HEARTFLOW INC (HTFL)
Health Care · medical diagnostics / software · NASDAQ
HeartFlow develops non-invasive, AI-powered diagnostic software that helps physicians evaluate coronary artery disease using patient-specific 3D heart models.
What HEARTFLOW INC does
HeartFlow provides non-invasive, AI-driven diagnostic software for the evaluation of coronary artery disease (CAD). Its primary platform uses data from coronary CT angiography to create personalized 3D models of a patient's coronary arteries, allowing physicians to evaluate the functional impact of suspected blockages. The company is currently focused on the commercialization of its HeartFlow FFR CT Analysis and HeartFlow Plaque Analysis products.
Themes: AI diagnostics, cardiovascular health, medical imaging software, coronary artery disease (CAD) management
Fundamentals
- Price$47.63 as of 2026-10-08 close
- Market cap$4.1B as of 2026-07-31 (share count; price 2026-10-08)
- 1-year return+33.2% 2025-10-08 close $35.76 → 2026-10-08 close $47.63
- P/En/a negative earnings
- Net margin-66.3% FY2025, SEC XBRL
- Gross margin+76.8% FY2025, SEC XBRL
- ROE-38.8% FY2025, SEC XBRL
- Debt / equity0.00 as of 2026-09-03
- Revenue growth (YoY)+41.3% as of 2026-09-03
- Revenue CAGR (3y)+42.1% SEC XBRL
- Beta1.81 as of 2026-09-03
- Last reported earnings2026-08-13 SEC EDGAR Form 8-K (Item 2.02)
How HTFL compares in its sector
- net profit marginmiddle range 430 covered Health Care peers, as of 2026-09-03
- operating marginmiddle range 417 covered Health Care peers, as of 2026-09-03
- gross margintop 25% 189 covered Health Care peers, as of 2026-09-03
- return on equitymiddle range 510 covered Health Care peers, as of 2026-09-03
- 3-year revenue CAGRtop 25% 402 covered Health Care peers
- free cash flow (absolute dollars, latest fiscal year)middle range 494 covered Health Care peers, as of FY2025
Position among covered Health Care companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
HTFL is not currently in any published Top 10 list. Its scores are below.
Top 10 score
Not scored for the top 10 list: it is in the most expensive tenth of the field on valuation, so it is ranked as a growth story rather than on fundamentals.
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
How HEARTFLOW INC looks technically
HEARTFLOW INC (HTFL) is trading 48.0% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 38 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 4 trading days ago. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 48.0% above its 200-day average, the long-term trend line — a longer-term uptrend | +48.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $44.07 | $44.07 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $32.18 | $32.18 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes below 46.78. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible upward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 38 trading days ago — a "golden cross", a bullish long-term signal | 38 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with buyers in control | 26.6 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30) | 48.6 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($46.58 to $54.32) — its "stochastic" reading is 14 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 13.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 24 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $54.32 | $54.32 |
|---|---|---|
| From the 52-week high | it is 12.3% below its 52-week high (its highest price of the past year) | -12.3% |
| Above the 52-week low | it is 136.6% above its 52-week low (its lowest price of the past year) | +136.6% |
| Below the 52-week high | it is 12.3% below its highest point of the past year | 12.3% |
| Since a 20-day breakout | it made a new 20-day high about 4 trading days ago | 4 sessions |
| Since a 55-day breakout | it made a new 55-day high about 4 trading days ago | 4 sessions |
| All-time high | its highest closing price on record is $54.32 (set on 2026-10-06) | $54.32 |
| Given back of the 52-week move | over the past year its closes ranged ($20.49 to $52.21), and it has given back only a small part of its rise from last year’s low — 14% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $31.59 to $32.61. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 14.4% |
| From the all-time high | it is 12.3% below its all-time high | -12.3% |
| Nearest price level | it is trading 1.4% above a support level at $46.95 — a price it turned at twice since 2026-08-31, most recently on 2026-09-23. Since 2025-08-08 it has 9 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -1.4% |
| All-time low | its lowest closing price on record is $20.13 (set on 2026-02-13) | $20.13 |
| Above the all-time low | it is 136.6% above its all-time low | +136.6% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 1% of the past ~6 months), which often precedes a bigger move | 0th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.67 between its high and its low — about 5.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.67 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $47.30 and $51.67 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $47.30 – $49.49 – $51.67 |
| Typical daily range (% of price) | its price moves about 5.6% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.6% |
| Stretch from the 200-day average | it is trading 5.8 daily ranges above its 200-day average price (48.0% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 5.8 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.01× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 7 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 7 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 1.7% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.7% |
|---|---|---|
| Open gap | it gapped 26.0% above the previous close 38 sessions ago and has not traded back through the level it left behind at 31.01 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +26.0% |
| Gap filled | a 3.4% gap up opened on 2026-10-06 has been "filled" 2 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 2 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 3 sessions in a row, a -8.77% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 3 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 1.3 percentage points (the stock lost 0.3% while the market gained 1.0%) | -1.3% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 78.3 percentage points (the stock gained 82.1% while the market gained 3.8%) | +78.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 66.0 percentage points (the stock gained 83.5% while the market gained 17.5%) | +66.0% |
| vs market, 12 months | over the past 12 months this stock beat the market by 18.2 percentage points (the stock gained 33.2% while the market gained 15.0%) | +18.2% |
Signal agreement
2
| Bullish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, a strong uptrend, with buyers in control, outperforming the market over 6 months, near the bottom of its 14-day range (oversold), trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 10% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 11.8% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +10.4% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 39% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $34.22 — a volume-weighted average of daily closes over 183 sessions, not a true tick-by-tick VWAP. | +39.2% |
|---|---|---|
| Vs the average paid since it last reported | the price is sitting right on the average price paid since it last reported on 2026-08-13 (its 10-Q), so the typical buyer over that stretch is roughly break-even. That average is $47.49 — a volume-weighted average of daily closes over 40 sessions, not a true tick-by-tick VWAP. | +0.3% |
Price levels it has turned at before
HTFL last closed at $47.63 on 2026-10-08. Since 2025-08-08 it has turned at 9 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $46.95 | Support | 1.4% below the last close | turned there twice · 2026-08-31 to 2026-09-23 |
| $51.73 | Resistance | 8.6% above the last close | turned there three times · 2026-08-25 to 2026-09-18 |
| $36.40 | Support | 23.6% below the last close | turned there three times · 2025-08-27 to 2026-06-26 |
| $33.23 | Support | 30.2% below the last close | turned there twice · 2025-11-28 to 2026-04-22 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes below $46.78.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $53.59 and $57.80 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close below $46.78.
This reading has stood for 7 trading days, since 2026-09-30.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · in a Bollinger Band volatility squeeze · in a strong, established uptrend (ADX) · beating the market · At the bottom of its 14-day range (stochastic below 20) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · breakout · bollinger bands
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.60 mean, 1=Strong Buy…5=Strong Sell) — 9 analysts
- Mean price target$46.00 range $39.00 – $56.00; median $45.00
Analyst estimates, as of 2026-10-09. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for HTFL
- Consensus EPS estimate-$0.1033 next reporting period, as of 2026-10-09
- Estimate change, 30 days+$0.00131 from -$0.1046, on 2026-09-04, 35-day window
- Readings revised upward29% of 7 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Highly dependent on the commercial success of a very limited product portfolio (FFR CT and Plaque Analysis).","Significant, recurring net losses with no guarantee of achieving or sustaining future profitability.","Dependency on third-party payors, including government programs, for coverage and adequate reimbursement levels."]
What changed in the latest 10-Q
AI-assisted comparison of HTFL's 10-Q filed 2026-05-14 against the prior one filed 2025-11-12.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing references Annual Report on Form 10-K filed March 18, 2026, whereas older filing references registration statement on Form S-1 effective August 7, 2025
- Newer filing states Heartflow Platform used to assess CAD in more than 650,000 patients as of March 31, 2026, including 219,000 in 2025 alone
- Newer filing identifies four software products developed (Heartflow RoadMap Analysis, Heartflow FFR CT Analysis, Heartflow Plaque Analysis, and Heartflow PCI Navigator)
- Newer filing states Heartflow PCI Navigator was recently launched in April 2026
- Newer filing anticipates launching Plaque Tracker as fifth product in 2027
- Newer filing lists Saudi Arabia, United Arab Emirates, and Bahrain as markets with medical device licensing or approvals
- Newer filing states Heartflow FFR CT Analysis represents 98% of total cumulative revenue as of March 31, 2026
- Newer filing indicates Heartflow Plaque Analysis is currently covered by five of seven MACs with remaining MACs providing coverage on case-by-case basis
- Newer filing reports Q1 2026 revenue of $52.6 million (three months ended March 31, 2026 vs 2025)
- Newer filing states cash position of $254.9 million as of March 31, 2026
- Removed:
- Older filing stated three software products developed with fourth product expected to launch in 2026
- Older filing referenced Heartflow PCI Planner expected to launch in 2026
- Older filing listed regulatory approval in Australia and Canada in existing commercial presence section
- Older filing stated total revenue represented 98% for Heartflow FFR CT Analysis as of September 30, 2025
- Older filing indicated Heartflow Plaque Analysis covered by certain government and third-party payors
- Older filing reported Q3 2025 revenue of $46.3 million and nine-month revenue of $126.9 million
- Older filing stated cash and cash equivalents of $291.2 million as of September 30, 2025
- Older filing detailed January and March 2025 issuance of $98.3 million in 2025 Convertible Notes
- Reworded:
- Removed 'pioneered the use of' from opening description, replaced with 'provide'
- Changed product name from 'Heartflow PCI Planner' to 'Heartflow PCI Navigator'
- Changed product launch status from 'expect to launch in 2026' to 'recently launched in April 2026'
- Added language that Heartflow PCI Navigator is provided 'to accounts as an integrated feature' with similar phrasing to other products
- Expanded regulatory approval listing to include Saudi Arabia, United Arab Emirates, and Bahrain in newer filing
- Changed 'certain government and third-party payors' to more specific 'five of the seven MACs with the remaining MACs providing coverage on a case-by-case basis and by a majority of commercial payors'
- Notes:
- The newer filing text appears truncated at the end ('The cash proceeds fro'), limiting ability to assess complete changes in IPO-related disclosures
- Comparison period differs between filings (Q1 2026 vs Q3 2025 for the newest quarterly data), making some metric comparisons reflect different time periods
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 17 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-040 buys · 8 sells ($6M) — 3 selling insiders
- Last 90 days · read to 2026-10-040 buys · 17 sells ($12M) — 3 selling insiders
- Last 180 days · read to 2026-10-040 buys · 26 sells ($75M) — 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-18. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about HTFL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding HTFL as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 13,559,452
- Reported value $398,096,490
reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about HTFL's institutional holders → See what each manager we track holds →
Short interest (FINRA)
HTFL had 5,627,391 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
HTFL had 6.47% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.07 days to cover at the same settlement.
- Reported short interest (shares) 5,627,391
- Short interest (% of shares outstanding) 6.47%
- Prior settlement (shares) 6,068,706
- Reported change -7.27%
- Days to cover (reported) 3.07
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
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Frequently asked questions
What does HEARTFLOW INC (HTFL) do?
HeartFlow provides non-invasive, AI-driven diagnostic software for the evaluation of coronary artery disease (CAD). Its primary platform uses data from coronary CT angiography to create personalized 3D models of a patient's coronary arteries, allowing physicians to evaluate the functional impact of suspected blockages. The company is currently focused on the commercialization of its HeartFlow FFR CT Analysis and HeartFlow Plaque Analysis products.
What sector is HEARTFLOW INC (HTFL) in?
HEARTFLOW INC (HTFL) is classified in the Health Care sector. Its industry is medical diagnostics / software. It trades on NASDAQ.
Is HEARTFLOW INC (HTFL) overbought or oversold right now?
HEARTFLOW INC (HTFL) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 49, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on HTFL come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.