Molina Healthcare slumps on weak 2026 profit forecast, drags peers

Molina Healthcare

06/02/2026 11:24

Updates

** Shares of U.S. health insurer Molina Healthcare MOH.N fall 27.7% to $127.73 premarket

** MOH late on Thursday forecast adjusted earnings of at least $5 per share for 2026, well below analysts' estimate of $13.76 - LSEG-compiled data

** Co expects annual medical cost ratio, percentage of premiums spent on medical services, to be 92.6% vs estimate of 89.78%

** Shares of health insurers UnitedHealth UNH.N, Centene CNC.N were down 1% and 7%, respectively; Humana HUM.N down 1.4% premarket

** MOH stock fell 40% in 2025

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com))