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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy

Outset Medical Stock Price, News & Analysis (NASDAQ:OM)

$5.69
+0.45 (+8.59%)
(As of 12/1/2023 ET)
Compare
Today's Range
$5.19
$5.70
50-Day Range
$3.07
$11.01
52-Week Range
$2.90
$30.55
Volume
807,822 shs
Average Volume
1.41 million shs
Market Capitalization
$285.69 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.75

Outset Medical MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
36.2% Upside
$7.75 Price Target
Short Interest
Healthy
15.91% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.18mentions of Outset Medical in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($3.45) to ($2.25) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Medical Sector

707th out of 955 stocks

Electromedical Equipment Industry

17th out of 23 stocks


OM stock logo

About Outset Medical Stock (NASDAQ:OM)

Outset 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.

OM Stock Price History

OM Stock News Headlines

Outset Medical to Present at BofA Home Care Conference
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Recap: Outset Medical Q3 Earnings
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
TD Cowen Reaffirms Their Buy Rating on Outset Medical (OM)
A Preview Of Outset Medical's Earnings
Why Outset Medical Shares Are Plummeting Today
Outset Medical expects higher 2023 revenue year on year
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
12/02/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/12/2024

Industry, Sector and Symbol

Industry
Electromedical equipment
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
518
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.75
High Stock Price Target
$17.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+36.2%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-162,960,000.00
Net Margins
-133.19%
Pretax Margin
-132.83%

Debt

Sales & Book Value

Annual Sales
$115.38 million
Book Value
$3.03 per share

Miscellaneous

Free Float
48,347,000
Market Cap
$285.69 million
Optionable
Not Optionable
Beta
2.07
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OM Stock Analysis - Frequently Asked Questions

Should I buy or sell Outset Medical stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Outset Medical in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" OM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OM, but not buy additional shares or sell existing shares.
View OM analyst ratings
or view top-rated stocks.

What is Outset Medical's stock price target for 2024?

5 brokerages have issued 12 month price objectives for Outset Medical's shares. Their OM share price targets range from $3.00 to $17.00. On average, they expect the company's stock price to reach $7.75 in the next twelve months. This suggests a possible upside of 36.2% 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 at the beginning of 2023. Since then, OM stock has decreased by 78.0% and is now trading at $5.69.
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 Monday, February 12th 2024.
View our OM earnings forecast
.

How were Outset Medical's earnings last quarter?

Outset Medical, Inc. (NASDAQ:OM) posted its quarterly earnings data on Tuesday, November, 7th. The company reported ($0.93) EPS for the quarter, missing the consensus estimate of ($0.79) by $0.14. The firm had revenue of $30.36 million for the quarter, compared to analysts' expectations of $30.38 million. Outset Medical had a negative trailing twelve-month return on equity of 88.10% and a negative net margin of 133.19%.

What guidance has Outset Medical issued on next quarter's earnings?

Outset Medical updated its third quarter 2023 earnings guidance on Thursday, October, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $30.40 million-$30.40 million, compared to the consensus revenue estimate of $36.03 million.

When did Outset Medical IPO?

(OM) raised $175 million in an 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 acted as the underwriters for the IPO and SVB Leerink and Stifel were co-managers.

Who are Outset Medical's major shareholders?

Outset Medical's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (14.87%), JPMorgan Chase & Co. (10.17%), Braidwell LP (4.78%), Ameriprise Financial Inc. (3.49%), Morgan Stanley (3.19%) and Eagle Health Investments LP (3.00%). Insiders that own company stock include D Keith Grossman, James F Hinrichs, James F Hinrichs, Jean-Olivier Racine, John L Brottem, John L Brottem, Leslie Trigg, Martin Vazquez, Nabeel Ahmed, Pincus X LP Warburg, Rebecca Chambers, Stacey L Porter, Steven S Williamson and Warburg Pincus Llc.
View institutional ownership trends
.

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.

This page (NASDAQ:OM) was last updated on 12/3/2023 by MarketBeat.com Staff

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