Ceribell Inc (NASDAQ: CBLL) Stock: Does It Have More Upside?

In the last trading session, 2.29 million shares of the Ceribell Inc (NASDAQ:CBLL) were traded. Most recently the company’s share price was $15.00, and it changed around $3.85 or 34.53% from the last close, which brings the market valuation of the company to $538.05M. CBLL currently trades at a discount to its 52-week high of $32.75, offering almost -118.33% off that amount. The share price’s 52-week low was $10.01, which indicates that the current value has risen by an impressive 33.27% since then. We note from Ceribell Inc’s average daily trading volume that its 10-day average is 0.5 million shares, with the 3-month average coming to 205.14K.

Ceribell Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended CBLL as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Ceribell Inc is expected to report earnings per share of -0.46 for the current quarter.

Ceribell Inc (NASDAQ:CBLL) trade information

Instantly CBLL has showed a green trend with a performance of 34.53% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 19.64 on recent trading dayincreased the stock’s daily price by 23.63%. The company’s shares are currently down -42.04% year-to-date, but still down -18.66% over the last five days. On the other hand, Ceribell Inc (NASDAQ:CBLL) is -29.91% down in the 30-day period. We can see from the shorts that 1.43 million shares have been sold at a short interest cover period of 7.5 day(s).

The consensus price target as assigned by Wall Street analysts is $30, which translates to bulls needing to increase their stock price by 50.0% from its current value. Analyst projections state that CBLL is forecast to be at a low of $30 and a high of $30.

Ceribell Inc (CBLL) estimates and forecasts

The year-over-year growth rate is expected to be 27.91%, up from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 19.3M in revenue for the current quarter. 5 analysts expect Ceribell Inc to make 20.07M in revenue for the current ending quarter.

Ceribell Inc earnings are expected to increase by 52.00% in 2025, but the outlook is positive 35.69% per year for the next five years.

CBLL Dividends

Ceribell Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24.

Ceribell Inc (NASDAQ:CBLL)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 10.00% of Ceribell Inc shares, and 82.03% of them are in the hands of institutional investors. The stock currently has a share float of 91.14%.

Fidelity Securities Fund-Fidelity Small Cap Growth Fund and Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 1.18 shares worth $17.65 million, making up 3.28% of all outstanding shares. On the other hand, Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund held roughly 667.78 shares worth around $10.02 million, which represents about 1.86% of the total shares outstanding.