Sanara MedTech Inc.

NasdaqCM:SMTI Stock Report

Market Cap: US$316.5m

Sanara MedTech Management

Management criteria checks 1/4

Sanara MedTech's CEO is Seth Yon, appointed in Sep 2025, has a tenure of less than a year. total yearly compensation is $3.45M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 1.19% of the company’s shares, worth $3.77M. The average tenure of the management team and the board of directors is 1.6 years and 4.6 years respectively.

Key information

Seth Yon

Chief executive officer

US$3.5m

Total compensation

CEO salary percentage13.87%
CEO tenureless than a year
CEO ownership1.2%
Management average tenure1.6yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Narrative Update Jul 31

SMTI: MiMedx Deal Will Frame Future Upside And Downside Risk

Sanara MedTech's analyst fair value estimate has been adjusted from $36.00 to $32.00. Analysts point to the announced $35 per share acquisition by MiMedx and expectations for ongoing product and access expansion as key factors behind the updated price framework.
Analysis Article Jul 30

Is There Now An Opportunity In Sanara MedTech Inc. (NASDAQ:SMTI)?

Sanara MedTech Inc. ( NASDAQ:SMTI ), might not be a large cap stock, but it saw a significant share price rise of 68...
Narrative Update Jul 06

SMTI: Future Soft Tissue Share Gains Will Support Bullish Outlook

Sanara MedTech's updated analyst fair value estimate has moved from $46.00 to $36.00, with analysts pointing to expectations for revenue growth of about 14.3%, a profit margin assumption of about 4.4%, and a future P/E of about 57.6x as key drivers of the revised target. Analyst Commentary Bullish analysts see Sanara MedTech as a company with room to execute on its surgical wound and soft tissue product portfolio, with fair value expectations framed around the updated revenue growth, margin, and P/E assumptions.
Narrative Update Jun 22

SMTI: Soft Tissue Share Gains And Portfolio Expansion Will Drive Future Upside

Sanara MedTech's updated analyst price target has edged up from about $34.00 to roughly $34.33 as analysts factor in expectations for higher revenue growth, a different profit margin profile and a higher future P/E, supported by recent bullish initiation reports highlighting potential from share gains, broader market access and portfolio expansion in surgical wound and soft tissue products. Analyst Commentary Recent research on Sanara MedTech points to a generally constructive view on the company, with analysts focusing on its role in surgical wound and soft tissue management and how that could influence future execution and valuation.
Narrative Update Jun 07

SMTI: Cost Effectiveness Data And Bullish Initiation Will Drive Future Upside

Analysts now see fair value for Sanara MedTech holding at $34.00, supported by research that frames the stock through a slightly lower discount rate, steady revenue growth and profit margin expectations, and a marginally adjusted future P/E outlook. What's in the News Sanara MedTech issued earnings guidance for the second quarter of 2026, with expected net revenue in a range of $28.5 million to $29.5 million, compared with net revenue of $25.8 million for the same quarter a year earlier.
Narrative Update May 21

SMTI: Cost Effectiveness Evidence Will Support Future Upside Under Bullish Initiation

Analysts have maintained their $34.00 price target on Sanara MedTech, pointing to slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E that align with a recently initiated bullish view on the stock. Analyst Commentary Bullish Takeaways Bullish analysts point to the maintained US$34.00 target as consistent with their constructive view, seeing current assumptions on discount rate, revenue growth, profit margin and future P/E as reasonable within their framework.
Narrative Update May 03

SMTI: Bullish Initiation And Cost Effectiveness Evidence Will Support Future Upside

Analysts have reaffirmed a $34.00 price target for Sanara MedTech, citing a fresh bullish initiation that highlights the company’s long term growth potential and supports unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts view the reaffirmed US$34.00 target as supported by the current fair value framework, with assumptions on discount rate, revenue growth, profit margin, and future P/E kept intact.
Narrative Update Apr 19

SMTI: Bullish Coverage And Cost Effectiveness Study Will Support Future Upside

Analysts have reduced their price target on Sanara MedTech by $2 to $34. This reflects updated views on growth, profitability, and a higher assumed future P/E, following recent bullish Street initiation commentary.
Narrative Update Mar 21

SMTI: Surgical Economics And Higher Margins Will Support Future Upside

Analysts have lowered their price target for Sanara MedTech from $40 to $36, citing revised fair value estimates, along with updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples. What's in the News A peer-reviewed study in the Journal of Medical Economics evaluates CellerateRX Surgical Powder as an add-on to standard care in high risk spinal surgery.
Narrative Update Mar 05

SMTI: New Revenue Guidance And Surgical Pipeline Will Support Future Upside

Analysts have kept Sanara MedTech's fair value estimate steady at $40.00 per share, with only marginal tweaks to the discount rate, revenue growth, profit margin, and future P/E inputs that reflect fine tuning rather than a change in overall conviction. What's in the News Sanara MedTech issued new guidance for the fourth quarter of 2025, with expected net revenue between $27.2 million and $27.7 million.
Narrative Update Feb 19

SMTI: Surgical Portfolio And Guidance Will Support Future Upside Potential

Analysts have maintained their $40.00 price target for Sanara MedTech, citing only very small adjustments to assumptions such as discount rate, long term revenue growth, profit margin and future P/E that did not materially change their overall valuation view. What's in the News Issued revenue guidance for Q4 2025, with expected net revenue in a range of $27.2 million to $27.7 million and commentary on the impact of approximately $1.8 million of BIASURGE sales in Q4 2024 on year over year comparisons (Corporate Guidance).
Narrative Update Feb 04

SMTI: Core Surgical Focus Will Drive Future Upside Potential

Analysts have modestly adjusted their price target for Sanara MedTech to US$40.00. This reflects small updates to assumptions around discount rate, revenue growth, profit margin and future P/E that keep their overall valuation view essentially unchanged.
Narrative Update Jan 21

SMTI: Core Surgical Focus And Orthopedic Alliance Will Drive Future Upside Potential

Analysts have trimmed their price target on Sanara MedTech from US$41 to US$40, reflecting updated assumptions around profit margins and future P/E expectations while keeping the overall long term growth story intact. What's in the News BIASURGE Advanced Surgical Solution received an Innovative Technology contract from Vizient Inc., signaling unique product qualities recognized by hospital experts on Vizient's client led councils (Key Developments).
Narrative Update Jan 07

SMTI: Core Surgical Focus And Orthopedic Alliance Will Drive Future Upside Potential

Analysts have kept their fair value estimate for Sanara MedTech steady at US$41.00. This reflects only small tweaks to their underlying assumptions on discount rate, revenue growth, profit margin and future P/E that do not materially alter their overall view on the stock.
Narrative Update Dec 14

SMTI: Core Surgical Focus Will Drive Future Profit Expansion And Upside Potential

Analysts have raised their price target for Sanara MedTech to approximately $41.00 per share, reflecting slightly lower discount rate assumptions and a marginally improved outlook for the company’s long term valuation multiples. What's in the News Sanara MedTech and Biomimetic Innovations provided an update on their strategic alliance focused on advancing orthopedic solutions and commercial readiness for new products (Key Developments).
Narrative Update Nov 29

SMTI: Leadership Transition And Discontinued Operations Will Drive Profit Expansion Ahead

Analysts have reiterated their previous price target for Sanara MedTech at $41.00. They cite minimal changes in key financial assumptions and maintain a stable outlook for the company.
Narrative Update Nov 15

SMTI: Leadership Transition And Streamlined Operations Will Drive Profitability Expansion

Narrative Update on Sanara MedTech: Analyst Price Target Revision Analysts have lowered their price target for Sanara MedTech from $50.00 to $41.00, citing updated estimates for key valuation metrics and a moderation in projected revenue growth. What's in the News Sanara MedTech is discontinuing operations of Tissue Health Plus (THP) to improve operating efficiency and will reclassify THP as discontinued operations in financial statements.
Analysis Article Aug 13

Sanara MedTech Inc. (NASDAQ:SMTI) Doing What It Can To Lift Shares

With a median price-to-sales (or "P/S") ratio of close to 2.7x in the Medical Equipment industry in the United States...
User avatar
New Narrative Mar 31

Tissue Health Plus And OsStic Will Expand Market Reach

Expansion in sales coverage and partnerships aims to boost product adoption, enhancing revenue in both new and existing markets.
Seeking Alpha Jan 30

Sanara MedTech: A Promising Growth Story At An Attractive Valuation

Summary Shares have risen nearly 15% since the company posted preliminary Q4 results, which showed revenue up by 45-48% year over year. While growth was boosted by one-off demand for its BIASURGE product, underlying growth was still strong at 37%. There remains a long runway for growth for its surgical products, with the potential for this to be augmented by other growth drivers, including inorganic opportunities. While the surgical segment is solidly profitable, overall profitability is depressed by losses in Sanara’s pre-commercialization segment. At 3 times revenue, I find the current valuation attractive, and hence I am assigning shares a Buy rating. Read the full article on Seeking Alpha
Analysis Article Dec 19

Sanara MedTech (NASDAQ:SMTI) Is Carrying A Fair Bit Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 15

US$44.00: That's What Analysts Think Sanara MedTech Inc. (NASDAQ:SMTI) Is Worth After Its Latest Results

Sanara MedTech Inc. ( NASDAQ:SMTI ) defied analyst predictions to release its quarterly results, which were ahead of...
Analysis Article Sep 05

Sanara MedTech Inc. (NASDAQ:SMTI) Looks Just Right With A 28% Price Jump

Sanara MedTech Inc. ( NASDAQ:SMTI ) shares have had a really impressive month, gaining 28% after a shaky period...
Analysis Article Aug 14

Here's Why Sanara MedTech (NASDAQ:SMTI) Can Afford Some Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 23

Sanara MedTech Inc.'s (NASDAQ:SMTI) Shares Not Telling The Full Story

There wouldn't be many who think Sanara MedTech Inc.'s ( NASDAQ:SMTI ) price-to-sales (or "P/S") ratio of 3.8x is worth...
Analysis Article Nov 15

Is Sanara MedTech (NASDAQ:SMTI) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 22

Investors Still Waiting For A Pull Back In Sanara MedTech Inc. (NASDAQ:SMTI)

You may think that with a price-to-sales (or "P/S") ratio of 5.8x Sanara MedTech Inc. ( NASDAQ:SMTI ) is a stock to...
Analysis Article Mar 22

Sanara MedTech Inc. (NASDAQ:SMTI) Analysts Are Pretty Bullish On The Stock After Recent Results

Sanara MedTech Inc. ( NASDAQ:SMTI ) last week reported its latest annual results, which makes it a good time for...

CEO Compensation Analysis

How has Seth Yon's remuneration changed compared to Sanara MedTech's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-US$285k

Mar 31 2026n/an/a

US$631k

Dec 31 2025US$3mUS$479k

-US$388k

Compensation vs Market: Seth's total compensation ($USD3.45M) is above average for companies of similar size in the US market ($USD2.40M).

Compensation vs Earnings: Insufficient data to compare Seth's compensation with company performance.


CEO

Seth Yon (51 yo)

less than a year
Tenure
US$3,453,963
Compensation

Mr. Seth D. Yon is Chief Executive Officer and Director of Sanara MedTech Inc. since September 15, 2025 and served as its Chief Commercial Officer until September 15, 2025. He is President of Sanara MedTec...


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Nixon
Executive Chairman7.4yrsUS$585.48k11.23%
$ 35.6m
Seth Yon
Presidentless than a yearUS$3.45m1.19%
$ 3.8m
Elizabeth Taylor
Chief Financial Officer1.6yrsUS$646.44k0.19%
$ 607.4k
Jacob Waldrop
Chief Operating Officer2.3yrsUS$867.84k0.27%
$ 839.8k
Suresh Muppalla
President & CEO of THPno dataUS$975.02k0.032%
$ 102.4k
Ashley Mackey
Principal Accounting Officer1yrno data0.054%
$ 171.1k
Bill Fitzgerald
Chief Compliance Officer6.6yrsno datano data
Nicholas Gachassin
General Counsel3.6yrsno datano data
Tricia Matteson
Vice President of Marketingno datano datano data
Tyler Palmer
Chief Corporate Development & Strategy Officer2.3yrsno datano data
Nina Bionda
Chief R&D Officer1.1yrsno datano data
Robert Bearden
Senior Vice President of Clinical and Medical Affairsno datano datano data
1.6yrs
Average Tenure
50.5yo
Average Age

Experienced Management: SMTI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ronald Nixon
Executive Chairman7.4yrsUS$585.48k11.23%
$ 35.6m
Seth Yon
Presidentless than a yearUS$3.45m1.19%
$ 3.8m
Eric Tanzberger
Independent Director4.6yrsUS$151.25k0.25%
$ 791.2k
Roszell Mack
Independent Director4.6yrsUS$146.39k0.24%
$ 752.4k
Keith Myers
Independent Director1.8yrsUS$131.89k0.10%
$ 321.2k
Bob DeSutter
Independent Director5.8yrsUS$156.09k0.31%
$ 990.1k
Ann Salamone
Director7yrsUS$304.75k0.29%
$ 925.2k
Eric Major
Independent Director3.2yrsUS$141.55k0.15%
$ 490.3k
Sara Ortwein
Independent Director5.7yrsUS$141.55k0.28%
$ 875.5k
4.6yrs
Average Tenure
62.5yo
Average Age

Experienced Board: SMTI's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/23 04:18
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sanara MedTech Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ilya ZubkovFreedom Broker
Yi ChenH.C. Wainwright & Co.
Frank TakkinenLake Street Capital Markets, LLC