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TNON
Upturn stock ratingUpturn stock rating

Tenon Medical Inc (TNON)

Upturn stock ratingUpturn stock rating
$1.4
Last Close (24-hour delay)
Profit since last BUY27.27%
upturn advisory
Consider higher Upturn Star rating
BUY since 17 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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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

08/14/2025: TNON (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration 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
$2.75 Target price
52w Low $0.85
Current$1.4
52w High $9.35

Analysis of Past Performance

Type Stock
Historic Profit 27.27%
Avg. Invested days 17
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 11.05M USD
Price to earnings Ratio 0.25
1Y Target Price 2.75
Price to earnings Ratio 0.25
1Y Target Price 2.75
Volume (30-day avg) 2
Beta 1.24
52 Weeks Range 0.85 - 9.35
Updated Date 08/15/2025
52 Weeks Range 0.85 - 9.35
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) 5.52

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 0.25
Forward PE -
Enterprise Value 7245110
Price to Sales(TTM) 3.36
Enterprise Value 7245110
Price to Sales(TTM) 3.36
Enterprise Value to Revenue 2.46
Enterprise Value to EBITDA -0.13
Shares Outstanding 7892220
Shares Floating 7217530
Shares Outstanding 7892220
Shares Floating 7217530
Percent Insiders 14.52
Percent Institutions 2.71

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, manufacturing, and marketing innovative surgical solutions for the treatment of the sacroiliac joint (SI joint). Founded in 2012, Tenon Medical aims to address the limitations of existing SI joint fusion procedures with its minimally invasive, anatomically designed system.

business area logo Core Business Areas

  • SI Joint Fusion Systems: Tenon Medical's primary focus is the development and commercialization of its CATAMARAN SI Joint Fusion System. This system is designed for minimally invasive SI joint fusion, aiming to provide stability and long-term pain relief.

leadership logo Leadership and Structure

The company's leadership team consists of experienced professionals in the medical device industry, including the CEO, CFO, and key executives overseeing research and development, sales, and marketing. The organizational structure typically involves departments focused on product development, regulatory affairs, sales, marketing, and operations.

Top Products and Market Share

overview logo Key Offerings

  • CATAMARAN SI Joint Fusion System: Tenon Medical's flagship product, designed for minimally invasive SI joint fusion. Market share data is not readily available. The TAM is described below. Competitors include SI-BONE (SIBN), Medtronic (MDT), and Globus Medical (GMED).

Market Dynamics

industry overview logo Industry Overview

The SI joint fusion market 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

Tenon Medical positions itself as an innovator in minimally invasive SI joint fusion, offering a unique system designed for anatomical placement and stability.

Total Addressable Market (TAM)

The estimated TAM for SI joint fusion is several billion USD annually. Tenon Medical is positioned to capture a portion of this market through continued product development and commercial expansion.

Upturn SWOT Analysis

Strengths

  • Innovative product design
  • Minimally invasive approach
  • Focus on SI joint fusion
  • Strong intellectual property portfolio

Weaknesses

  • Limited market share compared to larger competitors
  • Reliance on a single product line
  • Need to expand sales and marketing infrastructure
  • Cash burn.

Opportunities

  • Expanding market for SI joint fusion
  • Increasing adoption of minimally invasive techniques
  • Potential for strategic partnerships
  • Product pipeline expansion

Threats

  • Competition from established medical device companies
  • Reimbursement pressures
  • Regulatory hurdles
  • Technological advancements by competitors

Competitors and Market Share

competitor logo Key Competitors

  • SIBN
  • MDT
  • GMED

Competitive Landscape

Tenon Medical is smaller when compared to larger competitors like Medtronic and Globus Medical, which have greater resources and established market presence. Tenon Medical's advantage lies in its focus and innovation, but its disadvantages are smaller market share, funding and resources.

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends can be assessed by examining revenue and sales data over the past several years.

Future Projections: Future growth projections are based on analyst estimates and management guidance.

Recent Initiatives: Recent strategic initiatives may include product launches, partnerships, and market expansion efforts. Information from press releases should be consulted.

Summary

Tenon Medical is a small but innovative medical device company in the SI joint fusion market. They focus on minimally invasive products, giving them a competitive edge. However, they need to increase sales and market share to compete with larger companies. Reimbursement changes and market competition are things they need to keep an eye on.

Peer Comparison

Sources and Disclaimers

Data Sources:

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

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance may change.

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.