TransMedics Group, Inc. (TMDX) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 12 analysts70.4% Below Target
TMDX trades 70.4% below Wall Street's consensus target of $121.20.
Current Price$71.11
Average Target$121.20
Target
Current
Low$80.00
Median$124.00
High$142.00
Analyst Target Range
Forward P/E36.0x
(Growth Premium)
PEG Ratio—
Implied Growth-58.4%
(Declining)
Analyst Spread51.2%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes TMDX achieves its forward estimates and maintains a stable P/E multiple of 36.0x. This scenario reflects the blended consensus of 12 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
TMDX Price Target Analysis
Updated July 8, 2026As of July 8, 2026, TransMedics Group, Inc. (TMDX) has a Wall Street consensus price target of $121.20, based on estimates from 12 covering analysts. With the stock currently trading at $71.11, this represents a potential upside of +70.4%. The company has a market capitalization of $2.46B.
Analyst price targets range from a low of $80.00 to a high of $142.00, representing a 51% spread in expectations. The median target of $124.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 9 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, TMDX trades at a trailing P/E of 14.6x and forward P/E of 36.0x. Analysts expect EPS to grow -58.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $32.16, with bear and bull scenarios of $20.26 and $42.38 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Healthcare stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+50.8%
Industry Consensus
Avg Forward P/E
149.8x
(High Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 AVXLAnavex Life Sciences Corp. | $251M | $2.71 | $11.00 | +305.9% | Buy | — | 13 |
 STVNStevanato Group S.p.A. | $5.0B | $18.34 | $24.75 | +35.0% | Buy | 30.3x | 8 |
 NVCRNovoCure Limited | $2.0B | $17.72 | $33.00 | +86.2% | Buy | — | 15 |
 LIVNLivaNova PLC | $4.6B | $83.58 | $81.43 | -2.6% | Buy | 19.7x | 15 |
 ATRCAtriCure, Inc. | $1.7B | $32.80 | $51.33 | +56.5% | Buy | 926.6x | 19 |
 NTRANatera, Inc. | $40.3B | $281.27 | $261.00 | -7.2% | Buy | — | 27 |
 MMSIMerit Medical Systems, Inc. | $4.3B | $72.14 | $94.20 | +30.6% | Buy | 17.7x | 14 |
 ITGRInteger Holdings Corporation | $3.2B | $91.90 | $108.00 | +17.5% | Buy | 15.1x | 15 |
 UNHUnitedHealth Group Incorporated | $388.9B | $428.19 | $426.75 | -0.3% | Buy | 23.3x | 52 |
 DVADaVita Inc. | $15.0B | $234.31 | $202.25 | -13.7% | Hold | 15.8x | 23 |
TMDX — Frequently Asked Questions
Quick answers to the most common questions about buying TMDX stock.
What is the TMDX stock price target for 2026?
The consensus Wall Street price target for TMDX is $121.2, representing 70.4% upside from the current price of $71.115. With 12 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is TMDX a buy, sell, or hold?
TMDX has a consensus rating of "Buy" based on 12 Wall Street analysts. The rating breakdown is predominantly bullish, with 9 Buy/Strong Buy ratings. The consensus 12-month price target of $121.2 implies 70.4% upside from current levels.
Is TMDX stock overvalued or undervalued?
At a forward P/E of 35.9621x, TMDX trades at a premium valuation. The consensus price target of $121.2 (70.4% upside) suggests analysts still see growth justifying the multiple.
How high can TMDX stock go?
The most bullish Wall Street analyst has a price target of $142 for TMDX, while the most conservative target is $80. The consensus of $121.2 represents the median expectation. Our quantitative valuation model projects a bull case target of $42 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover TMDX stock?
TMDX is moderately covered, with 12 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 9 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the TMDX stock forecast?
The 12-month TMDX stock forecast based on 12 Wall Street analysts shows a consensus price target of $121.2, with estimates ranging from $80 (bear case) to $142 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $32, with bear/bull scenarios of $20/$42.
What is TMDX's fair value based on fundamentals?
Our quantitative valuation model calculates TMDX's fair value at $32 (base case), with a bear case of $20 and bull case of $42. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
What is TMDX's forward P/E ratio?
TMDX trades at a forward P/E ratio of 36.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.6x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy TMDX stock?
Wall Street analysts are very optimistic on TMDX, with a "Buy" consensus rating and $121.2 price target (70.4% upside). 9 of 12 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do TMDX price targets vary so much?
TMDX analyst price targets range from $80 to $142, a 51% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $121.2 consensus represents the middle ground. Our model's $20-$42 range provides an independent fundamental perspective.
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