HCAT

Health Catalyst, Inc.

34
Fundamentals33/ 100
Valuation50/ 100
Upside potential64/ 100
Risk potential46/ 100

HCAT offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.

OSCR

Oscar Health, Inc.

69
Fundamentals85/ 100
Valuation50/ 100
Upside potential61/ 100
Risk potential35/ 100

OSCR has the edge over HCAT overall, supported by stronger fundamentals and lower modeled downside.

HCAT Fundamentals

MetricStatus
Under pressure
Weak
Healthy
Unavailable

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

OSCR Fundamentals

MetricStatus
Strong
Healthy
Strong
Strong

OSCR's revenue, profitability, cash flow and balance sheet are all currently healthy.

HCAT PE Valuation

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

OSCR PE Valuation

CHEAPFAIREXPENSIVE41x83x124x166x
CHEAPFAIREXPENSIVE41x83x124x166x
LevelPEPriceVs current
Forward12x$31.94—
Current13x$31.94—
Cheap21x$52.73+65%
Fair35x$87.23+173%
Expensive130x$322+907%

Historical ranges are pointers, not guarantees.

OSCR's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.

HCAT Forward outlook

MetricOutlook
--
Turning to a loss
Strong decline
Strongly weakening
Limited
Low

Analysts expect HCAT's earnings and revenue to decline, with profitability weakening. However, they disagree widely on these estimates.

OSCR Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

OSCR has the edge over HCAT on the outlook, with more favorable earnings and revenue expectations.

HCAT Risk to reward

ScenarioChangePrice
Upside+83%$2.49
Downside-46%$0.74

Calculated from the latest close: $1.36 on Nov 12.

HCAT has a better modeled risk to reward balance than OSCR, with more potential upside relative to its potential downside.

OSCR Risk to reward

ScenarioChangePrice
Upside+55%$49.45
Downside-35%$20.78

Calculated from the latest close: $31.94 on Nov 12.

OSCR trails HCAT on modeled risk to reward, with less potential upside relative to its potential downside.

HCAT Earnings Per Share

Q4 2023: $-2.09Q1 2024: $-1.84Q2 2024: $-1.49Q3 2024: $-1.34Q4 2024: $-1.15Q1 2025: $-1.15Q2 2025: $-1.51Q3 2025: $-1.59Q4 2025: $-2.55Q1 2026: $-3.73Q2 2026: $-3.69Q3 2026: $-2.84
Q4 2023: $-2.09Q1 2024: $-1.84Q2 2024: $-1.49Q3 2024: $-1.34Q4 2024: $-1.15Q1 2025: $-1.15Q2 2025: $-1.51Q3 2025: $-1.59Q4 2025: $-2.55Q1 2026: $-3.73Q2 2026: $-3.69Q3 2026: $-2.84
QuarterTTM EPSYoY
Q3 2026-$2.84-$1.25
Q2 2026-$3.69-$2.18
Q1 2026-$3.73-$2.58
Q4 2025-$2.55-$1.40
Q3 2025-$1.59-$0.25
Q2 2025-$1.51-$0.02
Q1 2025-$1.15+$0.69
Q4 2024-$1.15+$0.94

HCAT lost $2.84 per share over the past year, a bigger loss than the year before.

OSCR Earnings Per Share

Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
Q4 2023: $-1.22Q1 2024: $-0.42Q2 2024: $-0.15Q3 2024: $-0.08Q4 2024: $0.10Q1 2025: $0.40Q2 2025: $-0.69Q3 2025: $-1.00Q4 2025: $-1.69Q1 2026: $-0.54Q2 2026: $1.45Q3 2026: $2.47Forward: $2.61
QuarterTTM EPSYoY
Forward$2.61+5.6%
Q3 2026$2.47+$3.47
Q2 2026$1.45+$2.14
Q1 2026-$0.54-235%
Q4 2025-$1.69-1790%
Q3 2025-$1.00-$0.92
Q2 2025-$0.69-$0.54
Q1 2025$0.40+$0.82
Q4 2024$0.10+$1.32

OSCR has the edge over HCAT on earnings quality, reporting a profit while its opponent remains loss making.

HCAT Quarterly Revenue

Q4 2023: $75MQ1 2024: $75MQ2 2024: $76MQ3 2024: $76MQ4 2024: $80MQ1 2025: $79MQ2 2025: $81MQ3 2025: $76MQ4 2025: $75MQ1 2026: $71MQ2 2026: $70MQ3 2026: $56M
Q4 2023: $75MQ1 2024: $75MQ2 2024: $76MQ3 2024: $76MQ4 2024: $80MQ1 2025: $79MQ2 2025: $81MQ3 2025: $76MQ4 2025: $75MQ1 2026: $71MQ2 2026: $70MQ3 2026: $56M
QuarterRevenueYoY
Q3 2026$56.3M-26%
Q2 2026$70.5M-13%
Q1 2026$70.8M-11%
Q4 2025$74.7M-6.2%
Q3 2025$76.3M0%
Q2 2025$80.7M+6.3%
Q1 2025$79.4M+6.3%
Q4 2024$79.6M+6%

HCAT's revenue has slid since its 2025 peak: $56M last quarter, down 26% from the same quarter a year ago.

OSCR Quarterly Revenue

Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
Q4 2023: $1.4BQ1 2024: $2.1BQ2 2024: $2.2BQ3 2024: $2.4BQ4 2024: $2.4BQ1 2025: $3BQ2 2025: $2.9BQ3 2025: $3BQ4 2025: $2.8BQ1 2026: $4.6BQ2 2026: $4.9BQ3 2026: $5.1B
QuarterRevenueYoY
Q3 2026$5.1B+72%
Q2 2026$4.9B+70%
Q1 2026$4.6B+53%
Q4 2025$2.8B+17%
Q3 2025$3B+23%
Q2 2025$2.9B+29%
Q1 2025$3B+42%
Q4 2024$2.4B+67%

OSCR has the edge over HCAT on sales, with more consistent year-over-year improvement.

HCAT Free Cash Flow

Q4 2023: −$19MQ1 2024: $10MQ2 2024: $1MQ3 2024: $6MQ4 2024: −$4MQ1 2025: −$390,000Q2 2025: −$9MQ3 2025: −$719,000Q4 2025: $10MQ1 2026: $18MQ2 2026: −$70,000Q3 2026: −$2M
Q4 2023: −$19MQ1 2024: $10MQ2 2024: $1MQ3 2024: $6MQ4 2024: −$4MQ1 2025: −$390,000Q2 2025: −$9MQ3 2025: −$719,000Q4 2025: $10MQ1 2026: $18MQ2 2026: −$70,000Q3 2026: −$2M
QuarterFree cash flowYoY
Q3 2026-$2M-$1.3M
Q2 2026-$70K+$8.7M
Q1 2026$18.2M+$18.6M
Q4 2025$9.6M+$13.6M
Q3 2025-$719K-113%
Q2 2025-$8.8M-763%
Q1 2025-$390K-104%
Q4 2024-$3.9M+$15.4M

HCAT's free cash flow has turned positive again: $26M over the past year, against −$14M the year before.

OSCR Free Cash Flow

Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
Q4 2023: $291MQ1 2024: $628MQ2 2024: $490MQ3 2024: −$508MQ4 2024: $340MQ1 2025: $870MQ2 2025: $500MQ3 2025: −$974MQ4 2025: $663MQ1 2026: $2.6BQ2 2026: $2.1BQ3 2026: −$1.2B
QuarterFree cash flowYoY
Q3 2026-$1.2B-$238.2M
Q2 2026$2.1B+316%
Q1 2026$2.6B+200%
Q4 2025$662.8M+95%
Q3 2025-$973.7M-$466M
Q2 2025$499.8M+2.1%
Q1 2025$869.5M+38%
Q4 2024$340M+17%

OSCR has the edge over HCAT on cash flow, with more consistent year-over-year improvement.

HCAT Total Shares

Q4 2023: 56MQ1 2024: 59MQ2 2024: 59MQ3 2024: 60MQ4 2024: 60MQ1 2025: 69MQ2 2025: 70MQ3 2025: 70MQ4 2025: 70MQ1 2026: 73MQ2 2026: 74MQ3 2026: 76M
Q4 2023: 56MQ1 2024: 59MQ2 2024: 59MQ3 2024: 60MQ4 2024: 60MQ1 2025: 69MQ2 2025: 70MQ3 2025: 70MQ4 2025: 70MQ1 2026: 73MQ2 2026: 74MQ3 2026: 76M
PeriodChange %Net change
Quarterly+2.7%+2M shares
1 year+7.9%+5.6M shares
3 years+34%+19.2M shares
5 years+55%+26.9M shares
Available history+105%+38.8M shares

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

OSCR Total Shares

Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
Q4 2023: 222MQ1 2024: 294MQ2 2024: 304MQ3 2024: 243MQ4 2024: 266MQ1 2025: 306MQ2 2025: 256MQ3 2025: 259MQ4 2025: 262MQ1 2026: 330MQ2 2026: 333MQ3 2026: 346M
PeriodChange %Net change
Quarterly+3.9%+13M shares
1 year+34%+87.2M shares
3 years+55%+123M shares
5 years+66%+138M shares
Available history+71%+143M shares

OSCR has 346M diluted shares, up 34% from a year ago.

HCAT Net Leverage

HCAT's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

OSCR Net Leverage

Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
Q1 2024: -217.7xQ2 2024: -24.0xQ3 2024: -10.1xQ4 2024: -13.7xQ1 2025: -9.7xQ1 2026: -110.0xQ2 2026: -5.5xQ3 2026: -4.2x
QuarterNet LeverageStatus
Q3 2026-4.2xNet Cash
Q2 2026-5.5xNet Cash
Q1 2026-110.0xNet Cash
Q1 2025-9.7xNet Cash
Q4 2024-13.7xNet Cash
Q3 2024-10.1xNet Cash
Q2 2024-24.0xNet Cash
Q1 2024-217.7xNet Cash

OSCR has more cash than debt.

HCAT Weekly Momentum

MetricValueStatus
RSI37.4Neutral
Stochastic9.3Oversold

HCAT's weekly RSI is 37 (neutral) and its Stochastic is 9 (oversold).

OSCR Weekly Momentum

MetricValueStatus
RSI58.7Neutral
Stochastic44.9Neutral

OSCR's weekly RSI is 59 (neutral) and its Stochastic is 45 (neutral).

HCAT PE vs Healthcare Sector

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

OSCR PE vs Healthcare Sector

MetricOSCRSector medianRelative
PE13x26x50% below
PE %33532 pts below

OSCR is trading at 13x earnings, a 50% discount to the Healthcare sector's median of 26x, though its earnings don't support one.

HCAT Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$1.6518% below
20 week MA$1.7924% below
50 week MA$1.7924% below
100 week MA$2.9354% below
200 week MA$6.1878% below

HCAT is in a downtrend: it's below all five of its weekly moving averages, and 78% below its 200-week average.

OSCR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$31.22.3% above
20 week MA$31.12.8% above
50 week MA$22.939% above
100 week MA$19.365% above
200 week MA$15.5106% above

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

HCAT Yearly ROI

YearStart priceEnd priceROI
2020$34.1$44.9+31%
2021$44.9$39.5-12%
2022$39.5$10.3-74%
2023$10.3$9.26-10%
2024$9.26$7.08-24%
2025$7.08$2.42-66%
2026 YTD$2.42$1.36-44%

HCAT has finished five years in a row lower, and it's down 44% so far in 2026.

OSCR Yearly ROI

YearStart priceEnd priceROI
2021$31.0$8.02-74%
2022$8.02$2.21-72%
2023$2.21$9.15+314%
2024$9.15$13.8+51%
2025$13.8$14.9+8%
2026 YTD$14.9$31.9+114%

OSCR has the edge over HCAT on returns for 2026, with the stronger performance.

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