Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from QT Imaging Holdings ( (QTIH) ) is now available.
On August 21, 2025, QT Imaging Holdings entered into an exclusive distribution agreement with Gulf Medical Co. to market, advertise, and sell its QT Breast Acoustic CT Scanners and QTI Cloud Platform SaaS subscriptions in Saudi Arabia. This agreement, which runs until August 21, 2028, includes a minimum order of five scanners per quarter starting in the first quarter of 2026, with an expected total revenue of over $33 million. The partnership aims to address the high prevalence of breast cancer among Saudi Arabian women, particularly those with BRCA mutations, by providing non-invasive imaging technology that offers 3D breast anatomy images without harmful radiation. QT Imaging’s CEO expressed confidence in Gulf Medical’s ability to successfully market the technology due to their understanding of regional market dynamics.
The most recent analyst rating on (QTIH) stock is a Buy with a $3.40 price target. To see the full list of analyst forecasts on QT Imaging Holdings stock, see the QTIH Stock Forecast page.
Spark’s Take on QTIH Stock
According to Spark, TipRanks’ AI Analyst, QTIH is a Underperform.
QT Imaging Holdings presents significant financial challenges, with negative profit margins and high leverage being the most critical factors. The bearish technical indicators and concerning valuation metrics further weigh on the stock’s outlook. However, the recent corporate event showcasing innovative technology offers some potential upside, although overall risks remain high.
To see Spark’s full report on QTIH stock, click here.
More about QT Imaging Holdings
QT Imaging Holdings, Inc. is a public medical device company engaged in the research, development, and commercialization of innovative body imaging systems using low frequency sound waves. The company aims to improve global health outcomes by providing safe, affordable, and accessible medical imaging solutions centered on the patient’s experience.
Average Trading Volume: 66,352
Technical Sentiment Signal: Hold
Current Market Cap: $61.22M
For detailed information about QTIH stock, go to TipRanks’ Stock Analysis page.