Tearsheet

ClearPoint Neuro (CLPT)


Market Price (6/14/2026): $13.5 | Market Cap: $398.9 MilSector: Health Care | Industry: Life Sciences Tools & Services

ClearPoint Neuro (CLPT)


Market Price (6/14/2026): $13.5
Market Cap: $398.9 Mil
Sector: Health Care
Industry: Life Sciences Tools & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Targeted Therapies, Show more.

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -26 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -65%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 21%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -63%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -66%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -12%

High stock price volatility
Vol 12M is 101%

Key risks
CLPT key risks include [1] a heavy dependence on the regulatory and commercial success of its drug delivery partners' therapies, Show more.

0 Megatrend and thematic drivers
Megatrends include Biotechnology & Genomics, and Precision Medicine. Themes include Gene Editing & Therapy, Targeted Therapies, Show more.
1 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -26 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -65%
3 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 21%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -63%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -66%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -12%
6 High stock price volatility
Vol 12M is 101%
7 Key risks
CLPT key risks include [1] a heavy dependence on the regulatory and commercial success of its drug delivery partners' therapies, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/9/2026

ClearPoint Neuro (CLPT) stock has gained about 5% since 2/28/2026 because of the following key factors:

1. ClearPoint Neuro reported strong financial performance in its fiscal first quarter 2026 (Q1 2026), ending March 31, 2026, demonstrating significant revenue growth. The company achieved record Q1 2026 revenue of $12.1 million, representing a 43% increase year-over-year, with 16% total organic growth and 25% organic growth in its device segment. This growth was particularly driven by an 80% surge in neurosurgery navigation and therapy revenue to $5.9 million and a 177% increase in capital equipment and software revenue to $1.4 million. The gross margin also improved to 64% in Q1 2026, up from 60% in Q1 2025.

2. The company provided a robust revenue outlook for the full fiscal year 2026, signaling confidence in continued growth. ClearPoint Neuro reaffirmed its full-year 2026 revenue guidance to be between $52.0 million and $56.0 million. This outlook significantly surpasses the $37.0 million in revenue reported for fiscal year 2025.

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Stock Movement Drivers

Fundamental Drivers

The 6.9% change in CLPT stock from 2/28/2026 to 6/13/2026 was primarily driven by a 18.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)22820266132026Change
Stock Price ($)12.5713.446.9%
Change Contribution By: 
Total Revenues ($ Mil)344118.3%
P/S Multiple10.49.8-6.1%
Shares Outstanding (Mil)2830-3.8%
Cumulative Contribution6.9%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/13/2026
ReturnCorrelation
CLPT6.9% 
Market (SPY)8.4%48.4%
Sector (XLV)-3.6%36.8%

Fundamental Drivers

The -7.1% change in CLPT stock from 11/30/2025 to 6/13/2026 was primarily driven by a -18.3% change in the company's P/S Multiple.
(LTM values as of)113020256132026Change
Stock Price ($)14.4613.44-7.1%
Change Contribution By: 
Total Revenues ($ Mil)344118.3%
P/S Multiple12.09.8-18.3%
Shares Outstanding (Mil)2830-3.8%
Cumulative Contribution-7.1%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/13/2026
ReturnCorrelation
CLPT-7.1% 
Market (SPY)9.2%39.3%
Sector (XLV)-1.6%25.5%

Fundamental Drivers

The 13.8% change in CLPT stock from 5/31/2025 to 6/13/2026 was primarily driven by a 26.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120256132026Change
Stock Price ($)11.8113.4413.8%
Change Contribution By: 
Total Revenues ($ Mil)324126.0%
P/S Multiple10.29.8-3.7%
Shares Outstanding (Mil)2830-6.2%
Cumulative Contribution13.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/13/2026
ReturnCorrelation
CLPT13.8% 
Market (SPY)27.3%30.5%
Sector (XLV)18.0%19.1%

Fundamental Drivers

The 74.5% change in CLPT stock from 5/31/2023 to 6/13/2026 was primarily driven by a 93.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236132026Change
Stock Price ($)7.7013.4474.5%
Change Contribution By: 
Total Revenues ($ Mil)214193.8%
P/S Multiple9.09.88.2%
Shares Outstanding (Mil)2530-16.8%
Cumulative Contribution74.5%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/13/2026
ReturnCorrelation
CLPT74.5% 
Market (SPY)84.5%37.9%
Sector (XLV)26.5%28.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CLPT Return-29%-25%-20%127%-11%1%-13%
Peers Return6%-8%11%14%6%-22%3%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
CLPT Win Rate25%33%42%50%50%50% 
Peers Win Rate48%48%52%58%53%30% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
CLPT Max Drawdown-62%-53%-58%-33%-58%-45% 
Peers Max Drawdown-22%-29%-20%-14%-16%-33% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MDT, ZBH, SYK, ABT, BSX.
[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 6/12/2026 (YTD)

How Low Can It Go

EventCLPTS&P 500
2025 US Tariff Shock
  % Loss-41.3%-18.8%
  % Gain to Breakeven70.4%23.1%
  Time to Breakeven169 days79 days
2024 Yen Carry Trade Unwind
  % Loss-10.9%-7.8%
  % Gain to Breakeven12.3%8.5%
  Time to Breakeven1 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-31.6%-9.5%
  % Gain to Breakeven46.2%10.5%
  Time to Breakeven26 days24 days
2023 SVB Regional Banking Crisis
  % Loss-30.4%-6.7%
  % Gain to Breakeven43.6%7.1%
  Time to Breakeven403 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-38.9%-24.5%
  % Gain to Breakeven63.6%32.4%
  Time to Breakeven22 days427 days
2020 COVID-19 Crash
  % Loss-45.2%-33.7%
  % Gain to Breakeven82.4%50.9%
  Time to Breakeven170 days140 days

Compare to MDT, ZBH, SYK, ABT, BSX

In The Past

ClearPoint Neuro's stock fell -41.3% during the 2025 US Tariff Shock. Such a loss loss requires a 70.4% 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.

EventCLPTS&P 500
2025 US Tariff Shock
  % Loss-41.3%-18.8%
  % Gain to Breakeven70.4%23.1%
  Time to Breakeven169 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-31.6%-9.5%
  % Gain to Breakeven46.2%10.5%
  Time to Breakeven26 days24 days
2023 SVB Regional Banking Crisis
  % Loss-30.4%-6.7%
  % Gain to Breakeven43.6%7.1%
  Time to Breakeven403 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-38.9%-24.5%
  % Gain to Breakeven63.6%32.4%
  Time to Breakeven22 days427 days
2020 COVID-19 Crash
  % Loss-45.2%-33.7%
  % Gain to Breakeven82.4%50.9%
  Time to Breakeven170 days140 days

Compare to MDT, ZBH, SYK, ABT, BSX

In The Past

ClearPoint Neuro's stock fell -41.3% during the 2025 US Tariff Shock. Such a loss loss requires a 70.4% 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 ClearPoint Neuro (CLPT)

ClearPoint Neuro, Inc. operates as a medical device company primarily in the United States. The company develops and commercializes platforms for performing minimally invasive surgical procedures in the brain under direct, and intra-procedural magnetic resonance imaging (MRI) guidance. It offers ClearPoint system for the insertion of deep brain stimulation electrodes and biopsy needles, and the infusion of pharmaceuticals and laser catheters into the brain; and ClearPoint Neuro Navigation System, an MRI suite. It has license and collaboration agreements with Boston Scientific Corporation, The Johns Hopkins University, Clinical Laserthermia Systems Americas Inc, Koninklijke Philips N.V., Blackrock Neurotech, and University of California and San Francisco. The company was formerly known as MRI Interventions, Inc. and changed its name to ClearPoint Neuro, Inc. in February 2020. ClearPoint Neuro, Inc. was incorporated in 1998 and is headquartered in Solana Beach, California.

AI Analysis | Feedback

1. Imagine an Intuitive Surgical, but exclusively focused on performing minimally invasive brain surgery using real-time MRI guidance instead of robotics.

2. Think of it like a highly specialized Medtronic or Boston Scientific, providing MRI-guided navigation and precision tools specifically for accessing and treating the brain.

AI Analysis | Feedback

  • ClearPoint system: A platform designed for minimally invasive surgical procedures in the brain, including the insertion of deep brain stimulation electrodes, biopsy needles, and the infusion of pharmaceuticals and laser catheters, all under direct, intra-procedural MRI guidance.
  • ClearPoint Neuro Navigation System: A system specifically designed for use within an MRI suite to aid in surgical navigation.

AI Analysis | Feedback

ClearPoint Neuro (CLPT) primarily sells its advanced medical devices and navigation systems to hospitals, academic medical centers, and surgical centers, which are institutional customers. While these institutions are the primary end-users of its core products, the company also engages in significant business-to-business relationships through licensing and collaboration agreements.

Based on the information provided regarding its license and collaboration agreements, the following public companies are identified as major customers for ClearPoint Neuro's technology, intellectual property, or specialized components/services:

  • Boston Scientific Corporation (BSX)
  • Koninklijke Philips N.V. (PHG)

These collaborations suggest a relationship where ClearPoint Neuro provides its proprietary technology, intellectual property, or specialized products and services to these larger medical device and technology companies, generating revenue for CLPT.

AI Analysis | Feedback

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Joseph M. Burnett

Chief Executive Officer and President

Joseph M. Burnett joined ClearPoint Neuro as President and Chief Executive Officer and became a member of its Board of Directors in November 2017. Prior to ClearPoint Neuro, Mr. Burnett served as Vice President and General Manager of Neuro Diagnostics and Therapy at Philips from March 2016. He was also the Senior Vice President and Business Leader of Image Guided Therapy Devices at Philips and General Manager of Volcano Corporation (a Philips company) from February 2015 to March 2016. Before joining Philips, Mr. Burnett held various positions at Volcano Corporation from November 2004 to February 2015, including Executive Vice President and General Manager of its Coronary & Systems Business Unit. He also worked as an R&D Engineer and Product Manager at Guidant Corporation from August 1999 to November 2004.

Danilo D'Alessandro

Chief Financial Officer and Principal Accounting Officer

Danilo D'Alessandro joined ClearPoint Neuro as Vice President of Finance in September 2020 and assumed the CFO position on January 1, 2021. He has an extensive background in global corporate finance, financial planning, growth, and mergers & acquisitions (M&A). Before joining ClearPoint Neuro, from April 2015, Mr. D'Alessandro served as the global Head of Finance for the Image Guided Therapy Devices Division at Royal Philips, a business unit representing cumulative inorganic investments of approximately $4 billion. He also held a variety of senior roles at Philips in Finance and M&A in both the United States and the Netherlands.

Jeremy L. Stigall

Chief Business Officer

Jeremy L. Stigall joined ClearPoint Neuro in July 2020 as Vice President, Biologics and Drug Delivery. He became Executive Vice President and General Manager of Biologics & Drug Delivery in December 2022 and then Chief Business Officer in February 2024. Mr. Stigall brings over 20 years of experience in the medical device industry, having started his career at Guidant Corporation and Abbott Vascular in various R&D, Engineering, and Operations positions. He was responsible for the development and commercialization of several key stent delivery systems and drug-eluting stent platforms.

Mazin Sabra

Chief Operating Officer

Mazin Sabra is the Chief Operating Officer at ClearPoint Neuro. He previously served as Vice President of Supplier Quality Engineering for Philips, a multinational health technology company, since April 2021. In this role at Philips, Mr. Sabra led a global team responsible for the quality performance of suppliers for Royal Philips' products, which ranged from Class III medical devices to consumer products. He was also responsible for business procurement strategy, supply risk management, profitability, and growth.

AI Analysis | Feedback

The key risks for ClearPoint Neuro (CLPT) include:
  1. Dependency on Biopharma Partner Success and Commercialization of Gene/Cell Therapies: ClearPoint Neuro's long-term growth, particularly in its biologics and drug delivery segment, is heavily reliant on the successful development, regulatory approval, and commercialization of therapies by its biopharma partners. The pace of gene and cell therapy commercialization, and the success of these partners' clinical trials, directly impact ClearPoint Neuro's revenue trajectory.
  2. Profitability and Cash Burn: The company is currently operating at a significant loss, with negative operating and net margins, and has experienced negative free cash flow. While ClearPoint Neuro maintains a cash balance, its ability to achieve consistent profitability and manage its cash burn effectively is a critical financial risk.
  3. Reimbursement and Regulatory Challenges: ClearPoint Neuro faces challenges related to reimbursement for its procedures, as many are billed under fixed Medicare Part A DRG payments, lacking device-specific reimbursement. Securing new CPT codes or therapy-linked reimbursement frameworks for future commercial drug procedures can be complex and time-consuming. Additionally, FDA review timelines for new products or software modules can delay market entry, and the medical device industry is inherently subject to various regulatory hurdles. Integration challenges from acquisitions, such as IRRAS, also pose risks to anticipated performance.

AI Analysis | Feedback

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AI Analysis | Feedback

ClearPoint Neuro, Inc. (CLPT) operates in several addressable markets related to neurosurgery and advanced brain therapies. The addressable market sizes for its main products and services are as follows: * **Biologics and Drug Delivery / Cell and Gene Therapy Delivery:** The convergence of gene therapy commercialization, precision medicine, and minimally invasive neurosurgery creates a potential addressable market of over $1 billion for ClearPoint Neuro's integrated platform. More broadly, the image-guided drug delivery market, in which ClearPoint Neuro is a key player, is projected to reach $983 million by 2035 globally, with significant growth in North America, Europe, and Asia-Pacific. ClearPoint Neuro's existing four pillars of growth, including biologics and drug delivery, provide access to an existing total market valued at more than $0.5 billion. * **Neurosurgery Navigation and Laser Therapy:** * The company's existing four pillars of growth, which include neurosurgery navigation and laser therapy, provide access to a total market valued at more than $0.5 billion. * ClearPoint Neuro's PRISM Laser Therapy System, with its expanded FDA clearance for 1.5T MRI compatibility, has opened up approximately 50% of the additional neuro-LITT (laser interstitial thermal therapy) market in the United States. * The global deep brain stimulation (DBS) devices market, relevant for ClearPoint's system for electrode insertion, was valued at $704.489 billion in 2024 and is expected to reach $1353.81 billion by 2032. North America accounted for the largest revenue share (42.0%) of the global DBS market in 2024. Another estimate places the global DBS devices market at $1.61 billion in 2025, projected to grow to approximately $4.26 billion by 2035, with North America holding about 52% of the market in 2025. * **Neurocritical Care:** Following the acquisition of IRRAS in November 2025, ClearPoint Neuro gained immediate access to an addressable market of $500 million in neurocritical care. This market specifically targets the treatment of intracranial bleeding, with an estimated 400,000 procedures performed in the U.S. each year. * **Focused Ultrasound:** While ClearPoint Neuro's direct involvement in focused ultrasound is through its navigation system potentially guiding such procedures, the global high-intensity focused ultrasound (HIFU) market size was valued at $1.42 billion in 2025 and is projected to grow to $2.68 billion by 2034. North America is the largest market for HIFU, and neurological disorder applications constitute approximately 14% of this market.

AI Analysis | Feedback

ClearPoint Neuro (CLPT) is positioned for future revenue growth over the next 2-3 years, driven by several key initiatives:

  1. Expansion of Biologics and Drug Delivery Partnerships: ClearPoint Neuro anticipates significant growth from its biologics and drug delivery segment, which includes sales of disposable products and services related to customer-sponsored preclinical and clinical trials. The company's drug delivery platform has shown strong validation through positive clinical data from partners, such as uniQure's Huntington's therapy, which is expected to lead to improved deal economics and an "inflection point" in biopharma revenue as programs for indications like Parkinson's and epilepsy potentially commercialize. Furthermore, the operational launch of ClearPoint Advanced Laboratories, a new preclinical Contract Research Organization (CRO) facility, is expected to increase capacity and enable higher-value GLP (Good Laboratory Practice) studies, thereby contributing to this revenue stream.
  2. Strategic Acquisition and Integration of IRRAS: The recent acquisition of IRRAS Holdings, Inc., is a crucial driver, projected to create a new market opportunity in neuro drug delivery and enhance ClearPoint Neuro's operational capabilities through an expanded sales team. This acquisition provides immediate market access to a substantial segment through the IRRAflow catheter, with ClearPoint Neuro forecasting that the integration of the IRRAflow product line will contribute to its projected revenue of $54-$60 million by 2026.
  3. Advancements in Neurosurgery Navigation and Therapy Products: Growth in the neurosurgery navigation and therapy segment is expected, primarily propelled by increased adoption and sales of the ClearPoint PRISM Laser Therapy System and the introduction of new navigation software. The recent FDA 510(k) clearance expanding the PRISM Laser Therapy System's compatibility with 1.5T MRI guidance, in addition to its existing 3T MRI clearance, significantly broadens its market reach by opening up over 50% of the existing neuro laser interstitial thermal therapy (LITT) market. Expected CE Mark approval in Europe for PRISM 1.5T in the second half of 2026 will further extend its market presence.
  4. Expansion of Installed Base and Global Commercial Footprint: ClearPoint Neuro is focused on expanding its installed base of capital equipment and software, which includes the ClearPoint Neuro Navigation System and PRISM laser units. The company is also actively working to activate new global centers and secure expanded international regulatory approvals in regions such as Canada, Hong Kong, and Taiwan. This strategic global expansion is intended to broaden its commercial reach, support a growing number of cell and gene therapy trials, and prepare for eventual commercialization on a wider scale.
  5. Development and Introduction of New Product Innovations: ClearPoint Neuro is investing in research and development to bring new innovations to market, such as its prototype Robotic Neuro-Navigation System. This system is being designed to enable the ClearPoint Neuro Navigation software to control robotic arms for various minimally invasive cranial surgical procedures, including cell and gene therapy infusions, laser catheter placement, and deep brain stimulation. Such new product launches are anticipated to be significant catalysts for future revenue growth, broadening the company's product portfolio and addressing unmet needs in neurological care.

AI Analysis | Feedback

Share Issuance

  • ClearPoint Neuro issued 1,325,000 shares of its common stock as part of the closing consideration for the acquisition of IRRAS Holdings, Inc. on November 6, 2025.
  • On May 12, 2025, the company completed a registered direct offering, selling 275,808 shares at $12.69 each, raising approximately $3.5 million.
  • In August 2025, ClearPoint Neuro entered into a stock purchase agreement with Oberland Capital Management for an additional $3.5 million in gross proceeds from the purchase of its common stock.

Inbound Investments

  • ClearPoint Neuro entered into a note financing arrangement with Oberland Capital Management for up to $105.0 million, with $30.0 million of gross proceeds funded at closing on August 12, 2025.
  • On November 5, 2025, the company arranged access to an additional $20.0 million under its existing note agreement with Oberland Capital, contingent on the IRRAS acquisition closing.

Outbound Investments

  • ClearPoint Neuro completed the acquisition of IRRAS Holdings, Inc. on November 6, 2025, for $5.0 million in cash and 1,325,000 shares of its common stock, with potential future earnout payments.

Capital Expenditures

  • Capital expenditures for the last 12 months (as of early March 2026) were reported as -$736,000.
  • The company's capital expenditures for the year 2024 were $275,000.
  • Proceeds from a May 2025 stock offering were intended for general corporate purposes, which included capital expenditures.

Better Bets vs. ClearPoint Neuro (CLPT)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CLPTMDTZBHSYKABTBSXMedian
NameClearPoi.MedtronicZimmer B.Stryker Abbott L.Boston S. 
Mkt Price13.4480.2088.57312.2088.1846.9184.19
Mkt Cap0.4102.917.3119.5153.769.786.3
Rev LTM4135,4838,40925,27045,13420,61522,942
Op Inc LTM-266,6111,4125,1237,7054,1064,614
FCF LTM-275,4101,3684,5717,3783,2983,934
FCF 3Y Avg-175,2691,2623,6696,3192,5253,097
CFO LTM-267,2851,6745,3759,4644,3414,858
CFO 3Y Avg-167,0161,6104,3788,5193,5433,960

Growth & Margins

CLPTMDTZBHSYKABTBSXMedian
NameClearPoi.MedtronicZimmer B.Stryker Abbott L.Boston S. 
Rev Chg LTM26.0%6.9%9.2%8.8%6.6%17.4%9.0%
Rev Chg 3Y Avg24.7%4.9%5.8%10.1%2.9%16.5%7.9%
Rev Chg Q42.9%8.7%9.3%2.6%7.8%11.6%9.0%
QoQ Delta Rev Chg LTM9.9%2.1%2.2%0.6%1.8%2.7%2.1%
Op Inc Chg LTM-22.1%11.1%-4.3%12.3%8.0%26.6%9.6%
Op Inc Chg 3Y Avg-13.6%5.3%2.5%15.0%3.9%24.4%4.6%
Op Mgn LTM-65.2%18.6%16.8%20.3%17.1%19.9%17.9%
Op Mgn 3Y Avg-70.8%18.5%18.6%19.9%16.6%18.5%18.5%
QoQ Delta Op Mgn LTM0.2%-0.7%0.3%0.1%-1.1%0.1%0.1%
CFO/Rev LTM-63.3%20.5%19.9%21.3%21.0%21.1%20.7%
CFO/Rev 3Y Avg-47.9%20.8%20.5%18.8%19.9%19.9%19.9%
FCF/Rev LTM-65.8%15.2%16.3%18.1%16.3%16.0%16.1%
FCF/Rev 3Y Avg-50.3%15.7%16.0%15.7%14.8%14.0%15.2%

Valuation

CLPTMDTZBHSYKABTBSXMedian
NameClearPoi.MedtronicZimmer B.Stryker Abbott L.Boston S. 
Mkt Cap0.4102.917.3119.5153.769.786.3
P/S9.82.92.14.73.43.43.4
P/Op Inc-15.015.612.223.319.917.016.3
P/EBIT-15.816.414.422.817.717.016.7
P/E-13.722.322.735.824.519.522.5
P/CFO-15.414.110.322.216.216.015.1
Total Yield-7.3%8.0%5.5%3.9%6.8%5.1%5.3%
Dividend Yield0.0%3.5%1.1%1.1%2.7%0.0%1.1%
FCF Yield 3Y Avg-7.0%4.7%5.9%2.7%3.2%2.3%3.0%
D/E0.20.30.40.10.20.20.2
Net D/E0.10.20.40.10.20.10.2

Returns

CLPTMDTZBHSYKABTBSXMedian
NameClearPoi.MedtronicZimmer B.Stryker Abbott L.Boston S. 
1M Rtn5.2%4.2%7.2%2.2%3.9%-12.4%4.0%
3M Rtn24.6%-7.2%-4.7%-7.0%-17.9%-32.1%-7.1%
6M Rtn5.7%-18.4%-2.8%-11.4%-28.9%-49.3%-14.9%
12M Rtn16.5%-5.2%-2.0%-16.5%-33.7%-53.0%-10.8%
3Y Rtn91.5%0.6%-35.9%9.5%-9.3%-12.0%-4.4%
1M Excs Rtn10.4%5.4%7.2%3.5%5.4%-11.4%5.4%
3M Excs Rtn12.5%-19.3%-16.8%-19.1%-29.9%-44.2%-19.2%
6M Excs Rtn-5.4%-27.1%-12.3%-19.2%-35.1%-57.3%-23.1%
12M Excs Rtn-18.8%-29.4%-28.4%-40.7%-56.9%-76.2%-35.1%
3Y Excs Rtn19.2%-67.5%-105.8%-58.5%-82.0%-81.6%-74.5%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Disposable products2216   
Services and license fees1212   
Systems and software products23   
Services11   
Biologics and drug delivery revenue  1497
Capital equipment and software revenue  221
Neurosurgery navigation and therapy  998
Total3731242116


Price Behavior

Price Behavior
Market Price$13.44 
Market Cap ($ Bil)0.4 
First Trading Date05/21/2012 
Distance from 52W High-54.6% 
   50 Days200 Days
DMA Price$11.53$14.27
DMA Trendupup
Distance from DMA16.6%-5.8%
 3M1YR
Volatility82.0%101.3%
Downside Capture394.42274.19
Upside Capture316.47219.36
Correlation (SPY)54.6%30.2%
CLPT Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta3.774.103.122.732.592.14
Up Beta2.523.143.783.273.712.25
Down Beta5.132.420.640.691.962.03
Up Capture358%460%354%381%365%1407%
Bmk +ve Days13283667141432
Stock +ve Days12243463120354
Down Capture454%677%332%259%185%113%
Bmk -ve Days7132757109318
Stock -ve Days8172960125384

[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 CLPT
CLPT0.1%101.3%0.42-
Sector ETF (XLV)15.4%15.0%0.7419.0%
Equity (SPY)24.9%12.3%1.5230.2%
Gold (GLD)25.5%27.4%0.8114.8%
Commodities (DBC)30.1%19.0%1.25-5.8%
Real Estate (VNQ)13.5%13.5%0.6910.1%
Bitcoin (BTCUSD)-41.7%42.2%-1.1623.0%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CLPT
CLPT-7.7%77.8%0.22-
Sector ETF (XLV)6.4%14.8%0.2532.7%
Equity (SPY)13.5%17.1%0.6141.4%
Gold (GLD)16.8%18.2%0.7513.1%
Commodities (DBC)8.4%19.4%0.336.6%
Real Estate (VNQ)2.8%18.8%0.0528.2%
Bitcoin (BTCUSD)13.6%54.4%0.4425.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CLPT
CLPT16.1%78.0%0.61-
Sector ETF (XLV)9.7%16.6%0.4727.5%
Equity (SPY)15.3%17.9%0.7334.4%
Gold (GLD)12.5%16.1%0.649.2%
Commodities (DBC)6.7%18.0%0.298.6%
Real Estate (VNQ)5.7%20.7%0.2424.5%
Bitcoin (BTCUSD)60.3%66.8%1.0019.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity4.7 Mil
Short Interest: % Change Since 51520265.6%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest8.1 days
Basic Shares Quantity29.5 Mil
Short % of Basic Shares16.0%

Earnings Returns History

Updated 6/14/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/13/20264.8%-8.1%10.3%
3/17/2026-13.9%-15.6%-5.9%
1/12/20264.9%-1.8%-8.9%
11/6/2025-13.3%-15.0%-26.3%
8/12/202513.1%-0.8%5.2%
5/13/2025-12.5%-9.9%-14.9%
2/26/2025-17.5%-17.7%-27.9%
11/7/2024-13.2%-16.2%9.2%
...
SUMMARY STATS   
# Positive141414
# Negative141414
Median Positive7.0%8.1%12.8%
Median Negative-12.8%-10.5%-11.9%
Max Positive40.7%52.6%84.6%
Max Negative-17.7%-21.7%-30.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/13/202610-Q
12/31/202503/17/202610-K
09/30/202511/06/202510-Q
06/30/202508/12/202510-Q
03/31/202505/13/202510-Q
12/31/202402/26/202510-K
09/30/202411/07/202410-Q
06/30/202408/07/202410-Q
03/31/202405/07/202410-Q
12/31/202303/12/202410-K
09/30/202311/09/202310-Q
06/30/202308/08/202310-Q
03/31/202305/11/202310-Q
12/31/202203/01/202310-K
09/30/202211/08/202210-Q
06/30/202208/10/202210-Q

Recent Forward Guidance

Updated 5/31/2026

Latest: Q1 2026 Earnings Reported 5/13/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue52.00 Mil54.00 Mil56.00 Mil0 AffirmedGuidance: 54.00 Mil for 2026

Prior: Q4 2025 Earnings Reported 3/17/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue52.00 Mil54.00 Mil56.00 Mil-5.3% LoweredGuidance: 57.00 Mil for 2026

Insider Activity

Updated 6/8/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Richards, Timothy T DirectSell602202612.175,41565,9011,061,200Form
2Klein, Matthew B DirectSell526202611.5916,000185,440543,977Form
3Fallon, Lynnette C DirectSell521202611.145,09156,714537,249Form
4Burnett, JosephCEO and PresidentSee FootnoteSell226202615.1719,951302,6572,931,314Form
5Burnett, JosephCEO and PresidentSee FootnoteSell127202615.572,94345,8233,333,786Form
Core Cache Last Updated: 6/13/2026