UnitedHealth Group (UNH)

Hold Recap: Q2 2026

The Guide Vaults to $19.50–$20.00 on a Second Straight Beat, But a Faded Gap, a Cracking Commercial Book, and a Round-Tripped Multiple Close the Contrarian Trade

Outperform Recap: Q1 2026

The Sandbagged Floor Gets Beaten and Raised: $7.23 Tops a Reset Street by ~$0.70, MCR Falls to 83.9%, and the FY26 Guide Goes Up $0.50 a Quarter In

Outperform Recap: Q4 2025

The Washout Is the Setup: A Sandbagged 2026 Floor and a Cleared Deck Turn the Risk/Reward

Hold Recap: Q3 2025

Stabilization Arrived On Schedule, But the Rally Got There First: 89.9% MCR In Line, FY Floor Nudged to “At Least $16.25”

Hold Recap: Q2 2025

The Kitchen-Sink Reset: 89.4% Medical Care Ratio, an FY Guide Gutted to “At Least $16,” and a Franchise Priced for Crisis