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LeMaitre Vascular remains a Buy despite 31% pullback; strong organic growth and record margins support outlook.

Company Fundamentals
13 Aug 2026
Seeking Alpha
View Source
Neutral
LeMaitre Vascular remains a Buy despite 31% pullback; strong organic growth and record margins support outlook.

LeMaitre Vascular's stock dropped 31% after missing Q2 2026 expectations due to currency issues, export blockages, and tissue shortages, but underlying demand remains strong with 10% organic sales growth and record-high margins. The company's fastest-growing product, Artegraft, now accounts for 21% of sales and drives margin expansion and international growth. Despite the valuation reset to 29 times forward earnings, the company's 11% organic growth guidance, solid balance sheet, and expanding biologics portfolio make it a compelling buy. The price target has been adjusted to $95-$100 for year-end 2027.

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