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HSCS
Upturn stock ratingUpturn stock rating

Heart Test Laboratories Inc. Common Stock (HSCS)

Upturn stock ratingUpturn stock rating
$3.5
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

08/14/2025: HSCS (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $13.5

1 Year Target Price $13.5

Analysts Price Target For last 52 week
$13.5 Target price
52w Low $2.36
Current$3.5
52w High $6.47

Analysis of Past Performance

Type Stock
Historic Profit -61.49%
Avg. Invested days 17
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 7.85M USD
Price to earnings Ratio -
1Y Target Price 13.5
Price to earnings Ratio -
1Y Target Price 13.5
Volume (30-day avg) 2
Beta 2.58
52 Weeks Range 2.36 - 6.47
Updated Date 08/15/2025
52 Weeks Range 2.36 - 6.47
Updated Date 08/15/2025
Dividends yield (FY) -
Basic EPS (TTM) -9.34

Earnings Date

Report Date 2025-07-24
When -
Estimate -0.03
Actual -1.96

Profitability

Profit Margin -
Operating Margin (TTM) -44147.1%

Management Effectiveness

Return on Assets (TTM) -76.07%
Return on Equity (TTM) -233.04%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 9742361
Price to Sales(TTM) 1805.72
Enterprise Value 9742361
Price to Sales(TTM) 1805.72
Enterprise Value to Revenue 2239.62
Enterprise Value to EBITDA -0.14
Shares Outstanding 2244250
Shares Floating 1861590
Shares Outstanding 2244250
Shares Floating 1861590
Percent Insiders 4.13
Percent Institutions 1.54

ai summary icon Upturn AI SWOT

Heart Test Laboratories Inc. Common Stock

stock logo

Company Overview

overview logo History and Background

Heart Test Laboratories, Inc. (HSCS) is a medical technology company focused on preventing heart attacks through early detection using a patented, non-invasive, AI-driven diagnostic tool. The company was incorporated in 2016 and is headquartered in Southlake, Texas.

business area logo Core Business Areas

  • MyoVistau00ae: The MyoVistau00ae is a resting 12-lead ECG that combines advanced signal processing techniques with AI to detect subtle changes in the heart's electrical activity, potentially identifying at-risk patients earlier than traditional ECGs. The MyoVista is the main product of the company and the company is looking to expand on its capabilities.

leadership logo Leadership and Structure

Andrew Simpson serves as the Chief Executive Officer. The company is structured with a Board of Directors overseeing management.

Top Products and Market Share

overview logo Key Offerings

  • MyoVistau00ae: The MyoVistau00ae is a resting 12-lead ECG that uses AI to detect potential heart issues early. Market share is still small as the company is in the early stages of commercialization. Competitors include established ECG manufacturers such as GE Healthcare, Philips, and Nihon Kohden, as well as emerging companies focusing on AI-enhanced cardiac diagnostics.

Market Dynamics

industry overview logo Industry Overview

The cardiovascular diagnostics market is experiencing growth driven by the increasing prevalence of heart disease and advancements in technology, particularly AI and machine learning. There is a growing demand for non-invasive and early detection methods.

Positioning

Heart Test Laboratories Inc. is positioned as an innovator in the cardiac diagnostics space, offering a non-invasive AI-powered solution for early heart disease detection. Its competitive advantage lies in its patented technology and focus on preventive care.

Total Addressable Market (TAM)

The global cardiac monitoring & diagnostic devices market is estimated to be multi-billion dollar market. Heart Test Laboratories Inc. targets a portion of this market by focusing on the early detection and prevention segment. HSCS aims to capture significant market share through the MyoVista's advanced AI capabilities.

Upturn SWOT Analysis

Strengths

  • Patented AI-driven technology
  • Non-invasive diagnostic tool
  • Focus on early heart disease detection
  • Potential for cost savings through preventive care

Weaknesses

  • Limited commercialization to date
  • Dependence on single product (MyoVistau00ae)
  • Requires significant capital for marketing and sales expansion
  • Limited data to support improved patient outcomes

Opportunities

  • Partnerships with healthcare providers and insurance companies
  • Expansion into international markets
  • Development of new AI-driven diagnostic tools
  • Increased awareness of preventive cardiology

Threats

  • Competition from established medical device companies
  • Regulatory hurdles and approval processes
  • Reimbursement challenges from insurance providers
  • Potential for technological obsolescence

Competitors and Market Share

competitor logo Key Competitors

  • GE (GE)
  • Philips (PHG)
  • Nihon Kohden (6849.T)

Competitive Landscape

Heart Test Laboratories Inc. is a smaller player in a market dominated by established medical device companies. Its competitive advantage lies in its AI-driven technology, but it faces challenges in terms of market access and brand recognition.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is limited given the company's early stage. Focus on recent sales data and market penetration.

Future Projections: Future growth depends on successful commercialization of the MyoVistau00ae, expansion into new markets, and strategic partnerships. Analyst estimates should be reviewed regularly.

Recent Initiatives: Recent initiatives may include marketing campaigns, partnerships with healthcare providers, and regulatory approvals.

Summary

Heart Test Laboratories Inc. is a very young company with innovative AI technology for early heart disease detection. The company's success relies on commercializing its MyoVistau00ae product, securing partnerships, and navigating regulatory hurdles. Capital needs to be raised for market entry. The company needs to be mindful of strong competitors in the space.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC filings
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investors should conduct their own due diligence before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Heart Test Laboratories Inc. Common Stock

Exchange NASDAQ
Headquaters Southlake, TX, United States
IPO Launch date 2022-06-15
CEO, President & Chairman of the Board of Directors Mr. Andrew Simpson
Sector Healthcare
Industry Medical Devices
Full time employees 15
Full time employees 15

HeartSciences Inc., a medical technology company, focuses on applying AI-based technology to an ECG to expand and improve clinical usefulness. It develops artificial intelligence-enhanced electrocardiography (AI-ECG) solutions, an algorithm to detect impaired cardiac relaxation or cardiac dysfunction caused by heart disease and/or age-related cardiac dysfunction; MyoVista wavECG device, a resting 12-lead ECG that provides diagnostic information related to cardiac dysfunction, as well as conventional ECG information in the same test; and MyoVista Insights, a cloud-based platform to host AI-ECG algorithms on an ECG hardware agnostic basis. The company was formerly known as Heart Test Laboratories, Inc. and changed its name to HeartSciences Inc. in October 2024. HeartSciences Inc. was incorporated in 2007 and is headquartered in Southlake, Texas.