Tactile Systems Technology, Inc. (NASDAQ:TCMD) Stock Has Average Price Target of $37.60 According to Analysts

Tactile Systems Technology, Inc. (NASDAQ:TCMD) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $36.80.

Several research analysts recently issued reports on TCMD shares. Wall Street Zen upgraded shares of Tactile Systems Technology from a “buy” rating to a “strong-buy” rating in a research report on Saturday. BTIG Research decreased their price objective on Tactile Systems Technology from $35.00 to $31.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Weiss Ratings raised shares of Tactile Systems Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 13th.

Key Tactile Systems Technology News

Here are the key news stories impacting Tactile Systems Technology this week:

• Positive Sentiment: Quarterly earnings were $0.31 per share, above analysts’ estimates of $0.28–$0.30. Lymphedema product revenue rose 13% year over year to $81.8 million, supporting the company’s core growth story. Zacks Q3 earnings report
• Positive Sentiment: Technology improvements cut medical-record review times by approximately 50%, a potential efficiency benefit as the company grows. Fool long-term investor takeaways
• Neutral Sentiment: TCMD’s 2026 revenue guidance is $360 million–$366 million, broadly in line with the $362.5 million consensus, offering no major change to expectations. Company Q3 results and guidance
• Negative Sentiment: Revenue of $91.86 million slightly missed expectations of about $91.99 million. Higher sales and administrative spending pushed operating income below last year’s level, while AffloVest inventory concerns and contraction in the smaller airway-clearance business remain headwinds. EPS also declined from $0.36 a year ago. Fool earnings reaction
• Negative Sentiment: BTIG cut its price target from $35 to $31, though it maintained a Buy rating. The lower target may signal more cautious expectations despite the retained positive recommendation. BTIG rating update

Tactile Systems Technology Trading Up 8.4%

Shares of TCMD opened at $24.78 on Friday. Tactile Systems Technology has a 12-month low of $20.53 and a 12-month high of $37.77. The company has a market cap of $561.27 million, a PE ratio of 22.20 and a beta of 0.95. The stock has a 50-day moving average price of $22.75 and a 200-day moving average price of $25.88.

Tactile Systems Technology (NASDAQ:TCMD) last posted its quarterly earnings data on Monday, November 2nd. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.03. The company had revenue of $91.86 million for the quarter, compared to analysts’ expectations of $91.99 million. Tactile Systems Technology had a net margin of 6.68% and a return on equity of 10.82%. As a group, analysts predict that Tactile Systems Technology will post 1.10 earnings per share for the current year.

Insider Transactions at Tactile Systems Technology

In other Tactile Systems Technology news, CEO Sheri Dodd sold 10,978 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $29.44, for a total transaction of $323,192.32. Following the completion of the sale, the chief executive officer directly owned 232,907 shares in the company, valued at $6,856,782.08. This represents a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 2.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Tactile Systems Technology

A number of large investors have recently bought and sold shares of TCMD. Quantinno Capital Management LP increased its position in shares of Tactile Systems Technology by 1.3% in the first quarter. Quantinno Capital Management LP now owns 53,612 shares of the company’s stock valued at $1,401,000 after acquiring an additional 684 shares during the period. IFP Advisors Inc raised its position in Tactile Systems Technology by 24.3% during the 2nd quarter. IFP Advisors Inc now owns 3,606 shares of the company’s stock valued at $107,000 after purchasing an additional 704 shares during the last quarter. Pinnacle Associates Ltd. lifted its holdings in Tactile Systems Technology by 0.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 327,967 shares of the company’s stock worth $7,310,000 after buying an additional 850 shares during the period. Versant Capital Management Inc increased its stake in shares of Tactile Systems Technology by 36.4% during the second quarter. Versant Capital Management Inc now owns 3,285 shares of the company’s stock valued at $98,000 after buying an additional 876 shares during the period. Finally, Strs Ohio raised its holdings in shares of Tactile Systems Technology by 4.1% during the first quarter. Strs Ohio now owns 22,700 shares of the company’s stock valued at $593,000 after acquiring an additional 900 shares in the last quarter. 83.43% of the stock is owned by hedge funds and other institutional investors.

Tactile Systems Technology Company Profile

Tactile Systems Technology, doing business as Tactile Medical, develops and provides medical devices and services for people with chronic swelling and related conditions. The company focuses primarily on lymphedema and chronic venous insufficiency, conditions that can cause persistent fluid buildup in the limbs and trunk.

Its principal products include advanced pneumatic compression devices, such as the Flexitouch Plus system for the treatment of lymphedema and the Entre Plus system for home treatment of lymphedema and chronic venous insufficiency.