CeriBell (NASDAQ:CBLL) Issues Quarterly Earnings Results

CeriBell (NASDAQ:CBLLGet Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.08), Zacks reports. The company had revenue of $18.53 million during the quarter, compared to analysts’ expectations of $17.55 million. CeriBell updated its FY 2025 guidance to EPS.

CeriBell Price Performance

CeriBell stock opened at $25.54 on Wednesday. The stock’s fifty day moving average price is $23.43. CeriBell has a 12-month low of $18.69 and a 12-month high of $32.75.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on CBLL shares. Canaccord Genuity Group lifted their price objective on CeriBell from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Monday, December 9th. William Blair initiated coverage on CeriBell in a research report on Tuesday, November 5th. They issued an “outperform” rating for the company. TD Cowen increased their price target on shares of CeriBell from $31.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. started coverage on shares of CeriBell in a report on Tuesday, November 5th. They issued an “overweight” rating and a $32.00 price objective for the company. Finally, Canaccord Genuity Group began coverage on shares of CeriBell in a research report on Tuesday, November 5th. They issued a “buy” rating and a $30.00 price target for the company. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, CeriBell currently has an average rating of “Buy” and an average target price of $32.60.

View Our Latest Research Report on CBLL

About CeriBell

(Get Free Report)

We are a commercial-stage medical technology company focused on transforming the diagnosis and management of patients with serious neurological conditions. We have developed the Ceribell System, a novel, point-of-care electroencephalography (“EEG”) platform specifically designed to address the unmet needs of patients in the acute care setting.

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