KORU Medical Systems, Inc. (KRMD) AI Stock Analysis

NASDAQ: KRMDAI research summary: business, growth, valuation, analysts, bull and bear case.

KRMD AI stock analysis summary

AI Research

KORU Medical Systems, Inc. (KRMD) manufactures and distributes mechanical infusion systems for the ambulatory market, generating $45.1M in trailing twelve-month revenue. The business has achieved an 11.2% five-year revenue CAGR through FY2025 while steadily reducing annual net losses from -$13.7M in FY2023 to -$2.6M in FY2025. However, profitability remains negative, with trailing twelve-month profit margins at -4.0% and an EPS of -$0.04.

Market cap
$137.8M
Revenue (TTM)
$45.1M
P/E
—
fwd 82.0x
1Y return
-25.4%
S&P 500 16.8%
Avg. target
$6.25
108.3% vs last close

Bull case

  • Revenue expanded at an 11.2% five-year CAGR, with FY2025 revenue rising 22.2% to $41.1M.
  • Analyst estimates project the company will achieve positive EPS of $0.04 on $56.3M in revenue in the next fiscal year.
  • The balance sheet remains supported by a net cash position of $5.0M and a current ratio of 2.72 as of June 30, 2026.

Bear case

  • The stock trades at a steep forward P/E of 82.0x compared to the US-listed Healthcare peer median of 17.3x.
  • The company generated trailing twelve-month losses, logging an EPS of -$0.04 and a profit margin of -4.0%.
  • Shareholder dilution has occurred over time, with the five-year share count increasing by 11.1%.

What KORU Medical Systems does

KORU Medical Systems, Inc. specializes in the design, manufacturing, and global distribution of portable medical devices tailored primarily for the ambulatory infusion market. Its core product lineup features mechanical infusion systems under the FREEDOM brand, which includes the FREEDOM60 and FreedomEdge syringe drivers, alongside HIgH-Flo subcutaneous safety needle sets and precision flow rate tubing. These products offer precise delivery of medications and therapies for diverse medical needs. The company also supplies educational and training resources for clinicians, patients, and advocates. Products are distributed worldwide through direct sales channels, distributor partnerships, and an online presence.

Growth and profitability

Annual revenue increased from $23.5M in FY2021 to $41.1M in FY2025, supported by 22.2% growth in FY2025 and 18.0% in FY2024. Over this period, gross margin improved from 58.6% in FY2021 to 62.3% in FY2025, peaking at 63.4% in FY2024. Operating margins narrowed their deficits from -38.6% in FY2022 to -7.2% in FY2025, with net income improving from -$13.7M in FY2023 to -$2.6M in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue grew 18.2% year-over-year, while quarterly earnings declined 66.0%. Trailing twelve-month operating margin turned positive at 5.2%, though trailing profit margin remained at -4.0%.

KRMD income statement →

Balance sheet and cash flow

As of June 30, 2026, KORU Medical Systems held $8.3M in cash and short-term investments against total debt of $3.2M, resulting in a net cash position of $5.0M. The company maintains a current ratio of 2.72 and a debt-to-equity ratio of 0.18, backed by $18.1M in shareholders' equity. Operating cash flow improved to $462,405 in FY2025 from -$4.3M in FY2021, while free cash flow stood at -$470,112. Capital expenditures were $932,517 in FY2025, and the five-year share count change shows an increase of 11.1%.

KRMD balance sheet →

Valuation and performance

At a market cap of $137.8M and enterprise value of $146.0M, KRMD trades at a forward P/E of 82.0x, significantly above the 17.3x median of its US-listed Healthcare peers. Its price-to-sales multiple of 3.1x sits below the peer median of 4.1x. Over the past year, KRMD shares declined 25.4%, lagging the S&P 500 (SPY) gain of 16.8%. Over a five-year period, the stock gained 4.5%, compared to an 83.0% gain for the S&P 500.

KRMD key metrics →

What analysts expect

Wall Street coverage includes 3 Strong Buy ratings, 1 Hold rating, and zero Sell ratings. The mean price target is $6.25, representing a 108.3% premium over the last close of $3.00. For the fiscal year ending December 31, 2026, analysts estimate revenue of $48.0M and EPS of -$0.01. For the following fiscal year, 2 analysts project revenue of $56.3M (17.2% growth) and EPS of $0.04. Over the last 4 quarters, the company has posted 3 EPS beats. The next earnings date is November 11, 2026.

KRMD forecast and price target →

Key risks and what to watch

  • The business remains unprofitable with a trailing twelve-month net loss margin of -4.0% and negative free cash flow of -$470,112 in FY2025.
  • Stock price momentum is weak, with shares down 48.4% year-to-date and trading 27.7% below their 200-day moving average.
  • Quarterly earnings growth dropped 66.0% year-over-year in the quarter ended June 30, 2026.
  • Cash resources total $8.3M, leaving a narrow liquidity cushion if operating cash flow reverses from its FY2025 level of $462,405.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this KRMD AI stock analysis

This page is an AI-written research summary of KORU Medical Systems, Inc. (KRMD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: KRMD income statement, KRMD balance sheet, KRMD key metrics, KRMD analyst forecast, KRMD chart. See the KRMD stock overview for the latest quote and news.

KRMD AI stock analysis FAQ

What products does KORU Medical Systems produce?

KORU Medical Systems manufactures mechanical ambulatory infusion systems under the FREEDOM brand, including the FREEDOM60 and FreedomEdge syringe drivers. It also supplies HIgH-Flo subcutaneous safety needle sets and precision flow rate tubing.

Is KORU Medical Systems profitable?

No, the company is not currently profitable. It reported a net loss of -$2.6M in FY2025 and an EPS of -$0.04 over the trailing twelve months, though analysts forecast positive EPS of $0.04 for the next fiscal year.

Does KRMD pay a dividend?

No, KORU Medical Systems does not pay a dividend.

What is the consensus analyst price target for KRMD?

The mean analyst price target is $6.25, which sits 108.3% above its last close of $3.00.

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