NASDAQ:TNON Tenon Medical (TNON) Stock Price, News & Analysis $3.43 -0.30 (-8.04%) Closing price 09/22/2026 04:00 PM EasternExtended Trading$3.47 +0.04 (+1.17%) As of 04:13 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOwnershipSEC Filings About Tenon Medical Stock (NASDAQ:TNON) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Tenon Medical alerts:Sign Up Key Stats Today's Range$3.41▼$3.6750-Day Range$2.44▼$11.4152-Week Range$2.40▼$50.40Volume560,234 shsAverage Volume13.94 million shsMarket Capitalization$2.30 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingHold Company Overview Tenon Medical, Inc. is a medical device company focused on developing and commercializing products for the treatment of sacroiliac (SI) joint dysfunction. The company serves the spine and orthopedic markets, with an emphasis on minimally invasive procedures intended to stabilize and fuse the SI joint. Tenon’s primary product is the Catamaran SI Joint Fusion System, an implant and delivery system designed to provide transfixation across the SI joint. The system is intended for use by surgeons performing SI joint fusion procedures and is supported by related instrumentation and procedural tools. Based in Los Gatos, California, Tenon Medical has focused its commercial activities on the United States market. The company became publicly traded on the Nasdaq under the symbol TNON in 2022.AI Generated. May Contain Errors. Read More Tenon Medical Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks15th Percentile Overall ScoreTNON MarketRank™: Tenon Medical scored higher than 15% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.2 / 5Analyst RatingHold Consensus RatingTenon Medical has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and 1 sell rating.Amount of Analyst CoverageTenon Medical has only been the subject of 1 research reports in the past 90 days.Read more about Tenon Medical's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Tenon Medical is -0.08, 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 Tenon Medical is -0.08, 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 RatioTenon Medical has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Tenon Medical's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted23.70% of the float of Tenon Medical has been sold short.Short Interest Ratio / Days to CoverTenon Medical has a short interest ratio ("days to cover") of 0.02, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tenon Medical has recently increased by 1,517.68%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldTenon Medical does not currently pay a dividend.Dividend GrowthTenon Medical does not have a long track record of dividend growth. News and Social Media0.6 / 5News SentimentN/A News Coverage This WeekMarketBeat has tracked 1 news article for Tenon Medical this week, compared to 2 articles on an average week.Search Interest29 people have searched for TNON on MarketBeat in the last 30 days. This is an increase of 383% compared to the previous 30 days. Company Ownership2.3 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Tenon Medical insiders have sold 20.98% more of their company's stock than they have bought. Specifically, they have bought $500,468.00 in company stock and sold $605,467.00 in company stock.Percentage Held by Insiders17.71% of the stock of Tenon Medical is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions22.74% of the stock of Tenon Medical is held by institutions.Read more about Tenon Medical's insider trading history. Receive TNON Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tenon Medical and its competitors with MarketBeat's FREE daily newsletter. 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TNON Stock News HeadlinesTenon Medical Induces Warrant Exercise to Raise CapitalSeptember 16, 2026 | tipranks.comTenon Medical Secures Approx. $2.87 Mln Through Warrant Inducement Offering; Shares JumpSeptember 15, 2026 | rttnews.comMy top 3 AI picks for the next decadeAlexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up Amazon and Netflix under $3 per share in 2005. Now the chief investment strategist at The Oxford Club has identified three AI stocks he believes could be the most profitable investments of the next decade. | The Oxford Club (Ad)WallachBeth Capital Announces Closing of Tenon Medical Warrant Inducement Offering for Aggregate Gross Proceeds of Approximately $2,872,338September 14, 2026 | prnewswire.comBest Medical Stocks To Research - September 11thSeptember 14, 2026 | americanbankingnews.comMajor Investor Makes Bold Moves in Tenon Medical StockSeptember 11, 2026 | tipranks.comWallachBeth Capital Announces Tenon Medical Warrant Inducement for Gross Proceeds of Approximately $2,872,338September 11, 2026 | prnewswire.comTenon Medical Completes Repayment Of Convertible Debt; Shares Surge In Pre-MarketSeptember 10, 2026 | rttnews.comSee More Headlines TNON Stock Analysis - Frequently Asked Questions How have TNON shares performed this year? Tenon Medical's stock was trading at $33.3025 on January 1st, 2026. Since then, TNON stock has decreased by 89.7% and is now trading at $3.43. How were Tenon Medical's earnings last quarter? Tenon Medical, Inc. (NASDAQ:TNON) released its quarterly earnings data on Thursday, August, 13th. The company reported ($12.35) earnings per share for the quarter, missing the consensus estimate of ($8.40) by $3.95. The company had revenue of $1.28 million for the quarter, compared to the consensus estimate of $1.54 million. Tenon Medical had a negative net margin of 257.85% and a negative trailing twelve-month return on equity of 907.60%. Read the conference call transcript. When did Tenon Medical's stock split? Tenon Medical shares reverse split before market open on Monday, August 10th 2026.A 1-35 reverse split was announced. The number of shares owned by shareholders was adjusted after the market closes on Sunday, August 9th 2026. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. When did Tenon Medical IPO? Tenon Medical (TNON) raised $16 million in an IPO on Wednesday, April 20th 2022. The company issued 3,200,000 shares at $4.50-$5.50 per share. How do I buy shares of Tenon Medical? Shares of TNON 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 Tenon Medical own? Based on aggregate information from My MarketBeat watchlists, some other companies that Tenon Medical investors own include Ardelyx (ARDX), Broadcom (AVGO), CrowdStrike (CRWD), First Financial Bankshares (FFIN), Eli Lilly and Company (LLY) and Meta Platforms (META). Company Calendar Last Earnings8/13/2026Today9/22/2026Next Earnings (Estimated)11/12/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (1w+) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 For the last 7 days, TNON's financial health has been in the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorHealthcare Industry Healthcare Equipment & Supplies Sub-IndustryHealthcare Equipment Current SymbolNASDAQ:TNON CIK1560293 Webwww.tenonmed.com Phone408-649-5760FaxN/AEmployees26Year FoundedN/AProfitability EPS (Trailing Twelve Months)($44.87) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$12.56 million Net Margins-257.85% Pretax Margin-257.85% Return on Equity-907.60% Return on Assets-124.84% Debt Debt-to-Equity RatioN/A Current Ratio0.58 Quick Ratio0.48 Sales & Book Value Annual Sales$3.94 million Price / Sales0.58 Cash FlowN/A Price / Cash FlowN/A Book Value$6.19 per share Price / Book0.55Miscellaneous Outstanding Shares670,000Free Float549,000Market Cap$2.30 million OptionableNot Optionable Beta1.36 7 Best Space Stocks to Own in 2026The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. 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