Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
SurModics ( (SRDX) ) has issued an announcement.
On June 5, 2025, Surmodics, Inc. experienced a cyber incident where a threat actor gained unauthorized access to its IT systems, rendering some data and systems temporarily unavailable. The company promptly initiated containment measures, worked with third-party IT experts, and restored critical IT systems, ensuring customer orders and shipments continued without significant disruption. The company is still analyzing the scope of the data accessed but has not found evidence of data misuse. Surmodics expects its cyber insurance to cover most related expenditures, though it remains exposed to risks such as management distraction, potential litigation, and regulatory scrutiny.
The most recent analyst rating on (SRDX) stock is a Buy with a $43.00 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.
The overall stock score is primarily affected by weak financial performance due to declining revenues and consistent losses, despite a robust balance sheet. The technical analysis suggests moderate short-term strength, though valuation metrics are poor due to negative earnings. The lack of earnings call data and corporate events keeps the focus on these primary factors.
To see Spark’s full report on SRDX stock, click here.
More about SurModics
Average Trading Volume: 84,252
Technical Sentiment Signal: Sell
Current Market Cap: $418.7M
See more insights into SRDX stock on TipRanks’ Stock Analysis page.