| Indicators | Browse All

Tenon Medical, Inc. (TNON)

Healthcare | Medical Devices | Los Gatos, United States | NasdaqCM
3.04 USD +0.06 (2.013%) ⇧ (Oct. 13, 2026, 9:32 a.m. EDT)

Short-term:⯪☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 6:46 a.m. EDT

The immediate outlook is severely bearish as the stock trades at a fraction of its historical value, having lost nearly 99% of its worth over the last three years. While recent headlines celebrate a successful capital raise to regain Nasdaq compliance, this defensive maneuver highlights a desperate need for liquidity rather than organic growth. The company is burning through cash aggressively, with operating cash flow and free cash flow both deeply negative, while the balance sheet shows negative book value and debt significantly exceeding cash reserves. Although revenue growth appears robust on paper, the market has clearly priced in a fundamental deterioration, evidenced by three consecutive years of massive price declines. With no dividend to provide income and a statistical forecast model indicating a very low probability of a short-term rebound, the investment case remains overwhelmingly negative.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.382253
AutoARIMA0.422928
AutoETS0.466343
MSTL0.564645

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 29%
H-stat 10.60
Ljung-Box p 0.000
Jarque-Bera p 0.273
Excess Kurtosis -0.07
Attribute Value
Sector Healthcare
Revenue per Share 18.101
Market Cap 8,173,754
Forward P/E -0.25
Beta 1.36
Profit Margins -257.85%
Website https://www.tenonmed.com

Info Dump

Attribute Value
52 Week Change -0.93021077
Address1 104 Cooper Court
All Time High 167,692.0
All Time Low 2.4
Ask 4.54
Ask Size 2
Average Daily Volume10 Day 6,327,620
Average Daily Volume3 Month 6,410,210
Average Volume 6,410,210
Average Volume10Days 6,327,620
Beta 1.356
Bid 2.7
Bid Size 2
Book Value -14.567
City Los Gatos
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.04
Current Ratio 0.579
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 3.04
Day Low 2.98
Display Name Tenon Medical
Dividend Yield 0.0
Earnings Call Timestamp End 1,786,653,000
Earnings Call Timestamp Start 1,786,653,000
Earnings Timestamp 1,786,651,200
Earnings Timestamp End 1,794,513,600
Earnings Timestamp Start 1,794,513,600
Ebitda -11,798,000
Ebitda Margins -2.22101
Enterprise To Ebitda -0.768
Enterprise To Revenue 1.706
Enterprise Value 9,062,800
Eps Current Year -21.25
Eps Forward -12.02001
Eps Trailing Twelve Months -44.86
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.7583
Fifty Day Average Change -1.7182999
Fifty Day Average Change Percent -0.36111635
Fifty Two Week Change Percent -93.02108
Fifty Two Week High 50.4
Fifty Two Week High Change -47.36
Fifty Two Week High Change Percent -0.93968254
Fifty Two Week Low 2.4
Fifty Two Week Low Change 0.63999987
Fifty Two Week Low Change Percent 0.2666666
Fifty Two Week Range 2.4 - 50.4
Financial Currency USD
First Trade Date Milliseconds 1,651,066,200,000
Float Shares 620,827
Forward Eps -12.02001
Forward P E -0.2529116
Free Cashflow -6,116,125
Full Exchange Name NasdaqCM
Full Time Employees 26
Fullday Change 0.059999943
Fullday Change Percent 2.0134208
Fullday Price 3.04
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.66810995
Gross Profits 3,549,000
Has Pre Post Market Data 1
Held Percent Insiders 0.02248
Held Percent Institutions 0.01721
Implied Shares Outstanding 2,688,735
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,786,320,000
Last Split Factor 1:35
Long Business Summary 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 inferior-posterior 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.
Long Name Tenon Medical, Inc.
Market us_market
Market Cap 8,173,754
Market State REGULAR
Max Age 86,400
Message Board Id finmb_223115679
Most Recent Quarter 1,782,777,600
Net Income To Common -13,697,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,181,243
Number Of Analyst Opinions 2
Open 2.98
Operating Cashflow -11,766,000
Operating Margins -2.62236
Payout Ratio 0.0
Phone 408 649 5760
Previous Close 2.98
Price Eps Current Year -0.14305882
Price Hint 4
Price To Book -0.20869087
Price To Sales Trailing12 Months 1.5387338
Profit Margins -2.5785
Quick Ratio 0.436
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.059999943
Regular Market Change Percent 2.0134208
Regular Market Day High 3.04
Regular Market Day Low 2.98
Regular Market Day Range 2.98 - 3.04
Regular Market Open 2.98
Regular Market Previous Close 2.98
Regular Market Price 3.04
Regular Market Time 1,791,898,355
Regular Market Volume 19,024
Return On Assets -0.71977997
Return On Equity -5.51187
Revenue Growth 1.268
Revenue Per Share 18.101
Sand P52 Week Change 0.17502642
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 2,688,735
Shares Percent Shares Out 0.0379
Shares Short 60,789
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 130,094
Short Name Tenon Medical, Inc.
Short Percent Of Float 0.0388
Short Ratio 0.0
Source Interval 15
State CA
Symbol TNON
Target High Price 78.75008
Target Low Price 10.0
Target Mean Price 44.37504
Target Median Price 44.37504
Total Cash 1,677,000
Total Cash Per Share 2.514
Total Debt 5,678,000
Total Revenue 5,312,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -44.86
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.3502
Two Hundred Day Average Change -16.3102
Two Hundred Day Average Change Percent -0.8428956
Type Disp Equity
Volume 19,024
Website https://www.tenonmed.com
Zip 95,032