Shoulder Innovations Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Shoulder Innovations stock has a consensus rating of "Strong Buy" and an average price target of $21.25. The average 1-year stock price forecast is 14.56% higher than the current stock price, while the lowest is $19 (+2.43%) and the highest is $24 (+29.38%).

Price Target: $21.25 (+14.56%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$19	$21.25	$21	$24
Change	+2.43%	+14.56%	+13.21%	+29.38%

* Price targets were last updated on May 14, 2026.

Analyst Ratings

The average analyst rating for Shoulder Innovations stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	3	3	3	3
Buy	2	2	2	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Roman Goldman Sachs	Goldman Sachs	Buy Maintains $19 → $20	Buy	Maintains	$19 → $20	+7.82%	May 14, 2026
Matthew O'Brien Piper Sandler	Piper Sandler	Buy Maintains $19	Buy	Maintains	$19	+2.43%	May 14, 2026
Ryan Zimmerman BTIG	BTIG	Buy Reiterates $24	Buy	Reiterates	$24	+29.38%	May 14, 2026
Patrick Wood Morgan Stanley	Morgan Stanley	Buy Maintains $23	Buy	Maintains	$23	+23.99%	Mar 16, 2026

Financial Forecast

Revenue This Year

67.34M

from 47.32M

42.32%

from 47.32M

Revenue Next Year

86.20M

from 67.34M

28.01%

from 67.34M

EPS This Year

-1.70

from -3.05

EPS Next Year

-1.40

from -1.70

Fiscal Year	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	19.27M	31.62M	47.32M	67.34M
Revenue Growth	-	64.07%	49.63%	42.32%
Gross Profit	15.27M	24.34M	36.20M	52.01M
Gross Margin	79.23%	76.97%	76.51%	77.23%
Operating Income	-10.86M	-14.65M	-26.30M	-37.12M
Net Income	-12.66M	-15.62M	-40.36M	-35.48M
EPS	-	-	-3.05	-1.70
Free Cash Flow	-	-12.42M	-25.68M	-40.70M
No. Analysts	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	68.2M
Avg	67.3M
Low	66.5M

Revenue Growth

Revenue Growth	2026	2027	2028
High	44.1%
Avg	42.3%
Low	40.5%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-1.70
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-