Sharps Technology (STSS) Stock Price, News & Analysis

Company Overview

Sharps Technology (NASDAQ:STSS) is an insurtech company specializing in technology-enabled subrogation recovery services for property and casualty insurers. The company’s flagship platform combines process automation, data analytics and digital workflow tools to help carriers and third-party administrators identify, manage and recover funds from liable third parties. By streamlining the subrogation lifecycle—from claim intake through recovery—Sharps delivers greater transparency, faster turnaround times and improved recovery rates for its clients.

Since its initial public offering in late 2021, Sharps Technology has focused on expanding its presence across the United States. Headquartered in Chicago, the company partners with regional and national insurers to integrate its platform into existing claims systems, ensuring compliance with industry regulations and data security standards. Sharps also offers customizable reporting and performance-tracking dashboards, enabling clients to monitor key metrics and drive continuous process improvements.

The Sharps leadership team brings together professionals with deep experience in insurance technology, claims management and legal services. Guided by a board with backgrounds in both traditional insurance and emerging insurtech markets, the company continues to invest in research and development aimed at enhancing automation capabilities, refining analytics models and broadening its suite of recovery solutions within the casualty insurance sector.

Key Stats

• Today's Range: $6.31 to $6.75
• 50-Day Range: $4.61 to $16.03
• 52-Week Range: $3.36 to $1,248.27
• Volume: 295,875 shs
• Average Volume: 1.04 million shs
• Market Capitalization: $177.96 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

Sharps Technology Stock Analysis - MarketRank™

Sharps Technology scored higher than 32% of companies evaluated by MarketBeat, and ranked 773rd out of 950 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Sharps Technology.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Sharps Technology is -0.01, 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. Sector

The P/E ratio of Sharps Technology is -0.01, 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 Ratio

Sharps Technology has a P/B Ratio of 0.06. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.21% of the float of Sharps Technology has been sold short.

Short Interest Ratio / Days to Cover

Sharps Technology has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sharps Technology has recently decreased by 55.32%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sharps Technology does not currently pay a dividend.

Dividend Growth

Sharps Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.21% of the float of Sharps Technology has been sold short.

Short Interest Ratio / Days to Cover

Sharps Technology has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sharps Technology has recently decreased by 55.32%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.00

News Sentiment

Sharps Technology has a news sentiment score of 1.00. 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 0.63 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Sharps Technology this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for STSS on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Sharps Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Sharps Technology insiders have bought 1,278.52% more of their company's stock than they have sold. Specifically, they have bought $4,615,300.00 in company stock and sold $334,800.00 in company stock.

Percentage Held by Insiders

Only 1.22% of the stock of Sharps Technology is held by insiders.

Percentage Held by Institutions

Only 17.17% of the stock of Sharps Technology is held by institutions.

STSS Stock Analysis - Frequently Asked Questions

How have STSS shares performed this year?

Sharps Technology's stock was trading at $618.00 at the beginning of the year. Since then, STSS shares have decreased by 98.9% and is now trading at $6.69.

How were Sharps Technology's earnings last quarter?

Sharps Technology, Inc. (NASDAQ:STSS) released its earnings results on Wednesday, August, 13th. The company reported $3.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.94) by $4.52. The firm had revenue of $0.22 million for the quarter, compared to the consensus estimate of $0.25 million.

When did Sharps Technology's stock split?

Sharps Technology's stock reverse split on the morning of Monday, April 28th 2025.A 1-300 reverse split was announced. The number of shares owned by shareholders was adjusted after the market closes on Sunday, April 27th 2025. An investor that had 100 shares of stock prior to the reverse split would have 0 shares after the split.

How will Sharps Technology's stock buyback program work?

Sharps Technology's board initiated a stock buyback program on Thursday, October 2nd 2025, which authorizes the company to buy back $100,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 55.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.

When did Sharps Technology IPO?

Sharps Technology (STSS) raised $16 million in an initial public offering (IPO) on Thursday, April 14th 2022. The company issued 3,750,000 shares at a price of $4.25 per share.

How do I buy shares of Sharps Technology?

Shares of STSS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Sharps Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sharps Technology investors own include Meta Platforms (META), Plug Power (PLUG), Exela Technologies (XELA), Faraday Future Intelligent Electric (FFIE), AMC Entertainment (AMC) and Canoo (GOEV).

Company Calendar

• Last Earnings: 8/13/2025
• Today: 10/08/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MED PRODUCTS
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:STSS
• CIK: 1737995
• Web: sharpstechnology.com
• Phone: 631-574-4436
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($1,212.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$9.30 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -8.72%
• Return on Assets: -5.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.35
• Quick Ratio: 3.67

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $110.01 per share
• Price / Book: 0.06

Miscellaneous

• Outstanding Shares: 26,600,000
• Free Float: 26,276,000
• Market Cap: $177.95 million
• Optionable: Not Optionable
• Beta: 2.17