HeartCore Enterprises, Inc. (HTCR) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: 16.13%
• Average Volume (3M): 449.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: 72.95%
• EPS Growth: 99.11%
• Country: US
• Employees: 91
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.05
• Shares Outstanding: 23,310,770
• 10 Day Avg. Volume: 529,066
• 30 Day Avg. Volume: 449,340
• PEG Ratio: 0.39
• Price to Book (P/B): 8.19
• Price to Sales (P/S): 1.25
• P/FCF Ratio: -7.97
• Enterprise Value/Market Cap: 10.00T>
• Enterprise Value/Revenue: 0.42
• Enterprise Value/Gross Profit: 0.67
• Enterprise Value/Ebitda: -4.14
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: $1.00 ▲(42.86% Upside)

HeartCore Enterprises, Inc. faces significant financial challenges, with high leverage and negative profitability metrics being the most impactful factors. Technical analysis shows mixed signals, with some short-term volatility. The negative P/E ratio is concerning, but the dividend yield offers a slight positive aspect. Overall, the stock's financial instability and operational inefficiencies weigh heavily on its score.

HeartCore Enterprises, Inc. Business Overview & Revenue Model

Company Description

HeartCore Enterprises, Inc. (HTCR) is a diversified company focused on health and wellness solutions, technology integration, and consumer products. Operating primarily within the health tech and personal care sectors, HTCR develops innovative products designed to enhance physical and mental well-being. The company’s core offerings include wearable health monitoring devices, mobile applications for health management, and a range of organic personal care products aimed at promoting a healthier lifestyle.

How the Company Makes Money

HeartCore Enterprises, Inc. generates revenue through multiple key streams. Primarily, the company earns income from the sale of its health monitoring devices and related accessories, which are marketed directly to consumers via its e-commerce platform and through retail partnerships. Additionally, HTCR offers subscription-based services for its mobile applications, providing users with premium features and personalized health insights. The company also benefits from collaborations with health-focused organizations and research institutions, which contribute to product development and innovation, enhancing its market reach and brand credibility. Advertising and affiliate marketing on its digital platforms further augment its revenue, creating a multifaceted approach to generating income.

HeartCore Enterprises, Inc. Financial Statement Overview

Summary

HeartCore Enterprises, Inc. faces several financial challenges. Revenue growth is a positive sign, but profitability and cash flow metrics indicate operational inefficiencies and financial instability. High leverage and negative returns on equity compound these issues, suggesting a need for strategic adjustments to improve financial health and sustainability.

Income Statement

HeartCore Enterprises, Inc. shows a mixed performance in its income statement. The company has experienced revenue growth, with a TTM growth rate of 2.34%, indicating a positive trend. However, profitability metrics are concerning, with negative net profit margins and EBIT margins over the TTM period, suggesting challenges in cost management and operational efficiency. The gross profit margin remains relatively stable, indicating some ability to maintain product pricing and cost of goods sold.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 2.07 in the TTM, indicating significant leverage and potential financial risk. The return on equity is negative, reflecting ongoing losses and a need for improved profitability. The equity ratio is not explicitly calculated but appears low, suggesting limited equity buffer against liabilities.

Cash Flow

Cash flow analysis highlights significant challenges, with negative operating and free cash flows in the TTM. The free cash flow to net income ratio is positive, indicating some alignment between cash flow and accounting profits, but the negative growth in free cash flow suggests operational difficulties. The operating cash flow to net income ratio is negative, further emphasizing cash generation issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	29.63M	30.41M	21.85M	8.82M	10.82M	9.03M
Gross Profit	18.31M	17.83M	8.07M	3.35M	5.19M	4.02M
EBITDA	-2.98M	-4.46M	-4.16M	-6.55M	170.40K	399.69K
Net Income	-184.01K	-1.48M	-4.19M	-6.68M	-327.04K	150.96K
Balance Sheet
Total Assets	13.53M	13.97M	19.62M	12.14M	9.12M	10.36M
Cash, Cash Equivalents and Short-Term Investments	4.84M	6.62M	1.95M	7.18M	3.14M	3.06M
Total Debt	3.61M	3.78M	4.89M	4.87M	6.56M	8.49M
Total Liabilities	9.97M	10.50M	11.96M	7.33M	9.68M	11.42M
Stockholders Equity	4.84M	4.65M	5.17M	4.81M	-558.95K	-1.41M
Cash Flow
Free Cash Flow	-5.96M	-4.78M	-4.86M	-4.87M	730.15K	718.58K
Operating Cash Flow	-5.99M	-4.77M	-4.33M	-4.81M	766.30K	745.75K
Investing Cash Flow	2.17M	6.35M	-1.78M	-12.20K	-179.03K	-401.15K
Financing Cash Flow	2.33M	-318.65K	136.19K	8.92M	-257.35K	2.06M

HeartCore Enterprises, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.70
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HTCR, the sentiment is Neutral. The current price of 0.7 is above the 20-day moving average (MA) of 0.68, below the 50-day MA of 0.73, and above the 200-day MA of 0.68, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.92 is Neutral, neither overbought nor oversold. The STOCH value of 10.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HTCR.

HeartCore Enterprises, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
HTCR	47 Neutral	―	-64.38	-5.71%	16.13%	72.95%	99.11%
MRIN	45 Neutral	―	―	―	―	-9.89%	47.46%
TONX	41 Neutral	$193.16M	―	-51.38%	―	4095.10%	93.91%
TGL	41 Neutral	$11.06M	-0.04	-331.02%	―	-89.44%	96.58%
VS	39 Underperform	$8.23M	―	-15.68%	―	1873.85%	91.70%

HeartCore Enterprises, Inc. Corporate Events

HeartCore Enterprises Sells Subsidiary to Volaris Group

On October 31, 2025, HeartCore Enterprises, Inc. announced the sale of its subsidiary, HeartCore Japan, to Volaris Group for approximately ¥1.8 billion yen, equivalent to about USD $12 million. This strategic divestiture allows HeartCore to focus on its Go IPO consulting business, as the company adapts to the evolving competitive landscape influenced by generative AI. The sale is part of HeartCore’s broader strategy to exit its software business activities and concentrate on its highly profitable financial consulting services. The company also plans to distribute a portion of the sale proceeds to shareholders and is exploring options to divest its interest in Sigmaways, Inc. HeartCore anticipates that these moves will enable it to drive sustainable, long-term value for its shareholders.

The most recent analyst rating on (HTCR) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on HeartCore Enterprises, Inc. stock, see the HTCR Stock Forecast page.

HeartCore Enterprises Announces Stockholder Distribution Update

On October 29, 2025, HeartCore Enterprises, Inc. clarified that a previously announced one-time payment to stockholders of $0.13 per share, initially described as a dividend, will be classified as a distribution for U.S. federal tax purposes. The record date for this distribution is November 10, 2025, and the payment date is expected to be November 17, 2025. This distribution represents approximately 16.8% of the company’s stock price as of October 27, 2025, potentially impacting stockholder returns and market perception.

The most recent analyst rating on (HTCR) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on HeartCore Enterprises, Inc. stock, see the HTCR Stock Forecast page.

HeartCore Declares Significant One-Time Dividend

On October 19, 2025, HeartCore Enterprises, Inc. declared a one-time dividend of $0.13 per share on its common stock, representing approximately 17.8% of the company’s stock price as of October 17, 2025. The dividend, deemed in the best interest of the company and its stockholders, will be payable on November 17, 2025, to stockholders of record as of November 10, 2025. This move reflects HeartCore’s strong financial profile and may lead to future quarterly dividends, subject to board approval.

The most recent analyst rating on (HTCR) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on HeartCore Enterprises, Inc. stock, see the HTCR Stock Forecast page.

HeartCore Enterprises Holds Virtual Annual Meeting

On September 26, 2025, HeartCore Enterprises, Inc. conducted its virtual annual meeting of stockholders, where five directors were elected to the board for a one-year term. Additionally, the stockholders ratified the appointment of MaloneBailey, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (HTCR) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on HeartCore Enterprises, Inc. stock, see the HTCR Stock Forecast page.

HeartCore Regains Nasdaq Compliance, Boosting Market Confidence

On August 19, 2025, HeartCore Enterprises, Inc. received confirmation from the Nasdaq Stock Market that it regained compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market. This announcement follows a previous notification of noncompliance received on May 24, 2025, which had no immediate effect on the company’s stock listing. The resolution of this compliance issue strengthens HeartCore’s position in the market and reassures stakeholders of its financial stability.

The most recent analyst rating on (HTCR) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on HeartCore Enterprises, Inc. stock, see the HTCR Stock Forecast page.

HeartCore Enterprises Facilitates rYojbaba’s Nasdaq Debut

On August 18, 2025, HeartCore Enterprises announced that its Go IPO client, rYojbaba Co., Ltd., began trading on the Nasdaq Capital Market under the symbol ‘RYOJ’. HeartCore was compensated with $500,000 in initial fees and warrants for 3% of rYojbaba’s stock, valued at approximately $1.35 million. This milestone signifies a significant achievement for rYojbaba and reflects positively on HeartCore’s role in facilitating IPOs, particularly in the micro- and small-cap sectors. HeartCore’s CEO highlighted the company’s ongoing efforts to expand its client base in Japan and the Asia-Pacific region, with expectations of further listings in the near future, contributing to revenue growth.

HeartCore Enterprises Announces Board and Officer Resignations

On August 8, 2025, HeartCore Enterprises, Inc. announced the resignation of Heather Neville from its Board of Directors, effective September 1, 2025, and Prakash Sadasivam from his roles as Chief Strategy Officer and Board member, effective August 31, 2025. Both resignations were not due to any disagreements with the company’s operations, policies, or practices.