CeriBell (CBLL)
Market Price (6/23/2026): $18.16 | Market Cap: $684.0 MilSector: Health Care | Industry: Life Sciences Tools & Services
CeriBell (CBLL)
Market Price (6/23/2026): $18.16Market Cap: $684.0 MilSector: Health CareIndustry: Life Sciences Tools & Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 33% Megatrend and thematic driversMegatrends include Precision Medicine, and Biotechnology & Genomics. Themes include Personalized Diagnostics, Targeted Therapies, Show more. | Weak multi-year price returns2Y Excs Rtn is -65%, 3Y Excs Rtn is -98% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -65 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -68% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -51%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -53% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% Key risksCBLL key risks include [1] a history of significant net losses with an unclear timeline to profitability, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 33% |
| Megatrend and thematic driversMegatrends include Precision Medicine, and Biotechnology & Genomics. Themes include Personalized Diagnostics, Targeted Therapies, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -65%, 3Y Excs Rtn is -98% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -65 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -68% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 14% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -51%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -53% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -13% |
| Key risksCBLL key risks include [1] a history of significant net losses with an unclear timeline to profitability, Show more. |
Qualitative Assessment
AI Analysis | Feedback
CeriBell (CBLL) stock has lost about 5% since 2/28/2026 because of the following key factors:
1. CeriBell reported a wider-than-expected net loss for fiscal Q1 2026, which ended March 31, 2026, contributing to investor concern. The company posted a net loss of $19.7 million, or $0.52 per share, missing consensus EPS estimates of approximately -$0.39 by $0.13. This loss represented a significant deterioration from the net loss of $12.8 million, or $0.36 per share, reported in fiscal Q1 2025.
2. Increased operating expenses weighed on profitability in fiscal Q1 2026. Operating expenses for the quarter rose 36% to $43.9 million, compared to $32.2 million in fiscal Q1 2025. This increase was primarily driven by strategic investments in CeriBell's commercial organization, higher headcount to support business growth, and legal costs associated with intellectual property enforcement activities, including a patent infringement suit initiated in July 2025.
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CeriBell (CBLL) stock has lost about 5% since 2/28/2026 because of the following key factors:
1. CeriBell reported a wider-than-expected net loss for fiscal Q1 2026, which ended March 31, 2026, contributing to investor concern. The company posted a net loss of $19.7 million, or $0.52 per share, missing consensus EPS estimates of approximately -$0.39 by $0.13. This loss represented a significant deterioration from the net loss of $12.8 million, or $0.36 per share, reported in fiscal Q1 2025.
2. Increased operating expenses weighed on profitability in fiscal Q1 2026. Operating expenses for the quarter rose 36% to $43.9 million, compared to $32.2 million in fiscal Q1 2025. This increase was primarily driven by strategic investments in CeriBell's commercial organization, higher headcount to support business growth, and legal costs associated with intellectual property enforcement activities, including a patent infringement suit initiated in July 2025.
3. Analysts lowered fiscal year 2026 EPS estimates and price targets following the Q1 results. After the fiscal Q1 2026 earnings report, consensus EPS estimates for the full fiscal year 2026 were reduced by 17%, with the anticipated loss increasing from -$1.46 to -$1.71 per share. Concurrently, the average consensus price target for CBLL decreased from $27.57 to $26.86. As of June 12, 2026, CeriBell's valuation was considered "Ultra Expensive" based on AAII's Value Grade, further impacting investor sentiment.
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Stock Movement Drivers
Fundamental Drivers
The -2.6% change in CBLL stock from 2/28/2026 to 6/22/2026 was primarily driven by a -7.6% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.67 | 18.18 | -2.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 89 | 95 | 6.7% |
| P/S Multiple | 7.8 | 7.2 | -7.6% |
| Shares Outstanding (Mil) | 37 | 38 | -1.3% |
| Cumulative Contribution | -2.6% |
Market Drivers
2/28/2026 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CBLL | -2.6% | |
| Market (SPY) | 8.8% | 39.8% |
| Sector (XLV) | -5.9% | 27.2% |
Fundamental Drivers
The 7.1% change in CBLL stock from 11/30/2025 to 6/22/2026 was primarily driven by a 14.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.97 | 18.18 | 7.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 83 | 95 | 14.8% |
| P/S Multiple | 7.5 | 7.2 | -4.5% |
| Shares Outstanding (Mil) | 37 | 38 | -2.3% |
| Cumulative Contribution | 7.1% |
Market Drivers
11/30/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CBLL | 7.1% | |
| Market (SPY) | 9.5% | 32.7% |
| Sector (XLV) | -4.0% | 21.3% |
Fundamental Drivers
The 8.1% change in CBLL stock from 5/31/2025 to 6/22/2026 was primarily driven by a 0.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.81 | 18.18 | 8.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 95 | 0.0% |
| P/S Multiple | � | 7.2 | 0.0% |
| Shares Outstanding (Mil) | 34 | 38 | -9.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
5/31/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CBLL | 8.1% | |
| Market (SPY) | 27.7% | 33.3% |
| Sector (XLV) | 15.2% | 33.8% |
Fundamental Drivers
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Market Drivers
5/31/2023 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CBLL | ||
| Market (SPY) | 85.1% | 38.8% |
| Sector (XLV) | 23.4% | 36.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CBLL Return | - | - | - | 4% | -15% | -18% | -28% |
| Peers Return | 19% | -20% | -8% | -19% | 37% | -7% | -10% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| CBLL Win Rate | - | - | - | 67% | 42% | 17% | |
| Peers Win Rate | 60% | 50% | 48% | 42% | 54% | 47% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CBLL Max Drawdown | - | - | - | - | -58% | -30% | |
| Peers Max Drawdown | -29% | -44% | -49% | -37% | -37% | -43% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: A, TECH, ATEC, CERS, ALMR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/22/2026 (YTD)
How Low Can It Go
| Event | CBLL | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -49.7% | -18.8% |
| % Gain to Breakeven | 98.7% | 23.1% |
| Time to Breakeven | 272 days | 79 days |
In The Past
CeriBell's stock fell -49.7% during the 2025 US Tariff Shock. Such a loss loss requires a 98.7% gain to breakeven.
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Asset Allocation
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| Event | CBLL | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -49.7% | -18.8% |
| % Gain to Breakeven | 98.7% | 23.1% |
| Time to Breakeven | 272 days | 79 days |
In The Past
CeriBell's stock fell -49.7% during the 2025 US Tariff Shock. Such a loss loss requires a 98.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About CeriBell (CBLL)
CeriBell (CBLL) is a commercial-stage medical technology company dedicated to transforming the diagnosis and management of patients with serious neurological conditions. The company's primary focus is addressing the significant limitations of conventional electroencephalography (EEG) in acute care settings, where traditional systems are often slow, require specialized personnel, and cannot provide the continuous monitoring essential for critically ill patients at risk of seizures. CeriBell's innovative approach aims to deliver rapid, point-of-care EEG solutions that lead to earlier seizure detection, improved patient outcomes, and enhanced hospital and payer economics.
The core of CeriBell's offering is the Ceribell System, a novel, portable EEG platform. This system integrates proprietary hardware, consisting of a disposable headband and a pocket-sized, battery-operated recorder, designed for rapid deployment—within minutes—by any non-specialized healthcare professional. A critical component is its AI-powered "Clarity" algorithm, which continuously monitors the patient's EEG signal to support real-time assessment of seizure activity. Clarity has received 510(k) clearance from the FDA for diagnosing electrographic status epilepticus and has been awarded a New Technology Add-on Payment (NTAP) from CMS, underscoring its unique diagnostic capabilities. CeriBell generates recurring revenue through the sale of its disposable headbands and monthly subscription fees for the use of Clarity, recorders, and its associated portal.
CeriBell primarily serves acute care facilities across the United States, including major academic centers and community hospitals, with over 500 active accounts as of September 2024. The company targets an estimated $2 billion annual market opportunity by expanding the use of EEG for the approximately three million acute care patients at risk of non-convulsive seizures. While its current commercial efforts are focused on the U.S., CeriBell holds a CE Mark for Europe and plans for future international expansion. The company also intends to leverage its AI and data science capabilities to expand into additional indications beyond seizures, such as delirium, for which it has received an FDA Breakthrough Device Designation, representing further market opportunities.
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Here are 1-3 brief analogies for CeriBell:
- CeriBell is like the Dexcom for brain activity, providing continuous, real-time seizure monitoring for critically ill hospital patients.
- It's the 'Uber' for electroencephalography (EEG) in hospitals, making a critical brain activity diagnostic available quickly and easily at the patient's bedside with AI.
- Think of it as an AI-powered 'Apple Watch for the brain' for acute care patients, enabling rapid and continuous seizure detection.
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- Disposable Headbands: Single-use hardware components for the Ceribell System, designed to rapidly capture patient EEG signals.
- Clarity AI-powered Seizure Detection Algorithm: A subscription-based artificial intelligence algorithm that continuously monitors EEG signals to aid clinicians in real-time seizure detection and diagnosis.
- EEG Recorders and Portal Access: A subscription service providing use of portable, battery-operated EEG recorders and access to an online portal for data management and system interface.
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CeriBell (CBLL) sells its products and services primarily to other companies, specifically hospitals and acute care facilities. The company's customer base includes a range of institutions, from top academic centers to small community hospitals.
As of September 30, 2024, CeriBell had over 500 active accounts. However, the provided background information does not name specific customer companies or their public symbols, as these are typically healthcare providers and not publicly traded companies in the traditional sense.
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Jane Chao, PhD - President, Chief Executive Officer, Co-Founder, and Director
Jane Chao is a co-founder of CeriBell and has served as its CEO since October 2015. Prior to joining CeriBell, Dr. Chao held positions as Principal Manager of Portfolio Management Strategy at Genentech, Inc. and Senior Strategy Manager at Novartis AG. She also worked as a management consultant at McKinsey & Company. She holds a Ph.D. in biophysics from Cornell University.
Scott Blumberg - Chief Financial Officer
Scott Blumberg has served as CeriBell's CFO since April 2020. He founded Venture Forward Advisory Services, a financial and strategic consulting agency, where he acted as an outsourced CFO and trusted advisor to over 20 venture-backed startups. Earlier in his career, he was Director of Business Development for IDEV Technologies, a venture-backed medical device company, and led the M&A process that resulted in its sale to Abbott for $310 million. Mr. Blumberg also worked as an investment professional at Bay City Capital, a life sciences venture capital firm, and an investment banking analyst at Bank of America.
Raymond Woo, PhD - Chief Technology Officer
Raymond Woo joined CeriBell in 2016 and leads its product research and development efforts. Before CeriBell, Dr. Woo was Global Head of Femtosecond Laser R&D at Abbott Medical Optics (now part of J&J Vision). He also contributed to the development of the Catalys laser cataract surgery system at Optimedica, which was subsequently acquired by Abbott Medical Optics. He holds a Ph.D. and Master's degree in Electrical Engineering from Stanford University.
Sean Manni - Chief Revenue Officer
Sean Manni brings over 25 years of experience in the healthcare industry to CeriBell.
Diku Mandavia, MD - Chief Medical Officer
Dr. Diku Mandavia is a recognized expert in emergency medicine with more than 25 years of clinical experience and nearly 15 years in the commercial medical device sector. He is focused on advancing CeriBell's mission to establish a new standard of care through non-invasive brain monitoring.
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- Market Adoption and Resistance to Changing Established Clinical Practices: CeriBell aims to transform the diagnosis and management of neurological conditions and expand the use of EEG in acute care settings, a market they believe is significantly underutilized. Despite the demonstrated benefits of the Ceribell System, there is a substantial risk that healthcare facilities and clinicians may be slow to adopt new technologies and change established practices, which could hinder the company's ability to achieve its goal of becoming the standard of care and fully realize its estimated $2 billion market opportunity.
- Reliance on Regulatory Clearances and Favorable Reimbursement Policies: The company's current success and future growth are heavily dependent on obtaining and maintaining regulatory approvals, such as the FDA 510(k) clearance for seizure diagnosis and FDA Breakthrough Device Designation for delirium detection. Future expansion into new indications and international markets will require additional regulatory clearances, which can be time-consuming and uncertain. Furthermore, CeriBell's revenue generation relies on favorable reimbursement policies, including the New Technology Add-on Payment (NTAP) from CMS. Any adverse changes in regulatory requirements or reimbursement policies could significantly impact the company's ability to market its product and generate revenue.
- Dependence on Expansion and Effectiveness of Direct Sales Organization: CeriBell plans to expand the size of its direct sales organization in the United States to drive further adoption and utilization of the Ceribell System. There is a risk that the company may not be able to effectively scale its sales force, recruit and retain qualified personnel, or ensure the productivity of its sales team. Failure to successfully expand and manage its sales organization could impede market penetration, limit customer acquisition, and consequently hinder revenue growth.
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CeriBell (CBLL) anticipates several key drivers for future revenue growth over the next 2-3 years:
- Growth in Active Accounts and Utilization: The company plans to expand its direct sales organization in the United States to drive further adoption of the Ceribell System by acquiring new customers and increasing the utilization of the system within existing active accounts. This strategy focuses on increasing both the number of hospitals using the system and the frequency of its use for patient monitoring.
- Expansion to New Indications: CeriBell intends to leverage its proprietary database of EEG recordings and AI capabilities to expand the use of its system beyond seizure detection. This includes pursuing additional indications, such as the detection and monitoring of delirium, for which it has already received an FDA Breakthrough Device Designation. This expansion into new applications for the Ceribell System is expected to open up significant new market opportunities.
- International Market Expansion: While currently focused on the United States, CeriBell has received a CE Mark for the Ceribell System in Europe and plans to pursue additional regulatory clearances there within two to four years. The company also intends to engage in market access initiatives in other attractive international regions, signaling a strategic move to broaden its geographic reach and revenue streams outside of the U.S.
- Increased Sales Force: CeriBell intends to expand the size of its direct sales organization in the United States, including Territory Managers for new customer acquisition and Clinical Account Managers for ongoing account coverage and increased utilization. This investment in its sales team is expected to directly support the growth in its active account base and overall system utilization.
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Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Can CeriBell Stock Hold Up When Markets Turn? | 10/17/2025 | |
| CeriBell (CBLL) Operating Cash Flow Comparison | 02/17/2025 | |
| CeriBell (CBLL) Net Income Comparison | 02/15/2025 | |
| CeriBell (CBLL) Operating Income Comparison | 02/14/2025 | |
| CeriBell (CBLL) Revenue Comparison | 02/13/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 20.48 |
| Mkt Cap | 1.3 |
| Rev LTM | 787 |
| Op Inc LTM | -3 |
| FCF LTM | -1 |
| FCF 3Y Avg | 118 |
| CFO LTM | 52 |
| CFO 3Y Avg | 141 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 17.0% |
| Rev Chg 3Y Avg | 7.2% |
| Rev Chg Q | 13.6% |
| QoQ Delta Rev Chg LTM | 3.0% |
| Op Inc Chg LTM | 39.1% |
| Op Inc Chg 3Y Avg | 12.2% |
| Op Mgn LTM | -1.5% |
| Op Mgn 3Y Avg | 7.0% |
| QoQ Delta Op Mgn LTM | 1.4% |
| CFO/Rev LTM | 6.6% |
| CFO/Rev 3Y Avg | 9.8% |
| FCF/Rev LTM | -0.1% |
| FCF/Rev 3Y Avg | 6.1% |
Price Behavior
| Market Price | $18.18 | |
| Market Cap ($ Bil) | 0.7 | |
| First Trading Date | 10/11/2024 | |
| Distance from 52W High | -22.4% | |
| 50 Days | 200 Days | |
| DMA Price | $19.01 | $18.12 |
| DMA Trend | up | down |
| Distance from DMA | -4.4% | 0.3% |
| 3M | 1YR | |
| Volatility | 59.1% | 55.1% |
| Downside Capture | 278.71 | 165.88 |
| Upside Capture | 141.83 | 122.54 |
| Correlation (SPY) | 37.1% | 33.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.99 | 2.09 | 1.58 | 1.28 | 1.52 | -0.07 |
| Up Beta | -0.87 | 1.87 | 1.71 | 1.46 | 1.55 | -0.40 |
| Down Beta | -3.32 | -3.99 | 0.02 | 0.76 | 1.60 | -0.67 |
| Up Capture | 84% | 163% | 166% | 141% | 147% | 38% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 10 | 21 | 32 | 62 | 123 | 191 |
| Down Capture | 524% | 570% | 223% | 138% | 142% | 101% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 10 | 20 | 31 | 62 | 125 | 214 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CBLL | |
|---|---|---|---|---|
| CBLL | 10.7% | 54.5% | 0.38 | - |
| Sector ETF (XLV) | 14.7% | 15.0% | 0.70 | 34.1% |
| Equity (SPY) | 26.1% | 12.4% | 1.59 | 33.1% |
| Gold (GLD) | 24.1% | 27.5% | 0.77 | 4.0% |
| Commodities (DBC) | 18.5% | 18.8% | 0.77 | -21.2% |
| Real Estate (VNQ) | 11.8% | 13.8% | 0.57 | 31.7% |
| Bitcoin (BTCUSD) | -40.2% | 42.5% | -1.09 | 14.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CBLL | |
|---|---|---|---|---|
| CBLL | -4.7% | 68.4% | 0.09 | - |
| Sector ETF (XLV) | 5.5% | 14.7% | 0.19 | 36.0% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 38.7% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 1.4% |
| Commodities (DBC) | 7.5% | 19.4% | 0.28 | -3.7% |
| Real Estate (VNQ) | 2.1% | 18.9% | 0.01 | 32.2% |
| Bitcoin (BTCUSD) | 9.4% | 54.1% | 0.37 | 18.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CBLL | |
|---|---|---|---|---|
| CBLL | -2.4% | 68.4% | 0.09 | - |
| Sector ETF (XLV) | 9.5% | 16.6% | 0.46 | 36.0% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 38.7% |
| Gold (GLD) | 12.2% | 16.1% | 0.62 | 1.4% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | -3.7% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 32.2% |
| Bitcoin (BTCUSD) | 59.9% | 66.8% | 1.00 | 18.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/12/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/11/2026 | -16.5% | -17.3% | -8.4% |
| 2/24/2026 | -4.8% | -11.9% | -5.7% |
| 11/4/2025 | 7.9% | 14.7% | 80.6% |
| 8/5/2025 | -15.3% | -22.4% | -18.2% |
| 5/8/2025 | -6.6% | 2.9% | 4.2% |
| 2/25/2025 | -1.3% | -7.0% | -23.4% |
| 11/12/2024 | -3.4% | -11.4% | 1.2% |
| SUMMARY STATS | |||
| # Positive | 1 | 2 | 3 |
| # Negative | 6 | 5 | 4 |
| Median Positive | 7.9% | 8.8% | 4.2% |
| Median Negative | -5.7% | -11.9% | -13.3% |
| Max Positive | 7.9% | 14.7% | 80.6% |
| Max Negative | -16.5% | -22.4% | -23.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/11/2026 | -16.5% | -17.3% | -8.4% |
| 2/24/2026 | -4.8% | -11.9% | -5.7% |
| 11/4/2025 | 7.9% | 14.7% | 80.6% |
| 8/5/2025 | -15.3% | -22.4% | -18.2% |
| 5/8/2025 | -6.6% | 2.9% | 4.2% |
| 2/25/2025 | -1.3% | -7.0% | -23.4% |
| 11/12/2024 | -3.4% | -11.4% | 1.2% |
| SUMMARY STATS | |||
| # Positive | 1 | 2 | 3 |
| # Negative | 6 | 5 | 4 |
| Median Positive | 7.9% | 8.8% | 4.2% |
| Median Negative | -5.7% | -11.9% | -13.3% |
| Max Positive | 7.9% | 14.7% | 80.6% |
| Max Negative | -16.5% | -22.4% | -23.4% |
Recent Forward Guidance
Updated 5/31/2026Latest: Q1 2026 Earnings Reported 5/11/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 112.00 Mil | 114.00 Mil | 116.00 Mil | 0.9% | Raised | Guidance: 113.00 Mil for 2026 | |
| 2026 Revenue Growth | 26.0% | 28.0% | 30.0% | 3.7% | 1.0% | Raised | Guidance: 27.0% for 2026 |
Prior: Q4 2025 Earnings Reported 2/24/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue | 111.00 Mil | 113.00 Mil | 115.00 Mil | 28.4% | Higher New | Guidance: 88.00 Mil for 2025 | |
| 2026 Revenue Growth | 25.0% | 27.0% | 29.0% | -21.7% | -7.5% | Lower New | Guidance: 34.5% for 2025 |
Insider Activity
Updated 6/15/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Taylor, Joseph Michael | Direct | Sell | 6152026 | 18.41 | 5,500 | 101,255 | 1,133,559 | Form | |
| 2 | Chao, Xingjuan | President and CEO | Direct | Sell | 6102026 | 18.33 | 39,000 | 714,870 | 14,963,091 | Form |
| 3 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 5262026 | 18.80 | 862 | 16,206 | 709,719 | Form |
| 4 | Manni, Joseph S | Chief Revenue Officer | Direct | Sell | 5262026 | 18.00 | 1,378 | 24,804 | 1,013,238 | Form |
| 5 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 5262026 | 18.00 | 987 | 17,766 | 695,034 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Taylor, Joseph Michael | Direct | Sell | 6152026 | 18.41 | 5,500 | 101,255 | 1,133,559 | Form | |
| 2 | Chao, Xingjuan | President and CEO | Direct | Sell | 6102026 | 18.33 | 39,000 | 714,870 | 14,963,091 | Form |
| 3 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 5262026 | 18.80 | 862 | 16,206 | 709,719 | Form |
| 4 | Manni, Joseph S | Chief Revenue Officer | Direct | Sell | 5262026 | 18.00 | 1,378 | 24,804 | 1,013,238 | Form |
| 5 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 5262026 | 18.00 | 987 | 17,766 | 695,034 | Form |
| 6 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 5262026 | 18.00 | 1,966 | 35,388 | 3,522,276 | Form |
| 7 | Blumberg, Scott | Chief Financial Officer | Direct | Sell | 5262026 | 18.00 | 1,387 | 24,966 | 2,658,294 | Form |
| 8 | Chao, Xingjuan | President and CEO | Direct | Sell | 5262026 | 18.00 | 6,030 | 108,540 | 14,945,706 | Form |
| 9 | Chao, Xingjuan | President and CEO | Direct | Sell | 5072026 | 20.10 | 39,000 | 783,973 | 16,812,148 | Form |
| 10 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 5042026 | 20.44 | 11,104 | 226,928 | 4,039,256 | Form |
| 11 | Chao, Xingjuan | President and CEO | Direct | Sell | 4082026 | 18.40 | 39,000 | 717,600 | 15,646,385 | Form |
| 12 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 4032026 | 18.56 | 11,112 | 206,244 | 3,097,959 | Form |
| 13 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 3042026 | 18.25 | 11,112 | 202,839 | 3,046,819 | Form |
| 14 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 2252026 | 19.98 | 781 | 15,604 | 350,649 | Form |
| 15 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 2252026 | 19.79 | 569 | 11,261 | 362,770 | Form |
| 16 | Manni, Joseph S | Chief Revenue Officer | Direct | Sell | 2252026 | 19.79 | 768 | 15,199 | 533,004 | Form |
| 17 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 2252026 | 19.79 | 705 | 13,952 | 3,303,188 | Form |
| 18 | Blumberg, Scott | Chief Financial Officer | Direct | Sell | 2252026 | 19.79 | 808 | 15,990 | 2,341,830 | Form |
| 19 | Chao, Xingjuan | President and CEO | Direct | Sell | 2252026 | 19.79 | 2,084 | 41,242 | 14,350,996 | Form |
| 20 | Parvizi, Josef | Josef Parvizi Trust | Sell | 2232026 | 20.27 | 16,714 | 338,793 | 14,648,156 | Form | |
| 21 | Parvizi, Josef | Josef Parvizi Trust | Sell | 2192026 | 20.00 | 6,986 | 139,720 | 14,787,320 | Form | |
| 22 | Parvizi, Josef | Josef Parvizi Trust | Sell | 2192026 | 20.00 | 1,300 | 26,000 | 14,927,040 | Form | |
| 23 | Chao, Xingjuan | President and CEO | Direct | Sell | 2062026 | 20.16 | 39,000 | 786,240 | 14,661,320 | Form |
| 24 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 2042026 | 20.55 | 11,112 | 228,375 | 3,444,888 | Form |
| 25 | Parvizi, Josef | Josef Parvizi Trust | Sell | 1202026 | 22.94 | 25,000 | 573,500 | 17,151,137 | Form | |
| 26 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 1062026 | 21.18 | 11,112 | 235,382 | 3,544,220 | Form |
| 27 | Robertson, Rebecca B | Direct | Sell | 1062026 | 21.89 | 2,500 | 54,725 | 428,519 | Form | |
| 28 | Blumberg, Scott | Chief Financial Officer | Direct | Sell | 12292025 | 21.00 | 36,000 | 756,000 | 2,495,682 | Form |
| 29 | Parvizi, Josef | Josef Parvizi Trust | Sell | 12172025 | 21.49 | 25,000 | 537,250 | 16,604,291 | Form | |
| 30 | Burke, William W | Direct | Sell | 12112025 | 22.02 | 32,728 | 720,671 | 382,950 | Form | |
| 31 | Parvizi, Josef | Josef Parvizi Trust | Sell | 12102025 | 20.26 | 25,000 | 506,500 | 16,160,430 | Form | |
| 32 | Robertson, Rebecca B | Direct | Sell | 12102025 | 20.00 | 5,000 | 100,000 | 167,760 | Form | |
| 33 | Chao, Xingjuan | President and CEO | Direct | Sell | 12082025 | 18.82 | 25,000 | 470,500 | 15,020,901 | Form |
| 34 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 12052025 | 16.83 | 5,265 | 88,610 | 326,233 | Form |
| 35 | Robertson, Rebecca B | Direct | Sell | 12042025 | 16.67 | 827 | 13,786 | 139,828 | Form | |
| 36 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 12032025 | 12.28 | 11,112 | 136,455 | 2,059,405 | Form |
| 37 | Chao, Xingjuan | President and CEO | Direct | Sell | 12032025 | 16.59 | 25,000 | 414,750 | 13,241,060 | Form |
| 38 | Chao, Xingjuan | President and CEO | Direct | Sell | 11252025 | 15.13 | 50,000 | 756,500 | 12,075,783 | Form |
| 39 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 11132025 | 12.28 | 11,112 | 136,455 | 2,059,405 | Form |
| 40 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 10072025 | 12.54 | 11,112 | 139,344 | 2,103,008 | Form |
| 41 | Woo, Raymond | Chief Technology Officer | Direct | Sell | 9082025 | 12.11 | 11,112 | 134,566 | 2,030,895 | Form |
| 42 | Robertson, Rebecca B | Direct | Sell | 9052025 | 11.36 | 827 | 9,395 | 104,682 | Form | |
| 43 | Foehr, David | Senior VP, Finance and PAO | Direct | Sell | 8292025 | 11.71 | 866 | 10,141 | 237,128 | Form |
| 44 | Taylor, Joseph Michael | Direct | Sell | 8212025 | 11.76 | 7,032 | 82,696 | 696,604 | Form | |
| 45 | Chao, Xingjuan | President and CEO | Direct | Sell | 7092025 | 17.70 | 25,000 | 442,500 | 13,735,589 | Form |
| 46 | Robertson, Rebecca B | Direct | Sell | 6202025 | 17.85 | 11,188 | 199,706 | 179,250 | Form | |
| 47 | Robertson, Rebecca B | Direct | Sell | 6202025 | 17.63 | 7,445 | 131,255 | 374,285 | Form | |
| 48 | Robertson, Rebecca B | Direct | Sell | 6172025 | 17.14 | 20,000 | 342,800 | 491,490 | Form | |
| 49 | Chao, Xingjuan | President and CEO | Direct | Sell | 6052025 | 17.00 | 25,000 | 425,000 | 13,192,374 | Form |
Industry Resources
| Health Care Resources |
| U.S. National Library of Medicine |
| ClinicalTrials.gov |
| Modern Healthcare |
| Healthcare Dive |
| Fierce Healthcare |
| Health Affairs |
| Health Data Management |
| FDA Tracker |
| Life Sciences Tools & Services Resources |
| GenomeWeb |
| BioSpace |
| The Scientist |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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