Omnicell (OMCL) Stock Forecast & Price Target

Omnicell Inc has experienced a notable 44% stock increase over the past three months, largely attributed to a $40 million increase in FY25 product revenue guidance. The company's 4Q25 revenue reached $314.0 million, demonstrating a 2.3% year-over-year growth that surpassed the guidance midpoint. Looking ahead, Omnicell projects a revenue of $1,235 million for CY26, indicating a 4.2% year-over-year growth, supported by ongoing product line expansions and an anticipated improvement in margins as new products gain traction.

Omnicell Inc. experienced a notable decline in product gross margin, decreasing by 380 basis points quarter-over-quarter largely due to a less favorable product mix within its Connected Devices segment. The company reported mixed financial results for 4Q25, with adjusted EBITDA of $36.8 million and adjusted EPS of $0.40 falling short of guidance expectations, which has contributed to a negative outlook for CY26. Furthermore, the midpoint of the company's CY26 guidance suggests stagnant bookings at $535.0 million, raising concerns about future growth potential as backlog depletion continues without a recovery in revenue from Connected Devices.