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Carlsmed, Inc. (CARL)

Healthcare | Health Information Services | Carlsbad, United States | NasdaqGS
10.98 USD +0.30 (2.809%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 10.68 -0.30 (-0.300%) ⇩ (April 17, 2026, 4:56 p.m. EDT)

Short-term: ☆☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 11:44 p.m. EDT

Despite 'strong buy' analyst sentiment and recent revenue beats, CARL exhibits a strong immediate sell signal (star 0) due to negative 45-day forecast, negative earnings yields, worsening cash flow, and rising short interest, outweighing the positive long-term potential.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.174640
AutoARIMA0.176787
AutoETS0.180322
MSTL0.184624

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 47%
H-stat 5.86
Ljung-Box p 0.000
Jarque-Bera p 0.539
Excess Kurtosis -0.81
Attribute Value
Sector Healthcare
Debt to Equity Ratio 17.613
Revenue per Share 3.552
Market Cap 293,517,248
Forward P/E -7.39
Profit Margins -58.67%
Website https://carlsmed.com

Info Dump

Attribute Value
52 Week Change -0.24275863
Address1 1,800 Aston Avenue
Address2 Suite 100
All Time High 17.19
All Time Low 8.5
Ask 14.0
Ask Size 2
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 137,130
Average Daily Volume3 Month 129,159
Average Volume 129,159
Average Volume10Days 137,130
Bid 7.85
Bid Size 2
Book Value 3.716
City Carlsbad
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.98
Current Ratio 8.871
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 11.16
Day Low 10.65
Debt To Equity 17.613
Display Name Carlsmed
Earnings Call Timestamp End 1,778,013,000
Earnings Call Timestamp Start 1,778,013,000
Earnings Timestamp 1,778,011,200
Earnings Timestamp End 1,778,011,200
Earnings Timestamp Start 1,778,011,200
Ebitda -30,293,000
Ebitda Margins -0.59973
Enterprise To Ebitda -6.64
Enterprise To Revenue 3.982
Enterprise Value 201,138,272
Eps Current Year -1.535
Eps Forward -1.485
Eps Trailing Twelve Months -2.13
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.2459
Fifty Day Average Change -0.2659006
Fifty Day Average Change Percent -0.023644228
Fifty Two Week Change Percent -24.275864
Fifty Two Week High 17.19
Fifty Two Week High Change -6.210001
Fifty Two Week High Change Percent -0.3612566
Fifty Two Week Low 8.5
Fifty Two Week Low Change 2.4799995
Fifty Two Week Low Change Percent 0.29176465
Fifty Two Week Range 8.5 - 17.19
Financial Currency USD
First Trade Date Milliseconds 1,753,277,400,000
Float Shares 9,456,175
Forward Eps -1.485
Forward P E -7.393939
Free Cashflow -21,646,500
Full Exchange Name NasdaqGS
Full Time Employees 127
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.7531
Gross Profits 38,040,000
Has Pre Post Market Data 1
Held Percent Insiders 0.43552
Held Percent Institutions 0.38669
Implied Shares Outstanding 26,731,992
Industry Health Information Services
Industry Disp Health Information Services
Industry Key health-information-services
Ipo Expected Date 2,025-07-23
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Carlsmed, Inc., a commercial-stage medical technology company, designs, manufactures, and markets AI-enabled personalized spine surgery solutions. The company develops aprevo, a comprehensive technology platform for spine fusion surgery procedures. Its aprevo platform includes proprietary surgical planning software, using outcomes-based algorithms that are aided with artificial intelligence, and resulting custom-built, anatomically designed vertebral interbody implants. The company was incorporated in 2018 and is based in Carlsbad, California.
Long Name Carlsmed, Inc.
Market us_market
Market Cap 293,517,248
Market State CLOSED
Max Age 86,400
Message Board Id finmb_629940925
Most Recent Quarter 1,767,139,200
Net Income To Common -30,218,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 292,848,972
Number Of Analyst Opinions 5
Open 10.88
Operating Cashflow -28,977,000
Operating Margins -0.61444
Payout Ratio 0.0
Phone 760 766 1923
Post Market Change -0.29999924
Post Market Change Percent -2.7322335
Post Market Price 10.68
Post Market Time 1,776,459,416
Previous Close 10.68
Price Eps Current Year -7.1530943
Price Hint 2
Price To Book 2.9547899
Price To Sales Trailing12 Months 5.810957
Profit Margins -0.58668
Quick Ratio 8.484
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.2
Region US
Regular Market Change 0.299999
Regular Market Change Percent 2.80898
Regular Market Day High 11.16
Regular Market Day Low 10.65
Regular Market Day Range 10.65 - 11.16
Regular Market Open 10.88
Regular Market Previous Close 10.68
Regular Market Price 10.98
Regular Market Time 1,776,456,001
Regular Market Volume 137,774
Return On Assets -0.21004999
Return On Equity -0.47618
Revenue Growth 0.612
Revenue Per Share 3.552
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 26,731,992
Shares Percent Shares Out 0.0291
Shares Short 776,702
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 684,173
Short Name Carlsmed, Inc.
Short Percent Of Float 0.0317
Short Ratio 6.12
Source Interval 15
State CA
Symbol CARL
Target High Price 23.0
Target Low Price 17.0
Target Mean Price 18.6
Target Median Price 18.0
Total Cash 109,793,000
Total Cash Per Share 4.107
Total Debt 17,414,000
Total Revenue 50,511,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.13
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.791425
Two Hundred Day Average Change -1.8114252
Two Hundred Day Average Change Percent -0.14161247
Type Disp Equity
Volume 137,774
Website https://carlsmed.com
Zip 92,008