eHealth, Inc. (EHTH)
NASDAQFinancialsInsurance - BrokersSnapshot 2026-09-04
$0.99+4.14%
Close 2026-09-04 · 1-day change
NASDAQFinancialsInsurance - BrokersSnapshot 2026-09-04
QuarterlyIQ Insights · EHTH
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -50.5% |
| Our one-year growth estimate | diamond | -10.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 40.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name has been missing across recent quarters and is on a run of consecutive earnings misses. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 13 industry peers · Company calendar date is not available
EHTH — earnings miss
Dated 2026-08-04
Results of Operations and Financial Condition. On August 4, 2026, eHealth, Inc. (the “Company”) issued a press release announcing its financial results for the three and six months ended June 30, 2026 and its financial condition as of June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. On August 4, 2026, the Company posted supplemental investor material on its investor relations webpage at https://…
Why it matters: Better cash flow means stronger finances and good cost control.
Supportive ifOperating cash flow exceeds $12 million for the full year 2026.
Worry ifOperating cash flow remains below $(10) million for the full year 2026.
Why it matters: Changes in leadership can change the company's path and affect how well it performs.
Watch forNew CEO outlines a clear strategy that aligns with cost-saving goals and revenue targets.
Also watch forThe new CEO does not share a clear plan, which makes investors uncertain.
Why it matters: Achieving these savings is key to improving eHealth's financial health. It shows management's commitment to cost control.
Supportive ifManagement reports achieving at least $15M in fixed cost savings by Q3 2026.
Worry ifCost savings fall short of $15M by Q3 2026.
Why it matters: Higher net adjustment revenue would help overall revenue growth. It would also confirm management's guidance.
Supportive ifNet adjustment revenue reported at or above $15 million for Q2 2026.
Worry ifNet adjustment revenue reported below $10 million for Q2 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$280 on $10,000 · ±2.8% | How much price usually moves either way. |
| Bad day | $829 loss on $10,000 · 8.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,328 loss on $10,000 · 83.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Cutting costs is important. It helps improve profits and cash flow.
Supportive ifOperating costs decrease by at least $22.5M compared to Q1 2026.
Worry ifOperating costs do not decrease or increase compared to Q1 2026.
Why it matters: Stable margins mean better cost control and more profit in the Medicare segment.
Supportive ifMedicare segment gross margin stays above 41% in Q3 2026.
Worry ifMedicare segment gross margin falls below 41% in Q3 2026.
Why it matters: Enrollment trends affect revenue. A rebound may show that eHealth's business is recovering.
Watch forMedicare enrollment is up compared to Q2 2026.
Also watch forMedicare enrollment is down compared to Q2 2026.
Why it matters: Improving cash flow is vital for eHealth's financial stability and growth plans. It shows better expense management.
Supportive ifOperating cash flow improves to at least $(5M) in Q3 2026.
Worry ifOperating cash flow remains worse than $(5M) in Q3 2026.
Why it matters: New leaders can change company plans and affect how investors feel.
Watch forAppointment of a new CEO with a strong track record in the industry.
Also watch forMore leaders leaving or trouble in leadership roles.
Why it matters: A big drop would show problems with member enrollment and making money.
Worry ifQ3 2026 revenue declines worse than 45% compared to Q3 2025.
Less concerning ifQ3 2026 revenue declines less than 45% YoY or shows growth.
Why it matters: A drop in revenue growth signals a weakening trend in the financial sector. This could hurt eHealth's performance.
Worry ifRevenue growth falls below the median of 15% over the last three years.
Less concerning ifRevenue growth stays at or above the median of 15%.
Why it matters: Maintaining this guidance is crucial after a 45% revenue drop in Q2. It indicates confidence in recovery.
Supportive ifManagement confirms Q3 revenue guidance remains within the $405M-$445M range.
Worry ifManagement revises revenue guidance down from the $405M-$445M range.
Why it matters: Reducing variable spend by over $60M is key to improving financial health. Current progress is also at 40%.
Supportive ifManagement reports cutting variable spend by at least $30M by Q3.
Worry ifVariable spend reduction remains below $30M by Q3.