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Oscar Health, Inc. (OSCR)

NYSE - Nasdaq Real Time Price. Currency in USD
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4.8950-0.2750 (-5.32%)
As of 12:52PM EDT. Market open.

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  • M
    Martin
    They have 2.2 billion in cash, enough to get them through the next 3 years no dilution. Market cap only 1 billion. BUY
  • T
    Tim
    Insiders are selling significant amounts of their holdings at these low prices. Hmmmmmm....
  • T
    Tim
    Oscar is the first health insurance company built around a full stack technology platform? Who cares? This seems like more of a red herring than anything else, just a way to manipulate investors, rather than something that actually creates a business advantage. Other medical insurance companies have ooodles of technology and massive software development budgets that are likely to outgun anything Oscar can do.
  • H
    Harvey
    If it drops under 6, I am buying 2,000 shares. I did not like their business model, but being affiliated with CIGNA brings them credibility and a potential purchase.
  • R
    Royal
    Membership as of June 30, 2022 of 1,036,720, an 84% increase YoY
    For the quarter ended June 30, 2022:
    Direct and assumed policy premiums of $1.7 billion, a 101% increase YoY
    Premiums earned of $995 million, a 88% increase YoY
    Medical Loss Ratio of 82.2%, decreased 20 bps YoY
    InsuranceCo Administrative Expense Ratio of 19.5%, decreased 30 bps YoY
    InsuranceCo Combined Ratio of 101.7%, decreased 50 bps YoY
    Adjusted Administrative Expense Ratio of 23.7%, decreased 140 bps YoY
    Net loss of $112 million, an increase of $39 million YoY; Adjusted EBITDA loss of $76 million, an increase of $25 million YoY
  • j
    jeffrey
    wow 18% today. a double from $3.80
  • H
    Harvey
    still large operating losses. Not enough money is dropping to the bottom line. What are spending their money on. They should be at scale. Apparently not.
  • W
    Wayne
    I forget why I originally invested in Oscar Health, but what a terrible name, Oscar. Sounds like it is run from someones basement. If they changed their name to something more PR oriented, like American Health, the stock value would double.
  • j
    jeffrey
    lost 80% market cap. time to buy
  • T
    T4L
    Buy under $ 30 next week.
  • b
    betasplen
    "As we meaningfully increase scale in the business, we maintain a disciplined focus on efficiency and we believe we remain well positioned on our path to profitability for our insurance business in 2023."

    That's all you need to know folks. And we have more than enough moola to get there..
  • A
    Andrew
    More insider buying from Kushner, $8.77m worth 🚀
  • L
    Long
    INTERESTING: Goldman brings OSCAR IPO in March at $39 now 9 months later says it is a $6.50 stock.
  • J
    Joshua
    How much more of a beating can this stock take?
  • b
    betasplen
    Dang it - Goldman Sachs' target was reached in 4 weeks! Congrads to GS after peddling it at $40 just ten months ago! Enterprise value is -$1.30-1.40/share for a company growing at a 50-100% clip and knocking on profitability in a year or less. In other words, you are paying 85 cents for a dollar at these prices. I am buying more tomorrow!
  • A
    Andrew
    More insider buying… again!! Now $150m insider buying since 27th Aug!!!
  • C
    Connor
    Insider Thrive Partners VII Growth, reports buying 1,268,284 shares for $16M+. Just discovered this stock, what’s the scoop?
  • g
    greenbasman
    Fidelity posted that Insider Kushner just purchased 1.3million shares at the price between $12.69 and $13.30. Wow That is a strong confidence in the company future.
  • r
    ray
    what's going on here, this company is valued at bankrupt price at 0 EV ( 1.6b mktcap - 1.6b cash).
  • K
    Kevin
    So many bots on here and people who have done zero research on the telemedicine market.