NASDAQ:LUNG

Pulmonx (LUNG) Stock Price, News & Analysis

$9.82
+0.44 (+4.69%)
(As of 05/3/2024 ET)
Today's Range
$9.55
$9.89
50-Day Range
$7.28
$10.39
52-Week Range
$7.11
$14.84
Volume
999,827 shs
Average Volume
562,070 shs
Market Capitalization
$378.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.33

Pulmonx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
66.3% Upside
$16.33 Price Target
Short Interest
Healthy
4.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Pulmonx in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$469,012 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

3.14 out of 5 stars

Medical Sector

332nd out of 904 stocks

Surgical & Medical Instruments Industry

44th out of 96 stocks

LUNG stock logo

About Pulmonx Stock (NASDAQ:LUNG)

Pulmonx Corporation, a commercial-stage medical technology company, provides minimally invasive devices for the treatment of chronic obstructive pulmonary diseases. The company offers Zephyr Endobronchial Valve, a solution for the treatment of patients with hyperinflation associated with severe emphysema; and Chartis Pulmonary Assessment System, a balloon catheter and console system with flow and pressure sensors that are used to assess the presence of collateral ventilation. It also offers StratX Lung Analysis Platform, a cloud-based quantitative computed tomography analysis service that offers information on emphysema destruction, fissure completeness, and lobar volume to help identify target lobes for the treatment with Zephyr Valves. The company serves emphysema patients in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company was formerly known as Pulmonx and changed its name to Pulmonx Corporation in December 2013. Pulmonx Corporation was incorporated in 1995 and is headquartered in Redwood City, California.

LUNG Stock Price History

LUNG Stock News Headlines

The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
Pulmonx Surge After Strong 1Q Performance
Q1 2024 Pulmonx Corp Earnings Call
The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
Navigating 6 Analyst Ratings For Pulmonx
Pulmonx Taps Mehul Joshi as Finance Chief
LUNG Apr 2024 12.500 call
LUNG Apr 2024 7.500 put
LUNG May 2024 7.500 put
LUNG Aug 2024 10.000 put
LUNG Apr 2024 10.000 call
LUNG Aug 2024 20.000 call
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/05/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:LUNG
Fax
N/A
Employees
279
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.33
High Stock Price Target
$18.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+66.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-60,840,000.00
Pretax Margin
-87.76%

Debt

Sales & Book Value

Annual Sales
$68.68 million
Book Value
$3.09 per share

Miscellaneous

Free Float
36,340,000
Market Cap
$378.46 million
Optionable
Optionable
Beta
0.66
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LUNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Pulmonx stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pulmonx in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LUNG shares.
View LUNG analyst ratings
or view top-rated stocks.

What is Pulmonx's stock price target for 2024?

6 analysts have issued twelve-month price targets for Pulmonx's shares. Their LUNG share price targets range from $14.00 to $18.00. On average, they anticipate the company's stock price to reach $16.33 in the next year. This suggests a possible upside of 66.3% from the stock's current price.
View analysts price targets for LUNG
or view top-rated stocks among Wall Street analysts.

How have LUNG shares performed in 2024?

Pulmonx's stock was trading at $12.75 at the start of the year. Since then, LUNG shares have decreased by 23.0% and is now trading at $9.82.
View the best growth stocks for 2024 here
.

Are investors shorting Pulmonx?

Pulmonx saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,730,000 shares, an increase of 53.1% from the March 31st total of 1,130,000 shares. Based on an average daily volume of 557,800 shares, the days-to-cover ratio is presently 3.1 days. Currently, 5.0% of the company's stock are short sold.
View Pulmonx's Short Interest
.

When is Pulmonx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our LUNG earnings forecast
.

How were Pulmonx's earnings last quarter?

Pulmonx Co. (NASDAQ:LUNG) announced its quarterly earnings results on Wednesday, May, 1st. The company reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.43) by $0.07. The firm earned $18.85 million during the quarter, compared to the consensus estimate of $17.54 million. Pulmonx had a negative net margin of 80.46% and a negative trailing twelve-month return on equity of 46.61%. During the same period in the prior year, the company posted ($0.42) EPS.

What guidance has Pulmonx issued on next quarter's earnings?

Pulmonx updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $81.0 million-$84.0 million, compared to the consensus revenue estimate of $82.2 million.

When did Pulmonx IPO?

Pulmonx (LUNG) raised $100 million in an IPO on Thursday, October 1st 2020. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. BofA Securities and Morgan Stanley acted as the underwriters for the IPO and Stifel, Wells Fargo Securities and Canaccord Genuity were co-managers.

Who are Pulmonx's major shareholders?

Pulmonx's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.02%) and Allspring Global Investments Holdings LLC (0.02%). Insiders that own company stock include Alissa Hsu Lynch, Daniel P Florin, David Aaron Lehman, Derrick Sung, Geoffrey Beran Rose, Glendon E French III, John Mckune, Richard Ferrari and Scientific Corp Boston.
View institutional ownership trends
.

How do I buy shares of Pulmonx?

Shares of LUNG 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:LUNG) was last updated on 5/5/2024 by MarketBeat.com Staff

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