Zimmer Biomet Holdings, Inc. ZBH

NYSE | Industrials | Orthopedic implants and robotic surgery
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Updated: 5 Nov 2026 Base analysis: 1 Aug 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Clear

Existing position can be maintained pending the Q2 report for clearer direction.

Stable profitability, strong cash flows and raised guidance after the Q3 report support the continued HOLD signal.

Market sentiment Positive ↑
Trend: Improving

Market reacts positively to the earnings beat and raised guidance, with strengthened analyst consensus toward buy.

Risk assessment High
Dilution: Low Focus on buybacks rather than new share issuance
Jurisdiction: Low Primary operations in the US and Europe
Execution: Medium Ongoing sales force restructuring and integration work

HOLD is the call. Positive is the market mood. High risk means a lot can go wrong.

Latest change
  • 5 Nov 2026 — The report was released on 4 November 2026 and showed stronger-than-expected results driven by growth in hip and technology segments.

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About the company

Zimmer Biomet is a leading medical technology company that develops and sells orthopedic implants for knees, hips and extremities as well as robot-assisted surgical solutions such as the ROSA platform. The company holds a strong market position in orthopedics with recurring revenues from implants and surgical tools.

Sector: Orthopedic implants and robotic surgery
Type: Industrial
Next report (Q4)
4 Feb 2027
Catalysts
○
Q4 2026
Monogram FDA approval Medium
Bull case

Raised full-year guidance and strong growth in technology and robotics segments support the stock.

Bear case

High debt load and weaker performance in certain international markets limit upside.

Why this signal

Stable profitability, strong cash flows and raised guidance after the Q3 report support the continued HOLD signal.

Recent news
  • Q3 report released 4 November 2026 with net sales of 2.063 billion USD, adjusted EPS of 1.90 USD beating estimates and raised full-year guidance. Shares rose about 13.5 % the same day on heavy volume. Strong growth in hips, S.E.T. and technology segments offsets weaker knee sales.

Key figures

Revenue
Q3 2026
USD 2.1B
Revenue TTM
Q3 2026
USD 6.3B
EBITDA
Q2 2025
USD 500M
Net income
Q3 2026
USD 192M
Cash
Q3 2026
USD 372M
Total debt
as of
USD 7.5B
Shares outstanding
as of
RAW 191M
EPS
Q3 2026
USD 1.00
Exchange
NYSE
Type
Industrials
Sector
Orthopedic implants and robotic surgery
Zimmer Biomet Holdings, Inc. ZBH
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