Chip Stock InvestorPublished 2026-09-03
“Why Oscar Health's 'Great Quarter' Isn't What It Looks Like”
$OSCRBearish
OSCR is not cheap and not a buy; FCF is misleading for insurers as funds are not permanently retained.
Oscar Health, which is a health insurance company, had a really great quarter. They've got fantastic revenue. Their subscriber base is growing. Free cash flow is positive. Everything looks great.
How do you run a reverse DCF on that company? What terminal rate would you use for a company like this? And so that got us thinking about how we would go about looking at this.