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OM Stock Chart & Stats
$4.04
$0.28(6.93%)
At close: 4:00 PM EDT
$4.04
$0.28(6.93%)
Day’s Range― - ―
52-Week Range$3.00 - $16.16
Previous Close$4.32
Volume70.14K
Average Volume (3M)259.55K
Market Cap
$92.57M
Enterprise Value$37.69
Total Cash (Recent Filing)$147.19M
Total Debt (Recent Filing)$104.45M
Price to Earnings (P/E)―
Beta1.89
Next Earnings
Nov 10, 2026EPS Estimate
-0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.09
Shares Outstanding18,797,165
10 Day Avg. Volume125,119
30 Day Avg. Volume259,552
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.44
Price to Sales (P/S)0.47
P/FCF Ratio-1.20
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$7.67Price Target Upside89.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)-2.91
Revenue Forecast (FY)$125.73M
Bulls Say, Bears Say
Bulls Say
Gross Margin ExpansionSustained gross margin improvement (42.2% and a stated path to 50%) indicates improving product economics and operating leverage. Better unit margins reduce the scale needed to reach profitability, support durable cash generation as installed base grows, and make future margin targets achievable.
HCA Multi-year Refresh ContractA committed multi‑year refresh with a top health system creates durable backlog for consoles and consumables, improving revenue visibility. This structural partnership underpins future placements, recurring consumable demand, and credibility for broader enterprise refresh cycles across large health systems.
Stronger Balance Sheet And Lower LeverageMaterial debt reduction and a sizable cash balance provide financial flexibility to fund execution, product launches, and refresh programs without immediate fundraising. Lower leverage reduces solvency risk, supporting multi‑quarter investments in commercialization and R&D while cash burn improves.
Bears Say
Persistent Negative Cash FlowContinued negative operating and free cash flow requires reliance on existing cash or future financing until scale and margins convert to positive cash generation. This structural cash burn elevates execution risk and can force strategic tradeoffs if revenue or margin improvements stall.
Consumables & Recurring Revenue SoftnessDeclines in consumables and recurring revenue threaten the razor/razorblade model that drives long‑term profitability. Durable annuity growth is essential for margin sustainability; sustained softness could signal utilization weakness, lower pull‑through, or competitive/seasonal pressures that impair lifetime customer economics.
Capital Sales Timing VariabilityUnpredictable console placement timing disrupts consumable pull‑through and distorts revenue recognition, making scaling and forecasting harder. Structural variability in capital cycles slows the conversion of installed units into recurring revenue, lengthening the path to steady margins and predictable cash flow.
Outset Medical News
OM FAQ
What was Outset Medical, Inc.’s price range in the past 12 months?
Outset Medical, Inc. lowest stock price was $3.00 and its highest was $16.16 in the past 12 months.
What is Outset Medical, Inc.’s market cap?
Outset Medical, Inc.’s market cap is $92.57M.
When is Outset Medical, Inc.’s upcoming earnings report date?
Outset Medical, Inc.’s upcoming earnings report date is Nov 10, 2026 which is in 90 days.
How were Outset Medical, Inc.’s earnings last quarter?
Outset Medical, Inc. released its earnings results on Aug 06, 2026. The company reported -$0.8 earnings per share for the quarter, missing the consensus estimate of -$0.717 by -$0.083.
Is Outset Medical, Inc. overvalued?
According to Wall Street analysts Outset Medical, Inc.’s price is currently Undervalued.
Does Outset Medical, Inc. pay dividends?
Outset Medical, Inc. does not currently pay dividends.
What is Outset Medical, Inc.’s EPS estimate?
Outset Medical, Inc.’s EPS estimate is -0.69.
How many shares outstanding does Outset Medical, Inc. have?
Outset Medical, Inc. has 18,797,165 shares outstanding.
What happened to Outset Medical, Inc.’s price movement after its last earnings report?
Outset Medical, Inc. reported an EPS of -$0.8 in its last earnings report, missing expectations of -$0.717. Following the earnings report the stock price went down -5.769%.
Which hedge fund is a major shareholder of Outset Medical, Inc.?
Currently, no hedge funds are holding shares in OM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Outset Medical Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.67 (89.77% Upside)
$7.67 (89.77% Upside)
Blogger Sentiment
Bullish
OM Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-77.05%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-16.07%
Trailing 12-Months
Company Description
Outset Medical, Inc.
Outset Medical, Inc. is a medical technology firm that specializes in developing hemodialysis systems. The company's primary product is the Tablo Hemodialysis System, a compact console designed to deliver dialysis treatment in various environments, including hospitals and patients' homes. This innovative system boasts integrated water purification, on-demand production of dialysate, and advanced software complete with connectivity features. Founded in 2003, the company initially operated under the name Home Dialysis Plus, Ltd. before rebranding to Outset Medical, Inc. in January 2015. Its corporate headquarters are located in San Jose, California.
OM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrays a predominantly positive commercial and operational trajectory: modest year-over-year revenue growth with strong sequential momentum, meaningful gross margin expansion, a significant $40M refresh agreement with HCA that establishes backlog, a strengthened balance sheet with controlled cash burn, notable implementation and customer success achievements, and an encouraging pilot for next-gen Tablo expected to drive future refresh cycles. Offsetting this optimism are near-term softness in consumables (down 12%), a small decline in product and recurring revenue, continued non-GAAP operating losses, and inherent capital-sales timing variability. On balance, the company communicated improving fundamentals and clear strategic catalysts that outweigh current headwinds.View all OM earnings summariesOM Revenue Breakdown
47.04% Consoles
32.37% Consumables
20.59% Service and other revenue
OM Stock 12 Month Forecast
Average Price Target
$7.67
▲(89.77% Upside)
Technical Analysis
Ownership Overview
19.00% Insiders
21.11% Mutual Funds
17.78% Other Institutional Investors
36.94% Public Companies and
Individual Investors