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TNON
Upturn stock ratingUpturn stock rating

Tenon Medical Inc (TNON)

Upturn stock ratingUpturn stock rating
$0.88
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

06/16/2025: TNON (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

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $2.75

1 Year Target Price $2.75

Analysts Price Target For last 52 week
$2.75Target price
Low$0.85
Current$0.88
high$9.35

Analysis of Past Performance

Type Stock
Historic Profit 0%
Avg. Invested days 0
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
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 06/16/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 7.42M USD
Price to earnings Ratio -
1Y Target Price 2.75
Price to earnings Ratio -
1Y Target Price 2.75
Volume (30-day avg) 2
Beta 1.23
52 Weeks Range 0.85 - 9.35
Updated Date 07/1/2025
52 Weeks Range 0.85 - 9.35
Updated Date 07/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -2.25

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -506.47%

Management Effectiveness

Return on Assets (TTM) -81.35%
Return on Equity (TTM) -210.97%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1219436
Price to Sales(TTM) 2.26
Enterprise Value 1219436
Price to Sales(TTM) 2.26
Enterprise Value to Revenue 0.37
Enterprise Value to EBITDA -0.13
Shares Outstanding 7589970
Shares Floating 7568339
Shares Outstanding 7589970
Shares Floating 7568339
Percent Insiders 0.29
Percent Institutions 2.01

Analyst Ratings

Rating 1
Target Price 2.75
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Tenon Medical Inc

stock logo

Company Overview

overview logo History and Background

Tenon Medical Inc. is a medical device company focused on developing and commercializing innovative solutions for back pain sufferers. Founded to address limitations in traditional spinal fusion procedures.

business area logo Core Business Areas

  • Spinal Fixation Systems: Development, manufacturing, and commercialization of the CATANIAu2122 SI Joint Fixation System, a minimally invasive surgical system for sacroiliac joint fusion.

leadership logo Leadership and Structure

The leadership team is composed of experienced professionals in medical device development, sales, and marketing. The organizational structure includes departments for research and development, manufacturing, sales, marketing, and regulatory affairs.

Top Products and Market Share

overview logo Key Offerings

  • CATANIAu2122 SI Joint Fixation System: A minimally invasive surgical system for sacroiliac joint fusion. Market share is currently small as the company is still growing. Competitors include SI-BONE (SIBN) and Medtronic (MDT).

Market Dynamics

industry overview logo Industry Overview

The spinal implant and surgical device market is large and growing, driven by an aging population and increasing prevalence of back pain. Innovation in minimally invasive techniques is a key trend.

Positioning

Tenon Medical Inc. is positioned as a provider of minimally invasive SI joint fusion solutions, targeting a specific segment within the broader spinal implant market.

Total Addressable Market (TAM)

The total addressable market for SI joint fusion is estimated to be in the hundreds of millions of dollars annually. Tenon Medical Inc. is positioned to capture a portion of this market with its CATANIA system.

Upturn SWOT Analysis

Strengths

  • Proprietary minimally invasive technology
  • Focus on a specific market segment (SI joint fusion)
  • Potential for faster recovery times compared to traditional fusion

Weaknesses

  • Limited market share
  • Reliance on a single product
  • Small company with limited resources

Opportunities

  • Expansion into new geographic markets
  • Development of new products for spinal disorders
  • Partnerships with larger medical device companies

Threats

  • Competition from established players in the spinal implant market
  • Changes in reimbursement policies
  • Technological advancements that could render their product obsolete

Competitors and Market Share

competitor logo Key Competitors

  • SIBN
  • MDT

Competitive Landscape

Tenon Medical Inc. is a smaller player in a market dominated by larger companies. Their competitive advantage lies in their proprietary technology and focus on minimally invasive SI joint fusion.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is limited as the company has just began with their commercialization phase.

Future Projections: Future growth is dependent on the successful commercialization of the CATANIA system and potential expansion into new markets.

Recent Initiatives: Focus on sales and marketing efforts to increase adoption of the CATANIA system.

Summary

Tenon Medical Inc. is a small company with a focused product offering in the spinal implant market. While they have a proprietary technology, they face significant competition from larger, more established players. Successful commercialization of the CATANIA system is critical for their future growth. The company needs to carefully manage its resources and adapt to changes in the market.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company website
  • SEC filings
  • Industry reports
  • Analyst reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate and may vary. Financial data is limited based on public availabliity.

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 Tenon Medical Inc

Exchange NASDAQ
Headquaters Los Gatos, CA, United States
IPO Launch date 2022-04-27
CEO, President & Director Mr. Steven M. Foster
Sector Healthcare
Industry Medical Devices
Full time employees 27
Full time employees 27

Tenon Medical, Inc., a medical device company, engages in the development of implant for the treatment of severe lower back pain in the United States. The company offers Catamaran SI-Joint Fusion System, an invasive approach to the sacroiliac joint (SI Joint) using a titanium implant for treatment of the most common types of SI Joint disorders that cause lower back pain. It also provides Catamaran Fixation Device which passes through both the axial and sagittal planes of the ilium and sacrum, transfixing the SI Joint along its longitudinal axis. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.