Carlsmed Inc (CARL)

Currency in USD
16.88
+0.13(+0.78%)
Closed·
16.65-0.23(-1.36%)
·
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Fair Value
Day's Range
16.5217.00
52 wk Range
8.5017.23
Key Statistics
Prev. Close
16.75
Open
16.86
Day's Range
16.52-17
52 wk Range
8.5-17.23
Volume
119.84K
Average Volume (3m)
148.06K
1-Year Change
23.3017%
Book Value / Share
3.1
Fair Value
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Fair Value Upside
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CARL Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
19.20
Upside
+13.74%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory

Carlsmed Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

5 Buy
0 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 19.20
(+13.74% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Truist Securities
Buy20.00+18.48%18.00Maintain06/08/2026
Needham
Buy17.00+0.71%-New Coverage01/07/2026
Truist Securities
Buy18.00+6.64%20.00Maintain15/04/2026
BTIG
Buy23.00+36.26%24.00Maintain13/04/2026
Goldman Sachs
Buy17.00+0.71%19.00Maintain09/04/2026

Carlsmed Inc Earnings Call Summary for Q2/2026

  • Q2 revenue surged 57% YoY to $18.9M; gross margin expanded to 76.8% from 73.4% on lower manufacturing costs and improved efficiency.
  • Full-year 2026 revenue guidance raised to $74M-$78M, implying 50%+ growth; new CMS reimbursement codes expected to benefit 2027 and beyond.
  • Net loss widened to $10.5M from $6.8M as operating expenses jumped to $25.6M on increased sales, R&D, and administrative investments.
  • Shares flat at $13.56 post-earnings; Q4 2026 product launches include aprevo bi-lateral lumbar system and Corra Cervical Plating System.
  • Management targets gross margins approaching 80% within 24 months; cervical business now 10% of revenue with expansion continuing in H2 2026.
Last Updated: 05/08/2026, 22:26
Read Full Transcript

Earnings

Latest Release
05/08/2026
EPS / Forecast
-0.39 / -0.39
Revenue / Forecast
18.94M / --
EPS Revisions
Last 90 days

Compare CARL to Peers and Sector

Metrics to compare
CARL
Peers
Sector
Relationship
P/E Ratio
−12.7x−8.8x−0.4x
PEG Ratio
−0.16−0.170.00
Price/Book
5.5x5.0x2.6x
Price / LTM Sales
7.3x3.5x3.1x
Upside (Analyst Target)
7.5%35.2%47.0%
Fair Value Upside
Unlock−7.3%5.6%Unlock

Carlsmed, Inc., a commercial-stage medical technology company, designs, manufactures, and markets AI-enabled personalized spine surgery solutions. The company develops aprevo, a comprehensive technology platform for spine fusion surgery procedures. Its aprevo platform includes proprietary surgical planning software, using outcomes-based algorithms that are aided with artificial intelligence, and resulting custom-built, anatomically designed vertebral interbody implants. The company was incorporated in 2018 and is based in Carlsbad, California.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
3.27M11.97%52.88M
Other Institutional Investors
24.97M88.03%403.97M
Public Companies & Retail Investors
0.000.00%0.00
Total
28.24M100.00%456.84M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
B Capital Group Management, L.P.30.48%8,321,763134,646
B Capital Global Growth III, L.P.18.36%5,013,83981,124

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FAQ

What Is the Carlsmed (NASDAQ: CARL) Share Price Today?

The Carlsmed stock price today is 16.88 USD.

What Stock Exchange Does Carlsmed (CARL) Trade On?

Carlsmed is listed and trades on the Nasdaq Stock Exchange.

What Is the Ticker (Stock Symbol) for Carlsmed?

The stock symbol (also called a 'ticker') for Carlsmed is "CARL."

What Is the Current Carlsmed Market Capitalisation?

As of today, Carlsmed (NASDAQ: CARL) market cap is 457.32M USD.

What Is Carlsmed's (CARL) Earnings Per Share (TTM)?

The Carlsmed EPS is currently -1.43 (Trailing Twelve Months).

When Is the Next Carlsmed Earnings Date?

Carlsmed's next earnings report will be released on 05/11/2026.

Is CARL a Buy or Sell From a Technical Analyst Perspective?

Based on today's Carlsmed moving averages and other technical indicators, the daily buy/sell signal for CARL stock is Strong Buy.

How Many Times Has Carlsmed Stock Split?

Carlsmed has split 0 times. (See the CARL stock split history page for full effective split date and price information.)

How Many Employees Does Carlsmed Have?

Carlsmed has 127 employees, based on their latest Companies House report.

What is the current trading status of Carlsmed (NASDAQ: CARL)?

As of 28/08/2026, Carlsmed (CARL) is trading at a share price of 16.88 USD, with a previous close of 16.75 USD. The stock has fluctuated within a day range of 16.52 USD to 17.00 USD, while its 52-week range spans from 8.50 USD to 17.23 USD.

What Is Carlsmed (CARL) Price Target According to Analysts?

The average 12-month price target for Carlsmed is 19.20 USD, with a high estimate of 23 USD and a low estimate of 17 USD. 5 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +13.74% Upside potential.

What Is the CARL After Hours Price?

CARL's last after hours stock price is 16.65 USD, the stock has decreased by -0.23, or -1.36%.
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