BioStem Technologies (BSEM)


Market Price (11/6/2026): $1.01 | Market Cap: $18.9 MilSector: Health Care | Industry: Biotechnology

BioStem Technologies (BSEM)


Market Price (11/6/2026): $1.01
Market Cap: $18.9 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 41%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 35%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -32%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 735%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -66%

Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, Biopharmaceutical R&D, Show more.

Weak multi-year price returns
2Y Excs Rtn is -129%, 3Y Excs Rtn is -149%

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -57%

High stock price volatility
Vol 12M is 121%

Key risks
BSEM key risks include [1] adverse changes to CMS reimbursement policies and a potential loss of Medicare coverage, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 41%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 35%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -32%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 735%
3 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -66%
4 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Targeted Therapies, Biopharmaceutical R&D, Show more.
5 Weak multi-year price returns
2Y Excs Rtn is -129%, 3Y Excs Rtn is -149%
6 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -57%
7 High stock price volatility
Vol 12M is 121%
8 Key risks
BSEM key risks include [1] adverse changes to CMS reimbursement policies and a potential loss of Medicare coverage, Show more.

BSEM in ETFs

Weight = BSEM's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/1/2026

BioStem Technologies (BSEM) stock has lost about 70% since 7/31/2026 because of the following key factors:

1. Significant Deterioration in Fiscal Q2 2026 Financial Performance.

BioStem Technologies reported its fiscal Q2 2026 results on August 12, 2026, which showed a substantial decline in profitability. The company posted a GAAP net loss of approximately $9.0 million, or -$0.52 per share, a significant miss compared to analyst consensus estimates of -$0.50 per share and a reversal from near break-even in fiscal Q2 2025. Adjusted EBITDA also turned to a loss of roughly $4.6 million, down from an income of $2.5 million in the prior year period. Furthermore, gross margin sharply compressed to about 61% from 94% in fiscal Q2 2025, and cash and cash equivalents decreased to $7.0 million by June 30, 2026, from $13.7 million at the end of fiscal Q1 2026. This performance was partly attributed to a CMS pricing reset in its wound-care business, leading to a year-over-year revenue decrease from $11.0 million in fiscal Q2 2025 to $7.9 million in fiscal Q2 2026, despite a sequential increase.

2. Share Dilution Concerns from Recent Financing Activities.

The company engaged in multiple financing activities that likely fueled investor concerns regarding share dilution. On September 30, 2026, BioStem completed a private placement, issuing 735,296 common shares at $4.08 per share, which generated approximately $3.0 million in gross proceeds. This placement also included warrants that, if fully exercised, could lead to an additional $5.6 million and further share issuance. Additionally, the company secured a committed equity facility of up to $40 million on September 18, 2026, and registered to sell 2.22 million shares of common stock for holders, indicating a potential for future dilution.

Show more
Updated on 11/1/2026

BioStem Technologies (BSEM) stock has lost about 70% since 7/31/2026 because of the following key factors:

1. Significant Deterioration in Fiscal Q2 2026 Financial Performance.

BioStem Technologies reported its fiscal Q2 2026 results on August 12, 2026, which showed a substantial decline in profitability. The company posted a GAAP net loss of approximately $9.0 million, or -$0.52 per share, a significant miss compared to analyst consensus estimates of -$0.50 per share and a reversal from near break-even in fiscal Q2 2025. Adjusted EBITDA also turned to a loss of roughly $4.6 million, down from an income of $2.5 million in the prior year period. Furthermore, gross margin sharply compressed to about 61% from 94% in fiscal Q2 2025, and cash and cash equivalents decreased to $7.0 million by June 30, 2026, from $13.7 million at the end of fiscal Q1 2026. This performance was partly attributed to a CMS pricing reset in its wound-care business, leading to a year-over-year revenue decrease from $11.0 million in fiscal Q2 2025 to $7.9 million in fiscal Q2 2026, despite a sequential increase.

2. Share Dilution Concerns from Recent Financing Activities.

The company engaged in multiple financing activities that likely fueled investor concerns regarding share dilution. On September 30, 2026, BioStem completed a private placement, issuing 735,296 common shares at $4.08 per share, which generated approximately $3.0 million in gross proceeds. This placement also included warrants that, if fully exercised, could lead to an additional $5.6 million and further share issuance. Additionally, the company secured a committed equity facility of up to $40 million on September 18, 2026, and registered to sell 2.22 million shares of common stock for holders, indicating a potential for future dilution.

3. Unresolved $10 Million Debt Obligation.

Adding to financial uncertainty, BioStem Technologies failed to make a $10.0 million payment to BioTissue, which was due by September 15, 2026. This payment was contingent upon BioTissue receiving 510(k) clearance for Catalyze. As of September 30, 2026, this payment remained unpaid, with BioStem engaged in discussions with BioTissue regarding timing and terms. This outstanding obligation suggests potential liquidity challenges or disputes impacting the company's financial stability.

4. Challenging Macroeconomic Environment for Smaller Biotechnology Companies.

The broader biotechnology sector faced headwinds that disproportionately affected smaller and clinical-stage companies like BioStem Technologies during fiscal Q3 2026. The U.S. biopharma market became more selective, with clinical-stage and small-to-mid-cap companies lagging their larger, commercial-stage counterparts. Venture capital investment tightened, with early-stage funding continuing to decline into 2026. The Federal Reserve's 25-basis-point interest rate hike in September 2026 also contributed to a more cautious market sentiment, impacting funding accessibility and investor appetite for riskier assets in the biotech space.

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Stock Movement Drivers

Fundamental Drivers

The -68.6% change in BSEM stock from 7/31/2026 to 11/5/2026 was primarily driven by a -66.9% change in the company's P/E Multiple.
(LTM values as of)731202611052026Change
Stock Price ($)3.311.04-68.6%
Change Contribution By: 
Total Revenues ($ Mil)2952960.4%
Net Income Margin (%)7.8%7.4%-5.8%
P/E Multiple2.40.8-66.9%
Shares Outstanding (Mil)17170.2%
Cumulative Contribution-68.6%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/5/2026
ReturnCorrelation
BSEM-68.6% 
Market (SPY)-1.9%7.3%
Sector (XLV)13.8%1.9%

Fundamental Drivers

The -76.9% change in BSEM stock from 4/30/2026 to 11/5/2026 was primarily driven by a -75.6% change in the company's P/E Multiple.
(LTM values as of)430202611052026Change
Stock Price ($)4.511.04-76.9%
Change Contribution By: 
Total Revenues ($ Mil)2952960.4%
Net Income Margin (%)7.8%7.4%-5.8%
P/E Multiple3.30.8-75.6%
Shares Outstanding (Mil)17170.2%
Cumulative Contribution-76.9%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/5/2026
ReturnCorrelation
BSEM-76.9% 
Market (SPY)2.3%13.6%
Sector (XLV)27.2%-5.1%

Fundamental Drivers

The -78.5% change in BSEM stock from 10/31/2025 to 11/5/2026 was primarily driven by a -79.8% change in the company's P/E Multiple.
(LTM values as of)1031202511052026Change
Stock Price ($)4.841.04-78.5%
Change Contribution By: 
Total Revenues ($ Mil)2882962.6%
Net Income Margin (%)7.0%7.4%4.9%
P/E Multiple3.90.8-79.8%
Shares Outstanding (Mil)1717-1.0%
Cumulative Contribution-78.5%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/5/2026
ReturnCorrelation
BSEM-78.5% 
Market (SPY)8.4%16.5%
Sector (XLV)29.8%-3.5%

Fundamental Drivers

The -65.9% change in BSEM stock from 10/31/2023 to 11/5/2026 was primarily driven by a -99.2% change in the company's P/S Multiple.
(LTM values as of)1031202311052026Change
Stock Price ($)3.051.04-65.9%
Change Contribution By: 
Total Revenues ($ Mil)52965486.6%
P/S Multiple7.20.1-99.2%
Shares Outstanding (Mil)1317-24.8%
Cumulative Contribution-65.9%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/5/2026
ReturnCorrelation
BSEM-65.9% 
Market (SPY)81.3%10.0%
Sector (XLV)55.5%5.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BSEM Return-28%188%96%136%-72%-73%-28%
Peers Return-8%-19%52%-12%-9%-18%-25%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
BSEM Win Rate25%67%50%50%42%36% 
Peers Win Rate57%42%53%43%38%45% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
BSEM Max Drawdown-52%-38%-67%-55%-82%-87% 
Peers Max Drawdown-43%-49%-39%-39%-44%-49% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MDXG, ORGO, SMTI, IART, SYK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/5/2026 (YTD)

How Low Can It Go

EventBSEMS&P 500
2025 US Tariff Shock
  % Loss-45.9%-18.8%
  % Gain to Breakeven84.9%23.1%
  Time to Breakeven16 days79 days
2024 Yen Carry Trade Unwind
  % Loss-17.5%-7.8%
  % Gain to Breakeven21.2%8.5%
  Time to Breakeven3 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-17.9%-9.5%
  % Gain to Breakeven21.7%10.5%
  Time to Breakeven3 days24 days
2023 SVB Regional Banking Crisis
  % Loss-67.3%-6.7%
  % Gain to Breakeven205.8%7.1%
  Time to Breakeven102 days31 days
2020 COVID-19 Crash
  % Loss-33.3%-33.7%
  % Gain to Breakeven50.0%50.9%
  Time to Breakeven14 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-25.9%-19.2%
  % Gain to Breakeven35.0%23.8%
  Time to Breakeven1799 days105 days

Compare to MDXG, ORGO, SMTI, IART, SYK

In The Past

BioStem Technologies's stock fell -45.9% during the 2025 US Tariff Shock. Such a loss loss requires a 84.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventBSEMS&P 500
2025 US Tariff Shock
  % Loss-45.9%-18.8%
  % Gain to Breakeven84.9%23.1%
  Time to Breakeven16 days79 days
2023 SVB Regional Banking Crisis
  % Loss-67.3%-6.7%
  % Gain to Breakeven205.8%7.1%
  Time to Breakeven102 days31 days
2020 COVID-19 Crash
  % Loss-33.3%-33.7%
  % Gain to Breakeven50.0%50.9%
  Time to Breakeven14 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-25.9%-19.2%
  % Gain to Breakeven35.0%23.8%
  Time to Breakeven1799 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-34.6%-3.7%
  % Gain to Breakeven52.8%3.9%
  Time to Breakeven24 days6 days
2014-2016 Oil Price Collapse
  % Loss-92.2%-6.8%
  % Gain to Breakeven1190.3%7.3%
  Time to Breakeven8 days15 days
2013 Taper Tantrum
  % Loss-85.5%-0.2%
  % Gain to Breakeven592.0%0.2%
  Time to Breakeven200 days1 days

Compare to MDXG, ORGO, SMTI, IART, SYK

In The Past

BioStem Technologies's stock fell -45.9% during the 2025 US Tariff Shock. Such a loss loss requires a 84.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About BioStem Technologies (BSEM)

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AI Analysis | Feedback

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  • BioStem Amniotic Tissue Allograft: Human amniotic tissue products processed for use in regenerative medicine applications, including wound care, surgical recovery, and pain management.
  • BioStem Umbilical Cord Tissue Allograft: Human umbilical cord tissue products processed for regenerative medicine applications, often utilized for chronic wounds, soft tissue repair, and musculoskeletal conditions.

AI Analysis | Feedback

BioStem Technologies (BSEM) specializes in the development, manufacturing, and commercialization of allograft products derived from birth tissues, used in regenerative medicine across various medical fields such as wound care, orthopedics, and pain management. The company primarily sells its products to healthcare providers rather than directly to individual patients.

Therefore, BioStem Technologies' major customers are other companies and institutions within the healthcare sector. While specific publicly traded customer companies are not typically disclosed due to the fragmented nature of the healthcare provider market, the categories of customers they serve include:

  • Hospitals and Hospital Systems: Institutions that utilize regenerative medicine products for surgical procedures, wound management, and various therapeutic applications.
  • Specialty Clinics: This encompasses a wide range of clinics focusing on specific medical areas, such as orthopedic clinics, pain management clinics, wound care centers, and ophthalmology clinics.
  • Physician Practices: Individual or group medical practices that incorporate BioStem's allograft products into their treatment protocols for patients.

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Jason Matuszewski, Chief Executive Officer and Chairman of the Board

Jason Matuszewski co-founded BioStem Technologies in 2014. He began his career as a technical engineer at Adecco at SC Johnson in 2009 and later transitioned to manufacturing and quality engineering roles at organizations such as ATI Ladish Forging, Nemak, and HUSCO International. His philanthropic work with the Juvenile Diabetes Research Foundation inspired him to co-found BioStem. As CEO, he has been instrumental in optimizing tissue sourcing and establishing a 6,000 square foot tissue processing facility compliant with FDA and AATB standards. He holds a B.S. in Mechanical Engineering Technology and is Six Sigma Black Belt certified. Matuszewski was recognized as an Entrepreneur Of The Year® 2025 Florida Award winner.

Brandon Poe, Chief Financial Officer

Brandon Poe was appointed Chief Financial Officer of BioStem Technologies on August 14, 2025, bringing over 25 years of financial experience across the healthcare and life sciences sectors. Prior to joining BioStem, he served as CFO of Midi Health, Inc., a privately held digital women's healthcare company, and Jumpcode Genomics, Inc., also a privately held life sciences company. Earlier in his career, he spent eight years at Illumina, Inc. (NASDAQ: ILMN), a publicly traded life sciences company, holding various senior finance positions, including Vice President of Finance for Product Development, Research and Global Operations. Poe has also served on BioStem's Board of Directors since 2022. He earned an undergraduate degree from Bucknell University and an MBA from the University of Chicago's Booth School of Business.

Andrew Van Vurst, CTBS, Chief Operating Officer

Andrew Van Vurst co-founded BioStem Technologies in 2014. He played a key role in the company's development, focusing on establishing revenue streams and ensuring compliance with FDA, state pharmacy board, FINRA, and SEC guidelines. During the early years of BioStem Technologies, he also served as Director of Operations for Nesvik Pharmaceuticals and Qualified Pharma Ingredients, where he managed research and development activities for four 505(b)(2) products and built an API repackaging facility.

Michael Fortunato, CPA, Chief Accounting Officer

Michael Fortunato previously served as the Chief Financial Officer of BioStem Technologies before assuming the role of Chief Accounting Officer in August 2025, following Brandon Poe's appointment as CFO.

Barry Hassett, Chief Commercial Officer

Barry Hassett serves as the Chief Commercial Officer of BioStem Technologies.

AI Analysis | Feedback

The key risks to BioStem Technologies (BSEM) primarily revolve around the highly regulated healthcare industry, the complexities of integrating recent acquisitions, and the competitive and rapidly evolving nature of regenerative medicine.

  1. Regulatory and Reimbursement Risks: BioStem Technologies' business heavily relies on healthcare adoption, reimbursement policies, and stringent quality and regulatory standards. Changes in reimbursement, particularly from the Centers for Medicare & Medicaid Services (CMS), pose a significant threat, with analysts having flagged potential higher operating expenses and the risk of losing Medicare coverage as key concerns that would directly impact sales.

  2. Integration Risk from Acquisitions and Operational Complexity: The company recently completed a significant acquisition of BioTissue Holdings' surgical and wound care business, which includes expanding into hospital settings and integrating a national sales force. This expansion introduces substantial integration risks, including the challenge of timely and effective execution of bringing manufacturing in-house and potential cost pressures if hospital demand or pricing do not meet management's expectations. The integration of a larger sales force and new manufacturing plans is likely to increase operational complexity and costs.

  3. Competition and Technological Obsolescence: BioStem Technologies operates in a competitive landscape, and intense competition could negatively impact its business, operational results, and financial stability. Furthermore, the field of regenerative medicine is subject to rapid technological advancements, meaning the company's products could become obsolete if it fails to continuously enhance its offerings through ongoing research and development efforts.

AI Analysis | Feedback

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BioStem Technologies (BSEM) operates in the advanced wound care and regenerative medicine markets, primarily offering placental-derived allografts.

The company is targeting an addressable market of $23 billion for its advanced allograft solutions. This market size pertains to the combined chronic and acute wound care markets.

More specifically, the market for chronic wounds, including diabetic ulcers, is estimated to be between $9 billion and $13 billion. The acquisition of BioTissue Holdings' surgical and wound care business has expanded BioStem Technologies' reach into both chronic and acute wound care markets, including hospital inpatient, outpatient, and ambulatory surgery centers.

The market size figures primarily refer to the U.S. region.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for BioStem Technologies (BSEM)

BioStem Technologies (BSEM) anticipates several key drivers for future revenue growth over the next 2-3 years, primarily stemming from a strategic repositioning towards the hospital market and expansion of its commercial capabilities.

  1. Expansion into the Hospital Market and Deeper GPO Contract Utilization: In January 2026, BioStem Technologies completed a significant acquisition that transitioned its business focus from physician offices to hospitals. This acquisition introduced perinatal tissue allografts, an established sales organization, and crucial Group Purchasing Organization (GPO) contracts, along with a substantial hospital customer base. The company expects deeper utilization of these GPO contracts and the expanded hospital presence to be a significant driver of sequential quarterly revenue growth throughout 2026 and beyond.
  2. Sales Force Expansion and Enhanced Productivity: To support its strategic shift and capitalize on the expanded market presence, BioStem Technologies has significantly grown its direct sales team. The company nearly doubled its direct sales force to 35 representatives since the January 2026 acquisition and aims to reach at least 40 direct representatives by the end of 2026. This expansion, coupled with anticipated productivity ramp-up from the sales team, is projected to drive sequential quarterly growth throughout the year.
  3. Introduction of New Products: BioStem Technologies plans to introduce additional products through its expanded hospital sales channels. A notable example is the newly cleared Catalyze product, which received FDA 510(k) clearance. This product, with its 510(k) pathway as a Class U particulate matrix, is seen as a vital component for future growth, bypassing certain regulatory risks associated with other products.
  4. Stabilization and Growth in the Physician Office Market: While the primary focus has shifted to the hospital segment, BioStem Technologies still anticipates sequential revenue growth from its physician office business in the second half of 2026, as the market for these products begins to stabilize.

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Share Issuance

  • In May 2026, BioStem Technologies completed a private placement, issuing 746,269 shares of common stock at $3.35 per share, resulting in gross proceeds of approximately $2.5 million. The company intends to use these proceeds for working capital and general corporate purposes.
  • BioStem Technologies is registering for resale up to 3,571,429 shares of common stock held by a selling stockholder as of July 2026. This includes the 746,269 shares from the May 2026 private placement and up to 2,825,160 anti-dilution shares. BioStem is not selling these shares and will not receive any proceeds from this resale.
  • In August 2026, BioStem Technologies announced its common stock was approved for listing on The Nasdaq Capital Market, a strategic move aimed at expanding access to capital, improving market visibility, and enhancing liquidity.

Inbound Investments

  • BioStem Technologies secured approximately $2.5 million in a private placement financing in May 2026, marking its first institutional investor.

Outbound Investments

  • In January 2026, BioStem Technologies acquired the Surgical and Wound Care Business of BioTissue Holdings Inc. for a total potential consideration of up to $40 million. This included a cash payment of $15 million, with up to an additional $10 million for regulatory milestone payments and up to $15 million in commercial royalty milestone payments.
  • The acquisition of BioTissue's assets repositioned BioStem Technologies from a physician-office-focused business to a hospital-focused company.

Capital Expenditures

  • A significant focus of capital allocation is the integration of the acquired BioTissue assets and a planned manufacturing technology transfer, expected to be completed in 2027. This transfer is anticipated to significantly improve gross margins.
  • The BioTissue acquisition includes a conditional transfer of commercial rights for the Catalyze 510(k)-cleared product following BioTissue's June 2026 510(k) clearance, with a targeted incorporation and potential launch in the fourth quarter of 2026.

Peer Outperformance in Biotechnology

BSEM has outperformed 78% of its 363 Biotechnology peers over 5Y. Biotechnology ranks 9th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Biotechnology constituents that BSEM has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
18%
of 452 industry peers · -74.6% return
3Y
36%
of 398 industry peers · -66.3% return
5Y
78%
of 363 industry peers · -11.9% return
No Biotechnology peer with a comparable growth profile has beaten BSEM by more than 20pp over 5Y.
Median price return by industry across the Health Care sector, ranked by 5Y. Biotechnology is BSEM's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 6 7.6%56.6%93.6% CAH 498% · MCK 396% · COR 181%
Health Care Services 20 33.8%28.8%6.1% HIMS 189% · RDNT 125% · DGX 100%
Health Care Facilities 25 13.9%27.4%-1.4% THC 280% · NHC 210% · EHC 186%
Managed Health Care 8 47.9%1.6%-2.2% OSCR 95% · HQY 52% · ELV 10%
Health Care Equipment 50 11.0%17.8%-17.6% UFPT 355% · GKOS 286% · PLSE 127%
Pharmaceuticals 61 -12.9%10.6%-37.3% LQDA 977% · XERS 571% · KNSA 500%
Health Care Supplies 11 23.9%17.0%-40.1% LNTH 248% · HAE 66% · MMSI 29%
Life Sciences Tools & Services 108 -8.1%-18.9%-74.5% AXGN 255% · NTRA 214% · MEDP 181%
Biotechnology ← 364 -25.8%-36.1%-82.0% ELVN 1073% · TRVI 995% · DNTH 956%
Health Care Technology 21 -21.4%-50.4%-82.8% VEEV -3% · DOCS -51%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

BSEMMDXGORGOSMTIIARTSYKMedian
NameBioStem .MiMedx Organoge.Sanara M.Integra .Stryker  
Mkt Price1.013.160.7931.6513.80326.068.48
Mkt Cap0.00.50.10.31.1124.60.4
Rev LTM2843044551101,65726,300379
Op Inc LTM2-25-3410735,7346
FCF LTM-14215724,57321
FCF 3Y Avg-43-60323,95032
CFO LTM-213261405,44632
CFO 3Y Avg-49721224,70649

Growth & Margins

BSEMMDXGORGOSMTIIARTSYKMedian
NameBioStem .MiMedx Organoge.Sanara M.Integra .Stryker  
Rev Chg LTM735.0%-22.8%5.9%13.0%0.8%7.9%6.9%
Rev Chg 3Y Avg424.5%1.0%-0.1%22.9%2.4%9.8%6.1%
Rev Chg Q-57.1%-45.2%-57.5%9.0%2.3%7.6%-21.5%
QoQ Delta Rev Chg LTM-3.6%-14.5%-11.3%2.2%0.6%1.8%-1.5%
Op Inc Chg LTM-73.1%-146.6%-135.0%61.5%137.7%19.8%-26.6%
Op Inc Chg 3Y Avg-28.7%-22.8%-128.3%85.3%21.3%15.8%-3.5%
Op Mgn LTM0.6%-8.3%-7.5%9.3%4.4%21.8%2.5%
Op Mgn 3Y Avg-25.5%8.0%-2.8%1.5%2.7%20.5%2.1%
QoQ Delta Op Mgn LTM-6.0%-10.7%-8.9%-0.9%0.4%0.1%-3.4%
CFO/Rev LTM-6.8%7.0%5.2%8.5%20.7%7.0%
CFO/Rev 3Y Avg-13.6%1.4%1.7%7.6%19.3%7.6%
FCF/Rev LTM-4.7%4.6%4.1%4.3%17.4%4.6%
FCF/Rev 3Y Avg-11.9%-1.4%-0.1%2.0%16.2%2.0%

Valuation

BSEMMDXGORGOSMTIIARTSYKMedian
NameBioStem .MiMedx Organoge.Sanara M.Integra .Stryker  
Mkt Cap0.00.50.10.31.1124.60.4
P/S0.11.50.22.50.64.71.1
P/Op Inc10.7-18.3-3.026.714.721.712.7
P/EBIT10.7-17.6-3.039.39.321.910.0
P/E2.4-24.0-1.2-8.682.134.40.6
P/CFO-22.23.248.17.622.922.2
Total Yield40.6%-4.0%-77.9%-11.7%1.2%3.9%-1.4%
Dividend Yield0.0%0.0%0.0%0.0%0.0%1.0%0.0%
FCF Yield 3Y Avg-4.7%-0.3%0.3%2.4%3.2%2.4%
D/E0.10.00.70.20.20.10.1
Net D/E-0.3-0.30.20.1-0.10.1-0.0

Returns

BSEMMDXGORGOSMTIIARTSYKMedian
NameBioStem .MiMedx Organoge.Sanara M.Integra .Stryker  
1M Rtn-59.1%-31.6%-41.2%-9.6%3.6%17.2%-20.6%
3M Rtn-74.9%-24.4%-67.3%-7.2%-19.3%-3.1%-21.9%
6M Rtn-75.4%-14.4%-68.9%65.9%1.8%11.5%-6.3%
12M Rtn-75.4%-60.3%-80.2%14.7%21.1%-7.8%-34.1%
3Y Rtn-67.3%-52.8%-64.7%18.3%-63.8%21.3%-58.3%
1M Excs Rtn-56.3%-30.1%-39.0%-8.2%7.6%19.8%-19.2%
3M Excs Rtn-74.5%-26.3%-56.8%-6.3%-19.1%-2.7%-22.7%
6M Excs Rtn-80.1%-19.0%-73.4%61.1%-2.9%6.8%-10.9%
12M Excs Rtn-88.0%-72.0%-92.4%-1.4%8.9%-22.3%-47.1%
3Y Excs Rtn-147.8%-132.1%-143.0%-68.3%-143.1%-56.8%-137.5%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20222021202020192018
Advanced wound care42   
Pain management32   
Single Segment  331
Total74331


Price Behavior

Price Behavior
Market Price$1.04 
Market Cap ($ Bil)0.0 
First Trading Date05/19/2009 
Distance from 52W High-87.3% 
   50 Days200 Days
DMA Price$2.87$4.13
DMA Trenddowndown
Distance from DMA-63.8%-74.8%
 3M1YR
Volatility117.9%121.4%
Downside Capture451.32348.55
Upside Capture-304.39150.82
Correlation (S&P 500)-0.4%15.2%
BSEM Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta0.130.72-0.100.911.440.71
Up Beta-8.411.060.220.11-0.770.36
Down Beta2.221.742.072.320.730.17
Up Capture-724%-305%-234%-73%153%70%
Bmk +ve Days12182862130427
Stock +ve Days6172953106345
Down Capture533%426%246%202%179%110%
Bmk -ve Days10253664121325
Stock -ve Days16263570140394

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BSEM
BSEM-75.7%123.2%-0.63-
Sector ETF (XLV)29.2%16.9%1.33-3.8%
Equity (SPY)9.5%13.6%0.4115.8%
Gold (GLD)3.6%28.7%0.1123.1%
Commodities (DBC)37.7%21.2%1.408.3%
Real Estate (VNQ)12.0%14.2%0.553.5%
Bitcoin (BTCUSD)-20.8%43.3%-0.4212.8%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BSEM
BSEM-3.7%140.0%0.61-
Sector ETF (XLV)8.6%15.4%0.364.0%
Equity (SPY)11.3%17.3%0.486.8%
Gold (GLD)17.5%19.1%0.7411.2%
Commodities (DBC)8.0%19.6%0.296.3%
Real Estate (VNQ)1.2%18.9%-0.057.3%
Bitcoin (BTCUSD)5.9%51.5%0.298.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BSEM
BSEM8.2%160.7%0.83-
Sector ETF (XLV)12.2%16.8%0.601.2%
Equity (SPY)14.9%18.0%0.701.8%
Gold (GLD)12.0%16.5%0.596.7%
Commodities (DBC)7.6%18.1%0.335.0%
Real Estate (VNQ)5.7%20.7%0.232.7%
Bitcoin (BTCUSD)61.3%66.2%1.014.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 9302026239.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest3.0 days
Basic Shares Quantity17.3 Mil
Short % of Basic Shares1.9%

Earnings Returns History

Updated 9/30/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/2026-18.4%-12.0%13.4%
SUMMARY STATS   
# Positive001
# Negative110
Median Positive  13.4%
Median Negative-18.4%-12.0% 
Max Positive  13.4%
Max Negative-18.4%-12.0% 
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/12/2026-18.4%-12.0%13.4%
SUMMARY STATS   
# Positive001
# Negative110
Median Positive  13.4%
Median Negative-18.4%-12.0% 
Max Positive  13.4%
Max Negative-18.4%-12.0% 

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/12/202610-Q
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Report DateFiling DateFiling
06/30/202608/12/202610-Q
Core Cache Last Updated: 11/5/2026