Oscar Health Inc (NYSE:OSCR) shares gained 11.75% on Monday and rose another 0.77% in after-hours trading.

Oscar Health shares closed at $27.39 on Monday and were trading at $27.60 in after-hours trading.

The move came after Oscar Health management highlighted favorable operating trends at the Goldman Sachs 47th Annual Global Healthcare Conference.

Chief Financial Officer Scott Blackley said 2026 was off to a "very strong start," cited favorable utilization trends through May and noted that the final 2025 Wakely report came in $130 million better than the company's first-quarter assumptions.

The healthcare technology company provides health insurance plans, technology services and healthcare marketplace solutions through its proprietary platform.