Earnings MissThe stock was cut roughly in half as agilon reported a wide 2Q miss, suspended full year 2025 guidance, and announced that CEO Steven Sell had stepped down.
Leadership ChangesCEO Steve Sell stepped down, and AGL is searching for a permanent replacement.
Margin PressuresAGL is being downgraded to Market-Perform due to worse-than-expected margin pressures during 2024 and continued pressure during 2025.