Haemonetics announces second quarter fiscal 2027 results: Can HAE break above $128.72?

Haemonetics announces second quarter fiscal 2027 results: Can HAE break above $128.72?
Haemonetics stock rises 5.9% today

Haemonetics Corporation posted second quarter fiscal 2027 results on its investor website. The stock is up 5.9% on the day at $127.42.

Highlights

  • Haemonetics Corporation announced second quarter fiscal 2027 results for the period ended September 26, 2026, with trailing revenue of $1.35 billion.
  • Haemonetics stock is up 5.9% on the day at $127.42 and carries a market value near $4.69 billion.
  • 34 of 44 covering analysts rate Haemonetics stock a buy, and the most recent price target is $140.

Haemonetics Corporation announced that its second quarter fiscal 2027 financial results are now available on the company Investor Relations website. The figures cover the quarter ended September 26, 2026, PR Newswire reported. Haemonetics operates in the medical devices sector and reported trailing revenue of $1.35 billion.

Bullish bias holds as overbought RSI limits further upside

The session began with a gap up from $120.28 to $123.25, underscoring firm buying interest. Price remains above its MA-20, MA-50, and MA-200, with the broader daily structure staying bullish. The nearest resistance is the weekly high at $128.72. RSI at 74.5 is in overbought territory, a stretched reading that limits room for further upside.

Upside odds remain strong as traders watch $128.72 resistance

Traders should monitor whether shares can close above the weekly high at $128.72 to confirm buyers' conviction. The opening move jumped from $120.28 to $123.25, highlighting strong upward momentum. Even so, for the coming trading week, the probability of further upside is more than 80%, while the risk of a downside move is less than 20%, with an expected trading range between $122.79 and $132.04. A drop below $119.78 would indicate the move is being faded. On the weekly chart the longer-term picture stays firmly constructive.

Previously it was reported that Haemonetics maintained a broadly bullish technical structure supported by regulatory approval news. The current earnings-driven price surge further reinforces this constructive outlook, with traders advised to watch performance near $128.72 as a key resistance level for signs of further continuation.

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