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MMSI

Merit Medical Systems, Inc.

MMSI

NASDAQ·Healthcare·Medical - Instruments & Supplies·Mkt cap $5.4B

$89.54

-1.10%

P/E

36.85

Mkt Cap

$5.4B

52-Wk Range

$59.74–$94.75

52-Week Range

$59.74 - $94.75

P/E

36.85

Fwd P/E

20.81

Beta

0.48

Div Yield

0.00%

Avg Vol

884.8K

Shares Out

59.6M

Mkt Cap

$5.4B

Price action

Price chart

Down 0.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Established distribution network with direct sales force, distributors, and OEM partnerships across US and international markets
  • Specialized expertise in single-use medical device design and manufacturing for complex interventional procedures
  • Diversified product portfolio across multiple high-growth medical specialties reduces customer concentration risk
  • Custom procedural solutions capability enables long-term hospital partnerships and switching costs
  • Recurring revenue model from consumable products used in routine clinical procedures

Bear Case

1 risk

  • Low volatility (beta 0.5).

Growth

Stable outlook

Aging global population driving increased demand for minimally invasive cardiac and vascular interventions

Value

Fairly valued vs Medical Devices peers

Momentum

Hot

+44.8% over 3m

Quality

Strong

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $1.19 vs $0.96 consensus (+24.1% surprise). Revenue of $418.8M vs $405.2M expected (+3.4%). Beat on both top and bottom lines.

EPS beat +24.1%
Rev beat +3.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+24.1%

Revenue trend · last 8Q

+10%

+10%

+13%

+13%

+11%

+8%

+10%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$339.8M

$355.2M

$355.4M

$382.5M

$384.2M

$393.9M

$382.4M

$418.3M

Margins · last 8Q

Gross

51.5%

Operating

14.4%

Profit

9.3%

Wall Street consensus

9 analysts · 78% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

7

78%

Hold

2

22%

Sell

0%

Median Price Target

Latest: Bank of America · Aug 12, 2026

vs Industry

How MMSI stacks vs Medical - Instruments & Supplies

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.