Heartflow HTFL

NASDAQ HTFL
$51.02 +2.73 (+5.65%)
At close: Oct 19, 2026 · 4:00 PM EDT

Heartflow (HTFL) stock price is $51.02, up 5.65% on the day, as of Oct 19, 2026. It has a market cap of $4.40Bn, and is classified in the Diagnostic Equipment industry (Healthcare sector).

Key Stats
Market Cap4.40 Bn
P/E-43.96
P/S21.71
Div. Yield0.00
Revenue Growth (1y) (Qtr)47.57
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About

Heartflow, Inc. is a medical technology company that has pioneered the use of software and artificial intelligence to deliver a non-invasive solution for diagnosing and managing coronary artery disease. The company's core activities involve leveraging AI and computational fluid dynamics to create a personalized 3D model of a patient's heart from a single coronary computed tomography angiography scan. This platform provides actionable insights on blood flow, stenosis, plaque…

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Sectors: Healthcare Technology Sector rationale Heartflow's primary business is providing a non-invasive medical diagnostic solution for coronary artery disease, selling its FFR CT and Plaque Analysis products to healthcare providers (hospitals and imaging centers) for patient care. While the product is delivered via AI and cloud software, it is a regulated medical diagnostic test reimbursed via CPT codes, placing it firmly in Healthcare. A secondary sector of Technology is justified because the company's core value proposition and revenue model are based on a scalable AI platform and computational fluid dynamics software rather than physical medical devices. Industries: Diagnostic Equipment Diagnostic Equipment Primary Heartflow sells a diagnostic test (FFR CT Analysis and Plaque Analysis) that uses AI and 3D modeling to diagnose coronary artery disease. The company generates revenue on a pay-per-click basis when physicians review these diagnostic analyses, fitting the model of selling a diagnostic test rather than performing the scan itself. Healthcare IT Healthcare IT Secondary The company operates a scalable cloud-based platform that integrates into physician workflows and utilizes a proprietary database of 110 million annotated CCTA images. This technology platform is purpose-built for cardiovascular clinical workflows and medical data standards. Classified using BQ-MICS CIK: 0001464521

Geographical Breakdown of Revenue (2025)

History
Peer percentiles

How Heartflow ranks

Ranked against the 248 companies in Medical Devices and Diagnostics58 metrics · as of Oct 16, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −43.9xMedian 28.9x 61st
  • P/FCF —Median 26.0x No data —
  • P/Operating cash flow —Median 20.1x No data —
  • P/S 21.8xMedian 3.07x 11th
  • P/B 15.8xMedian 2.40x 6th
  • P/Tangible book 15.8xMedian 3.05x 8th
  • EV/EBITDA —Median 18.0x No data —
  • EV/EBITNegative EBIT −64.6xMedian 27.8x 57th
  • EV/Revenue 20.5xMedian 3.25x 9th
  • EV/FCF —Median 26.6x No data —
  • EV/Operating cash flow —Median 21.9x No data —
  • PEG (3Y EPS CAGR) —Median 0.86 No data —
Peer group

Peer Comparison

Companies in the Diagnostic Equipment
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 TMO Thermo Fisher Scientific Inc. 251.93 Bn36.165.4442.55 Bn
2 ABT Abbott Laboratories 181.29 Bn33.423.8932.61 Bn
3 DHR Danaher Corp /De/ 158.18 Bn39.506.3026.56 Bn
4 ISRG Intuitive Surgical Inc 153.47 Bn48.8913.91-
5 MDT Medtronic plc 118.97 Bn22.743.1728.15 Bn
6 SYK Stryker Corp 114.72 Bn30.774.4414.94 Bn
7 BSX Boston Scientific Corp 66.18 Bn18.013.1512.62 Bn
8 HTFL Heartflow, Inc. 4.40 Bn-43.9621.71-