T

    TransMedics Group Inc (TMDX)

    Official site

    HEALTHCARE • MEDICAL DEVICES • NASDAQ

    $84.87
    -3.56 (-4.03%)

    Market Cap: $3.07B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    60%(18/30)
    Avg Surprise
    +136.47%

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.30
    Range$0.15 - $0.40
    8 analysts
    EPS RevisionsNo revisions (7d)
    0
    6
    30d
    EPS Estimate Drift
    90d ago$0.45+49.1%
    60d ago$0.45+51.7%
    30d ago$0.39+30.7%
    7d ago$0.30+0.0%
    Current$0.30
    Revenue Consensus
    $177M
    Range$170M - $188M
    11 analysts
    Dec 31, 2026
    EPS Consensus$0.17
    Range$-0.22 - $0.33
    9 analysts
    Revenue Consensus
    $207M
    Range$192M - $218M
    13 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$0.17---
    Sep 26EST
    -$0.30---
    Jun 26
    $0.44$0.50-12.00%Miss-52.2%
    Mar 26
    $0.30N/A-50.82%Miss-57.1%
    Dec 25
    $0.05N/A-86.94%Miss-73.2%
    Sep 25
    $0.66$0.36+83.33%Beat+450.0%
    Jun 25
    $0.92$0.43+113.95%Beat+162.9%
    Mar 25
    $0.70$0.24+191.67%Beat+100.0%
    Dec 24
    $0.19$0.22-13.64%Miss+58.3%
    Sep 24
    $0.12N/A-62.50%Miss+71.4%
    Jun 24
    $0.35$0.20+75.00%Beat+1266.7%
    Mar 24
    $0.35$0.01+3400.00%Beat+537.5%
    Dec 23
    $0.12$-0.03+500.00%Beat+157.1%
    Sep 23
    $0.07$-0.13+153.85%Beat+128.0%
    Jun 23
    $-0.03N/A+76.92%Beat+92.7%
    Mar 23
    $-0.08N/A+66.67%Beat+78.9%
    Dec 22
    $-0.21$-0.30+30.00%Beat+54.3%
    Sep 22
    $-0.25$-0.41+39.02%Beat+46.8%
    Jun 22
    $-0.41$-0.34-20.59%Miss-5.1%
    Mar 22
    $-0.38$-0.39+2.56%Beat-31.0%
    Dec 21
    $-0.46$-0.42-9.52%Miss-100.0%
    Sep 21
    $-0.47$-0.37-27.03%Miss-147.4%
    Jun 21
    $-0.39$-0.29-34.48%Miss-8.3%
    Mar 21
    $-0.29$-0.30+3.33%Beat+31.0%
    Dec 20
    $-0.23$-0.25+8.00%Beat+46.5%
    Sep 20
    $-0.19$-0.33+42.42%Beat+51.3%
    Jun 20
    $-0.36$-0.45+20.00%Beat+18.2%
    Mar 20
    $-0.42$-0.40-5.00%Miss+91.4%
    Dec 19
    $-0.43$-0.40-7.50%Miss+59.0%
    Sep 19
    $-0.39$-0.45+13.33%Beat-56.0%
    Jun 19
    $-0.44$-0.44+0.00%Beat-
    Mar 19
    $-4.86$-0.98-395.92%Miss-
    Dec 18
    $-1.05$0.00N/AMiss-
    Sep 18
    $-0.25$0.00N/AMiss-

    Key Metrics

    Valuation
    P/E Ratio58.49EV/EBITDA27.47x
    Price/FCF37.13xFCF Yield2.69%
    Profitability
    Profit Margin22.70%Operating Margin12.50%
    ROE36.30%ROIC9.09%
    Financial Health
    Debt/Equity0.99xInterest Coverage4.42x
    Current Ratio6.62xQuick Ratio6.07x
    Trading Statistics
    Beta1.88Avg Volume910.69K
    52-Week High$156.0052-Week Low$60.10

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$91.47
    SMA 20$88.37
    SMA 50$79.36
    SMA 200$105.36
    EMA 10$89.67
    EMA 20$87.68
    EMA 50$83.50
    EMA 200$95.45

    MACD

    Line: 3.15Signal: 4.01Hist: -0.86

    ADX

    ADX: 25.9+DI: 23.3-DI: 25.9

    Aroon & PSAR

    Aroon Up76.0
    Aroon Down28.0
    PSAR$95.04

    Bollinger Bands

    Upper Band$98.29
    Lower Band$78.45
    %B Position2245%(Upper)
    Band Width0.32

    RSI (14-Day)

    Neutral
    47.8

    Momentum Oscillators

    Stoch %K40.2
    Stoch %D61.3
    Williams %R-81.6
    ROC (10d)-3.9%
    Momentum-3.48
    CCI (20d)-44.5
    MFI (14d)36.9

    Volatility Measures

    ATR (14d)$4.11(4.8%)
    StdDev (20d)4.96
    Hist Vol51.9%(High)

    Volume Flow

    VWAP$85.14
    OBV-2.2M
    AD Line-5.6M
    CMF (20d)0.394

    Volume Metrics

    Avg Vol (20d)880.3K
    Vol Ratio1.3x
    VWMA (20d)$85.95

    Pivot Points

    R3$96.88
    R2$95.16
    R1$91.80
    Pivot Point$90.08
    S1$86.72
    S2$85.00
    S3$81.64

    Advanced Oscillators

    TSI21.72
    Ultimate Osc50.1
    KST209.05

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$189.95M$173.93M$160.76M$143.82M$157.37M$143.54M$121.62M$108.76M$114.31M$96.85M$81.17M$66.43M
    Cost of Revenue$76.75M$72.77M$67.35M$59.25M$60.78M$55.31M$49.61M$47.92M$45.04M$36.89M$33.25M$25.77M
    Gross Profit$113.20M$101.16M$93.41M$84.58M$96.59M$88.23M$72.01M$60.84M$69.26M$59.96M$47.92M$40.66M
    Operating Expenses$89.46M$87.86M$72.14M$61.27M$60.02M$60.78M$63.37M$56.92M$56.75M$47.54M$45.32M$69.00M
    R&D$31.63M$24.88M$20.70M$15.26M$15.93M$17.16M$16.46M$14.27M$13.86M$11.38M$10.76M$38.34M
    SG&A$57.83M$62.98M$51.44M$46.02M$44.09M$43.63M$46.91M$42.66M$42.90M$36.16M$34.56M$30.65M
    Operating Income$23.74M$13.30M$21.27M$23.30M$36.57M$27.44M$8.64M$3.92M$12.51M$12.42M$2.60M$-28,335,000
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$7.22M$7.17M$3.35M$3.49M$3.48M$3.46M$3.57M$3.62M$3.62M$3.60M$3.60M$3.59M
    Income Before Tax$19.41M$8.48M$21.63M$23.03M$36.18M$26.68M$6.99M$4.25M$12.15M$12.39M$3.86M$-26,929,000
    Income Tax Expense$4.72M$1.17M$-83,750,000$-1,288,000$1.27M$994,000$132,000$29,000$-41,000$196,000$-168,000$-1,507,000
    Net Income$14.68M$7.32M$105.38M$24.32M$34.91M$25.68M$6.86M$4.22M$12.19M$12.20M$4.03M$-25,422,000
    EBITDA$36.87M$27.52M$32.45M$33.37M$46.39M$36.27M$16.24M$13.04M$20.38M$20.29M$11.07M$-21,446,000
    EBIT$26.63M$15.65M$24.99M$26.52M$39.66M$30.14M$10.56M$7.86M$15.78M$15.99M$7.47M$-23,339,000
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    The Drug That Nobody Talks About Enough: Regeneron's Hidden Compounding Machine

    Quality meets catalyst: Two regulatory wins in 5 days. Dupixent's AFRS approval + garetosmab Priority Review. Quality Score 98/100. The business is strengthening while the stock trades near fair value. The honest valuation: At $789, REGN is ~1% above Vulcan's $778 BFV. Not cheap. Not expensive. The market has priced in the base case, leaving alpha entirely in when you buy not if. Dupixent is a compounding machine: Seven US indications and growing, co-commercialized with Sanofi. This isn't just an eczema drug, it's a type-2 inflammation platform that funds REGN's entire R&D pipeline. Fortress balance sheet, real tail risk: D/E of 0.1, 120x interest coverage, Altman Z of 7.8. Yet the 5-year max drawdown is -59.7%. Quality doesn't prevent drawdowns. The alpha zone: Buy zone $715–$730 (~9% pullback). Strong buy $625. Current price above both. Set alerts. No chasing. The patient investor wins here.

    Unknown Author
    2/27/26
    155
    Biotech
    BioPharma
    Also mentions:
    SNY
    AMGN
    TMDX
    GILD

    Part 2 of 3: The Night the Organ Monopoly Proved It Was Real

    Tonight's earnings confirmed the thesis: Q4 revenue $160.8M (+32%), FY $605.5M (+37%), 5,139 OCS cases (+38%), 2026 guidance $727M–$757M. TMDX has graduated from speculative disruptor to verified logistics monopoly. The 22-aircraft fleet is the moat: NOP bundled revenue converts device sales into recurring per-case logistics contracts at 60% gross margins. Building this fleet is what the market punished in 2023 and what it's reprici ROIC 12.1% now exceeds WACC 10.2% (+190 bps spread). This was negative during fleet buildout. Value creation is now confirmed, not projected. Healthcare Barbell context: (GILD) Part 1 is the income anchor, low beta, undervalued, 4%+ yield. (TMDX is the growth compounder. (REGN) Part 3 is the pipeline optionality. Three positions, three roles, one coherent thes

    Unknown Author
    2/25/26
    127
    healthcare-innovation
    Healthcare Stocks
    Also mentions:
    GILD
    REGN

    Gilead Sciences (GILD): The Fortress Nobody's Paying Attention To

    Gilead's $14.3B Biktarvy franchise grew 7% YoY in 2025, proving HIV isn't ex-growth. Total revenues hit $29.4B. The base business alone justifies ~$150 fair value. Yeztugo (twice-yearly HIV prevention) expands TAM from diagnosed patients to at-risk populations. FDA approved June 2025. $800M combined lenacapavir guide for 2026. Arcellx acquisition ($7.8B) adds anito-cel CAR-T for multiple myeloma. FDA decision Dec 23, 2026. Logical Kite extension, but differentiation burden is real. At ~17x forward EPS ($8.45-$8.85 guided), you pay fair value for the base and get oncology pipeline optionality essentially free. 2.1% yield while you wait. Vulcan scores: 93 Overall, 93 Value, 88 Quality, 95 Sentiment. Altman Z 4.6, Piotroski F 7, ROIC 19.6%, 78.7% gross margins. Fortress fundamentals. Part 1 of the Healthcare Barbell series: GILD anchors with defensive cash flows (0.37 beta). Part 2 (TMDX) and Part 3 (REGN) incoming. Invalidation: Biktarvy YoY declines in two consecutive quarters or EPS guides lower.

    Unknown Author
    2/24/26
    119
    Healthcare Stocks
    healthcare-innovation
    Also mentions:
    TMDX
    REGN
    JNJ

    Why TransMedics Stock is a Buy for Long-Term Investors

    TransMedics is replacing a 60-year-old organ-transport method with its FDA-approved OCS platform, which keeps hearts, lungs, and livers alive and functioning during transit — a massive step-change in reliability and outc Business model now prints cash: $250K consoles + $80–100K per-procedure recurring revenue + the scaling National OCS Program (NOP) aircraft fleet. Margins expanding, FCF inflection is real. Financials are inflecting sharply: EPS beat (+83%), strong operating leverage, rising gross margins, and guidance moving higher even with temporary revenue noise. Short-term volatility ≠ broken thesis: Stock recently sold off on a slight revenue miss and high short interest, but fundamental adoption trends remain strong across transplant centers. Long-term runway is substantial: Multi-organ expansion, NOP scaling, higher utilization rates, and future indications (including kidney) create years of growth. GNG Research Rating — BUY on weakness: Best accumulation zone is sub-$110, with long-term fair value well above current levels based on sustained growth, rising margins, and expanding TAM.

    Unknown Author
    11/14/25
    266
    medical-technology
    healthcare-innovation
    organ-transplant
    growth-stocks
    Also mentions:
    ISRG
    SYK
    MDT
    ABT
    EW

    News

    Frequently Asked Questions About TMDX

    Does TMDX pay dividends?
    TransMedics Group Inc (TMDX) does not currently pay a regular dividend.
    What is TMDX's P/E ratio?
    TransMedics Group Inc has a price-to-earnings (P/E) ratio of 58.49.
    What is TMDX's market cap?
    TransMedics Group Inc (TMDX) has a market capitalization of $3.07B with a current stock price of $84.87.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.