OSCR

Oscar Health, Inc.

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

OSCR's outlook is improving, though it still trails on the overall score.

ZVRA

Zevra Therapeutics, Inc.

79
Fundamentals93/ 100
Valuation56/ 100
Upside potential74/ 100
Risk potential23/ 100

ZVRA has the edge over OSCR overall, supported by stronger modeled upside and lower modeled downside.

OSCR Fundamentals

MetricStatus
Strong
Healthy
Strong
Strong

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

ZVRA Fundamentals

MetricStatus
Healthy
Strong
Strong
Strong

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

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 has the edge over ZVRA in the historical PE scenario, which offers more potential upside but is not a forecast.

ZVRA PE Valuation

CHEAPFAIREXPENSIVE6.4x13x19x25x
CHEAPFAIREXPENSIVE6.4x13x19x25x
LevelPEPriceVs current
Cheap6.4x$7.75-31%
Current9.2x$11.16—
Fair11x$13.47+21%
Forward14x$11.16—
Expensive24x$28.69+157%

Historical ranges are pointers, not guarantees.

ZVRA's PE is in its fair range at 9.2x. On analysts' estimates for next year's earnings, today's price would be 14x, in its expensive range.

OSCR Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Strongly improving
Limited
Moderate

OSCR has the edge over ZVRA on the outlook, with more favorable valuation expectations.

ZVRA Forward outlook

MetricOutlook
Strongly deteriorating
Strong growth
Strong growth
Strongly improving
Limited
Low

Analysts expect strong earnings and revenue growth for ZVRA, with profitability improving. However, they disagree widely on these estimates.

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 ZVRA on modeled risk to reward, with less potential upside and more potential downside.

ZVRA Risk to reward

ScenarioChangePrice
Upside+66%$18.54
Downside-23%$8.59

Calculated from the latest close: $11.16 on Nov 12.

ZVRA has a better modeled risk to reward balance than OSCR, with more potential upside and less potential downside.

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 returned to profit: it earned $2.47 per share over the past year, after losing money the year before.

ZVRA Earnings Per Share

Q4 2023: $-1.32Q1 2024: $-1.38Q2 2024: $-1.71Q3 2024: $-2.00Q4 2024: $-2.34Q1 2025: $-2.00Q2 2025: $-0.31Q3 2025: $0.37Q4 2025: $1.35Q1 2026: $2.01Q2 2026: $0.94Q3 2026: $1.21Forward: $0.82
Q4 2023: $-1.32Q1 2024: $-1.38Q2 2024: $-1.71Q3 2024: $-2.00Q4 2024: $-2.34Q1 2025: $-2.00Q2 2025: $-0.31Q3 2025: $0.37Q4 2025: $1.35Q1 2026: $2.01Q2 2026: $0.94Q3 2026: $1.21Forward: $0.82
QuarterTTM EPSYoY
Forward$0.82-32%
Q3 2026$1.21+227%
Q2 2026$0.94+$1.25
Q1 2026$2.01+$4.01
Q4 2025$1.35+$3.69
Q3 2025$0.37+$2.37
Q2 2025-$0.31+$1.40
Q1 2025-$2.00-$0.62
Q4 2024-$2.34-$1.02

ZVRA has the edge over OSCR on earnings, with more consistent year-over-year improvement.

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's revenue has grown year over year every quarter since early 2021: $5.1B last quarter, up 72% from the same quarter a year ago.

ZVRA Quarterly Revenue

Q4 2023: $13MQ1 2024: $3MQ2 2024: $4MQ3 2024: $4MQ4 2024: $12MQ1 2025: $20MQ2 2025: $26MQ3 2025: $26MQ4 2025: $34MQ1 2026: $36MQ2 2026: $40MQ3 2026: $38M
Q4 2023: $13MQ1 2024: $3MQ2 2024: $4MQ3 2024: $4MQ4 2024: $12MQ1 2025: $20MQ2 2025: $26MQ3 2025: $26MQ4 2025: $34MQ1 2026: $36MQ2 2026: $40MQ3 2026: $38M
QuarterRevenueYoY
Q3 2026$37.8M+45%
Q2 2026$39.7M+53%
Q1 2026$36.2M+78%
Q4 2025$34.1M+183%
Q3 2025$26.1M+605%
Q2 2025$25.9M+482%
Q1 2025$20.4M+496%
Q4 2024$12M-8.9%

ZVRA's revenue has grown year over year for seven quarters in a row: $38M last quarter, up 45% from the same quarter a year ago.

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 usually generates cash, though not every quarter: the latest was −$1.2B, but it generated $4.1B over the past year.

ZVRA Free Cash Flow

Q4 2023: −$16MQ1 2024: −$16MQ2 2024: −$19MQ3 2024: −$18MQ4 2024: −$16MQ1 2025: −$8MQ2 2025: −$4MQ3 2025: $4MQ4 2025: $6MQ1 2026: $6MQ2 2026: $17MQ3 2026: $10M
Q4 2023: −$16MQ1 2024: −$16MQ2 2024: −$19MQ3 2024: −$18MQ4 2024: −$16MQ1 2025: −$8MQ2 2025: −$4MQ3 2025: $4MQ4 2025: $6MQ1 2026: $6MQ2 2026: $17MQ3 2026: $10M
QuarterFree cash flowYoY
Q3 2026$9.8M+136%
Q2 2026$16.8M+$20.6M
Q1 2026$6.1M+$14.4M
Q4 2025$5.5M+$21.8M
Q3 2025$4.2M+$22.3M
Q2 2025-$3.8M+$15.3M
Q1 2025-$8.3M+$7.8M
Q4 2024-$16.3M-$20K

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

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.

ZVRA Total Shares

Q4 2023: 35MQ1 2024: 42MQ2 2024: 42MQ3 2024: 48MQ4 2024: 46MQ1 2025: 54MQ2 2025: 56MQ3 2025: 56MQ4 2025: 57MQ1 2026: 60MQ2 2026: 61MQ3 2026: 62M
Q4 2023: 35MQ1 2024: 42MQ2 2024: 42MQ3 2024: 48MQ4 2024: 46MQ1 2025: 54MQ2 2025: 56MQ3 2025: 56MQ4 2025: 57MQ1 2026: 60MQ2 2026: 61MQ3 2026: 62M
PeriodChange %Net change
Quarterly+0.6%+396K shares
1 year+10%+5.8M shares
3 years+78%+27M shares
5 years+75%+26.5M shares
Available history+3231%+59.9M shares

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

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 the edge over ZVRA on leverage, with a lower net debt burden relative to earnings.

ZVRA Net Leverage

Q2 2026: -1.7xQ3 2026: -1.3x
Q2 2026: -1.7xQ3 2026: -1.3x
QuarterNet LeverageStatus
Q3 2026-1.3xNet Cash
Q2 2026-1.7xNet Cash
Q4 2021-14.1xNet Cash
Q3 2021-17.3xNet Cash
Q2 2021-15.3xNet Cash
Q1 2021-14.1xNet Cash

ZVRA has more cash than debt.

OSCR Weekly Momentum

MetricValueStatus
RSI58.7Neutral
Stochastic44.9Neutral

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

ZVRA Weekly Momentum

MetricValueStatus
RSI50.9Neutral
Stochastic45.9Neutral

ZVRA's weekly RSI is 51 (neutral) and its Stochastic is 46 (neutral).

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.

ZVRA PE vs Healthcare Sector

MetricZVRASector medianRelative
PE9.2x26x64% below
PE %402911 pts above

ZVRA has the edge over OSCR on valuation relative to its sector.

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 ZVRA on trend strength, trading above more of its moving averages.

ZVRA Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$10.74.8% above
20 week MA$11.31.5% below
50 week MA$10.47.3% above
100 week MA$9.6616% above
200 week MA$7.7245% above

ZVRA's trend is mixed: it's above four of its five weekly moving averages, and 45% above its 200-week average.

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 ZVRA on returns for 2026, with the stronger performance.

ZVRA Yearly ROI

YearStart priceEnd priceROI
2020$6.69$11.5+72%
2021$11.5$8.97-22%
2022$8.97$4.29-52%
2023$4.29$6.55+53%
2024$6.55$8.39+28%
2025$8.39$8.87+5.7%
2026 YTD$8.87$11.2+26%

ZVRA has finished higher in four of the last six years, two of them by more than 50%. It's up 26% so far in 2026.

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