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Updated 1m ago
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908 Devices Inc.NasdaqGM:MASS Stock Report

Market Cap US$436.1m
Updated 1m ago
Share Price
n/a
1Y44.2%
7D10.6%
1D-4.1%
Portfolio Value
​
View

908 Devices Inc.

NasdaqGM:MASS Stock Report

Market Cap: US$436.1m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

908 Devices (MASS) Stock Overview

Provides purpose-built handheld mass spectrometry and fourier transform infrared (FTIR) devices for use in vital health and safety applications. More details

MASS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Revenue is forecast to grow 18.59% per year

Analysts in good agreement that stock price will rise by 24.6%

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years


MASS Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystLowTarget
12.3% undervalued intrinsic discount
AnalystLowTarget
•24d ago

US And NATO Shifts Will Cripple Demand But Open Opportunities

32
0
0
AN
AnalystConsensusTarget
19.0% undervalued intrinsic discount
AnalystConsensusTarget
•10d ago

US Federal And International Funding Will Expand Global Analysis Markets

45
0
4
AN
AnalystHighTarget
24.8% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Decentralized Diagnostics And Global Security Will Expand Analytical Markets

13
0
0

Top Analyst Narratives

AN
AnalystLowTarget
12.3% undervalued intrinsic discount
AnalystLowTarget
•24d ago

US And NATO Shifts Will Cripple Demand But Open Opportunities

32
0
0
AN
AnalystConsensusTarget
19.0% undervalued intrinsic discount
AnalystConsensusTarget
•10d ago

US Federal And International Funding Will Expand Global Analysis Markets

45
0
4
AN
AnalystHighTarget
24.8% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Decentralized Diagnostics And Global Security Will Expand Analytical Markets

13
0
0
View all narratives

908 Devices Inc. Competitors

PowerFleet

Symbol: NasdaqGM:AIOT
Market cap: US$380.9m

LightPath Technologies

Symbol: NasdaqCM:LPTH
Market cap: US$708.1m

Frequency Electronics

Symbol: NasdaqGM:FEIM
Market cap: US$944.9m

Daktronics

Symbol: NasdaqGS:DAKT
Market cap: US$838.7m

Price History & Performance

Summary of share price highs, lows and changes for 908 Devices
Historical stock prices
Current Share PriceUS$10.53
52 Week HighUS$11.25
52 Week LowUS$5.03
Beta0.68
1 Month Change1.74%
3 Month Change18.98%
1 Year Change44.25%
3 Year Change74.34%
5 Year Change-71.06%
Change since IPO-78.51%

Recent News & Updates

User avatar
Narrative Update • Sep 09

MASS: Higher 2026 Revenue Outlook Will Support A Stronger Share Price

Analysts have raised the 908 Devices fair value estimate from $11 to $13, citing updated assumptions on the discount rate, revenue growth, profit margin, and future P/E that shift their overall price target framework. What’s in the News for 908 Devices 908 Devices updated full year 2026 earnings guidance, setting a revenue range of $68.0 million to $70.0 million and lifting the lower end from $67.0 million.
User avatar
Narrative Update • Aug 26

MASS: Raised 2026 Outlook And Index Removals Will Shape Future P/E

Analysts have raised their fair value estimate for 908 Devices from $10 to $12, citing updates to key assumptions, including the discount rate, revenue growth outlook, profit margin profile, and future P/E expectations. What’s in the News for 908 Devices 908 Devices updated its full year 2026 revenue guidance to a range of $68.0 million to $70.0 million, compared with the previous range of $67.0 million to $70.0 million.
Seeking Alpha • Aug 12

908 Devices: Mission Critical Devices Drive Growth

Summary 908 Devices is rated BUY after a 2Q26 earnings beat, strong revenue growth, and a 97% YTD share price gain. MASS benefits from robust demand for chemical detection devices, driven by law enforcement, defense, and volatile geopolitical conditions. Recurring revenue from NIRLab and product upgrades like VipIR underpin stable growth; management raised FY26 revenue guidance to $68–$70M. Valuation remains reasonable at 5.5x forward P/S, supported by a $101.5M cash position, no debt, and narrowing EBITDA losses. Read the full article on Seeking Alpha

Recent updates

User avatar
Narrative Update • Sep 09

MASS: Higher 2026 Revenue Outlook Will Support A Stronger Share Price

Analysts have raised the 908 Devices fair value estimate from $11 to $13, citing updated assumptions on the discount rate, revenue growth, profit margin, and future P/E that shift their overall price target framework. What’s in the News for 908 Devices 908 Devices updated full year 2026 earnings guidance, setting a revenue range of $68.0 million to $70.0 million and lifting the lower end from $67.0 million.
User avatar
Narrative Update • Aug 26

MASS: Raised 2026 Outlook And Index Removals Will Shape Future P/E

Analysts have raised their fair value estimate for 908 Devices from $10 to $12, citing updates to key assumptions, including the discount rate, revenue growth outlook, profit margin profile, and future P/E expectations. What’s in the News for 908 Devices 908 Devices updated its full year 2026 revenue guidance to a range of $68.0 million to $70.0 million, compared with the previous range of $67.0 million to $70.0 million.
Seeking Alpha • Aug 12

908 Devices: Mission Critical Devices Drive Growth

Summary 908 Devices is rated BUY after a 2Q26 earnings beat, strong revenue growth, and a 97% YTD share price gain. MASS benefits from robust demand for chemical detection devices, driven by law enforcement, defense, and volatile geopolitical conditions. Recurring revenue from NIRLab and product upgrades like VipIR underpin stable growth; management raised FY26 revenue guidance to $68–$70M. Valuation remains reasonable at 5.5x forward P/S, supported by a $101.5M cash position, no debt, and narrowing EBITDA losses. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 12

MASS: Index Removals Will Set Up A Future Repricing Opportunity

Analysts have updated their fair value estimate for 908 Devices from $12.00 to $14.00, reflecting revised assumptions around revenue growth, profit margins, discount rates, and future P/E expectations. What’s in the News for 908 Devices 908 Devices was dropped from the Russell 2500 Growth Benchmark, according to index classification data.
User avatar
Narrative Update • Jun 18

MASS: Raised 2026 Revenue Outlook Will Support A Higher Stock Price

Analysts have lifted their price target on 908 Devices stock from $10.00 to $11.00, citing updated assumptions around fair value, revenue growth, discount rate and future P/E that they consider better aligned with the company's current outlook. What’s in the News for 908 Devices 908 Devices raised its full year 2026 revenue guidance, according to a key developments summary.
User avatar
Narrative Update • Jun 03

MASS: Raised 2026 Revenue Outlook Will Support Higher Future P/E Multiple

Analysts have modestly adjusted their price targets on 908 Devices, reflecting updated assumptions for a fair value of $10.00, a slightly higher discount rate, marginally stronger projected revenue growth, a softer profit margin outlook, and a higher future P/E of about 70x. What's in the News 908 Devices raised its full year 2026 revenue guidance to a range of $67.0 million to $70.0 million.
User avatar
Narrative Update • May 12

MASS: Raised 2026 Revenue Guidance Will Support Higher Earnings Multiple

Analysts have reset their price target on 908 Devices to $10.00 from $8.00, citing updated assumptions around revenue growth, profitability, and future P/E that feed into a higher fair value estimate and a modestly higher discount rate. What's in the News 908 Devices raised full year 2026 revenue guidance to a range of $67.0 million to $70.0 million, compared with 2025 revenue, with the range described as representing 19% to 25% growth (Corporate Guidance: Raised).
Analysis Article • Jan 23

908 Devices Inc.'s (NASDAQ:MASS) 29% Price Boost Is Out Of Tune With Revenues

Those holding 908 Devices Inc. ( NASDAQ:MASS ) shares would be relieved that the share price has rebounded 29% in the...
Analysis Article • Nov 12

Some 908 Devices Inc. (NASDAQ:MASS) Shareholders Look For Exit As Shares Take 26% Pounding

908 Devices Inc. ( NASDAQ:MASS ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article • Sep 20

908 Devices Inc.'s (NASDAQ:MASS) Share Price Not Quite Adding Up

When close to half the companies in the Electronic industry in the United States have price-to-sales ratios (or "P/S...
Analysis Article • Aug 07

908 Devices Inc. (NASDAQ:MASS) Analysts Are Pretty Bullish On The Stock After Recent Results

NasdaqGM:MASS 1 Year Share Price vs Fair Value Explore 908 Devices's Fair Values from the Community and select yours...
User avatar
Narrative Update • Aug 06

US Federal And International Funding Will Expand Global Analysis Markets

The notable increase in 908 Devices’ price target reflects improved outlook due to higher expected revenue growth and an expanded forward P/E, raising the consensus fair value from $6.50 to $9.00. What's in the News 908 Devices raised its 2025 revenue guidance to $54–56 million (13–17% growth), up from prior guidance of $53–55 million.
Analysis Article • Jun 11

908 Devices Inc.'s (NASDAQ:MASS) Shares Climb 26% But Its Business Is Yet to Catch Up

Despite an already strong run, 908 Devices Inc. ( NASDAQ:MASS ) shares have been powering on, with a gain of 26% in the...
User avatar
New Narrative • Apr 06

The New Handheld Mass Spectrometer Launch Will Expand Market Reach

Divesting the desktop bioprocessing portfolio boosts cash reserves, streamlines operations, and is expected to enhance margins and cash flow in future years.
Seeking Alpha • Mar 06

908 Devices Makes Key Divestiture (Rating Upgrade)

Summary 908 Devices' stock surged after announcing a $70 million desktop portfolio sale, doubling its cash position and improving financial stability. The company will now focus on its handheld device business, expecting 11% to 15% revenue growth in 2025 with acceleration in 2026. MASS management believes losses will be significantly reduced with the new structure, with positive cash flow next year. Read the full article on Seeking Alpha
Analysis Article • Mar 05

908 Devices Inc.'s (NASDAQ:MASS) 55% Jump Shows Its Popularity With Investors

The 908 Devices Inc. ( NASDAQ:MASS ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article • Nov 15

Earnings Update: 908 Devices Inc. (NASDAQ:MASS) Just Reported And Analysts Are Trimming Their Forecasts

The analysts might have been a bit too bullish on 908 Devices Inc. ( NASDAQ:MASS ), given that the company fell short...
Seeking Alpha • Sep 08

908 Devices: Key Investor Now Selling

Summary ARK Invest's recent sales of 908 Devices shares have helped to send the stock to multi-year lows. 908 Devices is seeing decent revenue growth, but large losses and limited financial flexibility raise concerns about future capital needs. The stock's low valuation compared to peers is a positive, but ongoing sales by ARK Invest could exert further downward pressure. Read the full article on Seeking Alpha
Analysis Article • Aug 16

Why We're Not Concerned Yet About 908 Devices Inc.'s (NASDAQ:MASS) 29% Share Price Plunge

To the annoyance of some shareholders, 908 Devices Inc. ( NASDAQ:MASS ) shares are down a considerable 29% in the last...
Analysis Article • Mar 30

We Think 908 Devices (NASDAQ:MASS) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article • Dec 18

Investors Appear Satisfied With 908 Devices Inc.'s (NASDAQ:MASS) Prospects

When you see that almost half of the companies in the Electronic industry in the United States have price-to-sales...

Shareholder Returns

MASSUS ElectronicUS Market
7D10.6%-5.0%-0.2%
1Y44.2%38.1%11.9%

Return vs Industry: MASS exceeded the US Electronic industry which returned 37.8% over the past year.

Return vs Market: MASS exceeded the US Market which returned 12% over the past year.

Price Volatility

Is MASS's price volatile compared to industry and market?
MASS volatility
MASS Average Weekly Movement8.3%
Electronic Industry Average Movement9.0%
Market Average Movement6.8%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.9%

Stable Share Price: MASS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MASS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012172Kevin Knopp908devices.com

908 Devices Inc. provides purpose-built handheld mass spectrometry and fourier transform infrared (FTIR) devices for use in vital health and safety applications. The company’s products include MX908, a handheld, battery-powered, and Mass Spec device that is designed for rapid analysis of solid, liquid, vapor, and aerosol materials of unknown identity; XplorIR, a handheld device that uses FTIR spectroscopy to identify, quantify, and track gases and vapors; ThreatID, a portable FTIR device that rapidly detects and identifies approximately 28,000 unknown gas, vapor, powder, and liquid chemical hazards; ProtectIR, a handheld FTIR device that can identify approximately 23,000 solid and liquid chemical hazards; and VipIR, a handheld 3-in-1 analyzer that integrates FTIR, Raman spectroscopy, and smart spectral processing (SSP), a proprietary algorithm, to provide a single result from just one sample. It operates in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of Americas.

908 Devices Inc. Fundamentals Summary

How do 908 Devices's earnings and revenue compare to its market cap?
MASS fundamental statistics
Market capUS$436.07m
Earnings (TTM)-US$34.38m
Revenue (TTM)US$60.84m
7.2x
P/S Ratio
-12.7x
P/E Ratio

Is MASS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MASS income statement (TTM)
RevenueUS$60.84m
Cost of RevenueUS$28.81m
Gross ProfitUS$32.03m
Other ExpensesUS$66.41m
Earnings-US$34.38m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.83
Gross Margin52.65%
Net Profit Margin-56.51%
Debt/Equity Ratio0%

How did MASS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/19 04:11
End of Day Share Price 2026/09/18 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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

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

908 Devices Inc. is covered by 6 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Austin MoellerCanaccord Genuity
Puneet SoudaLeerink Partners LLC
Max MasucciRoth Capital Partners

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