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BEAT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
1.090
Open
1.090
VWAP
1.02
Vol
1.49M
Mkt Cap
57.73M
Low
0.943
Amount
1.53M
EV/EBITDA(TTM)
--
Total Shares
55.51M
EV
52.13M
EV/OCF(TTM)
--
P/S(TTM)
--
HeartBeam, Inc. is a cardiac technology company. The Company focuses on developing and commercializing higher resolution ambulatory Electrocardiogram (ECG) solutions that enable the detection and monitoring of cardiac disease both inside and outside a healthcare facility setting. It is engaged in the development of higher resolution ECG solutions is achieved through the development of the Company’s proprietary and patented electrocardiography technology platform. It is developing three-dimensional (3D) representations of cardiac electrical activity by displaying the spatial locations of ECG waveforms. It is developing its own product, the HeartBeam System. The HeartBeam System comprises a credit card sized 12-lead output electrocardiogram device, a patient application, a physician portal, and powerful cloud-based algorithms. The core technology consists of a series of patented inventions that allow it to capture the heart’s electrical activity from three distinct directions.
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Events Timeline

(ET)
2026-05-13
16:10:00
HeartBeam CEO Highlights Progress on Commercialization Strategy
select
2026-05-11 (ET)
2026-05-11
08:40:00
HeartBeam Initiates ECG Pilot Study for Heart Disease Patients
select
2026-05-07 (ET)
2026-05-07
08:50:00
HeartBeam Signs Commercial Agreement with Atelier Health
select
2026-04-14 (ET)
2026-04-14
16:20:00
HeartBeam Commences Underwritten Public Offering of Common Stock
select
2026-03-12 (ET)
2026-03-12
16:10:00
HeartBeam Receives FDA 510(k) Clearance, Prepares to Launch 12-Lead ECG Device
select

News

seekingalpha
9.5
05-13seekingalpha
PinnedHeartBeam Q1 Earnings Beat Expectations
  • Earnings Beat: HeartBeam reported a Q1 GAAP EPS of -$0.12, beating expectations by $0.02, indicating slight financial improvement despite ongoing losses.
  • R&D Expense Reduction: Research and development expenses for Q1 2026 were $2.4 million, down from $3.5 million in Q1 2025, reflecting effective cost management that may enhance future profitability.
  • Net Loss Decline: The net loss for Q1 2026 was $4.7 million, a decrease from $5.5 million in the same quarter of 2025, suggesting improved operational efficiency that could bolster investor confidence.
  • Cash Flow Pressure: As of March 31, 2026, cash and cash equivalents totaled $2.0 million, down from $4.4 million at December 31, 2025, indicating cash usage pressure in operations that necessitates attention to future liquidity.
Newsfilter
8.5
05-11Newsfilter
HeartBeam Launches Novel ECG Patch for Ischemia Detection
  • Significant Market Potential: HeartBeam's novel ECG patch targets a $2 billion market, aiming to disrupt the current patch market limited to atrial fibrillation detection by introducing ischemia detection capabilities, thereby significantly enhancing the company's competitive edge in cardiac monitoring.
  • Pilot Study Initiation: The company has launched a pilot study at two leading hospitals in Serbia involving 50 high-risk coronary artery disease patients, where participants will undergo exercise stress testing and use the patch to generate synthesized 12-lead ECGs to validate clinical efficacy.
  • Technological Innovation: The HeartBeam patch utilizes patented 3D ECG technology to generate real-time 12-lead ECGs in non-medical environments, enabling patients to obtain high-quality cardiac insights when symptoms occur, fundamentally changing traditional cardiac monitoring approaches.
  • Strategic Growth Direction: This study not only supports HeartBeam's core growth initiatives but also lays the groundwork for future indication expansion for heart attack detection and advancement of its AI program, reflecting the company's commitment to extending clinical-grade cardiac evaluation beyond traditional care settings.
Newsfilter
7.5
05-07Newsfilter
Atelier Health Partners with HeartBeam to Expand Cardiac Care
  • Market Expansion: The commercial agreement between Atelier Health and HeartBeam signifies the completion of HeartBeam's flagship market presence across New York, Dallas, South Florida, and Southern California, enhancing its penetration in the preventive cardiology sector.
  • Technological Innovation: HeartBeam's 3D ECG technology, which received FDA clearance, enables high-fidelity ECG data collection at home, enhancing patients' proactive monitoring capabilities and promoting the adoption of personalized healthcare services.
  • Business Model Validation: This partnership not only advances HeartBeam's subscription-based business model but also accelerates technology adoption in high-value direct-pay healthcare environments through collaboration with leading medical practices.
  • Strategic Collaboration: The expansion of Atelier Health aligns with HeartBeam's market strategy, as both entities aim to deliver personalized preventive and diagnostic programs, thereby enhancing patient care experiences and health management outcomes.
moomoo
5.0
05-07moomoo
HEARTBEAM INC LAUNCHES FLAGSHIP LOCATIONS IN NEW YORK, DALLAS, SOUTH FLORIDA, AND SOUTHERN CALIFORNIA
  • New Locations: HeartBeam Inc. has opened flagship sites in New York, Dallas, South Florida, and Southern California.
  • Expansion Strategy: The company aims to enhance its presence and accessibility in key markets across the United States.
Newsfilter
1.0
04-30Newsfilter
HeartBeam to Host Q1 2026 Earnings Call on May 13
  • Earnings Call Schedule: HeartBeam will hold its earnings call on May 13, 2026, at 4:30 PM ET to discuss Q1 results ending March 31, 2026, and update on key strategic growth initiatives, which is expected to positively impact investor confidence.
  • Strategic Growth Initiatives: The call will highlight the company's limited commercial launch for arrhythmia assessment and developments in its extended-wear patch, heart attack detection, and AI initiatives, showcasing its innovative capabilities and market potential in cardiac health management.
  • Technological Innovation and FDA Approval: HeartBeam has developed the first-ever cable-free device capable of collecting 3D ECG signals from three non-coplanar directions, receiving FDA clearance for arrhythmia assessment in December 2024, marking a significant breakthrough in cardiac monitoring technology.
  • Investor Relations and Information Access: The call will feature a webcast, allowing investors to access materials and replay information through the company's website, enhancing communication and transparency between the company and its investors.
seekingalpha
8.5
04-15seekingalpha
HeartBeam Prices Public Offering to Raise $10 Million
  • Offering Size: HeartBeam priced its public offering at $0.80 per share for a total of 12.5 million shares, aiming to raise $10 million, which indicates the company's ability to access capital markets but also reflects investor concerns about its stock price.
  • Underwriter Option: The underwriters have a 30-day option to purchase an additional 1.875 million shares, providing flexibility that could offer further funding support while potentially impacting market liquidity expectations for the stock.
  • Use of Proceeds: The net proceeds will fund the commercialization of its FDA-cleared 12-lead synthesized ECG system, development of an extended-wear patch, and AI enhancements for heart attack detection tools, highlighting the company's strategic focus on innovation in cardiac health.
  • Stock Price Movement: Following the offering announcement, HeartBeam's stock price declined approximately 12% in after-hours trading on Tuesday, reflecting cautious investor sentiment regarding the company's future prospects, which may affect its subsequent financing and market confidence.
Wall Street analysts forecast BEAT stock price to rise
3 Analyst Rating
Wall Street analysts forecast BEAT stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
4.00
Averages
5.83
High
8.00
Current: 0.000
sliders
Low
4.00
Averages
5.83
High
8.00
Benchmark
Speculative Buy
maintain
$8 -> $5
AI Analysis
2026-05-15
New
Reason
Benchmark
Price Target
$8 -> $5
AI Analysis
2026-05-15
New
maintain
Speculative Buy
Reason
Benchmark lowered the firm's price target on HeartBeam to $5 from $8 and keeps a Speculative Buy rating on the shares after "a solid update" provided with Q1 results. However, while the recent $11.5M equity offering at 80c per share funds a runway at least through this year, the firm's prior model had not assumed this level of dilution, the analyst tells investors.
D. Boral Capital
Buy
to
Hold
downgrade
2026-04-20
Reason
D. Boral Capital
Price Target
2026-04-20
downgrade
Buy
to
Hold
Reason
D. Boral Capital downgraded HeartBeam to Hold from Buy without a price target following the company's' capital raise. The "deal size and terms represent a strategic misstep," the analyst tells investors in a research note. The firm says the equity raise structure, which was priced at a significant discount and pushed the stock below $1.00, "introduces both technical and psychological overhangs."
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Valuation Metrics

The current forward P/E ratio for Heartbeam Inc (BEAT.O) is 0.00, compared to its 5-year average forward P/E of -2.80. For a more detailed relative valuation and DCF analysis to assess Heartbeam Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-2.80
Current PE
0.00
Overvalued PE
-1.46
Undervalued PE
-4.15

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.14
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.44
Undervalued EV/EBITDA
-0.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
80.39
Current PS
6.35
Overvalued PS
354.07
Undervalued PS
-193.30

Financials

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Frequently Asked Questions

What is Heartbeam Inc (BEAT) stock price today?

The current price of BEAT is 1.04 USD — it has increased 2.97

What is Heartbeam Inc (BEAT)'s business?

HeartBeam, Inc. is a cardiac technology company. The Company focuses on developing and commercializing higher resolution ambulatory Electrocardiogram (ECG) solutions that enable the detection and monitoring of cardiac disease both inside and outside a healthcare facility setting. It is engaged in the development of higher resolution ECG solutions is achieved through the development of the Company’s proprietary and patented electrocardiography technology platform. It is developing three-dimensional (3D) representations of cardiac electrical activity by displaying the spatial locations of ECG waveforms. It is developing its own product, the HeartBeam System. The HeartBeam System comprises a credit card sized 12-lead output electrocardiogram device, a patient application, a physician portal, and powerful cloud-based algorithms. The core technology consists of a series of patented inventions that allow it to capture the heart’s electrical activity from three distinct directions.

What is the price predicton of BEAT Stock?

Wall Street analysts forecast BEAT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BEAT is5.83 USD with a low forecast of 4.00 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Heartbeam Inc (BEAT)'s revenue for the last quarter?

Heartbeam Inc revenue for the last quarter amounts to -4.72M USD, decreased -14.32

What is Heartbeam Inc (BEAT)'s earnings per share (EPS) for the last quarter?

Heartbeam Inc. EPS for the last quarter amounts to -3856000.00 USD, decreased -13.87

How many employees does Heartbeam Inc (BEAT). have?

Heartbeam Inc (BEAT) has 16 emplpoyees as of May 15 2026.

What is Heartbeam Inc (BEAT) market cap?

Today BEAT has the market capitalization of 57.73M USD.