Needham analyst David Saxon has reiterated their bullish stance on ATEC stock, giving a Buy rating yesterday.
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David Saxon has given his Buy rating due to a combination of factors that highlight Alphatec Holdings’ strong performance and promising future outlook. The company exceeded expectations in its second quarter of 2025, with both revenue and EBITDA surpassing consensus estimates, which indicates robust financial health and operational efficiency.
Additionally, the growth in surgical volumes, primarily driven by the addition of new doctors, suggests a successful expansion strategy. The generation of $5 million in free cash flow and the potential to reach breakeven on a trailing twelve-month basis further underscore the company’s improving profitability. These positive developments support the reaffirmation of a Buy rating, reflecting confidence in Alphatec Holdings’ continued growth trajectory.
In another report released yesterday, TD Cowen also reiterated a Buy rating on the stock with a $22.50 price target.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ATEC in relation to earlier this year.