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To own Baxter today, you need to believe it can stabilize its core hospital products, rebuild profitability and manage its balance sheet, despite recent operational and legal headwinds. The Novum LVP class action raises the stakes around product quality and disclosure, and could intensify scrutiny on what was already a key short term risk: execution on infusion pump reliability and any associated revenue or margin impact.
The most directly relevant recent update is Baxter’s late November 2025 credit agreement amendment, which temporarily loosens leverage covenants while the company tenders up to US$600,000,000 of near term notes. Against new legal uncertainty around Novum LVP, these financing steps put an additional spotlight on liquidity, debt service capacity and the company’s ability to absorb potential litigation or remediation costs without further pressuring its capital structure.
But beneath the legal headlines, investors also need to be aware that...
Read the full narrative on Baxter International (it's free!)
Baxter International's narrative projects $12.1 billion revenue and $913.6 million earnings by 2028.
Uncover how Baxter International's forecasts yield a $23.80 fair value, a 25% upside to its current price.
Seven members of the Simply Wall St Community currently peg Baxter’s fair value anywhere between about US$14.80 and US$20,500.83, underlining how far opinions can spread. Set against this, allegations around systemic Novum LVP defects and legal risk could be a central factor many will want to reassess when comparing these different views on the company’s future performance.
Explore 7 other fair value estimates on Baxter International - why the stock might be worth 22% less than the current price!
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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