Teleflex (TFX) Stock Forecast & Price Target

Teleflex has demonstrated strong growth potential, particularly in the Americas, where the Intra-Aortic Balloon Pump (IABP) segment achieved "strong double digits" growth, indicating robust demand in its key markets. Additionally, the company has reported improved customer order rates and anticipates continued sequential improvement throughout the year, suggesting positive momentum in sales and operations. Furthermore, Teleflex has adjusted its GAAP revenue growth guidance upward to a range of 1.28% to 2.28%, reflecting better-than-expected performance in the first quarter and an improved outlook on foreign exchange impacts.

Teleflex has reiterated its constant currency revenue growth guidance of 1.0-2.0% year-over-year, while simultaneously lowering its earnings per share (EPS) guidance to a range of $13.20-13.60 from a previous range of $13.95-14.35, largely due to anticipated tariff impacts. The company expects a significant $1.05 negative impact on EPS from a projected $55 million tariff headwind to cost of goods sold, which will not be completely mitigated by operational efficiencies and lower share counts. Despite modest revenue and EPS beats in the first quarter, the pressure from the forthcoming tariffs casts a negative shadow on Teleflex's financial outlook.