BLCO · NYSE · Medical - Instruments & Supplies

Bausch + Lomb (BLCO)

Makes contact lenses, eye-care products, ophthalmic medicines, and surgical tools.

$17.23
vs last close−0.09 (−0.52%)
Loading prices…

Bausch + Lomb CorporationBLCO
Health Care

Sells contact lenses, lens-care and over-the-counter eye-care products, ophthalmic medicines, and surgical equipment. The portfolio is organized around eye health, operates internationally, and remains a majority-controlled subsidiary of Bausch Health.

Products span contact lenses, lens care, and over-the-counter eye-care products, alongside ophthalmic medicines and surgical devices and instruments. The integrated portfolio serves vision care, pharmaceutical, and surgical uses across international markets. Its offerings are intended to address eye-health needs across different stages of life.

Founded in 1853, the business grew from optical goods into eye health through soft contact lenses, lens-care brands, ophthalmic pharmaceuticals, and surgical capabilities. It operates through a broad product portfolio rather than a single-category franchise.

Bausch Health retains controlling ownership, so the company remains a subsidiary despite its NYSE listing.

Company facts

CEOBrent Saunders
ListedMay 6, 2022
ExchangeNYSE
HeadquartersVaughan, Canada
CountryCanada
Employees13,500
CIK0001860742
ISINCA0717051076

Market cap$6.19B
EPS (ttm)−$0.4782
P/E (ttm)−36.22
ROE-2.7%
P/B0.9702
P/S1.16
Dividend yieldDiv yield
Beta0.97vs XLV 0.75

Price target$21.00+21.2%Average of 17 analysts
ConsensusBuy8 of 17 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 9, 2026Leerink PartnersTarget
Target:
Target: $24
Aug 3, 2026H.C. WainwrightReiterate
Rating: Target: $20
Rating: BuyTarget: $21
Jul 30, 2026UBSReiterate
Rating: Target: $21
Rating: BuyTarget: $23
Jul 28, 2026UBSInitiate
Rating: Target:
Rating: BuyTarget: $21
Jul 6, 2026Evercore ISITarget
Target: $18
Target: $17

Next report
Nov 4, 26
in 42 days
EPS estimate
$0.21
Revenue estimate
$1.37B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Nov '26
Reported$0.25−$0.07$0.07$0.18$0.32$0.08$0.16Pending
Estimate$0.24$0.03$0.06$0.16$0.35$0.06$0.15$0.21
Surprise+4.2%−333.3%+16.7%+12.5%−8.6%+33.3%+3.6%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Nov '26
Reported$1.28B$1.13B$1.28B$1.28B$1.41B$1.24B$1.39BPending
Estimate$1.15B$1.25B$1.27B$1.38B$1.39B$1.22B$1.37B$1.37B
Surprise+11.2%−9.6%+0.3%−7.4%+1.4%+2.3%+1.8%
Estimate$0.21
ReportedDue Nov 4, 2026
Estimate$1.37B
ReportedDue Nov 4, 2026
View details

Debt to equity80.20%
Current ratio154.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.20B$1.28B$1.14B$1.28B$1.28B$1.41B$1.24B$1.39B
Net income$4.0M−$3.0M−$212.0M−$62.0M−$28.0M−$58.0M−$71.0M−$14.0M
Net margin0.3%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$43.0M$87.0M−$61.0M$11.0M$80.0M$158.0M$59.0M$83.0M
YoY growth+7.5%+77.6%Turned loss−57.7%+86.0%+81.6%Turned profit+654.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $367.0M · Total debt $5.12B · Total assets $13.86B · Shareholders' equity $6.38B

Revenue
$1.39B
Operating income
$83.0M
Net income
−$14.0M
View details

No dividends on record.

Institutions10.69%38.18M shares
102 holders · as of Jun 30, 2026
Insiders0.89%3.16M shares
22 holders · as of Aug 14, 2026
Strategic holders86.92%310.45M shares
1 holder · as of Feb 14, 2023
Other1.50%5.37M shares
remainder

357.17M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bausch Health Companies Inc.Strategicdirector
86.92%310.45Mfiled Feb 14, 2023
Icahn Carl CInstitution
0.98%3.50Mas of Jun 30, 2026
Oaktree Capital Management LPInstitution
0.96%3.44Mas of Jun 30, 2026
Deutsche Bank AG\Institution
0.96%3.42Mas of Jun 30, 2026
D. E. Shaw & Co., Inc.Institution
0.93%3.32Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 10, 2026Frederick Munschofficer: SVP, Controller and CAO−52,900$16.78
Aug 7, 2026Andrew C. von Eschenbachdirector−6,059$16.58
Aug 6, 2026Andrew C. von Eschenbachdirector−12,500$16.50
Mar 6, 2026Brent L. Saundersdirector, officer: CEO and Chairman of the Board+14,700$17.14
Mar 6, 2026Sam Eldessoukyofficer: EVP and CFO+4,000$17.13
View details

  • Alcon

    Broad eye-care peer in contact lenses, ocular health, and surgery

  • Johnson & Johnson

    ACUVUE lenses and Vision surgery overlap in two core eye-care markets

  • CooperCompanies

    Specialist soft-contact-lens rival across daily, toric, and multifocal wear

  • Glaukos

    Glaucoma, corneal, and retinal therapy peer spanning devices and drugs

  • AbbVie

    Eye-care drug and ocular-surface peer in prescription and consumer treatment

Compare

CompanyPriceChange
Bausch + Lomb$17.23−0.52%$6.19B17.31.2+9.1%
Alcon$65.42−0.26%$31.99B50.517.23.0+7.5%
Johnson & Johnson$270.95+0.65%$648.72B31.222.86.6+6.6%
CooperCompanies$55.11−0.32%$10.78B18.912.02.5+0.6%
Glaukos$159.61−0.16%$9.43B1,248.315.4+49.5%
AbbVie$267.13+0.72%$468.77B74.817.67.3+10.2%
Median40.817.66.6+7.5%