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Carlsmed, Inc. (CARL)

Healthcare | Health Information Services | Carlsbad, United States | NasdaqGS
16.88 USD +0.13 (0.776%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 16.65 -0.23 (-0.230%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:15 a.m. EDT

The immediate catalyst is a powerful technical breakout driven by a massive 38% surge over the last two weeks, pushing the price from $13.43 to $16.05. This momentum is reinforced by a 'strong buy' consensus from analysts, a recent $1.81 million institutional investment, and a specific 'Buy' rating from Goldman Sachs, suggesting significant near-term upside potential despite the lack of historical price data. However, the long-term outlook remains neutral due to the absence of a multi-year price trajectory to validate business quality; without several years of performance history, it is impossible to confirm if the current rally reflects a durable competitive advantage or merely a speculative premium. Fundamentally, the company is unprofitable with negative operating margins and free cash flow, which prevents a high long-term rating regardless of the recent price action. Finally, there is no dividend history, offering zero income yield.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.062232
MSTL0.065429
AutoTheta0.073223
AutoARIMA0.131431

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 36%
H-stat 2.86
Ljung-Box p 0.000
Jarque-Bera p 0.796
Excess Kurtosis -0.45
Attribute Value
Sector Healthcare
Debt to Equity Ratio 26.015
Revenue per Share 2.482
Market Cap 460,870,304
Forward P/E -12.23
Profit Margins -57.42%
Website https://carlsmed.com

Info Dump

Attribute Value
52 Week Change 0.24759793
Address1 1,800 Aston Avenue
Address2 Suite 100
All Time High 17.23
All Time Low 8.5
Ask 21.41
Ask Size 2
Audit Risk 5
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 197,340
Average Daily Volume3 Month 148,776
Average Volume 148,776
Average Volume10Days 197,340
Bid 12.06
Bid Size 2
Board Risk 9
Book Value 3.094
City Carlsbad
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.88
Current Ratio 8.841
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 16.99
Day Low 16.52
Debt To Equity 26.015
Display Name Carlsmed
Earnings Call Timestamp End 1,785,961,800
Earnings Call Timestamp Start 1,785,961,800
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -38,256,000
Ebitda Margins -0.60441
Enterprise To Ebitda -10.288
Enterprise To Revenue 6.218
Enterprise Value 393,563,296
Eps Current Year -1.41
Eps Forward -1.38
Eps Trailing Twelve Months -2.35
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.8114
Fifty Day Average Change 4.0685987
Fifty Day Average Change Percent 0.31757644
Fifty Two Week Change Percent 24.759792
Fifty Two Week High 17.23
Fifty Two Week High Change -0.35000038
Fifty Two Week High Change Percent -0.020313429
Fifty Two Week Low 8.5
Fifty Two Week Low Change 8.379999
Fifty Two Week Low Change Percent 0.9858823
Fifty Two Week Range 8.5 - 17.23
Financial Currency USD
First Trade Date Milliseconds 1,753,277,400,000
Float Shares 15,669,044
Forward Eps -1.38
Forward P E -12.231883
Free Cashflow -26,408,376
Full Exchange Name NasdaqGS
Full Time Employees 127
Fullday Change 0.129999
Fullday Change Percent 0.776114
Fullday Price 16.65
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.76628
Gross Profits 48,502,000
Has Pre Post Market Data 1
Held Percent Insiders 0.44422
Held Percent Institutions 0.40297002
Implied Shares Outstanding 27,302,743
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 1
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 460,870,304
Market State CLOSED
Max Age 86,400
Message Board Id finmb_629940925
Most Recent Quarter 1,782,777,600
Net Income To Common -36,345,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 458,413,054
Number Of Analyst Opinions 5
Open 16.86
Operating Cashflow -34,145,000
Operating Margins -0.58268
Overall Risk 8
Payout Ratio 0.0
Phone 760 766 1923
Post Market Change -0.22999954
Post Market Change Percent -1.3625566
Post Market Price 16.65
Post Market Time 1,787,959,806
Previous Close 16.75
Price Eps Current Year -11.971631
Price Hint 2
Price To Book 5.4557204
Price To Sales Trailing12 Months 7.2813067
Profit Margins -0.57422
Quick Ratio 8.308
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.4
Region US
Regular Market Change 0.129999
Regular Market Change Percent 0.776114
Regular Market Day High 16.99
Regular Market Day Low 16.52
Regular Market Day Range 16.52 - 16.99
Regular Market Open 16.86
Regular Market Previous Close 16.75
Regular Market Price 16.88
Regular Market Time 1,787,947,201
Regular Market Volume 121,246
Return On Assets -0.28186
Return On Equity -0.66141
Revenue Growth 0.567
Revenue Per Share 2.482
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 27,302,743
Shares Percent Shares Out 0.0482
Shares Short 1,316,035
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 1,357,636
Short Name Carlsmed, Inc.
Short Percent Of Float 0.1287
Short Ratio 9.46
Source Interval 15
State CA
Symbol CARL
Target High Price 23.0
Target Low Price 17.0
Target Mean Price 19.2
Target Median Price 18.0
Total Cash 89,224,000
Total Cash Per Share 3.268
Total Debt 21,917,000
Total Revenue 63,295,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.35
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.052575
Two Hundred Day Average Change 4.827424
Two Hundred Day Average Change Percent 0.40053052
Type Disp Equity
Volume 121,246
Website https://carlsmed.com
Zip 92,008