Carlsmed, Inc. CARL
- Market cap
- $404.6M
- P/E
- 0.0×
Follow CARL
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — | 11.55 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| — | — | — | — | — | — | — | — | — | 17.19 |
High Price
|
|||
| — | — | — | — | — | — | — | — | 100 | 127 |
Employees
|
|||
| — | — | — | — | — | — | — | — | 0 | 0 |
Revenue/Emp
|
|||
| — | — | — | — | — | — | — | — | 27 | 51 |
Revenue
|
|||
| — | — | — | — | — | — | — | — | 73.80% | 75.31% |
Gross Margin
|
|||
| — | — | — | — | — | — | — | — | (24) | (30) |
EBT
|
|||
| — | — | — | — | — | — | — | — | (89.30%) | (58.67%) |
EBT Margin
|
|||
| — | — | — | — | — | — | — | — | (24) | (30) |
Net Income
|
|||
| — | — | — | — | — | — | — | — | 0 | 0 |
Depreciation
|
|||
| — | — | — | — | — | — | — | — | 6.68 | 3.55 |
Revenue/Sh
|
|||
| — | — | — | — | — | — | — | — | (6.11) | (2.12) |
Earnings/Sh
|
|||
| — | — | — | — | — | — | — | — | (6.26) | (2.04) |
Cash Flow/Sh
|
|||
| — | — | — | — | — | — | — | — | (0.04) | (0.10) |
Capex/Sh
|
|||
| — | — | — | — | — | — | — | — | (6.31) | (2.13) |
Free CF/Sh
|
|||
| — | — | — | — | — | — | — | — | 6.29 | 6.95 |
Book Value/Sh
|
|||
| — | — | — | — | — | — | — | — | 4 | 14 |
Shares
|
|||
| — | — | — | — | — | — | — | — | 0.00 | 0.00 |
PE Ratio
|
|||
| — | — | — | — | — | — | — | — | 1.90 | 3.48 |
PS Ratio
|
|||
| — | — | — | — | — | — | — | — | 0.00 | 1.78 |
PB Ratio
|
|||
| — | — | — | — | — | — | — | — | 1.39 | 1.61 |
EV/Sales
|
|||
| — | — | — | — | — | — | — | — | (1.74) | (2.67) |
EV/FCF
|
|||
| — | — | — | — | — | — | — | — | (25) | (29) |
Op' Cash Flow
|
|||
| — | — | — | — | — | — | — | — | 0 | (1) |
Capex
|
|||
| — | — | — | — | — | — | — | — | (26) | (30) |
FCF
|
|||
| — | — | — | — | — | — | — | — | 41 | 112 |
Working Cap'
|
|||
| — | — | — | — | — | — | — | — | 15 | 15 |
Total Debt
|
|||
| — | — | — | — | — | — | — | — | (25) | (95) |
Net Debt
|
|||
| — | — | — | — | — | — | — | — | 26 | 99 |
Sh' Equity
|
|||
| — | — | — | — | — | — | — | — | 0.00% | (33.22%) |
ROA
|
|||
| — | — | — | — | — | — | — | — | (1,920.54%) | (442.13%) |
ROIC
|
|||
| — | — | — | — | — | — | — | — | 0.00% | (214.02%) |
ROE
|
|||
Carlsmed, Inc. peers in Health Information Services
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| EVH Evolent Health, Inc | $398.0M | 0.0× | Compare |
| CTEV Claritev Corporation | $395.9M | 0.0× | Compare |
| SLP Simulations Plus, Inc. | $373.4M | 46.2× | Compare |
| NRC National Research Corporation | $450.1M | 78.3× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CSLT Castlight Health, inc. | $332.4M | 0.0× | Compare |
| WEAV Weave Communications, Inc. | $587.3M | 0.0× | Compare |
| PHR Phreesia, Inc. | $620.7M | 59.7× | Compare |
| MDRX Veradigm Inc. | $654.5M | 0.0× | Compare |
Carlsmed, Inc. (CARL) key facts
- Carlsmed, Inc. (CARL) is a Health Information Services company in the Healthcare sector, listed on Nasdaq.
- Carlsmed, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $50.5 million, up 85.9% from fiscal 2024.
- As of September 25, 2026, CARL traded at $15.10, a market capitalization of $404.6 million.
- Return on equity was −214.0% and debt-to-equity 0.18.
Carlsmed, Inc. (CARL) Latest News
15 Sep
Carlsmed, Inc. files patent infringement lawsuit against DeGen Medical. Lawsuit may protect patents and shift competitive positioning in medical devices.
12 Aug
Carlsmed eyes growth from cervical launch and Medicare shifts boosting spine platform. Cervical launch and Medicare shift create major growth catalyst for spine platform.
6 Aug
Carlsmed Inc (CARL) reported Q2 2026 revenue of $18 million, up 57% year-over-year. Strong revenue growth signals improved financial performance and positive market reception.
5 Aug
Carlsmed reports second quarter 2026 financial results and raises full-year guidance. Raised full-year guidance signals stronger expected performance and positive market reaction.
Carlsmed Q2 earnings call highlights financial results, operational updates and forward outlook for the company. Q2 earnings update offers moderate insight into performance and near-term expectations.
Carlsmed reported a Q2 net loss but exceeded revenue estimates. Q2 loss offset by revenue beat shapes near-term financial outlook and valuation.
3 Aug
Carlsmed, Inc. announced favorable reimbursement for aprevo® lumbar procedures. Favorable reimbursement for aprevo lumbar procedures boosts product adoption and revenue potential for Carlsmed.
8 May
Wall Street analysts forecast a 90.77% upside for Carlsmed, Inc. (CARL) stock. Analyst projections of 90.77% stock upside could moderately boost investor sentiment and short-term market performance.
7 May
Analysts have issued forecasts for Carlsmed, Inc. (NASDAQ:CARL) following its first-quarter results. Analyst forecasts after Q1 results may moderately influence investor sentiment and stock valuation.
5 May
Carlsmed, Inc. (CARL) Q1 earnings call highlights financial results, operational progress, and strategic outlook. Q1 earnings call highlights detail financial performance and strategic updates with potential to significantly shift investor sentiment and company trajectory.
Carlsmed, Inc. (CARL) released its Q1 2026 earnings call transcript, detailing financial results, operational updates, and forward guidance. Q1 earnings transcripts disclose key financial metrics, strategic updates, and outlook that significantly shape market performance and investor expectations.
Carlsmed, Inc. (CARL) reported first quarter 2026 financial results. Quarterly earnings reports drive significant shifts in investor sentiment and stock performance.
Carlsmed, Inc. (CARL) reported a Q1 net loss but exceeded revenue estimates. Revenue beat despite Q1 loss moderately boosts financial sentiment without altering core trajectory.
13 Apr
Carlsmed showcased progress in personalized spine fusion, expansion into cervical procedures, and Medicare reimbursement tailwinds at the Needham Conference. Product advancements, cervical market entry, and Medicare coverage gains position Carlsmed for significant revenue growth and investor interest.
7 Mar
Carlsmed, Inc. (CARL) unveiled its personalized spine platform and projected $70M-$75.5M revenue for 2025 at a conference. Unveiling a personalized spine platform with aggressive 2025 revenue guidance signals major product innovation and growth potential significantly boosting market performance.
26 Feb
Carlsmed, Inc. (CARL) Q4 earnings call highlights financial results, operational updates, and forward guidance. Q4 earnings highlights cover financial performance and strategic outlook, likely driving significant shifts in market perception and trajectory.
Carlsmed Inc (CARL) reported record revenue growth in Q4 2025 earnings call highlights, despite financial challenges. Record revenue growth amid financial hurdles signals major positive shift in financial trajectory and investor sentiment.
25 Feb
Carlsmed, Inc. (CARL) reported fourth quarter and full year 2025 financial results. Full-year and quarterly financial results directly shape investor sentiment, stock valuation, and future performance expectations.
18 Feb
Carlsmed, Inc. (CARL) announces the first corra™ personalized cervical plating procedure, marking a clinical milestone in patient-specific spinal implants. First procedure execution validates corra™ technology clinically, accelerating commercialization and enhancing competitive positioning in personalized spine surgery.
10 Feb
Carlsmed, Inc. has successfully completed its first aprevo® bi-lateral posterior lumbar interbody fusion procedure. This marks a significant milestone for the company as it expands its innovative spinal surgery solutions. The aprevo® system is designed to enhance surgical outcomes and improve patient recovery times, showcasing Carlsmed's commitment to advancing spinal care technology. The successful launch of the aprevo® system is a major strategic move that could significantly enhance the company's market position and investor sentiment.
22 Jan
Carlsmed, Inc. insiders have purchased approximately US$8.10 million worth of stock, indicating strong confidence in the company's future prospects. This significant insider buying suggests that those closest to the company believe in its potential for growth and success. Such actions often reflect a positive outlook on the company's performance and can influence market sentiment positively. Insider buying of this magnitude typically signals strong confidence in the company's future performance and can significantly impact investor sentiment.
12 Jan
Carlsmed, Inc. (CARL) announced preliminary revenue figures for the fourth quarter and full year 2025, indicating a significant increase compared to previous periods. The company attributed this growth to strong demand for its innovative orthopedic solutions and successful market expansion efforts. Management expressed optimism about future performance and ongoing product development initiatives. The substantial revenue growth and positive outlook suggest a significant impact on the company's future performance and market sentiment.
6 Jan
Carlsmed, Inc. announced the publication of two-year data for its aprevo® lumbar device in the Global Spine Journal, highlighting positive outcomes in spinal surgery. The study demonstrated significant improvements in patient-reported outcomes and safety profiles, reinforcing the device's effectiveness in treating lumbar conditions. This publication is expected to enhance the company's credibility and market presence in the spinal surgery sector. The publication of positive long-term data for a key product is likely to significantly impact investor sentiment and market positioning.
9 Dec
Carlsmed, Inc. has launched the Aprevo Cervical Platform, a new technology designed to enhance personalized spine surgery. This platform aims to improve surgical outcomes by utilizing advanced imaging and data analytics to tailor procedures to individual patient needs. The introduction of Aprevo is expected to position Carlsmed as a leader in the spine surgery market, addressing the growing demand for personalized medical solutions. The launch of the Aprevo Cervical Platform represents a significant strategic move that could enhance Carlsmed's competitive positioning and market presence.
3 Dec
Carlsmed, Inc. has launched its aprevo® Technology Platform for cervical fusion surgeries in the U.S. at the Cervical Spine Research Society's 53rd Annual Meeting. This innovative platform aims to enhance surgical outcomes and patient recovery in cervical spine procedures, marking a significant advancement in the company's product offerings. The launch of the aprevo® Technology Platform represents a major strategic move that could significantly enhance Carlsmed's competitive position and market presence.
6 Nov
Carlsmed, Inc. (CARL) reported its financial results for the third quarter of 2025, showcasing improved performance and increased revenue. The company has raised its full-year guidance, indicating confidence in its growth trajectory. Key metrics reflect a positive trend, suggesting strong demand for its products and services. Investors reacted favorably to the news, which may enhance market sentiment towards the company. The raised full-year guidance and strong quarterly performance indicate significant positive momentum for the company's future.
29 Sep
Carlsmed, Inc. has appointed Jennifer Kamocsay as Chief Legal Officer and Secretary, effective immediately. Kamocsay brings extensive legal experience, having previously served as General Counsel at several companies, including a focus on corporate governance and compliance. Her appointment is expected to enhance Carlsmed's legal strategies and support its growth initiatives. The appointment of a new Chief Legal Officer may influence the company's legal strategies and governance, impacting its operational effectiveness.
22 Sep
Carlsmed, Inc. has been selected for inclusion in the Russell 2000® Index, which is a significant milestone for the company. This inclusion is expected to enhance the company's visibility among investors and may lead to increased trading volume and interest in its stock. The Russell 2000 Index is widely recognized as a benchmark for small-cap stocks, and being part of it could positively influence Carlsmed's market presence and investor perception. Inclusion in the Russell 2000 Index is likely to significantly enhance investor visibility and market performance.
12 Sep
Goldman Sachs has set a new target for the S&P 500, indicating a bullish outlook for the market. Alongside this, the firm has identified two top stock picks, which may include Carlsmed, Inc. (CARL). The analysis suggests that these selections could benefit from favorable market conditions and investor sentiment, potentially impacting their performance positively. Goldman Sachs' stock picks may influence market sentiment and investor interest in Carlsmed, but the overall impact is expected to be limited.
28 Aug
Carlsmed, Inc. (CARL) reported its financial results for the second quarter of 2025, highlighting significant growth in revenue and advancements in its product offerings. The company continues to focus on innovation in spinal surgery solutions, which has contributed to increased market interest and investor confidence. Management expressed optimism about future performance, citing ongoing demand for their products and strategic initiatives aimed at expanding market reach. The reported financial growth and strategic initiatives indicate a significant impact on future performance and investor sentiment.