Skip to Content

Tandem Diabetes Care Inc TNDM Stock Quote

| Rating as of


Last close prices updated as of Jun 09, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 24.74
  • Sector Healthcare
  • Industry Medical Devices
  • Investment Style Small Growth
  • Day Range 24.19  –  24.95
  • Year Range 23.60  –  70.81
  • Market Cap 1.5987 Bil
  • Volume / Avg 993,118.0 /  1.3 Mil
  • Price / Sales 2.00
  • Price / Book 4.72
  • Forward Div Yield
  • Trailing Div Yield

Morningstar‘s Stock Analysis TNDM

Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Tandem Diabetes: Initiating Coverage With No Moat and $34 Fair Value Estimate

Debbie S. Wang Senior Equity Analyst

Analyst Note

| Debbie Wang |

In initiating coverage on Tandem Diabetes, we peg its fair value estimate at $34 per share. Despite the solid commercial adoption of Tandem’s t:slim pump franchise, we think the firm has yet to dig an economic moat. The firm remains a distant third in the pump market where Medtronic has dominated through its ability to pioneer meaningful innovation and Insulet has been able to attract a greater proportion of new pump users through its disposable, tubeless format. Though Tandem has made a splash in the insulin pump market as the latest entrant, the firm is still endeavoring to establish itself as a major competitor and reach profitability. Also, on its rather lengthy path from the initial 2012 launch of its original t:slim pump to consistent positive earnings, Tandem still has a few years to go, from our perspective.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics TNDM

Company Profile TNDM

Business Description

Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. Nearly three quarters of total revenue is derived from the U.S., with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.

11075 Roselle Street
San Diego, CA, 92121
Industry Medical Devices
Employees 2,600

Related Articles TNDM

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TNDM’s competitive advantage.

Tandem Diabetes Care Inc


DexCom Inc


Insulet Corp

+$0.56 (2.32%) +$3.21 (2.65%) +$1.75 (0.62%)
Market Cap
1.60 Bil48.20 Bil19.73 Bil
Medical Devices Medical Devices Medical Devices

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Tandem Diabetes Care Inc Stock

No. TNDM does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TNDM’s market cap is 1.60 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TNDM’s stock style is Small Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TNDM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TNDM’s historical performance against its industry peers and the overall market.