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VCEL

Vericel Corporation Common Stock (VCEL) fair value

Healthcare · Biotechnology · NASDAQ · United States
$42.53-1.02%
Market cap $2.2BNext earnings 2026-11-05Updated Oct 18, 2026
Add earnings to calendarGoogle
Our verdict
Trades 239% above our fair value
Price
$42.53
Model fair valueConfidence: medium
$12.53
Only one of our models could value this stock with confidence, so use it as a guide.
Not used by alerts or posts.
Valued as a growth company: Discounted cash flow, P/E comparison, and EV/EBITDA comparison.
ACCE opinionVericel Corporation Common Stock (VCEL)
Fair value (4 models)
Not available
ACCE price target
$38.00
Rating
Not rated
Horizon
12 months
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Price used: $42.53 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, EV/EBITDA comparison, and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
63
out of 100
Analysts
88% buy
8 covering
P/E
90.5x
forward 50.3x
1-year return
+18.2%
Dividend yield
0.00%

Vericel Corporation Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Vericel makes cell and tissue therapies, chiefly MACI for cartilage repair in the knee and Epicel and NexoBrid for severe burns, and sells them to hospitals and specialty clinics. The structural appeal is the gross margin of 74.6% on a product that requires surgical procedures and manufacturing capacity few competitors can match quickly. Revenue is growing 22.5%, and the forward P/E of 57.1 against a trailing 87.3 suggests the market is pricing in earnings expansion as the cost base scales. The operating margin of 0.6% shows that scale has not yet reached the bottom line, so the thesis depends on operating leverage arriving. At a 59/100 score and a $2.1B market cap, the name is worth a deeper look mainly to test whether that margin gap closes on schedule.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
  • moderate
    Stretched valuation multiples
    P/E of 85.4 and EV/EBITDA of 49.6 leave little room for error, and the stock trades 11.9% above the ACCE price target of $38.00.
  • moderate
    Sharp sequential revenue drop
    Quarter-over-quarter revenue fell 26.4% even though year-over-year growth is 22.5%, which points to lumpiness worth checking before sizing a position.
  • moderate
    Thin operating margin
    Operating margin is only 0.6% against a 74.6% gross margin, so most of the gross profit is consumed by operating costs and little cushion remains.
  • moderate
    Score down nine points in 90 days
    The ACCE score fell from 67 to 58 over 90 days, with valuation scoring just 18 of 100 and quality at 62.

AI research notes

AI-assisted·How I use AIWritten Oct 19, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 22.5% year over year, well ahead of its 17.3% average annual pace over five years.
  • Seven of eight analysts rate the stock Buy or Strong Buy, and their mean price target sits 48.8% above the current share price.
  • Earnings per share beat expectations by 200.0% in the latest quarter, coming in at 0.04 against a forecast of -0.04.
Why it could disappoint
  • At 47.4x forward earnings, the stock is priced at roughly double the sector median of 24.3x.
  • Return on invested capital is only 3.0%, and free cash flow yield is 1.2%, which is thin for a stock at this price.
  • The stock trades 11.9% above the ACCE price target of $38.00, with the current price at $42.53.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 5, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where VCEL's valuation models land
Price
$42.53
Model fair valueConfidence: medium
$12.53
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish88% buy · 8 covering analysts
● Strong buy 7● Buy 0● Hold 1● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+6.0%
1 month
+9.6%
3 months
-5.6%
6 months
+19.3%
YTD
+18.1%
1 year
+18.2%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
11 Oct 2026, 00:00 CESTACCE price target$38.00first publication$40.10
9 Oct 2026, 00:00 CESTFair value$7.78$6.88$40.74
29 Sept 2026, 00:00 CESTFair value$6.88$6.81$39.71
26 Sept 2026, 00:00 CESTFair value$6.81$7.00$39.30
21 Sept 2026, 00:00 CESTFair value$7.00$7.83$40.02
18 Sept 2026, 00:00 CESTFair value$7.83$7.58$40.21
15 Sept 2026, 00:00 CESTFair value$7.58$7.68$38.34
13 Sept 2026, 00:00 CESTFair value$7.68$7.84$38.34
10 Sept 2026, 00:00 CESTFair value$7.84$7.92$39.08
5 Sept 2026, 00:00 CESTFair value$7.92$7.07$40.47

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth80Value18Quality62Momentum90Total63
Valuation
Trailing P/E
90.5x
Forward P/E
50.3x
PEG
4.79
P/B
5.37x
EV / Revenue
6.3x
Book value/sh
$7.23
Enterprise value
$1.9B
Profitability
ROE
7.2%
FCF yield
1.14%
ROIC
3.0%
Health and risk
Debt / equity
0.28
Dividend yield
0.00%
Beta
1.02

Price

+17.1% · 1Y

Ask anything about VCEL

Answered from Vericel Corporation Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 33% of peers
low 5.8x90.5xhigh 254.2x
ROEbetter than 20% of peers
low 5%7%high 20%
Div yieldbetter than 67% of peers
low 0.0%0.0%high 0.7%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
VCEL Vericel Corporation Common Stock$42.53--90.5x7.2%6263
ZEAL.CO Zealand Pharma A/Skr 226.00--5.8x16.3%9051
BIOA-B.ST BioArctic AB (publ)kr 300.00kr 25916% above254.2x5.2%6238
BAVA.CO Bavarian Nordic A/Skr 247.40kr 2574% below12.7x12.2%8686
CAMX.ST Camurus AB (publ)kr 666.00kr 325105% above58.8x15.9%9055
BIOCON.NS Biocon Limited₹323.50--97.7x-6752
KRYS Krystal Biotech Inc. Common Stock$311.50$153104% above40.1x20.1%9571

Sector report card

Where VCEL ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Sep 8, 2026
    Vericel to Present at the 24th Annual Morgan Stanley Global Healthcare Conference on Tuesday, September 15, 2026
  • GlobeNewswire•Aug 13, 2026
    MediWound Reports Second Quarter 2026 Financial Results and Provides Corporate Update
  • GlobeNewswire•Jul 30, 2026
    Vericel Reports Second Quarter 2026 Financial Results, Raises Full-Year Financial Guidance and Announces Share Repurchase Program
4 more press releases · full archive on Investor+.INVESTOR
40 filings
August 2026
Aug 14
Form 4Insider transactionPeriod 2026-08-12
View on SEC →
Aug 5
Form 4Insider transactionPeriod 2026-08-03
View on SEC →
July 2026
Jul 31
Form 4Insider transactionPeriod 2026-07-30
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR