Haemonetics stock hits 52-week high at 106.64 USD
Haemonetics Corp (HAE) hit a 52-week high of $106.64, up 92.73% over a year. The medical tech firm's stock has surged 72.49% in six months and 14.57% in the past week. Q1 earnings beat estimates, with revenue at $339M. BTIG raised its price target to $96. HAE signed a supply deal with CSL Plasma.
How this was made
The 30-second read
Why it matters
Earnings beat and new supply agreement provide fresh positive momentum.
Market read
The earnings surprise and contract news could drive short‑term buying pressure.
What to watch
No minimum purchase commitments in the CSL Plasma deal could limit revenue upside.
Background
Haemonetics is a medical‑technology company specializing in blood‑management solutions.
Ticker impact
Haemonetics reported Q1 earnings of $1.14 EPS beating $1.09 estimate and revenue of $339M beating $328.9M, driving a 14% weekly price rise to a 52‑week high.
Potential further upside of 5‑10% over the next few days.
Strong top‑line, EPS beat, and new supply agreement with CSL Plasma provide fresh positive catalysts.
Market effects
Positive for the blood‑management and broader medical‑technology sector.
U.S. healthcare investors may see a modest rally.
Limited to markets tracking U.S. med‑tech stocks.
Counterpoint
The stock may be overvalued at its 52‑week high despite the beat.
Key entities
- CompanyHaemonetics Corp
Medical‑technology firm reporting Q1 results.
- CompanyCSL Plasma Inc.
Partner in a non‑exclusive supply agreement for plasma collection devices.

