Tandem Diabetes Care - TNDM Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tandem Diabetes Care in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TNDM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNDM, but not buy additional shares or sell existing shares.
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7 brokerages have issued 1 year price objectives for Tandem Diabetes Care's stock. Their TNDM share price forecasts range from $49.00 to $150.00. On average, they expect the company's share price to reach $103.36 in the next twelve months. This suggests a possible upside of 116.0% from the stock's current price.
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Tandem Diabetes Care's stock was trading at $150.52 on January 1st, 2022. Since then, TNDM stock has decreased by 68.2% and is now trading at $47.85.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our TNDM earnings forecast.

Tandem Diabetes Care, Inc. (NASDAQ:TNDM) released its earnings results on Wednesday, November, 3rd. The medical device company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The medical device company earned $179.63 million during the quarter, compared to analyst estimates of $172.80 million. Tandem Diabetes Care had a negative trailing twelve-month return on equity of 2.99% and a negative net margin of 1.72%. During the same period in the previous year, the company earned ($0.09) earnings per share.

Shares of Tandem Diabetes Care reverse split before market open on Tuesday, October 10th 2017. The 1-10 reverse split was announced on Monday, October 9th 2017. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 9th 2017. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Tandem Diabetes Care issued an update on its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $835.00 million-$845.00 million, compared to the consensus revenue estimate of $857.12 million.

11 employees have rated Tandem Diabetes Care Chief Executive Officer John Sheridan on Glassdoor.com. John Sheridan has an approval rating of 88% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tandem Diabetes Care investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Micron Technology (MU), DexCom (DXCM), Netflix (NFLX), Block (SQ), Roku (ROKU), Lululemon Athletica (LULU) and PayPal (PYPL).

Tandem Diabetes Care trades on the NASDAQ under the ticker symbol "TNDM."

Shares of TNDM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TNDM stock can currently be purchased for approximately $47.85.

Tandem Diabetes Care (NASDAQ:TNDM) has a market capitalization of $3.07 billion and generates $702.80 million in revenue each year. The medical device company earns $15.57 million in net income (profit) each year or ($0.22) on an earnings per share basis.

The company employs 2,000 workers across the globe.

Tandem Diabetes Care's mailing address is 11075 ROSELLE STREET, San Diego CA, 92121. The official website for the company is www.tandemdiabetes.com. The medical device company can be reached via phone at (858) 366-6900 or via email at smorrison@tandemdiabetes.com.