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New NBS 6 system order for Nexstim from USA

NXTMHAnalyst Comment2026-07-06 08:17
Atte RiikolaAnalyst
Discuss

Translation: Original published in Finnish on 7/6/2026 at 9:04 am EEST.

Nexstim announced on Friday that it had received an order for an NBS 6 system from a new customer in the United States. The system is used for therapy applications, such as the treatment of major depressive disorder (MDD) and obsessive-compulsive disorder (OCD). The news is a positive continuation of the larger device order announced in June and supports our growth forecasts.

The US is a key market for Nexstim in the therapy business, and winning a new customer supports the company's growth strategy. We expect the company's full-year 2026 revenue to grow by just under 16% to 12.7 MEUR, which necessitates a steady flow of equipment orders throughout the year.

Nexstim operates in medical technology. The company has developed a non-invasive brain stimulation technology called SmartFocus®. It is a navigated transcranial magnetic stimulation (nTMS) technology with 3D navigation providing targeting of the TMS to the specific area of the brain. The technology is aimed for the treatment of major depression and chronic neuropathic pain. The company was founded in 2000 and has its headquarters in Helsinki.

Read more on company page

Key Estimate Figures14/05

202526e27e
Revenue11.012.716.1
growth-%25.5 %15.7 %26.8 %
EBIT (adj.)0.61.22.3
EBIT-% (adj.)5.8 %9.5 %14.1 %
EPS (adj.)0.080.120.27
Dividend0.000.000.00
Dividend %
P/E (adj.)123.377.736.1
EV/EBITDA43.030.820.0

Forum discussions

Damn it, it’s frustrating how we’ve never really understood to invest in prevention. The fitness sector alone is the poorest of all sectors,...
44 minutes ago
by ekoira
0
What is meaningful for the introduction of the treatment in Finland is cost savings, and in the US, insurance reimbursement. If it were calculated...
2 hours ago
by Jatast
5
I’ll also add the schedule presented by Sinaptica here, which is their view; I personally stretched the sales launch to the negative estimate...
5 hours ago
by AccionHombre
5
Surely those statuses/rights below could have some positive impacts on the timeline? 2029–2031 is still a realistic market entry, though. Until...
6 hours ago
by Stydi
1
That’s right, the agreement is still in preparation and is intended to be signed by the end of this year. It’s quite possible that not much ...
6 hours ago
by AccionHombre
7
I don’t have any insights beyond the official press releases at this stage. The release mentions equipment sales. “The financial structure of...
7 hours ago
by Antti Siltanen
4
I asked AI about this, and according to it, the costs could be as follows: Proceeding to the discovery phase: $1–3M Proceeding to the actual...
9 hours ago
by Informaatio
0