MultiPlan (MPLN) Stock Price, News & Analysis

Company Overview

MultiPlan Corporation operates as a leading provider of cost management and payment integrity solutions for the healthcare industry. The company offers an extensive portfolio of products and services designed to help payers, providers and third-party administrators control medical costs, identify billing discrepancies and improve the accuracy of claims payments. Its core offerings include network access services, claims editing and repricing tools, and advanced analytics platforms that leverage machine learning to uncover inefficiencies and support strategic decision-making.

The company’s network services connect health plans to a broad array of contracted provider networks through proprietary repricing algorithms and data-driven payment protocols. By combining these repricing capabilities with its AI-powered analytics suite, MultiPlan enables clients to detect potential fraud, waste and abuse—helping to safeguard plan integrity while streamlining administrative workflows. Additional solutions include customized reporting, benchmarking data and consulting services to guide operational improvements and support regulatory compliance.

Originally founded in the late 1980s, MultiPlan has undergone multiple ownership transitions, including acquisitions by private equity firms before completing its initial public offering on the New York Stock Exchange under the ticker MPLN. Over the years, the company has broadened its service scope, investing in technology upgrades and strategic partnerships to enhance its analytics infrastructure and expand market reach. As a result, MultiPlan has become one of the most established players in the healthcare cost containment space.

Serving a diverse client base across the United States, MultiPlan collaborates with national and regional health plans, employers, government agencies and managed care organizations. Headquartered in New York, the company maintains additional offices in key metropolitan centers to support its operations and client engagement activities. MultiPlan’s executive leadership team combines deep industry experience and technical expertise to drive innovation in cost management and position the company for continued growth.

Key Stats

• Today's Range: $42.36 to $45.94
• 50-Day Range: $20.28 to $45.43
• 52-Week Range: $4.80 to $29.84
• Volume: 64,120 shs
• Average Volume: 116,920 shs
• Market Capitalization: $734.65 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $26.25
• Consensus Rating: Hold

MultiPlan Stock Analysis - MarketRank™

MultiPlan scored higher than 4% of companies evaluated by MarketBeat, and ranked 919th out of 929 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

MultiPlan has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

MultiPlan has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for MultiPlan are expected to decrease in the coming year, from ($6.84) to ($8.08) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MultiPlan is -0.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MultiPlan is -0.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

MultiPlan has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MPLN.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MultiPlan does not currently pay a dividend.

Dividend Growth

MultiPlan does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MPLN.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

MarketBeat Follows

Only 1 people have added MultiPlan to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MultiPlan insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.00% of the stock of MultiPlan is held by insiders.

Percentage Held by Institutions

87.15% of the stock of MultiPlan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MPLN Stock Analysis - Frequently Asked Questions

How have MPLN shares performed this year?

MultiPlan's stock was trading at $14.78 on January 1st, 2025. Since then, MPLN shares have increased by 207.4% and is now trading at $45.43.

How were MultiPlan's earnings last quarter?

MultiPlan Co. (NYSE:MPLN) issued its quarterly earnings results on Thursday, August, 1st. The company reported ($1.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.60) by $0.40. The business had revenue of $233.48 million for the quarter, compared to analysts' expectations of $253.59 million. MultiPlan had a negative trailing twelve-month return on equity of 12.14% and a negative net margin of 163.30%.
Read the conference call transcript.

When did MultiPlan's stock split?

Shares of MultiPlan reverse split before market open on Monday, September 23rd 2024.The 1-40 reverse split was announced on Tuesday, September 10th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 20th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of MultiPlan?

Shares of MPLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of MultiPlan own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MultiPlan investors own include Organigram Global (OGI), Ford Motor (F), NVIDIA (NVDA), Lucid Group (LCID), ChargePoint (CHPT) and i3 Verticals (IIIV).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 7/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NYSE:MPLN
• CIK: 1793229
• Web: www.multiplan.us
• Phone: 212-780-2000
• Fax: N/A
• Employees: 170
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.25
• High Stock Price Target: $40.00
• Low Stock Price Target: $12.50
• Potential Upside/Downside: -42.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($101.54)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$91.70 million
• Net Margins: -163.30%
• Pretax Margin: -171.48%
• Return on Equity: -12.14%
• Return on Assets: -1.84%

Debt

• Debt-to-Equity Ratio: 21.73
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $930.62 million
• Price / Sales: 0.79
• Cash Flow: $27.70 per share
• Price / Cash Flow: 1.64
• Book Value: $105.45 per share
• Price / Book: 0.43

Miscellaneous

• Outstanding Shares: 16,171,000
• Free Float: 14,877,000
• Market Cap: $734.65 million
• Optionable: Optionable
• Beta: 0.13