Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
Tenon Medical, Inc. Warrant (TNONW)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/20/2025: TNONW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -44.44% | Avg. Invested days 7 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/20/2025 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 48182 | Beta - | 52 Weeks Range 0.01 - 0.09 | Updated Date 02/26/2025 |
52 Weeks Range 0.01 - 0.09 | Updated Date 02/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Tenon Medical, Inc. Warrant
Company Overview
History and Background
Tenon Medical, Inc. is a medical device company focused on commercializing implants and instruments for minimally invasive lumbar fusion. Founded in 2012, they have focused on the The CATS Systemu2122 which is a minimally invasive surgical (MIS) system designed to optimize treatment of the SI joint.
Core Business Areas
- Spinal Fusion: Develops and commercializes implants and instruments for minimally invasive spinal fusion procedures.
Leadership and Structure
The leadership team includes individuals with experience in the medical device industry, focusing on innovation and commercialization of surgical solutions.
Top Products and Market Share
Key Offerings
- The CATS Systemu2122: A minimally invasive surgical (MIS) system designed to optimize treatment of the SI joint. Market share data is not readily available. Competitors include SI-BONE, Medtronic, and Globus Medical. Estimated revenue from this product is difficult to ascertain as the company is relatively small and detailed product-specific revenues are not publicly disclosed.
Market Dynamics
Industry Overview
The spinal fusion market is growing, driven by an aging population, increasing prevalence of back pain, and advancements in minimally invasive surgical techniques.
Positioning
Tenon Medical is positioned as an innovator in the minimally invasive spinal fusion market, focusing on proprietary technology and differentiated solutions.
Total Addressable Market (TAM)
The total addressable market is estimated to be in the billions of dollars. Tenon Medical is aiming to capture a share of this market through its innovative products.
Upturn SWOT Analysis
Strengths
- Proprietary technology
- Focus on minimally invasive solutions
- Potential for rapid growth in a large market
- Strong surgeon relationships
Weaknesses
- Limited commercial infrastructure
- Dependence on key products
- Relatively small size compared to competitors
- History of losses
Opportunities
- Expanding product portfolio
- Strategic partnerships
- Increasing adoption of minimally invasive techniques
- Penetrating new markets
Threats
- Competition from larger, established companies
- Pricing pressures
- Regulatory hurdles
- Technological obsolescence
Competitors and Market Share
Key Competitors
- SIBN
- MDT
- GMED
Competitive Landscape
Tenon Medical faces intense competition from larger, more established companies with greater resources. To complete they must compete on innovative products.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by the adoption of The CATS Systemu2122.
Future Projections: Future growth is dependent on continued adoption of their products and expansion into new markets.
Recent Initiatives: Recent initiatives may include expanding their sales force, introducing new products, and securing strategic partnerships.
Summary
Tenon Medical is a growth-stage medical device company with innovative products targeting the minimally invasive spinal fusion market. The company faces competition from larger players but has the potential to capture market share through its proprietary technology. Continued revenue growth and improved profitability are essential for long-term success. Investors should monitor their cash flow and competitive positioning.
Similar Companies
GMED
Globus Medical
GMED
Globus Medical
MDT
Medtronic PLC
MDT
Medtronic PLC
SIBN
Si-Bone Inc
SIBN
Si-Bone Inc
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Please conduct your own research before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Tenon Medical, Inc. Warrant
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2023-06-15 | CEO - | ||
Sector Healthcare | Industry Medical Devices | Full time employees 22 | Website |
Full time employees 22 | Website | ||
Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as stabilizes and transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.