News · Hyperfine, Inc. (HYPR) · Healthcare
Hyperfine rises 10.7% after reporting preliminary quarterly revenue and reaffirming outlook
What happened
Hyperfine (HYPR) rose 10.7% on October 8, 2026, after it reported preliminary third-quarter revenue of approximately $6.0 million and reaffirmed full-year 2026 revenue guidance of approximately $20 to $22 million, according to a Business Wire release. The company also disclosed preliminary figures for net cash burn and for quarter-end cash and cash equivalents. The stock opened 16.6% above the previous close and finished at $0.94, with trading volume 19.6 times its 20-day average. The session was distinct from broader market action: the S&P 500 fell 0.5% while the Healthcare sector median fell 0.5%.
How big was the move
The day's gain was large and mostly company-specific: the stock moved 3.5 times a typical daily move for this stock and outperformed its sector by 11.3 percentage points. Its market value was $75.3 million at the close. Trading volume that was 19.6 times its 20-day average and a strong open suggested active investor interest. Over the last five sessions the stock rose 7.8% while the S&P 500 rose 1.3%, reinforcing that company news likely drove the rally.
In the past five years the stock had 50 sessions with a gain of at least 10.7%. Twenty trading days later the median result was a decline of 11.1%, and 14 of 50 were higher. Those historical instances provide context for how similar single-session gains have tended to perform.
The technical picture
The stock traded 14.2% above its 20-day moving average and 9.0% above its 50-day moving average, while remaining 18.3% below its 200-day moving average. The 50-day average is below the 200-day average, a sign of a weak longer-term trend. It was 57.7% below its 52-week high. The Relative Strength Index (14 days) read 65, in a neutral range between 30 and 70. Volatility was 49% annualized over 60 days, lower than 93% of its own readings over five years, implying current swings are not at the extreme end of the stock’s recent history. Over one month the stock rose 18.9%, over three months it fell 13.8% and over one year it fell 45.3%, leaving it 61.0 percentage points behind the S&P 500 for the past year.
Fundamentals and valuation
For the four quarters through June 30, 2026, revenue was $16.5 million, which grew 53.2% from a year earlier. Gross margin was 51.4% (a year earlier: 45.8%) and diluted earnings per share were $-0.38. The company reported operating margin of 203.3% (a year earlier: 391.1%) and free-cash-flow margin of 166.5%. Return on invested capital was 62.8% and the balance sheet showed net cash of $30.0 million. Share count over one year increased by 27.8%. Free-cash-flow yield was 36.6%.
PromtFinance sector-ranked scores place Hyperfine’s Growth at 95 (Exceptional) while Value is 23 (Very weak), Quality is 20 (Very weak), Momentum is 19 (Very weak), Revisions are 34 (Weak) and Stability is 60 (Neutral). Those scores highlight strong recent revenue growth against weaker measures of quality and momentum.
Earnings and analyst expectations
The company said it will report third-quarter 2026 financial results on November 9, 2026, and will host a conference call with management, according to the Business Wire release. Separately, the earnings-data file lists the next report as November 12, 2026. The last report, on August 6, 2026, showed earnings per share of $-0.09 against $-0.09 expected, 0.0% above estimates. Hyperfine has had 0 consecutive quarters beating estimates and an average surprise over the last four reports of 2.5% below estimates. Typical two-day reactions after recent reports have been modestly positive, with the stock rising 4.6% on average.
Five analysts provide ratings, with the consensus rated Buy and 80% of ratings at Buy; the consensus price target is $2.00, 112.7% above the closing price.
What to watch
- November 9, 2026: company said it will report third-quarter 2026 financial results and host a conference call with management
- November 12, 2026: next scheduled earnings report
- Preliminary third-quarter revenue of approximately $6.0 million, as disclosed in the Business Wire release
- Reaffirmed full-year 2026 revenue outlook of approximately $20 to $22 million
- Preliminary figures for net cash burn and for quarter-end cash and cash equivalents for the quarter