Cue Health Inc. (HLTH)

NASDAQ: HLTH · IEX Real-Time Price · USD
0.146
-0.004 (-2.67%)
At close: Apr 24, 2024, 4:00 PM
0.151
+0.005 (3.29%)
After-hours: Apr 24, 2024, 7:31 PM EDT
-2.67%
Market Cap 23.23M
Revenue (ttm) 70.94M
Net Income (ttm) -373.46M
Shares Out 159.09M
EPS (ttm) -2.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 247,126
Open 0.153
Previous Close 0.150
Day's Range 0.142 - 0.156
52-Week Range 0.132 - 0.988
Beta 1.22
Analysts Hold
Price Target 0.50 (+242.47%)
Earnings Date May 8, 2024

About HLTH

Cue Health Inc. operates as a healthcare technology company. It provides the Cue Health platform that offers individuals and healthcare providers convenient and personalized access to lab-quality diagnostic tests at home and at the point-of-care, as well as on-demand telehealth consultations and treatment options for a range of health and wellness needs. It offers Cue Integrated Care platform comprising hardware, software, and diagnostic components, such as Cue Health Monitoring System consisting of Cue Reader, a portable and reusable reader, C... [Read more]

Sector Healthcare
IPO Date Sep 24, 2021
Employees 726
Stock Exchange NASDAQ
Ticker Symbol HLTH
Full Company Profile

Financial Performance

In 2023, Cue Health's revenue was $70.94 million, a decrease of -85.33% compared to the previous year's $483.48 million. Losses were -$373.46 million, 92.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for HLTH stock is "Hold." The 12-month stock price forecast is $0.5, which is an increase of 242.47% from the latest price.

Price Target
$0.5
(242.47% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Cue Health Announces Strategic Actions to Position Company for Next Stage

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. ("Cue" or the “Company”) (Nasdaq: HLTH), a healthcare technology company, today announced strategic actions implemented by its Board of Directors (the “Boar...

5 weeks ago - Business Wire

Cue Health Reports Fourth Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. ("Cue" or the “Company”) (Nasdaq: HLTH), a healthcare technology company, today reported financial results for the fourth quarter and full-year 2023. Recent...

6 weeks ago - Business Wire

Cue Health to Announce Fourth Quarter and Full Year 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. (“Cue”) (Nasdaq: HLTH), a healthcare technology company, announced today that it will release its fourth quarter and full year 2023 financial results on Wed...

2 months ago - Business Wire

Cue Health Announces Appointment of Rishi Reddy to Board of Directors

SAN DIEGO--(BUSINESS WIRE)--Cue Health (Nasdaq: HLTH), a healthcare technology company, today announced it entered into a cooperation agreement (the “Cooperation Agreement”) with Tarsadia Investments ...

2 months ago - Business Wire

Cue Health to Participate at the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference

SAN DIEGO--(BUSINESS WIRE)--Cue Health (“Cue”) (Nasdaq: HLTH), a healthcare technology company, announced today that its management team will participate at the BTIG MedTech, Digital Health, Life Scie...

3 months ago - Business Wire

Cue Health Reports Third Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. ("Cue") (Nasdaq: HLTH), a healthcare technology company, today reported financial results for the third quarter 2023. Recent Highlights Reported third quart...

6 months ago - Business Wire

Cue Health to Announce Third Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. (“Cue”) (Nasdaq: HLTH), a healthcare technology company, announced today that it will release its third quarter 2023 financial results on Wednesday, Novembe...

6 months ago - Business Wire

Concerned Stockholders of Cue Health Send Letter to Board

LOS ANGELES--(BUSINESS WIRE)--Kelly Day and other concerned stockholders sent a letter to the board of directors of Cue Health outlining their urgent concerns for the Company.

7 months ago - Business Wire

Peer-Reviewed Independent Study Published in Microbiology Spectrum Finds Cue Health's Molecular COVID-19 Test is as Accurate as a Lab-Based PCR Test

SAN DIEGO--(BUSINESS WIRE)--Cue Health (Nasdaq: HLTH), a healthcare technology company, announced today the peer-reviewed publication of an independent clinical study - the largest of its kind on asym...

7 months ago - Business Wire

Cue Health Adopts Limited-Duration Shareholder Rights Plan

SAN DIEGO--(BUSINESS WIRE)--Cue Health (Nasdaq: HLTH), a healthcare technology company, today announced that its Board of Directors has unanimously approved the adoption of a limited-duration sharehol...

7 months ago - Business Wire

Tarsadia Investments Sends Letter to Board of Cue Health, Inc.

NEW YORK--(BUSINESS WIRE)--Tarsadia Investments, LLC (“Tarsadia”) represents long-term stockholders of Cue Health, Inc. (the “Company” or “Cue”) (NASDAQ: HLTH), with holdings that collectively make th...

8 months ago - Business Wire

Cue Health to Present at Upcoming Investor Conferences

SAN DIEGO--(BUSINESS WIRE)--Cue Health (“Cue”) (Nasdaq: HLTH), a healthcare technology company, announced today that its management team will present at the following investor conferences: 2023 Wells ...

8 months ago - Business Wire

Cue Health Reports Second Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. ("Cue") (Nasdaq: HLTH), a healthcare technology company, today reported financial results for the second quarter 2023. Recent Highlights Reported second qua...

9 months ago - Business Wire

Cue Health Awarded New $28 Million Federal Contract to Develop Flu A/B, RSV, COVID-19 Molecular Multiplex Test for Both Over-the-Counter and Point-of-Care Use

SAN DIEGO--(BUSINESS WIRE)--Cue Health (Nasdaq: HLTH), a healthcare technology company, today announced that it has been awarded a new approximately $28 million contract by the Biomedical Advanced Res...

9 months ago - Business Wire

Cue Health to Announce Second Quarter 2023 Financial Results

SAN DIEGO, Calif.--(BUSINESS WIRE)--Cue Health Inc. (“Cue”) (Nasdaq: HLTH), a healthcare technology company, announced today that it will release its second quarter 2023 financial results on Wednesday...

9 months ago - Business Wire

Cue Health Achieves Groundbreaking Milestone with FDA: First Company to Receive De Novo Authorization for a COVID-19 Home Use Test

SAN DIEGO--(BUSINESS WIRE)--Cue Health (Nasdaq: HLTH), a healthcare technology company, announces an industry breakthrough as the first company to receive De Novo authorization from the U.S. Food and ...

11 months ago - Business Wire

US FDA approves Cue Health's at-home COVID test

The U.S. Food and Drug Administration on Tuesday approved Cue Health's at-home COVID-19 test, the first coronavirus test to get marketing authorization using a traditional premarket review, the agency...

11 months ago - Reuters

Cue Health to Present at the Goldman Sachs 44th Annual Global Healthcare Conference

SAN DIEGO, Calif.--(BUSINESS WIRE)--Cue Health (“Cue”) (Nasdaq: HLTH), a healthcare technology company, announced today that its management team will present at the Goldman Sachs 44th Annual Global He...

11 months ago - Business Wire

Cue Health Reports First Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. ("Cue") (Nasdaq: HLTH), a healthcare technology company, today reported financial results for the first quarter 2023. Recent Highlights Reported first quart...

1 year ago - Business Wire

Cue Health Makes De Novo Submission to FDA for Full Clearance of its Cue® RSV Molecular Test

SAN DIEGO--(BUSINESS WIRE)--Cue Health (“Cue”) (Nasdaq: HLTH), a healthcare technology company, today announced that it has made a De Novo submission to the U.S. Food and Drug Administration (FDA) for...

1 year ago - Business Wire

Cue Health Launches Pharmacy Offering to Empower Individuals to Manage Common Health and Wellness Needs from Home

SAN DIEGO--(BUSINESS WIRE)--Cue Health (“Cue”) (Nasdaq: HLTH), a healthcare technology company, today announced an expansion of its Cue Integrated Care Platform to include a new pharmacy offering with...

1 year ago - Business Wire

Cue Health to Announce First Quarter 2023 Financial Results

SAN DIEGO--(BUSINESS WIRE)--Cue Health Inc. (“Cue”) (Nasdaq: HLTH), a healthcare technology company, announced today that it will release its first quarter 2023 financial results on Wednesday, May 10,...

1 year ago - Business Wire

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Cue Health Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / April 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cue Health Inc. ...

1 year ago - Accesswire

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Cue Health Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $HLTH #HLTH--The Schall Law Firm Announces it is Investigating Claims Against Cue Health Inc. and Encourages Investors with Losses to Contact the Firm.

1 year ago - Business Wire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cue Health Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $HLTH #HLTH--The Schall Law Firm Announces it is Investigating Claims Against Cue Health Inc. and Encourages Investors with Losses to Contact the Firm.

1 year ago - Business Wire