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Ekso Bionics Holdings Inc. (EKSO) stock has tumbled to a 52-week low, reaching a price level of just $0.25. According to InvestingPro data, the company’s market capitalization has shrunk to $7.4 million, with the stock currently trading at 0.76 times book value. This significant drop reflects a challenging year for the company, with the stock experiencing a precipitous decline of -74.92% over the past year. Investors have been closely monitoring the company’s performance, as the current price marks the lowest point for the stock within the last year, raising concerns about the company’s future prospects and the potential for a turnaround. InvestingPro analysis indicates the stock is currently undervalued, with additional metrics and 13 more ProTips available to subscribers, including detailed insights on the company’s cash position and financial health score of 2.22 (FAIR).
In other recent news, Ekso Bionics reported a larger-than-expected loss for the first quarter of 2025, with earnings per share at -$0.12, missing the analyst forecast of -$0.08. The company’s revenue for the quarter was $3.4 million, which fell short of the anticipated $4.8 million. This revenue decline is partly due to decreased enterprise sales of the EksoNR, though there was an increase in sales of the Ekso Indego Personal. H.C. Wainwright adjusted its price target for Ekso Bionics shares from $9.00 to $4.00, maintaining a Buy rating, citing a decline in enterprise revenue due to customer budget cuts. Ekso Bionics has also announced a 1-for-15 reverse stock split to comply with the Nasdaq Capital Market’s minimum bid price requirement. The reverse stock split, approved by shareholders, aims to stabilize the company’s market position by reducing the number of outstanding shares. Despite the downturn in revenue, the company maintains a gross margin of 54% and reported a gross profit of $1.8 million. Ekso Bionics anticipates a recovery in enterprise sales from integrated delivery networks later this year, contingent on improvements in the broader macroeconomic climate.
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