UnitedHealth Group Incorporated (DE) ($UNH) Stock Forecast: Up 5.1% Today

What is UnitedHealth Group Incorporated (DE)?

UnitedHealth (UNH) experienced a significant bullish movement in the market today.

Why is UnitedHealth Group Incorporated (DE) going up?

UNH stock is up 5.1% on Jul 17, 2024 16:41

• Forecasts were raised by analysts after the company delivered better-than-expected second-quarter results.
• Following the earnings report, UnitedHealth's stock price surged over 6%, making it the top gainer in the Dow.
• UnitedHealth stock was upgraded to 'Buy' by Jefferies, underscoring strong growth potential for 2025.
• Investor confidence was likely boosted by the positive earnings report and optimistic analyst outlook, driving the bullish movement in UNH stock.

UNH Price Chart

UNH News

Nasdaq Smacked By Chip Sell-Off; Dow Stock Breaks Out

Nasdaq Smacked As Regulation Fears Pound Chip Stocks. Health Care Giant Breaks Out ( Live Coverage ) Investor's Business Daily ...

https://www.investors.com/market-trend/stock-market-today/stock-market-today-nasdaq-sp500-dow-jones-asml-stock-chip-stocks/

UnitedHealth Analysts Boost Their Forecasts Following Upbeat Earnings

UnitedHealth Group (NYSE: UNH ) reported better-than-expected second-quarter earnings on Tuesday . The company reported adjusted EPS of $6.80, up from $6.14 a year ago, beating the consensus of $6.66, according to data from Benzinga Pro . UnitedHealth’s revenues increased nearly $6 billion (+6.4% Y/Y) to $98.86 billion, beating the consensus of $98.34 billion, led by expansion in people served domestically at Optum and UnitedHealthcare. UnitedHealth expects a 2024 net profit of $15.95-$16.40 per share to reflect the classification to held for sale of its remaining South America … Full story available on Benzinga.com

https://www.benzinga.com/news/earnings/24/07/39814804/unitedhealth-analysts-boost-their-forecasts-following-upbeat-earnings

Watch These UnitedHealth Stock Price Levels After Earnings-Driven Surge

Shares Gained More Than 6% on Tuesday to Lead Dow Gainers

https://www.investopedia.com/unitedhealth-stock-price-levels-to-watch-8679166

Wednesday''s analyst calls: Rivian price target increase, UnitedHealth upgrade

An electric vehicle maker and a health insurance giant were among the stocks being talked about by analysts on Wednesday.

https://www.cnbc.com/2024/07/17/analyst-calls-all-the-market-moving-wall-street-chatter-from-wednesday.html

Jefferies sees strong 2025 growth, upgrades UnitedHealth stock to ''Buy''

https://www.investing.com/news/company-news/jefferies-sees-strong-2025-growth-upgrades-unitedhealth-stock-to-buy-93CH-3522249

https://www.investing.com/news/company-news/jefferies-sees-strong-2025-growth-upgrades-unitedhealth-stock-to-buy-93CH-3522249

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UnitedHealth Group Incorporated (DE) Price History

29.04.2024 - UNH Stock was down 5.3%

• The bearish movement in UNH stock might be linked to ongoing class action lawsuits by shareholders spanning from March 14, 2022, to February 27, 2024, potentially impacting investor confidence.
• Reminders and notifications from various law firms encouraging investors to participate in the class action suit likely exerted additional downward pressure on the stock price.
• While the healthcare sector as a whole is facing difficulties, with some stocks performing below expectations, UNH's specific legal challenges appear to have worsened its bearish trajectory on this particular day.

16.03.2024 - UNH Stock was up 5.4%

• UNH exceeded revenue and earnings expectations for the first quarter, reporting adjusted EPS of $6.91 compared to $6.26 a year ago.
• Despite challenges like increased medical payouts and a costly cyberattack on its subsidiary Change Healthcare, UNH reaffirmed its full-year profit guidance, allaying investor worries.
• Investor confidence in UNH's performance and resilience amid challenges was reflected in the market's positive response to the Q1 earnings update, with shares climbing over 5%.
• UNH's optimistic earnings report and outlook supported the stock's upward movement today, underscoring investor faith in the company's ability to overcome obstacles and deliver strong financial results.

29.04.2024 - UNH Stock was down 5.6%

• Declining birth rate in the U.S. since 2007 may have impacted the American family structure and influenced the market movement.
• Class action lawsuits filed against UnitedHealth Group Incorporated could have brought about uncertainty and negative sentiment among investors.
• Shareholders being reminded to join the class action lawsuit might have worsened the bearish movement.
• The stock showed a decline of -0.88% while the overall market improved, suggesting specific company-related issues influencing UNH's performance.

16.06.2024 - UNH Stock was up 5.2%

• Despite encountering a cyberattack and escalating medical expenses, UnitedHealth Group managed to outperform predictions with $98.9 billion in revenue and $6.80 EPS for the second quarter.
• The favorable earnings outcome and stable forecast for UnitedHealth Group fueled a bullish movement in its stock price, positioning it as an appealing choice for investors due to its resilience in overcoming obstacles.

16.06.2024 - UNH Stock was up 5.1%

• UNH stock climbed over 5% on strong Q2 earnings.
• The company's revenue growth and earnings beat analyst expectations, leading to increased investor confidence.
• The positive outlook and steady performance in the face of Q2 challenges further fueled the bullish momentum.
• UnitedHealth Group's robust financial results showcased its resilience and growth potential in the health insurance sector.

16.06.2024 - UNH Stock was up 5.2%

• UNH stock rose over 4% after the company reported quarterly profits that surpassed analysts' expectations.
• Despite dealing with the effects of a recent cyberattack expected to last until 2024, UnitedHealth's robust financial performance and beating of earnings forecasts increased investor trust.
• Market sentiment towards UNH stock appears to be influenced by the anticipation of potential political changes in the upcoming elections, with a possible Republican-dominated government having implications for the healthcare sector.

16.06.2024 - UNH Stock was up 5.3%

• UNH stock experienced a bullish movement today following the release of its Q2 2024 earnings.
• Despite facing increased costs due to cyberattacks, UnitedHealth Group still managed to surpass profit expectations, which boosted investor confidence.
• The company's ability to outperform Wall Street targets and raise profit estimates despite challenges showcased its resilience and strong financial performance.
• Investors reacted positively to the news of higher revenues and earnings per share, driving the bullish momentum in UNH stock.

16.06.2024 - UNH Stock was up 5.5%

• The stock was upgraded to a buy rating, indicating positive sentiment and potential growth prospects.
• The resilience of the technology sector, with notable performances from companies like Apple and Nvidia, may have boosted investor confidence in UNH.
• The influence of pharmacy benefit managers (PBMs) on drug prices, particularly UnitedHealth Group's Optum, could have also contributed to the bullish movement as investors anticipate potential growth in the healthcare industry.
• Overall market sentiment, may have created a positive environment for UNH's bullish movement.

16.06.2024 - UNH Stock was up 5.3%

• UNH stock showed a bullish trend after exceeding revenue estimates and EPS expectations in Q2 2024.
• Investors reacted positively to the company's impressive financial performance, leading to the market's upward movement.
• UnitedHealth Group's robust earnings not only boosted its stock but also lifted major indexes like Nasdaq 100, Dow Jones, and S&P 500.
• Despite external factors like the cyberattack on Change Healthcare, a unit of UnitedHealth, UNH stock remained resilient, focusing on its strong financial results to maintain investor confidence.

16.06.2024 - UNH Stock was up 5.7%

• UNH demonstrated significant bullish movement today, with its stock price seeing a notable increase.
• The favorable market sentiment surrounding UNH can be linked to its surpassing of Wall Street's second-quarter outlooks and reaffirmation of its full-year profit guidance.
• Despite obstacles such as the slow recovery from a cyberattack on Change Healthcare, investors were pleased with the company's strong financial results and resilience.
• The overall bullish market uptrend, driven by firms like UnitedHealth, Boeing, and Caterpillar, contributed to the positive momentum in the stock market today.

17.06.2024 - UNH Stock was up 5.1%

• Forecasts were raised by analysts after the company delivered better-than-expected second-quarter results.
• Following the earnings report, UnitedHealth's stock price surged over 6%, making it the top gainer in the Dow.
• UnitedHealth stock was upgraded to 'Buy' by Jefferies, underscoring strong growth potential for 2025.
• Investor confidence was likely boosted by the positive earnings report and optimistic analyst outlook, driving the bullish movement in UNH stock.

17.06.2024 - UNH Stock was up 6.1%

• UNH shares rose over 6% after a robust revenue growth report for Q2 2024, despite challenges from a recent cyber-attack.
• Analysts at Jefferies upgraded UNH to a 'Buy' rating, foreseeing strong growth potential by 2025.
• The optimistic analyst outlook and positive earnings performance likely drove the bullish trend in UNH stock.
• Investor interest is high post-earnings surge, reflecting growing confidence in the company's performance and future outlook.