---
title: "P3 Health Partners (PIII) Stock Surges Over 42% After Hours: Here's Why"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286514799.md"
description: "P3 Health Partners Inc. (NASDAQ: PIII) shares surged 42.68% after hours to $5.75 following its Q1 2026 financial results. The company reported an EPS of -$1.72, beating expectations of -$3.28. Revenue increased 4% year-over-year to $386 million, with a 14% rise in per-member revenue. Adjusted EBITDA was $25.8 million, and net income improved to $3 million from a $44.2 million loss last year."
datetime: "2026-05-15T05:30:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286514799.md)
  - [en](https://longbridge.com/en/news/286514799.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286514799.md)
---

# P3 Health Partners (PIII) Stock Surges Over 42% After Hours: Here's Why

**P3 Health Partners Inc. ( PIII )** shares surged 42.68% to $5.75 in after-hours trading on Thursday after the Nevada-based population health management company posted first-quarter 2026 results, reporting earnings per share of negative $1.72, beating analyst estimates of negative $3.28 by 47.56%.

This marks a stark turnaround from the fourth quarter reported in March, when EPS was negative $23.02, missing estimates by 182.11%.

## Sharp Reversal From Year-Ago Loss

P3 Health’s revenue for the quarter ended Mar. 31 rose 4% year-over-year to $386 million, while per-member revenue surged 14%, driven by contract restructuring and rate improvements. Adjusted EBITDA came in at $25.8 million, or $81 per member per month.

Net income of the company was $3 million compared to a $44.2 million net loss in the year-ago quarter.

## Raised Guidance

CEO **Dr. Aric Coffman** credited “two years of deliberate work” in contract restructuring, network concentration, and operational redesign for the turnaround, raising the full-year 2026 adjusted EBITDA guidance midpoint to $40 million.

P3 Health ( PIII ) provided full-year 2026 guidance calling for total revenues of $1.50 billion to $1.65 billion and adjusted EBITDA of $20 million to $60 million.

## Trading Metrics, Technical Analysis

P3 Health ( PIII ) has a market capitalization of $29.17 million, a 52-week high of $11.30 and a 52-week low of $1.52.

The Relative Strength Index (RSI) of PIII stands at 71.93.

The small-cap stock has dropped 51.45% over the past 12 months.

PIII is currently trading at about 26% of its 52-week range, placing it closer to its 52-week low than its high.

**Price Action:** P3 Health ( PIII ) closed the regular session up 12.89% at $4.03, according to Benzinga Pro.

**Benzinga’s Edge Stock Rankings** indicate that PIII is experiencing long-term consolidation along with medium and short-term upward movement.

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_Photo Courtesy: abunuh051992 on Shutterstock.com_

**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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