HeartCore Enterprises, Inc. (HTCR)
NASDAQ:HTCR
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HeartCore Enterprises, Inc.
(NASDAQ:HTCR)
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Rating:43Neutral
Price Target:
$0.28
▼(-9.35% Downside)
Action:ReiteratedDate:01/21/26
The score is primarily held back by deteriorating financial performance (steep revenue decline, worsening margins and losses, and negative operating/free cash flow). Technical indicators reinforce the weakness with a clear downtrend and negative momentum. Valuation is hard to assess due to losses (negative P/E) despite a very high dividend yield, while the subsidiary sale is a modest positive offset but not enough to overcome the fundamental and technical pressures.
Positive Factors
Lower Leverage
Material reduction in leverage meaningfully improves financial flexibility and reduces interest cost sensitivity. Over 2–6 months this gives management room to fund restructuring, cover shortfalls, or pursue targeted investments without relying on high-cost debt or immediate asset sales.
Negative Factors
Steep Revenue Decline
A roughly 50% TTM revenue decline erodes scale economies and brand momentum, reducing ability to cover fixed costs and invest in product development. Persisting revenue contraction over several quarters jeopardizes long-term competitiveness and the sustainability of core offerings.
Read all positive and negative factors
Positive Factors
Negative Factors
Lower Leverage
Material reduction in leverage meaningfully improves financial flexibility and reduces interest cost sensitivity. Over 2–6 months this gives management room to fund restructuring, cover shortfalls, or pursue targeted investments without relying on high-cost debt or immediate asset sales.
Read all positive factors
HeartCore Enterprises, Inc. (HTCR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.75M
Dividend Yield41.26%
Average Volume (3M)449.34K
Price to Earnings (P/E)10.9
Beta (1Y)1.26
Revenue Growth-51.26%
EPS Growth-319.52%
CountryUS
Employees91
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)N/A
Shares Outstanding25,419,807
10 Day Avg. Volume529,066
30 Day Avg. Volume449,340
Financial Highlights & Ratios
PEG Ratio0.39
Price to Book (P/B)8.19
Price to Sales (P/S)1.25
P/FCF Ratio-7.97
Enterprise Value/Market Cap0.91
Enterprise Value/Revenue0.36
Enterprise Value/Gross Profit0.98
Enterprise Value/Ebitda-0.37
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.09
Revenue Forecast (FY)$26.60M
HeartCore Enterprises, Inc. Business Overview & Revenue Model
Company Description
HeartCore Enterprises, Inc., a software development company, provides Software as a Service solutions to enterprise customers in Japan and internationally. Its customer experience management platform includes marketing, sales, service, and content...
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 pla...
HeartCore Enterprises, Inc. Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.77M | 30.41M | 21.85M | 8.82M | 10.82M | 9.03M |
| Gross Profit | 5.36M | 17.83M | 8.07M | 3.35M | 5.19M | 4.02M |
| EBITDA | -14.35M | -4.46M | -4.16M | -6.55M | 163.53K | 399.69K |
| Net Income | -10.81M | -1.48M | -4.19M | -6.68M | -338.16K | 150.96K |
Balance Sheet | ||||||
| Total Assets | 13.34M | 13.97M | 19.62M | 12.14M | 9.12M | 10.36M |
| Cash, Cash Equivalents and Short-Term Investments | 4.35M | 6.62M | 1.95M | 7.18M | 3.14M | 3.06M |
| Total Debt | 946.72K | 3.78M | 4.89M | 4.55M | 6.19M | 8.49M |
| Total Liabilities | 9.51M | 10.50M | 11.96M | 7.33M | 9.68M | 11.42M |
| Stockholders Equity | 5.19M | 4.65M | 5.17M | 4.81M | -558.95K | -1.41M |
Cash Flow | ||||||
| Free Cash Flow | -4.26M | -4.78M | -4.86M | -4.87M | 730.15K | 718.58K |
| Operating Cash Flow | -4.07M | -4.77M | -4.33M | -4.81M | 766.30K | 745.75K |
| Investing Cash Flow | 2.11M | 6.35M | -1.78M | -12.20K | -179.03K | -401.15K |
| Financing Cash Flow | 2.80M | -318.65K | 136.19K | 8.92M | -257.35K | 2.06M |
HeartCore Enterprises, Inc. Technical Analysis
Negative
0.31
Price Trends
0.26
Negative
0.36
Negative
0.48
Negative
Market Momentum
-0.01
Negative
42.90
Neutral
38.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HTCR, the sentiment is Negative. The current price of 0.31 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.26, and below the 200-day MA of 0.48, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 42.90 is Neutral, neither overbought nor oversold. The STOCH value of 38.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HTCR.
HeartCore Enterprises, Inc. Risk Analysis
HeartCore Enterprises, Inc. disclosed 66 risk factors in its most recent earnings report. HeartCore Enterprises, Inc. reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
The value of the equity rights we receive from our GO IPO clients could be volatile, lose value, and even become worthless. Q4, 2023
2.
We provide consulting services and ultimately do not control our client's abilities to go public in the United States or secure a listing on American stock exchanges. Q4, 2023
3.
Our GO IPO business assists companies in navigating the initial public offering process in the US markets. We do not provide investment, accounting, or legal advice. If state or federal regulatory agency determined our Company provided legal or investment advice in violation of existing law, there could be a material adverse effect on our business operations and stock value. Q4, 2023
HeartCore Enterprises, Inc. Peers Comparison
UnderperformOutperform
Sector (61)
HTCR
HeartCore Enterprises, Inc.
0.23
-0.41
-64.58%
AMST
Amesite
1.85
-0.57
-23.55%
CXAI
CXApp
0.19
-0.71
-78.42%
FUSE
Fusemachines
1.18
-10.65
-90.02%
TGL
Treasure Global, Inc.
3.93
-73.07
-94.90%
WCT
Wellchange Holdings Company Limited
2.65
-6.35
-70.56%
HeartCore Enterprises, Inc. Corporate Events
Delistings and Listing ChangesStock Split
HeartCore Enterprises Granted Nasdaq Listing Extension
Neutral
Nov 10, 2025
On November 10, 2025, HeartCore Enterprises, Inc. announced it received an additional 180-day extension from the Nasdaq Listing Qualifications Department to meet the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital M...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.