ShockWave Medical, Inc. (SWAV)

May 31, 2024 - SWAV was delisted (reason: acquired by JNJ)
334.75
0.00 (0.00%)
Inactive · Last trade price on May 30, 2024
21.22%
Market Cap 12.57B
Revenue (ttm) 787.97M
Net Income (ttm) 163.50M
Shares Out 37.54M
EPS (ttm) 4.27
PE Ratio 78.40
Forward PE 62.34
Dividend n/a
Ex-Dividend Date n/a
Volume 3,947,054
Open 334.85
Previous Close 334.75
Day's Range 334.75 - 334.85
52-Week Range 157.00 - 334.90
Beta 0.88
Analysts Hold
Price Target 304.00 (-9.19%)
Earnings Date May 6, 2024

About SWAV

Shockwave Medical, Inc., a medical device company, develops and commercializes intravascular lithotripsy (IVL) technology for the treatment of calcified plaque in patients with peripheral and coronary vascular, and heart valve diseases in the United States and internationally. The company offers products for the treatment of peripheral artery disease (PAD), including M5 IVL catheter and M5+ IVL catheter, which are five-emitter catheters used in IVL system in medium-diameter vessels; S4 IVL catheter, a four-emitter catheter for use in IVL system... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Mar 7, 2019
Employees 1,468
Stock Exchange NASDAQ
Ticker Symbol SWAV
Full Company Profile

Financial Performance

In 2023, SWAV's revenue was $730.23 million, an increase of 49.11% compared to the previous year's $489.73 million. Earnings were $147.28 million, a decrease of -31.81%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SWAV stock is "Hold." The 12-month stock price forecast is $304.0, which is a decrease of -9.19% from the latest price.

Price Target
$304.0
(-9.19% downside)
Analyst Consensus: Hold
Stock Forecasts

News

J&J's $13 billion bid for Shockwave turns to Wall Street for funding

Johnson & Johnson JNJ, +0.29% rolled out a four-part bond on Monday to help fund its planned $13 billion acquisition of Shockwave Medical, underscoring how the Federal Reserve's rate hikes haven't dul...

Other symbols: JNJ
7 months ago - Market Watch

SHOCKWAVE MEDICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Shockwave Medical, Inc. - SWAV

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Shockwave Medica...

Other symbols: JNJ
7 months ago - Business Wire

Shockwave Medical Reports First Quarter 2024 Financial Results

SANTA CLARA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of transformational technologies for the treatment of c...

7 months ago - GlobeNewsWire

Johnson & Johnson (JNJ) Shockwave Deal & Earnings Takeaways

CFRA views the newly announced $13.1B Johnson & Johnson (JNJ) shockwave deal as positive. David Toung and Sel Hardy discuss the takeaways from Johnson & Johnson's earnings.

Other symbols: JNJ
8 months ago - Schwab Network

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SWAV, AIRC, INRD

NEW YORK , April 9, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches...

Other symbols: AIRC
8 months ago - PRNewsWire

Shockwave Reducer Demonstrates Consistent, Positive Results in ‘Real-World' Study

Six-Month Results from REDUCER-I Trial Add to Positive Evidence of the Coronary Sinus Reducer to Treat Refractory Angina Six-Month Results from REDUCER-I Trial Add to Positive Evidence of the Coronary...

8 months ago - GlobeNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Shockwave Medical, Inc.

NEW YORK, April 5, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Shockwave Medical, Inc. (NASDAQ: SWAV) and its board of directors concerning the propose...

Other symbols: JNJ
8 months ago - PRNewsWire

J&J Acquires Shockwave Medical to Boost Its Cardiovascular Treatment Portfolio

Johnson & Johnson (JNJ) announced Friday it was buying Shockwave Medical (SWAV) for $13.1 billion in cash, pushing shares of the maker of cardiovascular catheters to near all-time highs.

Other symbols: JNJ
8 months ago - Investopedia

Johnson & Johnson to Buy Shockwave Medical in $13.1 Billion Deal

The healthcare giant said the addition of the medical-device maker would expand its MedTech cardiovascular portfolio.

Other symbols: JNJ
8 months ago - WSJ

Johnson & Johnson Buys Shockwave For $13.1 Billion In Latest Cardio Deal

Johnson & Johnson will acquire Shockwave Medical in a deal valued at $13.1 billion, according to a joint statement Friday, the latest acquisition by the pharmaceutical firm over the last two years as ...

Other symbols: JNJ
8 months ago - Forbes

Johnson & Johnson to buy Shockwave Medical for $12.5 billion

Shockwave Medical Inc (NASDAQ: SWAV) is in the green today after Johnson & Johnson (NYSE: JNJ) said it will buy the medical device maker for $12.5 billion. Shockwave Medical stock priced at a premium ...

Other symbols: JNJ
8 months ago - Invezz

Johnson & Johnson to Buy Shockwave Medical. It's a Cardio Health Play.

Johnson & Johnson is buying the medical-devices maker for a total enterprise value of about $13.1 billion.

Other symbols: JNJ
8 months ago - Barrons

Johnson & Johnson to acquire Shockwave Medical in $13.1 billion deal

Johnson & Johnson JNJ, -1.14% has agreed to acquire Shockwave Medical Inc. SWAV, -0.23% in an all-cash deal with an enterprise value of about $13 billion, the companies said Friday. J&J will pay $335 ...

Other symbols: JNJ
8 months ago - Market Watch

Johnson & Johnson to buy Shockwave Medical for $12.5 bln

Johnson & Johnson will buy medical device maker Shockwave Medical for about $12.5 billion, the companies said on Friday, helping the healthcare conglomerate boost its portfolio of medical devices.

Other symbols: JNJ
8 months ago - Reuters

Johnson & Johnson to Acquire Shockwave Medical

NEW BRUNSWICK, N.J. & SANTA CLARA, Calif.--(BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) and Shockwave Medical, Inc. (Nasdaq: SWAV) (“Shockwave”) today announced that they have entered into a definit...

Other symbols: JNJ
8 months ago - Business Wire

Shockwave Medical shares rise on report of acquisition talks with Johnson & Johnson

Shares of medical-device maker Shockwave Medical Inc. rose Tuesday following a report that Johnson & Johnson was in talks to acquire the company.

Other symbols: JNJ
8 months ago - Market Watch

Johnson & Johnson Considers Deal for Shockwave Medical

The California-based maker of medical devices that treat cardiovascular diseases has a market value of nearly $12 billion.

Other symbols: JNJ
8 months ago - WSJ

Johnson & Johnson considers deal to buy Shockwave Medical, WSJ reports

Johnson & Johnson is in talks to buy medical device maker Shockwave Medical , the Wall Street Journal reported on Tuesday.

Other symbols: JNJ
8 months ago - Reuters

Shockwave Medical to Participate in the 23rd Annual Needham Virtual Healthcare Conference

SANTA CLARA, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of transformational technologies for the treatment of...

9 months ago - GlobeNewsWire

Why Shockwave Medical Stands Out In The Medical Device Sector

Shockwave Medical specializes in developing and commercializing medical devices using IVL technology for treating calcified plaque in vascular and heart valve diseases. The company has achieved milest...

9 months ago - Seeking Alpha

Shockwave Medical, Inc. (SWAV) Q4 2023 Earnings Call Transcript

Shockwave Medical, Inc. (SWAV) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Shockwave Medical Reports Fourth Quarter and Full Year 2023 Financial Results

SANTA CLARA, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of transformational technologies for the treatment of ...

10 months ago - GlobeNewsWire

Shockwave Medical Appoints Renee Gaeta as Chief Financial Officer

SANTA CLARA, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (NASDAQ: SWAV), a pioneer in the development and commercialization of transformational technologies for the treatment of ...

11 months ago - GlobeNewsWire

Shockwave Medical Provides Quarterly Earnings Release Dates for 2024

SANTA CLARA, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- January 8, 2024 – Shockwave Medical, Inc. (Nasdaq: SWAV), a pioneer in the development and commercialization of transformational technologies for...

11 months ago - GlobeNewsWire

Shockwave Medical to Participate in the 42nd Annual J.P. Morgan Healthcare Conference

SANTA CLARA, Calif., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Shockwave Medical, Inc. (NASDAQ: SWAV), a pioneer in the development and commercialization of transformational technologies for the treatment car...

1 year ago - GlobeNewsWire