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PMI Overview

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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
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At close
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ET
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Intellectia

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High
0.158
Open
0.158
VWAP
0.15
Vol
16.61M
Mkt Cap
13.62M
Low
0.138
Amount
2.46M
EV/EBITDA(TTM)
--
Total Shares
92.35M
EV
16.45M
EV/OCF(TTM)
--
P/S(TTM)
1.98
Picard Medical, Inc. is a holding company that owns a 100% interest in SynCardia Systems, LLC (SynCardia). SynCardia is a medical technology company that manufactures and sells the only United States Food and Drug Administration (FDA) and Health Canada-approved implantable total artificial heart (SynCardia TAH). The SynCardia TAH is a biventricular replacement device that consists of the SynCardia TAH implant, an external pneumatic driver that delivers precisely calibrated pulses of air to drive the implant, and drivelines that connect the driver to the implant. The SynCardia TAH implant is a system that consists of two independent artificial ventricles which are powered by an external pneumatic driver. Each artificial ventricle is made of a semi-rigid polyurethane housing and a rigid polyurethane base, with a four-layer flexible polyurethane diaphragm separating the blood chamber from the air chamber.
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Events Timeline

(ET)
2026-03-19
08:30:00
Picard Medical Highlights Successful Heart Transplant Case Using Total Artificial Heart
select
2026-02-12 (ET)
2026-02-12
08:50:00
Picard Medical Announces UCSF's First Heart Transplant Success
select
2026-01-12 (ET)
2026-01-12
11:10:00
Company Not Selling Common Stock, No Proceeds Received
select

News

Newsfilter
9.5
05-29Newsfilter
PinnedPicard Medical Reviews 2025 Financials and Future Outlook
  • Significant Financial Growth: In 2025, the company achieved total revenue of $4.9 million, a 12.5% increase, with product revenue constituting 96%, indicating sustained market demand in cardiac medical technology and boosting investor confidence.
  • Capital Structure Optimization: The company raised $17.4 million in net proceeds from its IPO and ended 2025 with $11.5 million in cash, a substantial increase from $0.1 million at the end of 2024, reflecting significant progress in financial management.
  • Product Innovation Progress: The SynCardia TAH, the only total artificial heart approved by both the FDA and Health Canada, has been implanted over 2,100 times across 27 countries, demonstrating its widespread application potential in the heart transplant field to meet growing patient needs.
  • Future Development Strategy: The company aims to achieve profitability by expanding production capacity, reducing per-unit costs, and improving gross margins, while actively seeking FDA approval for new products to broaden the eligible patient population and enhance market competitiveness.
seekingalpha
9.5
05-21seekingalpha
Picard Medical Reports Q1 Net Loss of $7.6M with 85% Revenue Growth
  • Financial Performance: Picard Medical reported a net loss of $7.6 million in Q1, despite achieving an 85% year-over-year revenue growth to $1.2 million, indicating potential in market expansion but raising concerns about the impact of ongoing losses on future financing.
  • Revenue Growth: The company's revenue increased from $650,000 in the same quarter last year to $1.2 million, reflecting a significant rise in product demand; however, persistent losses may affect investor confidence and stock performance.
  • Market Outlook: Despite the losses, Picard Medical's revenue growth suggests enhanced competitiveness in the medical market, and effective cost control could improve financial health and attract further investment in the future.
  • Historical Data Comparison: Compared to historical financial data, the current revenue growth rate indicates progress in product development and marketing efforts, yet ongoing losses require management's attention to ensure sustainable growth.
seekingalpha
9.5
04-22seekingalpha
Picard Medical Reports Q1 Revenue of $1.1M Driven by Increased STAH Utilization
  • Revenue Growth: Picard Medical reported Q1 revenue of $1.1 million, reflecting a significant increase compared to the previous year, indicating rising demand for heart medical devices in the market.
  • Increased Utilization: The higher utilization of the SynCardia Total Artificial Heart directly contributed to revenue growth, showcasing the company's technological advantage and market acceptance in cardiac treatment.
  • Rental Income Boost: The increase in driver rental income further strengthened the company's financial performance, indicating growing customer reliance on its devices and laying a foundation for future revenue growth.
  • Positive Market Outlook: With the rising number of heart disease patients, demand for Picard Medical's products is expected to continue growing, and the company's strategic positioning in the cardiac medical field will further solidify its market presence.
Newsfilter
8.5
04-16Newsfilter
Picard Medical Participates in ISHLT 2026 Annual Meeting
  • Conference Participation: Picard Medical will showcase its latest fully implantable artificial heart technology at the ISHLT 2026 Annual Meeting on April 24, 2026, highlighting the company's ongoing innovation in treating heart and lung diseases.
  • Technology Presentation: Andre R. Simon, Vice President of Clinical Affairs at SynCardia, will present a poster on the 'Emperor Total Artificial Heart,' emphasizing the development progress of the next-generation fully implantable heart platform, which is expected to attract significant attention from clinical experts.
  • Industry Impact: Participation in the conference not only demonstrates Picard Medical's engagement with the global clinical community but also underscores the company's commitment to advancing innovation in mechanical circulatory support through scientific exchange and collaboration, potentially enhancing its market position.
  • Global Network: SynCardia's artificial heart technology has been implanted over 2,100 times across 27 countries, making it the most widely used and extensively studied artificial heart globally, further solidifying its leadership in the heart disease treatment market.
Globenewswire
7.0
04-13Globenewswire
Class Action Lawsuit Reminder Against Picard Medical, Inc.
  • Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Picard Medical, Inc. (NYSE American:PMI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934, concerning securities purchased between September 2, 2025, and October 31, 2025.
  • False Statement Allegations: The complaint alleges that Picard made false and misleading statements to the market, engaging in a manipulation scheme to fraudulently inflate its share price, resulting in investor losses when the truth emerged.
  • Investor Rights Protection: Affected investors are encouraged to contact the Schall Law Firm before April 13, 2026, to participate in the lawsuit and seek compensation, noting that the class has not yet been certified, leaving investors unrepresented until then.
  • Legal Consultation Services: The Schall Law Firm offers free legal consultations, allowing investors to discuss their rights and understand the steps to participate in the lawsuit via phone or email.
PRnewswire
7.0
04-10PRnewswire
Faruqi & Faruqi Encourages Picard Medical Investors to Reach Out
  • Legal Investigation Initiated: Faruq & Faruqi, LLP is investigating potential claims against Picard Medical, particularly for investors who purchased securities between September 2, 2025, and October 31, 2025, highlighting the firm's commitment to protecting investor rights.
  • Investor Contact Information: Partner Josh Wilson encourages affected investors to reach out directly at 877-247-4292 or 212-983-9330 (Ext. 1310), providing a clear legal consultation channel to help investors understand their rights.
  • Class Action Deadline: The firm reminds investors that the deadline to seek the role of lead plaintiff in the federal securities class action against Picard Medical is April 13, 2026, emphasizing the importance of timely action to safeguard investor legal rights.
  • Role of Securities Law Firm: As a leading national securities law firm, Faruqi & Faruqi's investigation indicates potential legal risks for Picard Medical, urging investors to stay informed about the situation to assess potential losses and legal options.

Valuation Metrics

The current forward P/E ratio for Picard Medical Inc (PMI.A) is 0.00, compared to its 5-year average forward P/E of 0.00. For a more detailed relative valuation and DCF analysis to assess Picard Medical Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
0.00
Current PE
0.00
Overvalued PE
0.00
Undervalued PE
0.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.07
Current EV/EBITDA
-0.73
Overvalued EV/EBITDA
0.14
Undervalued EV/EBITDA
-0.28

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.22
Current PS
2.37
Overvalued PS
0.91
Undervalued PS
-0.47

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Frequently Asked Questions

What is Picard Medical Inc (PMI) stock price today?

The current price of PMI is 0.1475 USD — it has decreased -2

What is Picard Medical Inc (PMI)'s business?

Picard Medical, Inc. is a holding company that owns a 100% interest in SynCardia Systems, LLC (SynCardia). SynCardia is a medical technology company that manufactures and sells the only United States Food and Drug Administration (FDA) and Health Canada-approved implantable total artificial heart (SynCardia TAH). The SynCardia TAH is a biventricular replacement device that consists of the SynCardia TAH implant, an external pneumatic driver that delivers precisely calibrated pulses of air to drive the implant, and drivelines that connect the driver to the implant. The SynCardia TAH implant is a system that consists of two independent artificial ventricles which are powered by an external pneumatic driver. Each artificial ventricle is made of a semi-rigid polyurethane housing and a rigid polyurethane base, with a four-layer flexible polyurethane diaphragm separating the blood chamber from the air chamber.

What is the price predicton of PMI Stock?

Wall Street analysts forecast PMI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for PMI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Picard Medical Inc (PMI)'s revenue for the last quarter?

Picard Medical Inc revenue for the last quarter amounts to 1.15M USD, increased 85.48

What is Picard Medical Inc (PMI)'s earnings per share (EPS) for the last quarter?

Picard Medical Inc. EPS for the last quarter amounts to -0.10 USD, increased 11.11

How many employees does Picard Medical Inc (PMI). have?

Picard Medical Inc (PMI) has 75 emplpoyees as of May 31 2026.

What is Picard Medical Inc (PMI) market cap?

Today PMI has the market capitalization of 13.62M USD.