CBLL - CeriBell, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$27.50
DETAILS
HIGH:
$29.00
LOW:
$26.00
MEDIAN:
$27.50
CONSENSUS:
$27.50
UPSIDE:
9.82%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 28.1 | 26.5 | 24.8 | 22.6 | 21.2 | 20.5 | 18.5 | 17.2 | 14.9 | 14.9 | 13.1 | 11.6 | 10.2 | 10.2 |
| Cost of Revenue | 2.2 | 3.4 | 3.1 | 2.6 | 2.5 | 2.5 | 2.3 | 2.2 | 2.1 | 2.1 | 2.0 | 1.9 | 1.6 | 1.6 |
| Gross Profit | 25.9 | 23.1 | 21.6 | 19.9 | 18.7 | 18.0 | 16.2 | 15.0 | 12.8 | 12.8 | 11.1 | 9.7 | 8.7 | 8.7 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 6.7 | 6.2 | 5.1 | 5.0 | 4.9 | 4.2 | 3.9 | 3.4 | 3.1 | 3.1 | 2.7 | 2.3 | 2.0 | 2.0 |
| SG&A Expenses | 39.2 | 37.7 | 31.2 | 29.6 | 28.8 | 28.0 | 25.2 | 21.6 | 18.1 | 18.1 | 16.8 | 14.6 | 13.9 | 13.9 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 45.9 | 43.9 | 36.2 | 34.6 | 33.6 | 32.2 | 29.1 | 24.9 | 21.2 | 21.2 | 19.5 | 16.9 | 15.9 | 15.9 |
| Operating Income | ||||||||||||||
| Operating Income | (20.0) | (20.7) | (14.6) | (14.6) | (15.0) | (14.2) | (12.9) | (9.9) | (8.4) | (8.4) | (8.4) | (7.2) | (7.2) | (7.2) |
| Interest Expense | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||
| EBITDA | (18.6) | (19.1) | (12.8) | (12.6) | (12.8) | (12.0) | (11.7) | (9.6) | (8.0) | (8.0) | (6.1) | (6.3) | (6.3) | (6.3) |
| EBIT | (18.8) | (19.3) | (13.1) | (13.0) | (13.2) | (12.3) | (12.1) | (9.9) | (8.2) | (8.2) | (6.3) | (6.5) | (6.5) | (6.5) |
| Income Before Tax | (19.3) | (19.7) | (13.5) | (13.5) | (13.6) | (12.8) | (12.6) | (10.4) | (8.7) | (8.7) | (8.3) | (7.1) | (7.1) | (7.1) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 |
| Net Income | (19.3) | (19.7) | (13.5) | (13.5) | (13.6) | (12.8) | (12.6) | (10.4) | (8.7) | (8.7) | (8.3) | (7.1) | (7.1) | (7.1) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | -0.51 | -0.52 | -0.36 | -0.37 | -0.38 | -0.36 | -0.40 | -0.31 | -0.26 | -0.25 | -0.35 | -0.30 | -0.30 | -0.30 |
| EPS (Diluted) | -0.51 | -0.52 | -0.36 | -0.37 | -0.38 | -0.36 | -0.40 | -0.31 | -0.26 | -0.25 | -0.35 | -0.30 | -0.30 | -0.30 |
| Shares Outstanding | 38.0 | 37.7 | 37.2 | 36.8 | 36.3 | 35.9 | 31.2 | 34.0 | 34.0 | 34.0 | 23.3 | 23.3 | 23.3 | 23.3 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||
| Cash & Cash Equivalents | 32.7 | 45.3 | 40.5 | 23.7 | 40.1 | 153.4 | 194.4 | 14.1 | 24.4 | 34.5 | 34.5 | 68.2 |
| Short-Term Investments | 96.6 | 95.9 | 118.8 | 144.8 | 137.3 | 29.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 16.0 | 15.7 | 15.1 | 12.2 | 12.3 | 11.3 | 10.9 | 10.0 | 9.2 | 0 | 8.0 | 0 |
| Inventory | 6.7 | 6.9 | 7.3 | 6.0 | 6 | 6.6 | 6.9 | 6.9 | 5.8 | 0 | 5.9 | 0 |
| Other Current Assets | 5.9 | 2.9 | 5.1 | 5.0 | 4.0 | 4.9 | 5.1 | 4.0 | 3.3 | (34.5) | 3.6 | (68.2) |
| Total Current Assets | 157.8 | 166.7 | 186.7 | 191.8 | 199.8 | 205.4 | 217.3 | 35.0 | 42.6 | 0 | 52.0 | 0 |
| Non-Current Assets | ||||||||||||
| Property, Plant & Equipment | 3.5 | 4.0 | 4.3 | 3.5 | 3.8 | 4.0 | 4.4 | 4.6 | 4.3 | 0 | 3.7 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.0 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.9 | 6.5 | 4.8 | 4.3 | 4.1 | 4.0 | 3.7 | 7.5 | 6.2 | 0 | 3.2 | 0 |
| Total Non-Current Assets | 8.5 | 11.4 | 9.1 | 7.7 | 7.9 | 8.1 | 8.1 | 12.1 | 10.6 | 0 | 7.0 | 0 |
| Total Assets | 166.3 | 178.1 | 195.8 | 199.5 | 207.7 | 213.5 | 225.4 | 47.1 | 53.2 | 0 | 58.9 | 0 |
| Current Liabilities | ||||||||||||
| Account Payables | 3.2 | 2.0 | 2.8 | 2.2 | 2.4 | 1.4 | 1.1 | 2.8 | 1.1 | 0 | 0.7 | 0 |
| Short-Term Debt | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.8 | 0 |
| Deferred Revenue | 0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.3 | 0 | 0.2 | 0 |
| Other Current Liabilities | 12.8 | 3.1 | 7.9 | 5.8 | 4.8 | 3.2 | 5 | 3.5 | 2.7 | 0 | 3.7 | 0 |
| Total Current Liabilities | 17.2 | 16.2 | 19.2 | 15.2 | 15.0 | 11.8 | 13.0 | 13.1 | 10.5 | 0 | 21.6 | 0 |
| Non-Current Liabilities | ||||||||||||
| Long-Term Debt | 20.0 | 19.9 | 19.8 | 19.7 | 19.7 | 19.6 | 19.6 | 19.5 | 19.4 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 148.8 | 148.6 | (35.2) | 147.9 | (61.0) |
| Total Non-Current Liabilities | 20.8 | 21.1 | 21.3 | 20.3 | 20.5 | 20.8 | 21.3 | 170.0 | 170.0 | (35.2) | 149.6 | (61.0) |
| Total Liabilities | 38.0 | 37.3 | 40.5 | 35.4 | 35.5 | 32.6 | 34.2 | 183.0 | 180.5 | (35.2) | 171.2 | (61.0) |
| Stockholders' Equity | ||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0 |
| Retained Earnings | (259.4) | (240.1) | (220.4) | (206.8) | (193.4) | (179.7) | (166.9) | (154.4) | (144.0) | 0 | (126.5) | 0 |
| Accumulated Other Comprehensive Income | (0.1) | 0.0 | 0.2 | 0.1 | 0.0 | (0.0) | 0 | 0 | 0 | (112.3) | 0 | (86.4) |
| Total Stockholders' Equity | 128.3 | 140.8 | 155.3 | 164.1 | 172.2 | 180.9 | 191.2 | (136.0) | (127.3) | 35.2 | (112.3) | 61.0 |
| Total Liabilities & Equity | 166.3 | 178.1 | 195.8 | 199.5 | 207.7 | 213.5 | 225.4 | 47.1 | 53.2 | 0 | 58.9 | 0 |
| Debt Metrics | ||||||||||||
| Total Debt | 21.9 | 22.1 | 22.3 | 21.3 | 21.6 | 21.8 | 22.0 | 22.1 | 22.2 | 0 | 14.2 | 0 |
| Net Debt | (10.8) | (23.1) | (18.2) | (2.4) | (18.6) | (131.6) | (172.4) | 8.0 | (2.1) | (34.5) | (20.3) | (68.2) |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Net Income | (19.3) | (19.7) | (13.5) | (13.5) | (13.6) | (12.8) | (12.6) | (10.4) | (8.9) | (8.5) | (8.3) | (7.1) | (7.1) | (7.1) |
| Depreciation & Amortization | 0.2 | 0.2 | 0.3 | 0.4 | 0.3 | 0.3 | 0.4 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 |
| Stock-Based Compensation | 6.0 | 3.7 | 3.4 | 3.3 | 3.2 | 2.3 | 2.2 | 1.4 | 1.1 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 |
| Change in Working Capital | 0.7 | (3.0) | (0.4) | (0.6) | 3.0 | (1.4) | (1.2) | (0.1) | 0.2 | (2.2) | 0.6 | (1.4) | (1.8) | (1.8) |
| Other Non-Cash Items | (0.5) | (0.5) | (0.5) | (0.8) | (0.4) | 0.1 | 1.2 | 0.3 | 0.4 | 0.1 | 0.1 | 0.1 | 0.4 | 0.4 |
| Operating Cash Flow | (12.9) | (19.3) | (10.8) | (11.1) | (7.5) | (11.4) | (10.0) | (8.5) | (7.0) | (9.6) | (6.7) | (7.4) | (7.5) | (7.5) |
| Investing Activities | ||||||||||||||
| Capital Expenditure | (0.9) | (0.8) | (0.2) | (0.4) | (0.1) | (0.3) | (0.4) | (0.6) | (0.3) | (0.1) | (0.7) | (0.2) | (0.7) | (0.7) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (48.9) | (26.7) | (22.0) | (46.0) | (113.5) | (29.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 48.5 | 50 | 48.7 | 39.5 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.7 | (0.7) | (0.4) | (0.1) | 0 | (0.1) | (0.1) | 0.8 | (0.8) | (0.0) | 0 | 0.5 | 0 | 0 |
| Investing Cash Flow | (0.6) | 22.4 | 26.1 | (6.9) | (107.7) | (29.6) | (0.5) | 0.2 | (1.2) | (0.1) | (0.7) | 0.3 | (0.7) | (0.7) |
| Financing Activities | ||||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.9 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | (0.2) | 0 | 0 | 0.0 | 190.7 | (1.9) | (0.0) | (0.2) | (3.5) | 0.1 | 0.3 | 0.3 |
| Financing Cash Flow | 0.9 | 1.6 | 1.4 | 1.6 | 2.0 | 0.0 | 190.7 | (1.9) | (0.0) | 7.7 | (3.5) | 0.1 | 0.3 | 0.3 |
| Cash Position | ||||||||||||||
| Net Change in Cash | (12.6) | 4.8 | 16.7 | (16.4) | (113.2) | (41.0) | 180.3 | (10.2) | (8.1) | (2.0) | (10.8) | (7.1) | (7.9) | (7.9) |
| Cash at Beginning | 45.3 | 40.5 | 23.7 | 40.1 | 153.4 | 194.4 | 14.1 | 24.4 | 32.5 | 34.5 | 45.3 | 52.4 | 0 | 0 |
| Cash at End | 32.7 | 45.3 | 40.5 | 23.7 | 40.1 | 153.4 | 194.4 | 14.1 | 24.4 | 32.5 | 34.5 | 45.3 | (7.9) | (7.9) |
| Free Cash Flow | (13.8) | (20.1) | (11.0) | (11.5) | (7.6) | (11.7) | (10.3) | (9.1) | (7.3) | (9.7) | (7.4) | (7.6) | (8.2) | (8.2) |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 28.1 | 26.5 | 24.8 | 22.6 | 21.2 | 20.5 | 18.5 | 17.2 | 14.9 | 14.9 | 13.1 | 11.6 | 10.2 | 10.2 |
| Gross Profit | 25.9 | 23.1 | 21.6 | 19.9 | 18.7 | 18.0 | 16.2 | 15.0 | 12.8 | 12.8 | 11.1 | 9.7 | 8.7 | 8.7 |
| Operating Income | (20.0) | (20.7) | (14.6) | (14.6) | (15.0) | (14.2) | (12.9) | (9.9) | (8.4) | (8.4) | (8.4) | (7.2) | (7.2) | (7.2) |
| Net Income | (19.3) | (19.7) | (13.5) | (13.5) | (13.6) | (12.8) | (12.6) | (10.4) | (8.7) | (8.7) | (8.3) | (7.1) | (7.1) | (7.1) |
| EPS (Diluted) | -0.51 | -0.52 | -0.36 | -0.37 | -0.38 | -0.36 | -0.40 | -0.31 | -0.26 | -0.25 | -0.35 | -0.30 | -0.30 | -0.30 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 32.7 | 45.3 | 40.5 | 23.7 | 40.1 | 153.4 | 194.4 | 14.1 | 24.4 | 34.5 | 34.5 | 68.2 | ||
| Total Assets | 166.3 | 178.1 | 195.8 | 199.5 | 207.7 | 213.5 | 225.4 | 47.1 | 53.2 | 0 | 58.9 | 0 | ||
| Total Debt | 21.9 | 22.1 | 22.3 | 21.3 | 21.6 | 21.8 | 22.0 | 22.1 | 22.2 | 0 | 14.2 | 0 | ||
| Stockholders' Equity | 128.3 | 140.8 | 155.3 | 164.1 | 172.2 | 180.9 | 191.2 | (136.0) | (127.3) | 35.2 | (112.3) | 61.0 | ||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | (12.9) | (19.3) | (10.8) | (11.1) | (7.5) | (11.4) | (10.0) | (8.5) | (7.0) | (9.6) | (6.7) | (7.4) | (7.5) | (7.5) |
| Capital Expenditure | (0.9) | (0.8) | (0.2) | (0.4) | (0.1) | (0.3) | (0.4) | (0.6) | (0.3) | (0.1) | (0.7) | (0.2) | (0.7) | (0.7) |
| Free Cash Flow | (13.8) | (20.1) | (11.0) | (11.5) | (7.6) | (11.7) | (10.3) | (9.1) | (7.3) | (9.7) | (7.4) | (7.6) | (8.2) | (8.2) |