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Upturn AI Summary - About
Heartbeam Inc(BEAT)
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)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BEAT
11/02/2026: BEAT (1-star) is currently NOT-A-BUY. Pass it for now.
Heartbeam Inc is a digital health company focused on delivering advanced remote cardiac monitoring through its proprietary 3D-vector ECG platform. The company's primary strength lies in its specialized, hospital-grade diagnostic technology which seeks to fill a gap in ambulatory heart monitoring. Its main growth story centers on successfully commercializing the HeartBeam AIM platform and securing insurance reimbursement. However, the company faces significant execution and competition risks, and currently operates with limited revenue. As a pre-commercial stage growth stock, it is best suited for speculative investors who monitor clinical validation and commercial adoption milestones closely. It does not pay dividends and carries inherent volatility.
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 style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high growth potential in the digital health space but comes with significant early-stage execution and financial risks. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may find opportunities during periods of strong price appreciation driven by clinical, regulatory, or partnership news. |
| Value investor | Weak fit | The lack of earnings and cash flow makes it a poor fit for traditional value-based valuation metrics. |
| Dividend investor | Weak fit | The company does not pay a dividend and focuses entirely on cash-intensive growth. |
| Low-risk investor | Weak fit | High volatility and the risks associated with pre-commercial/early-commercial medical technology make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Small-cap biotech stocks frequently experience significant price swings based on news and market sentiment. |
| Valuation risk | Medium / high | Without stable earnings, valuation is speculative and highly sensitive to growth assumptions. |
| Competition risk (Digital health/Remote monitoring) | High | Heartbeam faces established, well-capitalized competitors with strong clinical reputations. |
| Business quality | Medium | The platform shows technical promise, but it has not yet proven its ability to scale profitably. |
| Dividend income | Low / none | The company does not offer dividend income to investors. |
| Execution risk | High | Success depends on clinical adoption, reimbursement, and effective go-to-market execution. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -45.71% | Avg. Invested days 18 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 30.99M USD | Price to earnings Ratio - | 1Y Target Price 3.5 |
Price to earnings Ratio - | 1Y Target Price 3.5 | ||
Volume (30-day avg) 15.5M shares | Beta -0.77 | 52 Weeks Range 0.35 - 4.00 | Updated Date 11/01/2026 |
52 Weeks Range 0.35 - 4.00 | Updated Date 11/01/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.5 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Cardiac Monitoring Services | Subscription-based services and proprietary device usage fees for remote patient ECG analysis. | Revenue will be driven by the adoption of their diagnostic platform by physicians and insurance reimbursement. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 22.50M | Price to Sales(TTM) - |
Enterprise Value 22.50M | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -2.99 | Shares Outstanding 56.35M | Shares Floating 43.67M |
Shares Outstanding 56.35M | Shares Floating 43.67M | ||
Percent Insiders 19.57 | Percent Institutions 14.66 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
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)
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)
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)
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)
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)
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)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
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)
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)
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)
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)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
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)
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)
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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