Agilon Health (AGL)
Enables primary-care groups to run Medicare-focused risk-bearing care models.
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Helps community primary-care groups move Medicare senior care into value-based arrangements, mainly through Medicare Advantage capitation. The model combines the agilon platform, long-term physician partnerships, and a physician network, with revenue tied to payor contracts and federal healthcare programs.
Partners with community-based primary-care physician groups in the United States, forming local risk-bearing entities that contract with Medicare Advantage payors. The operating model centers on the agilon platform, long-term physician partnerships, and the agilon network.
Provides technology, people, process, and capital so physician partners can identify care gaps, integrate with payors, and manage quality and cost outcomes. Medical services revenue comes mainly from capitation arrangements for attributed Medicare Advantage members.
Also participates in CMS ACO Models through equity-method investments, while most consolidated revenue remains Medicare Advantage-linked. The business depends on payor contracts, CMS payment rates, risk adjustment, member attribution, claims data, and physician partners' execution under value-based care arrangements.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | Bernstein | Upgrade | Target: — | Target: $125 |
| Sep 15, 2026 | RBC Capital | Target | Target: — | Target: $125 |
| Aug 11, 2026 | Wells Fargo | Reiterate | Rating: —Target: $141 | Target: $146 |
| Aug 11, 2026 | Citigroup | Upgrade | ||
| Aug 10, 2026 | Citigroup | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $185.6M · Total debt $33.4M · Total assets $1.59B · Shareholders' equity $227.5M
- Revenue
- $1.49B
- Operating income
- $11.8M
- Net income
- $18.0M
No dividends on record.
| Institutions | ≈ 97.20% | 16.32M shares | |
|---|---|---|---|
| 193 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 5.84% | 980.6K shares | |
| 13 holders · as of Aug 18, 2026 | |||
| Adds to | 103.04% | ||
16.79M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.
These groups come from separate filings that can overlap, so they add to 103.04%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Clayton, Dubilier & Rice, LLCInstitution | 23.82% | 4.00M | as of Jun 30, 2026 |
Morgan StanleyInstitution | 11.98% | 2.01M | as of Jun 30, 2026 |
North Peak Capital Management, LLCInstitution | 8.84% | 1.49M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 6.83% | 1.15M | as of Jun 30, 2026 |
AQR Capital Management LLCInstitution | 4.12% | 692,541 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 2, 2026 | Benjamin Shaker | officer: Chief Markets Officer | +500,000 | $0.6021 |
| Nov 12, 2025 | John William Wulf | director | +81,000 | $0.6289 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Agilon Health | $83.44 | −3.92% | $1.45B | — | — | 0.2 | +7.2% |
| UnitedHealth Group | $368.47 | −1.20% | $338.69B | 24.0 | 17.3 | 0.8 | +0.4% |
| CVS Health | $85.99 | −1.27% | $111.13B | 23.0 | 10.6 | 0.3 | +7.3% |
| Humana | $371.06 | −0.23% | $44.66B | 35.2 | 30.1 | 0.3 | +26.2% |
| Astrana Health | $33.12 | −5.67% | $1.74B | 42.9 | 20.0 | 0.5 | +48.5% |
| Privia Health | $19.12 | −1.75% | $2.45B | 89.7 | 49.7 | 1.0 | +21.4% |
| Alignment Healthcare | $7.72 | −3.44% | $1.66B | 42.8 | 27.9 | 0.4 | +31.6% |
| P3 Health Partners | $7.42 | −1.33% | $24.6M | — | — | 0.0 | +8.6% |
| Evolent | $3.67 | −3.55% | $427.4M | — | 10.9 | 0.2 | +46.9% |
| Median | 39.0 | 20.0 | 0.3 | +23.8% |