Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

CeriBell, Inc.

CBLLNASDAQ
Wall Street Score · overall investment26/100
$27.81USD+$0.59 (+2.16%)
Company website ceribell.com
Headquarters360 North Pastoria Avenue, Sunnyvale, CA, 94085, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Medical - Devices
Price updated todayFinancials updated Oct 1, 2026

CBLL · Price history

Price at last available close

$27.80

+$2.94 (+11.82%) 1M

2026-10-29

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Company & revenue

About CeriBell, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

CeriBell, Inc. specializes in pioneering artificial intelligence (AI)-powered electroencephalography (EEG) solutions designed for the immediate diagnosis and treatment of neurological conditions directly at the patient's bedside. The company's primary offering is the Ceribell System, an innovative, on-site EEG platform engineered to fulfill crucial, previously unmet requirements for patients in urgent medical environments. Beyond the core system, CeriBell also provides single-use EEG headbands and compact, battery-powered recording devices.

How they make money

Ceribell generates revenue primarily through the sale of disposable wearable EEG headbands and recurring monthly subscription fees for access to its cloud-based portal, seizure detection algorithms, and recording hardware. The company operates a razor-and-blade business model where the initial deployment of the Ceribell System hardware facilitates ongoing, recurring usage-based revenue from disposables and software services in acute-care hospital settings.

Products & services

The Ceribell System is a point-of-care electroencephalography (EEG) platform that combines portable hardware with AI-powered algorithms for rapid seizure detection and continuous neurological monitoring.

Brands & revenue mix

Ceribell System

The primary point-of-care EEG platform and associated disposable components.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

ProductUSD 67.33M75.6%

Period ended 2025-12-31Source

SubscriptionUSD 21.73M24.4%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Acute-care hospitalsSource
  • Academic medical centersSource
  • Community hospitalsSource
  • Veterans Administration hospitalsSource

Customer concentration

The company does not disclose specific customer concentration figures in its 2025 annual report.

Suppliers, materials & equipment

  • Contract Manufacturers — The company relies on third-party contract manufacturers for the production of its hardware components and disposable headbands; specific supplier names are not disclosed.Source

Strengths

  • Proprietary AI-powered seizure detection algorithmsSource
  • Rapidly deployable and portable hardware designSource

Risks

  • Dependence on sales from the use of the Ceribell SystemSource
  • Reliance on third-party manufacturers for productionSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

26

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

39

Poor

Financial Strength

32

Business Quality / Moat

50

Management

40

Growth Quality

45

Risk / Durability

23

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

36

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

49/100

Building Historical Record

Model Score 49/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like

No strong positive signal is being highlighted from the currently available summary data.

What to watch
  • •Debt service risk
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for CBLL

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can CBLL maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •How long can CBLL fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Does CBLL's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •What specifically needs to improve for CBLL to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify CBLL's current valuation?
Debt service risk
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

26

0–100 · Poor

Opportunity Score

36

0–100 · Weak

Market Cap

$1.07B

P/E Ratio

-13.9

EPS

$-1.76

52-Week High

$25.63

52-Week Low

$10.85

Beta

0.81

Analyst Target

$27.50

Shares Outstanding

36.5M

Total Revenue

$102.0M

Total Debt

$21.9M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$3.51

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
85/ 100
+5 pts / 5d

Strong upward momentum

5D +1.5% · 20D +17.7% · RSI 69 · Price vs 20D avg +7.3%
Volatility
56/ 100
-4 pts / 5d

Elevated movement

20D realized vol 60.3% · 60D 49.2% · Acceleration 1.23x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CBLL

Detected from reported data — verify before acting.

Debt service risk

Interest coverage is low (~-30.9x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CBLL.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Proprietary AI-powered seizure detection algorithms.
  • +Rapidly deployable and portable hardware design.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Medical - Devices industry.
  • −Dependence on sales from the use of the Ceribell System.
  • −Reliance on third-party manufacturers for production.
  • −Negative free cash flow may increase the need for outside financing and dilution.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak26/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

26

Tap for breakdown →

Weak

49

Debt Cost8.5%
Debt Reduction YoY-1.4%
Debt / Equity0.14x

Tap for breakdown →

Poor

36

Revenue YoY14.5%
Revenue CAGR40.3%
Net Margin-64.7%

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Weak

40

Asset Growth YoY-13.1%
Liquidation/Share$3.51
Net Assets/MCap0.16x

Tap for breakdown →

Poor

0

Earnings Yield-7.1%
Buyback Yield0.0%
Debt Cost8.5%

Tap for breakdown →

Weak

40

ROIC-49.7%
ROE-51.4%
ROA-39.7%

Tap for breakdown →

Fair

50

EPS Growth—
FCF/Share Growth—
Rev/Share Growth31.7%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

39

Revenue36
Moat50
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

25

Interest Coverage-30.9x
ROIC-49.7%
FCF Yield-4.5%

Tap for breakdown →

Poor

34

Financial25
Valuation0
Debt49

Tap for breakdown →

Poor

30

Survival Years3.8 yrs
Current Ratio9.73x
FCF Margin-46.7%

Tap for breakdown →

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Score Changes

5 historical score records available

Previous Score

26

Sep 14, 2026

Change

Unchanged

Current Score

26

Oct 1, 2026

Category Changes

Revenue0
Debt0
Assets-0.1
Capital0
Management0
Moat0
Valuation0
Buffett0

CBLL score was unchanged.

Projected Score

Projected Score

32

Projected Change

+5.6 points

Preliminary comparable-period financial changes suggest improvement of approximately 5.6 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$27.81

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

2022202320242025$0$25M$50M$75M$100M

Additional Metrics

Operating Cash Flow

2022202320242025-$42M-$39M-$35M-$32M-$28M

Total Debt

2022202320242025$0$6M$12M$18M$24M

Total Assets

2022202320242025$0$60M$120M$180M$240M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022
Revenue$102.0M$89.1M$65.4M$45.2M····
Cost of Revenue$11.3M$10.8M$8.7M$7.1M····
Gross Profit$90.6M$78.3M$56.8M$38.2M····
Research & Development$23.0M$19.1M$13.6M$9.0M····
SG&A Expenses$137.7M$117.5M$82.9M$59.2M····
Operating Expenses$160.6M$136.7M$96.5M$68.2M····
EBITDA-$63.1M-$50.2M-$37.3M-$26.5M····
Operating Income-$70.0M-$58.4M-$39.7M-$30.0M····
Interest Expense$1.8M$1.9M$2.0M$2.1M····
Income Before Tax-$66.0M-$53.4M-$40.5M-$29.5M····
Income Tax Expense$0.00$0.00$0.00$11K····
Net Income-$66.0M-$53.4M-$40.5M-$29.5M····
Basic EPS$-1.76$-1.46$-1.13$-1.26····
Basic Shares38.03M36.54M35.85M23.32M····
Diluted Shares38.03M36.54M35.85M23.32M····
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 3, 2026
Estimated EPS: -$0.50Estimated revenue: $29.2M
Jun 30, 2026Q2FY2026

Revenue

$28.1M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.51

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+1.7%

Cash Change

-18.6%

Margin Change

-4.2 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Weakened

  • Margins contracted
  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, EPS growth. Pressure indicators included cash levels, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 32.5%. EPS increased 34.2%. Cash declined 18.6%. Total debt increased 1.7%. Net income margin declined by 4.2 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

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Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

5 historical records
Jul 23, 26Aug 12, 26Sep 2, 26Sep 14, 26Oct 1, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Debt Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Revenue Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Asset Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Capital Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Management Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Moat Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Valuation Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Buffett Score

Sep 2, 26Sep 14, 26Oct 1, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · CBLL

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

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Highest Wall Street Score stocksBest growth stocksBest healthcare stocksHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

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