Heartflow (NASDAQ:HTFL) Trading 5.5% Higher - What's Next?

Key Points

• Heartflow's stock price increased by 5.5% to $38.65, although trading volume was down by 45% compared to its average.
• Multiple analysts have provided positive ratings and revised price targets, with an average target of $36.60 and four analysts rating the stock as a Buy.
• Heartflow reported disappointing earnings with an EPS of ($1.46), significantly missing analysts' expectations, despite revenue surpassing those expectations.

Heartflow, Inc. (NASDAQ:HTFL - Get Free Report) rose 5.5% on Wednesday . The stock traded as high as $38.87 and last traded at $38.65. Approximately 242,114 shares were traded during trading, a decline of 45% from the average daily volume of 442,656 shares. The stock had previously closed at $36.64.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Piper Sandler assumed coverage on Heartflow in a research report on Tuesday, September 2nd. They set an "overweight" rating and a $38.00 price objective for the company. Zacks Research raised shares of Heartflow to a "hold" rating in a research report on Wednesday, September 3rd. Wall Street Zen raised shares of Heartflow to a "hold" rating in a report on Saturday, August 16th. Canaccord Genuity Group increased their price target on shares of Heartflow from $35.00 to $39.00 and gave the stock a "buy" rating in a research report on Monday, September 22nd. Finally, JPMorgan Chase & Co. began coverage on Heartflow in a research report on Tuesday, September 2nd. They set an "overweight" rating and a $36.00 target price for the company. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Heartflow has an average rating of "Moderate Buy" and an average price target of $36.60.

Heartflow Stock Performance

The business's 50-day moving average price is $33.15.

Heartflow (NASDAQ:HTFL - Get Free Report) last announced its quarterly earnings results on Friday, September 19th. The company reported ($1.46) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by ($1.26). The company had revenue of $43.42 million during the quarter, compared to analysts' expectations of $43.20 million.

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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