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SI-Bone Inc (DE:2K3)
FRANKFURT:2K3

SI-Bone (2K3) Price & Analysis

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2K3 Stock Chart & Stats

€16.20
€0.10(0.71%)
At close: 4:00 PM EDT
€16.20
€0.10(0.71%)

Bulls Say, Bears Say

Bulls Say
Revenue And Procedure GrowthSustained double-digit revenue and procedure growth indicates expanding adoption of SI-BONE’s products and increasing utilization by surgeons. This supports a broader commercial base, improves operating leverage as volume scales, and provides a durable foundation for continued expansion over the next several quarters.
High Margins And Improving EBITDAThe combination of consistently high gross margins and sharply improving adjusted EBITDA shows that growth is becoming more economically productive. If maintained, this margin structure can help offset commercial investment, support operating leverage, and move the company closer to sustainable profitability.
Conservatively Levered Balance SheetVery low leverage and substantial equity provide financial flexibility while SI-BONE continues investing in products, surgical capacity, and commercial expansion. The balance sheet reduces dependence on debt financing and gives the company greater resilience as it works toward consistent profitability.
Bears Say
Persistent GAAP LossesDespite meaningful improvement, SI-BONE remains GAAP loss-making, so revenue growth has not yet translated into durable bottom-line earnings. Continued losses can constrain internally generated capital, leave results sensitive to investment spending, and delay proof of a fully self-sustaining business model.
Free Cash Flow Remains NegativeNegative free cash flow indicates that the company is not yet consistently self-funding after capital expenditures and other investment needs. This may require continued use of existing liquidity to support expansion, capacity investments, and development programs before cash generation becomes durable.
Sterile Packaging Recall RiskThe sterile-barrier packaging recall introduces operational and regulatory risk beyond its direct cost, including potential infection concerns and scrutiny of manufacturing controls. Although no adverse events were reported and revenue impact was expected to be limited, remediation could distract management and affect product confidence.

SI-Bone News

2K3 FAQ

What was SI-Bone Inc’s price range in the past 12 months?
SI-Bone Inc lowest stock price was €9.65 and its highest was €17.90 in the past 12 months.
    What is SI-Bone Inc’s market cap?
    SI-Bone Inc’s market cap is €706.83M.
      When is SI-Bone Inc’s upcoming earnings report date?
      SI-Bone Inc’s upcoming earnings report date is Nov 09, 2026 which is in 57 days.
        How were SI-Bone Inc’s earnings last quarter?
        SI-Bone Inc released its earnings results on Aug 03, 2026. The company reported -€0.077 earnings per share for the quarter, beating the consensus estimate of -€0.128 by €0.051.
          Is SI-Bone Inc overvalued?
          According to Wall Street analysts SI-Bone Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does SI-Bone Inc pay dividends?
            SI-Bone Inc does not currently pay dividends.
            What is SI-Bone Inc’s EPS estimate?
            SI-Bone Inc’s EPS estimate is -0.11.
              How many shares outstanding does SI-Bone Inc have?
              SI-Bone Inc has 44,818,577 shares outstanding.
                What happened to SI-Bone Inc’s price movement after its last earnings report?
                SI-Bone Inc reported an EPS of -€0.077 in its last earnings report, beating expectations of -€0.128. Following the earnings report the stock price went down -4.575%.
                  Which hedge fund is a major shareholder of SI-Bone Inc?
                  Currently, no hedge funds are holding shares in DE:2K3
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    SI-Bone Inc

                    SI-BONE, Inc. is a medical technology company that develops and markets specialized implantable solutions for musculoskeletal conditions affecting the sacropelvic region. These devices are utilized across the United States and internationally. Its flagship product, iFuse, is a minimally invasive surgical implant system designed to address a range of indications, including sacroiliac joint dysfunction and degeneration, adult spinal deformities, and traumatic fractures of the pelvic ring. Beyond iFuse, the company offers advanced iterations like iFuse-3D. This titanium implant retains the distinctive triangular cross-section of the original iFuse but incorporates a proprietary 3D-printed porous surface and a fenestrated design. Another offering is iFuse-TORQ, a series of 3D-printed threaded implants. These are specifically engineered for treating pelvic fractures and facilitating minimally invasive sacroiliac joint fusion procedures. SI-BONE distributes its products primarily through a dedicated direct sales force, complemented by a network of independent distributors. Established in 2008, the company maintains its corporate headquarters in Santa Clara, California.

                    SI-Bone (2K3) Earnings & Revenues

                    2K3 Company Deck

                    2K3 Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The earnings call highlighted strong top-line growth, expanding physician adoption, robust gross margins, and meaningful improvement in adjusted EBITDA and cash balances. Management filed a 510(k) for a third breakthrough device, expects phased commercial launch in Q4, and benefited from favorable reimbursement actions (new DRGs and proposed SI joint increases). At the same time, the company remains modestly unprofitable on a GAAP basis, is investing in capacity and R&D which will cause near-term variability in cash flow and depreciation, and is taking a conservative view on near-term guidance due to seasonality and timing of catalysts. Overall, positives (growth, margin strength, reimbursement tailwinds, product pipeline and liquidity) outweigh near-term execution and timing risks.View all DE:2K3 earnings summaries

                    2K3 Stock 12 Month Forecast

                    Average Price Target

                    €21.10
                    ▲(30.24% Upside)
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