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ESTAEstablishment Labs Holdings IncSell5.3·$83.25+1.35%
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Establishment Labs Holdings Inc (ESTA) Stock Analysis

Breakout setup

SellVALUE-TRAP 1/5Moderate Confidence

Healthcare · Medical Devices

Sell if holding. Engine safety override at $83.25: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: High short interest: 16%; Below-average business quality; Rich valuation.

Establishment Labs develops and commercializes Motiva silicone gel-filled breast implants for augmentation and reconstruction, registered in 100+ countries including the U.S. (FDA PMA approved September 2024). Revenue is predominantly from Motiva Implant sales; newer products... Read more

$83.25+1.2% A.UpsideScore 5.3/10#25 of 40 Medical Devices
QualityF-score5 / 9FCF yield-1.15%
Stop $77.42Target $84.28(resistance)A.R:R -0.4:1
Analyst target$90.11+8.2%9 analysts
$84.28our TP
$83.25price
$90.11mean
$76
$100

Sell if holding. Engine safety override at $83.25: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: High short interest: 16%; Below-average business quality; Rich valuation. Chart setup: Golden cross, above all MAs, RSI 66, MACD bullish. Score 5.3/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 52d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Establishment Labs Holdings Inc

About Establishment Labs Holdings Inc

Motiva Implants—Establishment Labs' line of silicone gel-filled breast implants launched commercially in October 2010—received FDA PMA approval in September 2024, the first such approval for a new breast implant since 2013, enabling U.S. commercial sales that began in October 2024. The Motiva portfolio is registered in over 100 countries and includes five product families spanning Round, Ergonomix, Ergonomix2, Anatomical TrueFixation, and Flora Tissue Expander variants, with a catalog exceeding 1,000 product variations.

Establishment Labs generates the majority of revenue from Motiva Implant unit sales to surgeons and hospitals, distributed through exclusive country-level distributors and a direct sales force. The company introduced Preservé—a minimally invasive tissue-preserving augmentation technology—in Brazil in February 2025, with additional country launches through 2025 and a full U.S. launch planned for 2026. The Mia Femtech procedure system, which enables breast augmentation under local anesthesia through smaller incisions, has been offered in multiple countries since April 2023. Competitors in the U.S. market include Sientra, Allergan, and Mentor—the only three competitor companies currently approved to market silicone breast implants in the United States—and Motiva's 5-year IDE study data reports lower capsular contracture and rupture rates versus published 10-year data from those peers.

Show full overview

The company discloses reliance on a single-source, third-party supplier for medical-grade long-term implantable silicone, the primary raw material across all Motiva product families. Any interruption to this supply or price increase could weigh on manufacturing of all five product families simultaneously. An inventory funding agreement signed in May 2025 with RTW Investments to finance silicone raw material purchases—with two $5 million tranches drawn in June and September 2025—reflects the capital management demands of this single-input dependency.

See also: Healthcare · Medical Devices

From Establishment Labs Holdings Inc's most recent 10-K filing, extracted June 10, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-15

Recent Developments — Establishment Labs Holdings Inc

Generated 2026-06-17T09:02:26Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202652d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Supplier: single-source medical-grade silicone supplier
Target reached (-5.8% upside)
Risk below floor (2.8 < 3.0)

Key Metrics

P/E (TTM)
P/E (Fwd)1095.2
Mkt Cap$2.4B
EV/EBITDA-138.5
Profit Mgn-19.1%
ROE-164.0%
Rev Growth44.7%
Beta1.11
DividendNone
Rating analysts15

Quality Signals

Piotroski F5/9MoatNarrow

Options Flow

P/C1.17bearish
IV94%elevated
Max Pain$90+8.1% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHSuppliersingle-source medical-grade silicone supplier
    10-K Item 1A: 'We rely on a single-source, third-party supplier for medical-grade long-term implantable silicone, which is the primary raw material used in our Motiva Implants.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
0.5
Quality Rank
0.8
Growth Rank
9.8
Industry growth leader

Volatile — 5.9% daily ATR makes tight stops impractical. Position-size conservatively.static

Volatility
0.0
Implied Vol
0.0
Debt Equity
0.0
Short Interest
1.9
Days To Cover
3.1
Max Pain Risk
5.0
Put Call
5.5
Beta
6.6
High short interest justified: 16%High IV: 94%Concentration risks: 1 HIGH (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
3.1
Analyst Target
4.0
Low model confidence on this dimension (33%).
GatesA.R:R -0.4=NEGATIVEMomentum 5.0<5.5 (soft — BUY_NOW allowed but watch)Momentum 5.0>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 52d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
66 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $64.49Resistance $86.00

Price Targets

$77
$84
A.Upside+1.2%
A.R:R-0.4:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-5.8% upside)
! Risk below floor (2.8 < 3.0)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-06 (52d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ESTA stock a buy right now?

Sell if holding. Engine safety override at $83.25: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: High short interest: 16%; Below-average business quality; Rich valuation. Chart setup: Golden cross, above all MAs, RSI 66, MACD bullish. Prior stop was $77.42. Score 5.3/10, moderate confidence.

What is the ESTA stock price target?

Take-profit target: $84.28 (+1.2% upside). Prior stop was $77.42. Stop-loss: $77.42.

What are the risks of investing in ESTA?

Concentration risk — Supplier: single-source medical-grade silicone supplier; Target reached (-5.8% upside); Risk below floor (2.8 < 3.0).

Is ESTA overvalued or undervalued?

Establishment Labs Holdings Inc trades at a P/E of N/A (forward 1095.2). TrendMatrix value score: 3.6/10. Verdict: Sell.

What do analysts say about ESTA?

15 analysts cover ESTA with a consensus score of 4.2/5. Average price target: $90.

What does Establishment Labs Holdings Inc do?Establishment Labs develops and commercializes Motiva silicone gel-filled breast implants for augmentation and...

Establishment Labs develops and commercializes Motiva silicone gel-filled breast implants for augmentation and reconstruction, registered in 100+ countries including the U.S. (FDA PMA approved September 2024). Revenue is predominantly from Motiva Implant sales; newer products include Mia Femtech (minimally invasive augmentation) and Preservé.

Related stocks: GMED (Globus Medical, Inc.) · PODD (Insulet Corporation) · IRTC (iRhythm Holdings, Inc.) · MASI (Masimo Corporation) · LIVN (LivaNova PLC)
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