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.

Original reporting
Published Nov 5, 2026, 5:08 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 5, 2026, 5:21 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$HAE
Bullish
high confidence
Mentioned
$HAE
Relevance
8/10
AlphAI data visualization · based on investing.com
Decision brief

The 30-second read

$HAEBullishHigh
01

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.

02

Market read

The news is a primary earnings disclosure for a mid‑cap healthcare company, offering a clear trading signal.

03

What to watch

Tariff refunds and mix shift drove margin; any reversal could affect future profitability.

Relevance 8/10Novelty 8/10Timing: pre‑market today

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.

Company-level read

Ticker impact

$HAEBullishHigh confidence
Context

BTIG raised its price target to $142 after Haemonetics reported Q2 earnings that beat revenue and EPS estimates.

Expected impact

likely modest upside as the market prices in the earnings beat, with potential pressure from the reduced margin outlook

Evidence & confidence

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

  • BTIG

    Raised price target to $142 and maintained a Buy rating.

  • Haemonetics Corp.

    Reported Q2 earnings beat and updated guidance.

Related articles

$HAEMed

Mizuho raises Haemonetics stock price target on plasma strength

Mizuho raised its price target for Haemonetics (HAE) to $165 from $140, citing 18% organic plasma growth and improved guidance. The stock has gained 151% over the past year. HAE reported Q2 earnings of $1.35 per share, beating estimates, with revenue up 9.3% YoY. BTIG also raised its target to $142. Investors note margin guidance concerns and growth spending.