Oscar Health (OSCR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.10
- Estimate
- $0.38
- Surprise
- +189.2%
- Revenue (period 2026-06-30)
- $6.1M
- Score at report (before → after)
- 5.6 → 6.7/10
Revenue source: xbrl.
How the report landed
Oscar Health (OSCR) beat the $0.38 estimate with diluted EPS of $1.10 — a large 189.2% upside surprise. TrendMatrix's engine moved from Sell (5.6/10) to Hold at 6.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates OSCR Hold at 6.4/10.
3 of the last 4 quarters beat the estimate; this quarter's +189.2% surprise compares with a +62.9% four-quarter average. Next scheduled report: 2026-11-09.
What supports the rating
- Sector modifier (Healthcare): +0.5
- Strong earnings beat streak (3/4)
What argues against it
- Healthcare gov-payer cliff: 93% of revenue from CMS premiums (≥70% threshold). CMS rate-change exposure dominates.
- Concentration risk — Customer: CMS premiums (93.0%)
- Concentration risk — Geographic: Florida
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $31.90
- Price target
- $32.88
- Stop
- $29.98
- Upside to target
- +3.1%
The stock trades at 23.4× trailing but 17.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
OSCR at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Healthcare Plans
- Market cap
- $9.95B
- P/E (fwd)
- 17.1
- P/E (ttm)
- 23.4
- 52-week range
- $10.69–$33.55
- Off 52-week high
- 4.9%
- RSI (14)
- 47
- Volume vs avg
- 0.89×
- Score today
- 6.4/10