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Strata Critical Medical (SRTA)
NASDAQ:SRTA
US Market
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Strata Critical Medical (SRTA) AI Stock Analysis

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SRTA

Strata Critical Medical

(NASDAQ:SRTA)

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Neutral 50 (OpenAI - 4o)
Rating:50Neutral
Price Target:
$4.00
▼(-9.91% Downside)
Strata Critical Medical's overall stock score is primarily influenced by its challenging financial performance and bearish technical indicators. Despite positive earnings call guidance and strategic improvements, the negative cash flow and valuation concerns weigh heavily on the score.
Positive Factors
Revenue Growth
The significant revenue growth indicates strong market demand and effective business strategies, enhancing long-term financial stability.
Strategic Transactions
These strategic moves streamline operations and focus resources on core competencies, potentially boosting profitability and market position.
Positive Free Cash Flow
Consistent free cash flow generation enhances financial flexibility, enabling investment in growth opportunities and debt reduction.
Negative Factors
Declining Revenue
Persistent revenue decline suggests challenges in maintaining sales momentum, which could impact long-term growth and market share.
Negative Cash Flow
Negative cash flow indicates potential liquidity issues, limiting the company's ability to invest in growth and manage debt effectively.
Legal Challenges
Ongoing legal issues could result in financial liabilities and distract management, potentially affecting operational focus and profitability.

Strata Critical Medical (SRTA) vs. SPDR S&P 500 ETF (SPY)

Strata Critical Medical Business Overview & Revenue Model

Company DescriptionStrata Critical Medical, Inc. provides time critical logistics solutions and specialized medical services to healthcare providers across the United States. The company operates as both an air and ground transporter of human organs for transplant. The company was formerly known as Blade Air Mobility, Inc. and change its name to Strata Critical Medical, Inc. in August 2025. The company was founded in 2014 and is headquartered in New York, New York.
How the Company Makes MoneyStrata Critical Medical generates revenue through multiple streams, primarily focusing on the sales of its medical devices and related software solutions to hospitals, healthcare providers, and emergency medical services. The company employs a direct sales force and leverages distribution partnerships to reach a broader market. Additionally, SRTA earns income through service contracts for maintenance and support of its devices, as well as from training programs for healthcare professionals on the effective use of its products. Strategic partnerships with healthcare institutions and research organizations also contribute to revenue through collaborative projects and grants aimed at advancing medical technology.

Strata Critical Medical Earnings Call Summary

Earnings Call Date:Nov 10, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 17, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant revenue growth, successful strategic transactions, and strong profit margins, setting a positive outlook for future cash flow generation. However, challenges such as the impact of the Joby transaction stock price and ongoing legal issues were noted.
Q3-2025 Updates
Positive Updates
Revenue Growth and Profitability
Year-over-year revenue growth accelerated to 29% excluding Keystone, with record segment adjusted EBITDA performance seeing 80% growth. Medical segment adjusted EBITDA margin increased to over 15% in Q3 2025, up from 10.8% in the prior year.
Strategic Transactions and Rebranding
Completed two transformational transactions: divestiture of the passenger business and acquisition of Keystone Perfusion. Rebranded as Strata Critical Medical with a new ticker symbol, SRTA.
Positive Free Cash Flow
Generated positive free cash flow from continuing operations, with expectations to consistently generate free cash flow moving forward.
Strong Performance in New and Existing Services
Revenue from organ placement services more than doubled year-over-year, and a new organ logistics customer was added late in Q3.
Negative Updates
Joby Transaction Stock Price Impact
The $10 million difference in cash proceeds from the Joby transaction was due to a significant decline in Joby's stock price during the measurement period.
Legal Provision for Ongoing Litigation
Booked a legal provision related to ongoing litigation from the go-public transaction, as disclosed in SEC filings.
Company Guidance
During the Strata Critical Medical fiscal third-quarter 2025 earnings call, the company provided robust guidance, highlighting a significant year-over-year revenue growth of 29%, excluding the recent Keystone acquisition. The company reported an all-time high in segment adjusted EBITDA performance, with an 80% increase year-over-year, also excluding Keystone. The medical segment adjusted EBITDA margin improved to over 15% in Q3 2025, compared to 10.8% in the previous year and 12.5% in the first half of the year. Despite a seasonal sequential decline in industry-wide transplant volumes by approximately 6%, Strata's revenue rose 3% sequentially. The company also raised its 2025 revenue guidance to $185-$195 million and reaffirmed its adjusted EBITDA guidance range of $13-$14 million. Additionally, Strata expects medical segment adjusted EBITDA margins to increase in Q4 2025 driven by the Keystone acquisition.

Strata Critical Medical Financial Statement Overview

Summary
Strata Critical Medical faces financial challenges with declining revenue and operational inefficiencies, despite a strong balance sheet with low leverage. Cash flow issues further exacerbate the financial risks.
Income Statement
45
Neutral
Strata Critical Medical shows a mixed performance in its income statement. The company has a declining revenue trend with a negative revenue growth rate of -10.06% in the TTM, indicating challenges in maintaining sales momentum. Despite a positive net profit margin of 17.65% in the TTM, the EBIT and EBITDA margins remain negative, reflecting operational inefficiencies. The gross profit margin is relatively stable, but the overall profitability is hindered by high operational costs.
Balance Sheet
60
Neutral
The balance sheet of Strata Critical Medical is relatively stable with a low debt-to-equity ratio of 0.012, indicating low leverage and financial risk. The return on equity is positive at 17.05% in the TTM, showing effective use of equity to generate profits. However, the equity ratio is not explicitly calculated, but the overall asset base seems adequately supported by equity.
Cash Flow
40
Negative
Cash flow analysis reveals significant challenges for Strata Critical Medical. The company has a negative operating cash flow and free cash flow, with a high free cash flow growth rate of 142.19% in the TTM, indicating volatility. The operating cash flow to net income ratio is negative, suggesting cash flow issues despite reported net income. The free cash flow to net income ratio is positive, indicating some cash generation relative to net income.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue228.76M248.69M225.18M146.12M50.53M23.43M
Gross Profit53.92M58.92M42.12M22.27M10.52M2.33M
EBITDA-25.14M-27.96M-61.01M-69.87M-23.50M-9.83M
Net Income40.39M-27.31M-56.08M-27.26M-40.05M-10.16M
Balance Sheet
Total Assets335.08M256.68M294.94M325.02M335.88M17.71M
Cash, Cash Equivalents and Short-Term Investments75.92M127.14M166.14M192.08M281.97M12.16M
Total Debt3.47M9.32M24.52M18.33M716.00K1.89M
Total Liabilities52.08M34.74M60.64M50.54M44.51M6.63M
Stockholders Equity283.00M221.94M234.30M274.49M291.37M11.08M
Cash Flow
Free Cash Flow-54.64M-35.51M-34.46M-37.86M-16.42M-11.20M
Operating Cash Flow-40.59M-2.52M-32.35M-37.13M-15.62M-10.82M
Investing Cash Flow55.46M-1.02M17.09M79.34M-321.34M-377.00K
Financing Cash Flow-12.81M-5.76M-76.00K-1.08M332.26M1.18M

Strata Critical Medical Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price4.44
Price Trends
50DMA
4.84
Negative
100DMA
4.62
Negative
200DMA
3.96
Positive
Market Momentum
MACD
-0.17
Negative
RSI
47.28
Neutral
STOCH
59.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SRTA, the sentiment is Neutral. The current price of 4.44 is below the 20-day moving average (MA) of 4.48, below the 50-day MA of 4.84, and above the 200-day MA of 3.96, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 47.28 is Neutral, neither overbought nor oversold. The STOCH value of 59.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SRTA.

Strata Critical Medical Risk Analysis

Strata Critical Medical disclosed 64 risk factors in its most recent earnings report. Strata Critical Medical 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 1 New Risks

Strata Critical Medical Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
$726.41M13.479.99%4.27%28.47%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
57
Neutral
$305.29M50.391.35%-1.64%1966.67%
50
Neutral
$361.01M-10.33%-5.40%63.20%
46
Neutral
$245.29M
44
Neutral
$130.19M-8.51%82.15%
38
Underperform
$55.26M-0.31-509.71%-15.06%-119.79%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SRTA
Strata Critical Medical
4.44
0.05
1.14%
MESA
Mesa Air Group
19.01
3.56
23.04%
ASLE
AerSale Corporation
6.51
0.37
6.03%
SNCY
Sun Country Airlines Holdings
14.14
-0.44
-3.02%
FLYX
flyExclusive
3.27
0.92
39.15%
SRFM
Surf Air Mobility, Inc.
2.30
-2.15
-48.31%

Strata Critical Medical Corporate Events

Strata Critical Medical Reports Strong Q3 2025 Growth
Nov 11, 2025

Strata Critical Medical, Inc. is a U.S.-based company specializing in time-critical logistics and medical services, primarily serving the healthcare industry with a focus on air transport and surgical services for transplant hospitals and organ procurement organizations.

Blade Air Mobility’s Earnings Call: Growth and Strategic Moves
Nov 11, 2025

The recent earnings call for Blade Air Mobility, Inc. painted a largely positive picture, with significant revenue growth and strategic transactions setting the stage for future success. The company reported strong profit margins and a promising outlook for cash flow generation. However, challenges such as the impact of the Joby transaction on stock price and ongoing legal issues were also acknowledged.

Business Operations and StrategyM&A Transactions
Strata Critical Medical Completes Keystone Acquisition
Positive
Sep 16, 2025

On September 16, 2025, Strata Critical Medical completed the acquisition of Keystone Perfusion Services, a leading provider of organ recovery and normothermic regional perfusion services. This acquisition, valued at approximately $124 million, aims to create an integrated organ recovery platform and diversify Strata’s medical services. The deal is expected to enhance Strata’s market positioning by offering comprehensive transplant services and expanding into non-transplant medical sectors, potentially driving significant revenue growth and operational efficiencies.

The most recent analyst rating on (SRTA) stock is a Buy with a $6.50 price target. To see the full list of analyst forecasts on Strata Critical Medical stock, see the SRTA Stock Forecast page.

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.Date of analysis: Nov 21, 2025