⬤ Loading…
Vericel Corporation
…
NASDAQ: VCEL Healthcare Pharma 🔎 Screen
🏹 Trader: 🎯 Near 52W High | BRS 62 Forming · stale View all →
$2.2B
Market Cap
86.1
P/E
2.17
PEG
4.1%
ROCE
7.4%
ROE
0.25
D/E
6.0%
OPM
-11.2%
% from 52W High
67
α RS
🔍 VCEL is showing a sector-leadership setup because Sector RRG has Health Care in the Leading quadrant with the trail still weakening further, RS Rating is 67, an ECS of 84.5 last quarter, and it has maintained a 5-day Near 52-Week High momentum persistence. The main caution: the Fortress Balance preset's Backtest win rate is only 40.8%. Net: Mixed signal stack, not a recommendation. ? RRG RS Rating ECS Momentum Streaks Backtest
Sources
Health Care in Leading quadrant · RS Rating 67 · ECS 84.5 · Near 52-Week High streak: 5d · Backtest win rate 40.8%
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for VCEL including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
📊 Peer Medians
About

Vericel Corporation, a commercial-stage biopharmaceutical company, engages in the research, development, manufacture, and distribution of cellular therapies and specialty biologic products for sports medicine and severe burn care markets in North America. The company markets autologous cell therapy products comprising MACI, an autologous cultured chondrocytes on porcine collagen membrane for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; Epicel, a permanent skin replacement humanitarian use device for the treatment of adult and pediatric patients with deep-dermal or full-thickness burns; and NexoBrid, a biological orphan product for eschar removal in adults and pediatric patients with deep partial-thickness and/or full-thickness thermal burns. Vericel Corporation was formerly known as Aastrom Biosciences, Inc. and changed its name to Vericel Corporation in November 2014. The company was incorporated in 1989 and is headquartered in Burlington, Massachusetts.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding VCEL
View All Superinvestors →
Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 164.0K $5.3M 0.01% Mar 2026
Jim Simons Renaissance Technologies LLC 12.6K $405K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 3 quarters Full tone analysis in Intelligence →
📊 MIXED Vericel Q1 2026: Record revenue $68.4M (+30%), adjusted EBITDA triples to $9.6M.
Revenue & Profitability
Total Q1 2026 revenue was $68.4 million, up 30% year-over-year. MACI revenue grew 22% to $56.4 million, and Burn Care revenue grew over 90% to $12 million. Adjusted EBITDA was $9.6 million (triple prior year), and free cash flow was $15.1 million. Full-year guidance raised to $326–336 million.
Outlook
Management expressed optimism about sustained strong revenue growth, citing momentum from the expanded MACI sales force and MACI Arthro. They noted no significant industry headwinds and expect continued execution, with a prudent guidance framework that leaves room for potential outperformance.
Growth Drivers
Key growth drivers include the expanded MACI sales force (driving double-digit biopsy and implant growth), MACI Arthro for smaller condyle defects, and deepening penetration per surgeon. Burn Care growth is fueled by Epicel execution and NexoBrid adoption, plus a new BARDA procurement contract expected to contribute $5–6 million in H2 2026.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Q1 2026 gross margin was 72%, up over 300 basis points year-over-year, and adjusted EBITDA margin was 14%, up nearly 800 basis points. Full-year guidance calls for gross margin of approximately 75% and adjusted EBITDA margin of approximately 27%, reflecting operating leverage.
Key Risks
Analysts raised concerns about broader orthopedic procedure volume pressures, but management noted no impact on Vericel’s business. Risks include dependence on the BARDA contract's optional awards and potential changes in standard of care for burn treatments.
Generated by AI · Q1 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-30
Record Q2 revenue and profitability exceeded guidance, driven by strong MACI and Burn Care growth. Full-year guidance was raised, a $200 million share repurchase was announced, and significant cash generation supports ongoing investments and capital returns.
Q1 2026 Q1 2026 2026-05-07
Record Q1 revenue and profit growth driven by MACI and Burn Care, with raised full-year guidance reflecting strong momentum and BARDA contract contributions. Expanded sales force and new manufacturing capacity support continued growth, while competitive and market conditions remain favorable.
Q4 2025 Q4 2025 2026-02-26
Record Q4 and full-year revenue and profit growth were driven by strong MACI performance, margin expansion, and successful sales force expansion. 2026 guidance projects continued double-digit growth, with new clinical initiatives and international expansion on track.
Q3 2025 Q3 2025 2025-11-06
Record Q3 revenue and profit driven by strong MACI and burn care growth, with MACI Arthro adoption accelerating surgeon engagement and implant volumes. Guidance for 2025 and beyond remains robust, supported by ongoing investments and new clinical initiatives.
Q2 2025 Q2 2025 2025-07-31
Q2 saw 20% revenue growth, record gross margin, and adjusted EBITDA up 112% year-over-year. MACI and Burn Care segments both delivered strong results, with MACI Arthro driving new surgeon adoption and Epicel biopsies up nearly 40%. Full-year guidance for MACI is maintained, while Burn Care guidance is reset to reflect recent run rates.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.