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.

CVRx, Inc.

CVRXNASDAQ
Wall Street Score · overall investment21/100
$1.43USD+$0.03 (+1.79%)
Company website www.barostim.com
Headquarters9201 West Broadway Avenue, Minneapolis, MN, 55445, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Medical - Devices
Price updated todayFinancials updated Oct 1, 2026

CVRX · Price history

Price at last available close

$1.43

−$1.20 (-45.63%) 1M

2026-10-29

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Company & revenue

About CVRx, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 13, 2026. A research update is not a new financial filing.

Who they are

CVRx, Inc. is a commercial-stage medical technology company focused on innovating, producing, and bringing to market neuromodulation solutions designed for individuals battling cardiovascular diseases. Its principal offering, Barostim, is an advanced neuromodulation device specifically indicated to ameliorate symptoms for patients diagnosed with heart failure characterized by reduced ejection fraction, often referred to as systolic heart failure. The company employs a diverse distribution strategy, leveraging its internal sales force, alongside sales agents and independent distributors, to reach markets across the United States, Germany, the wider European continent, and other global territories.

How they make money

CVRx generates revenue primarily through the sale of its proprietary Barostim neuromodulation system to hospitals and medical centers. The company operates a direct sales force in the U.S. to market to electrophysiologists and heart failure specialists, while utilizing a combination of direct sales and distributors in international markets.

Products & services

The Barostim system is a minimally invasive, implantable neuromodulation device designed to treat patients with heart failure by activating the body's baroreflex to regulate cardiovascular function.

Brands & revenue mix

Barostim

The company's primary neuromodulation system for heart failure.

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

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

UNITED STATESUSD 51.88M91.6%

Period ended 2025-12-31Source

GERMANYUSD 4.77M8.4%

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%.

Customer types

Customer concentration

The company does not report significant customer concentration; revenue is derived from a broad base of hospitals and implanting centers.

Suppliers, materials & equipment

  • Contract Manufacturers — The company relies on third-party manufacturers for the production of components and finished devices.Source

Competitors

  • Medtronic — Competes in the broader cardiovascular and neuromodulation device markets.Source
  • Boston Scientific — Competes in the cardiovascular device market.Source
  • Abbott Laboratories — Competes in the cardiovascular and neuromodulation device markets.Source

Strengths

  • Proprietary neuromodulation technologySource
  • FDA-approved therapy for heart failureSource

Risks

  • Dependence on third-party manufacturersSource
  • Regulatory approval and reimbursement uncertaintySource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

21

Poor

PoorElite

View category scores →

Company Quality

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

26

Poor

Financial Strength

24

Business Quality / Moat

17

Management

40

Growth Quality

33

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?

39

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 CVRX

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 CVRX maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •How long can CVRX fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Does CVRX's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •What specifically needs to improve for CVRX to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify CVRX's current valuation?
Debt service risk
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

21

0–100 · Poor

Opportunity Score

39

0–100 · Weak

Market Cap

$38.0M

P/E Ratio

-0.9

EPS

$-1.98

52-Week High

$11.30

52-Week Low

$1.65

Beta

0.76

Analyst Target

$4.00

Shares Outstanding

26.1M

Total Revenue

$61.2M

Total Debt

$59.4M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$0.76

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
31/ 100
+21 pts / 5d

Weakening momentum

5D +4.4% · 20D -6.5% · RSI 38 · Price vs 20D avg -1.8%
Volatility
52/ 100
-28 pts / 5d

Normal movement

20D realized vol 61.9% · 60D 216.0% · Acceleration 0.29x
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 CVRX

Detected from reported data — verify before acting.

Debt service risk

Interest coverage is low (~-8.8x). 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 CVRX.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Proprietary neuromodulation technology.
  • +FDA-approved therapy for heart failure.

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 third-party manufacturers.
  • −Regulatory approval and reimbursement uncertainty.
  • −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
Very Weak21/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

21

Tap for breakdown →

Poor

35

Debt Cost11.5%
Debt Reduction YoY-0.7%
Debt / Equity1.29x

Tap for breakdown →

Poor

37

Revenue YoY8.0%
Revenue CAGR20.1%
Net Margin-84.9%

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Poor

37

Asset Growth YoY-21.5%
Liquidation/Share$0.76
Net Assets/MCap0.71x

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Poor

0

Earnings Yield-111.9%
Buyback Yield0.0%
Debt Cost11.5%

Tap for breakdown →

Weak

40

ROIC-347.4%
ROE-260.5%
ROA-56.3%

Tap for breakdown →

Poor

17

EPS Growth—
FCF/Share Growth—
Rev/Share Growth-3.8%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

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Poor

30

Revenue37
Moat17
Valuation0

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Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

19

Interest Coverage-8.8x
ROIC-347.4%
FCF Yield-87.8%

Tap for breakdown →

Poor

25

Financial19
Valuation0
Debt35

Tap for breakdown →

Poor

30

Survival Years1.9 yrs
Current Ratio7.63x
FCF Margin-71.9%

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Score Changes

6 historical score records available

Previous Score

19

Sep 17, 2026

Change

+1.5

points

Current Score

21

Oct 1, 2026

Category Changes

Revenue+5.5
Debt0
Assets+9.4
Capital0
Management0
Moat0
Valuation0
Buffett+2.5

CVRX increased 1.5 points because Revenue improved by 5.5 points, Asset improved by 9.4 points, Buffett improved by 2.5 points.

Positive Contributors

  • + Revenue improved by 5.5 points
  • + Asset improved by 9.4 points
  • + Buffett improved by 2.5 points

Projected Score

Projected Score

22

Projected Change

+1.4 points

Preliminary comparable-period financial changes suggest improvement of approximately 1.4 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$1.43

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

2019202020212022202320242025$0$15M$30M$45M$60M

Additional Metrics

Operating Cash Flow

2019202020212022202320242025-$45M-$36M-$27M-$18M-$9M

Total Debt

2019202020212022202320242025$0$15M$30M$45M$60M

Total Assets

2019202020212022202320242025$0$40M$80M$120M$160M

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 ItemTTM2025202420232022202120202019
Revenue$61.2M$56.7M$51.3M$39.3M················
Cost of Revenue$8.2M$8.3M$8.3M$6.3M················
Gross Profit$53.0M$48.3M$43.0M$33.0M················
Research & Development$12.4M$11.1M$11.1M$11.6M················
SG&A Expenses$89.3M$88.5M$91.3M$64.5M················
Operating Expenses$101.6M$99.6M$102.4M$76.1M················
EBITDA-$45.0M-$46.7M-$54.9M-$38.7M················
Operating Income-$48.6M-$51.3M-$59.5M-$43.1M················
Interest Expense$6.0M$5.8M$4.4M$1.8M················
Income Before Tax-$52.0M-$53.3M-$59.9M-$41.1M················
Income Tax Expense-$8K-$18K$55K$147K················
Net Income-$52.0M-$53.3M-$60.0M-$41.2M················
Basic EPS$-1.98$-2.04$-2.65$-1.99················
Basic Shares26.52M26.08M22.60M20.70M················
Diluted Shares26.52M26.08M22.60M20.75M················
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 4, 2026
Estimated EPS: -$0.49Estimated revenue: $13.9M
Jun 30, 2026Q2FY2026

Revenue

$15.7M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.53

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+17.5%

Cash Change

-32.0%

Margin Change

+19.0 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 Improved

  • Margins expanded

What Weakened

  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, net income margin. Pressure indicators included EPS growth, cash levels, debt levels. 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 15.6%. EPS declined 7.0%. Cash declined 32.0%. Total debt increased 17.5%. Net income margin improved by 19.0 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.

Upgrade to Premium to unlock all earnings history.View plans
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

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

6 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 5, 26Sep 17, 26Oct 1, 260255075100

Historical Score Chart

3 of 6 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 3 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Debt Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Revenue Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Asset Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Capital Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Management Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Moat Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Valuation Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Buffett Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · CVRX

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.

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