NeuroPace, Inc. (NPCE) shares soared 9.1% in the last trading session to close at $13.06. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.6% gain over the past four weeks.NeuroPace recorded a strong price rise on investors’ optimism surrounding the company’s announcement of preliminary fourth quarter and full year 2024 financial results. The company expects total revenue for fourth quarter to be between $21.0 million and $21.5 ...

Core Insights - NeuroPace, Inc. announced preliminary unaudited revenue expectations for Q4 2024 between $21.0 million and $21.5 million, and for the full year 2024 between $79.4 million and $79.9 million, indicating growth of 17% to 19% for Q4 and 21% to 22% for the full year compared to 2023 [1][8] Financial Performance - The company achieved over 20% revenue growth in 2024, with strong gross margin performance and reduced cash burn while investing in long-term growth [4] - Cash and short-term investments as of December 31, 2024, are expected to be $52.8 million, with total shares of common stock outstanding anticipated to be 30,145,039 [8] Management and Board Updates - Scott Huennekens was appointed to the Board of Directors effective January 6, 2025, bringing extensive management and investment experience in the medtech sector [5][6] - Huennekens has a successful track record with over 20 medical device companies, contributing to significant shareholder value [7] Upcoming Events - The company will present at the 43rd Annual J.P. Morgan Healthcare Conference on January 15, 2025, and will host an Investor Day on January 28, 2025, in New York City [14]

Core Viewpoint - The upgrade of NeuroPace to a Zacks Rank 2 (Buy) reflects an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [6][12]. Earnings Estimates - Analysts have raised their earnings estimates for NeuroPace, with the Zacks Consensus Estimate increasing by 7.9% over the past three months [4]. - The company is expected to earn -$1 per share for the fiscal year ending December 2024, representing a year-over-year change of 21.3% [10]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [3]. - NeuroPace's upgrade places it in the top 20% of Zacks-covered stocks, indicating its strong earnings estimate revision feature [5][12]. - The Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings, ensuring that only the top 5% of stocks receive a 'Strong Buy' rating [11]. Market Implications - The change in earnings estimates is strongly correlated with near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [8]. - Tracking earnings estimate revisions can be beneficial for investment decisions, as empirical research shows a strong correlation between these revisions and stock movements [9].

Company Overview - NeuroPace, Inc. is a medical device company based in Mountain View, California, focused on transforming the lives of people living with epilepsy by reducing or eliminating debilitating seizures [3] - The company offers the RNS System, which is the first and only commercially available brain-responsive platform that delivers personalized, real-time treatment at the seizure source [3] - The RNS System aims to improve the standard of care for patients with drug-resistant epilepsy and has potential applications for other brain disorders [3] Upcoming Events - NeuroPace's management team will present at the 43rd Annual J.P. Morgan Healthcare Conference on January 15, 2025, at 4:30 PM PT (7:30 PM ET) in San Francisco, CA [1] - The presentation will be accessible via live webcast, with a replay available for two weeks following the event on NeuroPace's Investor website [2]

Core Insights - NeuroPace, Inc. will host an Investor Day on January 28, 2025, in New York City to discuss its vision for RNS technology and future plans [1][2] - The event will feature management presentations on recent results, market strategies, and clinical development for the RNS System, along with guest speakers including clinical experts and an RNS patient [2] Company Overview - NeuroPace is a medical device company based in Mountain View, California, focused on improving the lives of individuals with epilepsy by reducing or eliminating seizures [3] - The RNS System is the first commercially available brain-responsive platform that provides personalized, real-time treatment at the source of seizures, aiming to enhance care for patients with drug-resistant epilepsy [3]

Core Insights - NeuroPace, Inc. has completed enrollment and implant procedures in its feasibility investigational device exemption (IDE) study of the RNS® System for treating Lennox-Gastaut Syndrome (LGS), a severe form of childhood-onset epilepsy [1][4] - The IDE study aims to evaluate the safety and effectiveness of the RNS System, which has previously shown success in treating medically intractable focal onset seizures in adults [2][3] - The study is funded by a $9.3 million NIH grant and involves 20 patients aged 12 and older with LGS and drug-resistant generalized onset seizures [3] Company Overview - NeuroPace is a commercial-stage medical device company based in Mountain View, California, focused on transforming the lives of individuals with epilepsy through innovative treatments [6] - The RNS® System is the first and only FDA-approved brain-responsive neuromodulation system, designed to provide personalized, real-time treatment by continuously monitoring brain activity [5][6] - The system has demonstrated significant reductions in seizure frequency and improvements in quality of life and cognition without stimulation-related side effects [5] Industry Context - LGS is a debilitating seizure disorder with 85% of affected individuals continuing to experience seizures into adulthood despite aggressive treatment, highlighting the urgent need for innovative treatment options [4] - The RNS System's technology represents a paradigm shift in the treatment of drug-resistant epilepsy, potentially offering better outcomes for a large population suffering from various brain disorders [5][6]

NeuroPace, Inc. (NPCE) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changin ...

Core Viewpoint - NeuroPace, Inc. (NPCE) shares have increased by 38.8% in the past four weeks, closing at $8.98, with a mean price target of $13.86 indicating a potential upside of 54.3% according to Wall Street analysts [1] Price Targets and Analyst Estimates - The mean estimate consists of seven short-term price targets with a standard deviation of $4.14, where the lowest estimate suggests a 10.9% decline to $8, while the highest estimate predicts a 100.5% increase to $18 [2] - A low standard deviation indicates a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Sentiment - There is growing optimism among analysts about NPCE's earnings prospects, as evidenced by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 7.6%, with four estimates moving higher and no negative revisions [10] Zacks Rank and Investment Potential - NPCE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside in the near term [11] - While consensus price targets may not be reliable for predicting the extent of gains, they can provide a useful guide for the direction of price movement [12]

NeuroPace, Inc. (NASDAQ:NPCE) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Jeremy Feffer – Investor Relations Joel Becker – Chief Executive Officer Rebecca Kuhn – Chief Financial Officer Conference Call Participants Frank Takkinen – Lake Street Capital Markets Mike Kratky – Leerink Partners Vik Chopra – Wells Fargo Ross Osborn – Cantor Fitzgerald Michael Polark – Wolfe Research Operator Greetings and welcome to NeuroPace’s Third Quarter 2024 Earnings Conference Call. At ...

Financial Performance - NeuroPace, Inc. reported a quarterly loss of $0.19 per share, better than the Zacks Consensus Estimate of a loss of $0.26, and an improvement from a loss of $0.28 per share a year ago, representing an earnings surprise of 26.92% [1] - The company posted revenues of $21.06 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 8.95%, and up from $16.43 million in the same quarter last year [2] - Over the last four quarters, NeuroPace has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - NeuroPace shares have declined approximately 29.4% since the beginning of the year, contrasting with the S&P 500's gain of 25.8% [3] - The current Zacks Rank for NeuroPace is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.25 on revenues of $20.54 million, and for the current fiscal year, it is -$1.08 on revenues of $77.25 million [7] - The estimate revisions trend for NeuroPace is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7] Industry Context - NeuroPace operates within the Medical - Instruments industry, which is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - The performance of NeuroPace's stock may be influenced by the overall outlook for the industry [8]