BTIG raises Haemonetics stock price target to $142 on earnings beat
BTIG raised its price target on Haemonetics (HAE) to $142 from $130, maintaining a Buy rating. HAE's Q2 2027 revenue was $357.8M, up 9.3% YoY, beating estimates. Adjusted EPS was $1.35, exceeding expectations. All segments performed well, with Apheresis revenue at $204.8M. Adjusted gross margin increased to 61.9%. HAE raised fiscal 2027 revenue guidance but reduced adjusted EBIT margin expansion outlook.
How this was made
The 30-second read
Why it matters
The earnings beat and BTIG's target raise provide a fresh catalyst for short‑term price appreciation, while the lowered margin outlook introduces a risk factor.
Market read
The news is a primary earnings disclosure for a mid‑cap healthcare company, offering a clear trading signal.
What to watch
Tariff refunds and mix shift drove margin; any reversal could affect future profitability.
Background
Haemonetics (NYSE:HAE) is a medical‑technology firm specializing in blood‑processing equipment. The company posted Q2 FY2027 results with revenue of $357.8 M and adjusted EPS of $1.35, both above consensus.
Ticker impact
BTIG raised its price target to $142 after Haemonetics reported Q2 earnings that beat revenue and EPS estimates.
likely modest upside as the market prices in the earnings beat, with potential pressure from the reduced margin outlook
The beat is a fresh, material fact for a mid‑cap medical‑tech company; analysts upgraded the target, indicating near‑term buying interest.
Market effects
Strong earnings may lift the broader medical‑technology sector, especially peers focused on plasma and apheresis products.
U.S. healthcare stocks could see modest gains in early trading.
Limited to U.S. and international investors tracking medical‑tech earnings trends.
Counterpoint
Margin guidance downgrade could signal underlying cost pressures, suggesting caution despite the earnings beat.
Key entities
- AnalystBTIG
Raised price target to $142 and maintained a Buy rating.
- CompanyHaemonetics Corp.
Reported Q2 earnings beat and updated guidance.


