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EW

Edwards Lifesciences Corp

NYSE: EW · HEALTHCARE · MEDICAL DEVICES

$81.22
-1.29% today

Updated 2026-04-29

Market cap
$46.83B
P/E ratio
43.90
P/S ratio
7.43x
EPS (TTM)
$1.85
Dividend yield
52W range
$72 – $88
Volume
5.0M

Edwards Lifesciences Corp (EW) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$81.22
Consensus
$96.47
+18.78%
2030 Target
$202.63
+149.48%
DCF
$264.83
+70.04% MoS
21 analysts:
14 Buy7 Hold0 Sell

Management guidance

Edwards Lifesciences guided to 2026 revenue of $6.88B (13.39% growth) and 2027 revenue of $7.55B (9.78% growth) based on structural heart device strength, TAVR market expansion, and new product launches including EVOQUE tricuspid valve system. Management emphasized continued momentum in their core structural heart franchise with sustained double-digit growth in TAVR procedures.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$332.30
$9.7B Rev × 20x P/S
Base case (2030)
$202.63
$9.7B Rev × 12x P/S
Bear case (2030)
$137.79
$9.7B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$6.0B$5.4B$6.1B$6.9B$7.5B$8.2B$9.0B$9.7B
Revenue growth-9.4%11.5%13.4%9.8%9.2%8.7%8.3%
EPS$2.51$2.62$2.56$3.01$3.37$3.75$4.12$4.51
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$145.89$153.99$170.21$186.42$202.63

Catalysts & risks

Growth catalysts
+ EVOQUE tricaspid valve system expansion (FDA approved US/EU, TRISCEND II 2-year data showing sustained benefits and lower mortality)
+ TAVR market share gains and procedure volume growth (structural heart is largest revenue segment)
+ Pascal Ace mitral valve device adoption and international expansion
+ Critical Care segment recovery and innovation pipeline execution
+ EchoNavigator AI-powered imaging system partnership with Philips (FDA cleared) improving procedure outcomes
Key risks
- TAVR market saturation in developed markets; procedural growth dependent on aging population expansion
- Competitive pressure from Boston Scientific, Abbott, and Medtronic in structural heart devices
- Regulatory delays or unfavorable outcomes in clinical trials for new indications
- Reimbursement rate pressures from CMS and international payers
- Heavy R&D spending ($1.06B annually) diluting near-term profitability despite revenue growth

Methodology

Edwards Lifesciences Corp's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 21 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.