SI · Shoulder Innovations, Inc.

Track SI — free

$22.10 -1.16 (-4.99%) At close · Aug 20

Market Cap

$457.39M

20.82M

Up next

Next earnings call

Oct 20, 2026 Est · unconfirmed · in 9 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Aug 6, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Ask ALVIS about this →

Equibles Rating

blended score · not investment advice

Overall

Buy

SellHoldBuy

Technical Buy Momentum Very Strong Sentiment Neutral Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 14.9 · calm Equity put/call 0.52

Technical

price trend

Buy

50 / 200-day cross No cross

Price vs 200-day avg +40%

above

Price vs 50-day avg +6%

above

RSI (14) 54

neutral

MACD trend Positive

52-week position 84%

mid-range

Momentum

relative strength

Very Strong

1-month return +9%

trailing

6-month return +63%

trailing

YTD return +55%

this year

Relative strength +52%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $21 › 200d $16 — 50d above 200d

Institutional flow Accumulating

+24% holders QoQ · +25 funds added

Insider flow Distributing

Net -$3.8M over 90 days · 100% sells

Short interest Rising

1.04% of float · ▲ +3.8% MoM · 2.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

72 holders — near 1-yr high, broad support

Squeeze score 53

elevated · 0–100

Fundamentals

Excellent

Revenue growth +50%

Y/Y

Gross margin 77%

contracting

EPS growth +98%

Y/Y

Free cash flow $-36.0M

Balance sheet $12.0M

net cash

Quant / Vol

risk profile

Very High

Volatility 77%

annualized · 1-yr

Max drawdown −31%

past year

ATR 7.1%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Latest guidance · from the 8-K filed Aug 6, 2026

Net revenue · full year 2026 Initiated $67M – $69M

prior FY $47.32M midpoint +43.7% Y/Y

Prior guidance period ended · from the 8-K filed Sep 9, 2025

Revenue · full year 2025 $42M – $44M

Guided vs delivered · last 1 settled

Revenue full year 2025

guided $42M – $44M

guided $42M – $44M $47.32M Beat +10.0%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy

0 · 3 · 3

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+40% Bullish

Price vs 50-day avg

+6% Bullish

RSI (14)

54 Neutral

MACD trend

Positive Bullish

52-week position

84% Neutral

Market signals — smart money & positioning

Mixed

Trend (MA cross) No cross

50d $21 › 200d $16 — 50d above 200d

Institutional flow Accumulating

+24% holders QoQ · +25 funds added

Insider flow Distributing

Net -$3.8M over 90 days · 100% sells

Short interest Rising

1.04% of float · ▲ +3.8% MoM · 2.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

72 holders — near 1-yr high, broad support

Price context

position in its 52-week range

Range low $11 Now $22 · 84% Range high $24

vs 200-day avg +40% vs 50-day avg +6%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted EBITDA non-GAAP	-8.02M	Three Months Ended June 30, 2026	—
Average selling price of implant systems	$7,674	the second quarter	—

Total implant systems sold	2,238	the second quarter	—

core surgeons and contender surgeons	134	full year 2025	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

% held: 40.0%
Net QoQ: +705.9K sh
Top holder: FMR LLC

Held Float

View

Held by Funds

Fund positions

View

Short & Settlement

Short Interest Rising

Shares short

216.3K

Days to cover: 2.4d
Change: +7.9K sh

View

Short Volume

Short vol %

45%

As of: Aug 20, 2026

Short Total

View

Fails to Deliver

FTD shares

1.2K

Value: $26.7K
As of: Jul 31, 2026

View

Off-Exchange

Off-exchange %

37.8%

Week of: Jul 13, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$3.8M

Buyers / Sellers: 0 / 1

Buyers Sellers

View

Congressional Trades Sell

Member

Christopher L. Jacobs

Amount: $1.0K–$15.0K
Traded: Nov 8, 2022

View

Financials

Revenue (FY)

$47.3M

Net income (FY): $-40.4M
EPS diluted: $-4.65

View

Filings

SEC Filings

Latest

Investor Event Transcript

Filed: Aug 12, 2026
This year: 14

View

Proposed Sales

Value

$466.4K

Shares: 22.5K
Filed: Aug 17, 2026

View

Exempt Offerings

Offering

$40.1M

Filed: Mar 18, 2025

View

Earnings & Events

Earnings Calls

Last call

Aug 12, 2026

View

Performance

	5D	20D	120D	MTD	YTD
SI	+14.9%	+8.9%	+63.0%	-2.8%	+54.6%
SPY	-2.0%	+3.3%	+11.2%	+2.1%	+11.8%
vs SPY	+16.9%	+5.6%	+51.8%	-4.9%	+42.7%

Key facts CIK 1699350 CUSIP 82537J108 13F (30d) 69 filings 68 filers Visit website Investor relations

SI · Shoulder Innovations, Inc.

Price & Indicators

Up next

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

At a glance

Performance