Symbols / MASS
MASS Chart
About
908 Devices Inc., a commercial-stage technology company, provides various purpose-built handheld and desktop mass spectrometry devices for use in life sciences research, bioprocessing, pharma/biopharma, forensics, and adjacent markets. Its products include MX908, a handheld, battery-powered, and Mass Spec device that is designed for rapid analysis of solid, liquid, vapor, and aerosol materials of unknown identity; Rebel, a small desktop analyzer that provides real-time information on the extracellular environment in bioprocesses; and Maverick, an optical in-line analyzer that offers real-time monitoring and control of multiple bioprocess parameters, including glucose, lactate, and total biomass in mammalian cell cultures, as well as process fingerprint data to support large-scale efforts in predictive bioprocess modeling. The company's products comprise Maven, an on-line device for bioprocess monitoring and control; Trace C2, an on-line monitoring of methanol or ethanol and control of substrate feeding in fermentation processes; and ZipChip solution, a plug-and-play, high-resolution separation platform that optimizes Mass Spec sample analysis. It operates in the United States, Europe, the Middle East, Africa, the Asia Pacific, and rest of Americas. The company was incorporated in 2012 and is headquartered in Burlington, Massachusetts.
Fundamentals
Scroll to Statements| Sector | Healthcare | Industry | Medical Devices | Market Cap | 245.55M |
| Enterprise Value | 138.05M | Income | -72.75M | Sales | 65.05M |
| Book/sh | 3.77 | Cash/sh | 3.10 | Dividend Yield | — |
| Payout | 0.00% | Employees | 246 | IPO | — |
| P/E | — | Forward P/E | -26.09 | PEG | — |
| P/S | 3.78 | P/B | 1.80 | P/C | — |
| EV/EBITDA | -3.16 | EV/Sales | 2.12 | Quick Ratio | 2.97 |
| Current Ratio | 3.49 | Debt/Eq | 3.19 | LT Debt/Eq | — |
| EPS (ttm) | -2.07 | EPS next Y | -0.26 | EPS Growth | — |
| Revenue Growth | -3.50% | Earnings | 2026-03-03 | ROA | -16.43% |
| ROE | -54.42% | ROIC | — | Gross Margin | 48.69% |
| Oper. Margin | -40.10% | Profit Margin | -6.35% | Shs Outstand | 36.19M |
| Shs Float | 21.89M | Short Float | 17.89% | Short Ratio | 8.76 |
| Short Interest | — | 52W High | 9.34 | 52W Low | 1.92 |
| Beta | 0.49 | Avg Volume | 414.48K | Volume | 25.62K |
| Target Price | $10.00 | Recom | None | Prev Close | $6.79 |
| Price | $6.78 | Change | -0.08% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$10.00
Mean price target
2. Current target
$6.84
Latest analyst target
3. DCF / Fair value
$3.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$6.84
Low
$8.00
High
$12.00
Mean
$10.00
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-08-05 | up | Leerink Partners | Market Perform → Outperform | $12 |
| 2025-01-15 | reit | Stephens & Co. | Overweight → Overweight | $6 |
| 2024-11-13 | main | Stifel | Buy → Buy | $6 |
| 2024-11-13 | down | Leerink Partners | Outperform → Market Perform | $4 |
| 2024-10-17 | main | Leerink Partners | Outperform → Outperform | $12 |
| 2024-05-13 | reit | Stephens & Co. | Overweight → Overweight | $14 |
| 2023-09-25 | reit | Stephens & Co. | Overweight → Overweight | $14 |
| 2023-02-07 | init | Stephens & Co. | — → Overweight | $14 |
| 2023-01-06 | main | SVB Leerink | — → Outperform | $20 |
| 2022-11-15 | main | SVB Leerink | — → Outperform | $25 |
| 2022-03-08 | main | SVB Leerink | — → Outperform | $30 |
| 2021-05-14 | main | SVB Leerink | — → Outperform | $65 |
| 2021-01-12 | init | Stifel | — → Buy | $65 |
| 2021-01-12 | init | Cowen & Co. | — → Outperform | — |
| 2021-01-12 | init | SVB Leerink | — → Outperform | $70 |
- Hear 908 Devices at two March healthcare investor webcasts - Stock Titan ue, 24 Feb 2026 12
- Winter storm triggers shopping spree in western Massachusetts - WWLP Sun, 22 Feb 2026 21
- Samsung Stock Rises After Report on Mass Production of AI Chips - Bloomberg.com Sun, 08 Feb 2026 08
- American Lobster 2025 Benchmark Stock Assessment Completed - Mass.gov hu, 01 Jan 2026 08
- $MASS stock is down 14% today. Here's what we see in our data. - Quiver Quantitative Mon, 10 Nov 2025 08
- Novo Nordisk sues Hims & Hers over copycat versions of Wegovy drugs; Hims stock falls 18% - CNBC Mon, 09 Feb 2026 08
- 908 Devices Inc.'s (NASDAQ:MASS) 29% Price Boost Is Out Of Tune With Revenues - simplywall.st Fri, 23 Jan 2026 08
- Rolling Stock Order Received for the Jakarta Mass Rapid Transit (MRT) North-South Line Phase 2A - sumitomocorp.com Mon, 27 Oct 2025 07
- Students learn about finance during Stock Market Challenge in Springfield - Western Mass News ue, 18 Nov 2025 08
- ‘Every time you turn around, it's a housing issue:’ Western Mass. leaders react to Healey’s newest plan to grow housing stock - WAMC hu, 11 Sep 2025 07
- Amazon Will Cut 16,000 Jobs In Tech Giant's Latest Mass Layoff - Investor's Business Daily Wed, 28 Jan 2026 08
- MasterCard (MA) Stock Moves -1.44%: What You Should Know - Yahoo Finance ue, 20 Jan 2026 08
- Mass. men used stolen identities to stock Central Mass. restaurant, prosecutors say - MassLive.com ue, 03 Feb 2026 08
- Taking Stock: The Many Costs of Trump/Miller’s Mass Deportation Obsession - America's Voice Fri, 05 Sep 2025 07
- How badly could mass layoffs during a government shutdown hurt the stock market? Here’s what experts say. - MarketWatch hu, 25 Sep 2025 07
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 23175 | 143222.0 | — | Sale at price 6.18 per share. | GRIFFITH JOSEPH H. IV | Chief Financial Officer | — | 2026-02-02 00:00:00 | D |
| 1 | 34764 | 214842.0 | — | Sale at price 6.18 per share. | KNOPP KEVIN J | Chief Executive Officer | — | 2026-02-02 00:00:00 | D |
| 2 | 70141 | nan | — | — | GRIFFITH JOSEPH H. IV | Chief Financial Officer | — | 2026-01-30 00:00:00 | D |
| 3 | 23437 | nan | — | — | BROWN CHRISTOPHER D | Director | — | 2026-01-30 00:00:00 | D |
| 4 | 107999 | nan | — | — | KNOPP KEVIN J | Chief Executive Officer | — | 2026-01-30 00:00:00 | D |
| 5 | 928 | — | — | Stock Gift at price 0.00 per share. | SPOTO MARK | Director | — | 2025-12-30 00:00:00 | I |
| 6 | 5000 | 45247.0 | — | Sale at price 9.04 - 9.05 per share. | GRIFFITH JOSEPH H. IV | Chief Financial Officer | — | 2025-10-03 00:00:00 | D |
| 7 | 5000 | 35338.0 | — | Sale at price 7.07 per share. | GRIFFITH JOSEPH H. IV | Chief Financial Officer | — | 2025-09-19 00:00:00 | D |
| 8 | 6485 | nan | — | — | LEONHART MICHELE M | Director | — | 2025-06-25 00:00:00 | D |
| 9 | 24603 | 184789.0 | — | Sale at price 7.50 - 7.51 per share. | TURNER MICHAEL S | Officer | — | 2025-06-18 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -54.89K | -642.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.01 | 0.00 | 0.00 |
| NormalizedEBITDA | -40.36M | -33.92M | -31.82M | -20.76M |
| TotalUnusualItems | -27.44M | -107.00K | ||
| TotalUnusualItemsExcludingGoodwill | -27.44M | -107.00K | ||
| NetIncomeFromContinuingOperationNetMinorityInterest | -72.21M | -36.40M | -33.56M | -22.17M |
| ReconciledDepreciation | 4.68M | 2.38M | 1.61M | 925.00K |
| ReconciledCostOfRevenue | 29.77M | 24.91M | 20.83M | 18.97M |
| EBITDA | -67.81M | -34.02M | -31.82M | -20.76M |
| EBIT | -72.49M | -36.41M | -33.43M | -21.68M |
| NetInterestIncome | 4.49M | 6.28M | 1.90M | 62.00K |
| InterestExpense | 0.00 | 201.00K | 129.00K | 486.00K |
| InterestIncome | 4.49M | 6.48M | 2.03M | 548.00K |
| NormalizedIncome | -44.82M | -36.29M | -33.56M | -22.17M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -72.21M | -36.40M | -33.56M | -22.17M |
| TotalExpenses | 108.91M | 92.88M | 82.23M | 64.28M |
| TotalOperatingIncomeAsReported | -76.72M | -42.76M | -35.38M | -22.07M |
| DilutedAverageShares | 34.08M | 32.24M | 31.49M | 27.96M |
| BasicAverageShares | 34.08M | 32.24M | 31.49M | 27.96M |
| DilutedEPS | -2.12 | -1.13 | -1.07 | -0.79 |
| BasicEPS | -2.12 | -1.13 | -1.07 | -0.79 |
| DilutedNIAvailtoComStockholders | -72.21M | -36.40M | -33.56M | -22.17M |
| NetIncomeCommonStockholders | -72.21M | -36.40M | -33.56M | -22.17M |
| OtherunderPreferredStockDividend | 0.00 | |||
| NetIncome | -72.21M | -36.40M | -33.56M | -22.17M |
| NetIncomeIncludingNoncontrollingInterests | -72.21M | -36.40M | -33.56M | -22.17M |
| NetIncomeContinuousOperations | -72.21M | -36.40M | -33.56M | -22.17M |
| TaxProvision | -282.00K | -211.00K | 0.00 | |
| PretaxIncome | -72.49M | -36.61M | -33.56M | -22.17M |
| OtherIncomeExpense | -27.71M | -238.00K | -83.00K | -162.00K |
| OtherNonOperatingIncomeExpenses | -264.00K | -131.00K | -83.00K | -162.00K |
| SpecialIncomeCharges | -27.44M | -107.00K | ||
| ImpairmentOfCapitalAssets | 40.66M | 0.00 | ||
| RestructuringAndMergernAcquisition | -13.22M | 107.00K | ||
| NetNonOperatingInterestIncomeExpense | 4.49M | 6.28M | 1.90M | 62.00K |
| InterestExpenseNonOperating | 0.00 | 201.00K | 129.00K | 486.00K |
| InterestIncomeNonOperating | 4.49M | 6.48M | 2.03M | 548.00K |
| OperatingIncome | -49.27M | -42.65M | -35.38M | -22.07M |
| OperatingExpense | 79.13M | 67.97M | 61.41M | 45.30M |
| ResearchAndDevelopment | 25.50M | 21.90M | 17.53M | 13.07M |
| SellingGeneralAndAdministration | 53.64M | 46.07M | 43.88M | 32.23M |
| GrossProfit | 29.86M | 25.32M | 26.02M | 23.23M |
| CostOfRevenue | 29.77M | 24.91M | 20.83M | 18.97M |
| TotalRevenue | 59.63M | 50.23M | 46.85M | 42.21M |
| OperatingRevenue | 59.63M | 50.23M | 46.85M | 42.21M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 35.10M | 32.52M | 31.86M | 31.08M |
| ShareIssued | 35.10M | 32.52M | 31.86M | 31.08M |
| TotalDebt | 6.61M | 5.95M | 19.51M | 20.85M |
| TangibleBookValue | 69.33M | 147.26M | 172.06M | 214.60M |
| InvestedCapital | 114.59M | 165.49M | 205.60M | 229.60M |
| WorkingCapital | 77.91M | 151.24M | 196.40M | 238.06M |
| NetTangibleAssets | 69.33M | 147.26M | 172.06M | 214.60M |
| CapitalLeaseObligations | 6.61M | 5.95M | 4.51M | 5.85M |
| CommonStockEquity | 114.59M | 165.49M | 190.60M | 214.60M |
| TotalCapitalization | 114.59M | 165.49M | 205.60M | 229.60M |
| TotalEquityGrossMinorityInterest | 114.59M | 165.49M | 190.60M | 214.60M |
| StockholdersEquity | 114.59M | 165.49M | 190.60M | 214.60M |
| GainsLossesNotAffectingRetainedEarnings | 1.15M | 1.36M | 798.00K | 0.00 |
| OtherEquityAdjustments | 1.15M | 1.36M | 798.00K | |
| RetainedEarnings | -242.81M | -170.60M | -134.20M | -100.64M |
| AdditionalPaidInCapital | 356.22M | 334.69M | 323.97M | 315.21M |
| CapitalStock | 35.00K | 33.00K | 32.00K | 31.00K |
| CommonStock | 35.00K | 33.00K | 32.00K | 31.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 44.88M | 37.49M | 51.99M | 46.30M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 19.73M | 14.94M | 32.76M | 31.47M |
| OtherNonCurrentLiabilities | 2.28M | 555.00K | ||
| NonCurrentDeferredLiabilities | 12.71M | 11.01M | 14.17M | 11.96M |
| NonCurrentDeferredRevenue | 10.68M | 8.57M | 11.50M | 11.96M |
| NonCurrentDeferredTaxesLiabilities | 2.03M | 2.44M | 2.67M | 0.00 |
| LongTermDebtAndCapitalLeaseObligation | 4.74M | 3.93M | 18.04M | 19.51M |
| LongTermCapitalLeaseObligation | 4.74M | 3.93M | 3.04M | 4.51M |
| LongTermDebt | 15.00M | 15.00M | ||
| CurrentLiabilities | 25.15M | 22.55M | 19.23M | 14.84M |
| OtherCurrentLiabilities | 1.24M | |||
| CurrentDeferredLiabilities | 12.12M | 10.63M | 7.51M | 5.16M |
| CurrentDeferredRevenue | 12.12M | 10.63M | 7.51M | 5.16M |
| CurrentDebtAndCapitalLeaseObligation | 1.86M | 2.02M | 1.47M | 1.34M |
| CurrentCapitalLeaseObligation | 1.86M | 2.02M | 1.47M | 1.34M |
| PensionandOtherPostRetirementBenefitPlansCurrent | 6.77M | 5.99M | 4.91M | 3.27M |
| PayablesAndAccruedExpenses | 4.39M | 3.91M | 5.33M | 5.06M |
| CurrentAccruedExpenses | 2.33M | 2.72M | 3.94M | 3.69M |
| Payables | 2.06M | 1.19M | 1.40M | 1.37M |
| AccountsPayable | 2.06M | 1.19M | 1.40M | 1.37M |
| TotalAssets | 159.48M | 202.98M | 242.59M | 260.91M |
| TotalNonCurrentAssets | 56.42M | 29.19M | 26.96M | 8.01M |
| OtherNonCurrentAssets | 829.00K | 1.39M | 1.38M | 1.23M |
| GoodwillAndOtherIntangibleAssets | 45.26M | 18.23M | 18.54M | 0.00 |
| OtherIntangibleAssets | 45.26M | 7.86M | 8.49M | |
| Goodwill | 0.00 | 10.37M | 10.05M | 0.00 |
| NetPPE | 10.33M | 9.57M | 7.04M | 6.79M |
| AccumulatedDepreciation | -8.43M | -5.95M | -4.72M | -3.46M |
| GrossPPE | 18.76M | 15.52M | 11.76M | 10.24M |
| Leases | 598.00K | 395.00K | 21.00K | 21.00K |
| ConstructionInProgress | 41.00K | 53.00K | 757.00K | 0.00 |
| OtherProperties | 17.22M | 14.50M | 10.60M | 9.97M |
| MachineryFurnitureEquipment | 902.00K | 574.00K | 380.00K | 251.00K |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 103.06M | 173.79M | 215.63M | 252.89M |
| OtherCurrentAssets | 4.66M | 4.18M | 4.66M | 4.53M |
| PrepaidAssets | 4.53M | |||
| Inventory | 16.17M | 14.94M | 12.51M | 7.92M |
| FinishedGoods | 3.80M | 1.93M | 1.45M | 1.12M |
| WorkInProcess | 1.53M | 1.72M | 2.72M | 551.00K |
| RawMaterials | 10.85M | 11.29M | 8.34M | 6.24M |
| Receivables | 12.63M | 8.99M | 10.03M | 16.38M |
| AccountsReceivable | 12.63M | 8.99M | 10.03M | 16.38M |
| AllowanceForDoubtfulAccountsReceivable | -525.00K | -395.00K | -25.00K | -1.75M |
| GrossAccountsReceivable | 13.15M | 9.38M | 10.06M | 18.12M |
| CashCashEquivalentsAndShortTermInvestments | 69.60M | 145.68M | 188.42M | 224.07M |
| OtherShortTermInvestments | 25.57M | 24.64M | 0.00 | |
| CashAndCashEquivalents | 44.03M | 121.04M | 188.42M | 224.07M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -30.85M | -27.10M | -22.98M | -29.82M |
| RepaymentOfDebt | 0.00 | -15.00M | -60.00M | -30.00M |
| IssuanceOfDebt | 0.00 | 60.00M | 30.00M | |
| IssuanceOfCapitalStock | 1.15M | 936.00K | 1.55M | 95.60M |
| CapitalExpenditure | -602.00K | -2.04M | -2.04M | -737.00K |
| InterestPaidSupplementalData | 184.00K | 0.00 | 135.00K | 366.00K |
| EndCashPosition | 44.20M | 121.21M | 188.59M | 224.13M |
| BeginningCashPosition | 121.21M | 188.59M | 224.13M | 159.23M |
| EffectOfExchangeRateChanges | -65.00K | 13.00K | 18.00K | 0.00 |
| ChangesInCash | -76.94M | -67.39M | -35.56M | 64.91M |
| FinancingCashFlow | -376.00K | -15.94M | 1.18M | 94.72M |
| CashFlowFromContinuingFinancingActivities | -376.00K | -15.94M | 1.18M | 94.72M |
| NetOtherFinancingCharges | -1.52M | -1.87M | -374.00K | -879.00K |
| ProceedsFromStockOptionExercised | 852.00K | |||
| NetCommonStockIssuance | 1.15M | 936.00K | 1.55M | 95.60M |
| CommonStockIssuance | 1.15M | 936.00K | 1.55M | 95.60M |
| NetIssuancePaymentsOfDebt | 0.00 | -15.00M | 0.00 | 0.00 |
| NetShortTermDebtIssuance | 15.00M | |||
| ShortTermDebtPayments | -15.00M | |||
| ShortTermDebtIssuance | 30.00M | |||
| NetLongTermDebtIssuance | 0.00 | -15.00M | 0.00 | 0.00 |
| LongTermDebtPayments | 0.00 | -15.00M | -60.00M | -30.00M |
| LongTermDebtIssuance | 0.00 | 60.00M | 30.00M | |
| InvestingCashFlow | -46.32M | -26.40M | -15.81M | -737.00K |
| CashFlowFromContinuingInvestingActivities | -46.32M | -26.40M | -15.81M | -737.00K |
| NetInvestmentPurchaseAndSale | -936.00K | -24.36M | 0.00 | |
| SaleOfInvestment | 54.56M | 24.52M | 0.00 | |
| PurchaseOfInvestment | -55.50M | -48.87M | 0.00 | |
| NetBusinessPurchaseAndSale | -44.78M | 0.00 | -13.76M | 0.00 |
| PurchaseOfBusiness | -44.78M | 0.00 | -13.76M | 0.00 |
| NetPPEPurchaseAndSale | -602.00K | -2.04M | -2.04M | -737.00K |
| PurchaseOfPPE | -602.00K | -2.04M | -2.04M | -737.00K |
| OperatingCashFlow | -30.25M | -25.06M | -20.93M | -29.08M |
| CashFlowFromContinuingOperatingActivities | -30.25M | -25.06M | -20.93M | -29.08M |
| ChangeInWorkingCapital | -2.54M | -1.57M | 3.36M | -12.44M |
| ChangeInOtherWorkingCapital | -368.00K | 179.00K | 1.89M | 5.43M |
| ChangeInOtherCurrentLiabilities | -2.06M | -1.58M | -1.42M | -1.38M |
| ChangeInOtherCurrentAssets | 2.61M | 1.53M | 1.13M | 645.00K |
| ChangeInPayablesAndAccruedExpense | 2.32M | 2.03M | 452.00K | 2.75M |
| ChangeInPrepaidAssets | -445.00K | -513.00K | 844.00K | -4.12M |
| ChangeInInventory | -1.66M | -3.90M | -5.47M | -4.48M |
| ChangeInReceivables | -2.93M | 680.00K | 5.93M | -11.28M |
| ChangesInAccountReceivables | -2.93M | 680.00K | 5.93M | -11.28M |
| OtherNonCashItems | -13.22M | 299.00K | 208.00K | 178.00K |
| StockBasedCompensation | 11.76M | 9.79M | 7.21M | 2.50M |
| ProvisionandWriteOffofAssets | 829.00K | 1.05M | 376.00K | 1.92M |
| AssetImpairmentCharge | 40.66M | 0.00 | ||
| AmortizationOfSecurities | 13.00K | -301.00K | 0.00 | |
| DeferredTax | -283.00K | -305.00K | -129.00K | 0.00 |
| DeferredIncomeTax | -283.00K | -305.00K | -129.00K | 0.00 |
| DepreciationAmortizationDepletion | 4.68M | 2.38M | 1.61M | 925.00K |
| DepreciationAndAmortization | 4.68M | 2.38M | 1.61M | 925.00K |
| OperatingGainsLosses | 54.00K | |||
| GainLossOnSaleOfPPE | 54.00K | 0.00 | ||
| NetIncomeFromContinuingOperations | -72.21M | -36.40M | -33.56M | -22.17M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for MASS
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|