Added to YB: 2026-06-30
Pitch date: 2026-06-27
CHEOY [bullish]
Cochlear Limited
+2.93%
current return
Author Info
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Company Info
Cochlear Limited provides implantable hearing solutions for children and adults worldwide. The company offers cochlear implant systems, sound processor upgrades, bone conduction systems, and other products.
Market Cap
AUD 7.7B
Pitch Price
AUD 117.63
Price Target
139.00 (+15%)
Dividend
3.64%
EV/EBITDA
13.02
P/E
22.40
EV/Sales
3.32
Sector
Health Care Equipment and Supplies
Category
value
Deep Dive (5/10): Cochlear ($CHEOY)
CHEOY: Global cochlear implant leader (60% share, 700k+ installed base) down ~70% from highs on Nexa transition stall, FX, soft macro, frozen Mideast tenders—all transient, moat intact (infinite switching costs, surgeon trust, 10yr regulatory barrier). 70%+ GM, services annuity. ~16x trailing at lows; intrinsic A$139, ~25-45% upside. TICI optionality. Buy via ADR.
Read full article (11 min)