Hyperfine, Inc. (HYPR)

NASDAQ: HYPR · IEX Real-Time Price · USD
0.965
+0.046 (5.04%)
At close: Jul 2, 2024, 4:00 PM
0.940
-0.025 (-2.58%)
After-hours: Jul 2, 2024, 7:58 PM EDT
5.04%
Market Cap 69.48M
Revenue (ttm) 11.69M
Net Income (ttm) -41.93M
Shares Out 72.01M
EPS (ttm) -0.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 454,692
Open 0.891
Previous Close 0.919
Day's Range 0.891 - 0.990
52-Week Range 0.761 - 3.280
Beta 0.83
Analysts Buy
Price Target 2.12 (+119.71%)
Earnings Date Aug 12, 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 119.71% from the latest price.

Price Target
$2.12
(119.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Clinical Research Using Swoop® System for Alzheimer's Disease Monitoring to be Presented at the 2024 Alzheimer's Association International Conference

GUILFORD, Conn.--(BUSINESS WIRE)--Clinical research using Swoop® system for Alzheimer's disease monitoring to be presented at the 2024 AAIC.

7 days ago - Business Wire

Hyperfine, Inc. to Host Analyst and Investor Education Webcast with Clinical and Brain Imaging Experts on June 25, 2024

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to host analyst and investor education webcast with clinical and brain imaging experts on June 25, 2024.

4 weeks ago - Business Wire

Hyperfine, Inc. Continues Global Market Expansion by Entering Into a Distribution Partnership with Radiosurgery Global, Ltd. to Bring the Swoop® System to India

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. continues global expansion by entering into distribution partnership with Radiosurgery Global, Ltd. to bring Swoop® system to India.

5 weeks ago - Business Wire

Hyperfine, Inc. to Present at the Jefferies Global Healthcare Conference

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to present at the Jefferies Global Healthcare Conference.

5 weeks ago - Business Wire

Hyperfine, Inc. Celebrates ASNR 2024

LAS VEGAS--(BUSINESS WIRE)--The 2024 ASNR Annual Meeting had a strong focus on Alzheimer's disease care and growing excitement about ultra-low-field MRI.

5 weeks ago - Business Wire

Hyperfine, Inc. Reports First Quarter 2024 Financial Results

GUILFORD, Conn., May 13, 2024 (GLOBE NEWSWIRE) -- Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking health technology company that has redefined brain imaging with the first FDA-cleared portable magn...

7 weeks ago - GlobeNewsWire

Hyperfine, Inc. to Expand Global Market Reach with Appointment of International Distributors in Key European Markets

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to expand global market reach with appointment of international distributors in key European markets.

7 weeks ago - Business Wire

Hyperfine, Inc. to Announce First Quarter 2024 Financial Results on May 13, 2024

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. to announce first quarter 2024 financial results on May 13, 2024.

2 months ago - Business Wire

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.

2 months 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.

2 months 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...

3 months 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.

4 months 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.

4 months 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.

4 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.

4 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.

5 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.

6 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.

8 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.

8 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...

8 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.

8 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.

9 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.

9 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.

9 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...

10 months ago - Business Wire