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OM

Outset Medical, Inc.

OM

NASDAQ·Healthcare·Medical - Devices·Mkt cap $66.5M

$3.59

+0.70%

P/E

Mkt Cap

$66.5M

52-Wk Range

$3.00–$16.16

52-Week Range

$3.00 - $16.16

P/E

Fwd P/E

-1.16

Beta

1.90

Div Yield

0.00%

Avg Vol

194.1K

Shares Out

18.3M

Mkt Cap

$66.5M

Price action

Price chart

Down 74.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary integrated water purification and on-demand dialysate production technology
  • Compact, portable system design enabling home and point-of-care dialysis
  • Connected software platform for remote patient monitoring and treatment optimization
  • First-mover advantage in portable hemodialysis systems

Bear Case

1 risk

  • Above-average volatility (beta 1.9).

Growth

Stable outlook

Expanding home dialysis adoption driven by patient preference and cost reduction

Value

Deep value opportunity - significant discount to Medical Devices peers

Momentum

Weak

-16.9% over 3m

Quality

Strong

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 9, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of -$0.80 vs -$0.72 consensus (-11.6% surprise). Revenue of $31.6M vs $29.0M expected (+9.2%).

EPS miss
Rev beat +9.2%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-11.6%

Revenue trend · last 8Q

-3%

+6%

+15%

+3%

-2%

-6%

+1%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$28.7M

$29.5M

$29.8M

$31.4M

$29.4M

$28.9M

$27.9M

$31.6M

Margins · last 8Q

Gross

42.0%

Operating

-49.5%

Profit

-56.9%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How OM stacks vs Medical - Devices

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.