MOH

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To be removed from S&P 500 on March 23; exits Medicare Advantage by 2027; EPS guided >$5

Molina Healthcare will be removed from the S&P 500 and moved to the SmallCap 600 before market open on March 23, 2026, following a deteriorating market cap. The company announced plans to exit Medicare Advantage by 2027 and focus on Medicaid and Marketplace, while guiding 2026 premium revenue of $42B and adjusted EPS of at least $5. Q4 2025 showed an adjusted loss of $2.75 per share vs a $0.28 forecast miss, though revenue of $11.38B beat expectations; Morgan Stanley cut its target to $128 from $158.