Stocks · Healthcare · Medical - Devices

Pulmonx Corporation LUNG

$1.83 -4.19% Close, Oct 2, 2026 · NASDAQ · Market cap $77.3M

High risk

Next earnings report: Nov 11, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Operating margin widened to -53.0% from -62.9% a year earlier.
  2. The stock is in an uptrend: above its 200-day average for 46 trading days, with the 50-day average above the 200-day.
  3. Revenue over the last four quarters was $87.4M, down 3.4% from a year earlier, slowing from 1.2% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Healthcare sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth32Weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 25%
  • Revenue growth, 3-year CAGRTop 32%
  • Revenue growth accelerationBottom 27%
Quality48Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 27%
  • Gross marginTop 34%
  • Operating marginBottom 35%
  • Accruals (lower is better)Top 22%
  • Interest coverBottom 31%
Value30Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 12%
  • Free-cash-flow yieldBottom 12%
  • EBITDA / enterprise valueBottom 10%
  • Sales / enterprise valueTop 8%
Momentum58Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 40%
  • 6-month returnTop 26%
  • 1-year return vs S&P 500Bottom 48%
  • Distance from 52-week highBottom 44%
  • Trend checklist (0–4)Top 39%
Revisions69Positive

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 29%
  • Consecutive EPS beatsBottom 49%
  • Share of analysts rating BuyBottom 12%
  • Upside to consensus price targetTop 6%
Stability8Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 8%
  • Maximum drawdown, 3 yearsBottom 11%
  • Beta vs S&P 500 (lower is better)Bottom 33%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)1.2%-3.4%↓
Gross margin73.1%77.1%↑
Operating margin-62.9%-53.0%↑
FCF margin-35.4%-35.1%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-3.4%1.2%↓Bottom 25%
Gross margin77.1%73.1%↑Top 34%
Operating margin-53.0%-62.9%↑Bottom 35%
Net margin-55.0%-62.9%↑—
Free-cash-flow margin-35.1%-35.4%↑—
Return on invested capital-48.4%—Bottom 27%
Revenue growth, 3-year CAGR19.0%—Top 32%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-15.3%
Stock-based compensation / revenueA cost to shareholders through dilution.
10.1%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-21.9 pp
Interest cover (operating income / interest)How many times operating profit covers interest.
-12.3×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
-0.45%
Shareholder yield
-0.45%
Share count change, 1 year
+5.0%
Share count change, 3-year CAGR
+3.7%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
7 of 8
Average EPS surprise, last 4
+16.3%
Average 2-day reaction, last 8
-3.2%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$10.00
Target vs current price
+446.4%
Analysts with a rating
9
Share rating Buy or Strong Buy
44%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 29, 2026+14.3%+0.0%+64.8%+100.0%—
Apr 29, 2026+0.0%-2.4%+3.3%+25.2%-4.9%
Mar 4, 2026+35.9%-5.9%+17.0%-15.7%+9.8%
Nov 12, 2025+15.0%-6.2%-33.0%+17.7%-26.3%
Jul 30, 2025+5.0%+1.9%-46.9%-42.7%-48.2%
Apr 30, 2025+2.7%-8.3%-34.7%-43.8%-36.6%
Feb 19, 2025+26.7%-5.0%+24.2%+14.0%-53.4%
Oct 30, 2024+16.3%+0.3%+5.0%-4.6%-10.6%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 29, 2026-$0.24-$0.28+14.3%$22.8M
Apr 29, 2026-$0.33-$0.33+0.0%$20.6M
Mar 4, 2026-$0.25-$0.39+35.9%$22.6M
Nov 12, 2025-$0.34-$0.40+15.0%$21.5M
Jul 30, 2025-$0.38-$0.40+5.0%$23.9M
Apr 30, 2025-$0.36-$0.37+2.7%$22.5M
Feb 19, 2025-$0.33-$0.45+26.7%$23.8M
Oct 30, 2024-$0.36-$0.43+16.3%$20.4M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / Sales0.89×——Top 8%
Free-cash-flow yield-39.68%——Bottom 12%
Earnings yield-62.84%——Bottom 12%

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
46
50-day average slope (20 days)
+12.8%
200-day average slope (20 days)
+0.6%
Distance from 50-day average
-10.0%
Distance from 200-day average
+8.8%
RSI (14)
39.9
Relative volume
0.66×

Risk and drawdowns

Volatility, 60 days (annualized)
100.2%
Volatility vs own 5-year history
82th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
1.44
Correlation with S&P 500
0.23
Current drawdown from 1-year high
-29.6%
Maximum drawdown, 3 years
-92.0%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Dec 31, 2020Mar 27, 2026-98.3%1314 daysNot yet recovered
Nov 27, 2020Dec 14, 2020-15.3%11 days5 days (Dec 21, 2020)
Oct 20, 2020Oct 27, 2020-14.1%5 days20 days (Nov 24, 2020)
Oct 7, 2020Oct 13, 2020-12.2%4 days4 days (Oct 19, 2020)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$77.3M
EPS, diluted (TTM)
-$1.15
Revenue (TTM)
$87.4M
52-week range
$1.13 – $2.89
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$48.4M$53.7M$68.7M$83.8M$90.5M
Gross profit$35.6M$39.9M$50.8M$62.0M$67.1M
Operating income-$47.3M-$58.6M-$61.9M-$57.7M-$53.7M
Net income-$48.7M-$58.9M-$60.8M-$56.4M-$54.0M
EPS (diluted)-$1.35-$1.59-$1.60-$1.44-$1.33
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$20.4M$23.8M$22.5M$23.9M$21.5M$22.6M$20.6M$22.8M
Net income-$14.1M-$13.2M-$14.4M-$15.2M-$14.0M-$10.4M-$13.7M-$10.1M
EPS (diluted)-$0.36-$0.33-$0.36-$0.38-$0.34-$0.25-$0.33-$0.23
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$41.4M-$45.1M-$37.6M-$31.5M-$32.4M
Capital expenditure-$3.7M-$1.3M-$807,000-$1.4M-$452,000
Free cash flow-$45.1M-$46.5M-$38.4M-$33.0M-$32.9M
Dividends paid$0$0$0$0$0
Net share buybacks$4.5M$2.6M$0$0$1.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$55.8M
Total assets
$114.7M
Total liabilities
$75.5M
Total debt
$56.2M
Net debt
$368,000
Shareholders’ equity
$39.2M

As of Jun 30, 2026 (filed Aug 4, 2026).

Short interest

Shares sold short
847,842
Days to cover
2.51
Change vs previous report
-13.2%

FINRA short interest, settlement date Sep 15, 2026.