ClearPoint Neuro Inc

ClearPoint Neuro Inc Stock Forecast & Price Prediction

Live ClearPoint Neuro Inc Stock (CLPT) Price
$11.84

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$11.84

P/E Ratio

-14.44

Volume Traded Today

$108,220

Dividend

Dividends not available for CLPT

52 Week High/low

13.27/4.05

ClearPoint Neuro Inc Market Cap

$351.8M

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CLPT Summary

Based on ratings from 0 stock analysts, the ClearPoint Neuro Inc stock price is expected to decrease by 0.08% in 12 months. This is calculated by using the average 12-month stock price forecast for ClearPoint Neuro Inc. The lowest target is $10 and the highest is $15. Please note analyst price targets are not guaranteed and could be missed completely.

CLPT Analyst Ratings

About 0 Wall Street analysts have assignedCLPT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect ClearPoint Neuro Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CLPT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CLPT stock forecast by analyst

These are the latest 20 analyst ratings of CLPT.

Analyst/Firm

Rating

Price Target

Change

Date

Frank Takkinen
Lake Street

Buy

$15

Maintains

Aug 27, 2024
Mathew Blackman
Stifel

Buy

$9

Reiterates

Mar 13, 2024
Mathew Blackman
Stifel

Buy

$8

Initiates

Oct 24, 2023
Frank Takkinen
Lake Street

Buy

$15

Maintains

Aug 9, 2023
Neil Chatterji
B. Riley Securities

Buy

$14

Reinstates

Feb 16, 2023
Marc Wiesenberger
B. Riley Securities

Buy

$15

Reinstates

Apr 5, 2022
Frank Takkinen
Lake Street

Buy

$32

Initiates

Mar 18, 2021

B. Riley Securities

Buy


Initiates

Jul 17, 2020

CLPT Company Information

  • Industry: Medical device company focused on brain surgery technologies.
  • Primary Operations: Based in the United States, specializing in minimally invasive surgical procedures.
  • Key Product: ClearPoint system, which integrates various tools for brain interventions.
  • Functions of ClearPoint System:
    • Inserting deep brain stimulation electrodes.
    • Utilizing biopsy needles.
    • Employing laser catheters.
    • Infusing pharmaceuticals directly into the brain.
  • Collaborations: Engages in multiple agreements with notable organizations including Clinical Laserthermia Systems AB, Koninklijke Philips N.V., UCB Biopharma SRL, and the University of California, San Francisco.
  • Company History: Originally known as MRI Interventions, Inc.; rebranded to ClearPoint Neuro, Inc. in February 2020.
  • Incorporation: Established in 1998, headquartered in Solana Beach, California.
CLPT
ClearPoint Neuro Inc (CLPT)

When did it IPO

N/A

Staff Count

107

Country

United States

Sector/Industry

Healthcare/Medical Devices

CEO

Mr. Joseph Michael Burnett

Market Cap

$351.8M

ClearPoint Neuro Inc (CLPT) Financial Data

In 2023, CLPT generated $24.0M in revenue, which was a increase of 16.56% from the previous year. This can be seen as a signal that CLPT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$12.8M

Revenue From 2021

$16.3M

27.05 %
From Previous Year

Revenue From 2022

$20.6M

26.09 %
From Previous Year

Revenue From 2023

$24.0M

16.56 %
From Previous Year
  • Revenue TTM $28.1M
  • Operating Margin TTM -60.3%
  • Gross profit TTM $13.6M
  • Return on assets TTM -23.2%
  • Return on equity TTM -60.4%
  • Profit Margin -64.1%
  • Book Value Per Share 1.17%
  • Market capitalisation $351.8M
  • Revenue for 2021 $16.3M
  • Revenue for 2022 $20.6M
  • Revenue for 2023 $24.0M
  • EPS this year (TTM) $-0.70

ClearPoint Neuro Inc (CLPT) Latest News

News Image

Mon, 26 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - ClearPoint Neuro clears all debt from balance sheet after early repayment of principal & interest on $10 million convertible note held by PTC Therapeutics

News Image

Wed, 14 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - ClearPoint's business is gaining momentum, with recent growth investments starting to pay off. Growth in system placements is an early indication of the potential boost that the OR system and laser therapy will provide. ClearPoint's biologics business also continues to progress. This was highlighted recently by uniQure's solid clinical trial data.

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - ClearPoint Neuro, Inc. (NASDAQ:CLPT ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Joe Burnett - CEO Danilo D'Alessandro - CFO Conference Call Participants Frank Takkinen - Lake Street Capital Kyle Bauser - B. Riley Emily Christy - Stifel Operator Greetings, and welcome to the ClearPoint Neuro, Inc. Second Quarter 2024 Financial Results Conference Call.

News Image

Wed, 07 Aug 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - ClearPoint Neuro, Inc. (CLPT) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to loss of $0.29 per share a year ago.

News Image

Thu, 08 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - ClearPoint Neuro is an industry leader in providing tools for minimally invasive brain surgeries, neurosurgical laser therapy, and drug delivery to the brain. The company has established a deep moat by working with partners early in clinical work, making its products part of FDA submissions. Continuous growth is expected through partner programs, consulting fees, and possible royalties and milestone payments.

News Image

Wed, 31 Jul 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - ClearPoint Neuro (CLPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

...

CLPT Frequently asked questions

The highest forecasted price for CLPT is $15 from Marc Wiesenberger at B. Riley Securities.

The lowest forecasted price for CLPT is $10 from from

The CLPT analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.