Neuronetics, Inc. (STIM)

NASDAQ: STIM · IEX Real-Time Price · USD
3.750
-0.110 (-2.85%)
At close: Apr 24, 2024, 4:00 PM
3.510
-0.240 (-6.40%)
After-hours: Apr 24, 2024, 7:30 PM EDT
-2.85%
Market Cap 111.59M
Revenue (ttm) 71.35M
Net Income (ttm) -30.19M
Shares Out 29.76M
EPS (ttm) -1.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 21,017
Open 3.820
Previous Close 3.860
Day's Range 3.690 - 3.900
52-Week Range 1.030 - 5.070
Beta 2.44
Analysts Buy
Price Target 10.00 (+166.67%)
Earnings Date May 7, 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 2 analysts, the average rating for STIM stock is "Buy." The 12-month stock price forecast is $10.0, which is an increase of 166.67% from the latest price.

Price Target
$10.0
(166.67% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

MALVERN, Pa., April 23, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of lif...

1 day ago - GlobeNewsWire

New Publication in Brain Stimulation Confirms Full TMS Treatment Course Is Vital

Lack of early symptom improvement is not predictive of final responder status Lack of early symptom improvement is not predictive of final responder status

14 days ago - GlobeNewsWire

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

MALVERN, Pa., March 27, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve t...

4 weeks ago - GlobeNewsWire

NeuroStar® Advanced Therapy Receives FDA Clearance as a First-Line Add-On Treatment for Adolescents with Depression

NeuroStar is the first and only TMS therapy cleared as an adjunct treatment for patients ages 15 and older NeuroStar is the first and only TMS therapy cleared as an adjunct treatment for patients ages...

4 weeks ago - GlobeNewsWire

Neuronetics Announces 5-Year Exclusive Partnership with Transformations Care Network

MALVERN, Pa., March 07, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of lif...

6 weeks ago - GlobeNewsWire

Neuronetics Reports Record Fourth Quarter and Record Full Year 2023 Financial and Operating Results

MALVERN, Pa., March 05, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming...

7 weeks ago - GlobeNewsWire

Neuronetics to Report Fourth Quarter 2023 Financial and Operating Results and Host Conference Call

MALVERN, Pa., Feb. 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...

2 months ago - GlobeNewsWire

Neuronetics Launches Latest Evolution in its TrakStar® Patient Data Management System

Advancements provide workflow efficiencies for NeuroStar® TMS providers Advancements provide workflow efficiencies for NeuroStar® TMS providers

2 months ago - GlobeNewsWire

NeuroStar TMS Patient Access Expands Through Lucet Health Policy Update

MALVERN, Pa., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life...

2 months ago - GlobeNewsWire

Neuronetics Reports Preliminary Fourth Quarter and Fiscal Year 2023 Financial Results

MALVERN, Pa., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming ...

3 months ago - GlobeNewsWire

Neuronetics Receives 510(k) Clearance for NeuroSite™ Coil Placement Accessory

New accessory for NeuroStar TMS reduces patient setup steps and improves efficiency for providers New accessory for NeuroStar TMS reduces patient setup steps and improves efficiency for providers

4 months ago - GlobeNewsWire

NeuroStar TMS Receives Expanded Regulatory Approval in Japan

Technological advances reduce time and increase efficiency for MDD treatment Technological advances reduce time and increase efficiency for MDD treatment

5 months ago - GlobeNewsWire

Neuronetics to Present at the 35th Annual Piper Sandler Healthcare Conference

MALVERN, Pa., Nov. 15, 2023 (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

NeuroStar Elevates Depression Treatment with Cutting-Edge Technology Advancements

New updates designed to advance practice efficiency and patient outcomes New updates designed to advance practice efficiency and patient outcomes

5 months ago - GlobeNewsWire

Neuronetics Announces Continued Momentum from Health Plans for TMS Therapy Coverage

Policy Updates from Magellan and Two Additional Payors Increase Access for 3.2 Million Covered Lives Policy Updates from Magellan and Two Additional Payors Increase Access for 3.2 Million Covered Live...

5 months ago - GlobeNewsWire

Neuronetics Reports Third Quarter 2023 Financial and Operating Results

MALVERN, Pa., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming ...

6 months ago - GlobeNewsWire

Neuronetics to Report Third Quarter 2023 Financial and Operating Results and Host Conference Call

MALVERN, Pa., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve th...

6 months ago - GlobeNewsWire

Brain Stimulation Highlights Best Practices for Optimal TMS Treatment Outcomes

Findings confirm strong correlation between the number of TMS treatment sessions completed and improvement in MDD Findings confirm strong correlation between the number of TMS treatment sessions compl...

6 months ago - GlobeNewsWire

Neuronetics Draws Down Remaining $22.5 Million Available Under Credit Facility

MALVERN, Pa., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company with a strategic vision of transforming the lives of patients whenever a...

7 months ago - GlobeNewsWire

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

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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

10 months ago - GlobeNewsWire