Clover Health shares surge 10.63% intraday after reporting 53% Medicare Advantage membership growth and first-time 2026 GAAP net income profitability.

Clover Health surged 10.63% intraday after announcing a 53% year-over-year increase in Medicare Advantage membership during the Annual Enrollment Period, expanding to 153,000 members as of January 1, 2026. The company also projected its first-ever full-year GAAP Net Income profitability in 2026, driven by disciplined core-market growth, strong 95% member retention, and improved cohort economics. Enhanced operational efficiencies, favorable CMS rate updates, and a #1-ranked PPO plan on HEDIS metrics further supported the positive outlook. The announcement underscored Clover’s progress in scaling its AI-powered clinical model and achieving financial milestones, aligning with the stock’s sharp intraday rally.