CVRx, Inc.

NasdaqGS:CVRX Stock Report

Market Cap: US$143.0m

CVRx Past Earnings Performance

Past criteria checks 0/6

CVRx's earnings have been declining at an average annual rate of -11.3%, while the Medical Equipment industry saw earnings growing at 13.6% annually. Revenues have been growing at an average rate of 34.2% per year.

Key information

-11.28%

Earnings growth rate

77.00%

EPS growth rate

Medical Equipment Industry Growth8.90%
Revenue growth rate34.18%
Return on equity-180.91%
Net Margin-89.15%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 02

CVRX: Trial Progress And Steady Guidance Will Likely Cap Near Term Upside Potential

Analysts have modestly adjusted their price target on CVRx, reflecting updated assumptions around fair value at 6.0, a discount rate of 8.35%, revenue growth of 15.41%, profit margin of 12.19%, and a future P/E of 18.62. They are using these revised inputs to fine tune expectations rather than signal a major shift in outlook.
Analysis Article May 15

The CVRx, Inc. (NASDAQ:CVRX) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Shareholders in CVRx, Inc. ( NASDAQ:CVRX ) had a terrible week, as shares crashed 22% to US$5.74 in the week since its...
Narrative Update May 05

CVRX: Reduced Multiple Expectations Will Likely Constrain Future Share Price Upside

Analysts have reduced their average CVRx price target by $1 to reflect updated views on the company’s risk profile, growth trajectory, profitability expectations, and likely P/E multiple, while keeping fair value broadly in line with prior estimates. Analyst Commentary Recent Street research on CVRx points to a more cautious tone, with the headline takeaways centered on slightly lower price targets and an increased focus on execution and valuation risks.
Narrative Update Apr 19

CVRX: Execution Risks And Updated Assumptions Will Likely Restrain Upside

Analysts have trimmed their price targets on CVRx by $1, citing updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent research notes, including one from JPMorgan, point to a more cautious stance on CVRx, reflected in the $1 price target trims.
Narrative Update Mar 31

CVRX: Execution Risks And Recent Price Cuts Will Likely Limit Upside

Analysts have trimmed their CVRx price targets by $1 to reflect updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations, while maintaining their fair value estimate at $6.00. Analyst Commentary Recent Street research, including updated work from JPMorgan, reflects a more cautious stance on CVRx even as the published fair value estimate remains at $6.00.
Narrative Update Mar 16

CVRX: Execution Risks Around Profitability Path Will Likely Cap Future Upside

Analysts have trimmed their CVRx price targets by $1 to $6, reflecting updated assumptions around revenue growth, discount rate, profit margins, and future P/E expectations. Analyst Commentary Recent research updates point to a more cautious stance on CVRx, with both JPMorgan and other bearish analysts trimming price targets by $1.
Narrative Update Mar 01

CVRX: Reimbursement Progress Will Face Cautious Outlook On Profitability Path

Analysts have trimmed their price target on CVRx by $1, reflecting updated assumptions around discount rates, revenue growth, profit margins and forward P/E that still align with recent Street research from firms that reduced their targets by a similar amount. Analyst Commentary Street research on CVRx has recently centered on slightly lower price targets, including a US$1 trim from JPMorgan, which aligns with similar reductions from other bearish analysts.
Analysis Article Feb 15

Analysts Are Updating Their CVRx, Inc. (NASDAQ:CVRX) Estimates After Its Full-Year Results

One of the biggest stories of last week was how CVRx, Inc. ( NASDAQ:CVRX ) shares plunged 24% in the week since its...
Narrative Update Feb 15

CVRX: Reimbursement Shift And BENEFIT-HF Trial Will Reshape Long-Term Upside

Analysts have trimmed their CVRx price targets by $1, reflecting updated fair value estimates and assumptions on growth, profitability, and future P/E multiples, while maintaining a constructive view on the story. Analyst Commentary Recent Street research includes price target trims of $1 from both JPMorgan and other bearish analysts, which reflect a more cautious stance on CVRx's risk and reward profile.
Analysis Article Dec 30

CVRx, Inc.'s (NASDAQ:CVRX) Popularity With Investors Under Threat As Stock Sinks 26%

CVRx, Inc. ( NASDAQ:CVRX ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Nov 08

CVRx, Inc. (NASDAQ:CVRX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$11.50

CVRx, Inc. ( NASDAQ:CVRX ) just released its quarterly report and things are looking bullish. CVRx beat expectations...
Analysis Article Oct 16

After Leaping 39% CVRx, Inc. (NASDAQ:CVRX) Shares Are Not Flying Under The Radar

CVRx, Inc. ( NASDAQ:CVRX ) shares have had a really impressive month, gaining 39% after a shaky period beforehand...
Analysis Article Sep 16

Does CVRx (NASDAQ:CVRX) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 08

Analyst Estimates: Here's What Brokers Think Of CVRx, Inc. (NASDAQ:CVRX) After Its Second-Quarter Report

It's been a sad week for CVRx, Inc. ( NASDAQ:CVRX ), who've watched their investment drop 13% to US$6.94 in the week...
Analysis Article Jul 15

CVRx, Inc.'s (NASDAQ:CVRX) P/S Is Still On The Mark Following 25% Share Price Bounce

CVRx, Inc. ( NASDAQ:CVRX ) shareholders would be excited to see that the share price has had a great month, posting a...
Seeking Alpha Jul 02

CVRx: Sell-Off Ignores Its True Potential

Summary CVRx offers a unique, FDA-approved heart failure therapy with Medicare reimbursement, positioning it for significant market adoption and growth. The recent share price drop is an overreaction to sales force restructuring and reimbursement fears, while earnings and revenue estimates remain stable. Current valuation is deeply discounted versus sector peers, despite high-teens revenue growth and clear operating leverage potential as sales ramp up. Management insider buying and a net cash balance sheet reinforce my conviction that CVRX is a speculative Buy at these levels. Read the full article on Seeking Alpha
Analysis Article Jun 14

Is CVRx (NASDAQ:CVRX) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 09

Investors Appear Satisfied With CVRx, Inc.'s (NASDAQ:CVRX) Prospects As Shares Rocket 25%

Those holding CVRx, Inc. ( NASDAQ:CVRX ) shares would be relieved that the share price has rebounded 25% in the last...
Seeking Alpha Apr 09

CVRx, Inc.: Overreaction Creates Buying Opportunity

Summary CVRx, Inc. stock has recently dropped 40%, presenting a buying opportunity as the long-term growth potential remains intact. Barostim has strong clinical results and significant market potential, with a $2.2 billion TAM. Average selling prices can potentially improve as the market recognizes Barostim's effectiveness. CVRX shares are a buy with a price target of $10. Read the full article on Seeking Alpha
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New Narrative Mar 29

Expanding 48 US Territories And New Codes Will Broaden Access

Expansion in US territories and implanting centers is expected to drive significant revenue growth and market penetration.
Analysis Article Mar 07

With A 29% Price Drop For CVRx, Inc. (NASDAQ:CVRX) You'll Still Get What You Pay For

CVRx, Inc. ( NASDAQ:CVRX ) shares have had a horrible month, losing 29% after a relatively good period beforehand...
Analysis Article Jan 16

Revenues Tell The Story For CVRx, Inc. (NASDAQ:CVRX) As Its Stock Soars 27%

Despite an already strong run, CVRx, Inc. ( NASDAQ:CVRX ) shares have been powering on, with a gain of 27% in the last...
Analysis Article Dec 26

Does CVRx (NASDAQ:CVRX) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Seeking Alpha Nov 07

CVRx: Impressive Top-Line Growth Seems Priced In

Summary CVRx's Barostim therapy shows strong clinical success and impressive revenue growth. Recent reimbursement approvals from CMS enhance Barostim's sales potential. Despite double-digit sales growth and a promising product, CVRx's path to profitability is hindered by escalating SG&A costs and potential future shareholder dilution. CVRX is a hold with a price target of $14. Read the full article on Seeking Alpha
Analysis Article Nov 01

Analyst Estimates: Here's What Brokers Think Of CVRx, Inc. (NASDAQ:CVRX) After Its Third-Quarter Report

The investors in CVRx, Inc. 's ( NASDAQ:CVRX ) will be rubbing their hands together with glee today, after the share...
Analysis Article Oct 10

Investors Still Waiting For A Pull Back In CVRx, Inc. (NASDAQ:CVRX)

When you see that almost half of the companies in the Medical Equipment industry in the United States have...
Analysis Article Jul 31

Does CVRx (NASDAQ:CVRX) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 18

Why Investors Shouldn't Be Surprised By CVRx, Inc.'s (NASDAQ:CVRX) 32% Share Price Surge

Those holding CVRx, Inc. ( NASDAQ:CVRX ) shares would be relieved that the share price has rebounded 32% in the last...
Analysis Article May 04

The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 47%

To the annoyance of some shareholders, CVRx, Inc. ( NASDAQ:CVRX ) shares are down a considerable 47% in the last month...
Analysis Article Apr 10

Rock star Growth Puts CVRx (NASDAQ:CVRX) In A Position To Use Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 29

The Price Is Right For CVRx, Inc. (NASDAQ:CVRX) Even After Diving 25%

CVRx, Inc. ( NASDAQ:CVRX ) shareholders won't be pleased to see that the share price has had a very rough month...

Revenue & Expenses Breakdown

How CVRx makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:CVRX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2659-538912
31 Dec 2557-538811
30 Sep 2556-528711
30 Jun 2555-528610
31 Mar 2553-528411
31 Dec 2451-609111
30 Sep 2447-588811
30 Jun 2444-548211
31 Mar 2442-527711
31 Dec 2339-416512
30 Sep 2335-436212
30 Jun 2331-435912
31 Mar 2326-435511
31 Dec 2222-415010
30 Sep 2219-41469
30 Jun 2216-38418
31 Mar 2214-44348
31 Dec 2113-43288
30 Sep 2111-36216
30 Jun 219-33166
31 Mar 217-19126
31 Dec 206-14106
31 Dec 196-1569

Quality Earnings: CVRX is currently unprofitable.

Growing Profit Margin: CVRX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CVRX is unprofitable, and losses have increased over the past 5 years at a rate of 11.3% per year.

Accelerating Growth: Unable to compare CVRX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CVRX is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (14.8%).


Return on Equity

High ROE: CVRX has a negative Return on Equity (-180.91%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 22:10
End of Day Share Price 2026/06/04 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

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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

CVRx, Inc. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William PlovanicCanaccord Genuity
Ross OsbornCantor Fitzgerald & Co.
Sarah JamesCantor Fitzgerald & Co.