JPMorgan raised the firm’s price target on NeuroPace (NPCE) to $16 from $14 and keeps an Overweight rating on the shares. The company reported good Q1 results ahead of the Street, with gross margin and revenue topping estimates and operating expense coming in lower, the analyst tells investors in a research note. This was another strong quarter for NeuroPace, with healthy contribution from Project Care, record new prescribers, and sustained utilization across Level 4 centers, the firm added.
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Read More on NPCE:
- NeuroPace reports Q1 EPS (21c), consensus (24c)
- NeuroPace sees FY25 revenue $93M-$97M, consensus $93.68M
- NPCE Upcoming Earnings Report: What to Expect?
- NeuroPace’s Strong Market Position and Growth Potential Justify Buy Rating Amid Tariff Stability
- NeuroPace Expects Minimal Impact from Trade Tariffs
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