MASS (908 Devices) Shares Outstanding (EOP): 37.41 Mil (As of Mar. 2026)


MASS 908 Devices Inc MASS
71 GF Score
Price $9.02
GF Value $6.92
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is 908 Devices Shares Outstanding (EOP)?

908 Devices MASS +0.45% 71 Shares Outstanding (EOP) is 37.41 Mil as of Mar. 2026. GuruFocus rates MASS with a GF Score™ of 71/100 and a GF Value™ of $6.92 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. 908 Devices's shares outstanding for the quarter that ended in Mar. 2026 was 37.41 Mil.

908 Devices's quarterly shares outstanding increased from Dec. 2025 (36.32 Mil) to Mar. 2026 (37.41 Mil). It means 908 Devices issued new shares from Dec. 2025 to Mar. 2026 .

908 Devices's annual shares outstanding increased from Dec. 2024 (35.10 Mil) to Dec. 2025 (36.32 Mil). It means 908 Devices issued new shares from Dec. 2024 to Dec. 2025 .


908 Devices  (NAS:MASS) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


908 Devices Shares Outstanding (EOP) Related Terms


908 Devices Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for 908 Devices's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

908 Devices Shares Outstanding (EOP) Chart

908 Devices Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 31.08 31.86 32.52 35.10 36.32

908 Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.74 36.06 36.12 36.32 37.41

MASS vs ELMD, SI, CV: Shares Outstanding (EOP) Comparison

For the Medical Devices subindustry, 908 Devices's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


908 Devices Shares Outstanding (EOP) vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, 908 Devices's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where 908 Devices's Shares Outstanding (EOP) falls into.


MASS
71GF Score
908 Devices Inc MASS
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

908 Devices Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 37.41 Mil mean?
908 Devices (MASS) has a Shares Outstanding (EOP) of 37.41 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on 908 Devices and its competitors.
Is 908 Devices' Shares Outstanding (EOP) too high?
908 Devices' current Shares Outstanding (EOP) is 37.41 Mil. Overall, 908 Devices has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 908 Devices' Shares Outstanding (EOP) compare to ELMD and SI?
908 Devices' Shares Outstanding (EOP) of 37.41 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Medical Devices & Instruments company?
A good Shares Outstanding (EOP) depends on the Medical Devices & Instruments industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on 908 Devices and its competitors. 908 Devices's current Shares Outstanding (EOP) is 37.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 908 Devices stock overvalued right now?
Based on GuruFocus' analysis, 908 Devices (MASS) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.92, compared to a current price of $9.02 — trading 30.3% above its estimated fair value. The current Shares Outstanding (EOP) is 37.41 Mil. 908 Devices' overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For 908 Devices (MASS), the current Shares Outstanding (EOP) is 37.41 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is 908 Devices (MASS) Overvalued in 2026?

Based on GuruFocus' analysis, 908 Devices stock appears to be overvalued. The current stock price of $9.02 is trading 30.3% above its estimated GF Value™ of $6.92. GuruFocus considers 908 Devices to be Modestly Overvalued.

Key valuation signals for MASS:

  • Shares Outstanding (EOP): 37.41 Mil
  • GF Value™: $6.92 vs. price of $9.02 (30.3% above fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the MASS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


908 Devices Business Description

Address 44 3rd Avenue, Burlington, MA, USA, 01803
908 Devices Inc develops a suite of purpose-built handheld devices for point-of-need chemical analysis. Leveraging mass spectrometry, optical spectroscopy, analytics and machine learning technologies, the company makes devices that are smaller and more accessible than conventional laboratory instruments. Its devices, including MX908, ThreatID, XplorIR and VipIR, are used to analyze unknown materials and provide actionable answers in health, safety and defense technology applications, addressing the fentanyl and illicit drug crisis, toxic carcinogen exposure and security threats. The company reimagines mass spectrometry technology by developing smaller, lower-cost and simpler-to-operate devices compared to conventional instruments, and generates maximum revenue from the United States.
71GF Score

Get the complete analysis for MASS

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.02
Price
$6.92
GF Value