MetaCap

IRIDEX (IRIX) vs Picard Medical (PMI)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

IRIDEX (IRIX) has outperformed Picard Medical (PMI) over the past year, losing 17.6% versus a loss of 98.0%. Picard Medical is the larger company by market cap ($22.6 million vs $15.8 million), about 1.4 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

IRIX-17.61%PMI-97.98%
+50%-28%-106%
Oct 8, 20251 yearOct 8, 2026
IRIX-32.99%PMI-95.78%
+123%+7%-109%
Aug 25, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

IRIX versus PMI key metrics
MetricIRIXPMI
Share price$0.898$9.68
Market cap$15.77M$22.64M
1-day change+2.24%+3.31%
YTD return-21.23%-88.94%
1-year return-17.61%-97.98%
5-year return-87.88%—
EPS (TTM)$-0.20$-6.93
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$1.65$684.00
52-week low$0.61$2.65
Distance from 52-week high-45.58%-98.58%
Analyst consensusnone—
Avg. price target upside+206.24%—
Average volume389.24K1.69M
Shares outstanding17.56M2.34M
Employees9375
SectorHealth CareHealth Care
IndustryBiotechnology: Electromedical & Electrotherapeutic ApparatusMedical/Dental Instruments

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • IRIX has outperformed PMI by 80.4 percentage points over the past year.

About IRIDEX

IRIX stock →

IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments.

Health Care · Biotechnology: Electromedical & Electrotherapeutic Apparatus · 93 employees

About Picard Medical

PMI stock →

Picard Medical, Inc., together with its subsidiaries, engages in the designing, manufacturing, production, supply, marketing, and sale of medical device products. The company offers SynCardia TAH, an artificial heart for patients that is designed to function as a failed human heart in patients suffering from advanced heart failure.

Health Care · Medical/Dental Instruments · 75 employees

IRIX vs PMI FAQ

Which is bigger, IRIDEX or Picard Medical?

Picard Medical (PMI) is larger, with a market capitalization of $22.64M compared with $15.77M for IRIDEX (IRIX).

Which stock has performed better over the past year, IRIX or PMI?

IRIX returned -17.61% over the past 12 months, compared with -97.98% for PMI (price return, excluding dividends). Past performance does not predict future results.

Are IRIDEX and Picard Medical in the same industry?

Both are in the Health Care sector, but in different industries: Biotechnology: Electromedical & Electrotherapeutic Apparatus for IRIDEX and Medical/Dental Instruments for Picard Medical.

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