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GMEDGlobus Medical, Inc.
$71.05$9.6B
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
$71.05
At close - Nov 6, 4:00 PM EST - USD
Market Cap$9.58B
P/E17.3x
52W High$101.40
Volume9.27M
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.

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

-33% Peers

P/E is 33% below peer median

03

Market leadership

RS 38 · Lag

Laggard (Underperforming 62% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 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+31.1% target
Buy(37 analysts)
26 Buy10 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 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
GMED-18.61%
S&P 500 (^GSPC)+7.63%
1-Year Return
GMED+15.14%
S&P 500 (^GSPC)+9.69%
3-Year Return
GMED+52.76%
S&P 500 (^GSPC)+46.83%
5-Year Return
GMED-8.36%
S&P 500 (^GSPC)+38.13%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
17.3x
Forward P/EExpansion
14.2x
EV/EBITDA0th %ile
9.4x
FCF YieldCash Flow
7.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
17.3x
49.8x
0th· Low
EV/EBITDA
9.4x
25.2x
0th· Low
Price/FCF
12.7x
34.1x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$59.48-16.3%
Base (Fair)$89.13+25.4%
Bull$121.50+71.0%
$59.48 Bear$89.13 Base$121.50 Bull
Current Market Price: $71.05
Trades at a 20.3% discount to Base DCF ($89.13)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$2.94B+16.7% YoY
Net income FY25
$538M+422.3% YoY
Free cash flow FY25
$589M+45.3% YoY
Operating margin FY25
16.3%+9.7 pts YoY
ROIC (FY25)8.9%
Avg ROIC 5Y7%
ROE (TTM)11.8%
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 Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
$1.23+2.5%
vs $1.20
$764M-3.6%
vs $792M
Q3 2026
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
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
MarketBeat·19h ago
Globus Medical Q3 Earnings Call Highlights

Globus Medical NYSE: GMED lowered its 2026 revenue forecast after third-quarter sales fell, citing continued declines at its Nevro business, delayed spine product launches and lower contributions from competitive sales recruiting.

Zacks Investment Research·1d ago
GMED Q3 Earnings Call Highlights Guidance Cut and 2027 Reset

Globus Medical cuts its 2026 revenue outlook amid spine launch delays and weak Nevro sales while shifting its focus to new products and growth opportunities in 2027.

Seeking Alpha·2d ago
Globus Medical, Inc. (GMED) Q3 2026 Earnings Call Transcript

Globus Medical, Inc. (GMED) Q3 2026 Earnings Call Transcript

Zacks Investment Research·2d ago
Compared to Estimates, Globus Medical (GMED) Q3 Earnings: A Look at Key Metrics

The headline numbers for Globus Medical (GMED) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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
$71.05$9.58B17.3316.65%17.76%11.82%—
SYK logoSYKStryker Corporation
$325.87$124.93B34.6011.16%13.78%15.61%1.03%
ZBH logoZBHZimmer Biomet Holdings, Inc.
$105.59$20.43B26.337.2%8.96%6.05%0.91%
ATEC logoATECAlphatec Holdings, Inc.
$7.44$1.14B-13.4824.95%-10.35%-547.17%—
XTNT logoXTNTXtant Medical Holdings, Inc.
$0.29$40.59M-3.6414.21%-10.17%-23.45%—
MDT logoMDTMedtronic plc
$101.80$130.7B25.018.43%13.93%10.51%2.78%

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 over the trailing twelve months. Revenue was $2.94B in fiscal year 2025. That is 920% more than the $288.2M of fiscal year 2010.

How fast is Globus Medical, Inc. growing?

Globus Medical, Inc. (GMED) grew revenue by 13.4% over the trailing twelve months, compared with the twelve months before.

Is GMED profitable?

Yes. Globus Medical, Inc. (GMED) earned $557.7M in net income over the trailing twelve months (a 17.8% net margin).

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

Globus Medical, Inc. (GMED) had a return on equity (ROE) of 11.8% over the trailing twelve months. That is in line with the market's typical 10-15%.

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

Globus Medical, Inc. (GMED) generated $756.5M in free cash flow over the trailing twelve months.

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

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

See returns →