Globus Medical, Inc. GMED
- Market cap
- $10.0B
- P/E
- 18.8×
Follow GMED
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19.25 | 24.58 | 41.19 | 38.01 | 33.41 | 59.37 | 52.60 | 43.39 | 49.33 | 51.79 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 27.64 | 42.00 | 57.83 | 60.15 | 66.65 | 84.23 | 81.78 | 80.04 | 87.22 | 94.93 |
High Price
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| 1,400 | 1,500 | 1,800 | 2,000 | 2,200 | 2,400 | 2,600 | 5,000 | 5,300 | 6,000 |
Employees
|
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 564 | 636 | 713 | 785 | 789 | 958 | 1,023 | 1,568 | 2,519 | 2,939 |
Revenue
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| 76.12% | 76.34% | 77.64% | 77.08% | 72.44% | 75.03% | 74.22% | 65.05% | 58.90% | 67.41% |
Gross Margin
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| 157 | 170 | 189 | 190 | 126 | 180 | 243 | 165 | 121 | 605 |
EBT
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| 27.89% | 26.72% | 26.45% | 24.19% | 15.96% | 18.83% | 23.76% | 10.54% | 4.79% | 20.59% |
EBT Margin
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| 104 | 107 | 156 | 155 | 102 | 149 | 190 | 123 | 103 | 538 |
Net Income
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| 46 | 45 | 43 | 52 | 63 | 73 | 74 | 225 | 495 | 303 |
Depreciation
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| 5.90 | 6.61 | 7.28 | 7.92 | 8.00 | 9.51 | 10.18 | 13.87 | 18.56 | 21.74 |
Revenue/Sh
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| 1.09 | 1.12 | 1.60 | 1.57 | 1.04 | 1.48 | 1.89 | 1.09 | 0.76 | 3.98 |
Earnings/Sh
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| 1.55 | 1.65 | 1.86 | 1.73 | 2.02 | 2.74 | 1.78 | 2.15 | 3.84 | 5.57 |
Cash Flow/Sh
|
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| (0.43) | (0.53) | (0.56) | (0.71) | (0.65) | (0.56) | (0.74) | (0.69) | (0.85) | (1.29) |
Capex/Sh
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| 1.12 | 1.12 | 1.30 | 1.02 | 1.37 | 2.18 | 1.04 | 1.46 | 2.99 | 4.28 |
Free CF/Sh
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| 8.70 | 10.06 | 12.11 | 14.14 | 15.28 | 17.29 | 18.38 | 35.35 | 30.78 | 33.82 |
Book Value/Sh
|
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| 96 | 96 | 98 | 99 | 99 | 101 | 100 | 113 | 136 | 135 |
Shares
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| 22.95 | 38.54 | 27.05 | 37.27 | 62.71 | 48.78 | 38.71 | 45.05 | 110.28 | 21.94 |
PE Ratio
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| 4.20 | 6.53 | 5.94 | 7.43 | 8.15 | 7.59 | 7.19 | 3.83 | 4.46 | 4.02 |
PS Ratio
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| 2.85 | 4.29 | 3.57 | 4.16 | 4.27 | 4.18 | 3.98 | 1.50 | 2.69 | 2.58 |
PB Ratio
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| 3.69 | 5.95 | 5.47 | 7.04 | 7.61 | 7.13 | 6.76 | 3.78 | 4.44 | 4.12 |
EV/Sales
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| 19.46 | 35.09 | 30.70 | 54.62 | 44.46 | 31.15 | 66.17 | 35.86 | 27.63 | 21.28 |
EV/FCF
|
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| 148 | 159 | 182 | 172 | 199 | 276 | 178 | 243 | 521 | 753 |
Op' Cash Flow
|
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| (41) | (51) | (55) | (71) | (64) | (57) | (74) | (78) | (115) | (174) |
Capex
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| 107 | 108 | 127 | 101 | 135 | 219 | 104 | 165 | 405 | 579 |
FCF
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| 434 | 527 | 535 | 576 | 701 | 724 | 824 | 1,523 | 1,321 | 1,627 |
Working Cap'
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| — | — | — | 2 | 5 | 5 | — | 417 | 443 | — |
Total Debt
|
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| (291) | (374) | (340) | (309) | (422) | (438) | (446) | (100) | (447) | (557) |
Net Debt
|
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| 832 | 968 | 1,186 | 1,402 | 1,506 | 1,741 | 1,846 | 3,998 | 4,177 | 4,573 |
Sh' Equity
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| 11.85% | 10.70% | 13.15% | 10.96% | 6.37% | 8.20% | 9.43% | 3.43% | 1.99% | 10.19% |
ROA
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| 17.80% | 17.03% | 12.51% | 9.84% | 6.42% | 8.25% | 10.17% | 2.14% | 2.78% | 7.47% |
ROIC
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| 13.49% | 11.93% | 14.53% | 11.99% | 7.03% | 9.19% | 10.60% | 4.20% | 2.52% | 12.29% |
ROE
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Globus Medical, Inc. peers in Medical Devices
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BRKR Bruker Corporation | $9.7B | 0.0× | Compare |
| BIO.B Bio-Rad Laboratories, Inc. | $10.3B | 43.8× | Compare |
| PODD Insulet Corporation | $9.6B | 25.4× | Compare |
| BIO Bio-Rad Laboratories, Inc. | $10.4B | 45.7× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| GKOS Glaukos Corporation | $9.1B | 0.0× | Compare |
| SNN Smith & Nephew SNATS, Inc. | $11.2B | 32.8× | Compare |
| PEN Penumbra, Inc. | $12.6B | 78.0× | Compare |
| ZBH Zimmer Biomet Holdings, Inc. | $17.1B | 22.0× | Compare |
Globus Medical, Inc. (GMED) key facts
- Globus Medical, Inc. (GMED) is a Medical Devices company in the Healthcare sector, listed on the New York Stock Exchange.
- Globus Medical, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 16.7% from fiscal 2024.
- Net income was $537.9 million, or $3.98 per share (basic), a net margin of 18.3%.
- As of September 25, 2026, GMED traded at $74.52, a market capitalization of $10.0 billion.
- At that price the stock trades at 18.8× trailing-twelve-month earnings and 3.2× sales.
- Return on equity was 12.3% and debt-to-equity 0.00.
Globus Medical, Inc. (GMED) Latest News
18 Sep
Globus Medical (GMED) stock may trade at a discount following earnings. Earnings results can moderately affect near-term stock valuation and sentiment for Globus Medical.
Intuitive Surgical evaluates lowering price per surgery to sustain revenue and market position amid competition including from Globus Medical in robotic procedures. Potential pricing pressure from Intuitive Surgical could affect Globus Medical margins and positioning in overlapping robotic surgery areas without fundamentally shifting company trajectory.
17 Sep
Stryker expands foot and ankle solutions via Prophecy and smartHEX platforms. Competitor product expansion may moderately pressure GMED positioning in foot and ankle segment.
10 Sep
Globus Medical's Q3 earnings beat estimates while revenues missed due to destocking, resulting in stock decline. Mixed Q3 earnings with revenue shortfall from destocking triggered immediate stock drop showing moderate effects on performance.
4 Sep
Globus Medical received CE Mark for its Excelsius3D Imaging System. CE Mark approval enables European market entry for Excelsius3D, potentially boosting sales and competitive position.
Globus Medical receives CE mark for Excelsius3D imaging system. CE mark approval enables European market access for the Excelsius3D system and may support incremental revenue growth.
3 Sep
Globus Medical receives CE Mark for Excelsius3D Imaging System, clearing the product for sale across Europe. CE Mark opens European sales channel for core imaging product line.
Stryker launches FDA-cleared Apple Vision Pro surgical app, advancing augmented reality tools in operating rooms and intensifying competition in medical devices including spine and orthopedic segments where Globus Medical operates. Stryker's new AR surgical platform strengthens a direct competitor's technology edge and may pressure Globus Medical's product differentiation and market share.
2 Sep
Enovis acquires eCential Robotics to expand its surgical robotics portfolio. Rival Enovis gains robotics capabilities that may moderately affect Globus Medical competitive position.
27 Aug
Globus Medical advances robotics platform and margin expansion initiatives, prompting evaluation of whether these factors create an attractive valuation opportunity for the company. Robotics progress and margin growth represent measurable but not transformative developments for Globus Medical's competitive stance.
26 Aug
Globus Medical acquires Higgs Boson Health to integrate AI-driven digital solutions transforming healthcare experience. Acquisition introduces transformative AI technology expanding Globus Medical's strategic positioning in digital healthcare.
25 Aug
Hospital investment decision reframes Intuitive Surgical stock narrative and competitive dynamics involving Globus Medical. Hospital bet creates moderate shift in Globus Medical competitive positioning versus Intuitive Surgical.
20 Aug
Globus Medical (GMED) posts margin gains that indicate its stock may currently trade below fair value. Margin gains improve profitability metrics and could lift near-term investor sentiment and valuation.
19 Aug
HNGE stock surges nearly 90% YTD, prompting questions on whether its growth can continue amid ongoing market dynamics. YTD stock surge signals noticeable market momentum with potential moderate effects on performance outlook and sentiment.
17 Aug
Growth investors should purchase Globus Medical (GMED) shares immediately based on its expansion outlook and performance metrics. Buy recommendation can lift short-term investor interest and share price without altering core operations.
14 Aug
Medtech giants including Globus Medical are eyed as possible buyers for Inspire Medical Systems in potential acquisition scenarios. Acquisition speculation around GMED may moderately shift market perception and strategic options.
12 Aug
ISRG US procedure growth slows with ACA headwinds potentially affecting procedure volumes, though concerns may prove temporary. Competitor ISRG slowdown creates moderate opportunity for GMED to gain share in affected surgical markets.
11 Aug
Globus Medical (GMED) upgraded to Strong Buy rating. Analyst upgrade to Strong Buy may lift near-term investor sentiment and share price.
8 Aug
Globus Medical Q2 earnings call highlighted revenue growth, margin expansion, and integration progress with NuVasive, alongside updated full-year guidance and positive outlook on product pipeline. Q2 earnings update and guidance revision provide moderate influence on near-term financial expectations and investor sentiment.
7 Aug
Globus Medical reported Q2 margin gains during its earnings call but issued caution on revenue outlook. Q2 earnings details with mixed margin and revenue signals point to moderate effects on near-term investor sentiment and performance.
Globus Medical reported record EPS and margin expansion in Q2 2026. Record EPS and margin expansion reflect stronger profitability that can lift near-term investor sentiment and valuation.
6 Aug
Globus Medical reported Q2 earnings with key metrics compared to analyst estimates. Q2 earnings metrics versus estimates may moderately influence Globus Medical's financial perception and near-term stock movement.
Globus Medical (GMED) Q2 earnings and revenues surpassed estimates. Q2 earnings and revenue beats signal modestly stronger financial performance without altering long-term trajectory.
Globus Medical exceeded Q2 CY2026 sales expectations. Quarterly sales beat signals moderate positive financial performance without major strategic changes.
Globus Medical reported its second quarter 2026 financial results. Quarterly results update financial performance and may shift short-term market views without altering long-term trajectory.
31 Jul
Globus Medical readies Q2 earnings release, questioning if enabling technologies will lead outcomes. Q2 earnings preview and enabling tech focus may sway short-term GMED investor sentiment.
20 Jul
Globus Medical encounters inherent contradictions in scaling its surgical robotics business that create operational inefficiencies and margin pressures amid intensifying competition in spine and musculoskeletal devices. Robotics-related operational challenges create moderate effects on margins and positioning without fundamentally shifting company trajectory.
17 Jul
Globus Medical stock rose 43.6% over the past year on factors behind the rally. Year-long stock gains reflect positive operational momentum that may support near-term investor sentiment but do not guarantee fundamental trajectory shifts.
22 Jun
Globus Medical beat Q1 expectations but foreign exchange pressures may alter the investment case for GMED. Q1 earnings beat offset by FX pressures indicates moderately noticeable but limited effects on company trajectory.
Macro trends and currency headwinds restrict Globus Medical, Inc. (GMED) growth. Macro trends and currency headwinds limit GMED growth potential.