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TransMedics raises revenue forecast on strong growth and market gains

Company Fundamentals
10 Nov 2026, 12:41 WIB
Seeking Alpha
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Bullish
TransMedics raises revenue forecast on strong growth and market gains

TransMedics Group Inc. reported accelerating revenue growth, improved service margins, and increased market share in the U.S. in its recent quarter. The company raised its full-year revenue guidance to $764-774 million, expecting 24-26% organic growth and a 60% increase in service revenue year-over-year. Key growth drivers through 2027 include expansion into Europe, new heart and lung programs, and early-stage kidney opportunities. The updated 2028 price target is $129 per share, projecting a 46.5% upside and annual returns of 13-14%.

TransMedics Group Inc (TMDX) shares are currently priced at USD 93.79 on Pluang as of Nov 10, 2026, 17:51 WIB, showing no change in the last day. The stock trades between a 52-week low of USD 61.99 and a high of USD 150.42, reflecting notable volatility over the year. Pluang investors hold the stock for an average of 24 days, with buying activity at 80% compared to 20% selling.

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