Companies /Healthcare

Merit Medical Systems Inc

NASDAQ: MMSI Medical Instruments & Supplies
$86.69
▼ $1.38 (−1.57%) today
Markets closed · 6:52pm ET

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MMSI at a Glance

Valuation
Market cap
$5.3B
P/E ratio
33.0
Profitability
Revenue (TTM)
$1.6B
Profit margin
9.9%
EPS (TTM)
$2.67
Price
52-week range
$60 – $95
24/7 target
$120.23
Street target
$107.00

Headquartered in South Jordan, UT Fiscal year ends December NASDAQ: MMSI merit.com

About Merit Medical Systems

Merit Medical Systems, founded in 1987, develops, manufactures and distributes proprietary medical devices used in interventional, diagnostic and therapeutic procedures. Its main clinical areas are cardiology, radiology, oncology, critical care and endoscopy. Revenue is organized into two platforms:
- Foundational: Access, OEM, Procedural Solutions, Vascular Intervention and Other.
- Therapeutic: Cardiac Therapies, Endoscopy, OEM, Oncology, Renal Therapies and Vascular Intervention.

The company sells worldwide through a domestic and international sales force and clinical support team of about 900 people, and employs about 7,500 people in total. In Q3 2026 roughly 61% of revenue came from the U.S. market.

Merit has been reshaping its portfolio through acquisitions and divestitures:
- Biolife Delaware, acquired May 2025.
- C2 CryoBalloon assets from Pentax of America, acquired November 2025.
- View Point Medical, acquired April 2026.
- DualCap anti-microbial cap line, sold to Health Line in February 2026.
- Solo Pace, Inc., acquired October 2026. Solo Pace makes the SOLO PACE CONTROL and FUSION temporary pacing systems for TAVR and other transcatheter heart valve procedures, expanding Merit's structural heart presence.

The company is completing its three-year Continued Growth Initiative program through 2026 while developing a longer-term strategic plan. Updated

MMSI Coverage

Frequently Asked Questions

What does Merit Medical Systems do?

Merit Medical Systems, founded in 1987, develops, manufactures and distributes proprietary medical devices used in interventional, diagnostic and therapeutic procedures. Its main clinical areas are cardiology, radiology, oncology, critical care and endoscopy.

What is the MMSI stock price target?

24/7 Wall St.'s 12-month price target for MMSI is $120.23, rated Buy. The Wall Street consensus target is $107.00. MMSI price prediction →