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908 Devices Inc. (MASS)

Healthcare | Medical Devices | Burlington, United States | NasdaqGM
7.95 USD -0.15 (-1.852%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 7.95

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:29 a.m. EDT

The investment case here is defined by a stark disconnect between the company's deteriorating fundamentals and aggressive speculative positioning. Fundamentally, the business is in a severe freefall; the stock has lost over 80% of its value over the last four years, and the company is burning cash with negative operating margins and no return on equity. The balance sheet, while currently liquid, supports a struggling operation rather than a fortress, and the lack of a dividend reflects the reality of capital preservation needs. However, the options market tells a completely different story. Traders are ignoring the value traps and instead placing massive bets on a rebound, with call open interest concentrated well above current prices. This suggests the market sees a potential catalyst—perhaps the RedWave earnout completion or a pivot in medical device demand—that could force a rapid re-rating. For a short-term trader, this options flow provides a bullish bias, but the long-term outlook remains deeply bearish given the persistent losses and lack of sustainable profitability.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.100653
AutoETS0.104394
AutoARIMA0.106120
MSTL_740.110164
AutoTheta0.122130
MSTL_74_1150.141641
MSTL_1150.157732

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 33%
H-stat 3.64
Ljung-Box p 0.000
Jarque-Bera p 0.088
Excess Kurtosis -1.26
Attribute Value
Sector Healthcare
Debt to Equity Ratio 3.329
Revenue per Share 1.594
Market Cap 326,166,272
Forward P/E -27.73
Beta 0.63
Profit Margins -62.40%
Website https://908devices.com

As of July 11, 2026, 4:29 a.m. EDT: Speculators are overwhelmingly bullish, positioning heavy call volume and open interest at strikes significantly above the current price ($10, $12.50), while put activity is negligible. This indicates a strong speculative bet on a rapid recovery toward the analyst mean target, despite the underlying fundamentals remaining distressed.


Info Dump

Attribute Value
52 Week Change 0.2053572
Address1 44 3rd Avenue
All Time High 79.6
All Time Low 1.81
Ask 10.08
Ask Size 2
Audit Risk 4
Average Daily Volume10 Day 328,720
Average Daily Volume3 Month 290,639
Average Volume 290,639
Average Volume10Days 328,720
Beta 0.628
Bid 5.74
Bid Size 2
Board Risk 6
Book Value 3.586
City Burlington
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 7.95
Current Ratio 3.581
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.06
Day Low 7.81
Debt To Equity 3.329
Display Name 908 Devices
Earnings Call Timestamp End 1,778,070,600
Earnings Call Timestamp Start 1,778,070,600
Earnings Timestamp 1,778,070,600
Earnings Timestamp End 1,785,846,600
Earnings Timestamp Start 1,785,846,600
Ebitda -18,883,000
Ebitda Margins -0.32669
Enterprise To Ebitda -10.239
Enterprise To Revenue 3.345
Enterprise Value 193,342,288
Eps Current Year -0.36333
Eps Forward -0.28667
Eps Trailing Twelve Months -0.97
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.032
Fifty Day Average Change -0.08199978
Fifty Day Average Change Percent -0.010209137
Fifty Two Week Change Percent 20.535719
Fifty Two Week High 9.34
Fifty Two Week High Change -1.3900003
Fifty Two Week High Change Percent -0.14882231
Fifty Two Week Low 5.025
Fifty Two Week Low Change 2.9249997
Fifty Two Week Low Change Percent 0.5820895
Fifty Two Week Range 5.025 - 9.34
Financial Currency USD
First Trade Date Milliseconds 1,608,301,800,000
Float Shares 24,185,592
Forward Eps -0.28667
Forward P E -27.732235
Free Cashflow 13,737,500
Full Exchange Name NasdaqGM
Full Time Employees 172
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.52013
Gross Profits 30,064,000
Has Pre Post Market Data 1
Held Percent Insiders 0.082100004
Held Percent Institutions 0.82807
Implied Shares Outstanding 41,027,204
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ipo Expected Date 2,020-12-18
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 908 Devices Inc. provides purpose-built handheld mass spectrometry and fourier transform infrared (FTIR) devices for use in vital health and safety applications. The company's products include MX908, a handheld, battery-powered, and Mass Spec device that is designed for rapid analysis of solid, liquid, vapor, and aerosol materials of unknown identity; XplorIR, a handheld device that uses FTIR spectroscopy to identify, quantify, and track gases and vapors; ThreatID, a portable FTIR device that rapidly detects and identifies approximately 28,000 unknown gas, vapor, powder, and liquid chemical hazards; ProtectIR, a handheld FTIR device that can identify approximately 23,000 solid and liquid chemical hazards; and VipIR, a handheld 3-in-1 analyzer that integrates FTIR, Raman spectroscopy, and smart spectral processing (SSP), a proprietary algorithm, to provide a single result from just one sample. It operates in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of Americas. The company was incorporated in 2012 and is headquartered in Burlington, Massachusetts.
Long Name 908 Devices Inc.
Market us_market
Market Cap 326,166,272
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_216496942
Most Recent Quarter 1,774,915,200
Net Income To Common -35,395,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 332,320,352
Number Of Analyst Opinions 2
Open 8.09
Operating Cashflow -7,464,000
Operating Margins -0.48599
Overall Risk 9
Payout Ratio 0.0
Phone 857 254 1500
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 7.95
Post Market Time 1,783,981,119
Previous Close 8.1
Price Eps Current Year -21.880934
Price Hint 2
Price To Book 2.2169547
Price To Sales Trailing12 Months 5.6429176
Profit Margins -0.62402
Quick Ratio 3.066
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.150001
Regular Market Change Percent -1.85186
Regular Market Day High 8.06
Regular Market Day Low 7.81
Regular Market Day Range 7.81 - 8.06
Regular Market Open 8.09
Regular Market Previous Close 8.1
Regular Market Price 7.95
Regular Market Time 1,783,972,801
Regular Market Volume 120,464
Return On Assets -0.07576
Return On Equity -0.24111
Revenue Growth 0.136
Revenue Per Share 1.594
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 41,027,204
Shares Percent Shares Out 0.08140001
Shares Short 3,079,686
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 3,174,344
Short Name 908 Devices Inc.
Short Percent Of Float 0.1739
Short Ratio 9.12
Source Interval 15
State MA
Symbol MASS
Target High Price 12.0
Target Low Price 10.0
Target Mean Price 11.0
Target Median Price 11.0
Total Cash 111,742,000
Total Cash Per Share 2.955
Total Debt 4,466,000
Total Revenue 57,801,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.97
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 7.058975
Two Hundred Day Average Change 0.8910246
Two Hundred Day Average Change Percent 0.12622577
Type Disp Equity
Volume 120,464
Website https://908devices.com
Zip 1,803