Molina Healthcare shares plunge 33% after issuing disappointing 2026 earnings outlook

Feb 6, 2026, 4:18:38 PM UTC(6 hours ago)

Impact: High

Affected Assets

Molina Healthcare (MOH) stock plummeted approximately 33% in after-hours trading following the release of its Q4 earnings and the dismal 2026 guidance.
The company projected adjusted earnings of at least $5.00 per share for the full year 2026, significantly missing the consensus analyst estimate of $13.71.
The disappointing outlook was attributed to a surprise Q4 loss and ongoing medical cost pressures within its Medicare and Marketplace businesses.
CEO Joseph Zubretsky stated that the imbalance between rates and trend marks 2026 as a "trough year" for Medicaid industry margins.
The negative news also dragged down the shares of other managed care peers, including UnitedHealth Group (UNH) and Centene (CNC).

$MOH cratered after its earnings issued a 2026 outlook of $5 per share, way below analysts’ estimates of $13.22 per share. https://t.co/LDyfUQyCaF