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Upturn AI Summary - About
Pulse Biosciences Inc(PLSE)
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 PLSE
10/12/2026: PLSE (1-star) is currently NOT-A-BUY. Pass it for now.
Pulse Biosciences is a clinical-stage medical device company specializing in Nanosecond Pulsed Field Ablation (nsPFA) technology. Its primary strength lies in this proprietary platform, which has shown promise in treating both dermatological conditions and, more recently, cardiac arrhythmias. The primary growth story centers on successfully penetrating the vast cardiac surgery market, which offers significant long-term potential. However, the company faces substantial risks, including fierce competition from well-established industry giants, the need for continued regulatory success, and high execution hurdles. This stock is best suited for growth-oriented investors with high risk tolerance who are closely monitoring clinical trial milestones and commercial adoption progress.
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-risk, high-reward exposure to an emerging medical technology platform. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit high momentum during periods of positive clinical data or regulatory progress. |
| Value investor | Weak fit | The company is not currently profitable, making traditional valuation metrics inapplicable. |
| Dividend investor | Weak fit | There is no dividend history or expectation of payouts in the near future. |
| Low-risk investor | Weak fit | Significant business, regulatory, and financial risks make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Speculative nature and low market capitalization lead to frequent and sharp price swings. |
| Valuation risk | High | Difficult to value without sustained revenue or profitability. |
| Competition risk (Medical Technology) | High | Directly competes against well-entrenched industry leaders with greater resources. |
| Business quality | Medium | The technology is promising, but the business is still in a nascent development stage. |
| Dividend income | Low / none | No income potential exists for investors. |
| Execution risk | High | Success depends heavily on complex regulatory approvals and clinical trial results. |
Price Behavior
Hockey-Stick Growth
The stock demonstrates a Hockey-Stick Growth price path pattern.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -25.28% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/12/2026 |
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 Mid-Cap Stock | Market Capitalization 3.84B USD | Price to earnings Ratio - | 1Y Target Price 56.5 |
Price to earnings Ratio - | 1Y Target Price 56.5 | ||
Volume (30-day avg) 627.7K shares | Beta 1.57 | 52 Weeks Range 12.56 - 58.90 | Updated Date 10/11/2026 |
52 Weeks Range 12.56 - 58.90 | Updated Date 10/11/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.18 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| CellFX System Sales | Sale of the CellFX console and single-use delivery devices for dermatological procedures. | Revenue is earned from selling medical equipment and the associated consumable tips required for each procedure. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 3.61B | Price to Sales(TTM) 3238.71 |
Enterprise Value 3.61B | Price to Sales(TTM) 3238.71 | ||
Enterprise Value to Revenue 3043.71 | Enterprise Value to EBITDA -1.81 | Shares Outstanding 71.32M | Shares Floating 20.65M |
Shares Outstanding 71.32M | Shares Floating 20.65M | ||
Percent Insiders 71.05 | Percent Institutions 15.42 |
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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