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GMEDGlobus Medical, Inc.
$75.19$10.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
GMED logo

Globus Medical, Inc.

GMED
NYSE · Medical Devices
$75.19
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$10.14B
P/E19.2x
52W High$101.40
Volume1.93M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Margin Expansion Masks Nevro Integration Drag

Globus Medical's post-NuVasive integration has driven a remarkable margin transformation, with gross margin expanding from 59.9% in Q4 2024 to 69.4% in Q2 2026 and operating margin rising from 9.2% to 23.1% over the same period. The balance sheet is fortress-l...

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

GMED price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-24% Peers

P/E is 24% below peer median

03

Market leadership

RS 34 · Lag

Laggard (Underperforming 66% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 5
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 27% in Q1 2026 but slowed to 5.9% in Q2 2026, while gross margin expanded to 69.4% and operating margin reached 23.1%, reflecting strong operational leverage.

Analyst Consensus+31.5% target
Buy(36 analysts)
26 Buy9 Hold1 Sell

The Bull Case

Upside Catalysts

Strong financial performance

Record Q4 and full year 2025 results, along with raised non-GAAP EPS guidance, indicate robust financial health.

Positive revenue outlook

Management reaffirmed 2026 revenue guidance of US$3.18 billion to US$3.22 billion, signaling confidence in future growth.

Healthcare sector positioning

Operating in the Medical Devices sector, Globus Medical is well-positioned in a high-growth industry.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GMED-13.87%
S&P 500 (^GSPC)+13.20%
1-Year Return
GMED+32.35%
S&P 500 (^GSPC)+15.98%
3-Year Return
GMED+48.10%
S&P 500 (^GSPC)+82.78%
5-Year Return
GMED-5.50%
S&P 500 (^GSPC)+76.63%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
19.2x
Forward P/EExpansion
15.0x
EV/EBITDA0th %ile
16.2x
FCF YieldCash Flow
5.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
19.2x
49.8x
0th· Low
EV/EBITDA
16.2x
25.2x
0th· Low
Price/FCF
17.2x
34.1x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$61.18-18.6%
Base (Fair)$93.16+25.8%
Bull$126.75+68.6%
$61.18 Bear$93.16 Base$126.75 Bull
Current Market Price: $75.19
Trades at a 19.3% discount to Base DCF ($93.16)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.94B+16.7% YoY
Net income
$538M+422.3% YoY
Free cash flow
$589M+45.3% YoY
Operating margin
16.3%+9.7 pts YoY
ROIC (TTM)8.9%
Avg ROIC 5Y-
ROE (TTM)12.3%
Piotroski Score9 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate11/12 (92%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$1.34+21.8%
vs $1.10
$790M+0.9%
vs $783M
Q2 2026
May 7, 2026
$1.12+21.7%
vs $0.92
$760M+2.6%
vs $740M
Q1 2026
Feb 24, 2026
$1.28+20.8%
vs $1.06
$826M+3.1%
vs $802M
Q4 2025
Nov 6, 2025
$1.18+51.1%
vs $0.78
$769M+4.7%
vs $735M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·Sep 16, 2026
What Makes Globus Medical (GMED) a New Strong Buy Stock

Globus Medical (GMED) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Zacks Investment Research·Sep 15, 2026
Top Robotics Stocks to Add to Your Portfolio for Impressive Returns

Robotics is poised for robust long-term growth. Consider NVDA, TER, ZBRA and GMED for potential market dominance across sectors.

Zacks Investment Research·Sep 14, 2026
GMED vs. ITGR: Which Stock Should Value Investors Buy Now?

Investors with an interest in Medical - Instruments stocks have likely encountered both Globus Medical (GMED) and Integer (ITGR). But which of these two companies is the best option for those looking for undervalued stocks?

Zacks Investment Research·Sep 14, 2026
Why Globus Medical (GMED) is a Top Value Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Filtered for Globus Medical, Inc.More Headlines
04

Compare before deciding

Benchmark GMED against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Globus Medical, Inc. (GMED)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
GMED logoGMEDGlobus Medical, Inc.Current
$75.19$10.14B19.1816.65%18.3%12.29%—
SYK logoSYKStryker Corporation
$275.07$105.45B32.7511.16%14.43%16.36%—
ZBH logoZBHZimmer Biomet Holdings, Inc.
$93.98$18.18B26.477.2%9.48%6.36%—
ATEC logoATECAlphatec Holdings, Inc.
$10.33$1.59B-10.7624.95%-13.5%-818.99%—
XTNT logoXTNTXtant Medical Holdings, Inc.
$0.36$50.49M12.0014.21%-10.17%-23.45%—
MDT logoMDTMedtronic plc
$90.77$116.54B24.348.43%13.93%10.51%—

Compare GMED vs Peers

Globus Medical, Inc. (GMED) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SYK

Most directly comparable listed peer for GMED.

Scale Benchmark

vs ISRG

Larger-name benchmark to compare GMED against a more recognizable public peer.

Peer Set

Compare Top 5

vs SYK, ZBH, ATEC, XTNT

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

GMED SEC Filings & Documents

Globus Medical, Inc. (GMED) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jun 4, 2026·SEC

Material company update

May 7, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 20, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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GMED Frequently Asked Questions

Globus Medical, Inc. (GMED) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Globus Medical, Inc.'s revenue?

Globus Medical, Inc. (GMED) reported $3.14B in revenue for fiscal year 2025. This represents a 991% increase from $288.2M in 2010.

How fast is Globus Medical, Inc. growing?

Globus Medical, Inc. (GMED) grew revenue by 16.7% over the past year. This is strong growth.

Is GMED profitable?

Yes, Globus Medical, Inc. (GMED) is profitable, generating $535.5M in net income for fiscal year 2025 (18.3% net margin).

Dividend & Returns
What is GMED's return on equity?

Globus Medical, Inc. (GMED) has a return on equity (ROE) of 12.3%. This is reasonable for most industries.

What is Globus Medical, Inc.'s free cash flow?

Globus Medical, Inc. (GMED) generated $750.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in GMED back in 2010?

Total return calculator · dividends reinvested · 16+ years of data

See returns →