Neuronetics, Inc. (STIM)

NASDAQ: STIM · Real-Time Price · USD
1.390
+0.100 (7.75%)
Dec 20, 2024, 4:00 PM EST - Market closed
7.75%
Market Cap 42.18M
Revenue (ttm) 72.71M
Net Income (ttm) -36.42M
Shares Out 30.35M
EPS (ttm) -1.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 95,929
Open 1.270
Previous Close 1.290
Day's Range 1.260 - 1.420
52-Week Range 0.520 - 5.070
Beta 2.25
Analysts Buy
Price Target 4.67 (+235.97%)
Earnings Date Nov 12, 2024

About STIM

Neuronetics, Inc., a commercial stage medical technology company, designs, develops, and markets products for patients with neurohealth disorders in the United States and internationally. The company offers NeuroStar Advanced Therapy System, a non-invasive and non-systemic office-based treatment to treat adult patients with major depressive disorder. Its NeuroStar Advanced Therapy System uses transcranial magnetic stimulation to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of... [Read more]

Sector Healthcare
IPO Date Jun 28, 2018
Employees 203
Stock Exchange NASDAQ
Ticker Symbol STIM
Full Company Profile

Financial Performance

In 2023, Neuronetics's revenue was $71.35 million, an increase of 9.42% compared to the previous year's $65.21 million. Losses were -$30.19 million, -18.76% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for STIM stock is "Buy." The 12-month stock price forecast is $4.67, which is an increase of 235.97% from the latest price.

Price Target
$4.67
(235.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

MALVERN, Pa., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company”) today announced the granting of inducement awards to a new employee as described below. In accordance w...

2 days ago - GlobeNewsWire

Neuronetics and Greenbrook TMS Announce Closing of Transaction

MALVERN, Pa. and TORONTO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (“Neuronetics”) and Greenbrook TMS Inc. (OTCMKTS: GBNHF) (“Greenbrook”, and together with Neuronetics, the ...

11 days ago - GlobeNewsWire

Neuronetics to Present at the Piper Sandler 36th Annual Healthcare Conference

MALVERN, Pa., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life...

4 weeks ago - GlobeNewsWire

Neuronetics, Inc. (STIM) Q3 2024 Earnings Call Transcript

Neuronetics, Inc. (NASDAQ:STIM) Q3 2024 Earnings Call November 12, 2024 8:30 AM ET Company Participants Mark Klausner - Investor Relations Keith Sullivan - President and Chief Executive Officer Steve...

5 weeks ago - Seeking Alpha

CORRECTION—Neuronetics Reports Record Third Quarter 2024 Financial and Operating Results

MALVERN, Pa., Nov. 12, 2024 (GLOBE NEWSWIRE) -- In a release issued earlier today under the same headline by Neuronetics, Inc. (NASDAQ: STIM), please note that in the second paragraph of the "Stockhol...

5 weeks ago - GlobeNewsWire

Neuronetics Reports Record Third Quarter 2024 Financial and Operating Results

MALVERN, Pa., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming ...

5 weeks ago - GlobeNewsWire

Neuronetics to Report Third Quarter 2024 Financial and Operating Results and Host Conference Call

MALVERN, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life...

7 weeks ago - GlobeNewsWire

NeuroStar® Oral Presentation at AACAP 2024 Highlights Largest Study Evaluating TMS Efficacy in Adolescents with Depression

Data selected for oral presentation reinforce previous findings on safety and efficacy Data selected for oral presentation reinforce previous findings on safety and efficacy

2 months ago - GlobeNewsWire

Neuronetics and Greenbrook TMS Announce Receipt of Interim Order in Respect of Proposed Arrangement and Provide Details of Shareholder Meetings

MALVERN, Pa. and TORONTO , Oct. 4, 2024 /PRNewswire/ - Neuronetics, Inc. (NASDAQ: STIM) ("Neuronetics") and Greenbrook TMS Inc. (OTCMKTS: GBNHF) ("Greenbrook") today announced that the Ontario Superio...

2 months ago - PRNewsWire

Health Care Service Corporation Adds First-Line TMS Coverage for Adolescents

Policy update increases access for millions covered by HCSC BlueCross BlueShield policies Policy update increases access for millions covered by HCSC BlueCross BlueShield policies

3 months ago - GlobeNewsWire

Expanded Health Policies Enhance TMS Therapy Access for Adolescents and Adults

BlueCross BlueShield of North Carolina and Louisiana Medicaid Increase Coverage for Patients with Depression BlueCross BlueShield of North Carolina and Louisiana Medicaid Increase Coverage for Patient...

3 months ago - GlobeNewsWire

NeuroStar® Releases Software Upgrades to Elevate Patient Care

Upgrades improve communication, streamline data management, and strengthen security Upgrades improve communication, streamline data management, and strengthen security

3 months ago - GlobeNewsWire

NeuroStar Honors Suicide Prevention Month With Milestone Achievement and Powerful Stories

NeuroStar Is More Than Halfway to Achieving Its Five-Year Goal of Saving Thousands of Lives NeuroStar Is More Than Halfway to Achieving Its Five-Year Goal of Saving Thousands of Lives

3 months ago - GlobeNewsWire

Neuronetics, Inc. (STIM) Q2 2024 Earnings Call Transcript

Neuronetics, Inc. (NASDAQ:STIM) Q2 2024 Earnings Conference Call August 12, 2024 8:30 AM ET Company Participants Keith Sullivan - President & CEO Steve Furlong - CFO Mark Klausner - IR Conference Cal...

4 months ago - Seeking Alpha

Noninvasive Treatment Provider Neuronetics Agrees To Merge With Canadian Firm Greenbrook TMS; Reports Q2 Earnings And Guidance Below Expectations

On Monday, Neuronetics Inc. STIM, a provider of noninvasive treatments for psychiatric disorders, agreed to acquire Greenbrook TMS Inc. GBNHF in an all-stock transaction.

4 months ago - Benzinga

Neuronetics and Greenbrook TMS Announce Definitive Agreement to Merge

MALVERN, Pa. and TORONTO, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (“Neuronetics”) and Greenbrook TMS Inc. (OTCMKTS: GBNHF) (“Greenbrook”) today announced that they have ente...

4 months ago - GlobeNewsWire

Neuronetics Reports Record Second Quarter 2024 Financial and Operating Results

MALVERN, Pa., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming ...

4 months ago - GlobeNewsWire

NeuroStar Partners With This Is My Brave to Recognize Teen Mental Health Month

New initiative aims to provide information and resources for teen mental health amidst rising public health concerns New initiative aims to provide information and resources for teen mental health ami...

5 months ago - GlobeNewsWire

Neuronetics Announces the Closing of up to $90 Million Senior Secured Credit Facility with Perceptive Advisors

MALVERN, Pa., July 30, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life...

5 months ago - GlobeNewsWire

Neuronetics to Report Second Quarter 2024 Financial and Operating Results and Host Conference Call

MALVERN, Pa., July 29, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life...

5 months ago - GlobeNewsWire

Aetna Policy Update Expands TMS Availability for Adolescents With Depression

Coverage criteria consistent with recent FDA clearance for NeuroStar TMS Coverage criteria consistent with recent FDA clearance for NeuroStar TMS

5 months ago - GlobeNewsWire

California Medicaid Adds TMS Access for 14.8 Million Adolescents and Adults

NeuroStar, the first and only TMS treatment cleared for adolescents, now covered by Medi-Cal NeuroStar, the first and only TMS treatment cleared for adolescents, now covered by Medi-Cal

5 months ago - GlobeNewsWire

BlueCross BlueShield MI and Cambia Health Solutions Expand TMS Access for Depressed Adolescents

Updated criteria post-FDA clearance for NeuroStar TMS benefit youth mental health Updated criteria post-FDA clearance for NeuroStar TMS benefit youth mental health

5 months ago - GlobeNewsWire

NeuroStar® Launches Better Me Provider Program Nationwide

The first and only TMS company to establish comprehensive standards for patient care and responsiveness in the mental health industry The first and only TMS company to establish comprehensive standard...

6 months ago - GlobeNewsWire

NeuroStar Showcases Cutting-Edge Research at Clinical TMS Society Annual Meeting

Early prediction of nonresponse abstract selected for oral presentation as a prestigious Top 4 Abstract at CTMSS 2024 Early prediction of nonresponse abstract selected for oral presentation as a prest...

6 months ago - GlobeNewsWire