Electromed, Inc. (ELMD) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE
Electromed, Inc. (ELMD) stock forecast summary
Our AI ranks Electromed, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Electromed, Inc. is a small-cap company with a market capitalization of $229M. It ranks number 11 by market capitalization among the 30 Electromedical & Electrotherapeutic Apparatus issuers in our coverage with a current forecast.
For ELMD, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ELMD included.
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How ELMD ranks among 5172 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Electromed, Inc. (ELMD) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Electromedical & Electrotherapeutic Apparatus peers listed below that report each metric.
Valuation & Market
| Metric | ELMD | Rank |
|---|---|---|
| Market Cap | $229M | 11/30 |
| P/E Ratio | 21.08x | 6/10 |
| P/B Ratio | 4.25x | 11/23 |
| EPS | $1.30 | – |
| Book Value/Share | $6.45 | – |
| Revenue/Share | $8.82 | – |
| FCF/Share | $1.01 | – |
Profitability & Margins
| Metric | ELMD | Rank |
|---|---|---|
| ROE | 20.9% | 3/19 |
| ROA | 17.1% | 2/24 |
| ROIC | 25.7% | 3/23 |
| Gross Margin | 78.5% | 6/27 |
| Operating Margin | 18.8% | 2/28 |
| Net Margin | 15.3% | 4/22 |
| EBT Margin | 19.5% | 2/28 |
| Tax Rate | 21.3% | – |
Financial Health
| Metric | ELMD | Rank |
|---|---|---|
| Current Ratio | 4.69x | 9/30 |
| Quick Ratio | 4.39x | 8/29 |
| D/E Ratio | 0.23x | 21/25 |
| Financial Leverage | 1.23x | 22/25 |
| Interest Coverage | 16.7x | 5/30 |
| Working Capital | $45M | 12/29 |
Cash Flow
| Metric | ELMD | Rank |
|---|---|---|
| Operating Cash Flow | $10M | 9/30 |
| Free Cash Flow | $8M | 6/14 |
| Capital Spending | -$1M | 9/14 |
| OCF Growth YoY | -15.2% | 9/9 |
| FCF Growth YoY | -24.4% | 6/6 |
| FCF/Sales | 11.4% | 3/14 |
| CapEx/Sales | 1.7% | 7/14 |
Operational Efficiency
| Metric | ELMD | Rank |
|---|---|---|
| Asset Turnover | 1.11x | 3/19 |
| Receivables Turnover | 2.5x | 19/20 |
| Inventory Turnover | 4.3x | 7/27 |
| Fixed Assets Turnover | 14.2x | 11/20 |
| Days Sales Outstanding | 147 days | 2/20 |
| Days Inventory | 85 days | 21/27 |
| Payables Period | 61 days | 16/24 |
| Cash Conversion Cycle | 171 days | 7/19 |
Income Statement
| Metric | ELMD | Rank |
|---|---|---|
| Total Revenue | $74M | 10/19 |
| Operating Income | $14M | 7/30 |
| Net Income | $11M | 8/24 |
| R&D Expense | $1M | 22/28 |
| SG&A Expense | $43M | 14/26 |
| Cost of Goods Sold | $16M | 13/27 |
Dividend & Shareholder Information
| Metric | ELMD | Rank |
|---|---|---|
| Shares Outstanding | 8M | – |
| Net Income Growth | 49.9% | 3/5 |
| EPS Growth | 52.9% | 2/7 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $57M | 86.6% of assets |
| Cash & Short-term Investments | $20M | 30.9% of assets |
| Accounts Receivable | $30M | 45.0% of assets |
| Inventory | $4M | 5.6% of assets |
| Total Liabilities | $12M | 18.5% of assets |
| Short-term Debt | $10M | 14.5% of assets |
ELMD quarterly financials and insider trading
Electromed, Inc. (ELMD) industry peers
Companies classified under the same SEC industry code as Electromed, Inc. (Electromedical & Electrotherapeutic Apparatus): 32 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| ELMD Electromed, Inc. | ▼ | $229M |
| MDT Medtronic Plc | ▼ | $121.20B |
| ITGR Integer Holdings Corp | ▼ | $4.31B |
| LIVN Livanova Plc | ▼ | $4.27B |
| TMDX Transmedics Group, Inc. | ▲ | $2.45B |
| BLFS Biolife Solutions Inc | ▶ | $1.89B |
| AXGN Axogen, Inc. | ▲ | $1.86B |
| CNMD Conmed Corp | ▼ | $1.40B |
| CBLL Ceribell, Inc. | ▲ | $961M |
| INMD Inmode Ltd. | ▼ | $814M |
| CV Capsovision, Inc | ▶ | $327M |
| FOCL Edap Tms Sa | ▲ | $153M |
| STXS Stereotaxis, Inc. | ▶ | $101M |
| VANI Vivani Medical, Inc. | ▶ | $101M |
| NRXS Neuraxis, Inc | ▲ | $97M |
| HYPR Hyperfine, Inc. | ▲ | $75M |
| OM Outset Medical, Inc. | ▲ | $74M |
| ECOR Electrocore, Inc. | ▲ | $71M |
| VASO Vaso Corp | ▲ | $51M |
| POSC Positron Corp | ▲ | $51M |
| QTI Qt Imaging Holdings, Inc. | ▶ | $35M |
| POCI Precision Optics Corporation, Inc. | ▲ | $34M |
| ITOC Itonic Holdings Ltd | ▶ | $28M |
| GTHP Guided Therapeutics Inc | ▲ | $18M |
| IRIX Iridex Corp | ▲ | $14M |
| NDRA Endra Life Sciences Inc. | ▶ | $7M |
| ADMT Adm Tronics Unlimited, Inc. | ▼ | $3M |
| NUWE Nuwellis, Inc. | ▶ | $2M |
| NXL Nexalin Technology, Inc. | ▼ | $2M |
| ESMC Escalon Medical Corp | ▶ | $1M |
| HCIL Hongchang International Co., Ltd | ▶ | N/A |
| YBGJ Yubo International Biotech Ltd | ▶ | N/A |
Where ELMD sits on the market map
Electromed, Inc. (ELMD) stock news
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Electromed, Inc. (ELMD) stock forecast FAQ
What is the Electromed, Inc. (ELMD) stock forecast?
Our AI ranks Electromed, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Electromed, Inc. stock predictions?
For ELMD, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -1.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -9.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Electromed, Inc. forecasts updated?
Electromed, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Electromed, Inc.'s industry peers?
32 issuers in our coverage, ELMD included, share the SEC industry code Electromedical & Electrotherapeutic Apparatus. The largest are: Medtronic Plc (MDT), Integer Holdings Corp (ITGR), Livanova Plc (LIVN), Transmedics Group, Inc. (TMDX), Biolife Solutions Inc (BLFS), Axogen, Inc. (AXGN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.