Baxter International (BAX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.58
- Estimate
- $0.52
- Surprise
- +11.9%
- Revenue (period 2026-09-30)
- $2.98B
- Score today
- 5.5/10
Revenue source: xbrl.
How the report landed
Baxter International (BAX) beat the $0.52 estimate with adjusted EPS of $0.58 — a large 11.9% upside surprise.
Coverage in the report window
- Why Is Baxter Stock Trading Lower on Thursday? — benzinga, 2026-10-29
- Baxter Intl Q3 2026 Earnings Call Transcript — benzinga, 2026-10-29
- Baxter Reports Third-Quarter 2026 Results — fiscal.ai, 2026-10-29
Where TrendMatrix's rating stands now
TrendMatrix currently rates BAX Sell at 5.5/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +11.9% surprise compares with a +15.6% four-quarter average.
What argues against it
- Concentration risk — Supplier: single source suppliers
- Quality below floor (3.7 < 4.0)
- Momentum score 4.3/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $23.50
- Price target
- $24.29
- Stop
- $22.53
- Upside to target
- +3.4%
- Reward-to-risk
- 0.4:1
Risk check: trading volume is running 2.4× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
BAX at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Medical Instruments & Supplies
- Market cap
- $12.15B
- P/E (fwd)
- 11.5
- 52-week range
- $15.73–$30.00
- Off 52-week high
- 21.7%
- RSI (14)
- 44
- Volume vs avg
- 2.41×
- Score today
- 5.5/10