How to Buy Shoulder Innovations Stock

Shoulder Innovations Inc

Shoulder Innovations is a medical device company located in Michigan, United States, which is part of the Healthcare sector, and is traded under the ticker SI on the NYSE exchange.

Shoulder Innovations stock last closed at $19.23, down 0.57% from the previous day, and has increased 46.35% in one year. It has overperformed other stocks in the Medical Devices industry by 1.46 percentage points. Shoulder Innovations stock is currently +76.1% from its 52-week low of $10.92, and -21.81% from its 52-week high of $24.60.

As of Aug 13, 2026, there are 20.82M SI shares outstanding. The market cap of SI is $400.35M. In the last 24 hours, 87,000 SI shares were traded.

How to Buy Shoulder Innovations Stock

Wondering how to invest in Shoulder Innovations stock? Here's how.

  1. Decide where to buy Shoulder Innovations stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Shoulder Innovations stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Pick your method of payment and add your info.
  4. Research Shoulder Innovations stock: The Shoulder Innovations ticker symbol is SI. Is Shoulder Innovations stock a good investment? Should you buy shares of SI? How do SI's underlying business fundamentals look? Do top analysts think Shoulder Innovations is a good buy? Why has SI's stock price moved recently? (Hint: Our stock analysis website can help you decide if SI is a good stock to buy).
  5. Make your SI buy order: Decide if you will purchase SI shares at the current market price or use a limit order to buy SI stock at a specific price.
  6. Watch your SI investment: Create a watchlist to watch your investment in Shoulder Innovations shares.

Step 1: Decide where to buy Shoulder Innovations stock

You need an online brokerage account in order to access the NYSE market and buy SI stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal details so you can invest in SI today.

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Step 3: Put funds into your brokerage account

Now that you've finished signing up on the highest rated app to buy and sell stocks, you need to deposit funds:

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Step 4: Research Shoulder Innovations stock

After you have chosen the best place to buy Shoulder Innovations stock, it's absolutely critical to evaluate their stock prior to investing, so you actually comprehend the risk as well as the upside.

Shoulder Innovations stock quick numbers

SI Price
$19.23
1w %
-14.27%
1y %
46.35%
5y %
N/A
P/E
23.74x
P/B
3.22x
P/S
6.64x
PEG
N/A
Revenue
$60.06M
Earnings
-$35.03M
Fore. Rev. Growth
21.62%
Fore. Earn. Growth
N/A
Market Cap
$400.35M
Next Earnings
N/A
Next Dividend
N/A

Shoulder Innovations Due Diligence Checks

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.

You can see all of the due diligence checks on SI's stock page.

Is SI stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SI's fair value.

Using relative valuations ratios:

  • SI may be undervalued based on its P/E ratio of 23.74x, relative to Medical Devices industry P/E ratio of 24.44x
  • SI may be undervalued based on its P/B ratio of 3.22x, relative to Medical Devices industry P/B ratio of 3.38x

You can do additional valuation research on SI's stock here.

A quick look at SI Financials

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the SI balance sheet.
  • SI has a low debt to equity ratio of 0.22.
  • SI has cash burn of 47077000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the SI balance sheet.
  • SI has $98.99M in cash and short term investments. This is sufficient to cover its annual cash burn of $47.08M.

Failed Financial Due Diligence Checks:

  • SI profit margin has gone up by 0.27 percentage points in the past year, but the company is still unprofitable.

Is it a good time to buy SI stock, according to Wall Street analysts?

Out of 3 Wall Street analysts who give recommendations on SI, the consensus analyst rating on SI is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Shoulder Innovations stock forecast page.

SI Momentum

SMA10
21.24
SMA20
21.45
SMA50
20.14
SMA100
17.16
SMA200
15.56
MACD
-0.09
MACD Signal
0.43
MACD Histogram
-0.51
RSI
39.67
Stochastic %K
12.07
Stochastic %D
19.65
StochRSI %K
0
StochRSI %D
0.94

SI Earnings

Last year, SI revenue was $60.06M. During the past 1 years, SI's revenue has grown by 60.9% per year. This was faster than the Medical Devices industry average of 8.87%.

Learn more about SI's earnings and revenue performance here.

Latest Insiders Trades at SI

In the last 12 months, executives and large shareholders at SI have bought more shares than they have sold.

Healthcare Holding Bv Gilde, 10% Owner of SI, was the latest SI insider to sell. They sold $47,347.00 worth of SI shares on Aug 6, 2026.

Learn more about who owns SI stock here.

Does SI stock generate passive income?

No, Shoulder Innovations doesn't provide an income stream by paying out dividends.

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Step 5: Make your SI buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.

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Step 6: Watch your SI investment

Now that you own some shares in SI, you'll want to stay up-to-date on your new investment.

Add SI to a watchlist to get notified of the latest news about your SI stock.

SI Feed

How to Buy Stock in Shoulder Innovations

To summarize, here are the 6 steps you need to take to buy Shoulder Innovations stock right now:

  1. Decide where to buy Shoulder Innovations stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Research Shoulder Innovations stock
  5. Make your SI buy order
  6. Watch your SI investment

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If you want to get the latest scoop on your investment in Shoulder Innovations, click the button below.

NYSE: SI
$19.23-0.11 (-0.57%)
Updated Aug 13, 2026
Open eToro Account
Your capital is at risk.
NYSE: SI
$19.23-0.11 (-0.57%)
Updated Aug 13, 2026
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Shoulder Innovations share?

As of Aug 13, 2026, it costs $19.23 to buy one share of Shoulder Innovations stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.468 shares of SI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Shoulder Innovations stock?

According to 3 Wall Street analysts who monitor Shoulder Innovations, their consensus recommendation is to buy Shoulder Innovations stock.

What is the best way to buy Shoulder Innovations stock?

One way to place an order for Shoulder Innovations stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.