Vericel Corporation

NasdaqGM:VCEL Stock Report

Market Cap: US$2.3b

Vericel Management

Management criteria checks 3/4

Vericel's CEO is Nick Colangelo, appointed in Mar 2013, has a tenure of 13.42 years. total yearly compensation is $11.16M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth $13.94M. The average tenure of the management team and the board of directors is 4.9 years and 13.4 years respectively.

Key information

Nick Colangelo

Chief executive officer

US$11.2m

Total compensation

CEO salary percentage7.71%
CEO tenure13.4yrs
CEO ownership0.6%
Management average tenure4.9yrs
Board average tenure13.4yrs

Recent management updates

Recent updates

Narrative Update Jul 31

VCEL: Raised Guidance And Buyback Will Support Stronger Forward Repricing

Analysts have raised their fair value estimate for Vericel stock from $42.00 to $55.00, citing recent price target increases that follow reported MACI performance in Q2, as well as guidance they consider achievable for the second half of the year. Analyst Commentary Recent Street research on Vericel has focused on how current expectations for MACI and the broader MedTech backdrop feed into risk and reward for the stock.
Narrative Update Jul 17

VCEL: Raised Outlook And New Headquarters Will Support Stronger Future Position

Vericel's implied fair value estimate has moved from about $53.88 to $57.14 as analysts adjust their price targets, citing updated expectations around revenue growth, profit margins and sector volatility. What’s in the News for Vericel Vericel approved an amendment to the company’s bylaws to reflect the relocation of its principal executive offices to a new global headquarters at 25 Blue Sky Drive, Burlington, Massachusetts 01803.
Narrative Update Jun 26

VCEL: Strong Q1 Execution And BARDA Contract Will Drive Future Upside

Analysts have raised their fair value estimate for Vericel to $70.00 from $64.00, citing updated assumptions on revenue growth, profit margins, and future P/E, even as some Street targets such as Truist's have recently moved lower. What’s in the News for Vericel Analysts highlighted Vericel’s recent first quarter results, where revenues were reported at 7.6% above expectations and statutory losses were reduced, according to a summary of Wall Street research (source: Zacks / TD Cowen coverage summary).
Analysis Article Jun 22

Vericel (VCEL) Stock Could Be 37.3% Undervalued After Earnings Beat And Fund Buying

Vericel (VCEL) has drawn fresh attention after institutional holders such as BlackRock and State Street lifted their positions, and the company reported quarterly earnings per share that came in above market expectations. See our latest analysis for Vericel. Vericel's share price has picked up momentum recently, with a 1-day share price return of 2.48%, 7-day return of 7.05%, and 90-day return of 23.57%. This comes even though the 1-year total shareholder return declined 4.57% and the 5-year...
Analysis Article May 09

The Vericel Corporation (NASDAQ:VCEL) First-Quarter Results Are Out And Analysts Have Published New Forecasts

As you might know, Vericel Corporation ( NASDAQ:VCEL ) just kicked off its latest quarterly results with some very...
New Narrative May 02

Expanded Cell Therapy Capacity And Burn Care Franchise Will Drive Multiyear Upside Potential

Catalysts About Vericel Vericel develops and manufactures advanced cell therapies for cartilage repair and severe burn care. What are the underlying business or industry changes driving this perspective?
New Narrative Apr 17

Expanded Cell Therapy Pipeline Will Face Execution Risks Yet Ultimately Support Healthier Business

Catalysts About Vericel Vericel develops and manufactures advanced cell therapies for sports medicine and burn care, including MACI for cartilage repair and Epicel and NexoBrid in burn care. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Jan 04

Vericel: Growth Plans May Have Run Out Of Gas (Rating Downgrade)

Summary Vericel (VCEL) is rated a hold due to inconsistent growth, fluctuating profitability, and limited near-term upside at current valuation. VCEL’s future hinges on scaling MACI, as Epicel and Nexobrid have stalled and face capped demand in niche markets. International expansion and MACI Arthro could drive growth, but execution risks and delayed timelines temper confidence in acceleration. Despite strong cash and no long-term debt, persistent SG&A growth and negative free cash flow highlight challenges in achieving sustainable profitability. Read the full article on Seeking Alpha
Analysis Article Nov 12

There's No Escaping Vericel Corporation's (NASDAQ:VCEL) Muted Revenues Despite A 29% Share Price Rise

Vericel Corporation ( NASDAQ:VCEL ) shares have had a really impressive month, gaining 29% after a shaky period...
Analysis Article Jun 16

Does Vericel (NASDAQ:VCEL) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 01

Risks To Shareholder Returns Are Elevated At These Prices For Vericel Corporation (NASDAQ:VCEL)

With a median price-to-sales (or "P/S") ratio of close to 9.6x in the Biotechs industry in the United States, you could...
Seeking Alpha Mar 06

Vericel: Scalable Growth With Strong Margins

Summary Vericel's niche in regenerative medicine is undervalued, with FDA-approved products like MACI, Epicel, and NexoBrid driving steady revenue growth and profitability. The company's strong financials include $167 million in cash, zero debt, and a 16% year-over-year revenue increase, highlighting operational efficiency. MACI's expansion into ankle cartilage repair and a robust pipeline suggest significant future earnings potential, despite current market hesitations. VCEL's strategy focuses on indication expansion and market penetration, aiming for long-term margin growth and reduced vulnerability to high-risk drug development. Read the full article on Seeking Alpha
Seeking Alpha Dec 19

Vericel Corporation: Hard To Justify Current Valuation

Summary Vericel Corporation, specializing in cellular therapies for sports medicine and severe burn care, has seen a 40% rise in its stock recently. Core products include MACI, NexoBrid, and Epicel, with Q3 revenues rising 27% year-over-year to $57.9 million, beating expectations. The company is turning the corner on profitability, but valuations look stretched at current trading levels. An analysis around Vericel follows in the paragraphs below. Read the full article on Seeking Alpha
Analysis Article Nov 09

Vericel Corporation (NASDAQ:VCEL) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Vericel Corporation ( NASDAQ:VCEL ) shares have had a really impressive month, gaining 32% after a shaky period...
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New Narrative Sep 10

MACI And NexoBrid Drive Record Revenues And Profit Growth, Setting Stage For Robust Future Performance

Expansion of MACI and NexoBrid markets driving record revenues, indicating significant future revenue growth.
Analysis Article Jul 12

What Vericel Corporation's (NASDAQ:VCEL) P/S Is Not Telling You

With a median price-to-sales (or "P/S") ratio of close to 11.3x in the Biotechs industry in the United States, you...
Analysis Article May 11

Vericel Corporation (NASDAQ:VCEL) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

Vericel Corporation ( NASDAQ:VCEL ) just released its first-quarter report and things are looking bullish. Revenues and...
Analysis Article Apr 26

It's Unlikely That The CEO Of Vericel Corporation (NASDAQ:VCEL) Will See A Huge Pay Rise This Year

Key Insights Vericel will host its Annual General Meeting on 1st of May Salary of US$790.0k is part of CEO Nick...
Analysis Article Mar 02

Is There An Opportunity With Vericel Corporation's (NASDAQ:VCEL) 49% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Vericel fair value estimate is US$87.12 Vericel is estimated...
Analysis Article Feb 02

Revenues Not Telling The Story For Vericel Corporation (NASDAQ:VCEL) After Shares Rise 29%

Vericel Corporation ( NASDAQ:VCEL ) shareholders would be excited to see that the share price has had a great month...
Analysis Article May 05

Vericel Corporation's (NASDAQ:VCEL) Shareholders Might Be Looking For Exit

It's not a stretch to say that Vericel Corporation's ( NASDAQ:VCEL ) price-to-sales (or "P/S") ratio of 9.4x right now...

CEO Compensation Analysis

How has Nick Colangelo's remuneration changed compared to Vericel's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$24m

Mar 31 2026n/an/a

US$21m

Dec 31 2025US$11mUS$860k

US$17m

Sep 30 2025n/an/a

US$13m

Jun 30 2025n/an/a

US$7m

Mar 31 2025n/an/a

US$3m

Dec 31 2024US$10mUS$830k

US$10m

Sep 30 2024n/an/a

US$4m

Jun 30 2024n/an/a

US$789k

Mar 31 2024n/an/a

US$451k

Dec 31 2023US$7mUS$790k

-US$3m

Sep 30 2023n/an/a

-US$10m

Jun 30 2023n/an/a

-US$13m

Mar 31 2023n/an/a

-US$17m

Dec 31 2022US$9mUS$760k

-US$17m

Sep 30 2022n/an/a

-US$18m

Jun 30 2022n/an/a

-US$16m

Mar 31 2022n/an/a

-US$11m

Dec 31 2021US$13mUS$730k

-US$7m

Sep 30 2021n/an/a

US$214k

Jun 30 2021n/an/a

US$9m

Mar 31 2021n/an/a

US$4m

Dec 31 2020US$4mUS$675k

US$3m

Sep 30 2020n/an/a

US$145k

Jun 30 2020n/an/a

-US$3k

Mar 31 2020n/an/a

-US$12m

Dec 31 2019US$5mUS$634k

-US$10m

Compensation vs Market: Nick's total compensation ($USD11.16M) is above average for companies of similar size in the US market ($USD5.17M).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.


CEO

Nick Colangelo (62 yo)

13.4yrs
Tenure
US$11,156,368
Compensation

Mr. Dominick C. Colangelo, also known as Nick, Esq., has been the Chief Executive Officer and President at Vericel Corporation since March 1, 2013 and served as its Treasurer since May 7, 2014. He has been...


Leadership Team

NamePositionTenureCompensationOwnership
Dominick Colangelo
CEO, President & Director13.4yrsUS$11.16m0.61%
$ 13.9m
Joseph Mara
CFO & Treasurer5.6yrsUS$3.24m0.031%
$ 713.0k
Michael Halpin
Chief Operating Officer7.2yrsUS$3.62m0.032%
$ 730.3k
Sean Flynn
Chief Legal Officer6.8yrsUS$2.55m0.0032%
$ 73.4k
Jonathan Hopper
Chief Medical Officer8yrsUS$2.56m0.15%
$ 3.4m
Jonathan Siegal
Principal Accounting Officer4.5yrsno data0.0021%
$ 48.1k
Eric Burns
Vice President of Finance & Investor Relationsno datano datano data
Roland DeAngelis
Chief Marketing Officer1.6yrsno datano data
Patrick Fowler
Senior Vice President of Corporate Development & Strategy4.9yrsno datano data
Mike Gilligan
Senior Vice President of Sales2.6yrsno datano data
Karen Mahoney
Chief Human Resources Officer2.1yrsUS$3.21m0.0036%
$ 82.6k
Doug Kennedy
Senior Vice President of Operations4.5yrsno datano data
4.9yrs
Average Tenure
57.5yo
Average Age

Experienced Management: VCEL's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dominick Colangelo
CEO, President & Director13.4yrsUS$11.16m0.61%
$ 13.9m
Kevin McLaughlin
Independent Director11.6yrsUS$357.80k0.036%
$ 815.1k
Paul Wotton
Independent Director11.6yrsUS$348.43k0.037%
$ 837.5k
Robert Zerbe
Independent Chairman & Lead Director20.6yrsUS$395.30k0.064%
$ 1.5m
Alan Rubino
Independent Director20.9yrsUS$365.30k0.13%
$ 2.9m
Joyce Frey-Vasconcells
Member of Scientific Advisory Boardno datano datano data
Mahendra Rao
Member of Scientific Advisory Board16.3yrsno datano data
Karen Hirschi
Member of Scientific Advisory Board16.3yrsno datano data
Heidi Hagen
Independent Director13yrsUS$355.30k0.068%
$ 1.6m
Lisa Wright
Independent Director5.2yrsUS$342.80k0.031%
$ 705.9k
13.4yrs
Average Tenure
65.5yo
Average Age

Experienced Board: VCEL's board of directors are seasoned and experienced ( 13.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/14 23:03
End of Day Share Price 2026/08/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Vericel Corporation is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Keay NakaeAscendiant Capital Markets LLC
Michael GormanBTIG
Caitlin CroninCanaccord Genuity