Penumbra (PEN) Stock Overview
Designs, develops, manufactures, and markets medical devices in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for PEN from our risk checks.
PEN Community Fair Values
Create NarrativeSee what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Penumbra, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$318.71 |
| 52 Week High | US$362.41 |
| 52 Week Low | US$221.26 |
| Beta | 0.70 |
| 1 Month Change | -1.20% |
| 3 Month Change | -5.20% |
| 1 Year Change | 24.25% |
| 3 Year Change | -5.53% |
| 5 Year Change | 19.11% |
| Change since IPO | 671.69% |
Recent News & Updates
Narrative Update • Jun 03
PEN: Positive Pulmonary Embolism Trial Outcomes Will Support A Stronger Forward Outlook
Analysts have slightly trimmed their price target on Penumbra to $363.36 from $365.79, reflecting updated assumptions around the discount rate, revenue growth, profit margins, and future P/E. What's in the News Penumbra reported 90 day results from the STORM-PE randomized controlled trial, where patients with acute intermediate high risk pulmonary embolism treated with computer assisted vacuum thrombectomy (CAVT) plus anticoagulation showed greater functional improvement than those on anticoagulation alone, including longer six minute walk distances and a higher share reaching NYHA Class I, according to data presented at the Society of Interventional Radiology Annual Scientific Meeting.Narrative Update • Apr 25
PEN: Trial Outcomes And Steady Assumptions Will Shape Balanced Forward Outlook
Analysts have maintained their price target on Penumbra at $365.79, making only minor adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated views on the company’s risk profile and earnings potential. What's in the News Ninety-day results from the STORM-PE randomized controlled trial showed that patients with acute intermediate high risk pulmonary embolism treated with computer assisted vacuum thrombectomy plus anticoagulation walked longer distances in the six minute walk test, reached higher predicted walk distances, and had a higher share of patients with no physical limitations compared with anticoagulation alone, with broadly comparable safety outcomes through 90 days (Key Developments).Recent updates
Narrative Update • Jun 03
PEN: Positive Pulmonary Embolism Trial Outcomes Will Support A Stronger Forward Outlook
Analysts have slightly trimmed their price target on Penumbra to $363.36 from $365.79, reflecting updated assumptions around the discount rate, revenue growth, profit margins, and future P/E. What's in the News Penumbra reported 90 day results from the STORM-PE randomized controlled trial, where patients with acute intermediate high risk pulmonary embolism treated with computer assisted vacuum thrombectomy (CAVT) plus anticoagulation showed greater functional improvement than those on anticoagulation alone, including longer six minute walk distances and a higher share reaching NYHA Class I, according to data presented at the Society of Interventional Radiology Annual Scientific Meeting.Narrative Update • Apr 25
PEN: Trial Outcomes And Steady Assumptions Will Shape Balanced Forward Outlook
Analysts have maintained their price target on Penumbra at $365.79, making only minor adjustments to inputs such as discount rate, revenue growth, profit margin and future P/E assumptions to reflect updated views on the company’s risk profile and earnings potential. What's in the News Ninety-day results from the STORM-PE randomized controlled trial showed that patients with acute intermediate high risk pulmonary embolism treated with computer assisted vacuum thrombectomy plus anticoagulation walked longer distances in the six minute walk test, reached higher predicted walk distances, and had a higher share of patients with no physical limitations compared with anticoagulation alone, with broadly comparable safety outcomes through 90 days (Key Developments).Narrative Update • Apr 08
PEN: Merger Terms And Steady Assumptions Will Shape Balanced Forward Outlook
Analysts have raised their price target for Penumbra to $365.79 from $360.13, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that together support a slightly higher valuation framework. What's in the News Boston Scientific Corporation agreed to acquire Penumbra for US$14.8b under a definitive merger agreement announced on January 14, 2026.Narrative Update • Mar 25
PEN: Merger Agreement And Steady Metrics Will Shape Measured Forward Outlook
Analysts have kept their $360.13 price target for Penumbra broadly unchanged, citing slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E. Taken together, these changes leave their overall valuation view steady for now.Narrative Update • Mar 11
PEN: Proposed Buyout Terms And Revised Assumptions Will Shape Balanced Outlook
Analysts have nudged their price target on Penumbra higher to about $360 from roughly $349, citing updated assumptions that combine slightly lower revenue growth and a modestly lower future P/E with a somewhat higher profit margin outlook and a small adjustment to the discount rate. What's in the News Boston Scientific agreed to acquire Penumbra in a cash and stock deal valued at about US$14.8b, pricing each Penumbra share at US$374.Narrative Update • Feb 24
PEN: Proposed Cash And Stock Buyout Will Define Balanced Risk Reward Profile
Analysts have maintained their fair value estimate for Penumbra at about $348.53, with only a slight adjustment to key model inputs such as the discount rate and future P/E. This reflects updated assumptions rather than a major shift in outlook.Narrative Update • Feb 10
PEN: Proposed Takeover Terms And Steady Outlook Will Shape Risk Reward Balance
Analysts now hold Penumbra's fair value estimate steady at about $348.53 per share, with only slight tweaks to inputs such as the discount rate and future P/E. This reflects a largely unchanged view of the stock's risk and earnings profile.Narrative Update • Jan 27
PEN: Acquisition Proposal And 2025 Guidance Will Shape Future Risk Reward Balance
Analysts have raised their price target on Penumbra by about $11 per share, citing updated assumptions that include slightly higher fair value estimates, a modestly lower discount rate, and small adjustments to revenue growth, profit margin, and future P/E expectations. What's in the News Boston Scientific entered into a definitive agreement to acquire Penumbra for $14.8b, valuing each Penumbra share at $374, with stockholders able to elect cash or Boston Scientific stock, subject to proration and regulatory and shareholder approvals (M&A Transaction Announcement).Narrative Update • Jan 11
PEN: Trial Results And 2025 Guidance Will Shape Future Risk Reward Balance
Analysts have increased their price target on Penumbra by about $10 to reflect updated fair value assumptions, a slightly lower discount rate, modestly higher revenue growth expectations, a small adjustment to profit margin forecasts, and a higher future P/E multiple. What's in the News Penumbra updated its earnings guidance for 2025 and now expects total revenue in a range of US$1.375b to US$1.380b, based on 2024 revenue of US$1.195b, while maintaining its full year 2025 gross margin and operating margin guidance (Key Developments).Analysis Article • Jan 11
Do Penumbra's (NYSE:PEN) Earnings Warrant Your Attention?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Narrative Update • Dec 27
PEN: Trial Data And 2025 Guidance Will Shape Future Risk Reward Balance
Analysts have modestly raised their price target on Penumbra, increasing the estimated fair value by about $18 to roughly $328 per share. This reflects slightly stronger expectations for long term revenue growth and sustainable earnings multiples, despite only marginal tweaks to discount rate and margin assumptions.Seeking Alpha • Dec 15
Penumbra: Well-Placed For Above-Average Growth, But Mind The Volatility
Summary Penumbra offers compelling growth in mechanical thrombectomy, with strong recent results and expanding addressable markets in pulmonary embolism and neurovascular. PEN’s STORM-PE and CLOSABLE studies and upcoming Thunderbolt launch position the company for accelerated adoption and revenue growth in 2026 and beyond. Valuation remains challenging, with shares trading at high multiples, but robust growth and potential M&A interest justify a more flexible stance. I see around 10% upside at current levels, with beat-and-raise potential and long-term EBITDA margin expansion into the mid-20% range. Read the full article on Seeking AlphaNarrative Update • Dec 13
PEN: Clinical Trial Outcomes And 2025 Guidance Will Shape Balanced Outlook
Analysts have nudged their price target on Penumbra slightly higher, to approximately $310 per share from about $307, citing a modestly lower discount rate and a higher long term earnings multiple that more than offset a small trim to projected profit margins. What's in the News Penumbra raised its 2025 total revenue guidance to a range of $1.375 billion to $1.380 billion, implying 15% to 16% growth over 2024, while reiterating full year gross and operating margin targets (company guidance).Analysis Article • Nov 28
Penumbra, Inc. (NYSE:PEN) Looks Just Right With A 27% Price Jump
Penumbra, Inc. ( NYSE:PEN ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...Narrative Update • Nov 21
PEN: Upcoming Clinical Results And Balanced Outlook Will Shape 2025 Performance
Analysts have modestly raised their price target for Penumbra from $306.74 to $306.79, citing incremental improvements in projected revenue growth and a slight decrease in the discount rate as key factors supporting the adjustment. What's in the News Penumbra updated its 2025 guidance, increasing expected total revenue to $1.375 to $1.38 billion, reflecting 15% to 16% growth over 2024, and maintained its gross and operating margin outlook for the year (Corporate Guidance).Narrative Update • Nov 07
PEN: Latest Clinical Trial Results Will Drive Global Expansion Momentum
Analysts have raised their price target for Penumbra from $303.33 to $306.74, citing modest improvements in profit margin and revenue growth forecasts. What's in the News Penumbra raised its 2025 revenue guidance to a range of $1.375 billion to $1.38 billion, representing 15% to 16% growth over 2024 figures, and reaffirmed its gross and operating margin guidance (Key Developments).Narrative Update • Sep 08
STORM-PE Trial And New Therapies Will Expand Global Reach
The reduction in Penumbra’s Analyst Price Target reflects a combination of weakening net profit margins and a higher future P/E multiple, with fair value revised down from $310.24 to $303.33. What's in the News Company completed repurchase of 517,763 shares (1.33%) for $100 million under the current buyback, with no shares repurchased in the latest quarter.Analysis Article • Aug 01
Results: Penumbra, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Penumbra, Inc. ( NYSE:PEN ) defied analyst predictions to release its quarterly results, which were ahead of market...Analysis Article • Jun 23
The Return Trends At Penumbra (NYSE:PEN) Look Promising
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Seeking Alpha • Mar 13
Penumbra Off And Running On Renewed Enthusiasm For Mechanical Thrombectomy
Summary Penumbra's shares have surged again on renewed confidence in mechanical thrombectomy growth and a competitor's acquisition, but the current valuation is high at over 7x 2025 revenue estimate. Penumbra's thrombectomy business grew significantly in Q4'24, with U.S. revenue up 27% and venous revenue up 40%, driven by ongoing market penetration and share gains. Future growth looks promising with new products like Thunderbolt in stroke thrombectomy and ongoing penetration of other mechanical thrombectomy markets, but Stryker's Inari remains a formidable rival. Despite strong growth prospects, Penumbra's current valuation already reflects these expectations, making it a less than ideal candidate for GARP-type investors. Read the full article on Seeking AlphaSeeking Alpha • Jan 07
Penumbra: Re-Rated For The Wrong Reasons
Summary Penumbra has shown significant operating leverage and profitability, with strong topline growth and a more than five-fold increase in revenue since its IPO in 2015. Despite a recent recovery in share price, growth has slowed, particularly due to challenges in China, leading to a cautious stance. Current valuation multiples have expanded, but growth expectations have softened, making the risk-reward proposition less attractive. I have sold out of my modest position due to higher expectations and slower growth, but Penumbra remains an interesting company to watch for future opportunities. Read the full article on Seeking Alpha
New Narrative • Aug 27
CAVT Technology Powers Thrombectomy Leader To Transformative Growth And Global Expansion
Introduction of CAVT technology positions Penumbra as a thrombectomy leader, driving revenue growth through innovation and market share gains.Seeking Alpha • Aug 20
Penumbra Grinding Through A Painful Growth Expectations Reset
Summary Penumbra's stock has sold off sharply over the last year as decelerating revenue growth has spooked growth investors out of this high-multiple stock. Q2 results included 14% revenue growth, a small beat versus the Street, and improved margins, but management reduced revenue guidance by $60M (around 5%). Penumbra isn't the only player seeing a slower VTE/thrombectomy market, as Inari's business has also slowed; it's unclear what is driving the slowdown, but temporary market saturation is plausible. Penumbra's core VTE markets are only about 20% penetrated, and there are compelling arguments for using thrombectomy in eligible patients instead of anticoagulants. Penumbra is a borderline call today; I can make a case for a share price of $225, but it may take a few more quarters for the business to reaccelerate. Read the full article on Seeking AlphaSeeking Alpha • May 30
Penumbra: Appeal Improves As Operating Leverage Continues
Summary Penumbra, a neurovascular player, has experienced solid topline growth over the past decade, now accompanied by operating leverage. Shares have fallen 20% from February levels, making them more appealing, but valuations are still demanding. The company's focus on removing clots and treating aneurysms has led to strong growth, as I am willing to dip my toes into the water on further dips. Read the full article on Seeking AlphaShareholder Returns
| PEN | US Medical Equipment | US Market | |
|---|---|---|---|
| 7D | -0.6% | -0.5% | 0.8% |
| 1Y | 24.3% | -20.2% | 24.2% |
Return vs Industry: PEN exceeded the US Medical Equipment industry which returned -20.7% over the past year.
Return vs Market: PEN exceeded the US Market which returned 21.5% over the past year.
Price Volatility
| PEN volatility | |
|---|---|
| PEN Average Weekly Movement | 1.3% |
| Medical Equipment Industry Average Movement | 8.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PEN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PEN's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 4,700 | Adam Elsesser | www.penumbrainc.com |
Penumbra, Inc., together with its subsidiaries, designs, develops, manufactures, and markets medical devices in the United States and internationally. It offers computer-assisted vacuum thrombectomy; peripheral thrombectomy products, including the Indigo System for power aspiration of thrombus in the body; Lightning Flash, a mechanical thrombectomy system; Lightning Bolt 7, an arterial thrombectomy system; and CAT RX. It also provides access products, including guide catheters and the Penumbra distal delivery catheters under the Neuron, Neuron MAX, BENCHMARK, BMX, DDC, Access25; MIDWAY, and PX SLIM brands; Penumbra System, an integrated mechanical thrombectomy system comprising reperfusion catheters and separators, the 3D Revascularization device, aspiration tubing, aspiration pump, and other components and accessories under the Penumbra RED, SENDit, JET, ACE, BMX, Max, 3D Revascularization Device, and Penumbra ENGINE brands; and neuro embolization coiling systems that include the Penumbra Coil 400, for the treatment of aneurysms and other complex lesions, detachable coils of neurovascular lesions under the Penumbra SMART COIL, SwiftSET, and Penumbra SwiftPAC Coil brands; and POD400 and PAC400 brands.
Penumbra, Inc. Fundamentals Summary
| PEN fundamental statistics | |
|---|---|
| Market cap | US$12.52b |
| Earnings (TTM) | US$171.05m |
| Revenue (TTM) | US$1.45b |
73.3x
P/E Ratio8.6x
P/S RatioIs PEN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PEN income statement (TTM) | |
|---|---|
| Revenue | US$1.45b |
| Cost of Revenue | US$474.32m |
| Gross Profit | US$979.97m |
| Other Expenses | US$808.92m |
| Earnings | US$171.05m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.35 |
| Gross Margin | 67.38% |
| Net Profit Margin | 11.76% |
| Debt/Equity Ratio | 0% |
How did PEN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 05:31 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Penumbra, Inc. is covered by 27 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Baird |
| David Rescott | Baird |
| Joanne Wuensch | BMO Capital Markets Equity Research |