TNDM stock icon

Tandem Diabetes Care
TNDM

$45.63
2.89%

Market Cap: 2.95B

 

About: Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. The firm recently launched its smaller Mobi pump and continues to work on a tubeless pump. Nearly three-quarters of total revenue is derived from the us, with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.

Employees: 2,400

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 15 analysts
0
News positive %
of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1,218% more call options, than puts

Call options by funds: $121M | Put options by funds: $9.18M

100% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 4 (+2) [Q1 2024]

61% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 33

56% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 78

25% more capital invested

Capital invested by funds: $2.1B [Q4 2023] → $2.62B (+$523M) [Q1 2024]

8% more funds holding

Funds holding: 264 [Q4 2023] → 284 (+20) [Q1 2024]

3.98% more ownership

Funds ownership: 108.89% [Q4 2023] → 112.87% (+3.98%) [Q1 2024]

Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$24
47%
downside
Avg. target
$48
5%
upside
High target
$75
64%
upside

15 analyst ratings

11 positive
73%
neutral
27%
negative
0%
Oppenheimer
Steven Lichtman
27%upside
$58
Outperform
Maintained
10 Jun 2024
Redburn Partners
Issie Kirby
31%upside
$60
Buy
Initiated
30 May 2024
Lake Street
Brooks O'Neil
64%upside
$75
Buy
Maintained
22 May 2024
Citigroup
Joanne Wuensch
25%upside
$57
Buy
Upgraded
22 May 2024
Stifel
Mathew Blackman
21%upside
$55
Buy
Maintained
22 May 2024

Financial journalist opinion

Based on 6 articles about TNDM published over the past 30 days