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Beta Bionics, Inc. (BBNX)

Healthcare | Medical Devices | Irvine, United States | NasdaqGM
12.27 USD -0.64 (-4.957%) ⇩ (April 21, 2026, 4 p.m. EDT)
After hours: 12.65 +0.38 (3.097%) ⇧ (April 21, 2026, 6:10 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:08 a.m. EDT

BBNX is statistically rated as a trap for long-term capital due to burning cash (-$50M operating run rate) while posting quarterly patient growth misses, despite a positive analyst consensus based on old/released 57% revenue growth data. The recent 10%+ price surge appears to be a 'long-squeeze' rebound rather than a fundamental turnaround, exacerbated by the lack of institutional interest in the options chain for any expiration beyond July 2026.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.216842
AutoARIMA0.228762
AutoETS0.228766
AutoTheta0.230654

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 42%
H-stat 22.90
Ljung-Box p 0.000
Jarque-Bera p 0.233
Excess Kurtosis -1.24
Attribute Value
Sector Healthcare
Revenue per Share 2.474
Market Cap 546,772,032
Forward P/E -6.33
Profit Margins -73.02%
Website https://www.betabionics.com

As of April 19, 2026, 12:08 a.m. EDT: Options flow indicates a heavy disconnect in sentiment fading over time. In July 2026, there is a significant bullish skew, with massive Open Interest (Topology) concentrated significantly out-of-the-money (OTM) at strikes 15.0 and 35.0 on calls, suggesting a speculative bet on a massive spike. Conversely, put positioning is entirely In-The-Money (ITM) with low strikes (15.0 and 30.0), implying existing long holders are hedging downside rather than new capital betting on a crash. However, this bullish structure disappears completely in the October 2026 timeframe, where no put data exists and call Open Interest drops to near zero, indicating a lack of sustained conviction for the longer term.


Info Dump

Attribute Value
52 Week Change 0.24254096
Address1 11 Hughes
All Time High 32.71
All Time Low 8.8
Ask 12.31
Ask Size 4
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 1,364,910
Average Daily Volume3 Month 1,152,673
Average Volume 1,152,673
Average Volume10Days 1,364,910
Bid 12.21
Bid Size 2
Book Value 6.483
City Irvine
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.27
Current Ratio 8.663
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 13.09
Day Low 11.84
Display Name Beta Bionics
Earnings Call Timestamp End 1,776,803,400
Earnings Call Timestamp Start 1,776,803,400
Earnings Timestamp 1,776,801,600
Earnings Timestamp End 1,776,801,600
Earnings Timestamp Start 1,776,801,600
Ebitda -70,108,000
Ebitda Margins -0.69932
Eps Current Year -1.7725
Eps Forward -1.938
Eps Trailing Twelve Months -1.81
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.6994
Fifty Day Average Change 0.5706005
Fifty Day Average Change Percent 0.048771776
Fifty Two Week Change Percent 24.254095
Fifty Two Week High 32.71
Fifty Two Week High Change -20.439999
Fifty Two Week High Change Percent -0.6248853
Fifty Two Week Low 8.8
Fifty Two Week Low Change 3.4700003
Fifty Two Week Low Change Percent 0.3943182
Fifty Two Week Range 8.8 - 32.71
Financial Currency USD
First Trade Date Milliseconds 1,738,247,400,000
Float Shares 23,579,790
Forward Eps -1.938
Forward P E -6.3312697
Free Cashflow -40,903,624
Full Exchange Name NasdaqGM
Full Time Employees 420
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.55398
Gross Profits 55,537,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00968
Held Percent Institutions 1.09448
Implied Shares Outstanding 44,561,695
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ipo Expected Date 2,025-01-30
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Beta Bionics, Inc., a commercial-stage medical device company, engages in the design, development, and commercialization of solutions to enhance the health and quality of life of insulin-requiring people with diabetes. It offers iLet Bionic Pancreas, an insulin delivery device for the treatment of type 1 diabetes in adults and children six years of age and older. The company is also developing Patch Pump, an insulin pump that is designed to adhere directly to the skin and administer insulin without the need for tubing; Bihormonal iLet, which combines automated delivery of insulin and glucagon; and iLet to treat people with insulin-dependent type-2 diabetes. It has collaboration and license agreement with Xeris Pharmaceuticals, Inc. (Xeris) to develop and commercialize a pump-compatible glucagon formulation; and development and commercialization agreement with Abbott Diabetes Care Inc. to develop and commercialize an automated insulin delivery system. The company was incorporated in 2015 and is headquartered in Irvine, California.
Long Name Beta Bionics, Inc.
Market us_market
Market Cap 546,772,032
Market State POST
Max Age 86,400
Message Board Id finmb_365537151
Net Income To Common -73,200,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 575,291,482
Number Of Analyst Opinions 11
Open 13.03
Operating Cashflow -50,925,000
Operating Margins -0.71502
Payout Ratio 0.0
Phone 949 427 7785
Post Market Change 0.37999916
Post Market Change Percent 3.0969775
Post Market Price 12.65
Post Market Time 1,776,809,428
Previous Close 12.91
Price Eps Current Year -6.922426
Price Hint 2
Price To Book 1.8926424
Price To Sales Trailing12 Months 5.4540305
Profit Margins -0.73017
Quick Ratio 7.729
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.63636
Region US
Regular Market Change -0.6399994
Regular Market Change Percent -4.9573927
Regular Market Day High 13.09
Regular Market Day Low 11.84
Regular Market Day Range 11.84 - 13.09
Regular Market Open 13.03
Regular Market Previous Close 12.91
Regular Market Price 12.27
Regular Market Time 1,776,801,600
Regular Market Volume 977,131
Return On Assets -0.1873
Return On Equity -0.40261
Revenue Per Share 2.474
Sand P52 Week Change 0.34445214
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 44,561,695
Shares Percent Shares Out 0.1705
Shares Short 7,598,093
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 5,626,149
Short Name Beta Bionics, Inc.
Short Percent Of Float 0.1713
Short Ratio 6.63
Source Interval 15
State CA
Symbol BBNX
Target High Price 32.0
Target Low Price 14.0
Target Mean Price 22.45455
Target Median Price 20.0
Total Revenue 100,251,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.81
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.246374
Two Hundred Day Average Change -6.9763737
Two Hundred Day Average Change Percent -0.3624773
Type Disp Equity
Volume 977,131
Website https://www.betabionics.com
Zip 92,618