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DIS   87.96 (+0.16%)
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PFE   38.02 (+2.73%)
PYPL   61.99 (-0.10%)
NFLX   395.23 (+0.57%)
QQQ   347.99 (-0.57%)
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MSFT   328.39 (-0.85%)
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GOOGL   122.87 (-0.65%)
AMZN   120.58 (-0.89%)
TSLA   203.93 (+1.38%)
NVDA   378.34 (-5.68%)
NIO   7.53 (+1.62%)
BABA   79.58 (+1.16%)
AMD   118.21 (-5.64%)
T   15.73 (+0.58%)
F   12.00 (-4.69%)
MU   68.20 (-4.87%)
CGC   0.84 (-2.34%)
GE   101.53 (-0.86%)
DIS   87.96 (+0.16%)
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NASDAQ:TNON

Tenon Medical (TNON) Stock Forecast, Price & News

$1.16
-0.01 (-0.85%)
(As of 05/31/2023 ET)
Compare
Today's Range
$1.10
$1.17
50-Day Range
$1.13
$1.95
52-Week Range
$0.96
$3.49
Volume
15,367 shs
Average Volume
339,717 shs
Market Capitalization
$13.05 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Tenon Medical MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
417.2% Upside
$6.00 Price Target
Short Interest
Healthy
2.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.02mentions of Tenon Medical in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$116,904 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

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

2.03 out of 5 stars

Medical Sector

616th out of 1,006 stocks

Surgical & Medical Instruments Industry

64th out of 104 stocks


TNON stock logo

About Tenon Medical (NASDAQ:TNON) Stock

Tenon Medical, Inc., a medical device company, develops surgical implant systems to optimize sacroiliac joint fixation/fusion surgery and corresponding outcomes. It sells The CATAMARAN SIJ Fusion System that includes instruments and implants designed to prepare and fixate the SI-Joint for fusion in the United States and Puerto Rico. The company was founded in 2012 and is based in Los Gatos, California.

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TNON Stock News Headlines

Highly Profitable Restaurant Brand Expands to Canada
Invest in the Canadian Expansion with Debut: The Exclusive Franchisee with Proven Success.
Q1 2023 Tenon Medical Inc Earnings Call
World-Renowned Brazilian Restaurant Debuts in Canada
Invest in Debut's Exclusive Franchise of Acclaimed Brazilian Churrasco Restaurant Brand.
Critical Survey: Tenon Medical (TNON) vs. Its Peers
Critical Survey: Tenon Medical (TNON) versus Its Rivals
Financial Survey: Tenon Medical (TNON) vs. Its Peers
Tenon Medical Stock (NASDAQ:TNON), Dividends
Q4 2022 Tenon Medical Inc Earnings Call
TNON Tenon Medical, Inc.
See More Headlines
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TNON Company Calendar

Last Earnings
3/10/2023
Today
5/31/2023
Next Earnings (Estimated)
8/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:TNON
Fax
N/A
Employees
8
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.00
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+417.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-18,920,000.00
Net Margins
-2,031.72%
Pretax Margin
-2,031.72%

Debt

Sales & Book Value

Annual Sales
$690,000.00
Book Value
$0.22 per share

Miscellaneous

Free Float
9,946,000
Market Cap
$13.05 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Steven M. Foster (Age 56)
    CEO & Chairman
    Comp: $175k
  • Mr. Richard Ginn (Age 57)
    Founder, CTO & Director
    Comp: $160.42k
  • Mr. Steven M. Van Dick (Age 68)
    Exec. VP of Fin. & Admin. and CFO
    Comp: $160.42k
  • Mr. Richard M. Ferrari (Age 69)
    Exec. Chairman













TNON Stock - Frequently Asked Questions

Should I buy or sell Tenon Medical stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenon Medical in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TNON shares.
View TNON analyst ratings
or view top-rated stocks.

What is Tenon Medical's stock price forecast for 2023?

1 analysts have issued 1 year price objectives for Tenon Medical's stock. Their TNON share price forecasts range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 417.2% from the stock's current price.
View analysts price targets for TNON
or view top-rated stocks among Wall Street analysts.

How have TNON shares performed in 2023?

Tenon Medical's stock was trading at $1.58 at the beginning of the year. Since then, TNON stock has decreased by 26.6% and is now trading at $1.16.
View the best growth stocks for 2023 here
.

Are investors shorting Tenon Medical?

Tenon Medical saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 181,600 shares, a decrease of 18.6% from the April 30th total of 223,000 shares. Based on an average daily trading volume, of 54,500 shares, the short-interest ratio is currently 3.3 days. Approximately 2.5% of the shares of the company are short sold.
View Tenon Medical's Short Interest
.

When is Tenon Medical's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our TNON earnings forecast
.

How were Tenon Medical's earnings last quarter?

Tenon Medical, Inc. (NASDAQ:TNON) posted its quarterly earnings data on Friday, March, 10th. The company reported ($0.70) EPS for the quarter. The business had revenue of $0.28 million for the quarter. Tenon Medical had a negative trailing twelve-month return on equity of 232.63% and a negative net margin of 2,031.72%.

When did Tenon Medical IPO?

(TNON) raised $16 million in an initial public offering (IPO) on Wednesday, April 27th 2022. The company issued 3,200,000 shares at a price of $4.50-$5.50 per share.

What is Tenon Medical's stock symbol?

Tenon Medical trades on the NASDAQ under the ticker symbol "TNON."

Who are Tenon Medical's major shareholders?

Tenon Medical's stock is owned by many different institutional and retail investors. Top institutional investors include Spectrum Asset Management Inc. NB CA (1.68%), BlackRock Inc. (1.14%), Geode Capital Management LLC (0.91%), Renaissance Technologies LLC (0.36%) and SG Americas Securities LLC (0.14%). Insiders that own company stock include Richard Ginn and Steven M Foster.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tenon Medical's stock price today?

One share of TNON stock can currently be purchased for approximately $1.16.

How much money does Tenon Medical make?

Tenon Medical (NASDAQ:TNON) has a market capitalization of $13.05 million and generates $690,000.00 in revenue each year. The company earns $-18,920,000.00 in net income (profit) each year or ($2.06) on an earnings per share basis.

How can I contact Tenon Medical?

The official website for the company is www.tenonmed.com. The company can be reached via phone at 408-649-5760 or via email at tenon@mzgroup.ustenon@mzgroup.us.

This page (NASDAQ:TNON) was last updated on 5/31/2023 by MarketBeat.com Staff

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