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Vivani Medical, Inc. (VANI)

Healthcare | Biotechnology | Alameda, United States | NasdaqCM
1.42 USD +0.06 (4.412%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 1.38 -0.04 (-0.043%) ⇩ (July 13, 2026, 6:26 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:36 a.m. EDT

The immediate catalyst here is the strategic partnership with Novo Nordisk, which has transformed Vivani from a speculative biotech into a potential weight-loss drug contender. This corporate validation is driving aggressive speculation, pushing the stock toward the $2.00 psychological barrier where heavy option open interest sits. However, the underlying business remains precarious; the company is burning cash, has negative earnings, and carries significant debt relative to its tiny market cap. While the momentum is currently strong due to the partnership news, the lack of profitability and the volatile nature of the biotech sector mean this rally could stall if clinical trials face delays. The statistical forecast models a slight downside drift, highlighting the tension between the hype and the weak fundamentals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.048937
AutoETS0.124815
MSTL0.134668
AutoTheta0.140863

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 55%
H-stat 0.73
Ljung-Box p 0.000
Jarque-Bera p 0.194
Excess Kurtosis -1.05
Attribute Value
Sector Healthcare
Debt to Equity Ratio 95.756
Market Cap 122,453,840
Forward P/E -4.06
Beta 3.29
Previous Name Second Sight Medical Products, Inc.
Website https://www.vivani.com

As of July 11, 2026, 6:36 a.m. EDT: Speculators are overwhelmingly bullish on the upside, evidenced by massive open interest in $2.00 calls across all expirations compared to negligible put activity. The $2.00 strike serves as a primary resistance target where traders are positioning for a breakout, while the lack of protective puts suggests a 'long-only' sentiment betting on the Novo Nordisk partnership catalysts to drive a rapid re-rating.


Info Dump

Attribute Value
52 Week Change -0.087248325
Address1 1,350 South Loop Road
All Time High 576.48
All Time Low 0.754
Ask 1.72
Ask Size 2
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 1,810,570
Average Daily Volume3 Month 501,563
Average Volume 501,563
Average Volume10Days 1,810,570
Beta 3.291
Bid 1.04
Bid Size 2
Book Value 0.225
City Alameda
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 1.42
Current Ratio 3.181
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 1.48
Day Low 1.34
Debt To Equity 95.756
Display Name Vivani Medical
Dividend Date 1,578,268,800
Earnings Timestamp 1,778,702,400
Earnings Timestamp End 1,786,651,200
Earnings Timestamp Start 1,786,651,200
Ebitda -27,364,000
Ebitda Margins 0.0
Enterprise To Ebitda -4.421
Enterprise Value 120,979,848
Eps Forward -0.35
Eps Trailing Twelve Months -0.4
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.2334
Fifty Day Average Change 0.18659997
Fifty Day Average Change Percent 0.15128909
Fifty Two Week Change Percent -8.724833
Fifty Two Week High 1.92
Fifty Two Week High Change -0.5
Fifty Two Week High Change Percent -0.2604167
Fifty Two Week Low 0.923
Fifty Two Week Low Change 0.49699998
Fifty Two Week Low Change Percent 0.5384615
Fifty Two Week Range 0.923 - 1.92
Financial Currency USD
First Trade Date Milliseconds 1,416,407,400,000
Float Shares 35,685,811
Forward Eps -0.35
Forward P E -4.0571427
Free Cashflow -16,415,000
Full Exchange Name NasdaqCM
Full Time Employees 42
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.5794
Held Percent Institutions 0.06503
Implied Shares Outstanding 86,235,104
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,660,867,200
Last Split Factor 1:3
Long Business Summary Vivani Medical, Inc., a clinical-stage biopharmaceutical company, engages in the development of miniaturized and subdermal drug implants that treat chronic diseases. The company uses its NanoPortal implant technology to develop and potentially commercialize drug implant candidates, alone or in collaboration with pharmaceutical company partners, to address causes of poor clinical outcomes in the treatment of chronic diseases. Its pipeline includes NPM-139 for chronic weight management in patients who are obese or overweight; NPM-133 a semaglutide implant for the treatment of patients with type 2 diabetes; NPM-115, an exenatide implant candidate for chronic weight management in patients who are obese or overweight; and OKV-119, an exenatide implant for the treatment of obesity and diabetes in companion animals, including cats and dogs. The company is headquartered in Alameda, California.
Long Name Vivani Medical, Inc.
Market us_market
Market Cap 122,453,840
Market State PREPRE
Max Age 86,400
Message Board Id finmb_260862802
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common -27,087,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 117,710,916
Number Of Analyst Opinions 3
Open 1.39
Operating Cashflow -25,353,000
Operating Margins 0.0
Payout Ratio 0.0
Phone 415 506 8462
Post Market Change -0.0431
Post Market Change Percent -3.0352113
Post Market Price 1.3769
Post Market Time 1,783,981,601
Prev Name Second Sight Medical Products, Inc.
Previous Close 1.36
Price Hint 4
Price To Book 6.311111
Profit Margins 0.0
Quick Ratio 3.018
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.33333
Region US
Regular Market Change 0.0599999
Regular Market Change Percent 4.41176
Regular Market Day High 1.48
Regular Market Day Low 1.34
Regular Market Day Range 1.34 - 1.48
Regular Market Open 1.39
Regular Market Previous Close 1.36
Regular Market Price 1.42
Regular Market Time 1,783,972,800
Regular Market Volume 626,375
Return On Assets -0.44689
Return On Equity -1.76411
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 86,235,104
Shares Percent Shares Out 0.005
Shares Short 432,659
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 335,967
Short Name Vivani Medical, Inc.
Short Percent Of Float 0.01
Short Ratio 2.61
Source Interval 15
State CA
Symbol VANI
Target High Price 4.0
Target Low Price 3.5
Target Mean Price 3.83333
Target Median Price 4.0
Total Cash 19,749,000
Total Cash Per Share 0.229
Total Debt 18,275,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.4
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.310015
Two Hundred Day Average Change 0.109984994
Two Hundred Day Average Change Percent 0.08395705
Type Disp Equity
Volume 626,375
Website https://www.vivani.com
Zip 94,502