AVR · NASDAQ · Medical - Devices

Anteris Technologies (AVR)

Develops the investigational DurAVR valve system built on ADAPT tissue.

$8.67
Pre-market+0.07 (+0.81%)
At close$8.60(+1.78%)
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Anteris Technologies Global Corp.AVRHealth Care

Develops the investigational DurAVR transcatheter aortic-valve system and related ADAPT tissue platform for severe aortic stenosis. Revenue remains tied to ADAPT tissue products while the main valve business depends on PARADIGM trial execution, manufacturing scale-up, and U.S. and European approvals.

Builds the DurAVR Transcatheter Heart Valve System for aortic stenosis, combining a single-piece ADAPT tissue valve with the ComASUR delivery system. The company also reports ADAPT tissue products and v2vmedtech development work, but its public identity is DurAVR-first.

Operates across Australia and the United States, with principal executive offices in Toowong and a U.S. key location in Eagan. The current issuer is a Delaware parent created through a reorganization of an Australian public-company predecessor and listed on Nasdaq.

Execution centers on the PARADIGM Trial, regulatory submissions for U.S. PMA and European CE Mark approval, and scaling DurAVR-related manufacturing into ISO-qualified clean-room facilities. Capital availability and regulatory clearance shape the path to commercialization because DurAVR remains investigational.

Company facts

CEOWayne Paterson
ListedDec 13, 2024
ExchangeNASDAQ
HeadquartersEagan, MN
CountryAustralia
Employees174
CIK0002011514
ISINUS03675P1021

Market cap$835.2M
EPS (ttm)−$2.76
P/E (ttm)−3.11
ROE-77.7%
P/B3.33
P/S372.53
Dividend yieldDiv yield
Beta1.46vs XLV 0.37

Price target$18.00+109.5%Avg of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingTarget
May 15, 2026BarclaysReiterateOverweight$18
Jan 23, 2026Lake StreetTarget$15

Next report
Nov 11, 2026
estimated · in 69 days
EPS estimate
−$0.31
Revenue estimate
$2.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '25Aug '25Nov '25Feb '26May '26Aug '26Aug '26Nov '26
Reported−$0.61−$0.58−$0.62−$0.75−$0.28−$0.30Pending
Estimate−$0.45−$0.50−$0.56−$0.50−$0.27−$0.21−$0.21−$0.31
Surprise−35.6%−16.0%−10.7%−49.0%−3.4%−44.7%

RevenueReportedEstimate

May '25Aug '25Nov '25Feb '26May '26Aug '26Aug '26Nov '26
Reported$556.0K$618.0K$429.0K$303.0K$494.0K$1.0M$1.0MPending
Estimate$584.3K$1.2M$307.5K$200.0K$766.7K$1.5M$1.5M$2.8M
Surprise−4.8%−49.7%+39.5%+51.5%−35.6%−32.7%−32.7%
Estimate−$0.31
ReportedDue Nov 11, 2026
Estimate$2.8M
ReportedDue Nov 11, 2026
View details

Debt to equity1.30%
Current ratio1,419.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$769.0K$536.1K$556.0K$618.0K$429.0K$310.0K$494.0K$1.0M
Net income−$21.9M−$19.4M−$21.9M−$20.8M−$22.2M−$29.2M−$23.0M−$29.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$21.9M−$21.1M−$21.8M−$20.9M−$22.3M−$29.0M−$24.0M−$31.0M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $257.4M · Total debt $3.3M · Total assets $272.5M · Shareholders' equity $251.4M

Revenue
$1.0M
Operating income
−$31.0M
Net income
−$29.1M
View details

No dividends on record.

Institutions131 holders · as of Mar 31, 2026 · largest filers plus last quarter's tail≈ 65.82%64.15M shares
Insiders8 holders · as of Aug 20, 20260.47%458.8K shares
Strategic holders1 holder · as of Jan 29, 202616.06%15.65M shares
Otherremainder≈ 17.65%17.20M shares

97.46M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Medtronic plcStrategic10 percent owner
16.06%15.65MForm 4filed Jan 29, 2026
L1 Capital Pty LtdInstitution
7.99%7.79M13Fas of Mar 31, 2026
Nantahala Capital Management, LLCInstitution
5.68%5.53M13Fas of Mar 31, 2026
Sio Capital Management, LLCInstitution
5.52%5.38M13Fas of Mar 31, 2026
BlackRock, Inc.Institution
5.02%4.89M13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 28, 2026L1 Capital Pty Ltd10 percent owner−7,800$8.83
Aug 11, 2026L1 Capital Pty Ltd10 percent owner−375,815$9.30
Aug 10, 2026L1 Capital Pty Ltd10 percent owner−251,844$9.10
Aug 6, 2026L1 Capital Pty Ltd10 percent owner−174,721$8.10
Aug 5, 2026L1 Capital Pty Ltd10 percent owner−14,581$8.23
View details

  • Edwards Lifesciences

    Largest direct TAVR and structural-valve benchmark.

  • Medtronic

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  • Abbott

    Navitor TAVI and broader structural-heart competitor.

ComparePre-market

CompanyPriceChange
Anteris Technologies$8.67+0.81%$835.2M372.5+63.3%
Edwards Lifesciences$90.90+0.10%$52.29B52.228.98.0+13.6%
Medtronic$92.40+0.22%$118.00B22.715.33.1+13.7%
Abbott$110.50+0.04%$191.19B35.519.04.1+13.0%
Median35.519.04.1+13.6%