Vericel Corporation exceeded market expectations for revenue and earnings per share in its third-quarter results. While analysts maintained their forecasts for the next fiscal year, several refrained from changing their price targets.
Vericel Corporation reported third-quarter results, with revenue of $85.0 million, approximately 9.5% above market expectations, and earnings per share of $0.27, 370% above expectations. The results support forecasts for the next fiscal year, an important indicator for investors, and provide a reference point for tracking the company's performance.
Following the earnings release, 8 analysts forecast 2027 revenue of $392.9 million and EPS of $0.88. There were no major changes from their previous forecasts, and the analyst consensus remained unchanged. No significant shift was observed in market views of next year's outlook.
The consensus price target remained flat at $59.71. Although analysts' views on the company's future outlook varied, there was no major divergence. The most optimistic price target was $72.00 and the most pessimistic was $52.00, with views that the range remained relatively narrow.