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HeartBeam, Inc.NasdaqCM:BEAT Stock Report

Market Cap US$49.2m
Share Price
US$0.92
US$5.08
81.9% undervalued intrinsic discount
1Y-41.9%
7D-11.5%
1D
Portfolio Value
View

HeartBeam, Inc.

NasdaqCM:BEAT Stock Report

Market Cap: US$49.2m

HeartBeam (BEAT) Stock Overview

Operates as a medical technology company that focuses on developing and commercializing electrocardiogram solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility. More details

BEAT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health5/6
Dividends0/6

BEAT Community Fair Values

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See what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.

HeartBeam, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for HeartBeam
Historical stock prices
Current Share PriceUS$0.92
52 Week HighUS$4.00
52 Week LowUS$0.54
Beta-0.87
1 Month Change7.88%
3 Month Change-34.72%
1 Year Change-41.92%
3 Year Change-59.27%
5 Year Changen/a
Change since IPO-80.37%

Recent News & Updates

Recent updates

New Narrative Apr 02

Concierge Cardiac Care And AI Collaboration Will Shape A Long Term Bullish View

Catalysts About HeartBeam HeartBeam develops portable, cable free 12 lead ECG technology for at home and ambulatory cardiac assessment. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 19

At Home ECG Clearances And AI Pipeline Will Transform Cardiac Care Over Time

Catalysts About HeartBeam HeartBeam develops portable, cable free ECG technology that lets patients capture clinical grade 12 lead readings at home or on demand. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 05

Home Cardiac Diagnostics And AI Delays Will Restrain Progress Yet Eventually Support Potential Upside

Catalysts About HeartBeam HeartBeam develops a portable, cable free ECG system intended to give patients at home clinical grade 12 lead readings supported by remote cardiologist review. What are the underlying business or industry changes driving this perspective?
Analysis Article Sep 19

Here's Why We're Watching HeartBeam's (NASDAQ:BEAT) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Jan 17

Companies Like HeartBeam (NASDAQ:BEAT) Could Be Quite Risky

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Oct 11

HeartBeam gets a new chief medical officer

HeartBeam (NASDAQ:BEAT) appoints renowned Stanford cardiologist Peter J. Fitzgerald, MD, PhD, as Chief Medical Officer. Dr. Fitzgerald is the Director of the Center for Cardiovascular Technology and Director of the Cardiovascular Core Analysis Laboratory at Stanford University Medical School.  He has also been a consultant to the US Food and Drug Administration for the past 20 years, focused on medical technology and data driven health analytics. Shares are up 2.37% premarket.
Seeking Alpha Sep 28

HeartBeam gets patent to enable generation of its credit card-sized ECG, shares rise ~15%

HeartBeam (NASDAQ:BEAT) on Wednesday said it had been issued a patent from the U.S. Patent and Trademark Office which enables it to generate its credit card-sized AIMIGo 12-lead electrocardiogram (ECG) for the detection of heart attacks. Shares of the company rose 14.5% to $3.08 in early trading. “This patent provides additional intellectual property protection for our breakthrough AIMIGo technology offering 12-lead ECG capability in the form of a credit card-sized device with the same footprint as the single-lead products currently in the market today,” BEAT CEO Branislav Vajdic said in a statement. The newly issued patent - No. 11,445,963 B2 - expands on BEAT's granted and pending core patents for remote heart attack detection, the company said.
Seeking Alpha Sep 15

HeartBeam surges 54% on U.S. patent for ECG patch monitor to detect heart attacks

HeartBeam (NASDAQ:BEAT)  is trading 54% higher premarket after it received patent for a 12-lead electrocardiogram (ECG) patch monitor to detect acute coronary syndrome and cardiac arrhythmia  by the United States Patent and Trademark Office.  The company expects its ECG device to detect ACS diagnosis including myocardial infarction (heart attack) and angina. The newly issued patent expands on the HeartBeam’s previously granted US patent for a 12-lead ECG patch monitor technology. The patch patent follows HeartBeam’s already granted core patents for remote detection of heart attacks. Stock has been down ~66% YTD.
Seeking Alpha Aug 11

HeartBeam GAAP EPS of $0.43 beats by $0.70

HeartBeam press release (NASDAQ:BEAT): Q2 GAAP EPS of $0.43 beats by $0.70. Shares -2.6%.
Seeking Alpha Dec 14

HeartBeam: Cardiovascular Diagnostics On The Go

HeartBeam is pioneering a breakthrough ECG telemedicine solution. A credit card size device sends ECG recording to a cloud software enabling CVD diagnosis in ambulatory settings outside of a hospital. The Company recently closed the IPO of its common stock and warrants netting proceeds of ~$15 million.

Shareholder Returns

BEATUS Medical EquipmentUS Market
7D-11.5%3.0%-0.8%
1Y-41.9%-18.3%27.1%

Return vs Industry: BEAT underperformed the US Medical Equipment industry which returned -18.6% over the past year.

Return vs Market: BEAT underperformed the US Market which returned 26.7% over the past year.

Price Volatility

Is BEAT's price volatile compared to industry and market?
BEAT volatility
BEAT Average Weekly Movement13.0%
Medical Equipment Industry Average Movement8.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.2%

Stable Share Price: BEAT's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BEAT's weekly volatility has decreased from 21% to 13% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201516Rob Enowww.heartbeam.com

HeartBeam, Inc. operates as a medical technology company that focuses on developing and commercializing electrocardiogram solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility. The company develops HeartBeam System, a cable-free and ambulatory 12L ECG that captures the heart’s electrical signals from three dimensions for high-fidelity data collection and advanced diagnostics for arrhythmia assessment which consists of credit card sized 3D ECG recording device, a patient application, a physician portal, and powerful cloud-based algorithms. HeartBeam, Inc. was incorporated in 2015 and is based in Santa Clara, California.

HeartBeam, Inc. Fundamentals Summary

How do HeartBeam's earnings and revenue compare to its market cap?
BEAT fundamental statistics
Market capUS$49.22m
Earnings (TTM)-US$20.23m
Revenue (TTM)n/a
0.0x
P/S Ratio
-2.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEAT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$20.23m
Earnings-US$20.23m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.38
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did BEAT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 20:33
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HeartBeam, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin HaynorAlliance Global Partners
William SutherlandBenchmark Company
Anderson SchockB. Riley Securities, Inc.