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Neuronetics STIM · USD

Health Care · US listing · 🇺🇸 United States

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2.18

+1.40%

Close of 9 Nov 2026, in USD

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About Neuronetics

From its filings with the US Securities and Exchange Commission

SEC filings

Neuronetics is based in Malvern, Pennsylvania and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker STIM. The SEC classifies its business as surgical & medical instruments & apparatus. In the fiscal year to 31 December 2025, it reported revenue of $149.2m and a net loss of $39.0m. At that date it held total assets of $141.6m and shareholders' equity of $22.4m.

In its own words

Neuronetics, Inc. (the “Company” or “Neuronetics” or the “Registrant”) believes that mental health is as important as physical health. As a global leader in neuroscience, the Company is delivering more treatment options to patients and healthcare providers by offering exceptional in-office treatments that produce extraordinary results. The Company’s first commercial product, the NeuroStar Advanced Therapy System, is a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation (“TMS”), to create a pulsed, magnetic resonance imaging (“MRI”)-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The system is cleared by the United States (“U.S.”) Food and Drug Administration (the “FDA”) to treat adult patients with major depressive disorder (“MDD”) who have failed to achieve satisfactory improvement from prior antidepressant medication in the current MDD episode. It is also cleared by the FDA as an adjunct for adults with obsessive-compulsive disorder (“OCD”) and for adolescent patients aged 15-21 with MDD. It is also cleared by the FDA to decrease anxiety symptoms in adult patients with MDD that may exhibit comorbid anxiety symptoms (anxious depression). In addition to selling the NeuroStar Advanced Therapy System and associated treatment sessions to customers, we operate Greenbrook treatment centers (“Treatment Centers”) across the U.S., offering NeuroStar Advanced Therapy.

Quoted from its 10-K, filed 17 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Health Care Equipment & Supplies
Listed since
28 Jun 2018
Employees
658
Head office
3222 PHOENIXVILLE PIKE, MALVERN, PA, 19355
Incorporated in
DE
Classification
Surgical & Medical Instruments & Apparatus
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Robert CascellaIndependent Non-Executive Chairman of the Board$255,209
  • Mr. Steven PfanstielChief Financial Officer, Executive Vice President, Treasurer
  • Mr. W. Andrew MacanExecutive Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary$1.1m
  • Dr. Avinash AminDirector$14,250
  • Mr. Sasha CucuzDirector$17,565
  • Ms. Sheryl ConleyIndependent Director$128,333
  • Mr. Glenn MuirIndependent Director$132,917
  • Ms. Megan RosengartenIndependent Director$121,667
  • Mr. Mark KlausnerManaging Partner

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
32
Environment
35
Social
37
Governance
25
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Neuronetics Inc possesses several strengths that contribute to its success:
  • Neuronetics Inc has developed an innovative technology for the treatment of neurological disorders.
  • The company holds significant intellectual property rights, protecting its technology and products.
  • Neuronetics Inc has built a strong brand reputation in the medical device industry, resulting in customer trust and loyalty.
  • The company has a dedicated team of skilled professionals who contribute to the research, development, and commercialization of its products.

Weaknesses

  • Despite its strengths, Neuronetics Inc faces certain weaknesses that need to be addressed:
  • The company currently offers a limited range of products, which could restrict its market potential.
  • Neuronetics Inc primarily focuses on a specific market segment, which makes it vulnerable to fluctuations in that particular market.

Opportunities

  • There are several opportunities that Neuronetics Inc can capitalize on:
  • The company can explore new geographic markets and expand its product offerings to reach a larger customer base.
  • Neuronetics Inc can establish strategic partnerships and collaborations with other medical device companies to leverage their expertise and resources.

Threats

  • Neuronetics Inc should be cautious of the following threats:
  • The company operates in a highly competitive market with several established players, which may pose challenges in terms of market share and pricing.
  • Changes in regulatory requirements and policies can affect the manufacturing, distribution, and marketing of Neuronetics Inc's products.

Sources and methodology

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