Hyperfine (HYPR) to Release Quarterly Earnings on Tuesday

Hyperfine (NASDAQ:HYPR - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Tuesday, May 13th. Analysts expect Hyperfine to post earnings of ($0.12) per share and revenue of $2.82 million for the quarter. Hyperfine has set its FY 2025 guidance at EPS.

Hyperfine (NASDAQ:HYPR - Get Free Report) last released its earnings results on Monday, March 17th. The company reported ($0.14) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.02. The business had revenue of $2.32 million during the quarter, compared to analysts' expectations of $2.30 million. Hyperfine had a negative net margin of 309.42% and a negative return on equity of 57.54%. During the same quarter in the previous year, the company earned ($0.15) earnings per share. On average, analysts expect Hyperfine to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Hyperfine Trading Up 3.5 %

HYPR stock traded up $0.03 during midday trading on Friday, reaching $0.74. The stock had a trading volume of 776,586 shares, compared to its average volume of 392,765. The company has a market cap of $57.93 million, a price-to-earnings ratio of -1.31 and a beta of 1.04. Hyperfine has a 52-week low of $0.58 and a 52-week high of $1.90. The company's fifty day simple moving average is $0.77 and its 200 day simple moving average is $0.93.

Wall Street Analyst Weigh In

Several analysts have recently commented on HYPR shares. Lake Street Capital assumed coverage on shares of Hyperfine in a research report on Monday, March 24th. They set a "buy" rating and a $1.50 price target on the stock. B. Riley decreased their price target on Hyperfine from $1.50 to $1.20 and set a "buy" rating on the stock in a research note on Thursday, March 20th. Finally, Wells Fargo & Company raised their price objective on Hyperfine from $1.10 to $1.29 and gave the stock an "equal weight" rating in a research report on Tuesday, March 18th.

About Hyperfine

Hyperfine, Inc, a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors.