Envoy Medical, Inc. (COCH)

NASDAQ: COCH · Real-Time Price · USD
2.150
+0.110 (5.39%)
Nov 20, 2024, 4:00 PM EST - Market closed
5.39%
Market Cap 43.53M
Revenue (ttm) 278,000
Net Income (ttm) -25.17M
Shares Out 20.24M
EPS (ttm) -1.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 71,334
Open 2.100
Previous Close 2.040
Day's Range 2.100 - 2.281
52-Week Range 0.890 - 11.460
Beta 2.36
Analysts Strong Buy
Price Target 7.92 (+268.37%)
Earnings Date Nov 14, 2024

About COCH

Envoy Medical, Inc., a hearing health company, focuses on providing medical technologies across the hearing loss spectrum. The company’s medical technologies are designed to shift the paradigm within the hearing industry and bring providers and patients the hearing devices desire. Its products include personal sound amplification devices; hearing aids; Esteem fully implanted active middle ear implants; auditory osseointegrated implants; and Acclaim cochlear implants. The company was formerly known as Envoy Medical Corporation and changed its na... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1995
Employees 34
Stock Exchange NASDAQ
Ticker Symbol COCH
Full Company Profile

Financial Performance

In 2023, Envoy Medical's revenue was $316,000, an increase of 33.33% compared to the previous year's $237,000. Losses were -$29.91 million, 87.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for COCH stock is "Strong Buy." The 12-month stock price forecast is $7.92, which is an increase of 268.37% from the latest price.

Price Target
$7.92
(268.37% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Envoy Medical Reports Third Quarter 2024 Results and Other Exciting Events

FDA approval to begin pivotal trial of fully implanted cochlear implant and AMA approval of CPT codes for the Company's already FDA-approved fully implanted middle ear implant are two of the exciting ...

6 days ago - GlobeNewsWire

Envoy Medical's Fully Implanted Acclaim® Cochlear Implant Highlighted in Peer-Reviewed Publication

Study in Otology & Neurotology outlines early experiences and potential benefits of breakthrough fully implanted cochlear implant

8 days ago - GlobeNewsWire

Envoy Medical Receives Another European Patent for its Modular Cochlear Implant System

WHITE BEAR LAKE, Minnesota, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (NASDAQ: “COCH”), a hearing health company focused on fully implanted hearing systems, today announ...

12 days ago - GlobeNewsWire

Envoy Medical Receives FDA Approval To Initiate Pivotal Clinical Study for Breakthrough Hearing Device

The Acclaim® Fully Implanted Cochlear Implant is differentiated from existing cochlear implants and may offer new option for hearing loss patients

19 days ago - GlobeNewsWire

Envoy Medical to Present at the LD Micro Main Event XVII

WHITE BEAR LAKE, Minnesota, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (NASDAQ: “COCH”), a hearing health company focused on fully implanted hearing systems, today announ...

4 weeks ago - GlobeNewsWire

Major Envoy Medical Investor Glen Taylor Discusses How Apple's AirPods Pro 2 Hearing Aid Announcement is a Potentially Positive Development for the Company

During “The Claman Countdown,” the billionaire investor and entrepreneur noted how hearing aid modes in next-gen wireless earbuds can work with Envoy Medical's fully implanted hearing devices

2 months ago - GlobeNewsWire

Envoy Medical Awarded Patent for Recharge System used with Implantable Battery

Growing Portfolio of Patents Further Advances the Company's Mission to Develop Fully Implanted Devices for Those Suffering from Significant Hearing Loss

2 months ago - GlobeNewsWire

Hyliion Holdings And 2 Other Stocks Under $5 Executives Are Buying

The Dow Jones index closed higher by more than 100 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects.

Other symbols: HYLNSXTP
2 months ago - Benzinga

Envoy Medical Reports Second Quarter 2024 Results and Provides Business Update

Company continues to make significant progress towards disrupting the existing cochlear implant industry with its investigational, breakthrough fully implanted Acclaim ® cochlear implant; Maintains go...

3 months ago - GlobeNewsWire

Bipartisan Senate Bill Seeks to Clarify that Implanted Active Middle Ear Hearing Devices are Prosthetics, Not Hearing Aids, Making Them Eligible for Medicare Coverage

Envoy Medical's FDA-Approved Esteem® Fully Implanted Active Middle Ear Hearing Device May Now Have an Opportunity to be a Coverable Benefit

4 months ago - GlobeNewsWire

Envoy Medical Announces Inclusion in the Russell Microcap Index

WHITE BEAR LAKE, MN, July 01, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (Nasdaq: COCH), a revolutionary hearing health company focused on fully implanted hearing systems, announc...

5 months ago - GlobeNewsWire

Envoy Medical Announces Addition of Medical Device Manufacturing Experience to its Board of Directors to Prepare for Scaling

WHITE BEAR LAKE, Minn., June 11, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (Nasdaq: COCH) today announced the appointment of Michael Crowe to the Envoy Medical Board of Directors...

5 months ago - GlobeNewsWire

Envoy Medical Announces Inclusion in the MSCI USA Micro Cap Index

WHITE BEAR LAKE, MN, June 06, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (Nasdaq: COCH), a revolutionary hearing health company focused on fully implanted hearing systems, announc...

5 months ago - GlobeNewsWire

Envoy Medical Is Pursuing Filling A Hearing Industry Void

Envoy Medical is a hearing device company that offers fully implantable devices for people with moderate to severe hearing loss. The company's second device, Acclaim, has been granted Breakthrough Dev...

6 months ago - Seeking Alpha

Envoy Medical Reports First Quarter 2024 Results

The Company, a current leader in fully implanted hearing devices, continues to steadily march towards its ambition of disrupting the existing cochlear implant industry with its “breakthrough” fully im...

6 months ago - GlobeNewsWire

Envoy Medical to Participate in the LD Micro Invitational XIV Conference April 8 - 9, 2024

WHITE BEAR LAKE, Minnesota , April 03, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (Nasdaq: COCH), a revolutionary hearing health company focused on fully implanted hearing systems...

8 months ago - GlobeNewsWire

Envoy Medical Reports Fourth Quarter and Full Year 2023 Financial Results

Company Provides Corporate Update that Include Updates on its Investigational Fully Implanted Acclaim® Cochlear Implant Meeting its Early Feasibility Study Milestones

8 months ago - GlobeNewsWire

Envoy Medical to Participate in the 36th Annual ROTH Conference

WHITE BEAR LAKE, Minnesota, March 12, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (Nasdaq: COCH), a revolutionary hearing health company focused on fully implanted hearing systems,...

9 months ago - GlobeNewsWire

Envoy Medical Secures Up To $10 Million Term Debt Financing to Advance Upcoming Clinical Trial

Billionaire Entrepreneur Glen Taylor Commits to a 5-Year Facility to Support Company's upcoming FDA Clinical Trial for the Acclaim® Fully Implanted Cochlear Implant

9 months ago - GlobeNewsWire

Newly Introduced Bipartisan Bill Seeks to Clarify Fully Implanted Active Middle Ear Hearing Devices as Prosthetics, Not Hearing Aids, Making Them Eligible for Medicare Coverage

Envoy Medical's FDA Approved Esteem® Fully Implanted Active Middle Ear Hearing Device May Now Have an Opportunity to be a Coverable Benefit

10 months ago - GlobeNewsWire

Envoy Medical CEO Brent Lucas Interviewed by Leading Healthcare Podcast Medical Alley

WHITE BEAR LAKE, Minnesota , Feb. 05, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (NASDAQ: “COCH”), a revolutionary hearing health company focused on fully implanted hearing system...

10 months ago - GlobeNewsWire

Envoy Medical, Inc. to Present at The Microcap Conference

White Bear Lake, Minnesota--(Newsfile Corp. - January 30, 2024) - Envoy Medical®, Inc. (NASDAQ: COCH) ("Envoy Medical"), a revolutionary hearing health company focused on fully implanted hearing syste...

10 months ago - Newsfile Corp

MCRA Provides Anzu Special Acquisition Corp I with Strategic Diligence Support Leading to Envoy Medical Merger (NASDAQ: COCH)

WASHINGTON , Jan. 22, 2024 /PRNewswire/ -- MCRA, LLC, a leading medical device and biologics focused clinical research organization (CRO) and advisory firm integrating seven core services [U.S. and In...

10 months ago - PRNewsWire

Envoy Medical Announces Three Additional Patents for Implantable Cochlear Systems

Expanding Innovation Portfolio to Support Delivering Hearing to Patients in Innovative Ways WHITE BEAR LAKE, Minnesota, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Envoy Medical®, Inc. (“Envoy Medical”) (NASDAQ...

10 months ago - GlobeNewsWire

Envoy Medical to Host Fireside Chat Event December 7

Analyst Hosted Event to Feature Comprehensive Discussion of Envoy Medical's Products, Interviews with Two Study Investigators and Key Opinion Leaders in Cochlear Implants

1 year ago - GlobeNewsWire