Vericel (VCEL) Financials: Revenue & Earnings
$2.10B
Market Cap
89.52
P/E
76.80
Forward P/E
—
Score
VCEL price $41.09 -2.18 -5.04%
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 54383000 | 63924000 | 90857000 | 117850000 | 124179000 | 156184000 | 164365000 | 197516000 | 237224000 | 276259000 |
Vericel Corporation operates as a biopharmaceutical firm that has reached the commercialization phase, specializing in the research, development, production, and distribution of cell-based treatments. Its primary therapeutic areas are sports medicine and critical burn care across the United States. The company's product lineup includes MACI, an autologous cellularized scaffold employed for mending symptomatic…
VCEL fair value $35.29. Price $41.09. Price is 16% above fair value.
Above fair value, but less expensive than usual. A smaller premium than on 92% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 49.64M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.94% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 51.21M. Net debt -1.83M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.06 | — | 77.95M |
| 2026-07-30 | 0.04 | -0.03 | 77.46M | 72.70M |
| 2026-05-07 | -0.12 | -0.15 | 68.42M | 63.68M |
| 2026-02-26 | 0.45 | 0.45 | 92.92M | 90.97M |
| 2025-11-06 | 0.10 | -0.02 | 67.50M | 92.66M |
| 2025-07-31 | -0.01 | -0.04 | 63.24M | 64.57M |
| 2025-05-08 | -0.23 | -0.09 | 52.60M | 64.81M |
| 2025-02-27 | 0.38 | 0.31 | 75.38M | 58.12M |
| 2024-11-07 | -0.02 | -0.05 | 57.91M | 77.97M |
| 2024-08-01 | -0.10 | -0.10 | 52.66M | 55.18M |
| 2024-05-08 | -0.08 | -0.11 | 51.28M | 49.07M |
| 2024-02-29 | 0.26 | 0.17 | 65.00M | 63.93M |
| 2023-11-08 | -0.08 | -0.13 | 45.58M | 45.15M |
| 2023-08-02 | -0.11 | -0.13 | 45.92M | 44.98M |
| 2023-05-10 | -0.16 | -0.13 | 41.02M | 37.87M |
| 2023-02-23 | 0.12 | 0.04 | 52.69M | 52.88M |
| 2022-11-09 | -0.14 | -0.12 | 38.55M | 39.91M |
| 2022-08-03 | -0.19 | -0.13 | 37.05M | 38.35M |
| 2022-05-04 | -0.15 | -0.15 | 36.07M | 34.30M |
| 2022-02-24 | 0.09 | 0.14 | 47.59M | 48.99M |
| 2021-11-09 | -0.11 | -0.03 | 34.51M | 38.60M |
| 2021-08-04 | -0.08 | -0.06 | 39.52M | 36.67M |
| 2021-05-05 | -0.07 | -0.06 | 34.57M | 32.08M |
| 2021-02-24 | 0.25 | 0.20 | 45.23M | 33.92M |
| 2020-11-05 | 0.08 | 0.01 | 32.26M | 8.06M |
| 2020-08-05 | -0.18 | -0.21 | 20.01M | 23.35M |
| 2020-05-05 | -0.10 | -0.09 | 26.68M | 21.34M |
| 2020-02-25 | 0.20 | 0.20 | 39.39M | 39.39M |
| 2019-11-05 | 0.07 | 0.01 | 30.50M | 8.71M |
| 2019-08-06 | -0.05 | -0.47 | 26.15M | 26.73M |
| 2019-05-07 | -0.07 | -0.07 | 21.81M | 21.81M |
| 2019-02-26 | 0.13 | 0.04 | 31.34M | 11.39M |
| 2018-11-06 | -0.02 | -0.11 | 22.48M | 123.66M |
| 2018-08-06 | -0.12 | -0.13 | 19.01M | 19.01M |
| 2018-05-08 | -0.15 | -0.15 | 18.03M | 11.16M |
| 2018-03-05 | 0.03 | -0.10 | 23.35M | 54.48M |
| 2017-11-07 | -0.16 | -0.17 | 14.26M | 14.26M |
| 2017-08-09 | -0.08 | -0.24 | 16.95M | 46.01M |
| 2017-05-10 | -0.31 | -0.19 | 9.36M | 7.45M |
| 2017-03-10 | -0.14 | -0.22 | 16.52M | 12.93M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-12 | MCLAUGHLIN KEVIN F | Buy | 7.00K | $13.05 | 91.35K |
| 2026-08-12 | MCLAUGHLIN KEVIN F | Sell | 7.00K | $44.53 | 311.71K |
| 2026-08-12 | MCLAUGHLIN KEVIN F | Buy | 7.00K | $13.05 | 91.35K |
| 2026-08-03 | Halpin Michael | Buy | 10.00K | $16.66 | 166.60K |
| 2026-08-03 | Halpin Michael | Buy | 10.00K | $16.66 | 166.60K |
| 2026-08-03 | Halpin Michael | Sell | 10.00K | $46.84 | 468.40K |
| 2026-07-30 | SIEGAL JONATHAN | Buy | 2.50K | $29.82 | 74.55K |
| 2026-07-30 | SIEGAL JONATHAN | Buy | 2.50K | $29.82 | 74.55K |
| 2026-07-30 | SIEGAL JONATHAN | Buy | 500 | $29.82 | 14.91K |
| 2026-07-30 | SIEGAL JONATHAN | Buy | 1.50K | $34.90 | 52.35K |
| 2026-07-30 | SIEGAL JONATHAN | Buy | 1.50K | $34.90 | 52.35K |
| 2026-07-30 | SIEGAL JONATHAN | Buy | 500 | $29.82 | 14.91K |
| 2026-07-30 | SIEGAL JONATHAN | Sell | 500 | $48.90 | 24.45K |
| 2026-06-26 | SIEGAL JONATHAN | Buy | 2.50K | $29.82 | 74.55K |
| 2026-06-26 | SIEGAL JONATHAN | Buy | 2.50K | $29.82 | 74.55K |
| 2026-06-26 | SIEGAL JONATHAN | Sell | 2.50K | $44.90 | 112.25K |
| 2026-06-26 | Mara Joseph Anthony Jr | Sell | 5.00K | $44.75 | 223.75K |
| 2026-06-26 | Hopper Jonathan Mark | Buy | 5.00K | $29.82 | 149.10K |
| 2026-06-26 | Hopper Jonathan Mark | Sell | 5.00K | $45.00 | 225.00K |
| 2026-06-26 | Hopper Jonathan Mark | Buy | 5.00K | $29.82 | 149.10K |
| 2026-06-26 | Hopper Jonathan Mark | Buy | 5.00K | $29.82 | 149.10K |
| 2026-06-26 | Flynn Sean C. | Buy | 15.00K | $16.25 | 243.75K |
| 2026-06-26 | Flynn Sean C. | Buy | 15.00K | $16.25 | 243.75K |
| 2026-06-26 | Flynn Sean C. | Sell | 15.00K | $45.64 | 684.60K |
| 2026-06-18 | Halpin Michael | Buy | 10.00K | $16.66 | 166.60K |
| 2026-06-18 | Halpin Michael | Buy | 10.00K | $16.66 | 166.60K |
| 2026-06-18 | Halpin Michael | Sell | 10.00K | $40.24 | 402.40K |
| 2026-06-18 | Flynn Sean C. | Buy | 15.00K | $16.25 | 243.75K |
| 2026-06-18 | Flynn Sean C. | Buy | 15.00K | $16.25 | 243.75K |
| 2026-06-18 | Flynn Sean C. | Sell | 15.00K | $40.21 | 603.15K |
| 2026-06-02 | Hopper Jonathan Mark | Buy | 4.38K | $16.66 | 72.89K |
| 2026-06-02 | Hopper Jonathan Mark | Sell | 4.38K | $35.00 | 153.12K |
| 2026-06-02 | Hopper Jonathan Mark | Buy | 4.38K | $16.66 | 72.89K |
| 2026-05-13 | MCLAUGHLIN KEVIN F | Buy | 3.50K | $13.05 | 45.67K |
| 2026-05-13 | MCLAUGHLIN KEVIN F | Buy | 3.50K | $2.63 | 9.21K |
| 2026-05-13 | MCLAUGHLIN KEVIN F | Sell | 3.50K | $32.83 | 114.91K |
| 2026-05-13 | MCLAUGHLIN KEVIN F | Sell | 3.50K | $32.82 | 114.87K |
| 2026-05-13 | MCLAUGHLIN KEVIN F | Buy | 3.50K | $13.05 | 45.67K |
| 2026-05-13 | MCLAUGHLIN KEVIN F | Buy | 3.50K | $2.63 | 9.21K |
| 2026-05-11 | Wotton Paul K | Sell | 2.50K | $33.05 | 82.62K |
| 2026-05-11 | Wotton Paul K | Sell | 7.50K | $32.64 | 244.80K |
| 2026-05-07 | Mara Joseph Anthony Jr | Sell | 5.00K | $40.50 | 202.50K |
| 2026-05-07 | SIEGAL JONATHAN | Sell | 1.42K | $40.50 | 57.59K |
| 2026-05-06 | SIEGAL JONATHAN | Sell | 3.43K | $38.00 | 130.45K |
| 2026-04-29 | MCLAUGHLIN KEVIN F | Buy | 3.20K | — | — |
| 2026-04-29 | MCLAUGHLIN KEVIN F | Buy | 8.00K | $33.43 | 267.44K |
| 2026-04-29 | MCLAUGHLIN KEVIN F | Buy | 3.20K | — | — |
| 2026-04-29 | MCLAUGHLIN KEVIN F | Buy | 3.20K | — | — |
| 2026-04-29 | Rubino Alan L | Buy | 3.20K | — | — |
| 2026-04-29 | Hagen Heidi | Buy | 3.20K | — | — |
| 2026-04-29 | Hagen Heidi | Buy | 8.00K | $33.43 | 267.44K |
| 2026-04-29 | Rubino Alan L | Buy | 8.00K | $33.43 | 267.44K |
| 2026-04-29 | Hagen Heidi | Buy | 3.20K | — | — |
| 2026-04-29 | Rubino Alan L | Buy | 3.20K | — | — |
| 2026-04-29 | Hagen Heidi | Buy | 3.20K | — | — |
| 2026-04-29 | Rubino Alan L | Buy | 3.20K | — | — |
| 2026-04-29 | Wotton Paul K | Buy | 3.20K | — | — |
| 2026-04-29 | Wotton Paul K | Buy | 8.00K | $33.43 | 267.44K |
| 2026-04-29 | Wotton Paul K | Buy | 3.20K | — | — |
| 2026-04-29 | Wotton Paul K | Buy | 3.20K | — | — |
| 2026-04-29 | WRIGHT LISA | Buy | 3.20K | — | — |
| 2026-04-29 | WRIGHT LISA | Buy | 8.00K | $33.43 | 267.44K |
| 2026-04-29 | WRIGHT LISA | Buy | 3.20K | — | — |
| 2026-04-29 | WRIGHT LISA | Buy | 3.20K | — | — |
| 2026-04-29 | ZERBE ROBERT L MD | Buy | 3.20K | — | — |
| 2026-04-29 | ZERBE ROBERT L MD | Buy | 8.00K | $33.43 | 267.44K |
| 2026-04-29 | ZERBE ROBERT L MD | Buy | 3.20K | — | — |
| 2026-04-29 | ZERBE ROBERT L MD | Buy | 3.20K | — | — |
| 2026-04-02 | Hopper Jonathan Mark | Buy | 3.47K | $10.95 | 38.02K |
| 2026-04-02 | Hopper Jonathan Mark | Sell | 3.47K | $35.00 | 121.52K |
| 2026-04-02 | Hopper Jonathan Mark | Buy | 3.47K | $10.95 | 38.02K |
| 2026-03-25 | Rubino Alan L | Buy | 15.00K | $2.76 | 41.40K |
| 2026-03-25 | Rubino Alan L | Buy | 15.00K | $2.76 | 41.40K |
| 2026-03-23 | Hagen Heidi | Buy | 15.00K | $2.76 | 41.40K |
| 2026-03-23 | Hagen Heidi | Sell | 15.00K | $32.41 | 486.15K |
| 2026-03-23 | Hagen Heidi | Buy | 15.00K | $2.76 | 41.40K |
| 2026-03-02 | Flynn Sean C. | Buy | 15.00K | $16.25 | 243.75K |
| 2026-03-02 | Flynn Sean C. | Buy | 15.00K | $16.25 | 243.75K |
| 2026-03-02 | Flynn Sean C. | Sell | 6.42K | $34.75 | 223.13K |
| 2026-03-02 | Flynn Sean C. | Sell | 15.00K | $35.36 | 530.40K |
| 2026-03-02 | Halpin Michael | Sell | 10.30K | $35.30 | 363.77K |
| 2026-02-24 | Colangelo Dominick | Buy | 18.25K | — | — |
| 2026-02-24 | Colangelo Dominick | Sell | 8.82K | $38.09 | 336.11K |
| 2026-02-24 | Colangelo Dominick | Buy | 18.25K | — | — |
| 2026-02-24 | Colangelo Dominick | Buy | 18.25K | — | — |
| 2026-02-24 | Colangelo Dominick | Buy | 18.25K | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 1.50K | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Sell | 636 | $38.25 | 24.33K |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 1.50K | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 3.15K | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Sell | 1.33K | $38.09 | 50.85K |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 350 | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 350 | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 3.15K | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 1.50K | — | — |
| 2026-02-24 | Hopper Jonathan Mark | Buy | 1.50K | — | — |
| 2026-02-24 | SIEGAL JONATHAN | Buy | 1.88K | — | — |
| 2026-02-24 | SIEGAL JONATHAN | Sell | 738 | $38.25 | 28.23K |
| 2026-02-24 | SIEGAL JONATHAN | Buy | 1.54K | — | — |
| 2026-02-24 | SIEGAL JONATHAN | Sell | 627 | $38.09 | 23.88K |
Latest filed quarter: Q2 2026.
Institutions holding: 325, holders +40 vs prior quarter. Ownership 110.09%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 8.09M | 326.88K | +4.21% | 360.02M |
| STATE STREET CORP | 3.29M | 141.84K | +4.50% | 146.58M |
| CONGRESS ASSET MANAGEMENT CO | 2.92M | 1.41M | +93.53% | 129.75M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.26M | 24.97K | +1.12% | 100.36M |
| CONESTOGA CAPITAL ADVISORS, LLC | 2.08M | -379.48K | -15.41% | 92.71M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.99M | 160.15K | +8.74% | 88.66M |
| BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. | 1.64M | -83.58K | -4.85% | 72.96M |
| GW&K INVESTMENT MANAGEMENT, LLC | 1.55M | -66.36K | -4.10% | 68.98M |
| SOLEUS CAPITAL MANAGEMENT, L.P. | 1.46M | -1.09M | -42.76% | 64.92M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.34M | 86.38K | +6.88% | 59.68M |
| GENEVA CAPITAL MANAGEMENT LLC | 1.34M | -307.69K | -18.68% | 59.58M |
| LOOMIS SAYLES & CO L P | 1.20M | 224.79K | +23.05% | 53.40M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.06M | 69.13K | +6.97% | 47.19M |
| BANK OF AMERICA CORP /DE/ | 1.02M | -82.59K | -7.52% | 45.21M |
| DIMENSIONAL FUND ADVISORS LP | 906.20K | 61.45K | +7.27% | 40.32M |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | 896.65K | -62.56K | -6.52% | 39.89M |
| ROYAL BANK OF CANADA | 775.76K | -106.40K | -12.06% | 34.51M |
| CHAMPLAIN INVESTMENT PARTNERS, LLC | 755.83K | -59.34K | -7.28% | 33.63M |
| ABERDEEN GROUP PLC | 710.24K | 26.11K | +3.82% | 31.60M |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 664.30K | 33.43K | +5.30% | 29.55M |
| NEXT CENTURY GROWTH INVESTORS LLC | 612.58K | 459.81K | +300.96% | 27.25M |
| NORTHERN TRUST CORP | 597.64K | 54.89K | +10.11% | 26.59M |
| TWO SIGMA INVESTMENTS, LP | 580.98K | 95.97K | +19.79% | 25.85M |
| SG CAPITAL MANAGEMENT LLC | 571.25K | -178.75K | -23.83% | 25.42M |
| TIMESSQUARE CAPITAL MANAGEMENT, LLC | 549.85K | -28.49K | -4.93% | 24.46M |
Vericel Corporation (VCEL) trades at $41.09, with a market cap of $2.10B and a trailing P/E of 89.52. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 54383000 | 63924000 | 90857000 | 117850000 | 124179000 | 156184000 | 164365000 | 197516000 | 237224000 | 276259000 |
Insights · Dividends · Forecast · Financials · Learn
$2.10B
Market Cap
89.52
P/E
76.80
Forward P/E
—
Score