Upgrade

Merit Medical Systems, Inc.

MMSI

Last
$87.21
Day
+2.3%
1y
+3.4%
5y
+20.9%
52w
-10.0%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-10-2918d
EMA 21
86.35
EMA 50
85.11
EMA 200
80.09
20d high
-4.1%
5y high
-23.5%
5y range
57th
Website · 7,500 employees · United States

Positions held

Your positions

MMSI isn't in your positions.

Add it to see shares, cost, and P&L here.

Score
4
Hold
watch
Signal
Neutral
Target
$90.98
Stop
$82.38
Stop distance
5.5%
Target vs last
+4.3%

Bull / bear case

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

Bull case
  • Merit Medical Systems operates in a growing healthcare sector, focusing on innovative medical instruments and supplies that cater to increasing global healthcare demands.
  • Revenue increased by 10% compared to the prior quarter, reaching $419 million.
  • Gross margin improved to 51.4%, up from 48.4% in the previous quarter.
Bear case
  • The company's current market cap of approximately $5.07 billion may face pressure from increasing competition in the medical instruments industry.
  • The trailing P/E ratio is 34.96, indicating that the stock may be overvalued compared to its earnings growth.
  • The overall score remains neutral at 2.00, with bearish indicators such as a declining MACD and falling relative strength.

Fundamentals

Market cap$5.09BEnterprise value$5.46BTrailing P/E35.08Forward P/E18.49
PEG1.54Price / book3.03Beta0.51Dividend yield0.00%
Revenue growth9.5%Earnings growth20.4%Gross margin49.5%Operating margin14.5%
Profit margin9.2%ROE9.2%ROA4.9%Debt / equity0.49
Current ratio4.20Free cash flow$173.90MAnalyst recommendationbuyMean target$101.45
52w high$94.7552w low$59.74

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$419M$382M$394M$384M$382M
Op margin14.5%11.5%13.7%11.1%12.3%
Net income$38.8M$41.0M$38.0M$27.8M$32.6M
Gross margin51.4%48.4%49.6%48.5%48.2%
Gross profit$215M$185M$195M$186M$184M
Operating income$60.5M$44.0M$54.0M$42.6M$47.0M
  • Revenue +10% vs prior quarter ($419M vs $382M).
  • Gross margin 51.4% (was 48.4% prior quarter).
  • Operating margin expanded to 14.5%.

Yearly (6y)

20252024202320222021
Revenue$1.5B$1.4B$1.3B$1.2B—
Op margin12.3%11.5%10.1%8.8%—
Net income$128M$120M$94.4M$74.5M—
Gross margin48.7%47.4%46.4%45.1%—
Gross profit$738M$643M$584M$519M—
Operating income$186M$156M$127M$101M—
Headline scan

No flags

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

News

MMSI · daily-2.3% over 13 sessions
Close EMA21 EMA50 EMA200
83.6985.0686.4287.7889.152026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$105M$209M$314M$419M0%26%51%2025-Q22025-Q32025-Q42026-Q12026-Q2