TNONTNONHealthcare · Medical Devices

TNON Stock Forecast: TENON Medical, Inc. Price Predictions for 2026-2027

Last close, 21 Aug 2026
$6.83

The 2 Wall Street analysts covering TENON Medical, Inc. hold a median 12-month price target of $44 — +549.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 55 of 100 as at 22 Aug 2026 — in the upper half.

Market cap
$4.6M
Ticker Nerd rank
55 / 100
Median analyst target
$44
Analysts covering
2
Ticker Nerd rank

TNON stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores TENON Medical, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 22 Aug 2026
55 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size
97
Revisions
88
Growth
80
Accruals
60
Volatility
46
Quality
45
Momentum
32
Value
11
Issuance
3

Size (97): Smaller than most of the companies we track.

Issuance (3): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

TNON stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on TNON, reported as data — targets and ratings, the market's view beside the model's.

We don’t hold enough price history for this company yet.

What Wall Street says2 analysts
2 Buy0 Hold0 Sell
Low $10Median $44High $79

The green dot is the last close — the median target sits +549.7% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
9 Apr 2025Alliance Global PartnersInitiatesBuy$3.00
15 Nov 2024Maxim GroupMaintainsBuy
14 Aug 2024BenchmarkReiteratesSpeculative Buy
15 Apr 2024BenchmarkMaintainsSpeculative Buy
10 Mar 2023BenchmarkReiteratesBuy$6.00
6 Sept 2022BenchmarkInitiatesSpeculative Buy
21 June 2022BenchmarkInitiatesSpeculative Buy$6.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. TNON appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

TNON analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
2
Analysts cutting
0
Fundamentals

TENON Medical, Inc. (TNON) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
0.1×

Cheaper than 73% of US stocks

Price / sales
0.9×

Cheaper than 73% of US stocks

Price / book
1.2×

Cheaper than 69% of US stocks

EV / EBITDA
−1.0×

Cheaper than 66% of US stocks

Growth & margins
Revenue growth (YoY)
126.8%

Higher than 95% of US stocks

Earnings growth (YoY)
89.9%

Higher than 83% of US stocks

Gross margin
68.5%

Higher than 81% of US stocks

Operating margin
−262.2%

Higher than 10% of US stocks

Net margin
−257.9%

Higher than 1% of US stocks

Returns & dividend
Return on equity
−551.2%

Higher than 3% of US stocks

Return on assets
−72.0%

Higher than 5% of US stocks

Dividend yield
10.6%

Higher than 91% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

TNON vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelMedical Devices
CompanyMarket capTKN rank
TNONTENON Medical, Inc.$4.6M
55
POASPhaos Technology Holdings (Cayman) Ltd.$4.6M
2
FEEDENvue Medical, Inc.$4.3M
23
XAIRBeyond Air, Inc.$4.8M
38
BMRABiomerica, Inc.$4.9M
35
NUWENuwellis, Inc.$4.2M
17
ITOCiTonic Holdings Ltd.$5.0M
23

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own TENON Medical, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest TNON news & analysis

Tenon Medical, Inc. (TNON) Q2 2026 Earnings Call Transcript

Seeking Alpha · 14 Aug 2026neutral

Tenon Medical, Inc. held its Q2 2026 earnings conference call, during which management discussed the company's financial results and business developments for the quarter.

Why it matters — The earnings call provides investors and analysts with direct insight into Tenon Medical's financial performance and strategic outlook for the period.

Tenon Medical Reports Second Quarter 2026 Financial Results

Accesswire · 13 Aug 2026positive

Tenon Medical reported Q2 2026 revenue of $1.3 million (up 127% year-over-year) and gross profit of $0.8 million (up 232%), along with FDA 510(k) clearance for its updated Catamaran SI Joint Fusion System and a $4.2 million public offering closed after quarter end.

Why it matters — The significant revenue and gross profit growth, new FDA clearance, and increased training events signal accelerating commercial momentum for Tenon Medical's core product.

Tenon Medical, Inc. Announces 1:35 Reverse Stock Split

Accesswire · 6 Aug 2026neutral

Tenon Medical, Inc. announced a 1-for-35 reverse stock split of its issued and outstanding common stock, effective at 12:01 a.m. Eastern Time on August 10, 2026, prior to the start of trading on the Nasdaq Capital Market.

Why it matters — The reverse split will consolidate the company's share count and proportionally increase the per-share stock price, which can affect how TNON shares trade and Nasdaq listing considerations.

Tenon Medical, Inc. Sets Date for Second Quarter 2026 Earnings

Accesswire · 30 July 2026neutral

Tenon Medical, Inc. announced it will release its second quarter 2026 financial results after market close on Thursday, August 13, 2026, and will host a conference call that same day at 4:30 p.m.

Why it matters — This announcement informs TNON watchers of the upcoming date and time for the company's Q2 2026 earnings release and accompanying conference call.

FAQ

Frequently asked questions about TNON stock

What is the TNON stock price forecast for 2026-2027?

The 2 Wall Street analysts covering TENON Medical, Inc. have a median 12-month price target of $44, with estimates ranging from $10 to $79. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is TNON stock a buy right now?

Of the 2 analysts covering TENON Medical, Inc., 2 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks TENON Medical, Inc. 55 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank TNON?

As at 22 Aug 2026, TENON Medical, Inc. ranks 55 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (97 of 100).

Will TNON stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies +549.7% from the last close, and Ticker Nerd's factor model ranks TENON Medical, Inc. 55 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the TNON stock forecast for 2030?

No analyst covering TENON Medical, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for TNON are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $10 to $79 over the next 12 months.

What does TENON Medical, Inc. do?

Tenon Medical Inc. operates within the healthcare sector, specifically focusing on the medical device industry.

What is the latest news on TNON?

The most recent item we track (Seeking Alpha, 14 Aug 2026): "Tenon Medical, Inc. (TNON) Q2 2026 Earnings Call Transcript". Tenon Medical, Inc. held its Q2 2026 earnings conference call, during which management discussed the company's financial results and business developments for the quarter.

Company

About TENON Medical, Inc.

Tenon Medical Inc. operates within the healthcare sector, specifically focusing on the medical device industry. The company is dedicated to advancing the field of surgical solutions, with its primary emphasis being developing and commercializing products that address unmet clinical needs in the spine surgery market. Tenon Medical Inc.'s most notable innovation is the catheter-based system designed to aid in minimally invasive spinal fusion procedures. This system offers a less invasive approach compared to traditional spine surgeries, potentially reducing recovery times and improving patient outcomes. Serving hospitals, medical centers, and surgical professionals, Tenon Medical Inc. plays a pivotal role in modernizing spine surgery techniques through its advanced technological solutions. By innovating in this niche but crucial area of healthcare, the company contributes to the broader medical technology landscape, encouraging the adoption of less invasive methods that can streamline patient care. As such, Tenon Medical Inc. is integral to the ongoing evolution of surgical practices, reflecting broader trends toward minimally invasive solutions in medical interventions.

CEO Mr. Steven M. Foster · 26 employees · United States · https://www.tenonmed.com