Ardent Health, Inc. (NYSE:ARDT) Stock Has Consensus Target Price of $12.79

Ardent Health, Inc. (NYSE:ARDT) has received a consensus recommendation of “Hold” from the fifteen research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $12.79.

A number of equities research analysts recently commented on the company. Royal Bank Of Canada upped their target price on Ardent Health from $12.00 to $13.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Weiss Ratings upgraded shares of Ardent Health from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, October 6th. BMO Capital Markets assumed coverage on shares of Ardent Health in a research report on Tuesday, September 22nd. They set a “market perform” rating and a $11.00 price target for the company. Leerink Partners restated an “outperform” rating and set a $14.00 price objective on shares of Ardent Health in a research note on Friday, September 18th. Finally, Zacks Research upgraded shares of Ardent Health from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP purchased a new stake in Ardent Health in the second quarter valued at $28,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Ardent Health by 2,036.6% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,786 shares of the company’s stock valued at $42,000 after buying an additional 4,562 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Ardent Health in the 2nd quarter valued at about $57,000. Abel Hall LLC acquired a new position in shares of Ardent Health in the 1st quarter valued at about $87,000. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Ardent Health in the 2nd quarter valued at about $118,000.

Ardent Health Stock Performance

Shares of ARDT stock opened at $11.83 on Wednesday. The business has a fifty day moving average of $11.08 and a 200 day moving average of $9.92. Ardent Health has a 1 year low of $7.71 and a 1 year high of $15.48.

Ardent Health (NYSE:ARDT) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.06). The business had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.59 billion. Ardent Health has set its FY 2026 guidance at 0.780-1.150 EPS. Equities research analysts anticipate that Ardent Health will post 0.96 EPS for the current year.

Ardent Health Company Profile

Ardent Health is a U.S. healthcare services company that operates hospitals, outpatient facilities and physician practices. Its services include emergency and acute care, surgery, cardiology, orthopedics, oncology, women’s health, behavioral health, rehabilitation, imaging and other specialty and primary care offerings.

The company serves patients through regional health networks and hospital campuses primarily in Texas, Oklahoma, New Mexico and other U.S. markets. In addition to hospital-based care, Ardent operates outpatient clinics, urgent care locations and other facilities designed to provide services across different stages of the patient-care process.

Ardent Health was founded in 2001 and became a publicly traded company on the New York Stock Exchange in 2024.