Artivion, Inc. (AORT) AI Stock Analysis

NYSE: AORTAI research summary: business, growth, valuation, analysts, bull and bear case.

AORT AI stock analysis summary

AI Research

Artivion, Inc. (AORT) manufactures and distributes medical devices and implantable human tissues for cardiac and vascular interventions. In FY2025, the company delivered $441.3M in revenue with net income of $9.8M, marking a return to annual profitability. However, its stock fell 47.6% over the past year to close at $21.78 as of October 16, 2026.

Market cap
$1.06B
Revenue (TTM)
$471.5M
P/E
—
fwd 35.3x
1Y return
-47.6%
S&P 500 16.8%
Avg. target
$42.15
93.5% vs last close

Bull case

  • Artivion achieved an 11.8% 5-year revenue CAGR from FY2020 to FY2025, reaching $441.3M in annual revenue.
  • The company generated positive net income of $9.8M and operating cash flow of $38.1M in FY2025.
  • Analysts maintain a mean price target of $42.15, implying 93.5% upside over the closing price of $21.78.

Bear case

  • Artivion carries total debt of $408.0M with net debt of $330.7M against $77.3M in cash as of June 30, 2026.
  • Capital expenditures of $39.0M pushed free cash flow into negative territory at -$911,000 in FY2025.
  • The stock has declined 52.2% year-to-date and 47.6% over the trailing 1-year period.

What Artivion does

Artivion, Inc., formerly known as CryoLife, Inc., manufactures, processes, and distributes medical devices and implantable human tissues. Headquartered in Kennesaw, Georgia, the company provides surgical solutions including BioGlue, PhotoFix pericardial patches, and cardiac preservation services such as CryoVein and CryoArtery. Its aortic and cardiovascular intervention products include E-vita Open Plus, E-vita Open Neo, E-xtra, E-nside, E-vita THORACIC 3G, and E-nya. Artivion also produces E-ventus BX, E-liac, E-tegra, synthetic vascular grafts, PerClot hemostats, cardiac laser therapy products, On-X prosthdetic heart valves, CarbonAid catheters, Chord-X sutures, and medical dissection stents.

Growth and profitability

Artivion increased revenue from $298.8M in FY2021 to $441.3M in FY2025, recording a 5-year revenue CAGR of 11.8% from FY2020 to FY2025. Annual revenue grew 13.6% in FY2025, following 9.8% in FY2024 and 12.8% in FY2023. Gross margin declined from 66.1% in FY2021 to 61.3% in FY2025, while operating margin rose from 2.7% in FY2021 to 10.0% in FY2024 before settling at 6.1% in FY2025. Following annual net losses from FY2021 through FY2024, the company generated net income of $9.8M and EPS of $0.63 in FY2025. For the latest quarter ended June 30, 2026, revenue increased 11.3% year-over-year, bringing trailing twelve-month revenue to $471.5M with an operating margin of 9.0%.

AORT income statement →

Balance sheet and cash flow

As of June 30, 2026, Artivion held $77.3M in cash and short-term investments against total debt of $408.0M, resulting in net debt of $330.7M and a debt-to-equity ratio of 0.92. Total assets were $1.07B compared to shareholders' equity of $445.6M, alongside a current ratio of 3.47. Operating cash flow rose to $38.1M in FY2025, but capital expenditures of $39.0M led to free cash flow of -$911,000. Over 5 years, the company's share count expanded 24.0%.

AORT balance sheet →

Valuation and performance

Artivion has a market cap of $1.06B and an enterprise value of $1.48B. The stock trades at a forward P/E of 35.3x, higher than the 17.3x forward P/E median of its US-listed Healthcare peers. Its EV to EBITDA multiple is 28.9x compared to the peer median of 12.0x, though its price-to-sales multiple of 2.3x is below the peer median of 4.1x. Over the past year, the stock fell 47.6%, lagging the 16.8% return of the S&P 500 (SPY). Over 5 years, the stock gained 2.0%, trailing the S&P 500 return of 83.0%.

AORT key metrics →

What analysts expect

Artivion is covered by analysts who assign 6 Strong Buy and 2 Buy ratings, with zero Hold, Sell, or Strong Sell recommendations. The mean price target is $42.15, which is 93.5% above the last closing price of $21.78. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $490.4M and EPS of $0.40. For the next fiscal year, 6 analysts forecast revenue of $543.2M and EPS of $0.75, representing 88.0% EPS growth. Artivion beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is November 5, 2026.

AORT forecast and price target →

Key risks and what to watch

  • Total debt of $408.0M exceeds the company's cash position of $77.3M as of June 30, 2026.
  • Dilution is evident from a 24.0% increase in share count over the past 5 years.
  • Artivion beat consensus earnings per share estimates in only 1 of the trailing 4 quarters.
  • Gross margin contracted from 66.1% in FY2021 to 61.3% in FY2025.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AORT AI stock analysis

This page is an AI-written research summary of Artivion, Inc. (AORT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AORT income statement, AORT balance sheet, AORT key metrics, AORT analyst forecast, AORT chart. See the AORT stock overview for the latest quote and news.

AORT AI stock analysis FAQ

What was Artivion's revenue and net income in FY2025?

In FY2025, Artivion reported revenue of $441.3M, up 13.6% from the prior year. Net income reached $9.8M, representing EPS of $0.63.

Does Artivion pay a dividend?

Artivion does not pay a dividend. The company retains its capital to support operations and capital investments.

What is Artivion's debt position?

As of June 30, 2026, Artivion held $408.0M in total debt and $77.3M in cash and short-term investments, leaving net debt at $330.7M. The company's debt-to-equity ratio was 0.92 and its current ratio was 3.47.

What are Wall Street analysts estimating for Artivion?

Analysts hold 6 Strong Buy and 2 Buy ratings on the stock, with a mean price target of $42.15. For the fiscal year ending December 31, 2026, analysts estimate revenue of $490.4M and EPS of $0.40.

When is Artivion's next earnings report?

Artivion's next earnings release date is scheduled for November 5, 2026.

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