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NASDAQ:TTOO

T2 Biosystems (TTOO) Stock Price, News & Analysis

T2 Biosystems logo
$0.0005 0.00 (0.00%)
As of 08/10/2026 01:40 PM Eastern

About T2 Biosystems Stock (NASDAQ:TTOO)

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Key Stats

Today's Range
$0.0005
$0.0005
50-Day Range
N/A
52-Week Range
$0.00
$0.08
Volume
16,269 shs
Average Volume
9,683 shs
Market Capitalization
$10.52 thousand
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

T2 Biosystems, Inc. is a commercial‐stage diagnostics company focused on developing and marketing innovative, rapid diagnostic products designed to improve patient outcomes and reduce healthcare costs. The company’s proprietary T2 Magnetic Resonance (T2MR) technology enables direct detection of pathogens and biomarkers in whole blood without the need for culture, delivering results in hours rather than days. T2 Biosystems’ core mission is to provide clinicians with faster, actionable data to guide treatment decisions, particularly in the management of sepsis, bloodstream infections and other life‐threatening conditions.

The flagship product, the T2Dx® Instrument, serves as the platform for all T2 assays. The company’s first FDA‐cleared test, the T2Candida® Panel, identifies five major species of Candida directly from patient blood samples. Building on this success, T2 Biosystems has obtained FDA clearance for the T2Bacteria® Panel, which detects six common bacterial pathogens associated with bloodstream infections. Additional assays in the pipeline include panels for antimicrobial resistance markers and emerging infectious threats, underscoring the company’s commitment to expanding the clinical utility of its T2MR platform.

T2 Biosystems conducts commercial operations across the United States and European markets, operating under both FDA clearance and CE Mark authorizations. Its products are primarily targeted to hospital laboratories, molecular diagnostic centers and critical care units. By offering rapid testing that bypasses lengthy culture steps, the company aims to support antimicrobial stewardship programs and help healthcare providers reduce hospital stays, lower treatment costs and combat the rise of drug‐resistant infections.

Founded in 2006 based on technology developed in academic research laboratories, T2 Biosystems is headquartered in Lexington, Massachusetts. The company is led by a management team with extensive experience in diagnostics, life sciences and regulatory affairs, with John McDonough serving as President and Chief Executive Officer. Since its inception, T2 Biosystems has raised multiple rounds of financing and advanced its platform from proof‐of‐concept through regulatory clearance and commercial launch, positioning it as a pioneer in rapid molecular diagnostics.

AI Generated. May Contain Errors.

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TTOO Stock News Headlines

T2 Biosystems Inc.
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TTOO Stock Analysis - Frequently Asked Questions

T2 Biosystems' stock was trading at $0.0050 at the beginning of 2026. Since then, TTOO stock has decreased by 90.0% and is now trading at $0.0005.

T2 Biosystems, Inc. (NASDAQ:TTOO) announced its quarterly earnings results on Monday, July, 29th. The medical equipment provider reported ($0.66) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.97) by $0.31. The medical equipment provider had revenue of $1.95 million for the quarter.
Read the conference call transcript
.

T2 Biosystems shares reverse split on Friday, October 13th 2023.The 1-100 reverse split was announced on Friday, October 13th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, October 13th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

T2 Biosystems (TTOO) raised $83 million in an initial public offering (IPO) on Wednesday, August 6th 2014. The company issued 5,200,000 shares at a price of $15.00-$17.00 per share.

Shares of TTOO 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 T2 Biosystems investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Digital Turbine (APPS) and Tesla (TSLA).

Company Calendar

Last Earnings
7/29/2024
Today
8/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Healthcare Equipment & Supplies
Sub-Industry
Healthcare Equipment
Current Symbol
NASDAQ:TTOO
CIK
1492674
Employees
180
Year Founded
2006

Profitability

EPS (Trailing Twelve Months)
($3.89)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$50.08 million
Net Margins
-563.16%
Pretax Margin
-559.52%
Return on Equity
N/A
Return on Assets
-174.06%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.40
Quick Ratio
0.24

Sales & Book Value

Annual Sales
$7.68 million
Price / Sales
0.00
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($6.91) per share
Price / Book
0.00

Miscellaneous

Outstanding Shares
21,043,000
Free Float
21,037,000
Market Cap
$10.52 thousand
Optionable
No Data
Beta
7.75

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This page (NASDAQ:TTOO) was last updated on 8/11/2026 by MarketBeat.com Staff.
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