Aclarion Inc logo

Aclarion Inc(ACON)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$1.93
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ACON

10/23/2026: ACON (1-star) is currently NOT-A-BUY. Pass it for now.

Aclarion Inc is a healthcare technology firm specializing in diagnostic software for chronic lower back pain. The company's main strength is its proprietary Nociscan platform, which adds data-driven insights to standard MRI imaging to assist surgeons. Its primary growth opportunity lies in increasing physician adoption and securing insurance reimbursement for its diagnostic services. However, the company faces significant risks from stiff competition, limited financial history, and the execution challenge of changing surgeon workflows. Aclarion may suit growth-oriented investors with a high risk tolerance who are monitoring key developments in insurance reimbursement and clinical adoption rates as markers of long-term commercial potential.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers speculative growth potential in the health-tech space but currently lacks established scale.
Momentum investorWeak fitMomentum is generally low for this stock unless significant clinical or reimbursement breakthroughs drive market interest.
Value investorWeak fitThe company is not currently profitable, making traditional valuation metrics less applicable.
Dividend investorWeak fitThe company does not pay a dividend.
Low-risk investorWeak fitThe stock carries high risk due to its developmental nature and limited financial cushion.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighSmall-cap biotech/health-tech stocks often see large price swings on news of clinical progress or funding.
Valuation riskHighInvestors may struggle to find a valuation floor when revenues are not yet covering operational costs.
Competition risk (MedTech)HighIncumbent players have massive scale and existing relationships that can marginalize new diagnostic entries.
Business qualityMediumThe business model is innovative but still needs to prove long-term commercial sustainability.
Dividend incomeLow / noneThis is a growth-stage company that does not distribute cash to shareholders.
Execution riskHighSuccess relies heavily on convincing doctors to change their diagnostic workflow.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -54.35%
Avg. Invested days 13
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ACON receives a 2-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
ACON has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, strong revenue growth (+65.6%) is partially offset by slightly negative earnings growth (-3.4%), weak cash generation (FCF margin -9488.6%), weak profitability (net margin -9551.9%).

Financial Health Rating

★★★★★
ACON's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 84.5%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is ACON's strongest growth driver at +65.6% FY2025 versus FY2024 (strong, 5 stars). By comparison, while earnings growth (-3.4%, slightly negative) and free-cash-flow growth (-28.5%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 4.0% and approximately 87.4% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 23.98% supports management-shareholder alignment.

Top 5 Institutional Investors

Bridgeway Capital Management, LLC 0.68%
CapTrust Financial Advisors 0.59%
Vanguard Fiduciary Trust Co 0.56%
Susquehanna International Group, LLP 0.53%
Geode Capital Management, LLC 0.42%

Unit Economics (Per $1K Revenue)

★★★★★
ACON generates approximately $-2,913 of gross profit, $-93,125 of operating income, and $-94,886 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
ACON has a liquid profile. Weak momentum is the primary drawback, while soft valuation.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 5.58M USD
Price to earnings Ratio -
1Y Target Price 7.62
Price to earnings Ratio -
1Y Target Price 7.62
Volume (30-day avg) 35.3K shares
Beta 1.21
52 Weeks Range 1.85 - 9.36
Updated Date 10/23/2026
52 Weeks Range 1.85 - 9.36
Updated Date 10/23/2026
Dividends yield (FY) -
Basic EPS (TTM) -7.38

How Company Makes Money

Business areaWhat it includesRetail investor read
Diagnostic Software (Nociscan)Revenue generated from the usage of software tools that assist in lumbar disc diagnosis.Revenue depends on how many surgeons and facilities choose to use the company's software on their patients.
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Valuation

Trailing PE -
Forward PE -
Enterprise Value -8.70M
Price to Sales(TTM) 66.58
Enterprise Value -8.70M
Price to Sales(TTM) 66.58
Enterprise Value to Revenue 79.58
Enterprise Value to EBITDA -0.56
Shares Outstanding 2.88M
Shares Floating 2.52M
Shares Outstanding 2.88M
Shares Floating 2.52M
Percent Insiders 23.98
Percent Institutions 4

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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