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 · Editorial policy
Key numbers
- Adjusted 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 adjusted 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 Buy (Wait) at 6.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +24.0% surprise compares with a +13.4% four-quarter average. Next scheduled report: 2027-02-23.
What supports the rating
- Sector modifier (Healthcare): +0.5
- Strong earnings beat streak (4/4)
What argues against it
- Negative momentum
- News modifier +2: HOLD_IF_HOLDING → STRONG_BUY_WAIT
- Momentum score 2.9/10 — 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
- $84.16
- Entry target
- $76.94
- Price target
- $93.09
- Stop
- $71.58
- Upside to target
- +10.6%
- Reward-to-risk
- 1.7:1
The stock trades at 31.6× trailing but 18.1× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — 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
- $5.05B
- P/E (fwd)
- 18.1
- P/E (ttm)
- 31.6
- 52-week range
- $59.74–$94.85
- Off 52-week high
- 11.3%
- RSI (14)
- 43
- Volume vs avg
- 1.11×
- Score today
- 6.1/10