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Home โบ Stocks โบ Conmed Corporation (CNMD) Stock Forecast & Price Prediction United States | NYSE | Healthcare | Medical Devices
$58.62
-1.43 (-2.38%)10 Quality Stocks Worth Considering Now
Researching CONMED (CNMD) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 10 Wall Street analysts, CNMD has a neutral consensus with a median price target of $58.00 (ranging from $55.00 to $80.00). The overall analyst rating is Buy (6.6/10). Currently trading at $58.62, the median forecast implies a -1.1% downside. This outlook is supported by 2 Buy, 5 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Matt O'Brien at Piper Sandler, projecting a 36.5% upside. Conversely, the most conservative target is provided by Rick Wise at Stifel, suggesting a 6.2% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for CNMD.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 1, 2025 | Wells Fargo | Vik Chopra | Equal-Weight | Maintains | $57.00 |
May 1, 2025 | JP Morgan | Robbie Marcus | Neutral | Maintains | $58.00 |
May 1, 2025 | Needham | Mike Matson | Buy | Maintains | $61.00 |
Apr 28, 2025 | Stifel | Rick Wise | Hold | Downgrade | $55.00 |
Feb 6, 2025 | JP Morgan | Robbie Marcus | Neutral | Downgrade | $70.00 |
Feb 6, 2025 | Wells Fargo | Vik Chopra | Equal-Weight | Maintains | $70.00 |
Feb 6, 2025 | Needham | Mike Matson | Buy | Maintains | $91.00 |
Feb 6, 2025 | Stifel | Rick Wise | Buy | Maintains | $75.00 |
Oct 31, 2024 | Needham | Mike Matson | Buy | Reiterates | $97.00 |
Oct 4, 2024 | Needham | Mike Matson | Buy | Reiterates | $97.00 |
Aug 1, 2024 | Piper Sandler | Matt O'Brien | Overweight | Maintains | $80.00 |
Aug 1, 2024 | Stifel | Rick Wise | Buy | Maintains | $76.00 |
Aug 1, 2024 | Wells Fargo | Vik Chopra | Equal-Weight | Maintains | $71.00 |
Aug 1, 2024 | Needham | Mike Matson | Buy | Maintains | $97.00 |
Jul 25, 2024 | Needham | Mike Matson | Buy | Maintains | $106.00 |
May 6, 2024 | Needham | Mike Matson | Buy | Reiterates | $107.00 |
Apr 25, 2024 | Needham | Mike Matson | Buy | Maintains | $107.00 |
Apr 25, 2024 | Piper Sandler | Matt O'Brien | Overweight | Maintains | $95.00 |
Apr 25, 2024 | JP Morgan | Robbie Marcus | Overweight | Maintains | $75.00 |
Apr 25, 2024 | Wells Fargo | Vik Chopra | Equal-Weight | Maintains | $77.00 |
The following stocks are similar to CONMED based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Conmed Corporation has a market capitalization of $1.81B with a P/E ratio of 15.4x. The company generates $1.32B in trailing twelve-month revenue with a 9.0% profit margin.
Revenue growth is +2.9% quarter-over-quarter, while maintaining an operating margin of +7.3% and return on equity of +13.0%.
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Develops and supplies surgical devices and equipment.
Conmed Corporation generates revenue by providing innovative surgical solutions and advanced surgical tools to healthcare facilities such as hospitals and surgical centers. The company's diverse product portfolio, which includes energy systems and minimally invasive instrumentation, allows it to cater to various medical specialties and improve surgical outcomes.
Headquartered in Utica, New York, Conmed focuses on research and development, as well as strategic acquisitions and partnerships, to enhance its market position and adapt to the evolving demands of the healthcare industry.
Healthcare
Medical Devices
3,900
Mr. Patrick J. Beyer
United States
1990
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CONMED Corporation (NYSE:CNMD) will hold its Q1 2025 Earnings Conference Call on April 30, 2025, at 4:30 PM ET, featuring CEO Pat Beyer and CFO Todd Garner.
CONMED's Q1 earnings call provides insights into financial performance, growth strategies, and market positioning, which can impact stock valuation and investor sentiment.
CONMED Corporation (NYSE: CNMD) reported Q1 2025 sales of $321.3 million, a 2.9% increase YoY. Domestic revenue rose 4.2%. Diluted EPS was $0.19.
CONMED Corporation's steady revenue growth and positive earnings per share indicate financial health, potentially boosting investor confidence and impacting stock performance.
Conmed (CNMD) reported Q3 earnings of $0.95 per share, surpassing the Zacks estimate of $0.81 and up from $0.79 per share year-over-year.
Conmed's earnings beat estimates and show year-over-year growth, indicating strong financial performance and potentially boosting investor confidence and stock value.
Conmed (CNMD) reported its quarterly earnings for March 2025, indicating a need for analysis of key metrics against Wall Street estimates and previous year's performance.
Comparing Conmed's quarterly performance against Wall Street estimates and previous year metrics can indicate growth trends and market expectations, influencing stock valuation and investor sentiment.
CNMD reports strong first-quarter results, with sales growth in both segments.
Strong first-quarter results and improved sales indicate CNMD's growth potential, likely boosting investor confidence and positively impacting stock performance.
Based on our analysis of 10 Wall Street analysts, Conmed Corporation (CNMD) has a median price target of $58.00. The highest price target is $80.00 and the lowest is $55.00.
According to current analyst ratings, CNMD has 2 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $58.62. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict CNMD stock could reach $58.00 in the next 12 months. This represents a -1.1% decrease from the current price of $58.62. Please note that this is a projection by Wall Street analysts and not a guarantee.
Conmed Corporation generates revenue by providing innovative surgical solutions and advanced surgical tools to healthcare facilities such as hospitals and surgical centers. The company's diverse product portfolio, which includes energy systems and minimally invasive instrumentation, allows it to cater to various medical specialties and improve surgical outcomes.
The highest price target for CNMD is $80.00 from Matt O'Brien at Piper Sandler, which represents a 36.5% increase from the current price of $58.62.
The lowest price target for CNMD is $55.00 from Rick Wise at Stifel, which represents a -6.2% decrease from the current price of $58.62.
The overall analyst consensus for CNMD is neutral. Out of 10 Wall Street analysts, 2 rate it as Buy, 5 as Hold, and 0 as Sell, with a median price target of $58.00.
Stock price projections, including those for Conmed Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.