Medical Devices Stocks — Fair Value & Margin of Safety

Equity Rank covers 63 Medical Devices companies; 45 have a published model fair value, and 17 of those (38%) trade below the model estimate. The median model fair value sits 7.2% below the current price, under these model assumptions. Data as of 2026-10-22.

Source: Equity Rank — Medical Devices stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.

Medical Devices stocks furthest below the model estimate

Among companies valued by at least five methods. A wide gap can also mean the models are missing something.

  1. INMD — InMode Ltd: model fair value $24.25 vs. price $14.05, a model fair value differential of 72.6% above the current price (as of 2026-10-22)
  2. MDT — Medtronic PLC: model fair value $124.27 vs. price $96.59, a model fair value differential of 28.7% above the current price (as of 2026-10-22)
  3. ZBH — Zimmer Biomet Holdings Inc: model fair value $125.99 vs. price $98.81, a model fair value differential of 27.5% above the current price (as of 2026-10-22)
  4. GEHC — GE HealthCare Technologies Inc.: model fair value $90.09 vs. price $71.42, a model fair value differential of 26.1% above the current price (as of 2026-10-22)
  5. ABT — Abbott Laboratories: model fair value $125.59 vs. price $102.56, a model fair value differential of 22.5% above the current price (as of 2026-10-22)
  6. VMD — Viemed Healthcare Inc: model fair value $12.06 vs. price $9.92, a model fair value differential of 21.6% above the current price (as of 2026-10-22)
  7. TCMD — Tactile Systems Technology Inc: model fair value $27.73 vs. price $23.54, a model fair value differential of 17.8% above the current price (as of 2026-10-22)
  8. BVS — Bioventus Inc: model fair value $17.47 vs. price $15.04, a model fair value differential of 16.2% above the current price (as of 2026-10-22)
  9. BSX — Boston Scientific Corp: model fair value $51.72 vs. price $46.01, a model fair value differential of 12.4% above the current price (as of 2026-10-22)
  10. SNN — Smith & Nephew SNATS Inc: model fair value $34.28 vs. price $30.88, a model fair value differential of 11.0% above the current price (as of 2026-10-22)

All 63 Medical Devices companies

TickerCompanyPriceModel fair valueGap
ABTAbbott Laboratories$102.56$125.59+22.5%
MDTMedtronic PLC$96.59$124.27+28.7%
SYKStryker Corporation$307.26$296.36-3.5%
BSXBoston Scientific Corp$46.01$51.72+12.4%
EWEdwards Lifesciences Corp$90.09$66.86-25.8%
DXCMDexCom Inc$78.32$61.79-21.1%
GEHCGE HealthCare Technologies Inc.$71.42$90.09+26.1%
PHGKoninklijke Philips NV ADR$26.92Not published—
STESTERIS plc$232.22$212.84-8.3%
ZBHZimmer Biomet Holdings Inc$98.81$125.99+27.5%
PENPenumbra Inc$324.96$204.67-37.0%
SNNSmith & Nephew SNATS Inc$30.88$34.28+11.0%
GMEDGlobus Medical$81.64$111.15+36.1%
GKOSGlaukos Corp$176.69$153.96-12.9%
PODDInsulet Corporation$148.12$152.25+2.8%
BIO-BBio-Rad Laboratories Inc$357.12$361.20+1.1%
BIOBio-Rad Laboratories Inc$363.50$371.97+2.3%
TXG10X Genomics Inc$69.75$64.57-7.4%
BRKRBruker Corporation$57.31$51.84-9.5%
HAEHaemonetics Corporation$116.16$93.96-19.1%
LIVNLivaNova PLC$81.27$73.08-10.1%
ITGRInteger Holdings Corp$126.56$130.59+3.2%
IRTCiRhythm Technologies Inc$122.96Not published—
TMDXTransMedics Group Inc$72.06$71.86-0.3%
NEOGNeogen Corporation$11.98$11.12-7.2%
UFPTUFP Technologies Inc$297.33$244.10-17.9%
AXGNAxogen Inc$36.68$30.43-17.0%
INSPInspire Medical Systems Inc$72.66$69.61-4.2%
BFLYButterfly Network Inc$6.81$6.19-9.1%
NVCRNovocure Ltd$15.10$14.08-6.8%
ESTAEstablishment Labs Holdings Inc$63.52Not published—
ATECAlphatec Holdings Inc$11.36Not published—
CNMDCONMED Corporation$49.44$54.31+9.8%
ENOVEnovis Corp$21.59Not published—
TNDMTandem Diabetes Care Inc$17.15Not published—
IRMDIradimed Co$87.64$63.29-27.8%
AORTArtivion Inc$23.99$22.19-7.5%
PRCTProcept Biorobotics Corp$20.03$16.21-19.1%
CBLLCeriBell, Inc$27.40$23.59-13.9%
IARTIntegra LifeSciences Holdings$12.32Not published—
QDELQuidel Corporation$13.48Not published—
BBNXBeta Bionics, Inc. Common Stock$19.34$15.46-20.1%
BVSBioventus Inc$15.04$17.47+16.2%
SIBNSi-Bone Inc$21.56$17.96-16.7%
AHCOAdapthealth Corp$6.17Not published—
INMDInMode Ltd$14.05$24.25+72.6%
VREXVarex Imaging Corp$18.41$17.62-4.3%
CTKBCytek Biosciences Inc$5.43$4.80-11.6%
KIDSOrthopediatrics Corp$24.71Not published—
AVRAnteris Technologies Global Corp. Common Stock$6.05Not published—
TCMDTactile Systems Technology Inc$23.54$27.73+17.8%
DCTHDelcath Systems Inc$14.75$12.08-18.1%
BWAYBrainsway Ltd$11.44$8.61-24.7%
MASS908 Devices Inc$11.35$9.88-12.9%
SGHTSight Sciences Inc$9.09Not published—
NPCENeuropace Inc$13.14Not published—
SENSSenseonics Holdings, Inc. Common Stock$7.40Not published—
RCELAvita Medical Ltd$15.42Not published—
OFIXOrthofix Medical Inc$9.99Not published—
VMDViemed Healthcare Inc$9.92$12.06+21.6%
CVCapsoVision, Inc. Common Stock$6.80Not published—
CLPTClearpoint Neuro Inc$9.25Not published—
ELMDElectromed Inc$26.87$29.17+8.6%

Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.

Compare Medical Devices peers

ABT vs MDT · ABT vs SYK · ABT vs BSX · ABT vs EW · ABT vs DXCM · MDT vs SYK · MDT vs BSX · MDT vs EW · MDT vs DXCM · SYK vs BSX · SYK vs EW · SYK vs DXCM · BSX vs EW · BSX vs DXCM · EW vs DXCM

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