Stifel analyst Rick Wise lowered the firm’s price target on OrthoPediatrics (KIDS) to $20 from $32 and keeps a Buy rating on the shares after the company pre-announced below-consensus Q3 sales and lowered 2025 guidance by more than the shortfall. The negative Q3 surprise “clearly is disappointing,” but the factors driving the miss appear to be outside of managements’ control, the analyst tells investors.
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- OrthoPediatrics reports preliminary Q3 revenue $61.2M, consensus $63.63M
- OrthoPediatrics cuts FY25 revenue view to $233.5M-$234.5M from $237M-$242M