ClearPoint Neuro
Enables neurosurgery, laser therapy, CNS delivery, and neurocritical care with navigation tools.
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Profile
Sells stereotactic navigation systems, disposable devices, laser-therapy access, neurocritical-care fluid management, and CNS-delivery services for neurosurgeons and therapy developers, with recurring procedure use and partner trial progress shaping demand.
Offers neuro-only medical devices and development services for brain and spine procedures. The platform centers on ClearPoint navigation, SmartFrame hardware and software, SmartFlow cannulas, ClearPoint Prism laser therapy, and IRRAflow fluid-management systems added through the IRRAS acquisition.
Runs from Southern California, with activated centers and partner work spanning global clinical and research sites. Revenue comes from product sales, procedure-linked disposables, capital equipment, software, and service work that supports therapy programs from preclinical testing through clinical use.
Execution depends on device clearance and certification, hospital adoption of MRI-suite and operating-room workflows, therapy partners advancing CNS programs, and integration of the neurocritical-care line. Financing needs remain tied to operating losses, R&D, regulatory work, commercial expansion, and acquisition integration.
Company facts
Categories
Key statistics
Year to date +10.8% · Average volume (30d) 599.0K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior target | Target |
|---|---|---|---|---|
| Aug 4, 2026 | Lake Street | Target | $30 | $25 |
| Aug 4, 2026 | Stifel Nicolaus | Target | $16 | $22 |
| Jun 9, 2026 | Stifel Nicolaus | Target | $9 | $16 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 3, 2026Q2 FY26 | −$0.29 | −$0.38 | −32.6% | $12.7M | $10.9M | −14.6% | −16.25% |
| May 13, 2026Q1 FY26 | −$0.28 | −$0.32 | −14.3% | $12.0M | $12.1M | +1.3% | +4.76% |
| Mar 17, 2026Q4 FY25 | −$0.22 | −$0.27 | −22.7% | $10.1M | $10.4M | +3.5% | −13.89% |
| Nov 6, 2025Q3 FY25 | −$0.20 | −$0.21 | −5.0% | $10.4M | $8.9M | −14.8% | −13.27% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $8.5M | $9.2M | $8.9M | $10.4M | $12.1M | $10.9M | |
| Gross profit | $5.1M | $5.6M | $5.6M | $6.4M | $7.5M | $6.9M | |
| Operating income | −$6.2M | −$5.7M | −$5.3M | −$7.0M | −$8.5M | −$10.2M | |
| Net income | −$6.0M | −$5.8M | −$5.9M | −$7.8M | −$9.6M | −$11.3M | |
| Diluted EPS | −$0.22 | −$0.21 | −$0.21 | −$0.27 | −$0.32 | −$0.38 | |
| Gross margin | 60.5% | 60.3% | 63.2% | 61.5% | 62.2% | 63.6% | |
| Operating margin | -72.6% | -61.6% | -59.5% | -67.7% | -69.9% | -94.2% |
Fiscal years (4-quarter sums)FY21 $16.3M · FY22 $20.6M · FY23 $24.0M · FY24 $31.4M · FY25 $37.0M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $29.4M · Total debt $63.9M · Total assets $86.7M · Shareholders' equity $10.8M
Dividends
No dividends on record.
Ownership
Shares outstanding 29.99M · Float 26.58M · 88.6% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 2.38M | 7.94% | 13F | Aug 7, 2026 |
| Mak Capital One LLC | 2.38M | 7.92% | 13F | Aug 14, 2026 |
| Vanguard Capital Management LLC | 1.23M | 4.11% | 13F | Aug 13, 2026 |
| State Street Corp | 816.5K | 2.72% | 13F | Aug 7, 2026 |
| Geode Capital Management, LLC | 749.9K | 2.50% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 29, 2026 | Joseph Burnett | director, officer: CEO and President | −20,000 | $19.38 |
| Jun 17, 2026 | Joseph Burnett | director, officer: CEO and President | −61,843 | $17.79 |
| Jun 1, 2026 | Timothy T. Richards | director | −5,415 | $12.17 |
| May 21, 2026 | Matthew B. Klein | director | −16,000 | $11.59 |
| May 20, 2026 | Lynnette C. Fallon | director | −5,091 | $11.14 |
Peers
- Medtronic
Multi-front rival in neuro navigation, laser ablation, and EVD/ICP
- Zimmer Biomet
OR stereotactic robot alternative for DBS, SEEG, biopsy, and endoscopy
- Stryker
Cranial navigation rival in OR planning and guided instrument placement
- Integra LifeSciences
Neurocritical-care rival in EVD catheters and ICP monitoring
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| ClearPoint Neuro | $15.58 | +0.19% | $466.3M | — | — | 11.0 | +18.1% |
| Medtronic | $91.58 | +0.42% | $116.78B | 24.5 | 15.3 | 3.2 | +9.9% |
| Zimmer Biomet | $100.91 | −0.00% | $19.52B | 24.6 | 11.5 | 2.3 | +4.8% |
| Stryker | $334.18 | +1.06% | $126.77B | 34.3 | 20.6 | 4.9 | +9.4% |
| Integra LifeSciences | $16.89 | 0.00% | $1.31B | — | 6.6 | 0.8 | +0.8% |
| Median | 24.6 | 13.4 | 2.8 | +7.1% |






