H.C. Wainwright has reiterated a Buy rating and $13.00 price target on Kamada Ltd. (NASDAQ:KMDA) shares. The stock trades at $7.86, offering significant upside potential to the analyst’s target.
Kamada’s first-quarter 2026 update shows the company remains on track for double-digit top-line growth in 2026. Management reaffirmed full-year guidance despite a temporary $2.4 million shipment delay that impacted Q1 revenue but was resolved in April.
Management reiterated 2026 revenue guidance of $200 million to $205 million and adjusted EBITDA of $50 million to $53 million, supported by strong demand for core products like KEDRAB in the U.S. and KAMRAB and VARIZIG abroad.
First-quarter revenue of $42.5 million grew modestly year-over-year, with adjusted EBITDA flat at $11.6 million. The company maintains a strong financial position with a current ratio of 4.07 and more cash than debt.
