Henry is signing a two-year contract with the Ravens, Adam Schefter of ESPN reports.
Henry doesn't seem likely to stay with the Titans, though GM Ran Carthon suggested Tuesday that the team will at least have conversations about re-signing the running back, ESPN's Turron Davenport reports.
New Titans coach Brian Callahan suggested Friday that he'd like to work with Henry, who is scheduled for unrestricted free agency this offseason, Turron Davenport of ESPN.com reports. "A player like [Henry' fits into any offense," Callahan said. "If he's open to a return, that fits for us. I'm never going to reject good players. "
Henry rushed the ball 19 times for 153 yards and a touchdown in Sunday's 28-20 win over Jacksonville.
Henry rushed the ball 12 times for 42 yards in Sunday's 26-3 loss to the Texans. He was targeted once but did not record a catch.
Henry had 19 carries for 88 yards with a touchdown and one reception for 11 yards against Seattle on Sunday. He also completed his only pass attempt for a 12-yard touchdown in the 20-17 loss.
Henry rushed the ball 16 times for nine yards in Sunday's 19-16 loss to the Texans. He added four receptions on four targets for one yard.
Henry was limited at practice Thursday for rest purposes, Jim Wyatt of the Titans' official site reports.
Titans head coach Mike Vrabel said Monday that Henry is not in concussion protocol, John Glennon of NashvillePost.com reports.
Henry was placed in the league's concussion protocol following a Week 13 loss to the Colts, Adam Schefter of ESPN reports.