Globus Medical's preliminary Q4 sales beat estimates

Overview

• Musculoskeletal solutions company's preliminary Q4 sales rose 25.2%, beating analyst expectations

• Company's results driven by growth in US Spine and Enabling Technologies divisions

• Company successfully integrated NuVasive and Nevro acquisitions

Outlook

• Company expects 2026 revenue between $3.18 bln and $3.22 bln

• Globus Medical forecasts 2026 non-GAAP EPS between $4.30 and $4.40

Result Drivers

• US SPINE GROWTH - Co attributed Q4 sales growth to gains in US Spine market

• ENABLING TECHNOLOGIES PERFORMANCE - Enabling Technologies division achieved its best quarterly revenue to date

• ACQUISITION INTEGRATION - Successful integration of NuVasive and Nevro acquisitions contributed to Q4 growth

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

• Wall Street's median 12-month price target for Globus Medical Inc is $99.00, about 6.1% above its January 6 closing price of $93.29

Press Release: ID:nGNX5yb6kf

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