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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.)123.378.536.5
EV/EBITDA43.031.120.3

Forum discussions

I understand that thought, but all of these companies are such unique beasts that I personally don’t find direct comparison very relevant. I...
9/10/2026, 2:52 PM
by Kyhnykeisari
7
I’ve been calculating and playing with the exact same scenarios using similar mental models. Revenio used to have strong growth, but in my opinion...
9/10/2026, 12:11 PM
by Informaatio
8
Erinomainen arvaustyökalu Välillä tulee mallinnettua Nexstimin tulevaisuutta käyttämällä jonkin toisen yrityksen historiaa verrokkina. Esimerkiksi...
9/10/2026, 10:37 AM
by Mark_Renton
8
I’ll also throw my two cents into the pile here in this vibe coding arena. I’ve previously played around with my own forecasts in Google Sheets...
9/10/2026, 8:06 AM
by Kyhnykeisari
20
Sinaptica is progressing very well, and you can get quite a lot out of that comment by Mariash from HCW. In July, Mariash described the treatment...
9/10/2026, 6:30 AM
by AccionHombre
13
PubMed Central (PMC) Design and Rationale for the RETAIN Trial of Non‐invasive Brain Stimulation... Altered cortical plasticity is considered...
9/9/2026, 7:31 PM
by Jatast
3
Personally, I don’t expect those 20 devices to go to Sinaptica, at least not in the early stages of Phase 3. In some interview/keynote, Mariash...
9/9/2026, 7:16 PM
by Kyhnykeisari
4