NASDAQ:CLPT

ClearPoint Neuro (CLPT) Stock Price, News & Analysis

$5.50
-0.01 (-0.18%)
(As of 04/23/2024 ET)
Today's Range
$5.43
$5.63
50-Day Range
$5.33
$7.86
52-Week Range
$4.05
$10.80
Volume
55,240 shs
Average Volume
146,331 shs
Market Capitalization
$148.89 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
118.2% Upside
$12.00 Price Target
Short Interest
Healthy
4.73% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.89mentions of ClearPoint Neuro in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.75) to ($0.71) 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.

2.22 out of 5 stars

Medical Sector

520th out of 910 stocks

Surgical & Medical Instruments Industry

59th out of 95 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

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Earnings Outlook For ClearPoint Neuro
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ClearPoint Neuro, Inc. (CLPT)
See More Headlines
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Company Calendar

Last Earnings
3/12/2024
Today
4/23/2024
Next Earnings (Estimated)
5/09/2024
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
+117.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-22,090,000.00
Pretax Margin
-92.21%

Debt

Sales & Book Value

Annual Sales
$23.95 million
Book Value
$0.86 per share

Miscellaneous

Free Float
25,416,000
Market Cap
$149.16 million
Optionable
Optionable
Beta
0.89
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CLPT Stock Analysis - Frequently Asked Questions

Should I buy or sell ClearPoint Neuro stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ClearPoint Neuro in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research 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 12 month price targets for ClearPoint Neuro's shares. Their CLPT share price targets range from $9.00 to $15.00. On average, they predict the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 118.2% 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 stock has decreased by 19.0% and is now trading at $5.50.
View the best growth stocks for 2024 here
.

Are investors shorting ClearPoint Neuro?

ClearPoint Neuro saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,280,000 shares, a decrease of 8.6% from the March 15th total of 1,400,000 shares. Based on an average trading volume of 152,300 shares, the days-to-cover ratio is presently 8.4 days.
View ClearPoint Neuro's Short Interest
.

When is ClearPoint Neuro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CLPT earnings forecast
.

How were ClearPoint Neuro's earnings last quarter?

ClearPoint Neuro, Inc. (NASDAQ:CLPT) announced its earnings results on Tuesday, March, 12th. The company reported ($0.19) EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.03. The business earned $6.81 million during the quarter, compared to analyst estimates of $6.40 million. ClearPoint Neuro had a negative net margin of 92.21% and a negative trailing twelve-month return on equity of 83.94%.

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

ClearPoint Neuro updated its FY 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share (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 $30.4 million.

Who are ClearPoint Neuro's major shareholders?

ClearPoint Neuro's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Taylor Frigon Capital Management LLC (1.57%).
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 4/23/2024 by MarketBeat.com Staff

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