Integer Holdings Corp (NYSE:ITGR) reported better-than-expected first-quarter financial results on Thursday.

Integer Holdings reported quarterly earnings of $1.20 per share which beat the analyst consensus estimate of $1.19 per share. The company reported quarterly sales of $439.580 million which beat the analyst consensus estimate of $426.477 million.

Integer Holdings cut its FY2026 adjusted EPS guidance from $6.29-$6.78 to $5.83-$6.40 vs and lowered FY2026 sales guidance from $1.826B-$1.876B to $1.805B-$1.835B.

“First quarter financial performance was in line with our outlook and primarily reflected the previously communicated headwinds associated with the three new products,” said Payman Khales, Integer’s President and CEO. “Given recent customer forecast updates and market dynamics, we believe it was prudent to further risk adjust our outlook. We remain focused on executing our strategy, navigating the temporary headwinds, and building momentum during the second half of 2026. We expect to return to 200 basis points above-market organic sales growth in 2027.”

Integer shares fell 5.6% to trade at $83.60 on Friday.

These analysts made changes to their price targets on Integer following earnings announcement.

  • Piper Sandler analyst Matt O’Brien reiterated Integer Holdings with an Overweight rating and raised the price target from $87 to $97.
  • Citigroup analyst Joanne Wuensch maintained the stock with a Neutral and lowered the price target from $92 to $89.

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