Masimo’s Strategic Growth and Resilience: Analyst Recommends Buy Rating

Wells Fargo analyst Vik Chopra has maintained their bullish stance on MASI stock, giving a Buy rating on May 30.

Vik Chopra has given his Buy rating due to a combination of factors that highlight Masimo’s strategic direction and financial health. The new CEO, Katie Szyman, is committed to executing key strategic initiatives, such as enhancing commercial excellence and focusing on innovation, particularly in developing new healthcare products and AI initiatives. This focus is expected to drive steady top-line growth and earnings leverage.
Additionally, the company’s capital allocation strategy post-sale of its consumer audio business includes share repurchases, which could enhance shareholder value. The improved tariff environment and effective mitigation strategies are expected to positively impact the company’s costs. Furthermore, a recent cyberattack is not anticipated to materially affect Masimo’s revenue for 2025, with most remediation costs covered by insurance. These factors collectively support the Buy rating for Masimo’s stock.

In another report released on May 30, BTIG also reiterated a Buy rating on the stock with a $193.00 price target.