Milestone Scientific Inc. (MLSS) AI Stock Analysis
MLSS AI stock analysis summary
AI ResearchMilestone Scientific Inc. designs and commercializes computer-controlled injection technologies for dental and medical procedures. Over the trailing twelve months, the company generated $9.4M in revenue with a net profit margin of -44.0%. While quarterly revenue grew 22.3% year-over-year in the period ended June 30, 2026, the company continues to report negative cash flows.
- Market cap
- $29.6M
- Revenue (TTM)
- $9.4M
- P/E
- — fwd 18.2x
- 1Y return
- -27.4% S&P 500 16.8%
- Avg. target
- $1.25 282.8% vs last close
Bull case
- Quarterly revenue grew 22.3% year-over-year for the period ended June 30, 2026, supported by high gross margins of 70.5% in FY2025.
- The company maintains a positive net cash position of $1.5M with total debt limited to $615,703 as of June 30, 2026.
- Analyst consensus sets a mean price target of $1.25, representing potential upside of 282.8% over the October 16, 2026 closing price of $0.33.
Bear case
- Milestone Scientific recorded a net loss of -$5.7M in FY2025 and free cash flow of -$2.9M, highlighting ongoing operational cash burn.
- The stock has lagged broader benchmarks significantly, falling 84.5% over a 5-year span compared to an 83.0% gain for the S&P 500.
- Shareholder dilution has occurred as the total share count expanded by 33.9% over a 5-year period.
What Milestone Scientific does
Milestone Scientific Inc. specializes in the design, development, and global commercialization of innovative injection technologies across medical, dental, and cosmetic markets. The company operates in the United States and China through two main segments: Dental and Medical. Its dental lineup features the CompuDent and the STA Single Tooth Anesthesia System for local anesthetic delivery. In the medical market, the CompuFlo platform offers precise drug delivery, anesthetic administration, and fluid aspiration, supported by disposable injection handpieces. Its CompuMed system serves specialties such as plastic surgery, hair restoration, podiatry, dermatology, orthopedics, and colorectal procedures.
Growth and profitability
Milestone Scientific generated $9.0M in revenue in FY2025, reflecting 4.0% growth over FY2024 revenue of $8.6M. Gross margin stood at 70.5% in FY2025, compared to 74.6% in FY2024 and 69.1% in FY2023. Operating margin remained negative at -63.5% in FY2025, alongside a net loss of -$5.7M and EPS of -$0.06. From FY2020 through FY2025, revenue grew at a 5-year CAGR of 10.5%. Over the trailing twelve months ended June 30, 2026, revenue totaled $9.4M, with an operating margin of -37.4% and EPS of -$0.04. In the latest quarter ended June 30, 2026, quarterly revenue increased 22.3% year-over-year.
Balance sheet and cash flow
As of June 30, 2026, Milestone Scientific held $2.1M in cash and short-term investments against total debt of $615,703, resulting in net cash of $1.5M. Total assets stood at $8.3M and shareholders' equity was $3.5M. The company reported a current ratio of 1.85 and a debt-to-equity ratio of 0.18. Milestone Scientific used $2.9M in operating cash flow and recorded free cash flow of -$2.9M in FY2025, while capital expenditures totaled $15,124. Over five years, the company's share count increased by 33.9%.
Valuation and performance
Milestone Scientific trades at a forward P/E of 18.2x, compared to a median of 17.3x among its US-listed Healthcare peers. Its price-to-sales multiple is 3.1x, below the peer group median of 4.1x. The company has an enterprise value of $36.2M and a market capitalization of $29.6M, resulting in an EV-to-revenue ratio of 4.1x. Over the past year, MLSS shares declined 27.4%, trailing the S&P 500 return of 16.8%. Over a 5-year period, the stock fell 84.5% while the index gained 83.0%.
What analysts expect
Wall Street coverage includes 1 Strong Buy and 1 Buy rating from 2 analysts. The mean price target is $1.25, which represents a 282.8% premium to the last closing price of $0.33. For the fiscal year ending December 31, 2026, analysts project revenue of $10.0M and EPS of -$0.04, reflecting an estimated 42.9% EPS improvement. For the following fiscal year, consensus estimates forecast revenue of $11.4M and EPS of -$0.04. Milestone Scientific beat EPS estimates 0 times over the last 4 quarters, with next earnings scheduled for November 12, 2026.
Key risks and what to watch
- The company held $2.1M in cash and short-term investments as of June 30, 2026, after using -$2.9M in free cash flow during FY2025.
- Trailing twelve months return on equity is -121.7% and return on assets is -31.3%, reflecting continued unprofitability.
- Milestone Scientific missed EPS expectations in all of its last 4 quarters, recording 0 beats.
- A high price-to-book multiple of 10.9x is paired with a stockholders' equity base of only $3.5M.
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 MLSS AI stock analysis
This page is an AI-written research summary of Milestone Scientific Inc. (MLSS). 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: MLSS income statement, MLSS balance sheet, MLSS key metrics, MLSS analyst forecast, MLSS chart. See the MLSS stock overview for the latest quote and news.
MLSS AI stock analysis FAQ
What products does Milestone Scientific develop?
Milestone Scientific develops computer-controlled injection devices including the CompuDent and STA Single Tooth Anesthesia System for dentistry, as well as the CompuFlo and CompuMed systems for wider medical applications.
Does Milestone Scientific pay a dividend?
Milestone Scientific does not pay a dividend on its common stock.
What are analysts forecasting for MLSS revenue?
Analysts estimate current fiscal year revenue of $10.0M for 2026, followed by $11.4M for the next fiscal year, representing expected annual growth of 13.8%.
When does Milestone Scientific report next earnings?
Milestone Scientific is scheduled to report its next financial results on November 12, 2026.