NASDAQ:OM Outset Medical (OM) Stock Forecast, Price & News $10.16 -0.72 (-6.62%) (As of 01:52 PM ET) Add Compare Share Share Today's Range$10.16▼$10.7750-Day Range$10.52▼$20.5852-Week Range$10.16▼$30.55Volume342,789 shsAverage Volume516,556 shsMarket Capitalization$505.87 millionP/E RatioN/ADividend YieldN/APrice Target$24.20 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Outset Medical MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside134.3% Upside$24.20 Price TargetShort InterestBearish15.32% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$475,200 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($3.42) to ($3.33) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.79 out of 5 starsMedical Sector807th out of 969 stocksElectromedical Equipment Industry19th out of 20 stocks 3.3 Analyst's Opinion Consensus RatingOutset Medical has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.20, Outset Medical has a forecasted upside of 134.3% from its current price of $10.33.Amount of Analyst CoverageOutset Medical has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted15.32% of the outstanding shares of Outset Medical have been sold short.Short Interest Ratio / Days to CoverOutset Medical has a short interest ratio ("days to cover") of 14.6, which indicates bearish sentiment.Change versus previous monthShort interest in Outset Medical has recently decreased by 0.26%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldOutset Medical does not currently pay a dividend.Dividend GrowthOutset Medical does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OM. Previous Next 3.2 News and Social Media Coverage News SentimentOutset Medical has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Outset Medical this week, compared to 2 articles on an average week.Search Interest1 people have searched for OM on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Outset Medical to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Outset Medical insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $475,200.00 in company stock.Percentage Held by InsidersOnly 4.00% of the stock of Outset Medical is held by insiders. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Outset Medical are expected to grow in the coming year, from ($3.42) to ($3.33) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Outset Medical is -2.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Outset Medical is -2.94, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOutset Medical has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Outset Medical (NASDAQ:OM) StockOutset Medical, Inc., a medical technology company, develops a hemodialysis system for dialysis. It provides the Tablo Hemodialysis System, which comprises a compact console with integrated water purification, on-demand dialysate production, and software and connectivity capabilities for dialysis care in acute and home settings. The company was formerly known as Home Dialysis Plus, Ltd. and changed its name to Outset Medical, Inc. in January 2015. Outset Medical, Inc. was incorporated in 2003 and is headquartered in San Jose, California.Read More OM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OM Stock News HeadlinesAugust 29, 2023 | businesswire.comOutset Medical to Present at the Morgan Stanley 21 st Annual Global Healthcare ConferenceAugust 29, 2023 | finance.yahoo.comOutset Medical to Present at the Morgan Stanley 21st Annual Global Healthcare ConferenceOctober 2, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.August 24, 2023 | markets.businessinsider.comWhat 4 Analyst Ratings Have To Say About Outset MedicalAugust 18, 2023 | benzinga.comROSEN, RESPECTED INVESTOR COUNSEL, Encourages Outset Medical, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – OMAugust 17, 2023 | benzinga.comROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Encourages Outset Medical, Inc. Investors to Inquire About Securities Class Action Investigation - OMAugust 17, 2023 | msn.comCL King Initiates Coverage of Outset Medical (OM) with Neutral RecommendationAugust 17, 2023 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on Outset Medical (OM)October 2, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.August 10, 2023 | seekingalpha.comOutset Medical, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 3, 2023 | markets.businessinsider.comOutset Medical Stock Tumbles After Shipment Pause Of TabloCart - Here's WhyAugust 3, 2023 | finance.yahoo.comOutset Medical Reports Second Quarter 2023 Financial ResultsAugust 3, 2023 | finance.yahoo.comOutset Medical, Inc. (OM) Reports Q2 Loss, Tops Revenue EstimatesJuly 28, 2023 | stockhouse.comROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Outset Medical, Inc. Investors to Inquire About Securities Class Action Investigation - OMJuly 28, 2023 | benzinga.comROSEN, TRUSTED INVESTOR COUNSEL, Encourages Outset Medical, Inc. Investors to Inquire About Securities Class Action Investigation – OMJuly 28, 2023 | benzinga.comROSEN, A RESPECTED AND LEADING FIRM, Encourages Outset Medical, Inc. Investors to Inquire About Securities Class Action Investigation - OMJuly 24, 2023 | benzinga.comOutset Medical, Inc.: Company Investigated by the Portnoy Law FirmJuly 21, 2023 | seekingalpha.comOutset Medical: Expansive TAM, Yet Profitability Remains DistantJuly 20, 2023 | technews.tmcnet.comROSEN, LEADING TRIAL ATTORNEYS, Encourages Outset Medical, Inc. Investors to Inquire About Securities Class Action Investigation - OMJuly 19, 2023 | businesswire.comROSEN, LEADING TRIAL ATTORNEYS, Encourages Outset Medical, Inc. Investors to Inquire About Securities Class Action Investigation – OMJuly 19, 2023 | fool.comOutset Medical (NASDAQ: OM)July 15, 2023 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on Outset Medical (OM)July 13, 2023 | finance.yahoo.comOutset Medical to Report Second Quarter 2023 Financial Results on Wednesday, August 2, 2023July 10, 2023 | msn.comOutset Medical Tanks after FDA Flags Two New Observations Over Tablo SystemJuly 10, 2023 | msn.comOutset Medical falls after FDA warning letterJuly 10, 2023 | finance.yahoo.comShareholders in These 2 Stocks Got Nasty Surprises MondayJuly 10, 2023 | finance.yahoo.comWhy Shares of Outset Medical Are Down MondaySee More Headlines Receive OM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Outset Medical and its competitors with MarketBeat's FREE daily newsletter. Email Address OM Company Calendar Last Earnings8/02/2023Today10/02/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electromedical equipment Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:OM CUSIPN/A CIK1484612 Weboutsetmedical.com Phone669-231-8200FaxN/AEmployees518Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.20 High Stock Price Forecast$29.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+122.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($3.51) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-162,960,000.00 Net Margins-131.69% Pretax Margin-131.37% Return on Equity-73.66% Return on Assets-46.55% Debt Debt-to-Equity Ratio0.53 Current Ratio6.34 Quick Ratio5.43 Sales & Book Value Annual Sales$115.38 million Price / Sales4.70 Cash FlowN/A Price / Cash FlowN/A Book Value$5.09 per share Price / Book2.14Miscellaneous Outstanding Shares49,790,000Free Float47,798,000Market Cap$541.72 million OptionableNot Optionable Beta1.58 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMs. Leslie L. Trigg (Age 52)Pres, CEO & Chairman Comp: $1.22MMr. Nabeel Ahmed (Age 47)CFO, Principal Financial Officer & Principal Accounting Officer Comp: $654.74kMr. John L. Brottem (Age 49)Gen. Counsel & Sec. Comp: $594.15kMr. Steven S. Williamson (Age 50)Chief Commercial Officer Comp: $788.51kMarc NashSr. VP of Operations and R&DMr. Jean-Olivier Racine (Age 41)Chief Technology Officer Mr. James S. MazzolaHead of Investor RelationsNicole ShannonDirector of Marketing CommunicationsMs. Stacey L. Porter (Age 47)Chief People Officer Dr. Michael Aragon M.D.Chief Medical OfficerMore ExecutivesKey CompetitorsBioLife SolutionsNASDAQ:BLFSZynexNASDAQ:ZYXISoleno TherapeuticsNASDAQ:SLNOEdap TmsNASDAQ:EDAPAxoGenNASDAQ:AXGNView All CompetitorsInsiders & InstitutionsBarclays PLCSold 6,683 shares on 9/21/2023Ownership: 0.036%Nabeel AhmedSold 545 sharesTotal: $7,417.45 ($13.61/share)Perceptive Advisors LLCSold 187,067 shares on 8/24/2023Ownership: 1.812%Comerica BankBought 11,030 shares on 8/22/2023Ownership: 0.022%California State Teachers Retirement SystemBought 1,330 shares on 8/21/2023Ownership: 0.111%View All Insider TransactionsView All Institutional Transactions OM Stock - Frequently Asked Questions Should I buy or sell Outset Medical stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Outset Medical in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OM shares. View OM analyst ratings or view top-rated stocks. What is Outset Medical's stock price forecast for 2023? 4 brokerages have issued twelve-month target prices for Outset Medical's shares. Their OM share price forecasts range from $19.00 to $29.00. On average, they anticipate the company's share price to reach $24.20 in the next year. This suggests a possible upside of 122.4% from the stock's current price. View analysts price targets for OM or view top-rated stocks among Wall Street analysts. How have OM shares performed in 2023? Outset Medical's stock was trading at $25.82 on January 1st, 2023. Since then, OM shares have decreased by 57.9% and is now trading at $10.88. View the best growth stocks for 2023 here. When is Outset Medical's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our OM earnings forecast. How were Outset Medical's earnings last quarter? Outset Medical, Inc. (NASDAQ:OM) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported ($0.90) EPS for the quarter, missing analysts' consensus estimates of ($0.85) by $0.05. The business had revenue of $36.04 million for the quarter, compared to analysts' expectations of $35.18 million. Outset Medical had a negative trailing twelve-month return on equity of 73.66% and a negative net margin of 131.69%. What ETFs hold Outset Medical's stock? ETFs with the largest weight of Outset Medical (NASDAQ:OM) stock in their portfolio include Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA), BNY Mellon Innovators ETF (BKIV), SPDR S&P Health Care Equipment ETF (XHE) and First Trust Nasdaq Lux Digital Health Solutions ETF (EKG).iShares U.S. Medical Devices ETF (IHI). What guidance has Outset Medical issued on next quarter's earnings? Outset Medical issued an update on its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $144.00 million-$150.00 million, compared to the consensus revenue estimate of $147.35 million. When did Outset Medical IPO? (OM) raised $175 million in an initial public offering (IPO) on Tuesday, September 15th 2020. The company issued 7,600,000 shares at a price of $22.00-$24.00 per share. BofA Securities, Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and SVB Leerink and Stifel were co-managers. What is Outset Medical's stock symbol? Outset Medical trades on the NASDAQ under the ticker symbol "OM." How do I buy shares of Outset Medical? Shares of OM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Outset Medical's stock price today? One share of OM stock can currently be purchased for approximately $10.88. How much money does Outset Medical make? Outset Medical (NASDAQ:OM) has a market capitalization of $541.72 million and generates $115.38 million in revenue each year. The company earns $-162,960,000.00 in net income (profit) each year or ($3.51) on an earnings per share basis. How many employees does Outset Medical have? The company employs 518 workers across the globe. How can I contact Outset Medical? Outset Medical's mailing address is 3052 ORCHARD DRIVE, SAN JOSE CA, 95134. The official website for the company is outsetmedical.com. The company can be reached via phone at 669-231-8200 or via email at investors@outsetmedical.com. 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