Class Action Filed Against Ardent Health, Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Should l Buy ARDT?
Source: Globenewswire
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Ardent Health and certain officers, seeking damages for investors who purchased Ardent securities between July 18, 2024, and November 12, 2025, highlighting serious concerns over the company's financial transparency.
- Allegations of Financial Misrepresentation: The complaint alleges that Ardent Health overstated its third-quarter 2025 revenue due to overly optimistic assessments following the transition to a new revenue accounting system, which could undermine investor confidence and affect future financing capabilities.
- EBITDA Guidance Downgrade: The lawsuit claims that Ardent's 2025 EBITDA guidance was overstated and will be reduced by $57.5 million at the midpoint, approximately 9.6%, reflecting persistent industry-wide cost pressures that may lower investor expectations regarding the company's future profitability.
- Investor Action Recommendations: Affected investors are advised to apply for lead plaintiff status by March 9, 2026, with the law firm operating on a contingency fee basis, indicating potential recovery opportunities for investors suffering losses.
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Analyst Views on ARDT
Wall Street analysts forecast ARDT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARDT is 13.73 USD with a low forecast of 10.00 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
8 Buy
4 Hold
1 Sell
Moderate Buy
Current: 8.980
Low
10.00
Averages
13.73
High
17.00
Current: 8.980
Low
10.00
Averages
13.73
High
17.00
About ARDT
Ardent Health, Inc., formerly Ardent Health Partners, Inc., is a provider of healthcare in mid-sized urban communities across the United States. Through its subsidiaries, the Company delivers care through a system of 30 acute care hospitals and approximately 280 sites of care with over 1,800 affiliated providers across six states. It provides both general and specialty services, including internal medicine, general surgery, cardiology, oncology, orthopedics, women’s services, neurology, urology, and emergency services, within inpatient and ambulatory care settings. In addition to its 30 acute care hospitals, it operates a network of ambulatory facilities and telehealth services, including primary care and specialty care clinics, ambulatory surgery centers (ASCs), urgent care centers, free-standing emergency departments, and diagnostic imaging centers. It operates a consumer-centric healthcare platform focused on creating relationships with its patients across multiple care settings.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Financial Performance Decline: Ardent Health reported a $43 million revenue decrease in its Q3 2025 financial results, primarily due to a negative revision of the collectability of certain accounts receivable, which directly impacts the company's financial health and investor confidence.
- Increased Liability Reserves: The company reported a $54 million increase in professional liability reserves due to settlements and ongoing litigations from 2019 to 2022 in New Mexico, which not only burdens the company's finances but may also affect future profitability.
- Stock Price Plunge: On November 13, 2025, Ardent's stock price fell by $4.75, or 33.8%, closing at $9.30 per share, significantly harming investor interests and reflecting market pessimism regarding the company's outlook.
- Lawsuit Allegations: The class action lawsuit alleges that Ardent made materially false and misleading statements throughout the class period, failing to disclose the true methods of assessing the collectability of accounts receivable, leading to investor misunderstandings about the company's operations and prospects, potentially exposing it to greater legal risks.
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- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Ardent Health and certain officers, seeking damages for investors who purchased Ardent securities between July 18, 2024, and November 12, 2025, highlighting serious concerns over the company's financial transparency.
- Allegations of Financial Misrepresentation: The complaint alleges that Ardent Health overstated its third-quarter 2025 revenue due to overly optimistic assessments following the transition to a new revenue accounting system, which could undermine investor confidence and affect future financing capabilities.
- EBITDA Guidance Downgrade: The lawsuit claims that Ardent's 2025 EBITDA guidance was overstated and will be reduced by $57.5 million at the midpoint, approximately 9.6%, reflecting persistent industry-wide cost pressures that may lower investor expectations regarding the company's future profitability.
- Investor Action Recommendations: Affected investors are advised to apply for lead plaintiff status by March 9, 2026, with the law firm operating on a contingency fee basis, indicating potential recovery opportunities for investors suffering losses.
See More
- Lawsuit Background: Hagens Berman is investigating a securities class action against Ardent Health (NYSE: ARDT), with a lead plaintiff deadline of March 9, 2026, involving misleading statements by the company and its executives.
- Financial Transparency Issues: Ardent is accused of misleading investors about its revenue recognition systems, claiming to use 'detailed reviews of historical collections' while actually employing a '180-day cliff' method, which inflated receivables during the Class Period.
- Massive Reserve Increase: In November 2025, Ardent admitted to a $54 million increase in professional liability reserves, leading to a nearly 34% stock price crash, highlighting deficiencies in the company's insurance and reserves, which exacerbated investor concerns.
- Significant Revenue Slash: On November 12, 2025, Ardent revealed a transition to a new accounting method that forced a $42.6 million revenue cut, raising questions about the company's financial health and future profitability.
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- Lawsuit Background: Bleichmar Fonti & Auld LLP has filed a class action against Ardent Health and its executives for securities fraud, leading to a significant stock drop that reflects investor concerns over the company's financial transparency and compliance with federal securities laws.
- Stock Price Plunge: On November 12, 2025, Ardent Health revealed a $43 million revenue decrease due to hindsight evaluations, causing its stock price to plummet from $14.05 to $9.30, a drop of over 33%, indicating a severe loss of market confidence in its financial health.
- Financial Misconduct Allegations: The lawsuit claims that Ardent Health misrepresented its reliance on “detailed reviews of historical collections” for assessing account collectability, instead using a 180-day cliff, which inflated reported receivables and delayed loss recognition on uncollectable accounts, potentially harming investors.
- Legal Implications: Investors have until March 9, 2026, to apply to lead the case, and a favorable outcome could have significant repercussions for Ardent Health's management and financial reporting, further impacting its market reputation and shareholder trust.
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- Deadline for Claims: Investors are reminded to file lead plaintiff applications for the class action lawsuit against Ardent Health by March 9, 2026, concerning securities purchased between July 18, 2024, and November 12, 2025, highlighting significant economic loss risks for affected investors.
- Financial Disclosure Issues: On November 12, 2025, Ardent disclosed a $43 million revenue decrease for Q3 2025 due to adjustments in its new revenue accounting system and evaluations of historical collection trends, indicating serious transparency issues that could undermine investor confidence.
- Earnings Guidance Cut: The company revised its 2025 EBITDA guidance down to a midpoint of $57.5 million, a reduction of approximately 9.6% from the previous range of $575 million to $625 million, reflecting persistent industry-wide cost pressures that may affect future investment attractiveness.
- Stock Price Plunge Impact: Following the negative financial disclosures, Ardent's stock price plummeted from $14.05 to $9.30 per share, a nearly 34% drop, indicating strong market concerns about the company's financial health and potentially prompting more investors to seek legal recourse.
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- Lawsuit Update: Hagens Berman law firm issues a notice to Ardent Health (NYSE: ARDT) investors regarding the March 9, 2026, lead plaintiff deadline in a pending securities class action involving the company and its executives.
- Financial Misleading Allegations: Ardent Health is accused of misleading investors about its revenue recognition systems and the adequacy of its professional liability reserves, as the company admitted in November 2025 to using a '180-day cliff' method despite earlier assurances of detailed historical reviews.
- Stock Price Collapse: Following a massive $54 million increase in professional liability reserves, Ardent Health's stock plummeted by 33%, reflecting severe market concerns about the company's financial health and transparency.
- Investor Action: Hagens Berman is investigating whether Ardent's claimed active monitoring of receivables was merely a facade for a mechanical write-off system, and investors are encouraged to contact the firm for more information and to participate in the lawsuit.
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