TELA Bio Inc
TEL Bio Inc is a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel therapeutics for the treatment of fibrotic and inflammatory diseases.
Business. TELA Bio Inc (TELA.O) is a healthcare services and equipment company operating within the medical equipment, supplies, and distribution industry. The firm generates revenue through the sale of products, focusing on medical devices and related supplies. TELA Bio is listed on the NASDAQ stock exchange. Specific details regarding operating segments or geographic breakdowns are not provided in the available data.
Analyst recommendations
5 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
TELA Bio Inc (TELA.O) is a healthcare services and equipment company operating within the medical equipment, supplies, and distribution industry. The firm generates revenue through the sale of products, focusing on medical devices and related supplies. TELA Bio is listed on the NASDAQ stock exchange. Specific details regarding operating segments or geographic breakdowns are not provided in the available data.
TEL Bio Inc operates with a high debt-to-equity ratio of 8.82, indicating a capital structure heavily reliant on debt financing. The company holds $50.85 million in cash and equivalents, but this is offset by $55.65 million in long-term debt, resulting in a net cash position of -$4.8 million. The current ratio of 4.2 suggests strong short-term liquidity, but the negative net cash position raises concerns about long-term solvency.
Profitability metrics show significant underperformance relative to industry norms. The company reported a net loss of $38.83 million and an operating loss of $34.64 million, with a return on equity of -6.15% and a return on assets of -0.48%. These figures indicate that TELA is not generating returns that meet the cost of capital, a critical concern for investors.
TEL Bio Inc derives its revenue from a single therapeutic focus on fibrotic and inflammatory diseases, with no disclosed geographic diversification in the financial data. This concentration in a narrow therapeutic area and lack of geographic segmentation increases exposure to clinical trial risks and regulatory delays.
The company's growth trajectory is constrained by its current financial position. Revenue for the latest period was $80.28 million, but with a negative operating cash flow of $28.22 million and a free cash flow of -$38.27 million, TELA is not generating cash to fund operations or growth. Analysts have assigned a mean price target of $2.25, suggesting a potential upside of 127% from the current market price of $0.99.
Risk factors include the company's high leverage and negative net cash position, which could necessitate additional financing and potentially lead to dilution. The risk assessment flags net cash as negative after subtracting total debt, and while dilution is currently rated as low, the high debt-to-equity ratio and negative cash flow suggest potential for future dilution.
Recent events include the publication of financial results and analyst price targets, but no material corporate actions or regulatory developments were disclosed in the latest filings. The company remains in a pre-commercialization phase, with no revenue from product sales reported.
- TELA Bio Inc is a high-risk, high-debt biopharmaceutical company with no positive returns on equity or assets.
- The company's reliance on debt financing and negative cash flow raise concerns about long-term solvency.
- Analysts have assigned a mean price target of $2.25, indicating potential for significant upside but also highlighting the speculative nature of the investment.
- The company's narrow therapeutic focus and lack of geographic diversification increase exposure to clinical and regulatory risks.
- TELA's capital structure and liquidity position suggest a need for additional financing, which could lead to future dilution.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,67 |
| Revenue | —no estimate | —no estimate | 86,8M USD |
| Operating income | —no estimate | —no estimate | -31,4M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 335 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 550 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 335 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 335 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 550 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 335 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 335 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 550 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 335 @ $0,94grant · 2026-06-09
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 550 @ $0,94grant · 2026-06-09
- President · Stock Option (Right to Buy) → Common StockAcquired 127 000 @ $0,72grant · 2026-02-20
- COO and CFO · Stock Option (Right to Buy) → Common StockAcquired 85 000 @ $0,72grant · 2026-02-20
- Chief Technology Officer · Stock Option (Right to Buy) → Common StockAcquired 85 000 @ $0,72grant · 2026-02-20
- Chief Business Officer · Stock Option (Right to Buy) → Common StockAcquired 55 000 @ $0,72grant · 2026-02-20
- Director, Chief Executive Officer · Stock Option (Right to Buy) → Common StockAcquired 261 000 @ $0,72grant · 2026-02-20
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 550 @ $1,23grant · 2025-10-31
- Director · Stock Option (Right to Buy) → Common StockAcquired 17 550 @ $1,48grant · 2025-10-09
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
- TELA Bio Inc Market data — financials · 2026-05-29
- TELA Bio Inc Market data — analyst estimates · 2026-05-29
- TELA Bio Inc Market data — ESG · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2024-06-300,00 %$3M
- Investment Managers · as of 2025-12-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
Insider activity
- Director · Common StockOther 11 675 · 2026-06-09
- Director · Common StockOther 11 925 · 2026-06-09
- Director · Common StockOther 11 675 · 2026-06-09
- Director · Common StockOther 11 675 · 2026-06-09
- Director · Common StockOther 11 925 · 2026-06-09
- Director · Common StockOther 11 675 · 2026-06-09
- Director · Common StockOther 11 925 · 2026-06-09
- Director · Common StockOther 11 675 · 2026-06-09
- Director · Common StockOther 11 925 · 2026-06-09
- Director · Common StockOther 11 675 · 2026-06-09
- Director, Chief Executive Officer · Common StockOther 3 900 @ $0,79$3K · 2026-02-24
- Chief Business Officer · Common StockOther 1 352 @ $0,77$1K · 2026-02-23
- Chief Technology Officer · Common StockOther 4 061 @ $0,77$3K · 2026-02-23
- Chief Accounting Officer · Common StockOther 423 @ $0,77$324 · 2026-02-23
- COO and CFO · Common StockOther 5 234 @ $0,77$4K · 2026-02-23
- Director, Chief Executive Officer · Common StockOther 11 631 @ $0,77$9K · 2026-02-23
- Director, Chief Executive Officer · Common StockOther 12 494 @ $0,72$9K · 2026-02-21
- Chief Business Officer · Common StockOther 4 189 @ $0,72$3K · 2026-02-21
- Chief Technology Officer · Common StockOther 3 385 @ $0,72$2K · 2026-02-21
- COO and CFO · Common StockOther 4 780 @ $0,72$3K · 2026-02-21
- Chief Accounting Officer · Common StockOther 1 590 @ $0,72$1K · 2026-02-21
- COO and CFO · Common StockOther 57 000 · 2026-02-20
- Chief Business Officer · Common StockOther 37 000 · 2026-02-20
- President · Common StockOther 86 000 · 2026-02-20
- Director, Chief Executive Officer · Common StockOther 176 000 · 2026-02-20
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Gross margin (FY 2025-12-31): 67.7%Derived (calculated)
- Net margin (FY 2025-12-31): -48.3%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 35.3%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 16.9%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 37.6%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 37.6%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -3.5%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -54.7%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 11.90xDerived (calculated)
- Current ratio (FY 2025-12-31): 4.20xDerived (calculated)
- Return on assets (FY 2025-12-31): -47.7%Derived (calculated)
- Return on equity (FY 2025-12-31): -614.6%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -2.6%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 32.2%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 1.1%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 4.6%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 15.8%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -77.8%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -6.0%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 29.2%Derived (calculated)
- Long-term debt (annual): USD 55.65MSEC XBRL filing
- Operating income (annual): USD -33.76MSEC XBRL filing
- Current assets (annual): USD 75.58MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -1SEC XBRL filing