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Strength Seen in Tandem Diabetes Care (TNDM): Can Its 9.1% Jump Turn into More Strength?

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Tandem Diabetes Care, Inc. (TNDM - Free Report) shares ended the last trading session 9.1% higher at $23.91. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 15.6% gain over the past four weeks.

Tandem Diabetes scored a strong price increase, driven by investor’s optimism after investment firm Piper Sandler upgraded the stock to “Overweight” from “Neutral” and increased its price target to $33. The development follows an analysis of the pharmacy pricing benefit and international direct market opportunities discussed during the company’s fourth quarter 2025 earnings call.

This company is expected to post quarterly loss of $0.46 per share in its upcoming report, which represents a year-over-year change of +31.3%. Revenues are expected to be $240.95 million, up 2.8% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For Tandem Diabetes Care, the consensus EPS estimate for the quarter has been revised 4% lower over the last 30 days to the current level. And a negative trend in earnings estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on TNDM going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Tandem Diabetes Care is part of the Zacks Medical - Instruments industry. LivaNova (LIVN - Free Report) , another stock in the same industry, closed the last trading session 1.6% higher at $62.43. LIVN has returned -6.6% in the past month.

LivaNova's consensus EPS estimate for the upcoming report has changed -0.7% over the past month to $0.85. Compared to the company's year-ago EPS, this represents a change of -3.4%. LivaNova currently boasts a Zacks Rank of #2 (Buy).

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