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NASDAQ:TNON

Tenon Medical (TNON) Stock Price, News & Analysis

Tenon Medical logo
$2.98 -0.43 (-12.61%)
Closing price 10/12/2026 04:00 PM Eastern
Extended Trading
$3.10 +0.12 (+4.06%)
As of 09:00 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.

About Tenon Medical Stock (NASDAQ:TNON)

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Key Stats

Today's Range
$2.95
▼
$3.36
50-Day Range
$2.44
▼
$11.41
52-Week Range
$2.40
▼
$50.40
Volume
262,372 shs
Average Volume
4.37 million shs
Market Capitalization
$1.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Hold

Company Overview

Tenon Medical, Inc. is a medical device company focused on developing and commercializing technologies for sacroiliac (SI) joint dysfunction, a source of lower-back and pelvic pain. The company’s lead product is the Catamaran SI Joint Fusion System, a minimally invasive implant system designed to stabilize and fuse the SI joint.

The Catamaran system is designed to transfix the SI joint through a single surgical approach and uses a proprietary implant intended to provide fixation across the joint. The system received clearance from the U.S. Food and Drug Administration and is marketed for use in SI joint fusion procedures.

Tenon Medical was founded in 2015 and is based in Los Gatos, California. The company primarily serves the U.S. market through its commercial operations and works with physicians and healthcare providers specializing in spine, orthopedic and minimally invasive surgical procedures.

AI Generated. May Contain Errors.

Tenon Medical Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
29th Percentile Overall Score

TNON MarketRank™: 

Tenon Medical scored higher than 29% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tenon 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 Coverage

    Tenon 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.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tenon Medical is -0.07, 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 Tenon Medical is -0.07, 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

    Tenon Medical has a P/B Ratio of 0.48. 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.
  • Percentage of Shares Shorted

    11.07% of the float of Tenon Medical has been sold short.
  • Short Interest Ratio / Days to Cover

    Tenon Medical has a short interest ratio ("days to cover") of 0.01, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tenon Medical has recently decreased by 88.73%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Tenon Medical does not currently pay a dividend.

  • Dividend Growth

    Tenon Medical does not have a long track record of dividend growth.

  • News Sentiment

    Tenon Medical has a news sentiment score of 0.93. 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 0.69 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Tenon Medical this week, compared to 2 articles on an average week.
  • Search Interest

    Only 18 people have searched for TNON on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 Insiders

    17.71% 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 Institutions

    22.74% of the stock of Tenon Medical is held by institutions.

  • Read more about Tenon Medical's insider trading history.
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TNON Stock News Headlines

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Tenon Medical Induces Warrant Exercise to Raise Capital
Major Investor Makes Bold Moves in Tenon Medical Stock
See More Headlines

TNON Stock Analysis - Frequently Asked Questions

Tenon Medical's stock was trading at $33.3025 at the start of the year. Since then, TNON stock has decreased by 91.1% and is now trading at $2.98.

Tenon Medical, Inc. (NASDAQ:TNON) released its quarterly earnings results 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 business had revenue of $1.28 million for the quarter, compared to analysts' expectations 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
.

Tenon Medical shares reverse split on the morning of 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.

Tenon Medical (TNON) raised $16 million in an initial public offering on Wednesday, April 20th 2022. The company issued 3,200,000 shares at a price of $4.50-$5.50 per share.

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.

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 Earnings
8/13/2026
Today
10/13/2026
Next Earnings (Estimated)
11/12/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Healthcare Equipment & Supplies
Sub-Industry
Healthcare Equipment
Current Symbol
NASDAQ:TNON
CIK
1560293
Fax
N/A
Employees
26
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
($44.87)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net 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 Ratio
N/A
Current Ratio
0.58
Quick Ratio
0.48

Sales & Book Value

Annual Sales
$5.31 million
Price / Sales
0.37
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$6.19 per share
Price / Book
0.48

Miscellaneous

Outstanding Shares
667,000
Free Float
549,000
Market Cap
$1.99 million
Optionable
Not Optionable
Beta
1.35
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This page (NASDAQ:TNON) was last updated on 10/12/2026 by MarketBeat.com Staff.
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