STIM · NASDAQ · Medical - Devices

Neuronetics

Sells NeuroStar TMS systems and operates Greenbrook mental-health treatment centers.

$2.97
After-hours close+0.03 (+0.89%)
At close$2.94(−0.68%)
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Profile

Neuronetics, Inc.STIMHealth Care

Sells NeuroStar TMS systems, recurring treatment sessions, and direct clinic services for depression-related care. The Greenbrook acquisition shifted the model into medical device and clinic services segments, with operations concentrated in the United States.

Sells and supports the NeuroStar Advanced Therapy System, a transcranial magnetic stimulation platform used for major depressive disorder and related mental-health indications. Revenue comes from system placements, recurring treatment sessions, service and support, and Greenbrook clinic services.

Operates mostly in the United States after the Greenbrook acquisition, which added company-operated treatment centers and shifted the business into a vertically integrated model. Medical device and clinic services are now the reported operating segments.

Execution depends on provider adoption, clinic utilization, FDA-cleared indications, and third-party insurance coverage for treatments using its products and services.

Company facts

CEODan Reuvers
ListedJun 28, 2018
ExchangeNASDAQ
HeadquartersMalvern, PA
CountryUnited States
Employees658
CIK0001227636
ISINUS64131A1051

Key statistics

Market cap$204.6M
EPS (ttm)−$0.4300
P/E (ttm)−6.84
ROE-150.6%
P/B11.75
P/S1.32
Dividend yield
Beta2.18vs XLV 0.39

Year to date +104% · Average volume (30d) 2.6M

Analysts

Price target, next 12 months$5.00+70.1%Median of 7 analysts · vs the Aug 28 close
ConsensusBuy6 of 7 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingTarget
Jul 20, 2026BTIGInitiateBuy$5

Earnings

EPS

Estimate−$0.09
ReportedDue Nov 3, 2026

Revenue

Estimate$40.3M
ReportedDue Nov 3, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 11, 2026Q2 FY26−$0.12−$0.05+59.3%$40.2M$41.6M+3.5%+47.00%
May 5, 2026Q1 FY26−$0.17−$0.16+5.9%$34.2M$34.5M+0.8%−11.98%
Mar 17, 2026Q4 FY25−$0.12−$0.10+16.7%$40.7M$41.8M+2.7%+9.76%
Nov 4, 2025Q3 FY25−$0.12−$0.13−8.3%$37.8M$37.3M−1.5%−4.53%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$32.0M$38.1M$37.3M$41.8M$34.5M$41.6M
Gross profit$15.7M$17.8M$17.1M$21.7M$16.2M$21.2M
Operating income−$11.0M−$8.1M−$7.3M−$5.0M−$9.0M−$1.5M
Net income−$12.7M−$10.1M−$9.0M−$7.2M−$10.8M−$3.4M
Diluted EPS−$0.21−$0.15−$0.13−$0.10−$0.16−$0.04
Gross margin49.2%46.6%45.9%52.0%46.9%51.1%
Operating margin-34.4%-21.1%-19.6%-12.1%-26.1%-3.6%

Fiscal years (4-quarter sums)FY21 $55.3M · FY22 $65.2M · FY23 $71.3M · FY24 $74.9M · FY25 $149.2M

Revenue by product · Q2 FY26

Service$26.9M · 65%
Product$14.7M · 35%

Revenue by geography · Q2 FY26

Non-US$1.0M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $19.4M · Total debt $86.5M · Total assets $131.5M · Shareholders' equity $17.9M

Dividends

No dividends on record.

Ownership

Institutions 59.85%41.65M sharesInsiders 13.57%9.44M sharesOther 26.58%18.50M shares

Shares outstanding 69.59M · Float 28.29M · 40.7% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Chernett Jorey10.60M13.92%13DAug 24, 2026
Parian Ultreia LP4.84M7.00%13GMar 17, 2026
Point72 Asset Management, L.P.3.82M5.00%13GAug 14, 2026
UBS Group AG2.87M4.13%13FMay 5, 2026
Balyasny Asset Management L.P.2.74M3.94%13FMay 15, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 13, 2026Jorey Chernett10 percent owner−100$5.00
Aug 14, 2026Jorey Chernett10 percent owner+14,000$3.16
Jul 14, 2026Jorey Chernett10 percent owner+35,000$1.78
Mar 19, 2026Steven Pfanstielofficer: Former EVP, CFO and Treasurer−25,000$1.34
May 19, 2026Jorey Chernett10 percent owner+100,000$1.17
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Neuronetics$2.97+0.89%$204.6M1.3+9.1%
BrainsWay (ADR)$14.30+0.85%$560.9M32.535.49.0+35.4%
LifeStance Health$12.36+0.49%$4.77B94.956.03.0+26.1%
Johnson & Johnson$268.40+0.13%$645.95B31.122.46.6+6.6%
Acadia Healthcare$28.55−0.04%$2.66B17.20.8−0.4%
Median32.528.94.8+16.3%