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 of 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. 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; 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; and Talisman pulse generator and receiver for peripheral nerve stimulation. Bioventus Inc. was founded in 2011 and is headquartered in Durham, North Carolina.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 594.75M
Enterprise Value 924.20M Income 10.17M Sales 563.83M
Book/sh 2.48 Cash/sh 0.63 Dividend Yield —
Payout 0.00% Employees 950 IPO —
P/E 55.50 Forward P/E 11.48 PEG —
P/S 1.05 P/B 3.58 P/C —
EV/EBITDA 14.01 EV/Sales 1.64 Quick Ratio 1.07
Current Ratio 1.74 Debt/Eq 164.61 LT Debt/Eq —
EPS (ttm) 0.16 EPS next Y 0.77 EPS Growth —
Revenue Growth -0.20% Earnings 2026-03-05 ROA 4.14%
ROE 6.38% ROIC — Gross Margin 67.76%
Oper. Margin 8.12% Profit Margin 1.80% Shs Outstand 66.98M
Shs Float 32.99M Short Float 5.95% Short Ratio 6.82
Short Interest — 52W High 11.25 52W Low 5.81
Beta 0.79 Avg Volume 265.93K Volume 10.34K
Target Price $14.50 Recom None Prev Close $8.72
Price $8.88 Change 1.83%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$14.50
Mean price target
2. Current target
$8.66
Latest analyst target
3. DCF / Fair value
$9.10
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$8.66
Low
$13.00
High
$15.00
Mean
$14.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
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
2022-09-07 main Goldman Sachs — → Neutral $13
2022-08-12 main Morgan Stanley — → Overweight $12
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 4375 — — CHURCH KATRINA J Officer — 2026-02-13 00:00:00 D nan
1 12980 — — D'ADAMIO ANTHONY General Counsel — 2026-02-13 00:00:00 D nan
2 20153 — — SINGLETON MARK LEONARD Chief Financial Officer — 2026-02-13 00:00:00 D nan
3 93750 — — CLAYPOOLE ROBERT E. Chief Executive Officer — 2026-01-09 00:00:00 D nan
4 10000 — Sale at price 7.57 per share. NOHRA GUY P Director — 2025-12-04 00:00:00 D 75658.0
5 17701 — Sale at price 7.42 per share. MCMURRY-HEATH MICHELLE Director — 2025-11-07 00:00:00 D 131255.0
6 7575 — — BARTHOLDSON JOHN A Director and Beneficial Owner of more than 10% of a Class of Security — 2025-06-06 00:00:00 D nan
7 26493 — — NOHRA GUY P Director — 2025-06-02 00:00:00 D nan
8 26493 — — SUTTER MARTIN P Director and Beneficial Owner of more than 10% of a Class of Security — 2025-06-02 00:00:00 D nan
9 26493 — — NEELS GUIDO J Director — 2025-06-02 00:00:00 D nan
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-4.11M-17.59M-31.16M-2.32M
TaxRateForCalcs0.110.210.230.26
NormalizedEBITDA77.24M60.68M10.97M54.47M
TotalUnusualItems-38.02M-83.75M-132.58M-8.99M
TotalUnusualItemsExcludingGoodwill-38.02M-83.75M-132.58M-8.99M
NetIncomeFromContinuingOperationNetMinorityInterest-33.54M-81.80M-89.96M21.24M
ReconciledDepreciation49.55M57.37M55.40M34.88M
ReconciledCostOfRevenue143.15M135.63M135.39M101.68M
EBITDA39.22M-23.07M-121.61M45.48M
EBIT-10.33M-80.44M-177.00M10.60M
NetInterestIncome-38.79M-40.68M-12.02M-1.11M
InterestExpense38.79M40.68M12.02M1.11M
NormalizedIncome371.84K-15.64M11.46M27.91M
NetIncomeFromContinuingAndDiscontinuedOperation-33.54M-156.23M-158.70M19.38M
TotalExpenses547.24M510.32M546.77M409.85M
TotalOperatingIncomeAsReported-11.98M-81.72M-167.23M12.06M
DilutedAverageShares64.55M62.65M61.39M45.47M
BasicAverageShares64.55M62.65M61.39M45.47M
DilutedEPS-0.52-2.49-2.59-0.15
BasicEPS-0.52-2.49-2.59-0.15
DilutedNIAvailtoComStockholders-33.54M-156.23M-158.70M19.38M
NetIncomeCommonStockholders-33.54M-156.23M-158.70M19.38M
NetIncome-33.54M-156.23M-158.70M19.38M
MinorityInterests10.29M39.40M54.69M9.79M
NetIncomeIncludingNoncontrollingInterests-43.83M-195.62M-213.39M9.59M
NetIncomeDiscontinuousOperations0.00-74.43M-68.74M-1.87M
NetIncomeContinuousOperations-43.83M-121.20M-144.65M11.45M
TaxProvision-5.29M85.00K-44.37M-1.97M
PretaxIncome-49.13M-121.11M-189.03M9.49M
OtherIncomeExpense-36.38M-82.46M-142.35M-10.45M
OtherNonOperatingIncomeExpenses1.65M1.29M-9.77M-1.46M
SpecialIncomeCharges-38.02M-83.75M-132.58M-8.99M
GainOnSaleOfPPE-292.00K-3.58M0.000.00
WriteOff0.000.005.67M
ImpairmentOfCapitalAssets36.36M78.61M124.70M0.00
RestructuringAndMergernAcquisition1.37M1.56M7.88M3.32M
NetNonOperatingInterestIncomeExpense-38.79M-40.68M-12.02M-1.11M
InterestExpenseNonOperating38.79M40.68M12.02M1.11M
OperatingIncome26.04M2.03M-34.66M21.05M
OperatingExpense362.19M326.17M365.74M281.65M
DepreciationAmortizationDepletionIncomeStatement7.65M8.84M9.75M8.36M
DepreciationAndAmortizationInIncomeStatement7.65M8.84M9.75M8.36M
ResearchAndDevelopment13.64M13.45M23.85M19.04M
SellingGeneralAndAdministration340.89M303.88M332.13M254.25M
GrossProfit388.23M328.19M331.08M302.71M
CostOfRevenue185.05M184.15M181.04M128.19M
TotalRevenue573.28M512.35M512.12M430.90M
OperatingRevenue573.28M512.35M512.12M430.90M
Line Item2023-12-312022-12-31
TreasurySharesNumber0.000.00
OrdinarySharesNumber65.76M63.27M62.06M59.55M
ShareIssued65.76M63.27M62.06M59.55M
NetDebt294.05M357.88M387.88M313.75M
TotalDebt335.63M394.85M418.07M357.68M
TangibleBookValue-264.25M-316.22M-322.07M-383.89M
InvestedCapital483.57M568.44M743.30M816.61M
WorkingCapital65.21M92.50M-31.44M82.24M
NetTangibleAssets-264.25M-316.22M-322.07M-383.89M
CommonStockEquity147.94M173.59M325.24M458.92M
TotalCapitalization456.23M540.59M710.25M798.57M
TotalEquityGrossMinorityInterest185.60M221.12M412.22M533.79M
MinorityInterest37.66M47.53M86.98M74.86M
StockholdersEquity147.94M173.59M325.24M458.92M
GainsLossesNotAffectingRetainedEarnings-2.57M794.00K-110.00K179.00K
OtherEquityAdjustments-2.57M794.00K-110.00K179.00K
RetainedEarnings-355.08M-321.54M-165.31M-6.60M
AdditionalPaidInCapital505.51M494.25M490.58M465.27M
CapitalStock82.00K79.00K78.00K75.00K
CommonStock82.00K79.00K78.00K75.00K
TotalLiabilitiesNetMinorityInterest542.35M589.79M960.43M692.07M
TotalNonCurrentLiabilitiesNetMinorityInterest331.95M414.30M656.41M511.21M
OtherNonCurrentLiabilities23.10M46.08M40.24M38.05M
LiabilitiesHeldforSaleNonCurrent0.00228.91M
NonCurrentDeferredLiabilities564.00K1.21M2.25M133.52M
NonCurrentDeferredTaxesLiabilities564.00K1.21M2.25M133.52M
LongTermDebtAndCapitalLeaseObligation308.29M367.00M385.01M339.64M
LongTermDebt308.29M367.00M385.01M339.64M
CurrentLiabilities210.40M175.50M304.02M180.86M
OtherCurrentLiabilities43.53M24.52M139.64M24.94M
CurrentDeferredLiabilities117.61M0.00
CurrentDebtAndCapitalLeaseObligation27.34M27.85M33.06M18.04M
CurrentDebt27.34M27.85M33.06M18.04M
OtherCurrentBorrowings27.34M27.85M33.06M
PensionandOtherPostRetirementBenefitPlansCurrent7.60M9.71M11.43M21.54M
PayablesAndAccruedExpenses131.93M113.42M119.89M116.34M
CurrentAccruedExpenses104.38M85.64M80.62M91.29M
InterestPayable5.32M6.61M217.00K
Payables27.56M27.79M39.27M25.05M
TotalTaxPayable3.87M4.75M2.57M8.14M
AccountsPayable23.69M23.04M36.70M16.91M
TotalAssets727.96M810.91M1.37B1.23B
TotalNonCurrentAssets452.35M542.91M1.10B962.76M
OtherNonCurrentAssets1.89M3.14M408.62M79.29M
NonCurrentDeferredAssets4.75M0.000.00481.00K
NonCurrentDeferredTaxesAssets4.75M0.000.00481.00K
InvestmentsAndAdvances2.64M29.29M
GoodwillAndOtherIntangibleAssets412.19M489.81M647.31M842.82M
OtherIntangibleAssets404.73M482.35M639.85M695.19M
Goodwill7.46M7.46M7.46M147.62M
NetPPE33.52M49.96M44.15M40.17M
AccumulatedDepreciation-50.19M-40.50M-30.79M-23.10M
GrossPPE83.70M90.46M74.94M63.27M
Leases4.09M3.76M3.35M3.13M
OtherProperties32.21M42.50M33.52M31.04M
MachineryFurnitureEquipment47.40M44.20M38.07M29.10M
Properties0.000.000.000.00
CurrentAssets275.61M268.00M272.57M263.10M
OtherCurrentAssets14.16M16.91M18.55M15.00M
AssetsHeldForSaleCurrent0.002.78M
RestrictedCash23.00K5.28M
PrepaidAssets4.44M12.24M
Inventory92.47M91.33M84.77M61.69M
InventoriesAdjustmentsAllowances-1.85M-1.33M
FinishedGoods70.38M70.27M66.31M50.80M
RawMaterials22.10M21.06M18.45M12.21M
Receivables127.39M122.79M136.29M124.96M
AccountsReceivable127.39M122.79M136.29M124.96M
AllowanceForDoubtfulAccountsReceivable-2.86M-4.22M-7.02M-3.40M
GrossAccountsReceivable130.26M127.01M143.32M128.37M
CashCashEquivalentsAndShortTermInvestments41.58M36.96M30.19M43.93M
CashAndCashEquivalents41.58M36.96M30.19M43.93M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow37.79M7.98M-15.02M2.10M
RepaymentOfDebt-59.58M-87.26M-45.04M-111.25M
IssuanceOfDebt0.0064.00M104.66M277.45M
IssuanceOfCapitalStock2.44M778.00K5.82M109.41M
CapitalExpenditure-1.01M-7.36M-1.48M-20.89M
EndCashPosition41.58M36.96M31.84M99.21M
BeginningCashPosition36.96M31.84M99.21M86.84M
EffectOfExchangeRateChanges-2.56M629.00K521.00K-228.00K
ChangesInCash7.18M4.50M-67.90M12.60M
FinancingCashFlow-54.58M-26.65M62.08M273.37M
CashFlowFromContinuingFinancingActivities-54.58M-26.65M62.08M273.37M
NetOtherFinancingCharges2.56M-4.17M-3.37M-2.24M
CashDividendsPaid0.00-367.00K
CommonStockDividendPaid0.00-367.00K
NetCommonStockIssuance2.44M778.00K5.82M109.41M
CommonStockIssuance2.44M778.00K5.82M109.41M
NetIssuancePaymentsOfDebt-59.58M-23.26M59.62M166.20M
NetShortTermDebtIssuance0.00
ShortTermDebtPayments-20.00M
ShortTermDebtIssuance20.00M
NetLongTermDebtIssuance-59.58M-23.26M59.62M166.20M
LongTermDebtPayments-59.58M-87.26M-45.04M-111.25M
LongTermDebtIssuance0.0064.00M104.66M277.45M
InvestingCashFlow22.96M15.81M-116.44M-283.76M
CashFromDiscontinuedInvestingActivities0.00-11.51M-104.84M0.00
CashFlowFromContinuingInvestingActivities22.96M27.31M-11.60M-283.76M
NetOtherInvestingChanges-75.00K
NetInvestmentPurchaseAndSale-709.00K0.00-10.04M
NetBusinessPurchaseAndSale24.68M34.67M0.00-262.87M
SaleOfBusiness24.68M34.67M0.000.00
PurchaseOfBusiness0.00-104.84M-262.87M
NetIntangiblesPurchaseAndSale0.00-1.48M-7.37M
PurchaseOfIntangibles0.00-1.48M-7.37M
NetPPEPurchaseAndSale-1.01M-7.36M-1.48M-13.52M
PurchaseOfPPE-1.01M-7.36M-1.48M-13.52M
OperatingCashFlow38.80M15.34M-13.54M22.99M
CashFromDiscontinuedOperatingActivities0.00-2.17M-2.13M0.00
CashFlowFromContinuingOperatingActivities38.80M17.51M-11.41M22.99M
ChangeInWorkingCapital-11.78M-3.18M-29.73M-15.14M
ChangeInOtherWorkingCapital-2.52M-1.97M9.66M-16.49M
ChangeInPayablesAndAccruedExpense17.85M-5.28M-3.10M18.21M
ChangeInInventory-16.43M-5.99M-18.62M3.18M
ChangeInReceivables-10.67M10.05M-17.67M-20.05M
ChangesInAccountReceivables-10.67M10.05M-17.67M-20.05M
OtherNonCashItems4.23M2.43M1.49M-1.36M
StockBasedCompensation10.06M2.72M17.59M19.84M
ProvisionandWriteOffofAssets-434.00K-1.10M5.19M485.00K
AssetImpairmentCharge36.36M78.61M134.98M7.04M
DeferredTax-5.39M-2.38M-46.66M-9.76M
DeferredIncomeTax-5.39M-2.38M-46.66M-9.76M
DepreciationAmortizationDepletion49.55M57.37M55.40M34.88M
DepreciationAndAmortization49.55M57.37M55.40M34.88M
OperatingGainsLosses33.00K4.24M-5.01M-24.45M
PensionAndEmployeeBenefitExpense0.000.00-24.36M
GainLossOnInvestmentSecurities-6.40M-2.73M
NetForeignCurrencyExchangeGainLoss-259.00K665.00K1.38M472.00K
NetIncomeFromContinuingOperations-43.83M-121.20M-144.65M11.45M
SEC Filings

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

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