Nuwellis, Inc. (NUWE)

NASDAQ: NUWE · IEX Real-Time Price · USD
4.86
+0.06 (1.25%)
Mar 24, 2023, 4:00 PM EDT - Market closed
1.25%
Market Cap 5.87M
Revenue (ttm) 8.54M
Net Income (ttm) -14.53M
Shares Out 1.21M
EPS (ttm) -83.55
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 26,719
Open 4.81
Previous Close 4.80
Day's Range 4.81 - 5.10
52-Week Range 4.52 - 185.00
Beta 0.28
Analysts Buy
Price Target 22.44 (+361.73%)
Earnings Date May 8, 2023

About NUWE

Nuwellis, Inc., a medical device company, focuses on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy. The company's products are the Aquadex FlexFlow and Aquadex SmartFlow systems, which are indicated for the treatment of patients suffering from fluid overload who have failed diuretics. Its Aquadex FlexFlow system includes a console, disposable blood set, and catheter. The company sells its products to hospitals and clinics through its direct salesforce in the United States; and through independent... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1999
Employees 70
Stock Exchange NASDAQ
Ticker Symbol NUWE
Full Company Profile

Financial Performance

In 2022, Nuwellis's revenue was $8.54 million, an increase of 7.85% compared to the previous year's $7.92 million. Losses were -$14.53 million, -25.72% less than in 2021.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for NUWE stock is "Buy." The 12-month stock price forecast is $22.44, which is an increase of 361.73% from the latest price.

Price Target
$22.44
(361.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Nuwellis Announces Peer-Reviewed Publication of Clinical Trials Analysis Advocating the Use of Ultrafiltration for Heart Failure Patients Resistant to Diuretics

MINNEAPOLIS, March 21, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced the peer-re...

5 days ago - GlobeNewsWire

Nuwellis, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results

Q4 Revenue Up 42%; Expansion of Clinical Evidence Sets Stage for 2023 Growth Q4 Revenue Up 42%; Expansion of Clinical Evidence Sets Stage for 2023 Growth

3 weeks ago - GlobeNewsWire

Nuwellis to Present at the Oppenheimer 33rd Annual Healthcare Conference

MINNEAPOLIS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that Nestor ...

1 month ago - GlobeNewsWire

Nuwellis, Inc. To Announce Fourth Quarter and Full Year 2022 Financial Results on February 28, 2023

MINNEAPOLIS, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, announced today that its fou...

1 month ago - GlobeNewsWire

Nuwellis Reports Preliminary Fourth Quarter and Full Year 2022 Revenue Results

MINNEAPOLIS, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (“Nuwellis” or the “Company”), a medical technology company focused on transforming the lives of people with fluid overload...

2 months ago - GlobeNewsWire

Nuwellis Appoints Dr. John Jefferies as Chief Medical Officer

Dr. Jefferies brings over two decades of cardiology and heart failure expertise to Nuwellis as the Company expands clinical evidence supporting the use of ultrafiltration for people with fluid overloa...

2 months ago - GlobeNewsWire

Nuwellis, Inc. Announces Passage of Warrant Proposal

MINNEAPOLIS, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that the Com...

2 months ago - GlobeNewsWire

SeaStar Medical and Nuwellis Enter into a U.S. License and Distribution Agreement for SeaStar Medical's Selective Cytopheretic Device (SCD) for Pediatric Acute Kidney Injury (AKI)

Approximately 4,000 children in the U.S. with AKI require Continuous Kidney Replacement Therapy (CKRT) Approximately 4,000 children in the U.S. with AKI require Continuous Kidney Replacement Therapy (...

3 months ago - GlobeNewsWire

Nuwellis, Inc. Announces Compliance With Nasdaq Listing Requirements

MINNEAPOLIS, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that on Dece...

3 months ago - GlobeNewsWire

Nuwellis, Inc. Announces Adjournment of Special Meeting of Stockholders Due to Lack of Quorum

MINNEAPOLIS, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that the Com...

3 months ago - GlobeNewsWire

Nuwellis, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

MINNEAPOLIS, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), today announced that, effective November 15, 2022, the independent directors approved equity awards under Nuwellis' 2021 I...

4 months ago - GlobeNewsWire

Nuwellis, Inc. Reports Third Quarter 2022 Financial Results

MINNEAPOLIS, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today reported financial res...

4 months ago - GlobeNewsWire

Nuwellis, Inc. To Announce Third Quarter 2022 Financial Results on November 8, 2022

MINNEAPOLIS, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (NASDAQ: NUWE) announced today that its third quarter 2022 financial results will be released on Tuesday, November 8, 2022. The company wi...

5 months ago - GlobeNewsWire

Nuwellis Announces Appointment of Chief Financial Officer

Lynn Blake to serve as Chief Financial Officer Lynn Blake to serve as Chief Financial Officer

5 months ago - GlobeNewsWire

Nuwellis Announces Closing of $11.04 Million Underwritten Public Offering Including Full Exercise of Overallotment Option

MINNEAPOLIS, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) ("Nuwellis" or the "Company"), a commercial-stage company focused on transforming the lives of people with fluid overload, ...

5 months ago - GlobeNewsWire

Nuwellis Announces Pricing of $9.6 Million Upsized Underwritten Public Offering

MINNEAPOLIS, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (“Nuwellis” or the “Company”), a commercial-stage company focused on transforming the lives of people with fluid overload, ...

5 months ago - GlobeNewsWire

Nuwellis Announces Data Demonstrating Statistically Superior Clinical Benefit of Aquadex Therapy in Reducing Heart Failure Events and Mortality at the 2022 HFSA Meeting

Statistically Significant Reduction in CV Mortality and HF Rehospitalizations as Compared to IV Diuretics at 30 and 90 Days Statistically Significant Reduction in CV Mortality and HF Rehospitalization...

6 months ago - GlobeNewsWire

Nuwellis Announces the Activation of New Sites for Its Pivotal REVERSE-HF Trial

REVERSE-HF will evaluate ultrafiltration therapy in comparison to IV diuretics to treat heart failure patients with fluid overload REVERSE-HF will evaluate ultrafiltration therapy in comparison to IV ...

6 months ago - GlobeNewsWire

Why Is Nuwellis (NUWE) Stock Up 110% Today?

In a fresh news release, Nuwellis (NASDAQ: NUWE) announced encouraging clinical data related to proprietary technology that could be deployed in cardiac surgery. The results were released in the Jour...

7 months ago - InvestorPlace

U.S. Patent and Trademark Office Awards Nuwellis Patent for Innovative Pediatric Technology

Enabling improved fluid balance and safety when performing dialysis and hemofiltration in pediatrics and neonates Enabling improved fluid balance and safety when performing dialysis and hemofiltration...

7 months ago - GlobeNewsWire

Nuwellis, Inc. Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

MINNEAPOLIS, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (NASDAQ: NUWE), today announced that, effective August 18, 2022, the independent directors approved equity awards under Nuwellis' 2021 Ind...

7 months ago - GlobeNewsWire

Nuwellis Inc. to Present at the Inaugural Gilmartin Group Emerging Growth Company Showcase

MINNEAPOLIS, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) today announced the company will present at the upcoming Inaugural Gilmartin Group Emerging Growth Company Showcase, taking...

7 months ago - GlobeNewsWire

Nuwellis, Inc. Announces Second Quarter 2022 Financial Results

MINNEAPOLIS, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) announced today its results for the second quarter ended June 30, 2022, which included the following highlights:

8 months ago - GlobeNewsWire

Nuwellis Announces the Submission of the AVOID-HF Clinical Analysis as a Late Breaking Clinical Trial at HFSA

The Finkelstein-Schoenfeld Method of Win Ratios Analysis Provides New Insights Into Superiority of Ultrafiltration over Diuretics in Treating Fluid Overloaded Heart Failure Patients Resistant to Diure...

8 months ago - GlobeNewsWire

Nuwellis, Inc. To Announce Second Quarter 2022 Financial Results on August 9, 2022

MINNEAPOLIS, July 14, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (NASDAQ: NUWE) announced today that its second quarter 2022 financial results will be released on Tuesday, August 9, 2022. The company wil...

9 months ago - GlobeNewsWire