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EKSO

Ekso Bionics

$0.39

-0.0165 (-4.06%)

08:04
01/10/20
01/10
08:04
01/10/20
08:04

Ekso Bionics reports preliminary FY19 revenue $13.9M, consensus $13.77M

"We are very pleased with the record revenue estimated to have been achieved in the fourth quarter of 2019 and remain committed to identifying additional growth opportunities in 2020," said Jack Peurach, President and CEO of Ekso Bionics. "We believe that partnering with network operators is the most efficient way to drive adoption and to make this technology accessible to the most patients as quickly as possible. We are also working to grow our industrial segment by taking steps to engage with a broader mix of companies in additional markets beyond the manufacturing sector, including a variety of construction companies. We remain confident that our technologies in both the medical and industrial segments offer customers, patients and workers a compelling value proposition and have substantial clinical and commercial benefit."

EKSO Ekso Bionics
$0.39

-0.0165 (-4.06%)

03/26/19
AGIS
03/26/19
INITIATION
Target $3.7
AGIS
Buy
Ekso Bionics initiated with a Buy at Aegis
Aegis initiated Ekso Bionics with a Buy and $3.70 price target.
09/06/19
CANT
09/06/19
INITIATION
Target $1
CANT
Overweight
Ekso Bionics initiated with an Overweight at Cantor Fitzgerald
Cantor Fitzgerald analyst Craig Bijou started Ekso Bionics with an Overweight rating and $1 price target. The company's "differentiated and intuitive technology and flexible business model," combined with a clinical and economic value proposition to patients and clinics, should drive adoption and utilization of its exoskeletons going forward, Bijou tells investors in a research note. He believes Ekso's robotic exoskeletons have potential to help stroke and spinal cord injury patients recover and gain mobility faster than the current standard of care.
10/28/19
HCWC
10/28/19
INITIATION
Target $1.2
HCWC
Buy
Ekso Bionics initiated with a Buy at H.C. Wainwright
H.C. Wainwright analyst Swayampakula Ramakanth initiated coverage of Ekso Bionics with a Buy rating and $1.20 price target. Ekso develops and markets robotic exoskeletons for medical and industrial purposes, Ramakanth tells investors in a research note. The analyst projects Ekso's total revenue to grow to $155M by 2030 from $15M in 2019, with 89% coming from EksoHealth. The company is a "turnaround story in the making," says Ramakanth.

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