Shoulder Innovations (SI) Stock Price

Shoulder Innovations Price

NYSE·CLOSED
20.99USD+0.83 (+4.03 %)
Market closed

Revenue at Shoulder Innovations has contracted by 4.3% per year over the past 8 years to 31.62 M USD. Earnings per share have grown at 36.6% per year over the last 6 years. Shoulder Innovations's net margin stands at -43.3%, down from 25.6% several years earlier. Analysts set a median price target of 20.40 USD, implying 2.8% below the current price. Of 13 analysts, 12 rate the stock a buy — an overall Buy consensus. The stock trades about 91% above its 52-week low.

Shoulder Innovations stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Shoulder Innovations over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Shoulder Innovations stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Shoulder Innovations's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Shoulder Innovations Stock Price History
DateShoulder Innovations Price
7/14/202620.99 USD
7/11/202620.16 USD
7/10/202621.23 USD
7/9/202620.60 USD
7/8/202621.35 USD
7/7/202621.49 USD
7/3/202621.27 USD
7/2/202620.62 USD
7/1/202620.28 USD
6/30/202621.09 USD
6/27/202622.79 USD
6/26/202621.61 USD
6/25/202619.77 USD
6/24/202619.29 USD
6/23/202618.41 USD
6/19/202618.55 USD
6/18/202617.97 USD
6/17/202618.67 USD
6/16/202618.12 USD
6/13/202618.70 USD
6/12/202618.76 USD
6/11/202615.49 USD
6/10/202615.32 USD
6/9/202614.15 USD
6/6/202614.28 USD
6/5/202614.48 USD
6/4/202613.83 USD
6/3/202614.00 USD
6/2/202614.18 USD
5/30/202614.70 USD
5/29/202615.13 USD
5/28/202614.97 USD
5/27/202615.06 USD
5/23/202614.60 USD
5/22/202615.10 USD
5/21/202614.88 USD
5/20/202614.93 USD
5/19/202614.78 USD
5/16/202615.63 USD
5/15/202614.88 USD
5/14/202613.53 USD
5/13/202613.37 USD
5/12/202613.22 USD
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5/8/202612.77 USD
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5/1/202612.79 USD
4/30/202612.28 USD
4/29/202612.80 USD
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4/25/202612.97 USD
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4/21/202614.90 USD
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4/11/202614.96 USD
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3/31/202614.53 USD
3/30/202614.19 USD
3/28/202613.86 USD
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3/26/202614.41 USD
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3/19/202615.05 USD
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3/14/202614.82 USD
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3/10/202613.05 USD
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3/6/202613.01 USD
3/5/202613.03 USD
3/4/202613.11 USD
3/3/202613.06 USD
3/2/202613.53 USD
2/28/202613.56 USD
2/27/202613.56 USD
2/26/202613.46 USD
2/25/202613.45 USD
2/24/202613.23 USD
2/23/202613.47 USD
2/21/202613.27 USD
2/20/202613.27 USD
2/19/202613.33 USD
2/18/202613.05 USD
2/17/202613.06 USD
2/14/202613.06 USD
2/13/202613.06 USD
2/12/202613.72 USD
2/11/202612.25 USD
2/10/202613.19 USD
2/9/202613.03 USD
2/7/202612.74 USD
2/6/202612.74 USD
2/5/202612.57 USD
2/4/202612.97 USD
2/3/202613.39 USD
2/2/202614.25 USD
1/31/202614.16 USD
1/30/202614.16 USD
1/29/202614.27 USD
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1/24/202614.89 USD
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1/22/202615.07 USD
1/21/202614.39 USD
1/20/202614.06 USD
1/17/202613.96 USD
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1/15/202613.90 USD
1/14/202613.55 USD
1/13/202613.60 USD
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1/10/202614.39 USD
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1/8/202615.06 USD
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1/1/202614.30 USD
12/31/202514.30 USD
12/30/202515.15 USD
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12/15/202514.45 USD
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12/11/202514.94 USD
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12/6/202515.20 USD
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12/1/202514.48 USD
11/29/202515.44 USD
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11/27/202516.08 USD
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11/22/202514.69 USD
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11/20/202513.84 USD
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11/11/202511.36 USD
11/10/202511.01 USD
11/8/202511.05 USD
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11/6/202511.22 USD
11/5/202511.29 USD
11/4/202511.17 USD
11/3/202511.28 USD
11/1/202511.72 USD
10/31/202511.72 USD
10/30/202511.90 USD
10/29/202511.72 USD
10/28/202512.10 USD
10/27/202512.31 USD
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10/24/202512.30 USD
10/23/202512.56 USD
10/22/202512.84 USD
10/21/202512.37 USD
10/20/202512.54 USD
10/18/202512.50 USD
10/17/202512.50 USD
10/16/202512.30 USD
10/15/202512.11 USD
10/14/202512.48 USD
10/13/202512.16 USD
10/11/202512.39 USD
10/10/202512.39 USD
10/9/202513.15 USD
10/8/202513.01 USD
10/7/202513.10 USD
10/6/202513.08 USD
10/4/202512.19 USD
10/3/202512.19 USD
10/2/202512.01 USD
10/1/202512.02 USD
9/30/202512.55 USD
9/29/202512.56 USD
9/27/202512.10 USD
9/26/202512.10 USD
9/25/202512.50 USD
9/24/202512.89 USD
9/23/202513.38 USD
9/22/202514.08 USD
9/20/202514.42 USD
9/19/202514.42 USD
9/18/202514.64 USD
9/17/202514.84 USD
9/16/202515.70 USD
9/15/202514.94 USD
9/13/202515.71 USD
9/12/202515.71 USD
9/11/202515.00 USD
9/10/202512.74 USD
9/9/202514.98 USD
9/8/202515.90 USD
9/6/202514.85 USD
9/5/202514.85 USD
9/4/202515.26 USD
9/3/202515.04 USD
9/2/202516.02 USD
8/30/202514.82 USD
8/29/202514.82 USD
8/28/202514.81 USD
8/27/202515.77 USD
8/26/202514.93 USD
8/25/202515.02 USD
8/23/202512.71 USD
8/22/202512.71 USD
8/21/202512.20 USD
8/20/202512.10 USD
8/19/202512.44 USD
8/18/202514.33 USD
8/16/202514.09 USD
8/15/202514.09 USD
8/14/202513.76 USD
8/13/202513.14 USD
8/12/202513.15 USD
8/11/202512.15 USD
8/9/202512.41 USD
8/8/202512.41 USD
8/7/202512.16 USD
8/6/202513.06 USD
8/5/202514.16 USD
8/4/202514.27 USD
8/2/202514.25 USD
8/1/202514.25 USD
7/31/202515.05 USD
Access this data via the Eulerpool API

Shoulder Innovations Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
175.70 M USD
0.00 USD
75.50 M USD
Jan 1, 2022
0.00 USD
0.00 USD
62.60 M USD
Jan 1, 2023
19.27 M USD
-11.99 M USD
-9.07 M USD
Jan 1, 2024
31.62 M USD
-14.65 M USD
-13.69 M USD
Jan 1, 2025 (e)
46.93 M USD
-31.02 M USD
-44.39 M USD
Jan 1, 2026 (e)
60.60 M USD
-34.07 M USD
-23.60 M USD
Jan 1, 2027 (e)
78.64 M USD
-31.88 M USD
-22.69 M USD
Jan 1, 2028 (e)
100.05 M USD
-24.66 M USD
-25.57 M USD

Shoulder Innovations Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 15, 2026, 1:51 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2016201720182019202020212022202320242025e2026e2027e2028e
44.0051.0080.0096.0098.00175.0019.0031.0046.0060.0078.00100.00
15.9156.8620.002.0878.5763.1648.3930.4330.0028.21
54.5547.0630.0025.0024.4913.7178.9577.4277.4277.4277.4277.42
24.0024.0024.0024.0024.0024.0024.0015.0024.0035.6146.4560.3977.42
7.007.0022.0024.0026.0075.0062.00-9.00-13.00-44.00-23.00-22.00-25.00
214.299.098.33188.46-17.33-114.5244.44238.46-47.73-4.3513.64
18.7018.7018.7018.4019.2025.9025.6920.2320.2320.2320.2320.2320.23
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Shoulder Innovations generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Shoulder Innovations retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Shoulder Innovations's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Shoulder Innovations has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Shoulder Innovations's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Shoulder Innovations stock margins

The Shoulder Innovations margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Shoulder Innovations. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Shoulder Innovations.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
76.97 %
0.00 %
26.32 %
Jan 1, 2021
76.97 %
0.00 %
42.97 %
Jan 1, 2022
76.97 %
0.00 %
- %
Jan 1, 2023
79.23 %
-62.21 %
-47.07 %
Jan 1, 2024
76.97 %
-46.34 %
-43.28 %
Jan 1, 2025 (e)
76.97 %
-66.09 %
-94.58 %
Jan 1, 2026 (e)
76.97 %
-56.22 %
-38.94 %
Jan 1, 2027 (e)
76.97 %
-40.54 %
-28.85 %

Shoulder Innovations Stock Revenue, EBIT, Earnings per Share

The Shoulder Innovations earnings per share therefore indicates how much revenue Shoulder Innovations has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
5.15 USD
0.00 USD
1.35 USD
Jan 1, 2021
6.78 USD
0.00 USD
2.92 USD
Jan 1, 2022
0.00 USD
0.00 USD
2.44 USD
Jan 1, 2023
0.95 USD
-0.59 USD
-0.45 USD
Jan 1, 2024
1.56 USD
-0.72 USD
-0.68 USD
Jan 1, 2025 (e)
2.28 USD
-1.53 USD
-2.15 USD
Jan 1, 2026 (e)
2.94 USD
-1.68 USD
-1.15 USD
Jan 1, 2027 (e)
3.82 USD
-1.58 USD
-1.10 USD

Shoulder Innovations business model & stock analysis

Shoulder Innovations Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Shoulder Innovations historical P/E ratio, EBIT multiple, and P/S ratio

Shoulder Innovations annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Shoulder Innovations shares outstanding

The number of shares of Shoulder Innovations was 20.23 M in 2025. This indicates how many shares Shoulder Innovations is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
19.20 M Stocks
Jan 1, 2021
25.90 M Stocks
Jan 1, 2022
25.69 M Stocks
Jan 1, 2023
20.23 M Stocks
Jan 1, 2024
20.23 M Stocks
Jan 1, 2025 (e)
20.23 M Stocks
Jan 1, 2026 (e)
20.23 M Stocks
Jan 1, 2027 (e)
20.23 M Stocks

Shoulder Innovations Dividend History

7 years of dividend payments · 3 consecutive increases

YearAnnual DividendYoY ChangePayments
20124.04USD 8.7%
20113.72USD 54.1%
20102.41USD 19.2%
20092.02USD 14.0%
20082.35USD 26.5%
20071.86USD 18.8%
20061.57USD

Current Shoulder Innovations forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy92.31 % (12)
Hold7.69 % (1)
Sell0.00 % (0)
12M Price Target
20.40
Last Price
21.59
Currency
USD
12M Return Potential
-5.51 %
LTM Return
0 %

Shoulder Innovations Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/13/2026-0.42USD14.97 MUSD2026 Q1
5/7/2026-0.42USD14.97 MUSD2026 Q1
3/10/2026-0.33USD13.18 MUSD2025 Q4
2/12/2026-0.33USD13.18 MUSD2025 Q4
1/3/20240.27USD40.67 MUSD2023 Q4
7/17/20231.65USD120.24 MUSD2023 Q2
4/17/20231.58USD113.87 MUSD2023 Q1
1/16/20231.45USD106.20 MUSD2022 Q4
10/18/20221.42USD101.86 MUSD2022 Q3
7/19/20220.86USD72.95 MUSD2022 Q2

Shoulder Innovations shareholder structure

% Name
18.68345%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
13.07340%
U.S. Venture Partners
U.S. Venture Partners
11.55574%
Gilde Healthcare Partners B.V.
Gilde Healthcare Partners B.V.
7.85665%
Lightstone Ventures, L.P.
Lightstone Ventures, L.P.
6.61842%
Cultivate(MD) Holdings LLC
Cultivate(MD) Holdings LLC
5.64996%
Arboretum Ventures, Inc.
Arboretum Ventures, Inc.

Shoulder Innovations Executives and Management Board

RB

Mr. Robert Ball

(53)

Executive Chairman, Chief Executive Officer · since 2015

Compensation628,114.00 USD
JP

Mr. Jeffrey Points

(48)

Chief Financial Officer

Compensation507,812.00 USD
DB

Mr. David Blue

(64)

Chief Customer Experience Officer

Compensation497,272.00 USD
KS

Mr. Kevin Sidow

(67)

Independent Director

Compensation58,069.00 USD
PB

Mr. Paul Buckman

(69)

Independent Director

Compensation40,000.00 USD

Frequently asked questions about Shoulder Innovations

Analysts currently set an average price target of 21.22 USD for the Shoulder Innovations stock (median: 20.40 USD), implying -1.7 % versus the latest price. The consensus is based on 13 analyst ratings.