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An update from SurModics ( (SRDX) ) is now available.
On November 19, 2025, SurModics completed a merger that led to the full repayment and termination of its Credit Agreement with Mid-Cap Funding IV Trust and MidCap Financial Trust, as well as the termination of a $25 million interest rate swap with Wells Fargo Bank. The company also initiated the process to delist its common stock from Nasdaq and deregister under the Securities Exchange Act of 1934. As part of the merger, there were significant changes in the company’s leadership and governance structure, including the appointment of new directors and officers.
The most recent analyst rating on (SRDX) stock is a Hold with a $32.00 price target. To see the full list of analyst forecasts on SurModics stock, see the SRDX Stock Forecast page.
Spark’s Take on SRDX Stock
According to Spark, TipRanks’ AI Analyst, SRDX is a Neutral.
SurModics is currently facing substantial financial and market challenges. The most significant factors affecting the score are the company’s declining revenues and profitability issues, coupled with bearish technical indicators. The negative valuation metrics further underscore the need for strategic improvements to enhance financial health and investor confidence.
To see Spark’s full report on SRDX stock, click here.
More about SurModics
Average Trading Volume: 436,075
Technical Sentiment Signal: Buy
Current Market Cap: $612.4M
Learn more about SRDX stock on TipRanks’ Stock Analysis page.