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MDLNMedline Inc.Hold5.7·$39.55-2.37%
HoldModerate Confidence
Investment thesis

Medline enters the analysis with 23% upside to the analyst price target and a 3.3-to-1 favorable risk/reward — supported by consecutive earnings beats and a near-perfect Piotroski financial-health score — but heavy reliance on three group-purchasing organizations for approximately 69% of revenues remains the central concentration risk.

Thesis pillars

  • Gpo Customer Concentration RiskImproving
  • Material Upside Favorable Risk RewardDeteriorating
  • Early Earnings Beat ConsistencyStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Medline Inc. (MDLN) Stock Analysis

Range Bound setup

HoldVALUE-TRAP 1/5GrowthModerate Confidence

Healthcare · Medical Instruments & Supplies

Earnings in 7 days (2026-08-05). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $39.55, but acceptable to hold if already in. Reasons: Concentration risk — Customer: Vizient Supply, HealthTrust Purchasing Group, and Premier Healthcare Alliance (GPOs) (69.0%); Earnings in 7 days (event risk).

Medline, founded in 1966, is the largest provider of med-surg products by total net sales, distributing approximately 335,000 products through Medline Brand and Supply Chain Solutions segments to hospitals, surgery centers, physician offices, and post-acute facilities globally.... Read more

$39.55+14.3% A.UpsideScore 5.7/10#16 of 32 Medical Instruments & Supplies
QualityF-score8 / 9FCF yield
Stop $37.27Target $45.83(analyst − 10%)A.R:R 1.6:1
Analyst target$50.92+28.8%26 analysts
$45.83our TP
$39.55price
$50.92mean
$62

Hold if already holding. Not a fresh buy at $39.55, but acceptable to hold if already in. Reasons: Concentration risk — Customer: Vizient Supply, HealthTrust Purchasing Group, and Premier Healthcare Alliance (GPOs) (69.0%); Earnings in 7 days (event risk). Chart setup: RSI 47 mid-range, Bollinger mid-band. Mixed signals. Hold existing position. Score 5.7/10, moderate confidence.

Passes 5/8 gates (favorable risk/reward ratio, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and clean insider activity and earnings proximity 7d<=7d. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-29
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 5, 20267d to earnings· next earnings call

Thesis

Rewards
Strong growth profile
Risks
Concentration risk — Customer: Vizient Supply, HealthTrust Purchasing Group, and Premier Healthcare Alliance (GPOs) (69.0%)
Earnings in 7 days (event risk)

Key Metrics

P/E (TTM)34.6
P/E (Fwd)24.3
Mkt Cap$72.2B
EV/EBITDA17.3
Profit Mgn3.3%
ROE6.1%
Rev Growth10.7%
Beta
DividendNone
Rating analysts35

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C0.84neutral
IV71%elevated
Max Pain$25-36.8% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomerVizient Supply, HealthTrust Purchasing Group, and Premier Healthcare Alliance (GPOs)69%
    10-K Item 1A: 'approximately $19.7 billion (or 69% of consolidated net sales ... contract with our largest GPOs: Vizient Supply, LLC, HealthTrust Purchasing Group, L.P., and Premier Healthcare Alliance, L.P.'
  • LOWCustomertop five U.S. customers11%
    10-K Item 1A: 'our top five U.S. customers represented approximately $3.2 billion (or 11.3%) of our net sales'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesMomentum 4.5<4.5INSIDER 4.99%=EXTREMEEARNINGS PROXIMITY 7d<=7dA.R:R 1.6 ≥ 1.5No SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Moderate
RSI
47 · Neutral
20D MA 50D MA 200D MASupport $36.60Resistance $43.63

Price Targets

$37
$46
A.Upside+14.3%
A.R:R1.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 4.5 (below the engine's 4.5 threshold)
! Insider activity: 4.99%=extreme
! EARNINGS_PROXIMITY:7d<=7d

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-05 (7d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MDLN stock a buy right now?

Hold if already holding. Not a fresh buy at $39.55, but acceptable to hold if already in. Reasons: Concentration risk — Customer: Vizient Supply, HealthTrust Purchasing Group, and Premier Healthcare Alliance (GPOs) (69.0%); Earnings in 7 days (event risk). Chart setup: RSI 47 mid-range, Bollinger mid-band. Mixed signals. Hold existing position. Target $45.83 (+15.9%), stop $37.27 (−6.1%), A.R:R 1.6:1. Score 5.7/10, moderate confidence.

What is the MDLN stock price target?

Take-profit target: $45.83 (+14.3% upside). Target $45.83 (+15.9%), stop $37.27 (−6.1%), A.R:R 1.6:1. Stop-loss: $37.27.

What are the risks of investing in MDLN?

Concentration risk — Customer: Vizient Supply, HealthTrust Purchasing Group, and Premier Healthcare Alliance (GPOs) (69.0%); Earnings in 7 days (event risk).

Is MDLN overvalued or undervalued?

Medline Inc. trades at a P/E of 34.6 (forward 24.3). TrendMatrix value score: 6.0/10. Verdict: Hold.

What do analysts say about MDLN?

35 analysts cover MDLN with a consensus score of 4.1/5. Average price target: $51.

What does Medline Inc. do?Medline, founded in 1966, is the largest provider of med-surg products by total net sales, distributing approximately...

Medline, founded in 1966, is the largest provider of med-surg products by total net sales, distributing approximately 335,000 products through Medline Brand and Supply Chain Solutions segments to hospitals, surgery centers, physician offices, and post-acute facilities globally. Prime Vendor agreements generated $18.0 billion (63.4% of net sales) in 2025; the company operates 70 global distribution centers and 2,100+ owned MedTrans trucks, employing over 45,000 people.

Related stocks: RMD (ResMed Inc.) · WST (West Pharmaceutical Services, I) · ALGN (Align Technology, Inc.) · ISRG (Intuitive Surgical, Inc.) · ATR (AptarGroup, Inc.)
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