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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
10/19/2026: BEAT (1-star) is currently NOT-A-BUY. Pass it for now.
Heartbeam Inc is an early-stage digital health company focused on providing portable, medical-grade 12-lead ECG monitoring for home use. The company’s core strength lies in its proprietary technology, which aims to provide more diagnostic data than standard wearables. Its growth story centers on successfully commercializing the Heartbeam AIM platform and securing insurance reimbursement, which are essential for long-term viability. However, investors face significant execution, valuation, and intense competition from established medical device giants. The stock is a high-risk, high-potential speculative play that is likely unsuitable for income-oriented or low-risk investors, and it requires careful monitoring of regulatory and clinical milestones.
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 but lacks the revenue consistency required for typical growth models. |
| Momentum investor | Weak fit | Momentum is highly dependent on clinical milestones which are subject to high binary risk. |
| Value investor | Weak fit | The company is not currently profitable and does not fit traditional value metrics. |
| Dividend investor | Weak fit | The company is an early-stage venture with no history of dividends. |
| Low-risk investor | Weak fit | The extreme volatility and pre-revenue status make this an unsuitable choice for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to significant price swings based on clinical news and funding developments. |
| Valuation risk | High | Valuation relies on future market success, which is inherently uncertain. |
| Competition risk (Cardiac diagnostics) | High | The company faces well-capitalized incumbents with existing market share. |
| Business quality | Medium | The technological innovation is promising, but the business model is unproven at scale. |
| Dividend income | Low / none | Income generation is not a feature of this investment. |
| Execution risk | High | Success depends on commercial adoption and securing reimbursement. |
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 10/19/2026 |
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 24.57M USD | Price to earnings Ratio - | 1Y Target Price 3.5 |
Price to earnings Ratio - | 1Y Target Price 3.5 | ||
Volume (30-day avg) 15.0M shares | Beta -0.77 | 52 Weeks Range 0.35 - 4.00 | Updated Date 10/18/2026 |
52 Weeks Range 0.35 - 4.00 | Updated Date 10/18/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.5 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Cardiac Monitoring Hardware | Sale of Heartbeam AIM devices for remote monitoring. | Revenue depends on selling diagnostic hardware to clinics and patients. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 53.96M | Price to Sales(TTM) - |
Enterprise Value 53.96M | 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 14.41 |
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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