Outset Medical, Inc. (OM)

NASDAQ: OM · IEX Real-Time Price · USD
3.685
+0.075 (2.08%)
May 20, 2024, 10:31 AM EDT - Market open
2.08%
Market Cap 190.86M
Revenue (ttm) 125.08M
Net Income (ttm) -168.77M
Shares Out 51.72M
EPS (ttm) -3.37
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 203,717
Open 3.570
Previous Close 3.610
Day's Range 3.547 - 3.889
52-Week Range 1.920 - 24.130
Beta 1.84
Analysts Buy
Price Target 5.30 (+42.47%)
Earnings Date May 8, 2024

About OM

Outset Medical, Inc., a medical technology company, engages in the development of a hemodialysis system for hemodialysis in the United States. The company offers Tablo Hemodialysis System, a compact console with integrated water purification, on-demand dialysate production, and software and connectivity capabilities for dialysis care in acute and home settings; and manufactures, supports, and distributes for Tablo console, Tablo cartridge, and other consumables. It also provides Tablo Data Ecosystem, including TabloHub, a customer-facing portal... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Sep 15, 2020
Employees 480
Stock Exchange NASDAQ
Ticker Symbol OM
Full Company Profile

Financial Performance

In 2023, Outset Medical's revenue was $130.38 million, an increase of 13.00% compared to the previous year's $115.38 million. Losses were -$172.80 million, 6.04% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for OM stock is "Buy." The 12-month stock price forecast is $5.3, which is an increase of 42.47% from the latest price.

Price Target
$5.3
(42.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Outset Medical Reports First Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset” or the “Company”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexi...

11 days ago - Business Wire

Outset Medical's TabloCart with Prefiltration Receives FDA 510(k) Clearance

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, a...

14 days ago - Business Wire

Outset Medical to Present at Upcoming Investor Conferences

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

18 days ago - Business Wire

Outset Medical to Report First Quarter 2024 Financial Results on Wednesday, May 8, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

4 weeks ago - Business Wire

Outset Medical and U.S. Renal Care Announce Multi-Year Agreement to Accelerate and Grow Home Dialysis Across the U.S.

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, a...

4 weeks ago - Business Wire

Outset Medical Partners with American Nephrology Nurses Association to Support Nephrology Nursing and Patient Care

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

5 weeks ago - Business Wire

Top 5 Health Care Stocks Which Could Rescue Your Portfolio In March - Inspire Veterinary (NASDAQ:IVP), Fractyl Health (NASDAQ:GUTS)

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

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2 months ago - Benzinga

Outset Medical Announces Appointment of Medical Technology Veteran Brent D. Lang to its Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

2 months ago - Business Wire

Outset Medical to Present at the 44th Annual TD Cowen Health Care Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

3 months ago - Business Wire

Outset Medical Reports Fourth Quarter and Full Year 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset” or the “Company”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexi...

3 months ago - Business Wire

Outset Medical to Report Fourth Quarter and Full-Year 2023 Financial Results on Wednesday, February 21, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

3 months ago - Business Wire

Outset Medical Reports Unaudited Fourth Quarter and 2023 Revenue, Provides 2024 Revenue and Non-GAAP Gross Margin Guidance

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

4 months ago - Business Wire

Outset Medical to Present at the 42nd Annual J.P. Morgan Healthcare Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

4 months ago - Business Wire

Outset Medical to Present at BofA Home Care Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

6 months ago - Business Wire

Outset Medical Reports Third Quarter 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset” or the “Company”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexi...

6 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Outset Medical, Inc. - OM

NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Outset Medical, Inc. ("Outset" or the "Company") (NASDAQ: OM). Such investors are advised to con...

7 months ago - PRNewsWire

New Data Insights Unveiled at ASN Kidney Week 2023 Point to the Impact of the Tablo® Hemodialysis System on Equitable Kidney Care

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company reducing the cost and complexity of dialysis with its Tablo® Hemodialysis System, today an...

7 months ago - Business Wire

Outset Medical to Report Third Quarter 2023 Financial Results on Tuesday, November 7, 2023

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

7 months ago - Business Wire

Berman Tabacco Announces Investigation of Outset Medical Inc. (OM) for Potential Securities Law Violations

BOSTON--(BUSINESS WIRE)---- $CS #classaction--Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by Outset Medical Inc. ("Outset" or the "...

7 months ago - Business Wire

Outset Medical Reports Preliminary Third Quarter 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset” or the “Company”), today announced preliminary financial results for the third quarter ended Sept. 30, 2023, and provided...

7 months ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Outset Medical, Inc. (OM) on Behalf of Investors

LOS ANGELES , Oct. 12, 2023 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, continues its investigation on behalf of Outset Medical, Inc. ("Outset ...

7 months ago - PRNewsWire

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation of Outset Medical, Inc. (OM) on Behalf of Investors

BENSALEM, Pa. , Oct. 11, 2023 ­­/PRNewswire/ -- Law Offices of Howard G.

7 months ago - PRNewsWire

The Law Offices of Frank R. Cruz Continues Its Investigation of Outset Medical, Inc. (OM) on Behalf of Investors

LOS ANGELES , Oct. 11, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz continues its investigation of Outset Medical, Inc. ("Outset Medical" or the "Company") (NASDAQ: OM) on behalf of investors...

7 months ago - PRNewsWire

Trace Medical & Outset Medical sign long-term distribution agreement for Tablo® Hemodialysis System

WHITMORE LAKE, Mich.--(BUSINESS WIRE)--Trace Medical, the national leader in advanced respiratory rentals and biomedical services, has announced a long-term distribution agreement with Outset Medical ...

8 months ago - Business Wire

Outset Medical to Present at the Morgan Stanley 21st Annual Global Healthcare Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, t...

9 months ago - Business Wire