Shoulder Innovations, Inc.

NYSE:SI Stock Report

Market Cap: US$464.1m

Shoulder Innovations Future Growth

Future criteria checks 2/6

Shoulder Innovations is forecast to grow earnings and revenue by 23.1% and 24% per annum respectively. EPS is expected to grow by 38.7% per annum. Return on equity is forecast to be -18.9% in 3 years.

Key information

23.1%

Earnings growth rate

38.66%

EPS growth rate

Medical Equipment earnings growth16.8%
Revenue growth rate24.0%
Future return on equity-18.92%
Analyst coverage

Low

Last updated28 Jul 2026

Recent future growth updates

Analysis Article May 16

Analysts Have Made A Financial Statement On Shoulder Innovations, Inc.'s (NYSE:SI) First-Quarter Report

It's been a pretty great week for Shoulder Innovations, Inc. ( NYSE:SI ) shareholders, with its shares surging 18% to...

Recent updates

Narrative Update Jul 28

SI: Raised 2026 Revenue Outlook Will Shape A More Measured Future

Analysts have lifted their price target for Shoulder Innovations from $20.60 to $23.00 as they update their models for a slightly lower discount rate, adjusted revenue growth and profit margin assumptions, and a revised future P/E outlook. What’s in the News for Shoulder Innovations Shoulder Innovations raised its full year 2026 net revenue guidance to a range of $65 million to $68 million, according to a key developments filing.
New Narrative Jul 28

Focused Surgeon Coverage And Enabling Technology Will Drive Sustained Shoulder Arthroplasty Momentum

Catalysts About Shoulder Innovations Shoulder Innovations develops shoulder arthroplasty implant systems and related enabling technologies for shoulder surgeons. What are the underlying business or industry changes driving this perspective?
Analysis Article May 16

Analysts Have Made A Financial Statement On Shoulder Innovations, Inc.'s (NYSE:SI) First-Quarter Report

It's been a pretty great week for Shoulder Innovations, Inc. ( NYSE:SI ) shareholders, with its shares surging 18% to...
Analysis Article Feb 06

Is Shoulder Innovations (NYSE:SI) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Dec 23

Shoulder Innovations: Interesting, But Not Having My Backing Yet

Summary Shoulder Innovations trades at 4x sales with strong top line momentum but faces ongoing operating losses and product concentration risks. Its revenue guidance was raised to $45.5M for 2025, with Q3 sales up 58% year-over-year and sequential growth expected. Despite manageable losses and a $122M net cash position, Shoulder Innovations' growth and margin improvements are needed to justify valuation. I remain cautiously interested, noting Shoulder Innovations' takeover potential and awaiting Q4 results and 2026 guidance for further clarity. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:SI - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028106-23-15-94
12/31/202786-28-25-214
12/31/202667-36-41-364
3/31/202654-44-44-34N/A
12/31/202547-40-36-29N/A
9/30/202542-36-29-23N/A
6/30/202537-32-24-19N/A
3/31/202535-17-21-17N/A
12/31/202432-16-18-14N/A
12/31/202319-13-16-13N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SI is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SI is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SI is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SI's revenue (24% per year) is forecast to grow faster than the US market (12.7% per year).

High Growth Revenue: SI's revenue (24% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SI is forecast to be unprofitable in 3 years.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/04 21:25
End of Day Share Price 2026/08/04 00:00
Earnings2026/03/31
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

Shoulder Innovations, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael GormanBTIG
David RomanGoldman Sachs
Matthew TaylorJefferies LLC