Heartflow, Inc.'s Quiet Period Will End on September 17th (NASDAQ:HTFL)

Key Points

• Heartflow, Inc.'s quiet period will end on September 17th, allowing underwriters to initiate research coverage on the company following its IPO on August 8th.
• Analysts have rated Heartflow stock with four "Buy" ratings and two "Hold" ratings, leading to a consensus rating of "Moderate Buy" with a price target of $35.80.
• As of the latest market report, Heartflow's stock is trading at $34.70, with a one-year price range between $26.56 and $36.68.

Heartflow's (NASDAQ:HTFL - Get Free Report) quiet period is set to expire on Wednesday, September 17th. Heartflow had issued 16,666,667 shares in its initial public offering on August 8th. The total size of the offering was $316,666,673 based on an initial share price of $19.00. During Heartflow's quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the expiration of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Analyst Upgrades and Downgrades

HTFL has been the topic of several analyst reports. Piper Sandler initiated coverage on Heartflow in a report on Tuesday, September 2nd. They issued an "overweight" rating and a $38.00 target price on the stock. Zacks Research upgraded shares of Heartflow to a "hold" rating in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. began coverage on shares of Heartflow in a research note on Tuesday, September 2nd. They set an "overweight" rating and a $36.00 price objective for the company. Morgan Stanley initiated coverage on Heartflow in a research report on Tuesday, September 2nd. They issued an "equal weight" rating and a $35.00 price objective on the stock. Finally, Wall Street Zen raised Heartflow to a "hold" rating in a report on Saturday, August 16th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.80.

Heartflow Stock Up 0.6%

HTFL stock opened at $34.70 on Wednesday. Heartflow has a 1 year low of $26.56 and a 1 year high of $36.68.

About Heartflow

We have pioneered the use of software and AI to deliver a more accurate and clinically effective non-invasive solution for diagnosing and managing coronary artery disease (“CAD”), a leading cause of death worldwide. As of March 31, 2025, our Heartflow Platform has been used to assess CAD in more than 400,000 patients, including 132,000 in 2024 alone.

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