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ClearPoint Neuro Gets EU Green Light For Updated Brain Surgery Software
Benzinga· 2026-01-23 16:16
Core Insights - ClearPoint Neuro, Inc. has received EU MDR Certification for its ClearPoint Navigation Software Version 3.0.2, which enhances its global navigation platform by introducing intraoperative CT workflow capabilities [1][2] - The software aims to improve access to precision-guided neurosurgery for facilities lacking intraoperative MRI capabilities, providing precise stereotactic guidance during various neurosurgical procedures [2][3] Financial Performance - Preliminary fourth-quarter 2025 revenues are approximately $10.4 million, reflecting a 20% year-over-year growth [3] - Full-year revenue for 2025 is around $37 million, with 2026 revenue expectations between $54 million and $60 million, driven by organic growth and the integration of the IRRAflow product line [4] - Strong growth in core markets, including functional neurosurgery disposables and biologics, with increases of 23% and 26% respectively [4][5] Stock Performance - The stock is currently trading 2.9% above its 20-day simple moving average (SMA) and 4.1% above its 50-day SMA, indicating short-term strength, but remains 11.4% below its 100-day SMA [6] - Over the past 12 months, shares have decreased by 20.08%, indicating a longer-term downtrend [8] - Analysts expect a loss of $0.21 per share in the upcoming earnings report, with expected revenue of $10.4 million, up from $7.77 million in the same quarter last year [9] Market Sentiment - The stock has a Buy rating among analysts with an average price target of $27.67 [9] - Current momentum is considered bearish, with a Benzinga Edge score of 37.58, indicating underperformance relative to the broader market [11]