Guggenheim has maintained its Buy rating and $312.00 price target for Humana (NYSE:HUM) before the health insurer’s impending fourth-quarter 2025 earnings report. The firm anticipates a “wild 4Q25 earnings-related ride” due to uncertainties surrounding Humana’s 2026 guidance, Medicare Advantage enrollment growth, and potential profitability outcomes. Despite acknowledging challenges like increased investments and dilution from Stars ratings, Guggenheim believes the market is overly pessimistic about Humana’s embedded earnings potential, given favorable industry dynamics.
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Guggenheim reiterates Buy rating on Humana stock ahead of 4Q25 earnings
Guggenheim has maintained its Buy rating and $312.00 price target for Humana (NYSE:HUM) before the health insurer’s impending fourth-quarter 2025 earnings report. The firm anticipates a “wild 4Q25 earnings-related ride” due to uncertainties surrounding Humana’s 2026 guidance, Medicare Advantage enrollment growth, and potential profitability outcomes. Despite acknowledging challenges like increased investments and dilution from Stars ratings, Guggenheim believes the market is overly pessimistic about Humana’s embedded earnings potential, given favorable industry dynamics.