Penumbra Stock Surges Despite 443rd Ranking in Trading Volume

On April 25, 2025, Penumbra (PEN) saw a trading volume of $182 million, a 60.49% decrease from the previous day, ranking 443rd in the day's stock market activity. The stock price rose by 0.51%, marking the fourth consecutive day of gains, with a total increase of 10.77% over the past four days.

Penumbra reported a strong financial performance for the first quarter of 2025, with adjusted operating margins expanding by 810 basis points year over year to 12.4%. The company's operating income reached $40.4 million, with a net income of $39.2 million and adjusted EBITDA of $59.6 million, reflecting margins of 12.1% and 18.4%, respectively.

Penumbra's revenue for the first quarter of 2025 was $324.1 million, representing a 16.3% year-over-year growth. This strong revenue performance has led to an increase in the stock price target by several analysts. Stifel raised its price target to $318, while BTIG increased its target to $320 from $305. The company's full-year 2025 revenue guidance is set at approximately $1.35 billion, with expectations for gross margins to rise above 67%.