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CVRX Overview

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ET
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0.000
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ET
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Intellectia

Loading chart...

High
5.769
Open
5.620
VWAP
5.62
Vol
162.54K
Mkt Cap
148.07M
Low
5.520
Amount
914.00K
EV/EBITDA(TTM)
--
Total Shares
26.54M
EV
135.58M
EV/OCF(TTM)
--
P/S(TTM)
2.50
CVRx, Inc. is a commercial-stage medical device company. The Company is focused on developing, manufacturing and commercializing advanced neuromodulation solutions for patients with cardiovascular diseases. The Company's integrated platform technology, Barostim, is designed to leverage the power of the brain and nervous system to address the imbalance of the autonomic nervous system (ANS), which causes heart failure with reduced ejection fraction (HFrEF) and other cardiovascular diseases. Barostim provides Baroreflex Activation Therapy (BAT) by sending imperceptible and persistent electrical pulses to baroreceptors located in the wall of the carotid artery to signal the brain to modulate cardiovascular function. Barostim is a minimally invasive neuromodulation device that consists of two implantable components, an implantable pulse generator (IPG) and a stimulation lead, and is programmed by a wireless clinician-controlled programmer that communicates with the IPG.
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Events Timeline

(ET)
2026-05-14
09:10:00
CVRx Secures Humana Medicare Coverage for Barostim Therapy
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2026-05-11 (ET)
2026-05-11
16:20:00
Company Raises FY26 Gross Margin Outlook to 85%-87%
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2026-05-11
16:20:00
Company Expects Q2 2026 Revenue Between $15.1M and $16.1M
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2026-05-11
16:20:00
CVRx Q1 Revenue $14.77M, Exceeds Consensus
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2026-02-12 (ET)
2026-02-12
16:10:00
Company Expects Q1 2026 Revenue of $13.7M to $14.7M
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2026-02-12
16:10:00
Sees FY26 Gross Margin 84%-86%
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News

seekingalpha
8.5
05-14seekingalpha
CVRx Secures Medicare Coverage for Barostim Implant from Humana
  • Medicare Coverage Announcement: Humana's decision to provide Medicare coverage for CVRx's Barostim cardiac implant starting May 1, 2026, represents a significant milestone as it is the first coverage policy for this heart failure device in the U.S., greatly enhancing CVRx's competitive position in the heart failure treatment market.
  • Positive Market Reaction: Following Humana's announcement, CVRx shares rose approximately 4% in afternoon trading, reversing two consecutive days of declines, indicating increased investor confidence in the company's future prospects.
  • Clinical Trial Inclusion: The coverage policy not only includes the FDA-approved indications but also extends to patients enrolled in CVRx's BENEFIT-HF trial, which is expected to broaden the device's applicability and drive market penetration in the heart failure sector.
  • Optimistic Financial Outlook: CVRx projects revenue between $63 million and $67 million for 2026, and with the implementation of the coverage policy, the company anticipates further improvements in its financial performance and market position.
seekingalpha
9.5
05-12seekingalpha
CVRx Q1 2026 Earnings Call Highlights
  • Significant Revenue Growth: CVRx reported total revenue of $14.8 million in Q1 2026, reflecting a $2.4 million increase or 20% year-over-year, indicating strong performance in the U.S. market that is expected to drive future business expansion.
  • Improved Gross Margin: The gross margin for the first quarter rose to 87%, up from 84% a year ago, showcasing improvements in cost control and operational efficiency, which will enhance profitability moving forward.
  • Ongoing Market Expansion: By the end of Q1, CVRx had increased its active implanting centers to 257 from 252 at the end of 2025, and expanded its sales territories from 53 to 56, demonstrating the company's continued efforts in market penetration.
  • Optimistic Outlook: The company expects full-year revenue for 2026 to be between $63 million and $67 million, and despite facing reimbursement volatility, management remains optimistic about future growth, emphasizing sustained market demand and product innovation.
Newsfilter
2.0
05-04Newsfilter
CVRx Launches Landmark Heart Failure Trial
  • Trial Launch: CVRx successfully enrolled the first patient at Avera Heart Hospital in South Dakota, marking the initiation of the BENEFIT-HF trial, which aims to recruit 2,500 patients and is set to be one of the largest therapeutic device trials in heart failure.
  • Trial Scale: This multicenter, randomized controlled trial will be conducted at approximately 150 centers in the U.S. and Germany, designed to evaluate all-cause mortality and heart failure decompensation events, holding significant clinical implications.
  • Therapeutic Potential: If successful, the trial could expand the indicated patient population for Barostim therapy by approximately three times, significantly broadening access to this treatment and enhancing its application in heart failure management.
  • Industry Response: CVRx CEO Kevin Hykes noted that the early milestone reflects tremendous excitement in the healthcare community regarding the trial, emphasizing the importance of collaborating with leading physicians to develop meaningful clinical evidence, indicating the potential for long-term adoption of Barostim therapy.
Newsfilter
5.0
04-20Newsfilter
CVRx Nominates Michael Dale to Board of Directors
  • New Board Member: CVRx has nominated Michael Dale to its Board of Directors, with the election scheduled for June 1, 2026, aimed at strengthening the company's leadership in cardiovascular treatment.
  • Extensive Industry Experience: Dale brings a proven track record of commercial success in the medical device sector, having served as CEO of Axogen and led Abbott's structural heart division for eight years, which is expected to provide strategic support for CVRx's Barostim product promotion.
  • Driving Technological Innovation: CVRx's Barostim technology is the first FDA-approved medical device that uses neuromodulation to improve heart failure symptoms, and Dale's addition is anticipated to accelerate market acceptance of this technology, driving company growth in cardiovascular treatment.
  • International Certification Advantage: Barostim has received FDA Breakthrough Device designation and complies with EU Medical Device Regulation, and Dale's extensive board experience will further enhance CVRx's competitiveness and compliance in the global market.
seekingalpha
9.5
04-13seekingalpha
CVRx Expects 20% Revenue Growth in Q1 2026
  • Revenue Growth Expectation: CVRx anticipates total revenue for Q1 2026 to be between $14.7 million and $14.8 million, representing a 20% increase from $12.3 million in Q1 2025, indicating strong market performance and growth potential.
  • Gross Margin Improvement: The expected gross margin for Q1 2026 is approximately 87%, up from 84% in Q1 2025, reflecting effective strategies in cost control and product pricing.
  • Increase in Operating Expenses: Total operating expenses for Q1 2026 are projected to be around $25 million, compared to $23.7 million in Q1 2025, highlighting ongoing investments in expansion and market promotion.
  • Expansion of Implanting Centers: As of March 31, 2026, the number of active implanting centers in the U.S. increased to 257 from 252 as of December 31, 2025, demonstrating positive progress in market penetration and customer base expansion.
Newsfilter
7.0
03-17Newsfilter
CVRx Under Investigation for Possible Securities Law Violations
  • Performance Decline: CVRx reported only $12.3 million in revenue for Q1 2025, and despite bringing in several high-quality sales representatives, many are still in early territory development stages, which has undermined investor confidence.
  • Revenue Guidance Cut: On May 8, 2025, CVRx slashed its full-year revenue guidance to between $55 million and $58 million, with management indicating that recent changes in the salesforce were more significant than initially anticipated, raising further concerns about the company's future.
  • Stock Price Plunge: Following the revenue guidance cut, CVRx's stock price plummeted by $3.01, or 38.8%, to close at $4.77 on May 9, 2025, resulting in substantial losses for investors.
  • Integration Challenges: On February 12, 2026, CVRx reported its Q4 and full-year 2025 results, with management noting that integrating new representatives has created near-term growth impacts, leading to another stock price drop of $0.74, or 13.0%.
Wall Street analysts forecast CVRX stock price to rise
4 Analyst Rating
Wall Street analysts forecast CVRX stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
11.00
Averages
12.50
High
14.00
Current: 0.000
sliders
Low
11.00
Averages
12.50
High
14.00
JPMorgan
Robbie Marcus
Underweight
downgrade
$7 -> $6
AI Analysis
2026-02-13
Reason
JPMorgan
Robbie Marcus
Price Target
$7 -> $6
AI Analysis
2026-02-13
downgrade
Underweight
Reason
JPMorgan analyst Robbie Marcus lowered the firm's price target on CVRx to $6 from $7 and keeps an Underweight rating on the shares. The firm updated the company's model post the Q4 report.
Canaccord
William Plovanic
Buy
downgrade
$11 -> $10
2026-02-13
Reason
Canaccord
William Plovanic
Price Target
$11 -> $10
2026-02-13
downgrade
Buy
Reason
Canaccord analyst William Plovanic lowered the firm's price target on CVRx to $10 from $11 and keeps a Buy rating on the shares. The firm said they reported results which were inline and the conference call highlighted continued improvement in salesforce productivity, which the firm believes should support sustained growth through 2026 as CVRX emerges from the stormy period of salesforce disruption that occurred in early 2025.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CVRX
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Valuation Metrics

The current forward P/E ratio for CVRx Inc (CVRX.O) is 0.00, compared to its 5-year average forward P/E of -6.07. For a more detailed relative valuation and DCF analysis to assess CVRx 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
-6.07
Current PE
0.00
Overvalued PE
-3.38
Undervalued PE
-8.76

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
-5.51
Current EV/EBITDA
-2.20
Overvalued EV/EBITDA
0.11
Undervalued EV/EBITDA
-11.13

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
5Y Average PS
6.89
Current PS
1.96
Overvalued PS
11.69
Undervalued PS
2.10

Financials

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Whales Holding CVRX

N
New Enterprise Associates, Inc.
Holding
CVRX
-2.37%
3M Return

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Frequently Asked Questions

What is CVRx Inc (CVRX) stock price today?

The current price of CVRX is 5.58 USD — it has decreased -0.89

What is CVRx Inc (CVRX)'s business?

CVRx, Inc. is a commercial-stage medical device company. The Company is focused on developing, manufacturing and commercializing advanced neuromodulation solutions for patients with cardiovascular diseases. The Company's integrated platform technology, Barostim, is designed to leverage the power of the brain and nervous system to address the imbalance of the autonomic nervous system (ANS), which causes heart failure with reduced ejection fraction (HFrEF) and other cardiovascular diseases. Barostim provides Baroreflex Activation Therapy (BAT) by sending imperceptible and persistent electrical pulses to baroreceptors located in the wall of the carotid artery to signal the brain to modulate cardiovascular function. Barostim is a minimally invasive neuromodulation device that consists of two implantable components, an implantable pulse generator (IPG) and a stimulation lead, and is programmed by a wireless clinician-controlled programmer that communicates with the IPG.

What is the price predicton of CVRX Stock?

Wall Street analysts forecast CVRX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CVRX is12.50 USD with a low forecast of 11.00 USD and a high forecast of 14.00 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 CVRx Inc (CVRX)'s revenue for the last quarter?

CVRx Inc revenue for the last quarter amounts to 14.77M USD, increased 19.61

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

CVRx Inc. EPS for the last quarter amounts to -0.50 USD, decreased -5.66

How many employees does CVRx Inc (CVRX). have?

CVRx Inc (CVRX) has 223 emplpoyees as of May 31 2026.

What is CVRx Inc (CVRX) market cap?

Today CVRX has the market capitalization of 148.07M USD.