Hyperfine, Inc. (HYPR)

NASDAQ: HYPR · IEX Real-Time Price · USD
0.810
-0.009 (-1.10%)
At close: Apr 24, 2024, 4:00 PM
0.840
+0.030 (3.70%)
After-hours: Apr 24, 2024, 6:02 PM EDT
-1.10%
Market Cap 58.33M
Revenue (ttm) 11.03M
Net Income (ttm) -44.24M
Shares Out 72.01M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 68,914
Open 0.830
Previous Close 0.819
Day's Range 0.800 - 0.885
52-Week Range 0.795 - 3.280
Beta 0.75
Analysts Buy
Price Target 2.12 (+161.73%)
Earnings Date May 9, 2024

About HYPR

Hyperfine, Inc., a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors. Hyperfine, Inc. was founded in 2014 and is based in Guilford, Connecticut. [Read more]

Industry Medical Devices
Sector Healthcare
Founded 2014
Employees 131
Stock Exchange NASDAQ
Ticker Symbol HYPR
Full Company Profile

Financial Performance

In 2023, Hyperfine's revenue was $11.03 million, an increase of 61.90% compared to the previous year's $6.81 million. Losses were -$44.24 million, -39.54% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for HYPR stock is "Buy." The 12-month stock price forecast is $2.12, which is an increase of 161.73% from the latest price.

Price Target
$2.12
(161.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hyperfine, Inc. Takes the Stage at ISMRM with Seventeen Abstracts Assessing the Potential of Using Swoop® System Images Across Multiple Care Settings and Clinical Conditions

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. at ISMRM with 17 abstracts assessing the potential of using Swoop® System images across multiple care settings and clinical conditions.

1 day ago - Business Wire

Leading Institutions Enroll First Alzheimer's Patients Receiving Amyloid-Targeting Therapy in CARE PMR Study

GUILFORD, Conn.--(BUSINESS WIRE)--Leading institutions enroll first Alzheimer's patients receiving amyloid-targeting therapy in CARE PMR study.

7 days ago - Business Wire

Hyperfine, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

GUILFORD, Conn., March 21, 2024 (GLOBE NEWSWIRE) -- Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking health technology company that has redefined brain imaging with the first FDA-cleared portable ma...

4 weeks ago - GlobeNewsWire

Hyperfine, Inc. Collaborates with King's College London to Demonstrate the Swoop® System and UNITY Project to The Princess Royal

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. collaborates with King's College London to demonstrate the Swoop® system and UNITY Project to The Princess Royal.

6 weeks ago - Business Wire

Hyperfine, Inc. to Announce Fourth Quarter and Full Year 2023 Financial Results on March 21, 2024

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to announce fourth quarter and full year 2023 financial results on March 21, 2024.

6 weeks ago - Business Wire

Hyperfine, Inc. to Present at the Oppenheimer 34th Annual Healthcare Conference

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to present at the Oppenheimer 34th Annual Healthcare Conference.

2 months ago - Business Wire

Hyperfine, Inc. Announces Collaboration with Athletic Heart to Provide Vital Brain Health Imaging for Former Professional Athletes

GUILFORD, Conn. & ORLANDO, Fla.--(BUSINESS WIRE)--Hyperfine, Inc. Announces Collaboration with Athletic Heart to Provide Vital Brain Health Imaging for Former Professional Athletes.

2 months ago - Business Wire

Hyperfine, Inc. Celebrates Breadth of Swoop® System Data Presented at the 2024 International Stroke Conference and Provides an Update on Enrollment in ACTION PMR Stroke Observational Study

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. presents data at 2024 International Stroke Conference and provides an update on enrollment in ACTION PMR stroke observational study.

2 months ago - Business Wire

Hyperfine, Inc. Launches AI-powered Brain Imaging Software for Enhanced Image Quality and Ease of Use

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. launches AI-powered brain imaging software for enhanced image quality and ease of use.

3 months ago - Business Wire

Hyperfine, Inc. Announces Presentations on Clinical Advancements at RSNA 2023

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. announces presentations on clinical advancements at RSNA 2023.

5 months ago - Business Wire

Hyperfine, Inc. to Present at the Piper Sandler 35th Annual Healthcare Conference

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to present at the Piper Sandler 35th annual healthcare conference.

5 months ago - Business Wire

Hyperfine, Inc. Reports Third Quarter 2023 Financial Results

GUILFORD, Conn., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that has redefined brain imaging with the world's first FDA-cleared, portab...

5 months ago - GlobeNewsWire

Observational Study Finds That Hyperfine, Inc. Portable MR Brain Imaging System Assists Clinicians in Early Detection of Acute Brain Injury in ECMO Patients

GUILFORD, Conn.--(BUSINESS WIRE)--Observational study finds that Hyperfine, Inc. portable MR brain imaging system assists clinicians in early detection of ABI in ECMO patients.

6 months ago - Business Wire

Hyperfine, Inc. to Announce Third Quarter Financial Results on November 9, 2023

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to announce third quarter financial results on November 9, 2023.

6 months ago - Business Wire

Hyperfine, Inc. Announces Promotions of Two Key Clinical Affairs Executives

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. announces promotions of two key clinical affairs executives.

7 months ago - Business Wire

Hyperfine, Inc. Receives FDA Clearance for Updated AI-powered Software with Improved Image Quality for All Swoop® System Sequences

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. receives FDA clearance for updated AI-powered software with improved image quality for all Swoop® system sequences.

7 months ago - Business Wire

Hyperfine, Inc. to Present at Gilmartin Group Emerging Growth Showcase

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable magnetic resonance br...

8 months ago - Business Wire

Hyperfine, Inc. Reports Second Quarter 2023 Financial Results

GUILFORD, Conn., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable, poi...

9 months ago - GlobeNewsWire

Enrollment Completed for HOPE PMR Pediatric Hydrocephalus Study Using Hyperfine, Inc. Portable MR Imaging® System

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable magnetic resonance br...

9 months ago - Business Wire

Hyperfine, Inc. to Announce Second Quarter Financial Results on August 14, 2023

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable MRI system™, today an...

9 months ago - Business Wire

Hyperfine, Inc. Announces Promotion of Tom Teisseyre, Ph.D. to Chief Operating Officer

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable magnetic resonance br...

10 months ago - Business Wire

Hyperfine, Inc. Launches Observational Study to Define New Imaging Paradigm in Stroke Care

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable magnetic resonance br...

10 months ago - Business Wire

Hyperfine, Inc. and the International Society for Magnetic Resonance in Medicine Collaborate to Enhance Global Access to MR Education

TORONTO--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable magnetic resonance brain imag...

11 months ago - Business Wire

Hyperfine, Inc. Receives Grant for an Additional Three Years to Utilize Innovative Swoop® Portable MR Imaging® System in Low and Middle-Income Countries

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable magnetic resonance im...

1 year ago - Business Wire

Hyperfine, Inc. Reports First Quarter 2023 Financial Results

GUILFORD, Conn., May 11, 2023 (GLOBE NEWSWIRE) -- Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world's first FDA-cleared portable, poin...

1 year ago - GlobeNewsWire