BTIG cuts target for Tactile Systems Technology stock to USD 35.00
Published on 10/18/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecent targets and reporting dates
- BTIG lowered its Tactile Systems Technology target from USD 39.00 to USD 35.00 on October 12, 2026.
- Second-quarter revenue reached USD 85.70 million against USD 85.52 million consensus.
- Tactile Systems Technology is scheduled to report its next earnings on November 2, 2026.
Tactile Systems Technology (ISIN US87357P1003) faces a lower BTIG price target after the brokerage cut its view from USD 39.00 to USD 35.00 on October 12, 2026, according to Markets Insider. The firm kept a Buy rating, making the target revision the clearest recent analyst signal for the medical-device company.
The latest reported operating figures came from the second quarter ended June 30, 2026. Revenue reached USD 85.70 million, compared with USD 85.52 million consensus, while diluted earnings per share came to USD 0.34 versus USD 0.14 expected, according to MarketBeat. The revenue comparison was close, but the earnings comparison was wider, putting profitability at the center of the investment case.
Three recent stock events
On August 10, 2026, Tactile Systems Technology reported USD 0.34 earnings per share for the second quarter against USD 0.14 consensus, as MarketBeat reported. On October 5, 2026, the published analyst consensus stood at Moderate Buy with an average target of USD 37.60. On October 12, 2026, BTIG reduced its target to USD 35.00 from USD 39.00 while retaining Buy.
What does the target cut mean?
The revised USD 35.00 target remains above the latest Nasdaq close, but the cut signals a more cautious near-term view ahead of the next results. The company sells home-use medical devices for chronic swelling and respiratory conditions, including the Flexitouch and Entre systems, according to MarketBeat. That product mix leaves the next revenue update important for testing whether second-quarter earnings strength can continue.
Next reporting date
Tactile Systems Technology is scheduled to publish its next earnings report on November 2, 2026, according to Yahoo Finance. The date gives investors a defined checkpoint for revenue, earnings per share and the company's full-year trajectory.
Nasdaq stock context
On the Nasdaq, Tactile Systems Technology closed at USD 22.52 on October 16, 2026 at 4:00 p.m. EDT. Its 52-week range was USD 14.46 to USD 37.77, leaving the close 40.38 percent below the high.
The further course of trading is shown by the continuously updated real-time quote of Tactile Systems Technology stock.
Tactile Systems Technology at a glance
- Company: Tactile Systems Technology, Inc.
- ISIN: US87357P1003
- Ticker: TCMD
- Primary exchange: NasdaqGM
- Market capitalization: USD 510.1 million (as of October 16, 2026)
- 52-week range: USD 14.46-37.77 (as of October 16, 2026)
- Sector / Industry: Healthcare / Medical Devices
Market context: Market report S&P 500.
