Tandem Diabetes Care (TNDM) 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
- -$0.10
- Estimate
- -$0.24
- Surprise
- +58.4%
- Revenue (period 2026-09-30)
- $283.7M
- Score today
- 5.4/10
Revenue source: xbrl.
How the report landed
Tandem Diabetes Care (TNDM) reported a narrower loss than forecast — adjusted EPS of -$0.10 against the -$0.24 estimate (a 58.4% beat on a still-unprofitable quarter).
Coverage in the report window
- Barclays Maintains Equal-Weight on Tandem Diabetes Care, Raises Price Target to $20 — benzinga, 2026-11-06
- Wells Fargo Maintains Overweight on Tandem Diabetes Care, Lowers Price Target to $25 — benzinga, 2026-11-06
- Tandem Diabetes Care Q3 2026 Earnings Call Transcript — benzinga, 2026-11-05
Where TrendMatrix's rating stands now
TrendMatrix currently rates TNDM Sell at 5.4/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +58.4% surprise compares with a +45.5% four-quarter average.
What argues against it
- Concentration risk — Supplier: Unomedical A/S
- Quality below floor (3.1 < 4.0)
- Momentum score 2.6/10 — 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
- $16.73
- Price target
- $24.99
- Stop
- $15.55
- Upside to target
- +49.4%
- Reward-to-risk
- 3.4:1
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
TNDM 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 Devices
- Market cap
- $1.25B
- P/E (fwd)
- 113.2
- 52-week range
- $12.26–$29.65
- Off 52-week high
- 43.6%
- RSI (14)
- 52
- Volume vs avg
- 0.98×
- Score today
- 5.4/10