SI-BONE (SIBN) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SI-BONE in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SIBN shares.
View SIBN analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 1-year price objectives for SI-BONE's stock. Their SIBN share price forecasts range from $20.00 to $33.00. On average, they anticipate the company's share price to reach $28.00 in the next year. This suggests a possible upside of 32.4% from the stock's current price.
View analysts price targets for SIBN or view top-rated stocks among Wall Street analysts.

SI-BONE's stock was trading at $13.60 at the beginning of 2023. Since then, SIBN stock has increased by 55.5% and is now trading at $21.15.
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SI-BONE saw a drop in short interest in August. As of August 31st, there was short interest totaling 742,500 shares, a drop of 22.3% from the August 15th total of 955,900 shares. Based on an average daily trading volume, of 375,000 shares, the short-interest ratio is presently 2.0 days.
View SI-BONE's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our SIBN earnings forecast.

SI-BONE, Inc. (NASDAQ:SIBN) announced its quarterly earnings results on Monday, August, 7th. The company reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.41) by $0.11. The company had revenue of $33.31 million for the quarter, compared to the consensus estimate of $32.24 million. SI-BONE had a negative net margin of 38.32% and a negative trailing twelve-month return on equity of 40.35%.

SI-BONE issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $132.00 million-$134.00 million, compared to the consensus revenue estimate of $130.03 million.

10 employees have rated SI-BONE Chief Executive Officer Jeffrey Dunn on Glassdoor.com. Jeffrey Dunn has an approval rating of 41% among the company's employees. This puts Jeffrey Dunn in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other SI-BONE investors own include CVS Health (CVS), Home Depot (HD), Procter & Gamble (PG), RTX (RTX), Thermo Fisher Scientific (TMO), Verizon Communications (VZ), Alibaba Group (BABA), Cisco Systems (CSCO) and CSX (CSX).

(SIBN) raised $84 million in an IPO on Wednesday, October 17th 2018. The company issued 6,000,000 shares at $13.00-$15.00 per share. Morgan Stanley and BofA Merrill Lynch acted as the underwriters for the IPO and Canaccord Genuity and JMP Securities were co-managers.

SI-BONE trades on the NASDAQ under the ticker symbol "SIBN."

SI-BONE's stock is owned by many different retail and institutional investors. Top institutional shareholders include Brown Advisory Inc. (11.23%), BlackRock Inc. (7.57%), Silvercrest Asset Management Group LLC (2.62%), Granahan Investment Management LLC (2.44%), State Street Corp (2.38%) and Divisadero Street Capital Management LP (2.35%). Insiders that own company stock include Anshul Maheshwari, Anthony J Recupero, Anthony J Recupero, Gregory K Hinckley, Jeffrey W Dunn, Jeffrey W Dunn, Jeryl L Hilleman, Jeryl L Hilleman, John Gordon Freund, Laura Francis, Michael A Pisetsky and Michael A Pisetsky.
View institutional ownership trends.

Shares of SIBN 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.
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One share of SIBN stock can currently be purchased for approximately $21.15.

SI-BONE (NASDAQ:SIBN) has a market capitalization of $818.29 million and generates $106.41 million in revenue each year. The company earns $-61,260,000.00 in net income (profit) each year or ($1.35) on an earnings per share basis.

The company employs 357 workers across the globe.

SI-BONE's mailing address is 471 EL CAMINO REAL SUITE 101, SANTA CLARA CA, 95050. The official website for the company is www.si-bone.com. The company can be reached via phone at (408) 207-0700 or via email at investors@si-bone.com.