HeartBeam, Inc. BEAT

0.36 (0.02) (5.26%) as of 25 Sep
Market cap
$21.7M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.95
Total sells 1.08
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — 9 — — — — —
Sell — — 2 — — — — — — — — —
Insider Ownership 13.20%

Capital & Financial Ratios

Market Cap 21.70
Revenue —
Net Income (20.30)
Free Cash Flow (14.01)
Net Debt (8.72)
Current Ratio 3.66
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 2.32
Past 5Y EPS Growth (61.91%)
This Y EPS Growth 38.17%
Next Y EPS Growth 25.22%
Next 5Y EPS Growth 28.15%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 16 2 4 9
Receivables — — — —
Inventory — — 0 0
Other — — — —
17 3 5 9
2023 2024 2025 Q'26
Payables 1 1 1 1
ST’ Debt — — — —
Other — — — —
1 2 3 2
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 3.12%

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (4) (3) — — —
’25 (4) (3) (3) (3) (14)
’24 (3) (4) (3) (4) (14)
’23 (3) (4) (2) (3) (12)
’22 (2) (2) (3) (3) (10)
’21 0 0 0 (2) (3)
’20 0 0 0 0 (1)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (4) (4) — — —
’25 (4) (4) (3) (3) (15)
’24 (4) (4) (3) (4) (15)
’23 (3) (4) (2) (3) (12)
’22 (2) (2) (3) (3) (10)
’21 0 0 0 (2) (3)
’20 0 0 0 0 (1)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.12) (0.10) — — —
’25 (0.18) (0.15) (0.15) (0.14) (0.62)
’24 (0.17) (0.19) (0.19) (0.18) (0.73)
’23 (0.50) (0.16) (0.13) (0.13) (0.72)
’22 (0.27) (0.43) (0.44) (0.45) (1.59)
’21 (0.06) (0.26) (0.32) (0.40) (1.03)
’20 (0.02) (0.03) (0.09) — (0.29)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 2.75 1.12 1.06 1.35 0.54

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 5.47 6.74 5.06 3.48 4.00
High Price
— — — — — — 15 15 21 16
Employees
— — — — — — 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
— — — — — — — — — —
Gross Margin
— — — (1) (1) (4) (13) (15) (19) (21)
EBT
— — — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
— 0 — (1) (1) (4) (13) (15) (19) (21)
Net Income
— — — 0 0 2 — — 0 0
Depreciation
— — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
— — — (0.16) (0.29) (1.03) (1.59) (0.72) (0.73) (0.62)
Earnings/Sh
— — — (0.06) (0.16) (0.75) (1.22) (0.59) (0.54) (0.41)
Cash Flow/Sh
— — — 0.00 0.00 0.00 0.00 (0.01) (0.01) (0.02)
Capex/Sh
— — — (0.06) (0.16) (0.75) (1.22) (0.61) (0.55) (0.43)
Free CF/Sh
— — — (1.09) (1.31) 3.13 0.29 0.78 0.06 0.08
Book Value/Sh
— — — 3 4 4 8 20 27 34
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
— — — 0 (1) (3) (10) (12) (14) (14)
Op' Cash Flow
— — — — — — — 0 0 (1)
Capex
— — — 0 (1) (3) (10) (12) (15) (15)
FCF
— — — 0 (5) 13 2 16 1 1
Working Cap'
— — — 3 4 — — — — —
Total Debt
— — — 3 0 (13) (4) (16) (2) (4)
Net Debt
— — — (4) (5) 13 2 16 2 3
Sh' Equity
— — — (15,314.29%) (3,682.76%) (63.04%) (143.73%) (138.30%) (190.60%) (460.91%)
ROA
— — — 0.00% 0.00% (655.10%) 0.00% 0.00% 0.00% 0.00%
ROIC
— — — 12.59% 25.09% (102.68%) (164.24%) (159.89%) (221.11%) (987.32%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

HeartBeam, Inc. (BEAT) key facts

  • HeartBeam, Inc. (BEAT) is a Health Information Services company in the Healthcare sector, listed on Nasdaq.
  • As of September 25, 2026, BEAT traded at $0.36, a market capitalization of $21.7 million.
  • Return on equity was −987.3% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

HeartBeam, Inc. (BEAT) Latest News

News by impact score

Fine-tune

21 Sep

4

HeartBeam announced a strategic refocus from building a large internal sales force for its FDA-cleared arrhythmia product to prioritizing myocardial infarction (MI) detection. The company will run focused commercialization of the current product while directing the majority of resources to MI detection, including clinical validation, algorithm development, and the regulatory path for a future MI indication. The 12-lead patch will be advanced toward FDA clearance via a partnering strategy rather than internal commercialization. The MI opportunity is cited as about $15 billion in a broader $40 billion cardiac platform, with more than 20 million U.S. adults at elevated risk. Clinically, ALIGN-ACS enrolled 134 patients in under four months; HEADSTART-ACS reached 75% enrollment in under three months with Indonesian support. A pre-submission FDA request is underway. Existing 3D ECG tech remains, but is focused on MI work; partnerships will be pursued for broader reach. MI-detection pivot and partnering strategy for the 12-lead patch could materially alter resource allocation and growth trajectory.

14 Aug

4 transcript

HeartBeam Inc advances FDA submission and commercial plans, per Q2 2026 earnings call highlights. FDA submission advances signal major regulatory progress likely to shift company trajectory.

3 transcript

HeartBeam, Inc. held its Q2 2026 earnings call covering financial results, operational updates, and forward guidance. Quarterly earnings calls supply updated financial metrics and strategy details that moderately shape near-term investor sentiment and valuation.

13 Aug

3

HeartBeam, Inc. (BEAT) reported its second quarter 2026 financial results. Quarterly results disclosure can shift near-term investor sentiment and valuation without altering long-term strategy.

14 Jul

3

HeartBeam was awarded a new U.S. patent expanding acoustic sensing and fluid monitoring capabilities of its cable-free ECG device. Patent award moderately strengthens IP around core ECG technology and product innovation.

1 Jul

4

HeartBeam expands ECG data use outside hospitals to advance cardiac care. Expansion of ECG data utilization beyond hospitals enables broader cardiac monitoring adoption and market growth for HeartBeam.

30 Jun

3

HeartBeam completes enrollment in heart attack detection pilot study ahead of schedule. Completing pilot enrollment ahead of schedule signals measurable progress in core cardiac detection technology development.

27 Jun

3

Analysts cut HeartBeam (BEAT) stock fair value estimate, citing dilution risks and slower growth ramp. Fair value reduction signals dilution and slower ramp risks that can pressure BEAT valuation and near-term stock performance.

25 Jun

4

HeartBeam (BEAT) reorganizes to accelerate its global commercialization strategy. Reorganization targets faster global commercialization, likely improving revenues and competitive positioning.

24 Jun

4

HeartBeam announces strategic shift to accelerate global adoption of its ambulatory ECG signal platform and leadership transition. Strategic redirection targets global market expansion while leadership change may drive execution of growth plans.

23 Jun

4

HeartBeam launches clinical study to test proprietary patch for on-demand 12-lead ECG generation aimed at ischemia detection. Study launch advances core patch technology toward validation and potential commercialization.

3 Jun

3

HeartBeam study confirms portable ECG device effectively identifies heart attack risk. Positive validation of core ECG technology may lift market sentiment and support future adoption.

2 Jun

3

HeartBeam announces peer-reviewed article demonstrating its technology's potential to identify heart attack risk at home. Peer-reviewed validation of core technology may boost credibility and support future adoption.

26 May

4

HeartBeam (BEAT) is developing technology to address a key shortfall in early cardiac detection. HeartBeam's push into early cardiac detection represents a major strategic product initiative that could shift its market trajectory.

14 May

4

HeartBeam (BEAT) advances commercial launch and reports first-quarter 2026 results. Advancing commercial launch alongside Q1 2026 results marks significant progress toward revenue generation and market entry.

4

HeartBeam, Inc. (BEAT) Q1 2026 earnings call summary covers financial results, operational updates, and forward guidance. Q1 earnings call summary discloses financial performance and strategic outlook directly impacting investor sentiment and stock trajectory.

4

HeartBeam Inc. (BEAT) Q1 2026 earnings call highlights strategic partnerships and financial developments. Strategic partnerships in Q1 2026 earnings call signal major advances that could significantly elevate HeartBeam's competitive position and investor sentiment.

13 May

4 transcript

HeartBeam, Inc. (BEAT) released the complete transcript of its Q1 2026 earnings call, covering financial results, operational updates, and future outlook. Q1 2026 earnings call transcript discloses financial performance and strategic guidance with potential to significantly influence BEAT's market trajectory and investor sentiment.

4

HeartBeam, Inc. (BEAT) reported first quarter 2026 results. Quarterly earnings disclosure reveals financial health, revenue growth, and operational progress, significantly influencing stock price and investor outlook.

11 May

4

HeartBeam, Inc. (BEAT) initiates pilot study for its first on-demand 12-lead ECG patch designed to detect ischemia outside clinical settings. Pilot study launch advances HeartBeam's core remote cardiac monitoring innovation, likely enhancing competitive edge and investor sentiment.

3

HeartBeam (BEAT) launched a pilot study evaluating its on-demand 12-lead ECG patch in coronary artery disease patients. Pilot study launch advances key product development in cardiology but is early-stage with limited immediate market impact.

7 May

4

HeartBeam (BEAT) expands its concierge cardiology footprint through a new agreement with Atelier Health. Agreement with Atelier Health represents a major strategic expansion into concierge cardiology, poised to significantly enhance HeartBeam's market reach and revenue potential.

4

HeartBeam, Inc. (BEAT) expands its commercial presence across four key U.S. markets by adding a premier concierge practice. Adding a premier concierge practice across four key U.S. markets marks a major strategic expansion enhancing HeartBeam's commercial footprint and investor sentiment.

24 Apr

4

HeartBeam (BEAT) announces collaboration to advance next-generation ECG solutions, aiming to improve cardiac monitoring technology. Collaboration on next-gen ECG solutions drives major innovation in core cardiac tech, boosting competitive edge and growth potential.

17 Apr

4

HeartBeam, Inc. (BEAT) closed a $10 million public offering to fund the commercialization of its cardiac technology. Securing $10M in funding directly supports commercialization efforts, enabling significant advancement in product rollout and market positioning.

16 Apr

4

HeartBeam, Inc. (BEAT) closed a $10 million public offering of common stock. Closing a $10 million public offering provides critical capital to advance operations and growth initiatives.

15 Apr

4

HeartBeam (BEAT) launches proposed public offering to fund commercialization efforts and AI initiatives. Public offering provides capital for commercialization and AI, enabling major strategic growth initiatives.

14 Apr

4

HeartBeam, Inc. (BEAT) announces pricing of $10 million public offering of common stock. $10 million public offering provides significant capital for operations but dilutes shareholders, markedly influencing future performance and market sentiment.

4

HeartBeam, Inc. (BEAT) announced a proposed public offering of common stock to raise capital. Proposed public offering dilutes existing shares but injects capital for growth, marking a major strategic financing move with significant impact on trajectory and investor sentiment.

25 Mar

4

HeartBeam, Inc. (BEAT) partners with Mount Sinai Health System to accelerate development and clinical validation of its AI-powered ECG technology for detecting cardiac arrhythmias. Partnership with prestigious Mount Sinai boosts HeartBeam's AI-ECG credibility, speeds validation, and strengthens competitive positioning in medtech.

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