STAAR Surgical Company (STAA) AI Stock Analysis
STAA AI stock analysis summary
AI ResearchSTAAR Surgical Company (STAA) designs and manufactures implantable lenses and delivery systems for ophthalmic surgery. Trailing twelve months revenue stands at $339.6M with an operating margin of 10.9%, recovering from an annual net loss of -$80.4M in FY2025. The company maintains a strong balance sheet with $181.5M in cash and short-term investments alongside net cash of $145.5M.
- Market cap
- $1.07B
- Revenue (TTM)
- $339.6M
- P/E
- 265.9x fwd 62.5x
- 1Y return
- -12.3% S&P 500 16.8%
- Avg. target
- $28.00 31.6% vs last close
Bull case
- Quarterly revenue expanded by 111.0% year-over-year in the period ended June 30, 2026, bringing trailing twelve months revenue to $339.6M.
- The company maintains a strong liquidity profile with $145.5M in net cash and a current ratio of 4.66 as of June 30, 2026.
- Analyst consensus projects significant earnings recovery with FY2026 EPS estimated to surge 604.6% to $0.84.
Bear case
- In FY2025, revenue contracted 23.7% to $239.4M while net income fell to -$80.4M.
- Valuation multiples remain elevated with a trailing P/E of 265.9x and forward P/E of 62.5x compared to the US-listed Healthcare median of 17.3x.
- The stock has substantially lagged the broader market over the long term, falling 81.5% over five years while the S&P 500 gained 83.0%.
What STAAR Surgical does
STAAR Surgical Company, based in Lake Forest, California, develops, manufactures, and markets implantable lenses and delivery systems for ophthalmic surgery. The company provides solutions for visual disorders like myopia, hyperopia, astigmatism, and presbyopia through its Visian implantable Collamer lens (ICL) product family, as well as Hyperopic ICLs. For cataract procedures, it provides preloaded silicone intraocular lenses, injector systems, and related instruments. Founded in 1982, STAAR markets directly in countries including the United States, Japan, and Germany, while utilizing distributor networks in regions such as China, Korea, and India.
Growth and profitability
STAAR Surgical generated revenue of $230.5M in FY2021, which grew to $284.4M in FY2022 and peaked at $322.4M in FY2023. Revenue then declined 2.6% to $313.9M in FY2024 and fell 23.7% to $239.4M in FY2025. Over the five years from FY2020 to FY2025, revenue grew at a CAGR of 7.9%. Operating margin dropped from 14.5% in FY2021 to -19.2% in FY2025, while net income shifted from $27.5M to -$80.4M. For the trailing twelve months ended June 30, 2026, revenue was $339.6M with a profit margin of 1.1%. In the quarter ended June 30, 2026, revenue increased 111.0% year-over-year, while quarterly earnings declined 10.5%.
Balance sheet and cash flow
As of June 30, 2026, STAAR Surgical held $181.5M in cash and short-term investments against total debt of $35.9M, resulting in net cash of $145.5M. Liquidity remains supported by a current ratio of 4.66 and a low debt-to-equity ratio of 0.10. Shareholders' equity was $365.4M out of $475.2M in total assets. During FY2025, operating cash flow was -$34.2M and free cash flow was -$40.0M. The company deployed cash toward capital expenditures of $5.8M and share buybacks of $6.5M in FY2025.
Valuation and performance
STAAR Surgical trades at a trailing P/E of 265.9x, compared to 24.6x for the median of its US-listed Healthcare peers. Its forward P/E is 62.5x versus the peer median of 17.3x, and its EV-to-EBITDA stands at 42.8x compared to the peer median of 12.0x. However, its price-to-sales multiple of 3.1x sits below the peer median of 4.1x. Over the past year, the stock fell 12.3%, while the S&P 500 SPY returned 16.8%. Over five years, the stock declined 81.5% compared to an 83.0% gain for the benchmark.
What analysts expect
Of the 11 analyst ratings, 4 are Strong Buy, 6 are Hold, and 1 is Strong Sell. The mean price target is $28.00, representing 31.6% upside from the last close of $21.27. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $334.3M and EPS of $0.84, reflecting expected EPS growth of 604.6%. For the next fiscal year, 7 analysts project revenue of $360.6M and EPS of $1.11. The company beat EPS estimates in 3 of the last 4 quarters, with the next earnings date scheduled for November 4, 2026.
Key risks and what to watch
- Short interest represents 15.6% of the float, pointing to elevated skepticism among market participants.
- Free cash flow was negative in each of the past three fiscal years, dropping to -$40.0M in FY2025 alongside an operating cash flow of -$34.2M.
- Quarterly earnings declined 10.5% year-over-year in the quarter ended June 30, 2026, indicating ongoing bottom-line volatility.
- The stock remains volatile with a beta of 1.18 and traded 9.7% below its 200-day average as of October 16, 2026.
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 STAA AI stock analysis
This page is an AI-written research summary of STAAR Surgical Company (STAA). 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: STAA income statement, STAA balance sheet, STAA key metrics, STAA analyst forecast, STAA chart. See the STAA stock overview for the latest quote and news.
STAA AI stock analysis FAQ
Does STAAR Surgical pay a dividend?
STAAR Surgical does not pay a dividend. The company deployed cash toward $6.5M of share buybacks and $5.8M in capital expenditures in FY2025.
What is the analyst price target for STAA stock?
The mean analyst price target is $28.00, which implies an upside of 31.6% compared to the October 16, 2026 closing price of $21.27.
What is STAAR Surgical's balance sheet position?
As of June 30, 2026, STAAR Surgical had $181.5M in cash and short-term investments and $35.9M in total debt, giving it a net cash balance of $145.5M. Its current ratio was 4.66 and its debt-to-equity ratio was 0.10.
When is STAAR Surgical's next earnings report?
The company's next earnings date is scheduled for November 4, 2026. STAAR Surgical has beaten EPS estimates in 3 of the last 4 quarters.