MMSI Stock Analysis: Buy, Sell, or Hold?

MMSI - Merit Medical Systems Inc

SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
$89.73
-1.03 (-1.13%) ▼
5d: -0.02%
30d: +21.27%
90d: +46.24%
WAIT
LOW Confidence
Analysis Updated: Aug 17, 2026 12:00 AM ET
Earnings: Jul 30, 2026 0d

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Interactive Price Chart (1 Month)

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💡
Bottom Line:
📊 MIXED SIGNALS: MMSI shows conflicting indicators. Wait for confirmation before entering.
See Forward Earnings Fair Value & Price Prediction →

Long-Term Wealth Forecast (2031)

Based on Analyst Consensus Growth & Historical Valuation

0% (Stagnation) 50% (Hyper Growth)
EST. PRICE IN 2031
$106.55
Based on 5.6% avg growth
INTRINSIC VALUE TODAY
$66.16
Trading above historical range

How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 17.6x Exit PE.

In-depth Analysis How we analyze

Valuation Analysis: MMSI is currently trading at $89.73, which is considered extended relative to its 30-day fair value range of $71.65 to $85.04. From a valuation perspective, the stock is trading at a premium (Forward PE: 19.7) compared to its historical average (17.6). At these levels, the market is pricing in 3.8% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.

Technical Outlook: Technically, MMSI is in a strong uptrend. The price is approaching resistance at $92.26. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.

Market Sentiment: MMSI scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Current signals suggest waiting for a better entry point before initiating new positions.

Quick Decision Summary

Current Position EXTENDED
Historical Trading Range $71.65 - $85.04
Company Quality Score 35/100 (SELL)
Volume Confirmation HIGH
Confidence Score 20.0%

All Signals

  • BEARISH: Price extended above range (+5.5% above its trading range)
  • BEARISH: Weak technical setup (0/100)
  • BULLISH: High volume confirmation
  • NEUTRAL: Near Wall St target ($99.82)
  • NEUTRAL: Market pricing in 3.8% annual earnings growth - fairly valued
  • WARNING: Composite score 35/100 in the bottom quintile — this cohort historically lags the market

Trading Range Analysis

30-Day Trading Range $71.65 - $85.04
Current vs Trading Range EXTENDED

Support & Resistance Levels

Support Level $83.59
Resistance Level $92.26
Current Trend Strong Uptrend
Technical data as of Aug 17, 2026

Fundamental Context

Forward P/E (Next Year Est.) 19.68
Wall Street Target $99.82 (+10.0%)
Revenue Growth (YoY) 9.5%
Earnings Growth (YoY) 20.4%
Profit Margin 9.2%
Valuation Premium vs History +3.8% premium
PE vs Historical 19.7 vs 17.6 FAIR
Market-Implied Price Targets If current PE multiple persists
Implied Growth (YoY): +3.8% (market-implied from PE analysis)
1-Year Target $94.21 (+4%)
2-Year Target $97.79 (+8%)
3-Year Target $101.50 (+12%)
3-Yr Target (if PE normalizes) (PE: 20→18) PE COMPRESSION $90.77 (0%)
Earnings growth offset by PE compression
3-Year Scenarios Using analyst projected EPS growth
Bull: (PE: 20.2, Growth: 7.2%) $114.89 (+27%)
Base: (SPY PE: 19.7, Growth: 7.2%) $111.78 (+23%)
Bear: (PE: 16.7, Growth: 7.2%) $95.01 (+5%)
📈 Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (38x PE), but valuation improves significantly next year (20x PE) as earnings recover.
Trailing PE: 37.55 | Current EPS (TTM): $2.41
Bull Case $190.49 (+112%)
Analyst growth 91.3%, PE expands to 41.3
Base Case $173.17 (+93%)
Market implied 91.3%, PE stable at 37.6
Bear Case $61.54 (-31%)
Severe decline -20.0%, PE contracts to 31.9
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
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Last updated: August 18, 2026 3:27 AM ET
Data refreshes hourly during market hours. Next update: 4:27 AM
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Technical Signals Check
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL

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