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TMDX 4-star rating from Upturn Advisory
TransMedics Group Inc (TMDX) company logo

TransMedics Group Inc (TMDX)

TransMedics Group Inc (TMDX) 4-star rating from Upturn Advisory
$150.42
Last Close (24-hour delay)
Profit since last BUY15.25%
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Strong Buy
BUY since 26 days
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Upturn Advisory Summary

12/01/2025: TMDX (4-star) is a STRONG-BUY. BUY since 26 days. Simulated Profits (15.25%). Updated daily EoD!

Upturn Star Rating

Upturn 4 star rating for performance

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

2 star rating from financial analysts

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $141.91

1 Year Target Price $141.91

Analysts Price Target For last 52 week
$141.91 Target price
52w Low $55
Current$150.42
52w High $151.85

Analysis of Past Performance

Type Stock
Historic Profit 53.46%
Avg. Invested days 36
Today’s Advisory Strong Buy
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.14B USD
Price to earnings Ratio 59.22
1Y Target Price 141.91
Price to earnings Ratio 59.22
1Y Target Price 141.91
Volume (30-day avg) 9
Beta 2.06
52 Weeks Range 55.00 - 151.85
Updated Date 12/2/2025
52 Weeks Range 55.00 - 151.85
Updated Date 12/2/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.54

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 16.2%
Operating Margin (TTM) 16.2%

Management Effectiveness

Return on Assets (TTM) 6.93%
Return on Equity (TTM) 32.48%

Valuation

Trailing PE 59.22
Forward PE 60.98
Enterprise Value 5053220490
Price to Sales(TTM) 9.08
Enterprise Value 5053220490
Price to Sales(TTM) 9.08
Enterprise Value to Revenue 8.92
Enterprise Value to EBITDA 38.2
Shares Outstanding 34174325
Shares Floating 33029485
Shares Outstanding 34174325
Shares Floating 33029485
Percent Insiders 2.95
Percent Institutions 111.18

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

TransMedics Group Inc

TransMedics Group Inc(TMDX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

TransMedics Group Inc. was founded in 1998 and is headquartered in Andover, Massachusetts. The company is focused on developing and delivering technologies for preserving and assessing organs for transplant. It pioneered the Organ Care System (OCS) technology.

Company business area logo Core Business Areas

  • Organ Care System (OCS) Heart: A portable heart perfusion and monitoring system designed to keep a donor heart viable and in a near-physiologic state from the donor to the recipient.
  • Organ Care System (OCS) Lung: A portable lung perfusion and ventilation system intended to maintain donor lungs in a near-physiologic state during preservation and transport.
  • Organ Care System (OCS) Liver: A portable liver perfusion and monitoring system designed to keep a donor liver viable and in a near-physiologic state from the donor to the recipient.

leadership logo Leadership and Structure

Waleed Hassanein, MD serves as President and Chief Executive Officer. The company has a board of directors overseeing strategic direction and governance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • OCS Heart: The OCS Heart system maintains donor hearts in a beating state, extending preservation time and enabling broader geographic reach for transplants. They have an estimated 35-40% market share in the US for heart preservation based on estimated transplants using OCS vs traditional methods. Competitors include traditional cold storage methods and Paragonix Technologies (PGNX).
  • OCS Lung: The OCS Lung system provides continuous ventilation and perfusion, improving the assessment and preservation of donor lungs. It has an estimated 50-55% market share in the US for lung preservation based on estimated transplants using OCS vs traditional methods. Competitors include traditional cold storage methods.
  • OCS Liver: The OCS Liver system maintains livers in a metabolically active state, allowing for better assessment of liver viability and function. The OCS Liver system has lower market share as it is the newest to market. Estimated 15-20% market share. Competitors include traditional cold storage methods and Organ Assist (not publicly traded).

Market Dynamics

industry overview logo Industry Overview

The organ transplant market is driven by the increasing need for organs and advancements in preservation technology. The industry faces challenges related to organ availability and logistics.

Positioning

TransMedics is positioned as a leader in organ preservation technology, offering a differentiated solution compared to traditional cold storage. Its competitive advantage lies in its proprietary OCS technology and its ability to improve organ viability and utilization.

Total Addressable Market (TAM)

The total addressable market for organ preservation is estimated to be in the billions of dollars. TransMedics is positioned to capture a significant portion of this market by expanding the use of its OCS technology and increasing organ transplant rates.

Upturn SWOT Analysis

Strengths

  • Proprietary OCS technology
  • Clinical evidence supporting improved organ viability
  • Established market presence in heart and lung preservation
  • Strong relationships with transplant centers

Weaknesses

  • High cost of OCS systems
  • Reliance on single product line
  • Need for ongoing clinical validation
  • Limited geographic presence

Opportunities

  • Expansion into new organ types (e.g., kidney, pancreas)
  • Geographic expansion into international markets
  • Development of next-generation OCS technology
  • Partnerships with organ procurement organizations

Threats

  • Competition from alternative preservation methods
  • Regulatory hurdles for new products
  • Reimbursement challenges from healthcare payers
  • Potential supply chain disruptions

Competitors and Market Share

Key competitor logo Key Competitors

  • PGNX

Competitive Landscape

TransMedics' OCS technology provides a competitive advantage over traditional cold storage, but Paragonix Technologies (PGNX) and other emerging technologies present ongoing competition.

Growth Trajectory and Initiatives

Historical Growth: TransMedics has experienced rapid revenue growth in recent years, driven by increasing adoption of its OCS technology.

Future Projections: Analysts project continued revenue growth for TransMedics as it expands its market share and introduces new products. See consensus analyst estimates.

Recent Initiatives: Recent initiatives include expanding the OCS Liver program and pursuing regulatory approvals in new geographies.

Summary

TransMedics Group Inc. is a growth-stage company leading in organ preservation technology with its OCS systems. Their clinical benefits justify high costs and ongoing sales are positive. While the company faces challenges from competition and reimbursement hurdles, their growth trajectory and innovation offer strong prospects. Management must scale the business and continue to develop new offerings to ensure the company maintains a leadership position in the organ transplant preservation niche. They have an attractive Total Addressable Market for a growing company.

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Sources and Disclaimers

Data Sources:

  • Company SEC filings (10-K, 10-Q)
  • Analyst reports
  • Company presentations
  • Company website

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. Market data estimates are approximate.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About TransMedics Group Inc

Exchange NASDAQ
Headquaters Andover, MA, United States
IPO Launch date 2019-05-02
Founder, President, CEO & Director Dr. Waleed H. Hassanein M.D.
Sector Healthcare
Industry Medical Devices
Full time employees 728
Full time employees 728

TransMedics Group, Inc., a commercial-stage medical technology company, engages in transforming organ transplant therapy for end-stage organ failure patients in the United States and internationally. The company offers Organ Care System (OCS), a portable organ perfusion, optimization, and monitoring system that utilizes its proprietary and customized technology to replicate near-physiologic conditions for donor organs outside of the human body. Its OCS includes OCS LUNG for the preservation of standard criteria donor lungs for double-lung transplantation; OCS Heart, a technology for preservation of DBD donor hearts deemed unsuitable due to limitations of cold storage and for ex vivo reanimation, functional monitoring, and beating-heart preservation of donation-after-circulatory-death hearts; and OCS Liver for the preservation of DBD and DCD of donor livers. The company also developed national OCS program, a turnkey solution for outsourced organ retrieval; and provides OCS organ management and logistics services, including aviation and ground transportation, and other coordination activity. The company was founded in 1998 and is headquartered in Andover, Massachusetts.