TransMedics Group, Inc. (TMDX) saw its stock price soar 6.56% in pre-market trading on Wednesday.
The surge follows the company's release of strong fourth-quarter and full-year 2025 financial results after the previous trading session. TransMedics reported Q4 2025 revenue of $160.8 million, representing 32% year-over-year growth and beating analyst expectations. The medical technology company also provided strong guidance for fiscal year 2026, projecting revenue between $727 million and $757 million, representing 20% to 25% growth.
Adding to the positive sentiment, multiple analysts raised their price targets on the stock in pre-market activity. Needham increased its target price to $174 from $166, while JP Morgan raised its target to $149 from $114. Needham also maintained its Buy rating on the stock.
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