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Reasons to Add AngioDynamics Stock to Your Portfolio for Now
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Key Takeaways
ANGO is benefiting from strong NanoKnife growth and rising prostate cancer procedure adoption.
AngioDynamics saw strong Auryon and thrombectomy sales growth in fiscal Q3 2026.
ANGO expects continued AlphaVac growth backed by expanding physician adoption and trials.
AngioDynamics (ANGO - Free Report) has been gaining from its solid prospects with NanoKnife and an increased focus on cancer treatment markets. The optimism, led by a solid third-quarter fiscal 2026 performance, positive ongoing studies and a broad product line, bodes well for the stock.
In the year-to-date period, the Zacks Rank #2 (Buy) company’s shares have lost 13.8% compared with 20.8% decline of the industry. The S&P 500 has increased 9.9% during the said time frame.
The renowned designer, manufacturer and seller of an extensive range of innovative medical, surgical and diagnostic devices has a market capitalization of $444.3 million. The company projects 59.3% growth over the next year and expects to witness continued improvements in its business. AngioDynamics’ earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 82.1%.
Image Source: Zacks Investment Research
Reasons Favoring ANGO’s Growth
Broad Product Line: AngioDynamics delivered another quarter of strong Med Tech momentum in the third quarter of fiscal 2026, led by continued strength in the Auryon platform and Mechanical Thrombectomy franchise. Auryon revenues increased 17.9% year over year to $16.3 million, marking the 19th consecutive quarter of double-digit growth, driven by expanding hospital penetration, improving utilization trends and ongoing product enhancements. Management also highlighted growing international traction following CE Mark approval and reiterated confidence in the platform’s long-term growth opportunity despite its larger revenue base.
The Mechanical Thrombectomy business remained another key growth driver, with combined AngioVac and AlphaVac revenues rising 17.9% year over year to $11.5 million. AlphaVac revenues surged 47.4% year over year on strong physician adoption, rising utilization within existing accounts and expanding hospital approvals, while AngioVac returned to growth with a 5% revenue increase. Management expects continued sequential growth for AlphaVac, supported by increasing market penetration, favorable clinical outcomes and the ongoing APEX-Return pivotal trial, which could further support future adoption.
NanoKnife Driving Growth: During the third quarter of fiscal 2026, NanoKnife delivered strong growth as revenues increased 21% year over year to $7.6 million, driven by rising demand for both disposables and capital systems. Probe revenues climbed 20% on continued adoption in prostate cancer procedures, while capital sales rose 24.9% due to growing uptake among new physicians and healthcare providers.
Management noted that increasing physician confidence, expanding training programs and improving procedural familiarity are driving higher patient volumes each month. NanoKnife is also benefiting from favorable reimbursement trends following the Jan. 1, 2026, implementation of its CPT Category I code for prostate procedures, with early reimbursement experience proving encouraging. Combined with positive real-world outcomes consistent with the PRESERVE study, these factors continue to support sustained procedural growth and strengthen NanoKnife’s long-term recurring revenue potential.
Solid Q3 Results: AngioDynamics exited the third quarter of fiscal 2026 with narrower-than-expected adjusted loss per share and better-than-expected revenues. The uptick in overall revenues and geographical revenues, both on a reported and pro forma basis, looked promising. The robust performance of both segments was also impressive. Robust Auryon, AngioVac, AlphaVac and NanoKnife sales were also recorded during the quarter.
Per management, ANGO’s mechanical thrombectomy portfolio exhibited strong performance during the quarter as commercial adoption continued to build with both AlphaVac and AngioVac.
A Factor That May Offset ANGO’s Gains
Macroeconomic Concerns: AngioDynamics continues to face headwinds from tariffs, inflation and broader macroeconomic uncertainty. During the fiscal third quarter of 2026 earnings call, management stated that tariff expense totaled approximately $1.3 million in the quarter and reiterated expectations for $4-$6 million in tariff-related costs for fiscal 2026. Rising supplier, energy and manufacturing-related costs also remain ongoing pressures on the business.
These factors weighed on profitability, with gross margin declining 110 basis points year over year to 52.9% in the quarter due to tariffs, inflation and manufacturing transition costs. While a favorable Med Tech mix shift and selective pricing actions partially offset the impact, management acknowledged that pricing has not fully compensated for rising external costs. Additionally, planned inventory build-ups tied to temporary sterilization shutdowns are expected to increase near-term cash usage, adding further operational pressure.
Estimate Trend
AngioDynamics has been witnessing a positive estimate revision trend for fiscal 2026. Over the past 30 days, the Zacks Consensus Estimate for loss has narrowed 2 cents to 19 cents per share.
The Zacks Consensus Estimate for fourth-quarter fiscal 2026 revenues is pegged at $80.5 million, implying a 0.4% rise from the year-ago reported number. The consensus mark for fiscal fourth-quarter loss per share is pinned at 11 cents, implying a 266.7% decline year over year.
Other Key Picks
Some other top-ranked stocks in the broader medical space that have announced quarterly results are West Pharmaceutical Services, Inc. (WST - Free Report) , Intuitive Surgical (ISRG - Free Report) and Cardinal Health, Inc. (CAH - Free Report) .
West Pharmaceutical reported first-quarter 2026 earnings per share (EPS) of $2.13, which beat the Zacks Consensus Estimate by 26.8%. Revenues of $844.9 million surpassed the Zacks Consensus Estimate by 8.5%. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
West Pharmaceutical has a long-term estimated growth rate of 13.9%. WST’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 19.37%.
Intuitive Surgical reported first-quarter 2026 adjusted EPS of $2.50, which beat the Zacks Consensus Estimate by 20.19%. Revenues of $2.77 billion surpassed the Zacks Consensus Estimate by 6.2%. It currently carries a Zacks Rank of 2.
Intuitive Surgical has a long-term estimated growth rate of 14.9%. ISRG’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 16.82%.
Cardinal Health, carrying a Zacks Rank of 2 at present, reported third-quarter fiscal 2026 adjusted EPS of $3.17, which beat the Zacks Consensus Estimate by 13.2%. Revenues of $60.94 billion missed the Zacks Consensus Estimate by 2.3%.
Cardinal Health has a long-term estimated growth rate of 15.6%. CAH’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 10.27%.
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Reasons to Add AngioDynamics Stock to Your Portfolio for Now
Key Takeaways
AngioDynamics (ANGO - Free Report) has been gaining from its solid prospects with NanoKnife and an increased focus on cancer treatment markets. The optimism, led by a solid third-quarter fiscal 2026 performance, positive ongoing studies and a broad product line, bodes well for the stock.
In the year-to-date period, the Zacks Rank #2 (Buy) company’s shares have lost 13.8% compared with 20.8% decline of the industry. The S&P 500 has increased 9.9% during the said time frame.
The renowned designer, manufacturer and seller of an extensive range of innovative medical, surgical and diagnostic devices has a market capitalization of $444.3 million. The company projects 59.3% growth over the next year and expects to witness continued improvements in its business. AngioDynamics’ earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 82.1%.
Image Source: Zacks Investment Research
Reasons Favoring ANGO’s Growth
Broad Product Line: AngioDynamics delivered another quarter of strong Med Tech momentum in the third quarter of fiscal 2026, led by continued strength in the Auryon platform and Mechanical Thrombectomy franchise. Auryon revenues increased 17.9% year over year to $16.3 million, marking the 19th consecutive quarter of double-digit growth, driven by expanding hospital penetration, improving utilization trends and ongoing product enhancements. Management also highlighted growing international traction following CE Mark approval and reiterated confidence in the platform’s long-term growth opportunity despite its larger revenue base.
The Mechanical Thrombectomy business remained another key growth driver, with combined AngioVac and AlphaVac revenues rising 17.9% year over year to $11.5 million. AlphaVac revenues surged 47.4% year over year on strong physician adoption, rising utilization within existing accounts and expanding hospital approvals, while AngioVac returned to growth with a 5% revenue increase. Management expects continued sequential growth for AlphaVac, supported by increasing market penetration, favorable clinical outcomes and the ongoing APEX-Return pivotal trial, which could further support future adoption.
NanoKnife Driving Growth: During the third quarter of fiscal 2026, NanoKnife delivered strong growth as revenues increased 21% year over year to $7.6 million, driven by rising demand for both disposables and capital systems. Probe revenues climbed 20% on continued adoption in prostate cancer procedures, while capital sales rose 24.9% due to growing uptake among new physicians and healthcare providers.
Management noted that increasing physician confidence, expanding training programs and improving procedural familiarity are driving higher patient volumes each month. NanoKnife is also benefiting from favorable reimbursement trends following the Jan. 1, 2026, implementation of its CPT Category I code for prostate procedures, with early reimbursement experience proving encouraging. Combined with positive real-world outcomes consistent with the PRESERVE study, these factors continue to support sustained procedural growth and strengthen NanoKnife’s long-term recurring revenue potential.
Solid Q3 Results: AngioDynamics exited the third quarter of fiscal 2026 with narrower-than-expected adjusted loss per share and better-than-expected revenues. The uptick in overall revenues and geographical revenues, both on a reported and pro forma basis, looked promising. The robust performance of both segments was also impressive. Robust Auryon, AngioVac, AlphaVac and NanoKnife sales were also recorded during the quarter.
Per management, ANGO’s mechanical thrombectomy portfolio exhibited strong performance during the quarter as commercial adoption continued to build with both AlphaVac and AngioVac.
A Factor That May Offset ANGO’s Gains
Macroeconomic Concerns: AngioDynamics continues to face headwinds from tariffs, inflation and broader macroeconomic uncertainty. During the fiscal third quarter of 2026 earnings call, management stated that tariff expense totaled approximately $1.3 million in the quarter and reiterated expectations for $4-$6 million in tariff-related costs for fiscal 2026. Rising supplier, energy and manufacturing-related costs also remain ongoing pressures on the business.
These factors weighed on profitability, with gross margin declining 110 basis points year over year to 52.9% in the quarter due to tariffs, inflation and manufacturing transition costs. While a favorable Med Tech mix shift and selective pricing actions partially offset the impact, management acknowledged that pricing has not fully compensated for rising external costs. Additionally, planned inventory build-ups tied to temporary sterilization shutdowns are expected to increase near-term cash usage, adding further operational pressure.
Estimate Trend
AngioDynamics has been witnessing a positive estimate revision trend for fiscal 2026. Over the past 30 days, the Zacks Consensus Estimate for loss has narrowed 2 cents to 19 cents per share.
The Zacks Consensus Estimate for fourth-quarter fiscal 2026 revenues is pegged at $80.5 million, implying a 0.4% rise from the year-ago reported number. The consensus mark for fiscal fourth-quarter loss per share is pinned at 11 cents, implying a 266.7% decline year over year.
Other Key Picks
Some other top-ranked stocks in the broader medical space that have announced quarterly results are West Pharmaceutical Services, Inc. (WST - Free Report) , Intuitive Surgical (ISRG - Free Report) and Cardinal Health, Inc. (CAH - Free Report) .
West Pharmaceutical reported first-quarter 2026 earnings per share (EPS) of $2.13, which beat the Zacks Consensus Estimate by 26.8%. Revenues of $844.9 million surpassed the Zacks Consensus Estimate by 8.5%. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
West Pharmaceutical has a long-term estimated growth rate of 13.9%. WST’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 19.37%.
Intuitive Surgical reported first-quarter 2026 adjusted EPS of $2.50, which beat the Zacks Consensus Estimate by 20.19%. Revenues of $2.77 billion surpassed the Zacks Consensus Estimate by 6.2%. It currently carries a Zacks Rank of 2.
Intuitive Surgical has a long-term estimated growth rate of 14.9%. ISRG’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 16.82%.
Cardinal Health, carrying a Zacks Rank of 2 at present, reported third-quarter fiscal 2026 adjusted EPS of $3.17, which beat the Zacks Consensus Estimate by 13.2%. Revenues of $60.94 billion missed the Zacks Consensus Estimate by 2.3%.
Cardinal Health has a long-term estimated growth rate of 15.6%. CAH’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 10.27%.