Heartflow (HTFL) Stock Price

Heartflow Price

NYSE·CLOSED
50.38
+0.65 (+1.30 %)
Market closed

Over the last 2 years Heartflow grew revenue by 60.5% annually, reaching 160.86 M USD. For Heartflow, the net margin of -72.6% is up versus -153.1% a few years ago. The consensus 12-month price target for Heartflow is 45.00 USD, about 10.7% below where the stock trades today. Of 15 analysts, 13 rate the stock a buy — an overall Buy consensus. The stock trades about 146% above its 52-week low.

Heartflow stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Heartflow over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Heartflow stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Heartflow's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Heartflow Stock Price History
DateHeartflow Price
9/21/202650.38 USD
9/18/202649.73 USD
9/17/202649.57 USD
9/16/202649.27 USD
9/15/202648.45 USD
9/14/202649.54 USD
9/11/202647.89 USD
9/10/202645.49 USD
9/9/202646.67 USD
9/8/202649.32 USD
9/4/202648.91 USD
9/3/202649.71 USD
9/2/202650.00 USD
9/1/202650.43 USD
8/31/202650.39 USD
8/28/202648.08 USD
8/27/202648.96 USD
8/26/202648.94 USD
8/25/202649.89 USD
8/24/202650.52 USD
8/21/202649.75 USD
8/20/202646.80 USD
8/19/202645.86 USD
8/18/202643.50 USD
8/14/202642.08 USD
8/13/202631.01 USD
8/12/202628.79 USD
8/10/202629.84 USD
8/7/202628.82 USD
8/6/202627.19 USD
Access this data via the Eulerpool API

Heartflow Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
62.48 M USD
-75.87 M USD
-95.66 M USD
Jan 1, 2024
103.04 M USD
-73.61 M USD
-96.43 M USD
Jan 1, 2025
160.86 M USD
-64.07 M USD
-116.79 M USD
Jan 1, 2026 (e)
248.93 M USD
-14.99 M USD
-35.34 M USD
Jan 1, 2027 (e)
309.02 M USD
1.72 M USD
-21.87 M USD
Jan 1, 2028 (e)
371.22 M USD
35.26 M USD
5.92 M USD
Jan 1, 2029 (e)
443.91 M USD
59.02 M USD
30.09 M USD
Jan 1, 2030 (e)
515.88 M USD
87.09 M USD
52.23 M USD

Heartflow Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 21, 2026, 6:24 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2023202420252026e2027e2028e2029e2030e
87.00125.00176.00248.00309.00371.00443.00515.00
43.6840.8040.9124.6020.0619.4116.25
66.6775.2076.7076.7076.7076.7076.7076.70
58.0094.00135.00190.23237.02284.57339.80395.03
-75.00-73.00-64.00-14.001.0035.0059.0087.00
-86.21-58.40-36.36-5.650.329.4313.3216.89
-95.00-96.00-116.00-35.00-21.005.0030.0052.00
1.0520.83-69.83-40.00-123.81500.0073.33
5.0063.4685.2885.2885.2885.2885.2885.28
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Heartflow generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Heartflow retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Heartflow's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Heartflow has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Heartflow's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Heartflow stock margins

The Heartflow margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Heartflow. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Heartflow.
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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2023
92.91 %
-121.43 %
-153.10 %
Jan 1, 2024
91.66 %
-71.43 %
-93.58 %
Jan 1, 2025
84.05 %
-39.83 %
-72.60 %
Jan 1, 2026 (e)
84.05 %
-6.02 %
-14.20 %
Jan 1, 2027 (e)
84.05 %
0.56 %
-7.08 %
Jan 1, 2028 (e)
84.05 %
9.50 %
1.60 %

Heartflow Stock Revenue, EBIT, Earnings per Share

The Heartflow earnings per share therefore indicates how much revenue Heartflow has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2023
12.50 USD
-15.17 USD
-19.13 USD
Jan 1, 2024
1.62 USD
-1.16 USD
-1.52 USD
Jan 1, 2025
1.89 USD
-0.75 USD
-1.37 USD
Jan 1, 2026 (e)
2.92 USD
-0.18 USD
-0.41 USD
Jan 1, 2027 (e)
3.63 USD
0.02 USD
-0.26 USD
Jan 1, 2028 (e)
4.36 USD
0.41 USD
0.07 USD

Heartflow business model & stock analysis

Heartflow Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Heartflow historical P/E ratio, EBIT multiple, and P/S ratio

Heartflow annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down Heartflow's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Heartflow's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Heartflow's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Heartflow shares outstanding

The number of shares of Heartflow was 85.28 M in 2025. This indicates how many shares Heartflow is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2023
5.00 M Stocks
Jan 1, 2024
63.46 M Stocks
Jan 1, 2025
85.28 M Stocks
Jan 1, 2026 (e)
85.28 M Stocks
Jan 1, 2027 (e)
85.28 M Stocks
Jan 1, 2028 (e)
85.28 M Stocks

Current Heartflow forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
86.67 % (13)
Hold
13.33 % (2)
Sell
0.00 % (0)
12M Price Target
45.00
Last Price
50.38
Currency
USD
12M Return Potential
-10.68 %
LTM Return
60.29 %

Heartflow Analyst Rating Actions

DateFirmActionRatingReliability
8/14/2026
Wells Fargo
Wells Fargo
MaintainedOverweight58
8/14/2026
Stifel
Stifel
MaintainedBuy57
8/14/2026
Piper Sandler
Piper Sandler
MaintainedOverweight54
8/14/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight46
8/14/2026
JP Morgan
JP Morgan
MaintainedOverweight53
8/14/2026
Canaccord Genuity
Canaccord Genuity
MaintainedBuy63
5/15/2026
Wells Fargo
Wells Fargo
MaintainedOverweight58
5/15/2026
Canaccord Genuity
Canaccord Genuity
MaintainedBuy63
3/19/2026
Wells Fargo
Wells Fargo
MaintainedOverweight58
3/19/2026
JP Morgan
JP Morgan
MaintainedOverweight53

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Heartflow Earnings Calls

Heartflow Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
11/11/2026-0.10USD-65.26 MUSD-2026 Q3
8/13/2026-0.13USD-0.07USD56.64 MUSD-2026 Q2
5/14/2026-0.19USD-0.16USD49.71 MUSD-2026 Q1
3/18/2026-0.19USD-0.12USD46.58 MUSD-2025 Q4
11/12/2025-0.20USD-0.27USD46.30 MUSD-2025 Q3
7/17/2025-0.21USD-0.46USD43.20 MUSD-2025 Q2

Heartflow shareholder structure

% Name
14.07032%
WELLINGTON MANAGEMENT GROUP LLP
WELLINGTON MANAGEMENT GROUP LLP
12.26886%
BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC
BAIN CAPITAL LIFE SCIENCES INVESTORS, LLC
6.33842%
FMR LLC
FMR LLC
4.49452%
BAMCO INC /NY/
BAMCO INC /NY/
2.56103%
JANUS HENDERSON GROUP PLC
JANUS HENDERSON GROUP PLC
2.40246%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
...

Heartflow Beneficial Ownership Filings (SEC 13D/G)

Free Float
76.9%
Float Shares
66.29 M
Shares Outstanding
86.24 M
StakeHolderFiling
14.00%
Wellington Management Group LLP
Wellington Management Group LLP
SEC ↗
12.18%
BCLS Fund III Investments, LP
BCLS Fund III Investments, LP
SEC ↗
5.70%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
5.70%
FMR LLC
FMR LLC
SEC ↗
2.40%
HealthCor Partners Management LP
HealthCor Partners Management LP
SEC ↗
0.70%
Hayfin Management Holdings Limited
Hayfin Management Holdings Limited
SEC ↗

Heartflow Executives and Management Board

12 members · avg. age 62 · 8 % women

JF

Mr. John Farquhar (53)

President, Chief Executive Officer, Director · since 2021

2.28 M USD

Management

VV

Mr. Vikram Verghese (41)

Chief Financial Officer

1.70 M USD
CR

Dr. Campbell Rogers (64)

Chief Medical Officer

1.07 M USD

Board of Directors

CT

Dr. Charles Taylor (61)

Director

611,082.00 USD
WW

Mr. William Weldon (76)

Independent Chairman of the Board

65,000.00 USD
TB

Mr. Timothy Barabe (72)

Independent Director

40,000.00 USD
JC

Ms. Julie Cullivan (59)

Independent Director

40,000.00 USD
WR

Dr. Wayne Riley (66)

Independent Director

40,000.00 USD
LS

Mr. Lonnie Smith (80)

Independent Director

40,000.00 USD

Frequently asked questions about Heartflow

Analysts currently set an average price target of 42.83 USD for the Heartflow stock (median: 45.00 USD), implying -13.9 % versus the latest price. The consensus is based on 15 analyst ratings.

15 analysts currently rate the Heartflow stock: 13 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Heartflow to generate revenue of 248.93 M USD and earnings per share of -0.41 USD.

Converted at the current exchange rate, the Heartflow share trades at 43.90 EUR (50.38 USD).

No history available for Heartflow.

The expected revenue of Heartflow is 248.93 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Heartflow is -35.34 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Heartflow is currently -121.59. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Heartflow stock.

The price-to-sales ratio (P/S) of Heartflow is currently 17.26. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Heartflow stock.

The Eulerpool Quality Score for Heartflow is 2/10.

The ISIN of Heartflow is US42238D1072. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Heartflow is HTFL. The ticker symbol is used to trade Heartflow shares on the stock exchange.

Heartflow paid dividends every year for the past 0 years.

Heartflow is assigned to the 'Health' sector.

The dividends of Heartflow are distributed in USD.

Fair ValuePRO
45.25 USD
Over-/UndervaluationPRO
Fairly valued
Sector
Industry
Health Care Technology
Number of shares
Employees
Revenue per Employee
190,819.70 USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Currency
USD
Initial public offering
Aug 8, 2025
ISIN
US42238D1072
Cusip
42238D107
Market capitalization
4.24 B USDMid Cap
52-Week Range
20.4950.52USD
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
P/E ratio
P/Ee 2026
-120.02
P/Ee 2027
-193.89
P/Ee 2028
714.89
P/Ee 2029
140.75
P/Ee 2030
81.08
P/Se
17.04
EV/EBIT
P/B Ratio
14.09
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-38.10 %
Gross Margin
84.05 %
EBIT Margin
-39.83 %
Net Margin
-72.60 %
EPS (Earnings Per Share)
-1.37 USD
Net Debt / EBIT
0.61
Debt/Equity
0.02
Last updated Sep 21, 2026, 6:24 PM

Heartflow Peer Group

All fundamentals and in-depth analysis of Heartflow

Our stock analysis for Heartflow stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Heartflow. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.