Street Calls of the Week
Investing.com - JPMorgan initiated coverage on Alphatec Holdings (NASDAQ:ATEC) with an Overweight rating and a $19.00 price target. The stock, currently trading at $15.89, has delivered an impressive 184.7% return over the past year and sits near its 52-week high of $16.70. According to InvestingPro data, analysts maintain a strong bullish consensus with price targets ranging from $16 to $23.
The investment bank cited Alphatec’s business transformation since 2018, which has positioned the company as a differentiated pure-play in the spine market with solid double-digit growth. This is evidenced by the company’s robust 26.27% revenue growth over the last twelve months, though InvestingPro analysis suggests the stock may be trading above its Fair Value.
JPMorgan highlighted the company’s portfolio led by its flagship prone transposas approach to lumbar interbody fusion and a growing suite of enabling technologies as key drivers for continued above-market growth.
The firm identified three growth opportunities for Alphatec: gaining market share in lumbar interbody fusion, capitalizing on competitor disruption following recent merger and acquisition activity, and expanding early commercial efforts in international markets.
Despite expressing caution about the broader spine market, JPMorgan stated that Alphatec’s near-term growth opportunity and reasonable valuation make the stock an attractive investment heading into 2026.
In other recent news, Alphatec Holdings Inc. announced its Q2 2025 earnings results, showcasing significant growth. The company reported total revenue of $186 million, marking a 27% increase compared to the same period last year. This strong performance led Alphatec Holdings to raise its full-year revenue guidance to $742 million, indicating confidence in its continued growth. These developments are crucial for investors monitoring the company’s financial health and potential. Additionally, the earnings call highlighted the company’s robust growth trajectory. While stock price movements were noted during and after trading, they are not the focus of this report. Investors may find these updates significant as they assess Alphatec Holdings’ future prospects.
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