BVS Chart
About

Bioventus Inc., a medical device company, focuses on relieving pain and addressing musculoskeletal therapies in the United States and internationally. The company's product portfolio includes pain treatments, which comprise various intra-articular and hyaluronic acid injections; peripheral nerve stimulation products, such as Durolane, GELSYN-3, and SUPARTZ for the treatment of knee osteoarthritis; and Stimrouter to treat chronic peripheral pain, and TalisMann provides stimulation to the targeted peripheral nerve, as well as XCELL PRP System, a benchtop device that processes whole blood to produce high-yield PRP with a 10-minute single-spin cycle. It also offers precision bone resection for patients with degenerative spine conditions and spinal deformities, as well as enables precision ultrasonic neuro and general surgery to address brain tumors and pathologies of the liver and other organs; and bone graft substitutes, including various products that facilitate optimal bone fusion. In addition, the company provides neXus, an ultrasonic surgical system; BoneScalpel, a surgical solution enabling precise cuts in hard tissue; BoneScalpel Access, for bone removal with visualization; SonaStar system, a precise ablation and removal of soft tissue; SonaStar Elite handpiece and accessories; SonicOne, an ultrasonic cleansing and debridement system; Osteoamp, an allograft-derived bone graft for orthopedic, neurosurgical, and reconstructive bone grafting procedures; Signafuse bone graft; Purebone, a natural osteoconductive scaffold; and Reficio demineralized bone matrix. The company's restorative therapies include minimally invasive fracture treatments and rehabilitation products. Its products also include Exogen, an ultrasound bone stimulation system. The company sells its products to healthcare institutions, physicians, patients, distributors and dealers. Bioventus Inc. was founded in 2011 and is headquartered in Durham, North Carolina.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 605.64M
Enterprise Value 910.09M Income 22.73M Sales 568.09M
Book/sh 2.74 Cash/sh 0.76 Dividend Yield
Payout 0.00% Employees 930 IPO
P/E 27.24 Forward P/E 10.29 PEG
P/S 1.07 P/B 3.28 P/C
EV/EBITDA 11.72 EV/Sales 1.60 Quick Ratio 1.12
Current Ratio 1.70 Debt/Eq 136.29 LT Debt/Eq
EPS (ttm) 0.33 EPS next Y 0.87 EPS Growth
Revenue Growth 2.80% Earnings 2026-05-05 ROA 4.99%
ROE 13.17% ROIC Gross Margin 68.33%
Oper. Margin 13.76% Profit Margin 4.00% Shs Outstand 67.37M
Shs Float 33.40M Short Float 5.53% Short Ratio 5.37
Short Interest 52W High 10.13 52W Low 5.81
Beta 0.72 Avg Volume 296.69K Volume 368.23K
Target Price $15.00 Recom Strong_buy Prev Close $8.87
Price $8.99 Change 1.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$15.00
Mean price target
2. Current target
$8.99
Latest analyst target
3. DCF / Fair value
$7.52
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.99
Low
$14.00
High
$16.00
Mean
$15.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-06 main Barrington Research Outperform → Outperform $14
2026-03-06 main Craig-Hallum Buy → Buy $16
2026-02-09 init Barrington Research — → Outperform $13
2025-07-07 init Cantor Fitzgerald — → Overweight $12
2025-03-17 main Canaccord Genuity Buy → Buy $15
2024-12-17 up JP Morgan Underweight → Neutral $13
2024-11-06 main Canaccord Genuity Buy → Buy $15
2024-09-27 main Craig-Hallum Buy → Buy $17
2024-08-13 main Canaccord Genuity Buy → Buy $12
2024-08-07 main Craig-Hallum Buy → Buy $12
2024-05-08 main Canaccord Genuity Buy → Buy $8
2024-03-13 main Craig-Hallum Buy → Buy $9
2023-12-07 up Canaccord Genuity Hold → Buy $7
2023-04-03 main Craig-Hallum — → Hold $5
2022-11-30 main Goldman Sachs — → Neutral $3
2022-11-22 down Craig-Hallum Buy → Hold
2022-11-10 main Morgan Stanley — → Overweight $5
2022-11-09 down Canaccord Genuity Buy → Hold
2022-11-09 down JP Morgan Overweight → Underweight
2022-10-11 main Morgan Stanley — → Overweight $11
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 12000 105439.0 Sale at price 8.79 per share. MCMURRY-HEATH MICHELLE Director 2026-03-11 00:00:00 D
1 4375 nan CHURCH KATRINA J Officer 2026-02-13 00:00:00 D
2 12980 nan D'ADAMIO ANTHONY General Counsel 2026-02-13 00:00:00 D
3 20153 nan SINGLETON MARK LEONARD Chief Financial Officer 2026-02-13 00:00:00 D
4 93750 nan CLAYPOOLE ROBERT E. Chief Executive Officer 2026-01-09 00:00:00 D
5 10000 75658.0 Sale at price 7.57 per share. NOHRA GUY P Director 2025-12-04 00:00:00 D
6 17701 131255.0 Sale at price 7.42 per share. MCMURRY-HEATH MICHELLE Director 2025-11-07 00:00:00 D
7 7575 nan BARTHOLDSON JOHN A Director and Beneficial Owner of more than 10% of a Class of Security 2025-06-06 00:00:00 D
8 26493 nan NOHRA GUY P Director 2025-06-02 00:00:00 D
9 26493 nan SUTTER MARTIN P Director and Beneficial Owner of more than 10% of a Class of Security 2025-06-02 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-554.82K-3.84M-17.59M-31.16M
TaxRateForCalcs0.210.100.210.23
NormalizedEBITDA101.85M74.03M60.68M10.97M
TotalUnusualItems-2.64M-38.02M-83.75M-132.58M
TotalUnusualItemsExcludingGoodwill-2.64M-38.02M-83.75M-132.58M
NetIncomeFromContinuingOperationNetMinorityInterest22.73M-36.12M-81.80M-89.96M
ReconciledDepreciation47.01M49.55M57.37M55.40M
ReconciledCostOfRevenue138.65M143.15M135.63M135.39M
EBITDA99.21M36.01M-23.07M-121.61M
EBIT52.20M-13.55M-80.44M-177.00M
NetInterestIncome-26.49M-38.79M-40.68M-12.02M
InterestExpense26.49M38.79M40.68M12.02M
NormalizedIncome24.82M-1.95M-15.64M11.46M
NetIncomeFromContinuingAndDiscontinuedOperation22.73M-36.12M-156.23M-158.70M
TotalExpenses511.80M550.46M510.32M546.77M
TotalOperatingIncomeAsReported53.98M-15.20M-81.72M-167.23M
DilutedAverageShares64.55M62.65M61.39M45.47M
BasicAverageShares64.55M62.65M61.39M45.47M
DilutedEPS-0.56-2.49-2.59-0.15
BasicEPS-0.56-2.49-2.59-0.15
DilutedNIAvailtoComStockholders22.73M-36.12M-156.23M-158.70M
NetIncomeCommonStockholders22.73M-36.12M-156.23M-158.70M
NetIncome22.73M-36.12M-156.23M-158.70M
MinorityInterests-4.54M10.92M39.40M54.69M
NetIncomeIncludingNoncontrollingInterests27.27M-47.05M-195.62M-213.39M
NetIncomeDiscontinuousOperations0.000.00-74.43M-68.74M
NetIncomeContinuousOperations27.27M-47.05M-121.20M-144.65M
TaxProvision-1.56M-5.29M85.00K-44.37M
PretaxIncome25.71M-52.34M-121.11M-189.03M
OtherIncomeExpense-4.10M-36.38M-82.46M-142.35M
OtherNonOperatingIncomeExpenses-1.45M1.65M1.29M-9.77M
SpecialIncomeCharges-2.64M-38.02M-83.75M-132.58M
GainOnSaleOfPPE-81.00K-292.00K-3.58M0.00
OtherSpecialCharges326.00K
WriteOff0.000.005.67M
ImpairmentOfCapitalAssets0.0036.36M78.61M124.70M
RestructuringAndMergernAcquisition2.23M1.37M1.56M7.88M
NetNonOperatingInterestIncomeExpense-26.49M-38.79M-40.68M-12.02M
InterestExpenseNonOperating26.49M38.79M40.68M12.02M
OperatingIncome56.29M22.82M2.03M-34.66M
OperatingExpense331.87M365.40M326.17M365.74M
DepreciationAmortizationDepletionIncomeStatement5.73M7.65M8.84M9.75M
DepreciationAndAmortizationInIncomeStatement5.73M7.65M8.84M9.75M
ResearchAndDevelopment12.11M13.95M13.45M23.85M
SellingGeneralAndAdministration314.03M343.80M303.88M332.13M
GrossProfit388.16M388.23M328.19M331.08M
CostOfRevenue179.93M185.05M184.15M181.04M
TotalRevenue568.09M573.28M512.35M512.12M
OperatingRevenue568.09M573.28M512.35M512.12M
Line Item2023-12-312022-12-31
TreasurySharesNumber0.000.00
OrdinarySharesNumber67.10M65.76M63.27M62.06M
ShareIssued67.10M65.76M63.27M62.06M
NetDebt242.71M294.05M357.88M387.88M
TotalDebt293.95M335.63M394.85M418.07M
TangibleBookValue-191.78M-264.25M-316.22M-322.07M
InvestedCapital478.06M483.57M568.44M743.30M
WorkingCapital112.46M65.21M92.50M-31.44M
NetTangibleAssets-191.78M-264.25M-316.22M-322.07M
CommonStockEquity184.10M147.94M173.59M325.24M
TotalCapitalization463.06M456.23M540.59M710.25M
TotalEquityGrossMinorityInterest228.45M185.60M221.12M412.22M
MinorityInterest44.34M37.66M47.53M86.98M
StockholdersEquity184.10M147.94M173.59M325.24M
GainsLossesNotAffectingRetainedEarnings-1.90M-2.57M794.00K-110.00K
OtherEquityAdjustments-1.90M-2.57M794.00K-110.00K
RetainedEarnings-334.93M-357.66M-321.54M-165.31M
AdditionalPaidInCapital520.85M508.09M494.25M490.58M
CapitalStock83.00K82.00K79.00K78.00K
CommonStock83.00K82.00K79.00K78.00K
TotalLiabilitiesNetMinorityInterest455.11M542.35M589.79M960.43M
TotalNonCurrentLiabilitiesNetMinorityInterest294.73M331.95M414.30M656.41M
OtherNonCurrentLiabilities15.35M23.10M46.08M40.24M
LiabilitiesHeldforSaleNonCurrent0.00228.91M
NonCurrentDeferredLiabilities433.00K564.00K1.21M2.25M
NonCurrentDeferredTaxesLiabilities433.00K564.00K1.21M2.25M
LongTermDebtAndCapitalLeaseObligation278.95M308.29M367.00M385.01M
LongTermDebt278.95M308.29M367.00M385.01M
CurrentLiabilities160.38M210.40M175.50M304.02M
OtherCurrentLiabilities21.06M43.53M24.52M139.64M
CurrentDeferredLiabilities117.61M0.00
CurrentDebtAndCapitalLeaseObligation15.00M27.34M27.85M33.06M
CurrentDebt15.00M27.34M27.85M33.06M
OtherCurrentBorrowings15.00M27.34M27.85M33.06M
PensionandOtherPostRetirementBenefitPlansCurrent6.56M7.60M9.71M11.43M
PayablesAndAccruedExpenses117.76M131.93M113.42M119.89M
CurrentAccruedExpenses101.69M104.38M85.64M80.62M
InterestPayable3.17M5.32M6.61M217.00K
Payables16.06M27.56M27.79M39.27M
TotalTaxPayable5.13M3.87M4.75M2.57M
AccountsPayable10.93M23.69M23.04M36.70M
TotalAssets683.56M727.96M810.91M1.37B
TotalNonCurrentAssets410.72M452.35M542.91M1.10B
OtherNonCurrentAssets2.29M1.89M3.14M408.62M
NonCurrentDeferredAssets5.52M4.75M0.000.00
NonCurrentDeferredTaxesAssets5.52M4.75M0.000.00
InvestmentsAndAdvances2.64M29.29M
GoodwillAndOtherIntangibleAssets375.88M412.19M489.81M647.31M
OtherIntangibleAssets368.42M404.73M482.35M639.85M
Goodwill7.46M7.46M7.46M7.46M
NetPPE27.02M33.52M49.96M44.15M
AccumulatedDepreciation-54.26M-50.19M-40.50M-30.79M
GrossPPE81.28M83.70M90.46M74.94M
Leases4.34M4.09M3.76M3.35M
OtherProperties32.21M32.21M42.50M33.52M
MachineryFurnitureEquipment44.73M47.40M44.20M38.07M
Properties0.000.000.000.00
CurrentAssets272.84M275.61M268.00M272.57M
OtherCurrentAssets11.06M14.16M16.91M18.55M
AssetsHeldForSaleCurrent0.002.78M
RestrictedCash23.00K5.28M
PrepaidAssets4.44M12.24M
Inventory82.24M92.47M91.33M84.77M
InventoriesAdjustmentsAllowances-1.85M-1.33M
FinishedGoods61.00M70.38M70.27M66.31M
RawMaterials21.24M22.10M21.06M18.45M
Receivables128.30M127.39M122.79M136.29M
AccountsReceivable128.30M127.39M122.79M136.29M
AllowanceForDoubtfulAccountsReceivable-2.90M-2.86M-4.22M-7.02M
GrossAccountsReceivable131.21M130.26M127.01M143.32M
CashCashEquivalentsAndShortTermInvestments51.24M41.58M36.96M30.19M
CashAndCashEquivalents51.24M41.58M36.96M30.19M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow72.11M37.79M7.98M-15.02M
RepaymentOfDebt-119.82M-59.58M-87.26M-45.04M
IssuanceOfDebt76.91M0.0064.00M104.66M
IssuanceOfCapitalStock2.07M2.44M778.00K5.82M
CapitalExpenditure-2.56M-1.01M-7.36M-1.48M
EndCashPosition51.24M41.58M36.96M31.84M
BeginningCashPosition41.58M36.96M31.84M99.21M
EffectOfExchangeRateChanges371.00K-2.56M629.00K521.00K
ChangesInCash9.29M7.18M4.50M-67.90M
FinancingCashFlow-62.14M-54.58M-26.65M62.08M
CashFlowFromContinuingFinancingActivities-62.14M-54.58M-26.65M62.08M
NetOtherFinancingCharges-21.30M2.56M-4.17M-3.37M
CashDividendsPaid0.00-367.00K
CommonStockDividendPaid0.00-367.00K
NetCommonStockIssuance2.07M2.44M778.00K5.82M
CommonStockIssuance2.07M2.44M778.00K5.82M
NetIssuancePaymentsOfDebt-42.91M-59.58M-23.26M59.62M
NetShortTermDebtIssuance0.00
ShortTermDebtPayments-20.00M
ShortTermDebtIssuance20.00M
NetLongTermDebtIssuance-42.91M-59.58M-23.26M59.62M
LongTermDebtPayments-119.82M-59.58M-87.26M-45.04M
LongTermDebtIssuance76.91M0.0064.00M104.66M
InvestingCashFlow-3.25M22.96M15.81M-116.44M
CashFromDiscontinuedInvestingActivities0.000.00-11.51M-104.84M
CashFlowFromContinuingInvestingActivities-3.25M22.96M27.31M-11.60M
NetOtherInvestingChanges-75.00K
NetInvestmentPurchaseAndSale0.00-709.00K0.00-10.04M
NetBusinessPurchaseAndSale-686.00K24.68M34.67M0.00
SaleOfBusiness24.68M34.67M0.000.00
PurchaseOfBusiness-686.00K0.00-104.84M-262.87M
NetIntangiblesPurchaseAndSale0.00-1.48M-7.37M
PurchaseOfIntangibles0.00-1.48M-7.37M
NetPPEPurchaseAndSale-2.56M-1.01M-7.36M-1.48M
PurchaseOfPPE-2.56M-1.01M-7.36M-1.48M
OperatingCashFlow74.67M38.80M15.34M-13.54M
CashFromDiscontinuedOperatingActivities0.000.00-2.17M-2.13M
CashFlowFromContinuingOperatingActivities74.67M38.80M17.51M-11.41M
ChangeInWorkingCapital-13.84M-11.78M-3.18M-29.73M
ChangeInOtherWorkingCapital-1.68M-2.52M-1.97M9.66M
ChangeInPayablesAndAccruedExpense-19.81M17.85M-5.28M-3.10M
ChangeInInventory8.57M-16.43M-5.99M-18.62M
ChangeInReceivables-916.00K-10.67M10.05M-17.67M
ChangesInAccountReceivables-916.00K-10.67M10.05M-17.67M
OtherNonCashItems1.16M4.23M2.43M1.49M
StockBasedCompensation12.67M13.27M2.72M17.59M
ProvisionandWriteOffofAssets1.26M-434.00K-1.10M5.19M
AssetImpairmentCharge0.0036.36M78.61M134.98M
DeferredTax-909.00K-5.39M-2.38M-46.66M
DeferredIncomeTax-909.00K-5.39M-2.38M-46.66M
DepreciationAmortizationDepletion47.01M49.55M57.37M55.40M
DepreciationAndAmortization47.01M49.55M57.37M55.40M
OperatingGainsLosses47.00K33.00K4.24M-5.01M
PensionAndEmployeeBenefitExpense0.000.00-24.36M
GainLossOnInvestmentSecurities-6.40M-2.73M
NetForeignCurrencyExchangeGainLoss-360.00K-259.00K665.00K1.38M
NetIncomeFromContinuingOperations27.27M-47.05M-121.20M-144.65M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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