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BAX · Baxter International Inc

Track BAX — free
$24.20 -0.03 (-0.10%)
Market Cap
$12.14B
Shares
517.00M
Volume · Oct 6 1.77M Avg daily vol (3M) 6.6M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$24.22 Open$23.46 Day$23.24–24.29 52W close$15.80–28.35 Avg vol 30d6.3M Short int23.2M · 4.5% float · 4.5d Short vol43% Last earningsJul 30, 2026 DataJan 2020–Oct 2026 Filing10-Q · Jul 30

Up next

Next earnings call
Oct 29, 2026 Est · unconfirmed · in 3 wks
filed Jul 30, 2026
call held Jul 30, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$11.47B
Trailing 12 months
Net income (TTM)
−$1.06B
Trailing 12 months
Revenue growth YoY
+5.3%
Year over year
Operating margin
-2.4%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+0.8%
Year over year · more shares
Price change (1Y)
+1.1%
Trailing year
Short interest
4.5%
Latest settlement · 4.5 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Jul 30, 2026
Q2 FY26

TL;DR. Baxter reported Q2 sales of $2.96B (up 5% reported and organic), beating expectations and driven by broad-based growth including a $75M IEEPA tariff refund not in prior guidance; the company raised full-year 2026 reported sales growth to 3-4%, organic sales to 2-3%, and adjusted EPS to $1.95-$2.15 from $1.85-$2.05.

Bullish
  • + Raised full-year 2026 adjusted EPS guidance to $1.95-$2.15 from $1.85-$2.05, reflecting the Q2 tariff refund
  • + Advanced Surgery sales grew 12% to $331M on continued strong global demand for hemostats and sealants
Bearish
  • − Q2 adjusted EPS of $0.56 declined 5% YoY due to higher-cost inventory roll-through and unfavorable prior-year comparison
  • − MPT segment adjusted operating margin fell 350 bps to 19.3% on higher manufacturing costs and Section 232 tariff impact
  • − Adjusted gross margin contracted 210 bps to 38.6% and adjusted operating margin fell 90 bps to 14.2%
  • − Novum IQ LVP remains on shipment and installation hold, pressuring Infusion Systems sales and creating customer uncertainty
  • − Supply constraints on injectables from a contract manufacturer and softness in pre-mixed products continue to weigh on results

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Buy Momentum Strong Sentiment Bullish Fundamentals Weak Quant / Vol Moderate
Market backdrop VIX 15.5 · calm Equity put/call 0.59
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +16%
above
Price vs 50-day avg −4%
below
RSI (14) 51
neutral
MACD trend Positive
52-week position 67%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Strong
1-month return −6%
trailing
6-month return +38%
trailing
YTD return +27%
this year
Relative strength +26%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $25 › 200d $21 — 50d above 200d
Institutional flow Accumulating
8 of 698 funds reported for Sep 30 · net +341 sh shares
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
4.49% of float · ▼ -0.3% MoM · 4.5 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
698 holders — mid 3-yr range
Squeeze score 61
elevated · 0–100
Fundamentals
Weak
Revenue growth +6%
Y/Y
Gross margin 30%
contracting
EPS growth −47%
Y/Y
Buyback $1.3B
remaining
Balance sheet $2.5B
net debt
Quant / Vol
risk profile
Moderate
Volatility 43%
annualized · 1-yr
Max drawdown −34%
past year
ATR 3.0%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 1 of last 6
Latest guidance · from the 8-K filed Jul 30, 2026
Reported sales growth from continuing operations · full-year 2026 Initiated 3% – 4%
Adjusted earnings from continuing operations per diluted share · full-year 2026 Non-GAAP Initiated $1.95 – $2.15
Guided vs delivered · last 6 settled
U.S. GAAP earnings per diluted share full-year 2023
guided $1.16 – $1.31
$5.23 Beat +323.5%
U.S. GAAP earnings per diluted share second-quarter 2023
guided $0.18 – $0.20
$-0.28 Miss −247.4%
U.S. GAAP earnings per diluted share first-quarter 2023
guided $0.14 – $0.18
$0.09 Miss −43.8%
U.S. GAAP earnings (loss) per diluted share full-year 2022
guided $-4.52 – $-4.45
$-4.83 Miss −7.7%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
0 · 5 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+16% Bullish
Price vs 50-day avg
−4% Neutral
RSI (14)
51 Neutral
MACD trend
Positive Bullish
52-week position
67% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $25 › 200d $21 — 50d above 200d
Institutional flow Accumulating
8 of 698 funds reported for Sep 30 · net +341 sh shares
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
4.49% of float · ▼ -0.3% MoM · 4.5 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
698 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $16 Now $24 · 67% Range high $28
vs 200-day avg +16% vs 50-day avg -4%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Medical Instruments & Supplies — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
BAX
Baxter International Inc
this stock
$12.14B +26.7% +5.7% — 4.5%
ISRG
Intuitive Surgical Inc
$143.14B -28.2% +20.5% 46.5 2.3%
BDX
Becton Dickinson & Co
$49.57B — +8.2% — 4.2%
MDLN
Medline Inc.
$45.62B -14.8% +11.5% — 3.1%
RMD
Resmed Inc
$32.02B -7.5% +13.4% 21.3 9.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
697
% held
108.9%
Reported
8 of 698
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
525
View
Short & Settlement
Short Interest Falling
Shares short
23.2M
Days to cover
4.5d
Change
-66.4K sh
View
Short Volume
Short vol %
43%
As of
Oct 5, 2026
Short Total
View
Fails to Deliver
FTD shares
2.1K
Value
$52.5K
As of
Sep 9, 2026
View
Off-Exchange
Off-exchange %
38.8%
Week of
Aug 31, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Buy
Member
Lisa McClain
Amount
$1.0K–$15.0K
Traded
Jul 22, 2025
View
Financials
Financials
Revenue (FY)
$11.2B
Net income (FY)
$-957.0M
EPS diluted
$-1.87
View
Buybacks
Remaining
$1.3B
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 19, 2026
This year
18
View
Proposed Sales
Value
$645.2K
Shares
36.3K
Filed
May 18, 2026
View
Earnings & Events
Webcasts
Last webcast
Jul 30, 2026
View
Investor Relations
Latest news
Baxter to Host Second-Quarter 202…
Published
Jul 9, 2026
View

Performance

5D 20D 120D MTD YTD
BAX +3.1% -6.2% +37.7% +0.9% +26.7%
SPY +1.2% +0.6% +11.6% +1.6% +13.6%
vs SPY +1.9% -6.8% +26.1% -0.7% +13.1%

Capital returns

Buyback program · as of Jun 30, 2026
Authorized
—
Spent (derived)
—
Remaining
$1.30B

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 10456 CUSIP 071813109 13F (30d) 35 filings 16 filers Visit website Investor relations