NASDAQ:CLPT

ClearPoint Neuro (CLPT) Stock Price, News & Analysis

$6.01
+0.16 (+2.74%)
(As of 05/14/2024 ET)
Today's Range
$5.89
$6.02
50-Day Range
$5.26
$7.21
52-Week Range
$4.05
$9.29
Volume
125,706 shs
Average Volume
143,008 shs
Market Capitalization
$164.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.00

ClearPoint Neuro MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
99.7% Upside
$12.00 Price Target
Short Interest
Bearish
4.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of ClearPoint Neuro in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.63) to ($0.58) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.76 out of 5 stars

Medical Sector

2016th out of 2,771 stocks

Surgical & Medical Instruments Industry

226th out of 300 stocks

CLPT stock logo

About ClearPoint Neuro Stock (NASDAQ:CLPT)

ClearPoint Neuro, Inc. operates as a medical device company primarily in the United States. It develops and commercializes platforms for performing minimally invasive surgical procedures in the brain under magnetic resonance imaging guided interventions. The company offers ClearPoint system, an integrated system for the insertion of deep brain stimulation electrodes, biopsy needles, and laser catheters, as well as the infusion of pharmaceuticals into the brain. It has license and collaboration agreement with Clinical Laserthermia Systems AB; license and research agreement with Koninklijke Philips N.V., UCB Biopharma SRL, and University of California and San Francisco; and development and license agreement with NE Scientific, LLC. The company was formerly known as MRI Interventions, Inc. and changed its name to ClearPoint Neuro, Inc. in February 2020. ClearPoint Neuro, Inc. was incorporated in 1998 and is headquartered in Solana Beach, California.

CLPT Stock Price History

CLPT Stock News Headlines

ClearPoint Neuro (CLPT) to Release Earnings on Tuesday
The 3 Most Promising MedTech Stocks to Invest In Now
Earnings Outlook For ClearPoint Neuro
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
5/14/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:CLPT
Employees
107
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$15.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+101.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-22,090,000.00
Pretax Margin
-78.84%

Debt

Sales & Book Value

Annual Sales
$23.95 million
Book Value
$0.86 per share

Miscellaneous

Free Float
25,745,000
Market Cap
$163.15 million
Optionable
Optionable
Beta
0.97
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CLPT Stock Analysis - Frequently Asked Questions

Should I buy or sell ClearPoint Neuro stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ClearPoint Neuro in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CLPT shares.
View CLPT analyst ratings
or view top-rated stocks.

What is ClearPoint Neuro's stock price target for 2024?

3 brokerages have issued 1 year price objectives for ClearPoint Neuro's shares. Their CLPT share price targets range from $9.00 to $15.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 99.7% from the stock's current price.
View analysts price targets for CLPT
or view top-rated stocks among Wall Street analysts.

How have CLPT shares performed in 2024?

ClearPoint Neuro's stock was trading at $6.79 at the beginning of 2024. Since then, CLPT shares have decreased by 11.5% and is now trading at $6.01.
View the best growth stocks for 2024 here
.

When is ClearPoint Neuro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our CLPT earnings forecast
.

How were ClearPoint Neuro's earnings last quarter?

ClearPoint Neuro, Inc. (NASDAQ:CLPT) released its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.19) EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.03. The firm had revenue of $6.81 million for the quarter, compared to analysts' expectations of $6.40 million. ClearPoint Neuro had a negative net margin of 78.84% and a negative trailing twelve-month return on equity of 76.92%.

What guidance has ClearPoint Neuro issued on next quarter's earnings?

ClearPoint Neuro issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $28.0 million-$32.0 million, compared to the consensus revenue estimate of $30.3 million.

Who are ClearPoint Neuro's major shareholders?

ClearPoint Neuro's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Taylor Frigon Capital Management LLC (1.57%), CM Management LLC (1.37%), Essex Investment Management Co. LLC (1.22%), Russell Investments Group Ltd. (0.17%) and Concourse Financial Group Securities Inc. (0.00%).
View institutional ownership trends
.

How do I buy shares of ClearPoint Neuro?

Shares of CLPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CLPT) was last updated on 5/14/2024 by MarketBeat.com Staff

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