Molina Healthcare Forecasts Fivefold Profit Jump by 2029
Molina expects 2029 profit to reach 30 dollars per share if costs stay low. Shares fell on Friday. The insurer lowered margin goals and missed investor targets.
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MOLINA HEALTHCARE INC forecast its 2029 adjusted profit will reach five times its 2026 outlook if medical costs remain stable. Shares fell 5% after analysts at J.P. Morgan and Barclays said the long-term projections missed investor expectations. The outlook tests whether the insurer can maintain margins as government-backed plan enrollment fluctuates in the United States.
