Oscar Health Inc (NYSE:OSCR) shares gained 11.75% on Monday and rose another 0.77% in after-hours trading.
Oscar Health shares closed at $27.39 on Monday and were trading at $27.60 in after-hours trading.
The move came after Oscar Health management highlighted favorable operating trends at the Goldman Sachs 47th Annual Global Healthcare Conference. Chief Financial Officer Scott Blackley said 2026 was off to a “very strong start,” cited favorable utilization trends through May and noted that the final 2025 Wakely report came in $130 million better than the company’s first-quarter assumptions.
The healthcare technology company provides health insurance plans, technology services and healthcare marketplace solutions through its proprietary platform.
Strong Start To 2026
Speaking at the conference, Blackley said membership trends continue to track as expected and that utilization through May remained modestly favorable to the company’s expectations.
He also said the final 2025 Wakely report was $130 million favorable to the accruals booked in the first quarter. According to Blackley, the company sees “pretty healthy tailwinds” behind its current outlook, although management is waiting for additional market data before making any changes to guidance.
Oscar continues to reaffirm the full-year 2026 guidance it issued in February, including projected revenue of $18.7 billion to $19 billion and operating earnings of $250 million to $450 million. At the time, CEO Mark Bertolini said Oscar had taken steps to return to profitability in 2026.
Separate Form 4 filings also disclosed routine restricted stock unit (RSU) awards to multiple Oscar directors, including David Plouffe and William Gassen, who each received 8,475 RSUs. The filings reflected routine board compensation grants and did not involve open-market share purchases or sales.
Trading Metrics, Technical Analysis
Oscar Health has a market capitalization of approximately $8.26 billion. The stock has traded between a 52-week high of $27.59 and a 52-week low of $10.69.
Over the past 12 months, OSCR shares have gained approximately 85.57%.
Price Action: OSCR closed Monday’s regular session at $27.39, up 11.75% on the day, and rose to $27.60 in after-hours trading.
Benzinga Edge Stock Rankings indicate OSCR has positive short-term, medium-term and long-term price trends.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Tada Images on Shutterstock.com
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