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CONMED Corporation

CNMD

Last
$44.42
Day
-1.5%
1y
-0.7%
5y
-65.3%
52w
-15.9%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-10-2818d
EMA 21
46.06
EMA 50
45.92
EMA 200
43.77
20d high
-6.5%
5y high
-71.6%
5y range
11th
Website · 3,900 employees · United States

Positions held

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Score
5
Hold
watch
Signal
Neutral
Target
$49.76
Stop
$42.79
Stop distance
3.7%
Target vs last
+12.0%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • CONMED Corporation operates in the medical devices industry, which is experiencing steady growth driven by an aging population and increasing healthcare spending.
  • Revenue increased by 8% compared to the prior quarter, reaching $343 million.
  • Operating margin expanded to 10.6%, indicating improved operational efficiency.
Bear case
  • The company has a high debt-to-equity ratio of 80.109, which may raise concerns about financial stability.
  • Gross margin slightly decreased to 57.5% from 57.9% in the prior quarter.
  • The stock has a trailing P/E ratio of 25.56, suggesting it may be overvalued compared to industry peers.

Fundamentals

Market cap$1.35BEnterprise value$2.15BTrailing P/E24.38Forward P/E9.43
PEG1.84Price / book1.30Beta0.94Dividend yield0.00%
Revenue growth0.3%Earnings growth11.2%Gross margin55.6%Operating margin14.6%
Profit margin4.1%ROE5.5%ROA4.1%Debt / equity0.80
Current ratio1.48Free cash flow$131.36MAnalyst recommendationnoneMean target$45.50
52w high$53.6652w low$31.44

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$343M$317M$373M$338M$342M
Op margin10.6%8.0%9.8%3.5%11.1%
Net income$23.1M$13.8M$16.7M$2.9M$21.4M
Gross margin57.5%57.9%58.5%49.2%55.0%
Gross profit$197M$183M$218M$166M$188M
Operating income$36.4M$25.4M$36.6M$11.9M$38.2M
  • Revenue +8% vs prior quarter ($343M vs $317M).
  • Gross margin 57.5% (was 57.9% prior quarter).
  • Operating margin expanded to 10.6%.

Yearly (6y)

20252024202320222021
Revenue$1.4B$1.3B$1.2B$1.0B—
Op margin7.5%15.3%9.7%6.7%—
Net income$47.1M$132M$64.5M-$80.6M—
Gross margin54.6%56.1%54.3%54.6%—
Gross profit$750M$733M$676M$571M—
Operating income$103M$200M$121M$70.1M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

CNMD · daily-2.3% over 13 sessions
Close EMA21 EMA50 EMA200
43.7644.9346.1147.2948.462026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$93M$187M$280M$373M0%29%58%2025-Q22025-Q32025-Q42026-Q12026-Q2