Shoulder Innovations (SI) Stock Price, News & Analysis

Company Overview

Shoulder Innovations, Inc. (NYSE: SI) is a medical device company dedicated to the design, development and commercialization of implant solutions for shoulder reconstruction and fixation procedures. The company’s product portfolio encompasses both anatomic and reverse total shoulder replacement systems, as well as trauma fixation devices, all of which are engineered to address a wide range of shoulder pathologies and surgical approaches.

Key offerings include an anatomic shoulder system designed to mimic native joint biomechanics, and a reverse shoulder system offering enhanced stability and function in cases of rotator cuff insufficiency. In addition to implant components, the company provides sterile-packed instrumentation and intramedullary fixation nails that support minimally invasive and conventional surgical techniques. Continuous research and development initiatives focus on advancing implant materials, optimizing instrumentation ergonomics and refining surgical protocols to improve patient outcomes and operating room efficiency.

Founded in 2003 and based in Salt Lake City, Utah, Shoulder Innovations markets its products throughout the United States and has established distribution partnerships in selected international markets. The company’s leadership team brings together experienced professionals from orthopaedics, biomedical engineering and commercial operations, driving strategic growth, regulatory compliance and clinical education efforts. Through surgeon training programs and peer-reviewed clinical studies, Shoulder Innovations seeks to validate its technologies and expand its presence within the global shoulder arthroplasty market.

Key Stats

• Today's Range: $13.85 to $14.65
• 50-Day Range: N/A
• 52-Week Range: $13.05 to $17.94
• Volume: 285,287 shs
• Average Volume: 369,741 shs
• Market Capitalization: $454.31 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SI Stock Analysis - Frequently Asked Questions

How have SI shares performed this year?

Shoulder Innovations' stock was trading at $15.09 at the start of the year. Since then, SI shares have decreased by 4.9% and is now trading at $14.35.

How were Shoulder Innovations' earnings last quarter?

Shoulder Innovations Inc (NYSE:SI) announced its earnings results on Monday, October, 18th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.17. The firm earned $51.71 million during the quarter, compared to analyst estimates of $45.19 million. Shoulder Innovations had a net margin of 45.10% and a trailing twelve-month return on equity of 8.87%.

Does Shoulder Innovations have any subsidiaries?

Shoulder Innovations subsidiaries include Silvergate Bank, Silvergate Capital Trust I, Silvergate Capital Trust II, and Spring Valley Lots.

When did Shoulder Innovations IPO?

Shoulder Innovations (SI) raised $75 million in an initial public offering (IPO) on Thursday, July 31st 2025. The company issued 5,000,000 shares at $15.00 per share.

When does Shoulder Innovations' quiet period expire?

Shoulder Innovations's quiet period expires on Tuesday, September 9th. Shoulder Innovations had issued 5,000,000 shares in its public offering on July 31st. The total size of the offering was $75,000,000 based on an initial share price of $15.00. During Shoulder Innovations' quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

How do I buy shares of Shoulder Innovations?

Shares of SI 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 Shoulder Innovations own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shoulder Innovations investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), PayPal (PYPL), Alibaba Group (BABA).

Company Calendar

• Last Earnings: 10/18/2021
• Today: 8/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Surgical, Medical, And Dental Instruments And Supplies
• Sub-Industry: Medical Equipment
• Current Symbol: NYSE:SI
• Previous Symbol: NYSE:SI
• CIK: 1699350
• Web: N/A
• Phone: 616-566-0286
• Fax: N/A
• Employees: 61
• Year Founded: 1988

Profitability

• EPS (Trailing Twelve Months): ($29.96)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$937.91 million
• Net Margins: 45.10%
• Pretax Margin: 56.58%
• Return on Equity: 8.87%
• Return on Assets: 0.81%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 0.25
• Quick Ratio: 0.18

Sales & Book Value

• Annual Sales: $34.57 million
• Price / Sales: 13.14
• Cash Flow: $51.25 per share
• Price / Cash Flow: 0.28
• Book Value: $52.92 per share
• Price / Book: 0.27

Miscellaneous

• Outstanding Shares: 31,659,000
• Free Float: 31,118,000
• Market Cap: $454.31 million
• Optionable: No Data
• Beta: 2.23