Merit Medical Systems (MMSI) Q2 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
Key numbers
- Reported EPS
- $1.19
- Estimate
- $0.96
- Surprise
- +24.0%
- Revenue (period 2026-06-30)
- $418.8M
- Score at report (before → after)
- 6.0 → 6.3/10
Revenue source: xbrl.
How the report landed
Merit Medical Systems (MMSI) beat the $0.96 estimate with diluted EPS of $1.19 — a large 24.0% upside surprise. TrendMatrix's engine moved from Hold (6.0/10) to Buy (Wait) at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MMSI Hold at 5.5/10.
4 of the last 4 quarters beat the estimate; this quarter's +24.0% surprise compares with a +14.2% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Healthcare): +0.5
- Strong earnings beat streak (4/4)
What argues against it
- Analyst target reached - limited upside remaining
- Negative momentum
- Target reached (-0.3% upside)
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
- $88.41
- Price target
- $90.41
- Stop
- $84.85
- Upside to target
- +2.3%
The stock trades at 37.1× trailing but 19.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
MMSI 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
- $5.29B
- P/E (fwd)
- 19.2
- P/E (ttm)
- 37.1
- 52-week range
- $59.74–$94.75
- Off 52-week high
- 6.7%
- RSI (14)
- 41
- Volume vs avg
- 0.79×
- Score today
- 5.5/10