2%
EPS next Year (2027-12-31): EPS=22.44 | Chg30d=+7.19% | Revisions=+73% | GrowthEPS=+13.2% | GrowthRev=+2.9%
[Analyst] Revisions Ratio: +38% (up=13, down=5)