Hyperfine (HYPR)
Market Price (11/6/2026): $0.68 | Market Cap: $72.1 MilSector: Health Care | Industry: Life Sciences Tools & Services
Hyperfine (HYPR)
Market Price (11/6/2026): $0.68Market Cap: $72.1 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 -44% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 53% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40% Megatrend and thematic driversMegatrends include Biotechnology & Genomics, Precision Medicine, and Digital Health & Telemedicine. Themes include Advanced Diagnostics, Show more. | Weak multi-year price returns2Y Excs Rtn is -65%, 3Y Excs Rtn is -129% | Penny stockMkt Price is 0.7 Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -34 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -203% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 17% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -164%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -166% 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 -55% Key risksHYPR key risks include [1] its ongoing unprofitability and significant cash burn, 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 -44% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 53% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -40% |
| Megatrend and thematic driversMegatrends include Biotechnology & Genomics, Precision Medicine, and Digital Health & Telemedicine. Themes include Advanced Diagnostics, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -65%, 3Y Excs Rtn is -129% |
| Penny stockMkt Price is 0.7 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -34 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -203% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -164%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -166% |
| 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 -55% |
| Key risksHYPR key risks include [1] its ongoing unprofitability and significant cash burn, Show more. |
Qualitative Assessment
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Hyperfine (HYPR) stock has lost about 25% since 7/31/2026 because of the following key factors:
1. Q2 2026 Revenue Miss and Persistent Unprofitability.
Hyperfine reported its fiscal Q2 2026 earnings on August 6, 2026, with revenue of $3.90 million, falling short of the consensus estimate of $4.13 million. Despite meeting EPS expectations at -$0.09, the company continued to demonstrate significant unprofitability, marked by a negative net margin of 210.75% and a negative return on equity of 97.88% for the quarter ending June 30, 2026. This financial performance likely contributed to investor concerns regarding the company's path to profitability.
2. Analyst Price Target Reduction.
On August 10, 2026, B. Riley Financial, a research firm, lowered its price target for Hyperfine from $2.00 to $1.60, while reiterating a "buy" rating. This adjustment by an analyst can indicate a revised, less optimistic outlook on the stock's future valuation and growth potential, thereby placing downward pressure on the share price.
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Hyperfine (HYPR) stock has lost about 25% since 7/31/2026 because of the following key factors:
1. Q2 2026 Revenue Miss and Persistent Unprofitability.
Hyperfine reported its fiscal Q2 2026 earnings on August 6, 2026, with revenue of $3.90 million, falling short of the consensus estimate of $4.13 million. Despite meeting EPS expectations at -$0.09, the company continued to demonstrate significant unprofitability, marked by a negative net margin of 210.75% and a negative return on equity of 97.88% for the quarter ending June 30, 2026. This financial performance likely contributed to investor concerns regarding the company's path to profitability.
2. Analyst Price Target Reduction.
On August 10, 2026, B. Riley Financial, a research firm, lowered its price target for Hyperfine from $2.00 to $1.60, while reiterating a "buy" rating. This adjustment by an analyst can indicate a revised, less optimistic outlook on the stock's future valuation and growth potential, thereby placing downward pressure on the share price.
3. Bearish Market Sentiment Despite Operational Progress.
Despite several positive operational announcements during the period, including FDA clearance for its Optive AI™ software around August 26, 2026, CE mark and UKCA approval for its latest Optive AI software update in Europe on October 22, 2026, and preliminary fiscal Q3 2026 revenue of approximately $6.0 million which exceeded analyst estimates, Hyperfine's stock has trended downwards. The stock has been trading near its 52-week low of $0.70, reflecting a prevailing bearish sentiment and potential concerns among investors regarding the company's valuation in the broader market, even with some positive operational news.
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Stock Movement Drivers
Fundamental Drivers
The -26.8% change in HYPR stock from 7/31/2026 to 11/5/2026 was primarily driven by a -30.6% change in the company's P/S Multiple.| (LTM values as of) | 7312026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.94 | 0.69 | -26.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 15 | 17 | 7.9% |
| P/S Multiple | 6.0 | 4.1 | -30.6% |
| Shares Outstanding (Mil) | 98 | 100 | -2.1% |
| Cumulative Contribution | -26.8% |
Market Drivers
7/31/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| HYPR | -26.8% | |
| Market (SPY) | -1.9% | 44.5% |
| Sector (XLV) | 13.8% | 2.9% |
Fundamental Drivers
The -58.7% change in HYPR stock from 4/30/2026 to 11/5/2026 was primarily driven by a -64.2% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.66 | 0.69 | -58.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14 | 17 | 21.9% |
| P/S Multiple | 11.5 | 4.1 | -64.2% |
| Shares Outstanding (Mil) | 94 | 100 | -5.5% |
| Cumulative Contribution | -58.7% |
Market Drivers
4/30/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| HYPR | -58.7% | |
| Market (SPY) | 2.3% | 38.2% |
| Sector (XLV) | 27.2% | -10.1% |
Fundamental Drivers
The -38.8% change in HYPR stock from 10/31/2025 to 11/5/2026 was primarily driven by a -48.9% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.12 | 0.69 | -38.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 11 | 17 | 53.2% |
| P/S Multiple | 8.1 | 4.1 | -48.9% |
| Shares Outstanding (Mil) | 78 | 100 | -21.8% |
| Cumulative Contribution | -38.8% |
Market Drivers
10/31/2025 to 11/5/2026| Return | Correlation | |
|---|---|---|
| HYPR | -38.8% | |
| Market (SPY) | 8.4% | 38.3% |
| Sector (XLV) | 29.8% | -1.1% |
Fundamental Drivers
The -45.2% change in HYPR stock from 10/31/2023 to 11/5/2026 was primarily driven by a -54.5% change in the company's P/S Multiple.| (LTM values as of) | 10312023 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.25 | 0.69 | -45.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 10 | 17 | 69.0% |
| P/S Multiple | 9.1 | 4.1 | -54.5% |
| Shares Outstanding (Mil) | 71 | 100 | -28.7% |
| Cumulative Contribution | -45.2% |
Market Drivers
10/31/2023 to 11/5/2026| Return | Correlation | |
|---|---|---|
| HYPR | -45.2% | |
| Market (SPY) | 81.3% | 26.3% |
| Sector (XLV) | 55.5% | 8.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HYPR Return | -28% | -88% | 33% | -21% | 11% | -30% | -93% |
| Peers Return | 4% | -15% | -8% | -24% | 55% | -9% | -12% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| HYPR Win Rate | 42% | 25% | 50% | 50% | 50% | 27% | |
| Peers Win Rate | 56% | 53% | 47% | 42% | 56% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| HYPR Max Drawdown | - | -90% | -68% | -37% | -68% | -63% | |
| Peers Max Drawdown | -33% | -44% | -52% | -42% | -36% | -44% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: A, ATEC, CERS, COCH, FRNM.
[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 11/5/2026 (YTD)
How Low Can It Go
| Event | HYPR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -52.2% | -18.8% |
| % Gain to Breakeven | 109.3% | 23.1% |
| Time to Breakeven | 62 days | 79 days |
In The Past
Hyperfine's stock fell -52.2% during the 2025 US Tariff Shock. Such a loss loss requires a 109.3% gain to breakeven.
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| Event | HYPR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -52.2% | -18.8% |
| % Gain to Breakeven | 109.3% | 23.1% |
| Time to Breakeven | 62 days | 79 days |
In The Past
Hyperfine's stock fell -52.2% during the 2025 US Tariff Shock. Such a loss loss requires a 109.3% 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 Hyperfine (HYPR)
Hyperfine, Inc. (HYPR) is a medical technology company that develops and provides innovative imaging and monitoring products, primarily focusing on magnetic resonance imaging (MRI). The company's flagship offering is the Swoop Portable MR imaging system. This system represents a significant advancement by making MRI technology mobile and accessible, aiming to address the limitations of traditional, fixed MRI machines.
The Swoop Portable MR system combines specialized hardware with integrated software services to deliver magnetic resonance imaging capabilities directly at the point of care. This portability and convenience address a critical unmet need in medical diagnostics, allowing healthcare providers, hospitals, and clinics to perform MRI scans at a patient's bedside or in various clinical settings, ultimately enhancing access to crucial diagnostic information and improving patient management.
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Here are a few brief analogies for Hyperfine:
- Square for portable MRI machines
- Abbott for point-of-care MRI diagnostics
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- Swoop Portable MR Imaging System: This system provides point-of-care medical imaging through a combination of hardware and software services.
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Amazon.com, Inc. (Symbol: AMZN)
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Maria Sainz, President and Chief Executive Officer
Maria Sainz possesses over 30 years of experience in commercial and leadership roles within the medical technology industry. Prior to joining Hyperfine, she served as President and CEO of AEGEA Medical, a women's health technology company acquired by CooperSurgical in 2021. She also held the position of President and CEO at Cardiokinetix and Concentric Medical, Inc., which was acquired by Stryker in 2011. Sainz also serves on the Boards of Directors for ShockWave Medical, Inc., Avanos Medical, Inc., and Atrion Corporation.
Brett Hale, Chief Administrative Officer and Chief Financial Officer
Brett Hale brings over 25 years of financial and administrative leadership experience, with more than two decades in the medical technology sector. His previous roles include CFO at Bigfoot Biomedical, Inc., Cardiokinetix Inc., and Concentric Medical, Inc. He oversaw Concentric Medical, Inc. through its acquisition by Stryker Corp. in 2011. Hale also held various financial positions at Emphasys Medical and Guidant Corporation and was an Assurance Manager at PricewaterhouseCoopers.
Tom Teisseyre, PhD, Chief Operating Officer
Tom Teisseyre, PhD, was promoted to Chief Operating Officer in July 2023, having previously served as Hyperfine's Chief Product Officer since June 2021. His extensive background includes serving as head of Surgical and Implantable Devices and being a founding member of Verily Life Science, formerly Google Life Sciences. He has held senior positions at Google, Abbott Medical Optics, Proximie, and OptiMedica, demonstrating expertise in medical devices, medtech, and imaging. Dr. Teisseyre holds patents and has published works in medical imaging, medical image processing, intraoperative imaging, surgical technology, and surgical workflow optimization.
Rob Fasciano, PhD, Chief Regulatory and Quality Officer
Rob Fasciano, PhD, has over 25 years of experience in the medical device and diagnostic industry. He has held leadership roles in R&D, Quality, and Regulatory Affairs at companies such as Abiomed, Johnson & Johnson, Orchestra BioMed, and Impulse Dynamics.
Edmond Knopp, MD, Chief Medical Officer
Edmond Knopp, MD, serves as the Chief Medical Officer at Hyperfine.
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Here are the key risks to Hyperfine (HYPR):
- Significant Cash Burn, Unprofitability, and Dilution Risk: Hyperfine is currently unprofitable and is not projected to achieve profitability within the next three years. The company has a substantial cash burn rate; for example, in the past year, it burned through $36 million against a market capitalization of $48 million, which is 76% of its market value. This significant cash consumption results in a short cash runway, estimated at approximately 11 months as of March 2025, necessitating a reduction in cash burn or replenishment of cash reserves. This heavy cash burn makes the company reliant on capital markets for funding, posing a significant risk of extreme shareholder dilution. Furthermore, Hyperfine's Altman Z-Score of -2.1 indicates it is in a distress zone, suggesting a potential risk of bankruptcy within the next two years.
- Market Acceptance and Intense Competition: Hyperfine faces substantial challenges in achieving widespread market acceptance for its Swoop Portable MR imaging system. Sustained growth is vulnerable to delays, competitive innovation, and setbacks in technological integration and payer acceptance. The company operates in a highly competitive medical device industry against multi-billion dollar competitors like Siemens Healthineers and GE HealthCare, which possess dominant market share, massive scale, and established profitability. Hyperfine's ability to prove the clinical utility and diagnostic accuracy of its low-field system over existing imaging alternatives is crucial for broad adoption, requiring extensive clinical data, publications, and robust sales and marketing efforts where it is at a severe disadvantage.
- Regulatory Hurdles and Technological Integration/Development Risks: As a medical device company, Hyperfine's success is dependent on its ability to obtain and maintain regulatory clearances and approvals for its products. The company's growth expectations can be impacted by regulatory headwinds and delays in technological integration. Furthermore, the ongoing need for product development and commercialization activities, including investments in research and development, and the ability to identify and acquire additional technology, represent continuous risks in a rapidly evolving healthcare industry.
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The addressable markets for Hyperfine, Inc.'s main product, the Swoop Portable MR imaging system, encompass the global portable MRI market and the broader global point-of-care medical imaging market.
Global Portable MRI Market
The global portable MRI market was valued at approximately USD 2.98 billion in 2024 and is projected to reach around USD 5.59 billion by 2034, exhibiting a compound annual growth rate (CAGR) of about 6.49% from 2025 to 2034. Other estimates suggest the global portable MRI market was valued at USD 1.25 billion in 2024 and is projected to reach approximately USD 3.02 billion by 2030, with a CAGR of 15.8%. Another report indicates a market size of USD 4.34 billion in 2025, expected to grow to approximately USD 7.35 billion by 2035, with a CAGR of 5.41% from 2026 to 2035.
U.S. Portable MRI Market
The U.S. portable MRI market, specifically for mobile MRI services, was estimated at USD 3.67 billion in 2024 and is projected to grow at a CAGR of 3.52% from 2025 to 2030. Another projection shows the U.S. mobile MRI services market size at USD 3.99 billion in 2025, estimated to reach around USD 5.67 billion by 2035, growing at a CAGR of 3.58% from 2026 to 2035.
Global Point-of-Care Medical Imaging Market
The global point-of-care medical imaging market was valued at USD 1.21 billion in 2022 and is anticipated to increase at a CAGR of 4.3% from 2023 to 2030. More recently, the global point-of-care medical imaging market size was calculated at USD 1.39 billion in 2025 and is predicted to increase to approximately USD 2.16 billion by 2035, expanding at a CAGR of 4.51% from 2026 to 2035.
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Hyperfine (Nasdaq: HYPR) is poised for future revenue growth over the next two to three years, driven by several strategic initiatives and market expansions:
- Commercialization of Next-Generation Swoop System and Optive AI Software: Hyperfine has launched its next-generation Swoop system, powered by its Optive AI™ software, which is expected to drive broad adoption across various healthcare settings. This new software has also been rolled out to the existing installed base of Swoop scanners in the United States, Canada, the United Kingdom, Australia, and New Zealand, providing a significant upgrade and potential for increased utilization.
- Expansion into the Neurology Office Market: The company has initiated a full-scale commercial launch of its Swoop system within the neurology office setting. This expansion aims to unlock new revenue opportunities by addressing an unmet need in this specific market segment.
- International Market Penetration: Hyperfine is actively pursuing global expansion for its Swoop system. The receipt of CE Mark and UKCA Mark approvals for its Optive AI™ software facilitates its commercial rollout in key international markets, contributing to overall revenue growth.
- Growing Clinical Adoption and New Use Cases: Increased clinical adoption and the demonstration of new use cases, such as enhanced stroke detection capabilities, position the Swoop system for outsized revenue growth. This addresses the unmet need for point-of-care medical imaging and is supported by the publication of clinical data.
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Share Issuance
- Hyperfine issued shares in a registered direct offering on February 11, 2025, selling 4,511,278 shares of Class A common stock and warrants, resulting in gross proceeds of approximately $6.0 million.
- The proceeds from the February 2025 offering are intended for working capital and general corporate purposes, including commercial, manufacturing, and research and development activities.
- The number of shares outstanding for Hyperfine has increased from 0.004 billion in Q4 2021 to 0.079 billion in Q3 2025, indicating shareholder dilution over this period.
Inbound Investments
- Hyperfine reported preliminary, unaudited net financing proceeds of approximately $19.3 million for the fourth quarter of 2025 and approximately $27.3 million for the full year ended December 31, 2025.
Capital Expenditures
- Capital expenditures in Q3 2025 totaled $0.13 million, representing a 75% decrease from the prior quarter.
- In the fiscal year 2025, capital expenditures consumed most of the company's operating cash flow, contributing to a -$39.1 million free cash flow, reflecting heavy capital investment.
- The capital expenditures fund long-term assets and infrastructure.
Peer Outperformance in Life Sciences Tools & Services
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| HYPR | Hyperfine | 21.9% | -2.0x | -39.3% | -48.5% | -93.1% | — |
| AXGN | Axogen | 20.6% | -84.2x | 108.5% | 1140.5% | 254.8% | +348pp |
| CDNA | CareDx | 19.6% | 30.9x | 361.8% | 1077.9% | 62.3% | +155pp |
| WAT | Waters | 18.2% | 267.8x | 21.8% | 79.7% | 32.1% | +125pp |
| IRTC | iRhythm | 22.3% | -307.1x | -27.9% | 60.8% | 24.0% | +117pp |
| ADPT | Adaptive Biotechnologies | 19.7% | -61.0x | 52.5% | 459.0% | -27.1% | +66pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Health Care Distributors | 6 | 7.6% | 56.6% | 93.6% | CAH 498% · MCK 396% · COR 181% |
| Health Care Services | 20 | 33.8% | 28.8% | 6.1% | HIMS 189% · RDNT 125% · DGX 100% |
| Health Care Facilities | 25 | 13.9% | 27.4% | -1.4% | THC 280% · NHC 210% · EHC 186% |
| Managed Health Care | 8 | 47.9% | 1.6% | -2.2% | OSCR 95% · HQY 52% · ELV 10% |
| Health Care Equipment | 50 | 11.0% | 17.8% | -17.6% | UFPT 355% · GKOS 286% · PLSE 127% |
| Pharmaceuticals | 61 | -12.9% | 10.6% | -37.3% | LQDA 977% · XERS 571% · KNSA 500% |
| Health Care Supplies | 11 | 23.9% | 17.0% | -40.1% | LNTH 248% · HAE 66% · MMSI 29% |
| Life Sciences Tools & Services ← | 108 | -8.1% | -18.9% | -74.5% | AXGN 255% · NTRA 214% · MEDP 181% |
| Biotechnology | 364 | -25.8% | -36.1% | -82.0% | ELVN 1073% · TRVI 995% · DNTH 956% |
| Health Care Technology | 21 | -21.4% | -50.4% | -82.8% | VEEV -3% · DOCS -51% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Hyperfine Earnings Notes | 12/16/2025 | |
| With Hyperfine Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 7.43 |
| Mkt Cap | 0.8 |
| Rev LTM | 227 |
| Op Inc LTM | -24 |
| FCF LTM | -10 |
| FCF 3Y Avg | -22 |
| CFO LTM | 3 |
| CFO 3Y Avg | -1 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.7% |
| Rev Chg 3Y Avg | 13.8% |
| Rev Chg Q | 12.6% |
| QoQ Delta Rev Chg LTM | 3.0% |
| Op Inc Chg LTM | 20.4% |
| Op Inc Chg 3Y Avg | 13.1% |
| Op Mgn LTM | -3.0% |
| Op Mgn 3Y Avg | -12.4% |
| QoQ Delta Op Mgn LTM | 1.7% |
| CFO/Rev LTM | 1.5% |
| CFO/Rev 3Y Avg | -0.6% |
| FCF/Rev LTM | -1.2% |
| FCF/Rev 3Y Avg | -12.1% |
Price Behavior
| Market Price | $0.69 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 01/27/2021 | |
| Distance from 52W High | -63.3% | |
| 50 Days | 200 Days | |
| DMA Price | $0.80 | $1.12 |
| DMA Trend | down | down |
| Distance from DMA | -14.3% | -38.8% |
| 3M | 1YR | |
| Volatility | 54.6% | 71.4% |
| Downside Capture | 214.76 | 266.43 |
| Upside Capture | 77.41 | 189.54 |
| Correlation (S&P 500) | 26.9% | 34.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.91 | 1.46 | 1.42 | 1.78 | 1.99 | 1.51 |
| Up Beta | -7.01 | -1.58 | 1.53 | 1.19 | 0.90 | 1.09 |
| Down Beta | 1.16 | 1.81 | 1.34 | 1.41 | 1.31 | 1.41 |
| Up Capture | 186% | 142% | 72% | 74% | 384% | 401% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 6 | 16 | 24 | 47 | 104 | 320 |
| Down Capture | 307% | 212% | 213% | 241% | 174% | 112% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 16 | 27 | 40 | 78 | 137 | 390 |
[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 HYPR | |
|---|---|---|---|---|
| HYPR | -34.2% | 71.4% | -0.30 | - |
| Sector ETF (XLV) | 29.2% | 16.9% | 1.33 | -0.9% |
| Equity (SPY) | 9.5% | 13.6% | 0.41 | 37.7% |
| Gold (GLD) | 3.6% | 28.7% | 0.11 | 17.7% |
| Commodities (DBC) | 37.7% | 21.2% | 1.40 | 2.1% |
| Real Estate (VNQ) | 12.0% | 14.2% | 0.55 | 9.0% |
| Bitcoin (BTCUSD) | -20.8% | 43.3% | -0.42 | 22.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HYPR | |
|---|---|---|---|---|
| HYPR | -40.6% | 97.7% | -0.09 | - |
| Sector ETF (XLV) | 8.6% | 15.4% | 0.36 | 11.9% |
| Equity (SPY) | 11.3% | 17.3% | 0.48 | 24.6% |
| Gold (GLD) | 17.5% | 19.1% | 0.74 | 7.2% |
| Commodities (DBC) | 8.0% | 19.6% | 0.29 | 7.7% |
| Real Estate (VNQ) | 1.2% | 18.9% | -0.05 | 14.0% |
| Bitcoin (BTCUSD) | 5.9% | 51.5% | 0.29 | 13.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HYPR | |
|---|---|---|---|---|
| HYPR | -23.1% | 91.3% | -0.09 | - |
| Sector ETF (XLV) | 12.2% | 16.8% | 0.60 | 11.4% |
| Equity (SPY) | 14.9% | 18.0% | 0.70 | 23.7% |
| Gold (GLD) | 12.0% | 16.5% | 0.59 | 6.9% |
| Commodities (DBC) | 7.6% | 18.1% | 0.33 | 7.3% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.23 | 13.5% |
| Bitcoin (BTCUSD) | 61.3% | 66.2% | 1.01 | 11.8% |
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Returns Analyses
Earnings Returns History
Updated 10/19/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/8/2026 | 10.7% | -5.8% | |
| 8/6/2026 | -2.7% | -9.0% | -17.2% |
| 5/12/2026 | -8.1% | -18.5% | -17.9% |
| 3/18/2026 | -4.7% | -7.9% | 3.1% |
| 1/12/2026 | 1.0% | 18.8% | 7.9% |
| 11/13/2025 | 9.5% | -2.4% | -9.8% |
| 8/13/2025 | 14.2% | 0.8% | 11.8% |
| 5/13/2025 | -12.5% | -11.1% | 5.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 3 | 6 |
| # Negative | 6 | 9 | 5 |
| Median Positive | 9.8% | 12.7% | 8.4% |
| Median Negative | -7.2% | -9.0% | -17.9% |
| Max Positive | 14.2% | 18.8% | 11.8% |
| Max Negative | -28.7% | -35.1% | -45.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/8/2026 | 10.7% | -5.8% | |
| 8/6/2026 | -2.7% | -9.0% | -17.2% |
| 5/12/2026 | -8.1% | -18.5% | -17.9% |
| 3/18/2026 | -4.7% | -7.9% | 3.1% |
| 1/12/2026 | 1.0% | 18.8% | 7.9% |
| 11/13/2025 | 9.5% | -2.4% | -9.8% |
| 8/13/2025 | 14.2% | 0.8% | 11.8% |
| 5/13/2025 | -12.5% | -11.1% | 5.9% |
| 3/17/2025 | -28.7% | -35.1% | -45.4% |
| 5/13/2024 | 10.1% | 12.7% | 8.9% |
| 3/23/2022 | -6.2% | -2.5% | 10.5% |
| 1/10/2022 | 0.1% | -10.5% | -44.1% |
| SUMMARY STATS | |||
| # Positive | 6 | 3 | 6 |
| # Negative | 6 | 9 | 5 |
| Median Positive | 9.8% | 12.7% | 8.4% |
| Median Negative | -7.2% | -9.0% | -17.9% |
| Max Positive | 14.2% | 18.8% | 11.8% |
| Max Negative | -28.7% | -35.1% | -45.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 03/18/2026 | 10-K |
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/17/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 03/22/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/22/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/06/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 03/18/2026 | 10-K |
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/17/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 03/22/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/22/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 03/25/2022 | 10-K |
| 09/30/2021 | 11/26/2021 | 424B3 |
Recent Forward Guidance
Updated 11/2/2026Latest: Q3 2026 Earnings Reported 10/8/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Cash Burn | Reported | -28.00 Mil | -27.00 Mil | -26.00 Mil | 0.0% | Affirmed | Guidance: -27.00 Mil for 2026 | |
| 2026 Net Cash Burn Change | Reported | -0.1 | ||||||
| 2026 Revenue | Reported | 20.00 Mil | 21.00 Mil | 22.00 Mil | 0.0% | Affirmed | Guidance: 21.00 Mil for 2026 | |
| 2026 Revenue Growth | Reported | 55.0% | ||||||
Prior: Q2 2026 Earnings Reported 8/6/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Cash Burn | Reported | -28.00 Mil | -27.00 Mil | -26.00 Mil | 0 | Affirmed | Guidance: -27.00 Mil for 2026 | |
| 2026 Revenue | Reported | 20.00 Mil | 21.00 Mil | 22.00 Mil | 0 | Affirmed | Guidance: 21.00 Mil for 2026 | |
Q1 2026 Earnings Reported 5/12/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Cash Burn | Reported | -28.00 Mil | -27.00 Mil | -26.00 Mil | 0 | Affirmed | Guidance: -27.00 Mil for 2026 | |
| 2026 Revenue | Reported | 20.00 Mil | 21.00 Mil | 22.00 Mil | 0 | Affirmed | Guidance: 21.00 Mil for 2026 | |
Insider Activity
Updated 8/25/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 8252026 | 0.85 | 7,345 | 6,273 | 573,253 | Form |
| 2 | Hale, Brett | CFO and CAO | Direct | Sell | 8252026 | 0.85 | 7,345 | 6,273 | 505,927 | Form |
| 3 | Hale, Brett | CFO and CAO | Direct | Sell | 5272026 | 1.65 | 6,047 | 9,978 | 989,612 | Form |
| 4 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 5272026 | 1.65 | 6,047 | 9,978 | 1,119,692 | Form |
| 5 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 3252026 | 1.21 | 24,188 | 29,267 | 429,124 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 8252026 | 0.85 | 7,345 | 6,273 | 573,253 | Form |
| 2 | Hale, Brett | CFO and CAO | Direct | Sell | 8252026 | 0.85 | 7,345 | 6,273 | 505,927 | Form |
| 3 | Hale, Brett | CFO and CAO | Direct | Sell | 5272026 | 1.65 | 6,047 | 9,978 | 989,612 | Form |
| 4 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 5272026 | 1.65 | 6,047 | 9,978 | 1,119,692 | Form |
| 5 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 3252026 | 1.21 | 24,188 | 29,267 | 429,124 | Form |
| 6 | Hale, Brett | CFO and CAO | Direct | Sell | 3252026 | 1.21 | 24,188 | 29,267 | 333,733 | Form |
| 7 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 2172026 | 1.11 | 821 | 913 | 421,076 | Form |
| 8 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 11192025 | 1.08 | 1,405 | 1,517 | 410,030 | Form |
| 9 | Teisseyre, Thomas | Chief Operating Officer | Direct | Sell | 8182025 | 1.33 | 1,151 | 1,531 | 506,812 | 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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