Added to YB: 2026-05-08
Pitch date: 2026-05-06
TCMD [bullish]
Tactile Systems Technology, Inc.
-3.52%
current return
Author Info
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Company Info
Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States.
Market Cap
$542.5M
Pitch Price
$26.96
Price Target
60.46 (+139%)
Dividend
N/A
EV/EBITDA
11.37
P/E
27.15
EV/Sales
1.41
Sector
Health Care Equipment and Supplies
Category
growth
Tactile Systems Q1 2026 Earnings (Beat & Raise)
TCMD (earnings): Q1 rev +23% YoY, gross margin +2.5% to 76.5%. Beat & raised FY26 guide to 9-12% growth (from 8-11%). Medicare sales +40% on National Coverage Determination tailwind. FDA approved next-gen Afflovest, enhanced Flexitouch by 2027. $75M cash, $0 debt. Q2-Q3 may face prior authorization bumps, stronger in H2. $60.46 PT by end 2028 unchanged.
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