Neuronetics, Inc. (STIM)
Market Cap | 37.82M |
Revenue (ttm) | 67.85M |
Net Income (ttm) | -31.32M |
Shares Out | 28.87M |
EPS (ttm) | -1.13 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 55,864 |
Open | 1.31 |
Previous Close | 1.33 |
Day's Range | 1.25 - 1.34 |
52-Week Range | 1.25 - 6.95 |
Beta | 1.83 |
Analysts | Strong Buy |
Price Target | 9.50 (+625.19%) |
Earnings Date | Nov 7, 2023 |
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]
Financial Performance
In 2022, Neuronetics's revenue was $65.21 million, an increase of 17.89% compared to the previous year's $55.31 million. Losses were -$37.16 million, 19.1% more than in 2021.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for STIM stock is "Strong Buy." The 12-month stock price forecast is $9.5, which is an increase of 625.19% from the latest price.
News

In Recognition of Suicide Prevention Month, NeuroStar Voices Portal Amplifies Stories of Real People Beating Depression
Portal provides resources to raise awareness around mental health and suicide prevention Portal provides resources to raise awareness around mental health and suicide prevention

NeuroStar Advanced Therapy Wins 2023 dotCOMM Awards
MALVERN, Pa., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life...

Neuronetics Revolutionizes Patient Communication and Provider Support Through Its Exclusive TrakStar® Platform
New automated features elevate the standard of care for NeuroStar® Advanced Therapy practices New automated features elevate the standard of care for NeuroStar® Advanced Therapy practices

Neuronetics Reports Record Second Quarter 2023 Financial and Operating Results
MALVERN, Pa., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming ...

Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
MALVERN, Pa., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve th...

Neuronetics to Report Second Quarter 2023 Financial and Operating Results and Host Conference Call
MALVERN, Pa., July 25, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve th...

Neuronetics Announces Expanded TMS Therapy Access Through Aetna® Health Plans
Policy Updates Impact Nationwide Commercial Plans for 16.8 Million Covered Lives Policy Updates Impact Nationwide Commercial Plans for 16.8 Million Covered Lives

NeuroStar Advanced Therapy Wins 2023 Bulldog PR Award For Partnership With Drew Robinson, Mental Health Advocate and Former MLB Player
Award Recognizes Efforts to Raise Awareness Around Non-Drug Depression Treatment Award Recognizes Efforts to Raise Awareness Around Non-Drug Depression Treatment

Neuronetics Receives 510(k) Clearance for OCD MT Cap for NeuroStar Advanced Therapy
The Company expands technology for patients with obsessive-compulsive disorder The Company expands technology for patients with obsessive-compulsive disorder

Neuronetics Announces Increased TMS Access Through BlueCross BlueShield Of Michigan
Lower Medication Requirement Helps Depression Patients Obtain Treatment Sooner Lower Medication Requirement Helps Depression Patients Obtain Treatment Sooner

Neuronetics to Present at the William Blair 43rd Annual Growth Stock Conference
MALVERN, Pa., May 24, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “company” or “Neuronetics”), a commercial stage medical technology company with a strategic vision of transforming ...

New Depression Barometer Survey Shows Patients Are Stopping Treatment Due to Dissatisfaction
Lowest satisfaction among medication users, highest for users of non-drug solution TMS Therapy Lowest satisfaction among medication users, highest for users of non-drug solution TMS Therapy

Neuronetics Wins 2023 Bell Seal for Workplace Mental Health
The Company is recognized for its commitment to employees' well-being The Company is recognized for its commitment to employees' well-being

Neuronetics to Present at the JMP Securities Life Sciences Conference
MALVERN, Pa., May 09, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “company” or Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming th...

Neuronetics Reports Record First Quarter 2023 Financial and Operating Results
MALVERN, Pa., May 09, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “company” or Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming th...

Neuronetics Receives MDSAP Certification and CE Mark Certification under New MDR
Achievement demonstrates Company's commitment to rigorous standards for safe and effective products Achievement demonstrates Company's commitment to rigorous standards for safe and effective products

Neuronetics Showcases New NeuroStar® TMS Findings at Clinical TMS Society Annual Meeting
Data highlights the Company's commitment to advancing TMS and improving patient outcomes Data highlights the Company's commitment to advancing TMS and improving patient outcomes

NeuroStar® Expands “Tap Into Possibility” Campaign in Honor of Mental Health Awareness Month
Campaign features patients' experiences to support others with depression Campaign features patients' experiences to support others with depression

Neuronetics Announces Lisa Metzner-Rosas as SVP, Chief Marketing Officer
Strategic role strengthens NeuroStar® Advanced Therapy commercialization team Strategic role strengthens NeuroStar® Advanced Therapy commercialization team

Neuronetics Announces Expanded TMS Access through United HealthCare
MALVERN, Pa., April 28, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve t...

Neuronetics to Report First Quarter 2023 Financial and Operating Results and Host Conference Call
MALVERN, Pa., April 25, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve t...

Neuronetics Announces Continued Momentum for Expanded Health Insurance Coverage for TMS Therapy
BlueCross BlueShield of Mississippi Latest to Allow Non-Physician Practitioners to Prescribe TMS BlueCross BlueShield of Mississippi Latest to Allow Non-Physician Practitioners to Prescribe TMS

NeuroStar® Advanced Therapy Enhanced With Wi-Fi Capabilities
Fifth FDA clearance in less than two years offers greater connectivity and flexibility to improve the patient and provider experience Fifth FDA clearance in less than two years offers greater connecti...

Neuronetics Secures Up To $60 Million in New Debt Financing with SLR Capital Partners, Provides Greenbrook TMS with $6.0 Million Promissory Note
MALVERN, Pa., April 04, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company with a strategic vision of transforming the lives of patients whenever ...

NeuroStar® Advanced Therapy Receives Patient Impact Award from Life Sciences PA
Award recognizes NeuroStar for its significant contributions toward patient wellbeing Award recognizes NeuroStar for its significant contributions toward patient wellbeing