SIBN
SI-BONE, Inc.
SIBN offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
UNH
UnitedHealth Group Incorporated
UNH has a slight edge over SIBN overall, supported by stronger modeled upside and lower modeled downside.
SIBN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
SIBN's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
UNH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Healthy |
UNH's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
SIBN PE Valuation
SIBN has no meaningful PE right now: it lost money over the past year.
UNH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 18x | $405 | — |
| Cheap | 19x | $325 | -20% |
| Fair | 23x | $410 | +1.2% |
| Current | 23x | $405 | — |
| Expensive | 30x | $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.
SIBN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
SIBN has the edge over UNH on the outlook, with more favorable revenue expectations.
UNH Forward outlook
| Metric | Outlook |
|---|---|
| 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.
SIBN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.31 | +$0.19 |
| Q2 2026 | -$0.34 | +$0.21 |
| Q1 2026 | -$0.39 | +$0.24 |
| Q4 2025 | -$0.44 | +$0.31 |
| Q3 2025 | -$0.50 | +$0.41 |
| Q2 2025 | -$0.55 | +$0.45 |
| Q1 2025 | -$0.63 | +$0.45 |
| Q4 2024 | -$0.75 | +$0.38 |
SIBN is still losing money, but far less than before: $0.31 per share over the past year, against $1.98 at its worst in mid-2022.
UNH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| 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 has the edge over SIBN on earnings quality, reporting a profit while its opponent remains loss making.
SIBN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $55.7M | +14% |
| Q2 2026 | $56M | +15% |
| Q1 2026 | $52.6M | +11% |
| Q4 2025 | $56.3M | +15% |
| Q3 2025 | $48.7M | +21% |
| Q2 2025 | $48.6M | +22% |
| Q1 2025 | $47.3M | +25% |
| Q4 2024 | $49M | +26% |
SIBN has the edge over UNH on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -7.8% | +3.3 points |
| Q2 2026 | -8.6% | +5.8 points |
| Q1 2026 | -9.7% | +6.1 points |
| Q4 2025 | -4.4% | +6.8 points |
| Q3 2025 | -11% | +7.9 points |
| Q2 2025 | -14% | +11 points |
| Q1 2025 | -16% | +16 points |
| Q4 2024 | -11% | +21 points |
SIBN's operating margin was −7.8% last quarter, up 3.3 points from the same quarter a year ago, near the top of its range since 2019.
UNH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 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.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.8% | +2 points |
| Q2 2026 | 7.1% | +2.5 points |
| Q1 2026 | 8.1% | -0.3 points |
| Q4 2025 | 0.3% | -7.4 points |
| Q3 2025 | 3.8% | -4.8 points |
| Q2 2025 | 4.6% | -3.4 points |
| Q1 2025 | 8.3% | +0.4 points |
| Q4 2024 | 7.7% | -0.4 points |
UNH has the edge over SIBN on profitability, with a higher operating margin.
SIBN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$427K | +$193K |
| Q2 2026 | -$768K | +$1.2M |
| Q1 2026 | -$3.4M | +$3.5M |
| Q4 2025 | $440K | +$1.5M |
| Q3 2025 | -$620K | +$2.1M |
| Q2 2025 | -$1.9M | +$7.5M |
| Q1 2025 | -$7M | +$2.7M |
| Q4 2024 | -$1.1M | +$2.3M |
SIBN has burned cash in almost every quarter: −$4M over the past year, against −$11M the year before.
UNH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| 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 has the edge over SIBN on cash generation, producing positive trailing cash flow while its opponent burns cash.
SIBN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +422K shares |
| 1 year | +4% | +1.7M shares |
| 3 years | +12% | +4.6M shares |
| 5 years | +35% | +11.6M shares |
| Available history | +82% | +20.2M shares |
SIBN has 45M diluted shares, up 4% from a year ago.
UNH Total Shares
| Period | Change % | 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 SIBN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.4B |
| Q2 2026 | $1.6B |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $2.5B |
| Q1 2025 | $3B |
| Q4 2024 | $5B |
UNH spent $5B buying back its own shares over the past year, down 52% from the year before.
SIBN Net Leverage
SIBN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
UNH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 1.7x | Healthy |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 2.3x | Moderate |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.5x | Healthy |
| Q1 2025 | 1.3x | Healthy |
| Q4 2024 | 1.4x | Healthy |
UNH's net debt is about 1.7 years of its operating earnings (EBITDA), about the same as a year ago.
SIBN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 74.9 | Overbought |
| Stochastic | 76.7 | Neutral |
SIBN's weekly RSI is 75 (overbought) and its Stochastic is 77 (neutral).
UNH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.4 | Neutral |
| Stochastic | 60.0 | Neutral |
UNH's weekly RSI is 56 (neutral) and its Stochastic is 60 (neutral).
SIBN PE vs Healthcare Sector
SIBN has no meaningful PE right now: it lost money over the past year.
UNH PE vs Healthcare Sector
| Metric | UNH | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 26x | 11% below |
| PE % | 47 | 29 | 18 pts above |
UNH is trading at 23x earnings, a 11% discount to the Healthcare sector's median of 26x.
SIBN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.9 | 16% above |
| 20 week MA | $19.3 | 25% above |
| 50 week MA | $17.1 | 41% above |
| 100 week MA | $16.6 | 45% above |
| 200 week MA | $17.5 | 38% above |
SIBN has the edge over UNH on trend strength, trading above more of its moving averages.
UNH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $394.2 | 2.8% above |
| 20 week MA | $400.5 | 1.2% above |
| 50 week MA | $361.2 | 12% above |
| 100 week MA | $376.0 | 7.8% above |
| 200 week MA | $446.6 | 9.3% below |
UNH has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 9.3% below its 200-week average.
SIBN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.1 | $30.3 | +43% |
| 2021 | $30.3 | $21.9 | -28% |
| 2022 | $21.9 | $11.8 | -46% |
| 2023 | $11.8 | $21.0 | +78% |
| 2024 | $21.0 | $13.7 | -35% |
| 2025 | $13.7 | $20.4 | +48% |
| 2026 YTD | $20.4 | $24.1 | +19% |
SIBN has finished lower in three of the last six years. It's up 19% so far in 2026.
UNH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 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 the edge over SIBN on returns for 2026, with the stronger performance.