MMSI Stock Summary and Trading Ideas (Merit Medical Systems | NASDAQ:MMSI)

Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.

Merit Medical Systems trades on the NASDAQ stock market under the symbol MMSI.

As of January 26, 2026, MMSI stock price climbed to $82.54 with 329,082 million shares trading.

MMSI has a beta of 0.68, meaning it tends to be less sensitive to market movements. MMSI has a correlation of 0.19 to the broad based SPY ETF.

MMSI has a market cap of $4.89 billion. This is considered a Mid Cap stock.

Last quarter Merit Medical Systems reported $384 million in Revenue and $.92 earnings per share. This beat revenue expectation by $13 million and exceeded earnings estimates by $.13.

In the last 3 years, MMSI traded as high as $111.45 and as low as $62.58.

The top ETF exchange traded funds that MMSI belongs to (by Net Assets): IJR, VTI, VB, IWM, VBK.

MMSI has underperformed the market in the last year with a price return of -20.4% while the SPY ETF gained +14.8%. MMSI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.9% and -4.4%, respectively, while the SPY returned +3.4% and -0.2%, respectively.

MMSI support price is $79.73 and resistance is $83.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MMSI shares will trade within this expected range on the day.