Citizens JMP starts coverage of Microbot Medical stock at USD 2.50 target
Published on 10/24/2026 at 20:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCitizens JMP target and results
- Citizens JMP initiated coverage with a USD 2.50 target on October 23, 2026.
- Microbot Medical reported USD 0.24 million in second-quarter revenue and a USD 5.60 million net loss.
- Microbot Medical stock was USD 0.97 on October 23, 2026, up 3.40 percent from USD 0.94.
Microbot Medical (ISIN US59503A2042) received a new analyst rating from Citizens JMP on October 23, 2026, with a Market Outperform recommendation and a USD 2.50 price target. According to MarketBeat, the target was issued when Citizens JMP initiated coverage of the medical device company. Microbot Medical stock was USD 0.97 on October 23, 2026 at 4:00 p.m. ET, up 3.40 percent from the USD 0.94 prior close.
Revenue reached USD 0.24 million
Microbot Medical reported USD 0.24 million in revenue for the second quarter of 2026, compared with a USD 0.13 million consensus estimate. The company recorded a USD 5.60 million net loss, or USD 0.08 per share, for the same period. Investing.com reported that revenue exceeded H.C. Wainwright's USD 0.22 million forecast, while the net loss was larger than the firm's USD 4.00 million estimate.
Stock remains near its yearly low
Microbot Medical's Nasdaq quote stood within a USD 0.93 to USD 2.86 52-week range on October 23, 2026. The USD 0.97 price was USD 1.89 below the yearly high and USD 0.04 above the yearly low. Trading volume reached 568,460 shares, against an average volume of 664,837 shares.
Analyst targets remain widely spread
Citizens JMP's USD 2.50 target followed H.C. Wainwright's October 21, 2026 reiteration of a Buy rating and a USD 12.00 target, as reported by Investing.com. The two targets imply materially different views of Microbot Medical's commercialization path. The company develops the LIBERTY endovascular robotic system and reported that it is expanding customer and international distribution activity in 2026.
What investors can quantify
The latest reported quarter combined USD 0.24 million of revenue with a USD 5.60 million net loss, leaving commercialization progress as the central operating measure. The analyst range also remains broad, from USD 2.50 to USD 12.00, while the stock's October 23, 2026 close was USD 0.94.
Price and analyst view
Microbot Medical stock was last at USD 0.97 on Nasdaq on October 23, 2026 at 4:00 p.m. ET, up 3.40 percent versus the prior close of USD 0.94.
Microbot Medical at a glance
- Company: Microbot Medical Inc.
- ISIN: US59503A2042
- Ticker: MBOT
- Primary exchange: Nasdaq
- Price: USD 0.97 on October 23, 2026 at 4:00 p.m. ET
- Change versus prior close: plus 3.40 percent
- Market capitalization: USD 65.4 million as of October 23, 2026
- 52-week range: USD 0.93-2.86 as of October 23, 2026
- Sector / Industry: Healthcare / Medical devices
Market context: Market report Nasdaq Composite.
