Globus Medical/$GMED

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Globus Medical

Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States. It also has its presence internationally.

Ticker

$GMED

Primary listing

NYSE

Industry

Health Care Equipment & Supplies

Employees

5,300

ISIN

US3795772082

Globus Medical Metrics

BasicAdvanced
$8B
44.03
$1.34
1.33
-

What the Analysts think about Globus Medical

Analyst ratings (Buy, Hold, Sell) for Globus Medical stock.

Bulls say / Bears say

Globus Medical's merger with NuVasive has significantly expanded its product portfolio and global reach, positioning the company as a formidable competitor in the musculoskeletal solutions market. (globenewswire.com)
The company reported a 60.6% increase in worldwide net sales for 2024, reaching $2.519 billion, indicating strong market demand and successful integration of acquired assets. (globenewswire.com)
Globus Medical's continued investment in enabling technologies, such as the ExcelsiusGPS robotic system, positions it at the forefront of surgical innovation, potentially driving future growth. (globenewswire.com)
The company received an FDA warning letter regarding its ExcelsiusGPS robotic system, citing deficiencies in complaint handling and reporting, which could impact product reputation and sales. (panabee.com)
Cost of sales increased to 41% of net sales in 2024, up from 35% the previous year, due to merger-related inventory amortization and elevated product expenses, potentially squeezing gross margins. (panabee.com)
Globus Medical faces near-term financial challenges with $450 million in convertible senior notes due in March 2025, coupled with negative other income of $45 million from foreign currency losses and increased interest expenses. (panabee.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.

Globus Medical Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Globus Medical Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $GMED

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs