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EW

Edwards Lifesciences

NYSEHealth CareMedical DevicesSnapshot 2026-05-08

$79.96-3.38%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, EW has a composite score of 13.7 and a signal label of "mild favorable." The score is driven by high confidence at 84.2 and moderate risk at 31.2, with notable contributions from management (69.8) and macro factors (31.5). Key drivers include macroeconomic conditions related to labor, rates, growth, and inflation.

Composite +14as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.06
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
349411307311
F2 · Value
cheap
Cheapest 10% of health care cohort
Why this rank
Price
$79.96
TTM EPS
$6.77
Earnings yield
8.5%
P/E (TTM)
11.8

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
fragile
Bottom 10% cash conversion in health care cohort
Why this rank
TTM NI ($M)
4,175
TTM CFO ($M)
542
CFO/NI
0.13
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
bullish6 PT revisions / 30d, avg 17.6% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $0.75 → $0.74 (-1.1% / 30d). 7 raised, 13 cut, 24 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 7 maintained. 73% of analysts rate Buy.

Price target activity

6 PT revisions / 30d. Avg target 17.6% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

4 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase sales growth guidancegrowthbehind14% progress
    4/23: Edwards is raising its full-year 2026 sales growth rate guidance to 9% to 11% from 8% to 10%.
    Why this status

    Stated in 2 of last 2 quarters. Sales grew 16.7% to $1.65 billion in 2026-Q1, reflecting strong execution. The guidance increase to 9% to 11% for 2026 indicates confidence in sustaining this growth trajectory.

  2. 2.Raise EPS guidance midpointgrowthbehind14% progress
    4/23: Raising FY 2026 adjusted EPS guidance midpoint; new range of $2.95 to $3.05 from $2.90 to $3.05.
    Why this status

    Stated in 2 of last 2 quarters. Adjusted EPS was $0.78 in 2026-Q1, supporting the raised guidance range of $2.95 to $3.05 for the full year. This reflects confidence in achieving higher profitability.

  3. 3.Expand TAVR sales growth guidancegrowthbehind14% progress
    4/23: Raising full-year 2026 TAVR sales growth guidance to 7% to 9% from 6% to 8%.
    Why this status

    Stated in 2 of last 2 quarters. TAVR sales grew 14.4% to $1.20 billion in 2026-Q1, prompting an increase in the full-year growth guidance to 7% to 9%. This indicates strong market demand and execution.

  4. 4.Project Q2 2026 sales growthgrowthwatchprovisional
    4/23: Not mentioned in most recent disclosures.
3

Guidance track record

Last 8 quarters of EPS guidance with actuals.

4 beat, 4 inside
Per-quarter detail
PeriodGuidanceActualResult
2024-03-31$0.62 – $0.66$0.66inside
2024-06-30$0.67 – $0.71$0.70inside
2024-09-30$0.67 – $0.71$0.67inside
2024-12-31$0.53 – $0.57$0.59beat
2025-03-31$0.58 – $0.64$0.64inside
2025-06-30$0.59 – $0.65$0.67beat
2025-09-30$0.54 – $0.60$0.67beat
2026-03-31$0.70 – $0.76$0.78beat

Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −13%, typical day ±1.0%
Why this risk level

Recent vol — 30d annualized 29%; 252d 23%.

Drawdown — Max 1y −13%. Bad day move −2%.

Beta to sector ETF (XLV) 0.50 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 61/100, drawdown 75/100, beta 50/100, earnings vol .

Sector regime
headwind-15.1%sector vs S&P 500, 60d

via XLV

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite69.8 / 100
Capital allocation87
Earnings discipline74
Margin discipline51
Balance sheet62
Guidance credibility66
Post-call reaction50

Met or beat guidance 63% of the last 8 guided quarters · -12.2% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase sales growth guidance

    GrowthNew since 2026-05-04

    Edwards aims to increase its full-year 2026 sales growth rate guidance to 9% to 11%.

    Behind

    Stated in 2 of last 2 quarters. Sales grew 16.7% to $1.65 billion in 2026-Q1, reflecting strong execution. The guidance increase to 9% to 11% for 2026 indicates confidence in sustaining this growth trajectory.

    14%
    CEO/CFO:Edwards is raising its full-year 2026 sales growth rate guidance to 9% to 11% from 8% to 10%.
    Press releaseSource dated 2026-04-23Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Press release

      Raising FY 2026 constant currency sales growth guidance to 9% to 11% from 8% to 10%.

    • 2025-Q4Press release

      Increased confidence in FY 2026 constant currency sales growth of 8 – 10%.

  • #2

    Raise EPS guidance midpoint

    GrowthNew since 2026-05-04

    Edwards is raising the midpoint of its full-year adjusted EPS guidance to $2.95 to $3.05.

    Behind

    Stated in 2 of last 2 quarters. Adjusted EPS was $0.78 in 2026-Q1, supporting the raised guidance range of $2.95 to $3.05 for the full year. This reflects confidence in achieving higher profitability.

    14%
    CEO/CFO:Raising FY 2026 adjusted EPS guidance midpoint; new range of $2.95 to $3.05 from $2.90 to $3.05.
    Press releaseSource dated 2026-04-23Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Press release

      Raising FY 2026 adjusted EPS guidance midpoint; new range of $2.95 to $3.05.

    • 2025-Q4Press release

      Increased confidence in FY 2026 adjusted EPS $2.90 – $3.05.

  • #3

    Expand TAVR sales growth guidance

    Growth

    Edwards is raising its full-year 2026 TAVR sales growth guidance to 7% to 9%.

    Behind

    Stated in 2 of last 2 quarters. TAVR sales grew 14.4% to $1.20 billion in 2026-Q1, prompting an increase in the full-year growth guidance to 7% to 9%. This indicates strong market demand and execution.

    14%
    CEO/CFO:Raising full-year 2026 TAVR sales growth guidance to 7% to 9% from 6% to 8%.
    Press releaseSource dated 2026-04-23Stated 2 of last 8 quartersFirst seen 2026-04-23
    Show history (2)
    • 2026-Q1Press release

      Raising full-year 2026 TAVR sales growth guidance to 7% to 9% from 6% to 8%.

    • 2025-Q4Press release

      Increased confidence in FY 2026 TAVR sales growth.

  • #4

    Project Q2 2026 sales growth

    GrowthNew since 2026-05-04

    For the second quarter of 2026, the company projects total sales to be between $1.66 and $1.74 billion.

    BehindWatch
    No score
    CEO/CFO:Not mentioned in most recent disclosures.
    Multiple sourcesSource dated 2026-04-23First seen 2026-05-04provisional
as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
10higher = cheaper

Looks more expensive than peers.

Compared to its own history
12higher = cheaper

Richer than its own typical valuation.

P/E
30.7x
EV/EBITDA
26.3x
FCF yield
2.3%

P/E over the last 5 years

26 monthly points
expensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
EW
Edwards Lifesciences
+14expensivemoderate
LLY
Lilly (Eli)
+21fullmoderate
JNJ
Johnson & Johnson
+18fulllow
ABBV
AbbVie
+12fairlow
UNH
UnitedHealth Group
+24fairelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.0%
A bad day (95th %ile)
A rough but not unusual down day.
-2.2%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-12.7%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If health_care sector trend rises from +0.06 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-23)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-23)-8.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-6.8 pts
  • If health_care sector trend falls from +0.06 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-044d agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 4, 2026, Edwards Lifesciences Corporation, a Delaware corporation (the “Company”), announced that Theodora Mistras has been appointed as the Corporate Vice President, Chief Financial Officer of the Company, effective May 29, 2026, to succeed Scott B. Ullem in that position. Ms. Mistras, age 44, has served as Chief Financial Officer of Viatri…

    executive changeneutralscore 73
  2. 2026-04-2315d agoItem 2.02

    Results of Operations and Financial Condition. On April 23, 2026, Edwards Lifesciences Corporation, a Delaware corporation (“Edwards”), issued a press release setting forth Edwards’ financial results for the first quarter of 2026. A copy of the press release is furnished as Exhibit 99.1, and is incorporated herein by reference. The information furnished under this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.

    earnings preannouncementpositivescore 51
  3. 2026-02-102mo agoItem 2.02

    Results of Operations and Financial Condition. On February 10, 2026, Edwards Lifesciences Corporation, a Delaware corporation (“Edwards”), issued a press release setting forth Edwards’ financial results for the fourth quarter of 2025. A copy of the press release is furnished as Exhibit 99.1, and is incorporated herein by reference. The information furnished under this Item 2.02, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as a…

    earnings preannouncementneutralscore 9
  4. 2025-07-249mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Departure of Named Executive Officer On July 21, 2025, Larry L. Wood notified the Board of Directors of Edwards Lifesciences Corporation (the “Company”) that he will resign from his position as Corporate Vice President and Group President, Transcatheter Aortic Valve Replacement and Surgical Structural Heart of the Company, effective September 1, 202…

    executive changeneutralscore 0
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-25 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.