ANAB

AnaptysBio, Inc.

There isn't enough reported data to score ANAB yet.

UNH

UnitedHealth Group Incorporated

62
Fundamentals51/ 100
Valuation56/ 100
Upside potential71/ 100
Risk potential15/ 100

UNH's fundamentals are mixed: free cash flow grew 31%, but earnings per share fell 8.5%. At 23x earnings, it's trading right at its usual valuation. Analysts expect strong earnings growth, though they disagree widely on how much.

ANAB Fundamentals

MetricStatus
Unavailable
Under pressure
Unavailable
Strong

ANAB's balance sheet is currently strong, but its profitability is under pressure. There isn't enough data to rate its revenue and cash flow.

UNH Fundamentals

MetricStatus
Stable
Stable
Healthy
Healthy

UNH's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.

ANAB PE Valuation

ANAB has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 5.3x next year's earnings.

UNH PE Valuation

CHEAPFAIREXPENSIVE10x21x31x42x
CHEAPFAIREXPENSIVE10x21x31x42x
LevelPEPriceVs current
Forward18x$405—
Cheap19x$325-20%
Fair23x$410+1.2%
Current23x$405—
Expensive30x$526+30%

Historical ranges are pointers, not guarantees.

UNH's PE is in its fair range at 23x. If earnings grow as analysts expect, today's price would be 18x next year's earnings, in its cheap range.

ANAB Forward outlook

MetricOutlook
--
Returning to profit
Strong growth
--
Limited
Low

Analysts expect ANAB to return to profit, with revenue growing. However, they disagree widely on these estimates.

UNH Forward outlook

MetricOutlook
Strongly improving
Strong growth
Stable
Improving
Moderate
Low

Analysts expect UNH's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.

ANAB Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $47.77 on Nov 12.

There is not enough scenario data to compare ANAB and UNH's risk to reward.

UNH Risk to reward

ScenarioChangePrice
Upside+36%$550.65
Downside-15%$346.07

Calculated from the latest close: $405.13 on Nov 12.

There is not enough scenario data to compare ANAB and UNH's risk to reward.

ANAB Earnings Per Share

Q4 2023: $-6.08Q1 2024: $-6.14Q2 2024: $-6.35Q3 2024: $-6.08Q4 2024: $-5.12Q1 2025: $-4.76Q2 2025: $-4.39Q3 2025: $-2.73Q4 2025: $-0.46Q1 2026: $-1.02Forward: $9.01
Q4 2023: $-6.08Q1 2024: $-6.14Q2 2024: $-6.35Q3 2024: $-6.08Q4 2024: $-5.12Q1 2025: $-4.76Q2 2025: $-4.39Q3 2025: $-2.73Q4 2025: $-0.46Q1 2026: $-1.02Forward: $9.01
QuarterTTM EPSYoY
Forward$9.01—
Q1 2026-$1.02+$3.74
Q4 2025-$0.46+$4.66
Q3 2025-$2.73+$3.35
Q2 2025-$4.39+$1.96
Q1 2025-$4.76+$1.38
Q4 2024-$5.12+$0.96
Q3 2024-$6.08-$0.66
Q2 2024-$6.35-$1.16

UNH has the stronger earnings trend. Trailing diluted EPS is down 121% for ANAB versus UNH down 8.5%.

UNH Earnings Per Share

Q4 2023: $23.86Q1 2024: $16.38Q2 2024: $15.10Q3 2024: $15.37Q4 2024: $15.51Q1 2025: $23.89Q2 2025: $23.09Q3 2025: $19.17Q4 2025: $13.23Q1 2026: $13.28Q2 2026: $15.58Q3 2026: $17.55Forward: $22.65
Q4 2023: $23.86Q1 2024: $16.38Q2 2024: $15.10Q3 2024: $15.37Q4 2024: $15.51Q1 2025: $23.89Q2 2025: $23.09Q3 2025: $19.17Q4 2025: $13.23Q1 2026: $13.28Q2 2026: $15.58Q3 2026: $17.55Forward: $22.65
QuarterTTM EPSYoY
Forward$22.65+29%
Q3 2026$17.55-8.5%
Q2 2026$15.58-33%
Q1 2026$13.28-44%
Q4 2025$13.23-15%
Q3 2025$19.17+25%
Q2 2025$23.09+53%
Q1 2025$23.89+46%
Q4 2024$15.51-35%

UNH's earnings per share have fallen from their peak: $17.55 over the past year, against $23.89 in early 2025.

ANAB Quarterly Revenue

Q4 2023: $9MQ1 2024: $7MQ2 2024: $11MQ3 2024: $30MQ4 2024: $43MQ1 2025: $28MQ2 2025: $22MQ3 2025: $76MQ4 2025: $108MQ1 2026: $26MQ2 2026: --Q3 2026: $30M
Q4 2023: $9MQ1 2024: $7MQ2 2024: $11MQ3 2024: $30MQ4 2024: $43MQ1 2025: $28MQ2 2025: $22MQ3 2025: $76MQ4 2025: $108MQ1 2026: $26MQ2 2026: --Q3 2026: $30M
QuarterRevenueYoY
Q3 2026$30.3M-60%
Q1 2026$25.6M-8%
Q4 2025$108.2M+151%
Q3 2025$76.3M+154%
Q2 2025$22.3M+103%
Q1 2025$27.8M+287%
Q4 2024$43.1M+379%
Q3 2024$30M+805%

ANAB has the stronger quarterly revenue trend. Revenue is up 36% for ANAB versus down 0.4% for UNH.

UNH Quarterly Revenue

Q4 2023: $94.4BQ1 2024: $99.8BQ2 2024: $98.9BQ3 2024: $101BQ4 2024: $101BQ1 2025: $110BQ2 2025: $112BQ3 2025: $113BQ4 2025: $113BQ1 2026: $112BQ2 2026: $112BQ3 2026: $113B
Q4 2023: $94.4BQ1 2024: $99.8BQ2 2024: $98.9BQ3 2024: $101BQ4 2024: $101BQ1 2025: $110BQ2 2025: $112BQ3 2025: $113BQ4 2025: $113BQ1 2026: $112BQ2 2026: $112BQ3 2026: $113B
QuarterRevenueYoY
Q3 2026$112.7B-0.4%
Q2 2026$112B+0.4%
Q1 2026$111.7B+2%
Q4 2025$113.2B+12%
Q3 2025$113.2B+12%
Q2 2025$111.6B+13%
Q1 2025$109.6B+9.8%
Q4 2024$100.8B+6.8%

UNH's revenue has held roughly level: $113B last quarter, about level with the same quarter a year ago.

ANAB Free Cash Flow

Q4 2023: −$35MQ1 2024: −$37MQ2 2024: −$21MQ3 2024: −$10MQ4 2024: −$67MQ1 2025: −$11MQ2 2025: −$40MQ3 2025: −$27MQ4 2025: $98MQ1 2026: −$26MQ2 2026: --Q3 2026: −$10M
Q4 2023: −$35MQ1 2024: −$37MQ2 2024: −$21MQ3 2024: −$10MQ4 2024: −$67MQ1 2025: −$11MQ2 2025: −$40MQ3 2025: −$27MQ4 2025: $98MQ1 2026: −$26MQ2 2026: --Q3 2026: −$10M
QuarterFree cash flowYoY
Q3 2026-$9.5M+$17.8M
Q1 2026-$25.9M-$15.2M
Q4 2025$98M+$164.9M
Q3 2025-$27.4M-$17.2M
Q2 2025-$40.3M-$18.9M
Q1 2025-$10.7M+$26.5M
Q4 2024-$66.9M-$32.3M
Q3 2024-$10.1M+$26.5M

ANAB has the stronger cash trend. Its trailing FCF is up 149% versus its history, compared with UNH at up 5.2%.

UNH Free Cash Flow

Q4 2023: −$6.2BQ1 2024: $401MQ2 2024: $5.9BQ3 2024: $13BQ4 2024: $1.5BQ1 2025: $4.6BQ2 2025: $6.3BQ3 2025: $5.1BQ4 2025: $160MQ1 2026: $8.1BQ2 2026: $10.3BQ3 2026: $4.3B
Q4 2023: −$6.2BQ1 2024: $401MQ2 2024: $5.9BQ3 2024: $13BQ4 2024: $1.5BQ1 2025: $4.6BQ2 2025: $6.3BQ3 2025: $5.1BQ4 2025: $160MQ1 2026: $8.1BQ2 2026: $10.3BQ3 2026: $4.3B
QuarterFree cash flowYoY
Q3 2026$4.3B-16%
Q2 2026$10.3B+63%
Q1 2026$8.1B+79%
Q4 2025$160M-89%
Q3 2025$5.1B-61%
Q2 2025$6.3B+6.9%
Q1 2025$4.6B+1037%
Q4 2024$1.5B+$7.6B

UNH still generates free cash flow, though less than at its 2022 peak: $22.8B over the past year.

ANAB Total Shares

Q4 2023: 27MQ1 2024: 27MQ2 2024: 27MQ3 2024: 29MQ4 2024: 28MQ1 2025: 31MQ2 2025: 29MQ3 2025: 29MQ4 2025: 29MQ1 2026: 29MQ3 2026: 35M
Q4 2023: 27MQ1 2024: 27MQ2 2024: 27MQ3 2024: 29MQ4 2024: 28MQ1 2025: 31MQ2 2025: 29MQ3 2025: 29MQ4 2025: 29MQ1 2026: 29MQ3 2026: 35M
PeriodChange %Net change
Quarterly+22%+6.4M shares
1 year+22%+6.3M shares
3 years+32%+8.4M shares
5 years+28%+7.7M shares
Available history+30%+8M shares

ANAB has 35M diluted shares, up 22% from a year ago.

UNH Total Shares

Q4 2023: 938MQ1 2024: 922MQ2 2024: 928MQ3 2024: 930MQ4 2024: 929MQ1 2025: 918MQ2 2025: 910MQ3 2025: 908MQ4 2025: 911MQ1 2026: 910MQ2 2026: 906MQ3 2026: 902M
Q4 2023: 938MQ1 2024: 922MQ2 2024: 928MQ3 2024: 930MQ4 2024: 929MQ1 2025: 918MQ2 2025: 910MQ3 2025: 908MQ4 2025: 911MQ1 2026: 910MQ2 2026: 906MQ3 2026: 902M
PeriodChange %Net change
Quarterly-0.4%-4M shares
1 year-0.7%-6M shares
3 years-3.6%-34M shares
5 years-5.5%-53M shares
Available history-6.6%-64M shares

UNH has the edge over ANAB on shareholder dilution, with a more favorable share count trend.

ANAB Net Leverage

Q4 2025: -4.9xQ1 2026: -6.0x
Q4 2025: -4.9xQ1 2026: -6.0x
QuarterNet LeverageStatus
Q1 2026-6.0xNet Cash
Q4 2025-4.9xNet Cash
Q3 2021-40.6xNet Cash

ANAB has more cash than debt.

UNH Net Leverage

Q4 2023: 1.0xQ1 2024: 1.3xQ2 2024: 1.4xQ3 2024: 1.3xQ4 2024: 1.4xQ1 2025: 1.3xQ2 2025: 1.5xQ3 2025: 1.7xQ4 2025: 2.3xQ1 2026: 2.2xQ2 2026: 1.7xQ3 2026: 1.7x
Q4 2023: 1.0xQ1 2024: 1.3xQ2 2024: 1.4xQ3 2024: 1.3xQ4 2024: 1.4xQ1 2025: 1.3xQ2 2025: 1.5xQ3 2025: 1.7xQ4 2025: 2.3xQ1 2026: 2.2xQ2 2026: 1.7xQ3 2026: 1.7x
QuarterNet LeverageStatus
Q3 20261.7xHealthy
Q2 20261.7xHealthy
Q1 20262.2xModerate
Q4 20252.3xModerate
Q3 20251.7xHealthy
Q2 20251.5xHealthy
Q1 20251.3xHealthy
Q4 20241.4xHealthy

UNH's net debt is about 1.7 years of its operating earnings (EBITDA), about the same as a year ago.

ANAB Weekly Momentum

MetricValueStatus
RSI45.4Neutral
Stochastic21.4Neutral

ANAB's weekly RSI is 45 (neutral) and its Stochastic is 21 (neutral).

UNH Weekly Momentum

MetricValueStatus
RSI56.4Neutral
Stochastic60.0Neutral

UNH's weekly RSI is 56 (neutral) and its Stochastic is 60 (neutral).

ANAB PE vs Healthcare Sector

MetricANABSector medianRelative
PEN/A26x—

ANAB has no meaningful PE right now: it lost money over the past year.

UNH PE vs Healthcare Sector

MetricUNHSector medianRelative
PE23x26x11% below
PE %472918 pts above

UNH is trading at 23x earnings, a 11% discount to the Healthcare sector's median of 26x.

ANAB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$47.90.3% below
20 week MA$53.711% below
50 week MA$47.70.1% above
100 week MA$31.552% above
200 week MA$23.5103% above

ANAB has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 103% above its 200-week average.

UNH Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$394.22.8% above
20 week MA$400.51.2% above
50 week MA$361.212% above
100 week MA$376.07.8% above
200 week MA$446.69.3% below

UNH has the edge over ANAB on trend strength, trading above more of its moving averages.

ANAB Yearly ROI

YearStart priceEnd priceROI
2020$11.2$14.8+33%
2021$14.8$24.7+67%
2022$24.7$19.5-21%
2023$19.5$14.3-27%
2024$14.3$8.69-39%
2025$8.69$33.4+284%
2026 YTD$33.4$47.8+43%

ANAB has the edge over UNH on returns for 2026, with the stronger performance.

UNH Yearly ROI

YearStart priceEnd priceROI
2020$296.0$340.8+15%
2021$340.8$495.4+45%
2022$495.4$531.3+7.3%
2023$531.3$526.5-0.9%
2024$526.5$510.0-3.1%
2025$510.0$331.8-35%
2026 YTD$331.8$405.1+22%

UNH has finished three years in a row lower, and it's up 22% so far in 2026.

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