Analyst Consensus ?
ConsensusHold39 ratings
Bullish1743.6%
Neutral1641.0%
Bearish615.4%
Molina Healthcare, Inc. · MOH · FY2025 Q1 · Calendar Q2 2025
Molina reaffirms guidance as Medicaid rates support outlook
The supplied analysis supports a constructive but qualified view: contract wins, Medicaid rate updates, and embedded-earnings growth improve Molina's trajectory, while Marketplace normalization, the Virginia contract loss, and medical-cost assumptions remain material tests.
Reported After market closeNYSEHealthcare
$10.28B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $5.86
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $10.86B
Revenue surprise
—
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-5.5%
Event window
SPY move
+2.1%
Same window
Abnormal move
-7.6%
Stock minus SPY
Volume
1.7×
Versus trailing sessions
Subsequent drift
-1.3%
Up to 20 sessions
MOHSPY benchmark
Ask FN2 about MOH FY2025 Q1
Transcript, numbers and history already loaded
What drove MOH's -5.5% move after FY2025 Q1 earnings?What changed in MOH's guidance and outlook in FY2025 Q1?Give me the bull and bear case for MOH after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Management reaffirmed full-year guidance, cited slightly better Medicaid rates, and highlighted Nevada and Illinois contract wins. Marketplace MCR guidance increased to 80%, while non-recurring items affected the quarter's reported performance.
Guidance delta
Management maintained full-year 2025 premium-revenue guidance of $42 billion and minimum EPS guidance of $24.50.
Key takeaways
- Management described Q1 performance as strong, with adjusted EPS of $6.08 and premium revenue of $10.6 billion.
- Full-year guidance was reaffirmed while Medicaid rate updates were slightly better than previously expected.
- Nevada and Illinois contract wins add approximately $800 million of annual premium revenue, according to the supplied analysis.
- Marketplace MCR guidance was lifted to 80%, though non-recurring items affected the quarter's result.
Management priorities
- Pursue additional RFP wins and opportunistic M&A.
- Expand integrated dual-eligible D-SNP products across the Medicaid footprint.
- Improve G&A efficiency toward the mid-6% range on a mixed-equivalent basis.
- Invest in IT and operational initiatives supporting embedded earnings growth.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$196.93Current
$109Low
$211.58Average
$400High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 11, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Jul 28, 2026 |
| Truist Securities | Hold | Hold | Maintain | Jul 24, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Jul 24, 2026 |
| Barclays | Underweight | Underweight | Maintain | Jul 24, 2026 |
| TD Cowen | Hold | Hold | Maintain | Jul 14, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jun 8, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Jun 4, 2026 |
| UBS | Neutral | Neutral | Maintain | May 22, 2026 |
| Cantor Fitzgerald | Neutral | Neutral | Maintain | May 11, 2026 |
| Baird | Neutral | Neutral | Maintain | May 11, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Mar 12, 2026 |
| Goldman Sachs | Neutral | Neutral | Maintain | Feb 12, 2026 |
| Bernstein | Outperform | Outperform | Maintain | Sep 5, 2025 |
| Stephens & Co. | Equal Weight | Equal Weight | Maintain | Feb 6, 2025 |
| Deutsche Bank | Hold | Hold | Maintain | Jul 29, 2024 |
| Jefferies | Hold | Hold | Maintain | Jul 24, 2024 |
| B of A Securities | Underperform | Neutral | Downgrade | Apr 1, 2024 |
| Credit Suisse | Outperform | Outperform | Maintain | Apr 28, 2023 |
| Loop Capital | Hold | Hold | Maintain | Jun 17, 2022 |
| BMO Capital | Outperform | Outperform | Maintain | Feb 14, 2022 |
| SVB Leerink | Outperform | Outperform | Maintain | Oct 30, 2020 |
| Cowen & Co. | Outperform | Market Perform | Upgrade | Jun 16, 2020 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 4, 2020 |
| Piper Sandler | Overweight | Overweight | Maintain | May 4, 2020 |
| CFRA | Buy | Hold | Upgrade | May 4, 2020 |
| Bank of America | Underperform | Underperform | Maintain | Aug 1, 2018 |
| Mitsubishi UFJ | Neutral | Neutral | Maintain | Sep 21, 2017 |
| Stifel Nicolaus | Sell | Hold | Downgrade | May 31, 2017 |
| Stifel | Sell | Hold | Downgrade | May 31, 2017 |
| Wolfe Research | Perform | Market Perform | Maintain | May 8, 2017 |
| PiperJaffray | Overweight | Overweight | Maintain | Jan 4, 2017 |
| Leerink Swann | Outperform | Outperform | Maintain | May 2, 2016 |
| Susquehanna | Positive | Positive | Maintain | Sep 18, 2015 |
| Sterne Agee | Buy | Buy | Maintain | Jun 27, 2014 |
| Monness, Crespi, Hardt | Buy | Buy | Maintain | May 2, 2014 |
| Monness Crespi Hardt | Buy | Buy | Maintain | May 2, 2014 |
| Wedbush | Outperform | Outperform | Maintain | Mar 14, 2013 |
| Citigroup | Buy | Buy | Maintain | Apr 9, 2012 |
| Bank oferica | Underperform | Underperform | Maintain | Feb 24, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $196.93. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Analyst unavailable | $220 | $199.48 | +11.7% | Jul 28, 2026 |
| RBC Capital | Ben Hendrix | $218 | $195.8 | +10.7% | Jul 24, 2026 |
| Barclays | Analyst unavailable | $180 | $200.29 | -8.6% | Jul 24, 2026 |
| Truist Financial | Analyst unavailable | $250 | $242.88 | +26.9% | Jul 14, 2026 |
| Jefferies | Analyst unavailable | $230 | $242.88 | +16.8% | Jul 14, 2026 |
| Wells Fargo | Analyst unavailable | $235 | $233.31 | +19.3% | Jul 13, 2026 |
| Bernstein | Analyst unavailable | $286 | $233.31 | +45.2% | Jul 13, 2026 |
| RBC Capital | Ben Hendrix | $248 | $233.43 | +25.9% | Jul 9, 2026 |
| Barclays | Andrew Mok | $184 | $232.9 | -6.6% | Jul 8, 2026 |
| RBC Capital | Analyst unavailable | $216 | $197.42 | +9.7% | Jun 23, 2026 |
| Mizuho Securities | Analyst unavailable | $215 | $190.86 | +9.2% | Jun 8, 2026 |
| Morgan Stanley | Analyst unavailable | $167 | $184.82 | -15.2% | Jun 4, 2026 |
| Barclays | Andrew Mok | $199 | $175.59 | +1.1% | May 26, 2026 |
| UBS | Analyst unavailable | $202 | $181.26 | +2.6% | May 22, 2026 |
| Truist Financial | Analyst unavailable | $205 | $186.49 | +4.1% | May 11, 2026 |
| Robert W. Baird | Michael Ha | $163 | $185.94 | -17.2% | May 11, 2026 |
| Truist Financial | Analyst unavailable | $180 | $176.89 | -8.6% | Apr 27, 2026 |
| Wells Fargo | Stephen Baxter | $159 | $175.94 | -19.3% | Apr 27, 2026 |
| Deutsche Bank | George Hill | $129 | $168.3 | -34.5% | Apr 24, 2026 |
| UBS | Analyst unavailable | $180 | $168.09 | -8.6% | Apr 24, 2026 |
| Morgan Stanley | Analyst unavailable | $146 | $169.9 | -25.9% | Apr 24, 2026 |
| Barclays | Analyst unavailable | $161 | $174.51 | -18.2% | Apr 24, 2026 |
| UBS | Analyst unavailable | $173 | $148.78 | -12.2% | Mar 13, 2026 |
| Wells Fargo | Stephen Baxter | $141 | $148.24 | -28.4% | Feb 20, 2026 |
| Truist Financial | Analyst unavailable | $145 | $134.1 | -26.4% | Feb 17, 2026 |
| Goldman Sachs | Analyst unavailable | $124 | $122.65 | -37.0% | Feb 11, 2026 |
| Deutsche Bank | Analyst unavailable | $109 | $128.47 | -44.7% | Feb 10, 2026 |
| Barclays | Andrew Mok | $133 | $127.53 | -32.5% | Feb 10, 2026 |
| UBS | Analyst unavailable | $145 | $126.71 | -26.4% | Feb 9, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $144 | $128.79 | -26.9% | Feb 9, 2026 |
| Mizuho Securities | Ann Hynes | $220 | $183.5 | +11.7% | Jan 9, 2026 |
| Wells Fargo | Stephen Baxter | $208 | $184.73 | +5.6% | Jan 7, 2026 |
| Bernstein | Analyst unavailable | $224 | $184.04 | +13.7% | Jan 6, 2026 |
| Barclays | Analyst unavailable | $164 | $178.46 | -16.7% | Jan 5, 2026 |
| Jefferies | Analyst unavailable | $160 | $163.42 | -18.8% | Dec 16, 2025 |
| Truist Financial | Analyst unavailable | $175 | $164.13 | -11.1% | Oct 24, 2025 |
| Morgan Stanley | Erin Wright | $158 | $161 | -19.8% | Oct 24, 2025 |
| UBS | Analyst unavailable | $170 | $161 | -13.7% | Oct 24, 2025 |
| Cantor Fitzgerald | Analyst unavailable | $180 | $161 | -8.6% | Oct 24, 2025 |
| Goldman Sachs | Scott Fidel | $167 | $161 | -15.2% | Oct 24, 2025 |
| Deutsche Bank | Analyst unavailable | $165 | $163.73 | -16.2% | Oct 24, 2025 |
| Truist Financial | Analyst unavailable | $210 | $194.37 | +6.6% | Oct 14, 2025 |
| Morgan Stanley | Analyst unavailable | $204 | $193.76 | +3.6% | Oct 14, 2025 |
| Goldman Sachs | Scott Fidel | $207 | $194.27 | +5.1% | Oct 14, 2025 |
| Wells Fargo | Analyst unavailable | $231 | $200.57 | +17.3% | Oct 7, 2025 |
| Mizuho Securities | Ann Hynes | $330 | $221.55 | +67.6% | Jul 11, 2025 |
| Morgan Stanley | Erin Wright | $266 | $228.58 | +35.1% | Jul 10, 2025 |
| Morgan Stanley | Erin Wright | $364 | $297 | +84.8% | Jun 9, 2025 |
| Robert W. Baird | Michael Ha | $375 | $335.5 | +90.4% | Apr 15, 2025 |
| Wells Fargo | Analyst unavailable | $372 | $311.89 | +88.9% | Mar 5, 2025 |
| Mizuho Securities | Analyst unavailable | $376 | $302.84 | +90.9% | Mar 3, 2025 |
| Robert W. Baird | Michael Ha | $331 | $275 | +68.1% | Oct 24, 2024 |
| Wells Fargo | Stephen Baxter | $360 | $346.97 | +82.8% | Aug 5, 2024 |
| Jefferies | David Windley | $297 | $286.9 | +50.8% | Jul 24, 2024 |
| Truist Financial | David MacDonald | $400 | $292.84 | +103.1% | Jul 15, 2024 |
| Robert W. Baird | Michael Ha | $405 | $315 | +105.7% | May 29, 2024 |
| Barclays | Andrew Mok | $430 | $367.41 | +118.4% | Apr 25, 2024 |
| Wells Fargo | Stephen Baxter | $410 | $376.57 | +108.2% | Apr 15, 2024 |
| Wells Fargo | Stephen Baxter | $420 | $398.14 | +113.3% | Feb 15, 2024 |
| Barclays | Analyst unavailable | $375 | $318.92 | +90.4% | Jan 4, 2023 |
| Wells Fargo | Analyst unavailable | $340 | $318.92 | +72.7% | Jan 3, 2023 |
| Wells Fargo | Analyst unavailable | $345 | $327.5 | +75.2% | Aug 26, 2022 |
| Mizuho Securities | Analyst unavailable | $366 | $318.19 | +85.9% | Jul 29, 2022 |
| Barclays | Analyst unavailable | $380 | $319.47 | +93.0% | Jul 29, 2022 |
| Wells Fargo | Analyst unavailable | $301 | $312.59 | +52.8% | May 25, 2022 |
| Deutsche Bank | Analyst unavailable | $311 | $306.08 | +57.9% | May 2, 2022 |
| Stephens | Scott Fidel | $300 | $295.72 | +52.3% | Oct 29, 2021 |
| Barclays | Steven Valiquette | $340 | $295.72 | +72.7% | Oct 29, 2021 |
| Jefferies | David Windley | $253 | $244.16 | +28.5% | Apr 14, 2021 |
Track every rating change on MOH the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationMolina Healthcare, Inc. offers comprehensive managed health care services, primarily targeting economically disadvantaged families and individuals. The company provides coverage through key government initiatives such as Medicaid and Medicare programs, in addition to state health insurance marketplaces. Its operations are strategically segmented into four main divisions: Medicaid, Medicare, Marketplace, and a general "Other" category. By the close of 2021, specifically December 31st, Molina Healthcare's network extended to approximately 5.2 million members across 18 states, all of whom qualified for Medicaid, Medicare, or other government-sponsored healthcare plans. Established in 1980, the company maintains its corporate headquarters in Long Beach, California.
Historical context
All MOH earningsHealthcare peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| COO The Cooper Companies, Inc. | FY2026 Q3 · Calendar Q3 2026 | +2.7% | -14.7% | CooperCompanies beats expectations as inventory reduction weighs on vision revenue |
| MDT Medtronic plc | FY2027 Q1 · Calendar Q3 2026 | +4.3% | +1.5% | Medtronic raises FY27 outlook as growth broadens across platforms |
Latest beats and misses
Who reports nextBeat on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-09T00:03:27.736600+00:00
- Polygon adjusted daily market bars · 2026-10-11T20:00:43.699092+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-11T20:00:43.696266+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-11. For educational purposes only; not investment advice.