Myomo, Inc. (MYO) AI Stock Analysis

NYSE American: MYOAI research summary: business, growth, valuation, analysts, bull and bear case.

MYO AI stock analysis summary

AI Research

Myomo, Inc. (MYO) is a commercial-stage medical robotics company that designs and produces myoelectric orthotics, including its MyoPro upper-limb device. Over the trailing twelve months, the company generated $43.3M in revenue, reflecting a 40.1% five-year revenue CAGR from FY2020 to FY2025. However, the company remains unprofitable, reporting net income of -$15.6M and free cash flow of -$16.3M in FY2025.

Market cap
$47.5M
Revenue (TTM)
$43.3M
P/E
—
1Y return
11.1%
S&P 500 16.8%
Avg. target
$4.64
286.7% vs last close

Bull case

  • Revenue expanded at a 40.1% five-year CAGR from FY2020 through FY2025, with quarterly revenue rising 21.3% year-over-year in the period ended June 30, 2026.
  • Myomo trades at a price-to-sales ratio of 1.1x, below the US-listed Healthcare peer median of 4.1x.
  • All 5 covering analysts maintain buy recommendations, establishing a mean target price of $4.64, which is 286.7% above the last close of $1.20.

Bear case

  • Annual net losses deepened to -$15.6M in FY2025, accompanied by an operating margin of -35.2% and trailing twelve-month profit margin of -33.5%.
  • Cash generation remains negative, highlighted by FY2025 operating cash flow of -$14.5M and free cash flow of -$16.3M.
  • Shareholders have experienced substantial dilution, reflected in a 552.1% increase in the share count over five years.

What Myomo does

Headquartered in Boston, Massachusetts, Myomo, Inc. is a wearable medical robotics company that designs, develops, and manufactures myoelectric orthotics for people with neuromuscular disorders across the United States. Founded in 2004, its flagship offering is MyoPro, a myoelectric-controlled upper limb orthosis designed to support weak or paralyzed arms and assist with daily living activities. MyoPro serves adults and adolescents affected by conditions such as stroke, brachial plexus injury, spinal cord injury, and traumatic brain injury. The company distributes its products through orthotics and prosthetics providers, rehabilitation hospitals, the Veterans Health Administration, and specialized distributor networks.

Growth and profitability

Myomo increased revenue from $13.9M in FY2021 to $19.2M in FY2023, $32.6M in FY2024, and $40.9M in FY2025, marking 25.7% revenue growth in FY2025. Gross margin contracted from 74.4% in FY2021 to 65.7% in FY2025. Operating margins also remained negative across all periods, landing at -35.2% in FY2025 as research and development expenses rose to $6.9M. Net income came in at -$10.4M in FY2021, -$6.2M in FY2024, and -$15.6M in FY2025. For the trailing twelve months ended June 30, 2026, revenue totaled $43.3M with a profit margin of -33.5%, while latest quarterly revenue expanded 21.3% year-over-year.

MYO income statement →

Balance sheet and cash flow

As of June 30, 2026, Myomo reported $13.5M in cash and short-term investments against $20.1M in total debt, resulting in net debt of $6.6M. The company finished the period with a current ratio of 2.31, shareholders' equity of $5.8M, and a debt-to-equity ratio of 3.44. In FY2025, operating cash flow was -$14.5M and capital expenditures were $1.7M, generating free cash flow of -$16.3M. Over the trailing five years, Myomo's share count increased 552.1%.

MYO balance sheet →

Valuation and performance

With a market capitalization of $47.5M and an enterprise value of $71.6M, Myomo trades at a price-to-sales multiple of 1.1x and an EV-to-revenue multiple of 1.7x. Its price-to-sales multiple is below the median of 4.1x for US-listed Healthcare peers, while its price-to-book ratio is 11.1x. Over the past year, the stock gained 11.1%, trailing the S&P 500's return of 16.8%. Over a five-year timeframe, Myomo fell 91.0%, while the S&P 500 returned 83.0%.

MYO key metrics →

What analysts expect

Consensus coverage shows 3 Strong Buy and 2 Buy recommendations, with no Hold, Sell, or Strong Sell ratings. The average price target is $4.64, representing a 286.7% premium over the October 16, 2026 closing price of $1.20. For the fiscal year ending December 31, 2026, analysts estimate revenue of $45.6M and an EPS of -$0.31. For the following fiscal year, 3 analysts project revenue of $51.2M, representing 12.3% growth, alongside an EPS of -$0.22. Myomo beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 9, 2026.

MYO forecast and price target →

Key risks and what to watch

  • A negative operating cash flow of -$14.5M in FY2025 threatens the sustainability of the company's $13.5M cash reserve as of June 30, 2026.
  • The balance sheet holds $20.1M in total debt against $5.8M in equity, creating a high debt-to-equity ratio of 3.44.
  • A beta of 1.58 indicates significant stock volatility, which aligns with its 91.0% decline over the past five years.

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 MYO AI stock analysis

This page is an AI-written research summary of Myomo, Inc. (MYO). 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: MYO income statement, MYO balance sheet, MYO key metrics, MYO analyst forecast, MYO chart. See the MYO stock overview for the latest quote and news.

MYO AI stock analysis FAQ

What products does Myomo manufacture?

Myomo develops wearable medical robotics, centered on its flagship product MyoPro. MyoPro is a myoelectric upper limb orthosis designed to help adults and adolescents with paralyzed or weakened arms restore functional mobility.

Is Myomo profitable?

No, Myomo is not profitable. The company recorded net income of -$15.6M in FY2025, and analysts project an EPS of -$0.31 for the fiscal year ending December 31, 2026.

What is the revenue outlook for Myomo?

Myomo generated $40.9M in revenue in FY2025. Analysts forecast revenue will reach $45.6M in FY2026 and rise 12.3% to $51.2M in the following fiscal year.

How much debt does Myomo have?

As of June 30, 2026, Myomo carried $20.1M in total debt and $13.5M in cash and short-term investments, resulting in net debt of $6.6M and a debt-to-equity ratio of 3.44.

Does MYO stock pay a dividend?

No, Myomo does not pay a dividend. The company directs its capital toward operations, including $6.9M spent on research and development in FY2025.

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