DaVita shares jump as Q1 results beat expectations and full-year outlook rises

DaVita Inc. (DVA) is up 19.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to the company’s first-quarter 2026 earnings update released after the prior session, which showed better-than-expected profitability and a higher full-year earnings outlook. The magnitude of the jump suggests investors reacted positively to both the guidance raise and signs that operating performance and capital returns remain strong.

Details:

DaVita’s first-quarter results showed adjusted EPS of $2.87 on revenue of about $3.42 billion, alongside higher year-over-year earnings.

The company lifted its 2026 outlook (including adjusted EPS and adjusted operating income ranges), which can reset expectations for the full year and drive multiple expansion.

DaVita highlighted continued share repurchases, including buybacks during the quarter and additional repurchases through May 5, 2026, supporting per-share earnings power.

This rally could also reflect positioning: a large post-earnings gap higher sometimes follows a quarter that reduces uncertainty around costs, reimbursement dynamics, and cash flow.

Sources:

DaVita Newsroom, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DVA Insider Trading Activity

$DVA insiders have traded $DVA stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $DVA stock by insiders over the last 6 months:

HATHAWAY INC BERKSHIRE has made 0 purchases and 2 sales selling 2,878,856 shares for an estimated $382,804,559.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$DVA Hedge Fund Activity

We have seen 254 institutional investors add shares of $DVA stock to their portfolio, and 317 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,205,195 shares (-90.1%) from their portfolio in Q4 2025, for an estimated $136,922,203
BLACKROCK, INC. removed 649,620 shares (-18.2%) from their portfolio in Q4 2025, for an estimated $73,803,328
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 636,191 shares (+114.9%) to their portfolio in Q4 2025, for an estimated $72,277,659
D. E. SHAW & CO., INC. added 429,555 shares (+566.9%) to their portfolio in Q4 2025, for an estimated $48,801,743
BERKSHIRE HATHAWAY INC removed 401,514 shares (-1.2%) from their portfolio in Q4 2025, for an estimated $45,616,005
STATE STREET CORP removed 396,341 shares (-21.6%) from their portfolio in Q4 2025, for an estimated $45,028,301
MILLENNIUM MANAGEMENT LLC added 394,444 shares (+86.1%) to their portfolio in Q4 2025, for an estimated $44,812,782

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$DVA Government Contracts

We have seen $594,238,283 of award payments to $DVA over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

EXPRESS REPORT: FY 25 1ST QUARTER NDSC - DAVITA: $205,913,750
EXPRESS REPORT: FY 26 NOVEMBER NDSC EXPRESS REPORT: $121,425,309
EXPRESS REPORT: FY 25 2ND QUARTER NDSC EXPRESS REPORT - DAVITA: $73,163,510
EXPRESS REPORT: FY 26 OCTOBER NDSC EXPRESS REPORT: $26,893,447
EXPRESS REPORT: FY 25 AUGUST NDSC EXPRESS REPORT: $26,812,687

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$DVA Analyst Ratings

Wall Street analysts have issued reports on $DVA in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Deutsche Bank issued a "Buy" rating on 05/06/2026

To track analyst ratings and price targets for $DVA, check out Quiver Quantitative's $DVA forecast page.

$DVA Price Targets

Multiple analysts have issued price targets for $DVA recently. We have seen 3 analysts offer price targets for $DVA in the last 6 months, with a median target of $190.0.

Here are some recent targets:

Pito Chickering from Deutsche Bank set a target price of $220.0 on 05/06/2026
Andrew Mok from UBS set a target price of $190.0 on 02/04/2026
Andrew Mok from Barclays set a target price of $158.0 on 02/03/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.