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HeartBeam, Inc. (BEAT)

Healthcare | Health Information Services | Santa Clara, United States | NasdaqCM
0.47 USD -0.02 (-3.851%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 0.48 +0.01 (2.163%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:20 a.m. EDT

The immediate outlook is bearish due to a confluence of deteriorating fundamentals and negative price momentum. While the stock recently rallied from its 52-week low, the broader trend is a catastrophic collapse, having lost over half its value in the last year alone. This decline is driven by severe operational distress: the company is burning cash aggressively with negative free cash flow and operating cash flow, while posting significant losses on both assets and equity. The balance sheet is fragile, indicated by a negative enterprise-to-EBITDA multiple and a forward P/E that implies no earnings power. Although analysts offer a 'strong buy' rating with a lofty price target, this appears to be a speculative bet on a turnaround rather than a reflection of current reality, especially given the recent news of a proposed public offering which often signals capital raising needs due to liquidity constraints. Statistically, the short-term forecast leans further down, confirming the lack of immediate catalysts to reverse the slide.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.207211
AutoETS0.343216
AutoARIMA0.343218
MSTL0.357122

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 5.18
Ljung-Box p 0.000
Jarque-Bera p 0.329
Excess Kurtosis -1.00
Attribute Value
Sector Healthcare
Market Cap 26,309,428
Forward P/E -0.88
Beta -0.79
Website https://www.heartbeam.com

Info Dump

Attribute Value
52 Week Change -0.6738255
Address1 2,118 Walsh Avenue
Address2 Suite 210
All Time High 6.74
All Time Low 0.471
Ask 0.48
Ask Size 3
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 394,830
Average Daily Volume3 Month 727,600
Average Volume 727,600
Average Volume10Days 394,830
Beta -0.793
Bid 0.3399
Bid Size 2
Book Value 0.145
City Santa Clara
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.4669
Current Ratio 3.657
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 0.4914
Day Low 0.4602
Earnings Call Timestamp End 1,786,651,200
Earnings Call Timestamp Start 1,786,651,200
Earnings Timestamp 1,786,651,200
Earnings Timestamp End 1,794,513,600
Earnings Timestamp Start 1,794,513,600
Ebitda -20,303,000
Ebitda Margins 0.0
Enterprise To Ebitda -0.866
Enterprise Value 17,587,428
Eps Forward -0.53
Eps Trailing Twelve Months -0.49
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.57868
Fifty Day Average Change -0.11177999
Fifty Day Average Change Percent -0.19316374
Fifty Two Week Change Percent -67.38255
Fifty Two Week High 4.0
Fifty Two Week High Change -3.5331001
Fifty Two Week High Change Percent -0.88327503
Fifty Two Week Low 0.4602
Fifty Two Week Low Change 0.0066999793
Fifty Two Week Low Change Percent 0.014558842
Fifty Two Week Range 0.4602 - 4.0
Financial Currency USD
First Trade Date Milliseconds 1,636,641,000,000
Float Shares 47,624,065
Forward Eps -0.53
Forward P E -0.8809434
Free Cashflow -6,563,732
Full Exchange Name NasdaqCM
Full Time Employees 16
Fullday Change -0.0187
Fullday Change Percent -3.85091
Fullday Price 0.477
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.19567
Held Percent Institutions 0.14402
Implied Shares Outstanding 56,349,171
Industry Health Information Services
Industry Disp Health Information Services
Industry Key health-information-services
Ipo Expected Date 2,021-11-11
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary HeartBeam, Inc. operates as a medical technology company that focuses on developing and commercializing electrocardiogram solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility. The company develops HeartBeam System, a cable-free and ambulatory 12L ECG that captures the heart's electrical signals from three dimensions for high-fidelity data collection and advanced diagnostics for arrhythmia assessment which consists of credit card sized 3D ECG recording device, a patient application, a physician portal, and powerful cloud-based algorithms. HeartBeam, Inc. was incorporated in 2015 and is based in Santa Clara, California.
Long Name HeartBeam, Inc.
Market us_market
Market Cap 26,309,428
Market State CLOSED
Max Age 86,400
Message Board Id finmb_633449866
Most Recent Quarter 1,782,777,600
Net Income To Common -20,296,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 27,363,157
Number Of Analyst Opinions 4
Open 0.4826
Operating Cashflow -13,018,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 408 899 4443
Post Market Change 0.010100007
Post Market Change Percent 2.1632056
Post Market Price 0.477
Post Market Time 1,787,959,806
Previous Close 0.4856
Price Hint 4
Price To Book 3.22
Profit Margins 0.0
Quick Ratio 3.546
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.25
Region US
Regular Market Change -0.0187
Regular Market Change Percent -3.85091
Regular Market Day High 0.4914
Regular Market Day Low 0.4602
Regular Market Day Range 0.4602 - 0.4914
Regular Market Open 0.4826
Regular Market Previous Close 0.4856
Regular Market Price 0.4669
Regular Market Time 1,787,947,201
Regular Market Volume 374,478
Return On Assets -1.5351601
Return On Equity -3.28441
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 56,349,171
Shares Percent Shares Out 0.0431
Shares Short 2,425,935
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,542,524
Short Name Heartbeam, Inc.
Short Percent Of Float 0.048800003
Short Ratio 2.34
Source Interval 15
State CA
Symbol BEAT
Target High Price 5.0
Target Low Price 2.0
Target Mean Price 3.375
Target Median Price 3.25
Total Cash 8,722,000
Total Cash Per Share 0.155
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.49
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.18793
Two Hundred Day Average Change -0.72103
Two Hundred Day Average Change Percent -0.6069634
Type Disp Equity
Volume 374,478
Website https://www.heartbeam.com
Zip 95,050