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Si-Bone Inc (SIBN)

Upturn stock ratingUpturn stock rating
$15.7
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

09/12/2025: SIBN (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $25

1 Year Target Price $25

Analysts Price Target For last 52 week
$25 Target price
52w Low $11.7
Current$15.7
52w High $20.05

Analysis of Past Performance

Type Stock
Historic Profit -32.95%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/12/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 677.31M USD
Price to earnings Ratio -
1Y Target Price 25
Price to earnings Ratio -
1Y Target Price 25
Volume (30-day avg) 9
Beta 0.81
52 Weeks Range 11.70 - 20.05
Updated Date 09/14/2025
52 Weeks Range 11.70 - 20.05
Updated Date 09/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.57

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -12.83%
Operating Margin (TTM) -14.4%

Management Effectiveness

Return on Assets (TTM) -7.59%
Return on Equity (TTM) -14.18%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 568702695
Price to Sales(TTM) 3.66
Enterprise Value 568702695
Price to Sales(TTM) 3.66
Enterprise Value to Revenue 3.07
Enterprise Value to EBITDA -14.15
Shares Outstanding 43140900
Shares Floating 39252212
Shares Outstanding 43140900
Shares Floating 39252212
Percent Insiders 2.98
Percent Institutions 96.62

ai summary icon Upturn AI SWOT

Si-Bone Inc

stock logo

Company Overview

overview logo History and Background

SI-BONE, Inc. was founded in 2008 and is headquartered in Santa Clara, California. The company focuses on developing and commercializing minimally invasive surgical (MIS) devices for the treatment of sacroiliac (SI) joint dysfunction. It has evolved from a research and development phase to a commercial entity with a global presence.

business area logo Core Business Areas

  • Sacroiliac Joint Fusion: SI-BONE's primary business is the iFuse Implant System, a minimally invasive surgical procedure for SI joint fusion.

leadership logo Leadership and Structure

Laura S. Francis is the Chief Executive Officer. The organizational structure includes departments for sales, marketing, research and development, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • iFuse Implant System: The iFuse Implant System is a minimally invasive surgical option for patients suffering from SI joint pain. Competitors include other SI joint fusion systems from companies like Medtronic and Globus Medical. SI-BONE reports that 80% of SI joint fusion is performed using its iFuse system. Number of patients undergoing Si-Bone procedure is approximately 40,000 annually

Market Dynamics

industry overview logo Industry Overview

The market for SI joint fusion is growing due to increasing awareness of SI joint dysfunction as a cause of lower back pain and the development of minimally invasive surgical techniques.

Positioning

SI-BONE is a leader in the SI joint fusion market, known for its iFuse Implant System and clinical research supporting its efficacy. It holds a significant market share in minimally invasive SI joint fusion.

Total Addressable Market (TAM)

The estimated TAM for SI joint fusion is upwards of $2 billion annually, based on the prevalence of SI joint dysfunction and the potential number of patients who could benefit from the procedure. Si-Bone is positioned to capture a significant portion of this market through its established presence and clinical data.

Upturn SWOT Analysis

Strengths

  • First mover advantage in minimally invasive SI joint fusion
  • Strong clinical evidence supporting the iFuse Implant System
  • Established distribution network
  • Focused on a specific niche market

Weaknesses

  • Reliance on a single product (iFuse Implant System)
  • Reimbursement challenges from insurance providers
  • Limited product diversification
  • Smaller market capitalization compared to competitors

Opportunities

  • Expanding into new geographic markets
  • Developing new products for related orthopedic conditions
  • Increasing awareness of SI joint dysfunction among healthcare professionals and patients
  • Capitalizing on the trend towards minimally invasive surgery

Threats

  • Competition from larger orthopedic companies
  • Changes in reimbursement policies
  • Potential for product liability claims
  • Economic downturn affecting healthcare spending

Competitors and Market Share

competitor logo Key Competitors

  • MDT
  • GMED
  • NXTC

Competitive Landscape

SI-BONE competes with larger orthopedic companies like Medtronic (MDT) and Globus Medical (GMED) that offer alternative SI joint fusion systems. SI-BONE's advantage lies in its focus on minimally invasive techniques and its strong clinical evidence, while its disadvantages include its smaller size and limited product diversification.

Growth Trajectory and Initiatives

Historical Growth: Historical growth requires access to live updated data which I do not have the ability to access.

Future Projections: Future projections require access to live updated data which I do not have the ability to access.

Recent Initiatives: Recent initiatives include expanding the sales force, increasing marketing efforts to raise awareness of SI joint dysfunction, and pursuing new clinical research to support the iFuse Implant System.

Summary

SI-BONE is a key player in the growing SI joint fusion market, primarily through its iFuse Implant System. The company's strengths include a strong clinical record and focused approach, but it faces challenges from larger competitors and reimbursement hurdles. Future success depends on expanding its product line, navigating regulatory challenges, and maintaining its innovative edge in the SI joint market. Revenue growth will be based on increased adoption and penetration of the iFuse product.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share data are estimates and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Si-Bone Inc

Exchange NASDAQ
Headquaters Santa Clara, CA, United States
IPO Launch date 2018-10-17
CEO & Director Ms. Laura A. Francis MBA
Sector Healthcare
Industry Medical Devices
Full time employees 349
Full time employees 349

SI-BONE, Inc., a medical device company, focuses on solving musculoskeletal disorders of the sacropelvic anatomy in the United States and internationally. The company offers proprietary minimally invasive surgical implant systems to address sacroiliac joint dysfunction and degeneration, adult deformity and degeneration, and pelvic trauma, as well as implantable bone products. It also provides iFuse-3D, a titanium implant that combines the triangular cross-section of the iFuse implant with a proprietary 3D-printed porous surface and fenestrated design; iFuse TORQ, a line of 3D-printed threaded implants designed for applications in pelvic trauma and sacroliliac fusion; and iFuse Bedrock Granite Implant System that provides sacroiliac fusion and sacropelvic fixation as a foundational element for segmental spinal fusion; and iFuse TORQ TNT to treat pelvic trauma and sacroiliac joint dysfunction, as well as iFuse INTRA implants that are marketed as human cells, tissues, and cellular or tissue-based products. The company markets its products primarily with a direct sales force, as well as through third-party sales agent and resellers. SI-BONE, Inc. was incorporated in 2008 and is headquartered in Santa Clara, California.