Axogen raised full-year revenue guidance to at least $290 million after nerve repair demand drove a double beat. Management is targeting a prostate market entry in 2027.
Axogen Inc
AXGN at a Glance
- Market cap
- $3.3B
- Revenue (TTM)
- $266.9M
- Profit margin
- -12.0%
- EPS (TTM)
- $-0.63
- 52-week range
- $23 – $60
- Street target
- $59.27
Headquartered in Alachua, FL Fiscal year ends December NASDAQ: AXGN axogeninc.com
About Axogen
Axogen, Inc. (NASDAQ: AXGN) is a medical device company focused on the science, development, and commercialization of technologies for peripheral nerve regeneration and repair. The company serves surgeons treating peripheral nerve injuries across four key markets: Extremities (traumatic and chronic nerve injuries), Oral Maxillofacial & Head and Neck (OMF/H&N), Breast (nerve reconstruction during breast cancer surgery), and an emerging Prostate market (cavernous nerve repair during robotic prostatectomy). Axogen's product portfolio includes Avance (the only FDA-approved biologic nerve scaffold for treating peripheral nerve discontinuities), Axoguard Nerve Connector, Axoguard Nerve Protector, Axoguard HA+ Nerve Protector, Axoguard Nerve Cap, Avive+ Soft Tissue Matrix, and the recently acquired NerveTape (a coaptation aid eliminating micro-suturing). The company estimates a $5.6 billion U.S. total addressable market across its four focus areas and has established access in more than 2,700 hospitals and outpatient centers, supported by a direct sales force of over 160 representatives. Avance has achieved approximately 96% commercial payer coverage of U.S. covered lives, and over 275,000 patients have been treated with Axogen's products. Updated
Frequently Asked Questions
What does Axogen do?
Axogen, Inc. (NASDAQ: AXGN) is a medical device company focused on the science, development, and commercialization of technologies for peripheral nerve regeneration and repair.
What is the AXGN stock price target?
The Wall Street consensus 12-month price target for AXGN is $59.27.