TransMedics Q4 revenue rises 32%, beats expectations

Overview

• Medical technology firm's Q4 revenue rose 32%, beating analyst expectations

• Net income for Q4 increased significantly, aided by a one-time tax benefit

Outlook

• TransMedics expects 2026 revenue between $727 mln and $757 mln, a 20%-25% growth

Result Drivers

• OCS UTILIZATION - Increased use of the Organ Care System, especially in liver and heart transplants, drove Q4 revenue growth

• AVIATION EXPANSION - Expansion of aviation fleet contributed to increased service revenue

• TAX BENEFIT - Net income boosted by a one-time tax benefit from deferred tax asset valuation allowance release

Company press release: ID:nPn8V4jM6a

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"

• Wall Street's median 12-month price target for Transmedics Group Inc is $149.00, about 10.7% above its February 23 closing price of $134.65

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