AORT · NYSE · Medical - Devices

Artivion (AORT)

Builds devices, sealants, valves, and preservation services for cardiac and vascular surgery.

$24.13
After hours−0.01 (−0.04%)
At close$24.14(+2.16%)
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Artivion, Inc.AORT
Health Care

Sells aortic stent grafts, On-X mechanical valves, surgical sealants, and cryopreserved human tissues through medical-device and preservation-services segments. The business is global, but execution centers on surgeon adoption, regulatory approvals, and recently acquired arch-repair systems.

Combines aortic stent grafts, On-X mechanical valves, BioGlue surgical sealants, and cryopreserved cardiac and vascular allografts. Medical Devices is the larger segment, while Preservation Services keeps the CryoLife tissue base inside the portfolio.

Sells through an international network with manufacturing and operating sites in Georgia, Texas, and Germany. The product mix has shifted toward acquired aortic repair platforms, including JOTEC grafts, Ascyrus AMDS, and Endospan's NEXUS system.

Execution depends on surgeon adoption, quality-controlled tissue processing, approvals for specialized cardiovascular devices, and competition from larger device makers. Recent arch-repair additions make commercialization of NEXUS, AMDS, and ARCEVO LSA a structural dependency.

Company facts

CEOJ. Patrick Mackin
ListedFeb 12, 1993
ExchangeNYSE
HeadquartersKennesaw, GA
CountryUnited States
Employees1,800
CIK0000784199
ISINUS2289031005

Market cap$1.15B
EPS (ttm)−$0.0726
P/E (ttm)−325.48
ROE-0.7%
P/B2.57
P/S2.43
Dividend yieldDiv yield
Beta0.29vs XLV 0.61

Price target$42.50+76.7%Average of 12 analysts
ConsensusBuy10 of 12 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 18, 2026Canaccord GenuityReiterate
Rating: Target: $39
Rating: BuyTarget: $40
Aug 7, 2026Canaccord GenuityTarget
Target: $36
Target: $39
Jun 16, 2026Canaccord GenuityReiterate
Rating: Target: $51
Rating: BuyTarget: $36
Jun 1, 2026Stifel NicolausTarget
Target: $55
Target: $45
Apr 10, 2026Ladenburg ThalmannUpgrade
Rating: Neutral
Rating: Buy

Next report
Nov 5, 26
in 44 days
EPS estimate
$0.11
Revenue estimate
$120.9M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.39−$0.01$0.03$0.16$0.05$0.03−$0.28Pending
Estimate−$0.01$0.12$0.11$0.14$0.14$0.06$0.00$0.11
Surprise−3,800.0%−108.3%−72.5%+14.3%−63.6%−50.0%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$97.3M$99.0M$113.0M$113.4M$116.0M$116.3M$125.8MPending
Estimate$100.9M$94.8M$108.0M$110.4M$116.5M$115.7M$120.0M$120.9M
Surprise−3.5%+4.4%+4.6%+2.7%−0.4%+0.6%+4.8%
Estimate$0.11
ReportedDue Nov 5, 2026
Estimate$120.9M
ReportedDue Nov 5, 2026
View details

Debt to equity91.60%
Current ratio347.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$95.8M$97.3M$99.0M$113.0M$113.4M$116.0M$116.3M$125.8M
Net income−$2.3M−$16.5M−$505.0K$1.3M$6.5M$2.4M$1.4M−$13.5M
Net margin0.0%0.0%0.0%1.2%5.7%2.1%1.2%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$4.4M$2.7M$2.1M$8.4M$12.5M$7.2M$7.5M−$8.4M
YoY growthTurned profit−15.9%−91.5%+28.8%+185.8%+169.0%+249.0%Turned loss

Balance sheet, Jun 30, 2026Cash & short-term investments $77.3M · Total debt $408.0M · Total assets $1.07B · Shareholders' equity $445.6M

Revenue
$125.8M
Operating income
−$8.4M
Net income
−$13.5M
View details

No dividends on record.

Insiders5.09%2.47M shares
15 holders · as of Sep 11, 2026
Strategic holders22.41%10.88M shares
3 holders · as of Feb 17, 2026
Other72.50%35.19M shares
remainder

48.54M company shares as of Sep 22, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Strategic
12.31%5.98Mfiled Oct 17, 2025
Wasatch Advisors, Inc.Institution
5.74%2.79Mfiled Feb 11, 2022
Nomura Asset Management International Inc.Strategic
5.38%2.61Mfiled Feb 17, 2026
FMR LLCStrategic
4.71%2.29Mfiled Aug 6, 2025
SMALLCAP World Fund, Inc.Institution
4.05%1.96Mfiled Feb 14, 2019

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 10, 2026Andrew M. Greenofficer: SVP, Regulatory and Quality−11,480$24.97
Sep 3, 2026Andrew M. Greenofficer: SVP, Regulatory and Quality−1,493$26.02
Sep 2, 2026Andrew M. Greenofficer: SVP, Regulatory and Quality−6,510$27.27
Aug 19, 2026James P. Mackinofficer: President & CEO−70,000$28.96
Aug 14, 2026Lance A. Berryofficer: EVP, COO, CFO & Treasurer−715$28.55
View details

  • Medtronic

    Broad overlap in aortic stent grafts and surgical valves

  • Edwards Lifesciences

    Structural-heart rival in surgical valves, conduits, and patches

  • Abbott

    Mechanical and tissue valve competitor in cardiac surgery

  • BD

    Vascular sealant overlap in aortic and vascular surgery

  • Baxter International

    Adjunctive hemostat and cardiovascular sealant competitor

  • LeMaitre

    Vascular patch and reconstruction competitor

  • Elutia

    Cardiovascular biomatrix and tissue-repair competitor

CompareAfter hours

CompanyPriceChange
Artivion$24.13−0.04%$1.15B73.12.4+11.3%
Medtronic$90.80+0.03%$117.44B22.615.13.1+13.7%
Edwards Lifesciences$88.78−0.02%$50.87B50.828.37.8+13.6%
Abbott$104.00+0.27%$178.18B33.117.93.8+13.0%
BD$183.00−0.03%$49.79B54.413.82.4−9.6%
Baxter International$23.73+0.23%$11.85B11.21.0+5.3%
LeMaitre$80.980.00%$1.81B27.826.56.9+9.6%
Elutia$0.81020.00%$37.7M0.93.1−61.3%
Median30.516.53.1+9.6%