Analysts’ Recent Ratings Updates for UnitedHealth Group (UNH)

A number of research firms have changed their ratings and price targets for UnitedHealth Group (NYSE: UNH):

• 7/21/2026 – UnitedHealth Group was given a new $512.00 price target by BMO Capital Markets.
• 7/21/2026 – UnitedHealth Group was given a new $512.00 price target by DA Davidson.
• 7/21/2026 – UnitedHealth Group had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 7/21/2026 – UnitedHealth Group had its price target raised by JPMorgan Chase & Co. from $466.00 to $516.00. They now have an “overweight” rating on the stock.
• 7/20/2026 – UnitedHealth Group had its price target raised by Mizuho from $470.00 to $493.00. They now have an “outperform” rating on the stock.
• 7/20/2026 – UnitedHealth Group had its “buy” rating reaffirmed by Bank of America Corporation.
• 7/20/2026 – UnitedHealth Group had its price target raised by Barclays PLC from $429.00 to $441.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by Morgan Stanley from $468.00 to $529.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by Oppenheimer Holdings, Inc. from $420.00 to $500.00. They now have an “outperform” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by Royal Bank Of Canada from $463.00 to $478.00. They now have an “outperform” rating on the stock.
• 7/17/2026 – UnitedHealth Group had its price target raised by UBS Group AG from $460.00 to $490.00. They now have a “buy” rating on the stock.
• 7/16/2026 – UnitedHealth Group was given a new $477.00 price target by Piper Sandler.
• 7/16/2026 – UnitedHealth Group was upgraded by Robert W. Baird from “underperform” to “neutral”. They now have a $453.00 price target on the stock, up from $287.00.
• 7/14/2026 – UnitedHealth Group had its price target raised by TD Cowen from $337.00 to $430.00. They now have a “hold” rating on the stock.
• 7/14/2026 – UnitedHealth Group had its price target raised by Truist Financial Corporation from $440.00 to $480.00. They now have a “buy” rating on the stock.
• 7/14/2026 – UnitedHealth Group had its price target raised by KeyCorp from $400.00 to $475.00. They now have an “overweight” rating on the stock.
• 7/13/2026 – UnitedHealth Group was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/13/2026 – UnitedHealth Group had its price target raised by Wells Fargo & Company from $397.00 to $485.00. They now have an “overweight” rating on the stock.
• 7/10/2026 – UnitedHealth Group was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 7/9/2026 – UnitedHealth Group had its price target raised by Royal Bank Of Canada from $400.00 to $463.00. They now have an “outperform” rating on the stock.
• 7/6/2026 – UnitedHealth Group had its price target raised by HSBC Holdings plc from $300.00 to $380.00. They now have a “hold” rating on the stock.
• 6/30/2026 – UnitedHealth Group had its price target raised by Morgan Stanley from $453.00 to $468.00. They now have an “overweight” rating on the stock.
• 6/24/2026 – UnitedHealth Group had its price target raised by Bank of America Corporation from $450.00 to $475.00. They now have a “buy” rating on the stock.
• 6/23/2026 – UnitedHealth Group had its “outperform” rating reaffirmed by Sanford C. Bernstein.
• 6/22/2026 – UnitedHealth Group had its “buy” rating reaffirmed by TD Cowen.
• 6/17/2026 – UnitedHealth Group had its price target raised by Leerink Partners from $400.00 to $462.00. They now have an “outperform” rating on the stock.
• 6/11/2026 – UnitedHealth Group had its “overweight” rating reaffirmed by Cantor Fitzgerald.
• 6/8/2026 – UnitedHealth Group had its price target raised by Mizuho from $440.00 to $460.00. They now have an “outperform” rating on the stock.
• 6/8/2026 – UnitedHealth Group had its price target raised by JPMorgan Chase & Co. from $420.00 to $466.00. They now have an “overweight” rating on the stock.
• 6/4/2026 – UnitedHealth Group had its price target raised by Morgan Stanley from $395.00 to $453.00. They now have an “overweight” rating on the stock.
• 6/4/2026 – UnitedHealth Group was upgraded by Bank of America Corporation from “neutral” to “buy”. They now have a $450.00 price target on the stock, up from $420.00.
• 6/1/2026 – UnitedHealth Group had its price target raised by Truist Financial Corporation from $395.00 to $440.00. They now have a “buy” rating on the stock.
• 5/27/2026 – UnitedHealth Group was given a new $492.00 price target by HC Wainwright.
• 5/27/2026 – UnitedHealth Group had its price target raised by Sanford C. Bernstein from $444.00 to $492.00. They now have an “outperform” rating on the stock.
• 5/26/2026 – UnitedHealth Group had its price target raised by Barclays PLC from $373.00 to $429.00. They now have an “overweight” rating on the stock.

UnitedHealth Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Monday, June 15th were given a dividend of $2.32 per share. The ex-dividend date was Monday, June 15th. This is a positive change from UnitedHealth Group’s previous quarterly dividend of $2.21. This represents a $9.28 dividend on an annualized basis and a dividend yield of 2.2%. UnitedHealth Group’s dividend payout ratio (DPR) is 59.72%.

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company’s benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.