Neuronetics, Inc.

STIM Healthcare Medical Devices

Neuronetics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $149.2 million, up 99.2% from fiscal 2024. In the quarter to June 2026, revenue grew 9.08%, EPS grew 66.7%, free cash flow grew 62.1% and total debt rose 10.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

1.89 0.06 −3.08%
Market cap
$148.6M
P/E
0.0×
Fwd P/E
−2.8×
Dividend yield
—
F-score
4/9
Altman Z
−3.48
Beneish M
−2.59
Dividend safety
n/a

Insider Decisions trades per month

Total buys 4.81
Total sells 0.28
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — 6 1 2 — 1 1 — —
Sell — — — 6 5 — — — — — — —
Insider Ownership 60.51%

Capital & Financial Ratios $m

Market Cap 148.58
Revenue 155.10
Net Income (30.85)
Free Cash Flow (11.22)
Net Debt 36.34
Current Ratio 1.88 (at or above 1.5: strong)
Debt/Equity 2.84 (above 2: weak)
P/E ratio 0.00
Fwd P/E (2.78) (negative: loss-making)
P/S ratio 0.89
P/B ratio 6.39 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 40.95% (at or above 15%: strong)
Next Y EPS Growth 19.82% (at or above 15%: strong)
Next Y revenue growth 8.61%
Next 5Y EPS Growth 26.75% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 28.35%
10-year low 10-year high
P/B against its own 10 years 88.82%
10-year low 10-year high
EV/Sales against its own 10 years 50.17%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 61 20 34 25
Receivables 18 24 17 16
Inventory 8 4 4 6
Other — — — —
94 58 62 53
2023 2024 2025 Q'26
Payables 5 11 11 12
ST’ Debt — — — —
Other — 1 1 0
20 31 31 28

Compound Annual Growth %

10y 5y 3y
Sales — 24.81% 31.76%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.58% (22.81%)

Revenue $m

Mar Jun Sep Dec Year
’26 34 42 — — —
’25 32 38 37 42 149
’24 17 16 19 22 75
’23 16 18 18 20 71
’22 14 16 16 18 65
’21 12 14 14 15 55
’20 11 10 12 16 49
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (9) (1) — — —
’25 (17) (4) (1) 1 (20)
’24 (12) (5) (5) (9) (31)
’23 (15) (9) (10) 2 (32)
’22 (12) (9) (7) (3) (31)
’21 (9) (6) (9) (5) (28)
’20 (14) (9) (4) (2) (28)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (10) (1) — — —
’25 (17) (4) (1) 1 (21)
’24 (12) (6) (6) (9) (32)
’23 (15) (10) (11) 1 (34)
’22 (13) (10) (7) (4) (34)
’21 (10) (6) (9) (5) (30)
’20 (14) (10) (4) (2) (29)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.16) (0.05) — — —
’25 (0.21) (0.15) (0.13) (0.10) (0.59)
’24 (0.27) (0.33) (0.44) (0.33) (1.37)
’23 (0.38) (0.17) (0.33) (0.19) (1.05)
’22 (0.41) (0.39) (0.28) (0.30) (1.38)
’21 (0.31) (0.29) (0.31) (0.29) (1.22)
’20 (0.68) (0.41) (0.18) (0.19) (1.46)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — 15.40 3.96 1.25 3.75 1.98 1.03 0.52 1.25

Analyst estimates 2026–2028

Powerpack
High — — 39.39 19.85 11.71 22.43 6.92 6.95 5.07 5.92
People
People Employees — 167 133 235 126 175 194 203 716 658
Revenue/emp, $m 0.00 0.24 0.40 0.27 0.39 0.32 0.34 0.35 0.10 0.23
Income, $m
Income, $m Revenue 34 40 53 63 49 55 65 71 75 149
Gross margin, % 80.65 76.18 76.42 75.44 76.54 78.93 76.26 72.47 72.32 48.48
EBT (11) (16) (24) (29) (27) (31) (37) (30) (44) (39)
EBT margin, % (32.82) (39.72) (45.66) (46.35) (55.75) (56.39) (56.99) (42.31) (58.39) (26.24)
Net income (11) (16) (24) (29) (27) (31) (37) (30) (44) (39)
Depreciation 1 1 1 1 1 1 2 2 2 3
Per share, $
Per share, $ Revenue 234.44 217.38 5.90 3.41 2.61 2.17 2.42 2.49 2.36 2.26
Earnings (76.95) (86.34) (2.69) (1.58) (1.46) (1.22) (1.38) (1.05) (1.37) (0.59)
Cash flow (58.50) (59.91) (2.30) (1.66) (1.51) (1.10) (1.14) (1.12) (0.98) (0.31)
Capex (2.22) (3.19) (0.11) (0.04) (0.04) (0.09) (0.12) (0.08) (0.05) (0.01)
Free cash flow (60.72) (63.11) (2.41) (1.70) (1.55) (1.19) (1.26) (1.20) (1.02) (0.32)
Book value (32.97) (29.66) 7.94 2.60 1.35 3.34 2.12 1.19 1.00 0.40
Shares, m 0 0 9 18 19 25 27 29 32 66
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 0.00 0.00 3.28 1.32 4.25 2.05 2.72 1.10 0.68 0.61
P/B 0.00 0.00 2.44 1.72 8.21 1.33 3.11 2.31 1.61 3.47
EV/Sales 0.00 0.00 1.97 0.59 3.93 0.96 2.17 1.10 1.34 0.91
EV/FCF (0.19) (0.19) (4.81) (1.19) (6.65) (1.76) (4.16) (2.28) (3.09) (6.43)
Cash, $m
Cash, $m Operating cash flow (9) (11) (21) (30) (28) (28) (31) (32) (31) (20)
Capex 0 (1) (1) (1) (1) (2) (3) (2) (1) (1)
Free cash flow (9) (12) (22) (31) (29) (30) (34) (34) (32) (21)
Balance, $m
Balance, $m Working capital 10 25 101 61 51 100 66 74 27 31
Total debt 20 30 30 31 35 36 36 59 55 66
Net debt 3 0 (74) (45) (16) (60) (36) (1) 35 31
Shareholders’ equity (5) (6) 71 48 25 85 57 34 32 26
Returns, %
Returns, % ROA (35.25) (50.39) (30.90) (26.75) (30.70) (28.37) (28.79) (25.95) (34.05) (27.61)
ROIC 0.00 0.00 0.00 (697.81) (141.37) (69.35) (103.82) (58.06) (32.11) (34.06)
ROE 6.08 8.69 39.63 (48.86) (74.86) (56.37) (52.25) (66.17) (132.47) (134.39)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Neuronetics, Inc. vs peers in Medical Devices (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PROF Profound Medical $230.5M — (loss-making) — (loss-making) +12.30% (above 0%: growing) n/m +17.51% (above 0%: growing) 78.41% (445.67%) Compare
RXST RxSight, Inc. $194.2M — (loss-making) — (loss-making) +0.31% (above 0%: growing) n/m −94.39% (below 0%: shrinking) 76.72% (40.81%) Compare
INGN Inogen, Inc $167.1M — (loss-making) — (loss-making) +3.04% (above 0%: growing) n/m −51.15% (below 0%: shrinking) 45.51% (5.36%) Compare
STIM Neuronetics, Inc. $148.6M — (loss-making) — (loss-making) +9.08% (above 0%: growing) n/m +62.06% (above 0%: growing) 51.06% (3.61%)
QTRX Quanterix Corporation $145.2M — (loss-making) — (loss-making) +34.44% (above 0%: growing) n/m +18.92% (above 0%: growing) 38.52% (150.22%) Compare
MXCT MaxCyte, Inc. $134.2M — (loss-making) — (loss-making) −14.53% (below 0%: shrinking) n/m +54.74% (above 0%: growing) 76.96% (140.72%) Compare
OWLT Owlet, Inc. $129.8M — (loss-making) — (loss-making) +29.94% (above 0%: growing) n/m +55.74% (above 0%: growing) 64.44% 5.14% Compare
APYX Apyx Medical Corporation $107.8M — (loss-making) — (loss-making) +22.08% (above 0%: growing) n/m −137.38% (below 0%: shrinking) 63.89% (13.01%) Compare
LUCD Lucid Diagnostics Inc. $105.7M — (loss-making) — (loss-making) +26.74% (above 0%: growing) n/m −7.04% (below 0%: shrinking) 1.97% (868.45%) Compare
Median of peers $139.7M — — +17.19% — +5.24% 64.17% (90.77%)

All 149 Medical Devices stocks →

Neuronetics, Inc. (STIM) key facts

  • Strength: Neuronetics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $149.2 million, up 99.2% from fiscal 2024.
  • Neuronetics, Inc. (STIM) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, STIM traded at $1.89, a market capitalization of $148.6 million.
  • Return on equity was −134.4% and debt-to-equity 2.84.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −3.48 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Neuronetics, Inc. (STIM) Latest News

18 Aug

Impact 4 · transcript
stockrow.com/STIM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com