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TMDX

TransMedics Group, Inc.

TMDX

NASDAQ·Healthcare·Medical - Devices·Mkt cap $2.3B

$68.29

+0.65%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$60.11 - $156.00

P/E

15.59

Fwd P/E

33.98

Beta

1.88

Div Yield

0.00%

Avg Vol

1.3M

Shares Out

34.3M

Mkt Cap

$2.3B

Price action

Price chart

Down 46.9% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

4 reasons

  • Proprietary warm perfusion technology that extends organ viability beyond traditional cold storage methods
  • Comprehensive multi-organ platform (lung, heart, liver) with significant R&D investment and clinical validation
  • Strong intellectual property portfolio with patents protecting core technology and applications
  • First-mover advantage in commercial organ perfusion systems with established clinical relationships and hospital adoption

Bear Case

2 risks

  • Above-average volatility (beta 1.9).
  • Growth premium of 2.0x vs Medical Devices peers. Elevated but may be justified by growth trajectory.

Growth

Moderate growth ahead

Expanding global organ transplant demand driven by aging populations and end-stage organ failure prevalence

Value

Growth premium of 2.0x vs Medical Devices peers. Elevated but may be justified by growth trajectory.

Momentum

Falling

-32.6% over 3m

Quality

Strong

High-growth business (30% revenue growth, 59% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Recent earnings results

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

Next: May 14, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of $0.30 vs $0.62 consensus (-51.6% surprise). Revenue of $173.9M vs $174.4M expected (-0.3%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-51.6%

Next: May 14, 2026

Revenue trend · last 8Q

+50%

+48%

+38%

+32%

+32%

+21%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$114.3M

$108.8M

$121.6M

$143.5M

$157.4M

$143.8M

$160.8M

$173.9M

Margins · last 8Q

Gross

Operating

Profit

4.2%

Wall Street consensus

8 analysts · 75% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

6

75%

Hold

2

25%

Sell

0%

Median Price Target

$122.00

+78.6% vs $68.29

Low $75.00
Median $122.00
High $142.00

Latest: Stifel · $75.00 · May 26, 2026

5 analysts covering

vs Industry

How TMDX stacks vs Medical - Devices

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

Industry comparison data unavailable for this stock.