Myomo, Inc. (MYO)

NYSEAMERICAN: MYO · IEX Real-Time Price · USD
0.606
+0.006 (1.03%)
Mar 21, 2023, 4:00 PM EDT - Market closed
1.03%
Market Cap 12.68M
Revenue (ttm) 15.56M
Net Income (ttm) -10.72M
Shares Out 20.92M
EPS (ttm) -1.52
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 419,172
Open 0.600
Previous Close 0.600
Day's Range 0.589 - 0.624
52-Week Range 0.369 - 4.530
Beta 0.85
Analysts Buy
Price Target 5.13 (+746.26%)
Earnings Date Mar 13, 2023

About MYO

Myomo, Inc., a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States. The company offers MyoPro, a myoelectric-controlled upper limb brace or orthosis product used for supporting a patient's weak or paralyzed arm to enable and improve functional activities of daily living. Its products are designed to help improve function in adults and adolescents with neuromuscular conditions due to brachial plexus injury, stroke, traumatic brain injury, spinal cor... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jun 12, 2017
Employees 87
Stock Exchange NYSEAMERICAN
Ticker Symbol MYO
Full Company Profile

Financial Performance

In 2022, Myomo's revenue was $15.56 million, an increase of 12.26% compared to the previous year's $13.86 million. Losses were -$10.72 million, -2.64% less than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for MYO stock is "Buy." The 12-month stock price forecast is $5.13, which is an increase of 746.26% from the latest price.

Price Target
$5.13
(746.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Myomo Makes NYSE American Section 610(b) Public Announcement

BOSTON--(BUSINESS WIRE)--Myomo, Inc.

6 days ago - Business Wire

Myomo, Inc. (MYO) Reports Q4 Loss, Tops Revenue Estimates

Myomo, Inc. (MYO) delivered earnings and revenue surprises of 34.09% and 0.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Myomo Reports Fourth Quarter and Full Year 2022 Financial Results

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

1 week ago - Business Wire

Myomo to Report Fourth Quarter Financial Results on March 13, 2023

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

2 weeks ago - Business Wire

Myomo to Report Third Quarter Financial Results on March 13, 2023

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

2 weeks ago - Business Wire

Myomo To Participate in the 35th Annual Roth Conference

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

2 weeks ago - Business Wire

MyoPro Approved in Australia by National Disability Insurance Scheme

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

1 month ago - Business Wire

7 Top Short-Squeeze Candidates to Watch in February

While everyone knows that in order to have a market, there must be bulls and bears, that's not going to stop people from attempting to garner intense profits from top short-squeeze candidates. To quic...

1 month ago - InvestorPlace

Myomo Appoints Yitzchak Jacobovitz to its Board of Directors

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological di...

1 month ago - Business Wire

Myomo Announces Closing of $6.5 Million Upsized Public Offering

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological di...

2 months ago - Business Wire

Myomo Announces Pricing of $6.5 Million Upsized Public Offering

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological di...

2 months ago - Business Wire

Myomo Announces Initiative to Reduce Cash Burn

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological di...

2 months ago - Business Wire

Myomo Provides Update on Progress to Obtain Medicare Part B Reimbursement for MyoPro

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological di...

3 months ago - Business Wire

Ruling by German Social Court Supports MyoPro Reimbursement by Nation's Statutory Health Insurance System

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological di...

3 months ago - Business Wire

Myomo, Inc. (MYO) Reports Q3 Loss, Tops Revenue Estimates

Myomo, Inc. (MYO) delivered earnings and revenue surprises of 14.89% and 4.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Myomo Reports Third Quarter 2022 Financial Results Featuring Strong Authorizations and Orders and Record Backlog

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological di...

4 months ago - Business Wire

Myomo to Report Third Quarter Financial Results on November 10, 2022

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

4 months ago - Business Wire

Myomo To Present at the MicroCap Rodeo Presents The Windy City Roundup 2022

BOSTON, MA / ACCESSWIRE / October 5, 2022 / Myomo, Inc. (NYSE American:MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from...

5 months ago - Accesswire

Myomo to Present at the H.C. Wainwright 24th Annual Global Investment Conference

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

6 months ago - Business Wire

Myomo Receives Order from the Louis Stokes Cleveland VA Medical Center to Support MyoPro Clinical Trial

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

7 months ago - Business Wire

Myomo, Inc. (MYO) Reports Q2 Loss, Tops Revenue Estimates

Myomo, Inc. (MYO) delivered earnings and revenue surprises of 6.67% and 4.79%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Myomo Reports Second Quarter 2022 Financial Results and Record Number of Patient Pipeline Additions

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

8 months ago - Business Wire

Myomo to Report Second Quarter Financial Results on August 3, 2022

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

8 months ago - Business Wire

What Makes Myomo, Inc. (MYO) a New Strong Buy Stock

Myomo, Inc. (MYO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

8 months ago - Zacks Investment Research

Myomo Announces Second Quarter Preliminary Revenue and Record Pipeline Additions

BOSTON--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological diso...

9 months ago - Business Wire