The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 13.6% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading neutral. Over the past year the shares are down 52%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (3 analysts) rates it strong buy, with a mean price target of $4.
HeartBeam, Inc.
BEAT · Nasdaq · USD · Market cap $24M · 16 employees
HeartBeam, Inc.
PASS · Titan Ethical · score 96.9At the last full screen
2026-09-07
Screened 2026-09-07 · the tape above runs as of 21:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
This name holds its markdown label.
HeartBeam, Inc. holds its Markdown at $0.43. Consolidating, no directional conviction, held for 19 days.
| Phase | Markdown · caution |
| Quantitative state | Consolidating, no directional conviction, held for 19 days |
| Price at the screen | $0.43 |
| Valuation | N/A trailing · -0.81 forward price to earnings |
| Values screen | PASS · score 96.9 |
| Beta | -0.80 |
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 0.00% | Below 33% | Interest-bearing debt is just 0.0% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 8.31% | Below 33% | Cash held in interest-bearing accounts and securities is 8.3% of assets, under the one-third limit. | Pass |
| Receivables | 0.00% | Below 49% | Money owed to the company is 0.0% of assets, under the 49% limit. | Pass |
| Revenue purity | 0.00% | Below 5% | Only 0.0% of revenue comes from non-compliant sources, under the 5% line. | Pass |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
What the Numbers Say It Is WorthThe Fair Value Range
Our framework reads FAIR VALUE
The Street's RangeThird-party analyst targets: 3 covering, consensus Strong Buy. The average target sits +486% from the screen price.
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-07 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words| Forward P/E | -0.8x |
| EPS, trailing | -0.51 |
| EPS, forward | -0.53 |
| Profit margin | 0.0%currently unprofitable |
| Return on equity | -328.4%not currently earning a positive return on equity |
| FCF yield | -27.29% |
| Current ratio | 3.66comfortably covers its short-term bills |
| Beta | -0.80barely tracks the market's swings |
| Short interest, float | 0.05% |
| 52-week range | 0.40 - 4.00 |
| Market cap | $24M |
| Employees | 16 |
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradeBEAT trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 33.4% since our last review. Ethical screening: PASS with near-perfect ethical score. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading neutral. Over the past year the shares are down 52%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (3 analysts) rates it strong buy, with a mean price target of $4.
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with near-perfect ethical score (97). The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading neutral. Over the past year the shares are down 52%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (3 analysts) rates it strong buy, with a mean price target of $4.
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with near-perfect ethical score (97). The risk-adjusted return profile shows modest positive risk-adjusted returns.
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with near-perfect ethical score (97). The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
Screened names in the same industry · explore each on its own page.
| Date | Insider | Title | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-16 | FERRARI RICHARD M | Director | 62,500 | $50,000 | |
| 2026-04-16 | FERRARI RICHARD M | Director | 57,500 | $46,000 | |
| 2026-04-16 | ELFRINK WILLHEM P. | Director | 187,500 | $150,000 | |
| 2026-04-16 | VAJDIC BRANISLAV | Director | 31,250 | $25,000 | |
| 2026-04-16 | ORTIGAS-WEDEKIND MARGARITA | Director | 25,000 | $20,000 | |
| 2026-04-16 | STROME MARK E. | Director | 750,000 | $600,000 | |
| 2026-04-16 | ENO ROBERT PAUL | President | 12,500 | $10,000 | |
| 2026-04-16 | JAFF MICHAEL R. | Director | 31,250 | $25,000 | |
| 2026-04-16 | CRUICKSHANK TIMOTHY | Chief Financial Officer | 31,250 | $25,000 | |
| 2026-02-09 | FERRARI RICHARD M | Director | 50,000 | · |
Public filings, recorded as found. The full tape lives at Insider Intelligence.
| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $0.89 | -12.6% | · | $874 | -12.6% |
| 2 months | $1.15 | -32.6% | · | $674 | -32.6% |
| 3 months | $1.47 | -47.2% | · | $528 | -47.2% |
| 6 months | $2.12 | -63.4% | · | $366 | -63.4% |
| 1 year | $1.60 | -51.5% | · | $485 | -51.5% |
| 2 years | $2.38 | -67.4% | · | $326 | -67.4% |
| 3 years | $2.63 | -70.5% | · | $295 | -70.5% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever BEAT does next, these words stay.
Thirteen thousand names carry this page. One desk keeps them honest.
Membership opens the full screen archive, the composites built from it, and the daily coverage that prices what the screen approves.
Join the deskScreening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.