Penumbra

PEN · NYSE

$324.34+$1.93 (+0.60%)TodayMarket closed ·
Prev close $322.41

PEN analyst rating

HoldConsensus of 14 analysts over the last 12 months. 21% rate it a buy.
  • Strong buy0
  • Buy3
  • Hold11
  • Underperform0
  • Sell0

12-month price target · 16 analysts

Average $375.09 (+15.6% upside)

Low
$326.23
Now
$324.34
High
$407.40

Upgrades and downgrades

The latest rating actions, newest first

PEN analyst upgrades, downgrades and rating actions
FirmDateActionRating
Evercore ISI GroupJul 6, 2026MaintainsOutperform
RBC CapitalJun 11, 2026MaintainsSector Perform
CitigroupMay 7, 2026MaintainsNeutral
Evercore ISI GroupMay 7, 2026MaintainsOutperform
Evercore ISI GroupFeb 26, 2026MaintainsOutperform
RBC CapitalJan 20, 2026DowngradeOutperform → Sector Perform
Canaccord GenuityJan 20, 2026DowngradeBuy → Hold
JefferiesJan 16, 2026DowngradeBuy → Hold
NeedhamJan 16, 2026DowngradeBuy → Hold
CitigroupJan 16, 2026DowngradeBuy → Neutral

The case for and against

Updated Jul 7, 2026

Bull case

Penumbra is well positioned for growth due to its innovative technologies in the acute care setting and expanding global market. With the recent acquisition by Boston Scientific at a premium price of $374 per share, it is evident that Penumbra is a market leader with strong revenue growth potential and a profitable business. Risks include potential competition from larger medical technology companies and unexpected liabilities or investigations.

Bear case

Penumbra is facing strong competition within the neurovascular market from competitors with significantly greater resources, such as Medtronic, Stryker, Boston Scientific, Johnson & Johnson, and Terumo. These companies offer similar products and have more resources to potentially compete with Penumbra in terms of pricing, innovation, and market reach, which could lead to a decline in sales and market share for Penumbra. Additionally, potential changes in reimbursement for neurovascular procedures could negatively impact Penumbra's business. Despite the company's commitment to creating innovative products and promoting diversity, they have not tied sustainability goals to executive compensation, which may indicate a lack of long-term strategic planning.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.