BrightSpring Health Services (BTSG)

• Market cap: $3.53B
• 1 day: -1.86%
• 5 days: -1.03%
• 1 month: -14.79%
• 3 months: 14.66%
• 6 months: -15.37%
• Year to date: 15.98%
• 1 year: 60.93%
• 5 years: 82.73%
• 10 years: 82.73%
• Sector: Healthcare
• Industry: Health Information Services

About: BrightSpring Health Services Inc is a home and community-based healthcare services platform, focused on delivering complementary pharmacy and provider services to complex patients. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations. Its segments include Pharmacy Solutions, Provider Services and others. It generates the majority of its revenue from the Pharmacy Solutions segment.

Employees: 600

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

130% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 20

38% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 42

18% more funds holding

Funds holding: 137 [Q4 2024] → 162 (+25) [Q1 2025]

5% more capital invested

Capital invested by funds: $3.35B [Q4 2024] → $3.52B (+$162M) [Q1 2025]

2.0% less ownership

Funds ownership: 113.09% [Q4 2024] → 111.09% (-2.0%) [Q1 2025]

14% less call options, than puts

Call options by funds: $904K | Put options by funds: $1.06M

20% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2024] → 4 (-1) [Q1 2025]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $25 24% upside
• Avg. target: $26 29% upside
• High target: $27 34% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Wells Fargo Stephen Baxter	34% upside $27	Overweight Maintained	13 May 2025
Morgan Stanley Erin Wright	24% upside $25	Overweight Maintained	9 May 2025