Outset Medical, Inc. (OM) Stock Price & Analysis

Outset Medical, Inc. (OM) closed at USD 4.34 on Wednesday, October 28, 2026, up 0.00% on the day. The US market is currently closed; this is not a live price.

The prior close was USD 4.34; the Oct 28, 2026 session ranged USD 4.16–4.4 on volume of 37,541 shares. Market capitalization is —, with a 52-week range of USD 2.84–14.25 (NMS). Source: Nexqual, retrieved October 29, 2026 at 07:10 UTC.

Also available as compact Markdown for AI agents: nexqual.com/OM.md

Key facts (OM)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (OM)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$103M$115M$130M$114M$119M$118M
Gross profit$7.6M$17.8M$29.0M$38.6M$46.8M—
Operating income-$131M-$161M-$170M-$113M-$66.7M-$66.0M
Net income-$132M-$163M-$173M-$128M-$81.7M-$74.3M
EPS (diluted)-$43.35-$50.70-$52.28-$36.96-$5.37—
Free cash flow-$133M-$154M-$135M-$117M-$47.1M-$38.9M
Gross margin7.4%15.5%22.2%33.9%39.1%—
Operating margin-127.2%-139.6%-130.2%-99.7%-55.8%-56.1%
Net margin-128.6%-141.2%-132.5%-112.6%-68.3%-63.1%
Revenue growth+105.5%+12.4%+13.0%-12.8%+5.1%—
Cash + short-term investments$340M$288M$203M$159M$169M—
Total debt$29.8M$101M$130M$197M$96.2M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (OM)

Total return (dividends reinvested) (OM)

1Y (from 2025-10-29)
Total return-67.8%
S&P 500 (SPY)—
Per year-67.9%
Volatility (annualized)110.4%
Max drawdown-78.0% (Oct 2025→Sep 2026)

OM earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
—Quarter ended Jun 30, 2026−$0.80−$0.72Miss −11.1%—
—Quarter ended Mar 31, 2026−$0.83−$0.79Miss −5.1%—
—Quarter ended Dec 31, 2025−$0.84−$0.67Miss −25.4%—
—Quarter ended Sep 30, 2025−$0.69−$0.65Miss −6.2%—

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

OM recent SEC filings (last 120 days)

FiledFormWhat it says
Oct 6, 2026Schedule 13G/ABML Investment Partners, L.P.: 14.7% of shares, passive 5%+ holder (amended)
Aug 28, 20268-KDirector or executive officer change, or pay arrangement
“On August 27, 2026, John Brottem informed Outset Medical, Inc. (the "Company") of his decision to depart from the Company and his role as General Counsel, effective September 11, 2026, to pursue other professional opportunities. Mr. Brottem's departure is not due to any dispute or disagreement with the Company or its management.”
Aug 12, 2026Schedule 13G/ABANK OF AMERICA CORP /DE/: 3.5% of shares, passive 5%+ holder (amended)
Aug 12, 2026Schedule 13GAQR Capital Management, LLC, AQR Capital Management Holdings, LLC: 5.4% of shares, passive 5%+ holder
Aug 6, 202610-QQuarterly report · period ended Jun 30, 2026
Aug 6, 20268-KQuarterly results
Jul 29, 2026Schedule 13G/ABlackRock, Inc.: 2.0% of shares, passive 5%+ holder (amended)

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

OM analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-0.69$-0.62−$0.07$31.4M3
Next quarter (ends Dec 2026)$-0.69$-0.73+$0.03$35.0M3
Current fiscal year (ends Dec 2026)$-3.08$-2.89−$0.19$126.0M3
Next fiscal year (ends Dec 2027)$-2.29$-2.18−$0.11$139.1M3

Key Statistics (as of October 29, 2026 at 07:10 UTC)

PriceUSD 4.34
Change▲ 0.00% (up)
Previous CloseUSD 4.34
OpenUSD 4.34
Day RangeUSD 4.16 – 4.4
52-Week RangeUSD 2.84 – 14.25
Volume37,541 shares
Market Cap—
ExchangeNMS

Technical Analysis (OM)

Nexqual's technical model rates OM "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 29, 2026 at 07:10 UTC.

Overall SignalBUY
RSI (14)63.24 (neutral)
vs SMA50Above (USD 3.74)
MACD0.16 (positive)

Earnings (OM)

Next Earnings Date2026-11-04
EPS EstimateUSD -0.69
Revenue Estimate$31.40M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.8 vs est -0.72 ▼ miss
2026-03-31USD -0.83 vs est -0.79 ▼ miss
2025-12-31USD -0.84 vs est -0.68 ▼ miss
2025-09-30USD -0.69 vs est -0.66 ▼ miss

Source: Nexqual, October 29, 2026 at 07:10 UTC.

Financials & Fundamentals (OM)

Total Revenue$117.80M
Revenue Growth (latest quarter, YoY)+0.70%
Gross Margin+41.76%
Operating Margin-49.55%
Profit Margin-63.06%
ROE-59.17%
Debt / Equity1.08
Current Ratio5.19
Total Cash$147.19M
Total Debt$104.45M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)-$38.88M (-33.0% of revenue)

Source: Nexqual, October 29, 2026 at 07:10 UTC.

Financial Health Score (OM)

Nexqual rates Outset Medical, Inc.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 07:10 UTC.

GrowthSolid — Revenue +5% YoY (annual)
ProfitabilityMixed — Gross margin 42%, operating -56% (last 4 quarters to Jun 2026, SEC)
Balance SheetMixed — $147M cash and investments vs $98M debt (Jun 2026, SEC), net cash
Cash FlowWeak — FCF negative: -$39M (last 4 quarters to Jun 2026, SEC), burning cash
EfficiencyCritical — ROE -77%, ROA -30.6% (last 4 quarters, SEC)

Ownership (OM)

Insider Ownership+5.46%
Institutional Ownership+74.97%
Shares Outstanding18.80M
Float14.53M
Short % of Float+6.71%

Source: Nexqual, October 29, 2026 at 07:10 UTC.

From Outset Medical, Inc.'s Latest SEC 10-K Filing (filed 2026-02-13)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 07:10 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt