Tenet Healthcare is up 3.5% during the same time and is heading into earnings with an average analyst price target of $188.71 (compared to the current share price of $175.06).

Tenet is expected to post earnings of $2.82 per share for the current quarter, representing a year-over-year change of +22.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.1%.

Tenet reported an operating income of $6 billion (28.8% margin) on revenues of $20.7 billion in 2024, up from $2.5 billion (12.2% margin) on revenues of $20.5 billion in 2023.

Tenet Healthcare, one of the U.S.'s largest for-profit hospital chains, is recovering from a "cybersecurity incident" that occurred last week, the company said Tuesday.