tiprankstipranks
Trending News
More News >
Stereotaxis (STXS)
:STXS
Advertisement

Stereotaxis (STXS) AI Stock Analysis

Compare
324 Followers

Top Page

STXS

Stereotaxis

(NYSE MKT:STXS)

Rating:64Neutral
Price Target:
$2.50
▲(12.61%Upside)
The overall score of 64 reflects the company's strengths in revenue growth and strategic financial moves such as the stock offering, bolstered by neutral technical indicators. However, ongoing financial challenges and valuation concerns moderate the score.
Positive Factors
Product Performance
Initial peer-reviewed results for Stereotaxis’ MAGiC catheter show 94% acute efficacy and strong safety across a broad range of arrhythmias.
Regulatory Progress
The publication supports the company's ongoing commercial rollout of the MAGiC catheter in Europe and should support the US regulatory filing.
Revenue Growth
STXS posted 1Q revenue of $7.5M, beating the Street's $6.9M estimate by a comfortable margin.
Negative Factors
Market Competition
The need for continuous innovation and enhancement may pressure the company to invest heavily in R&D to maintain its competitive edge.
Regulatory Delays
Potential delays in FDA approval for the MAGiC catheter in the U.S. could impact growth expectations.

Stereotaxis (STXS) vs. SPDR S&P 500 ETF (SPY)

Stereotaxis Business Overview & Revenue Model

Company DescriptionStereotaxis, Inc. designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory in the United States and internationally. Its robotic magnetic navigation (RMN) systems include the Genesis RMN and Niobe systems, which enable physicians to complete complex interventional procedures by providing image-guided delivery of catheters and guidewires through the blood vessels and chambers of the heart to treatment sites. The company also provides Odyssey, a real-time information solution to manage, control, record, and share procedures across networks; and Stereotaxis Imaging Model S X-ray system, a single-plane full-power x-ray system, including c-arm, powered table, motorized boom, and large high-definition monitors for a robotic interventional operating room. In addition, it offers disposables and other accessories, such as QuikCAS automated catheter advancement disposables for the remote advancement of electrophysiology catheters; and CARTO RMT navigation and ablation system, CELSIUS RMT, NAVISTAR RMT, NAVISTAR RMT DS, NAVISTAR RMT THERMOCOOL, and CELSIUS RMT THERMOCOOL irrigated tip diagnostic/ablation steerable tip catheters. Further, the company provides Vdrive, a system that offers navigation and stability for the diagnostic and therapeutic devices designed to improve interventional procedures; and V-Loop, V-Sono, and V-CAS disposable components. Stereotaxis, Inc. markets its products through direct sales force, distributors, and sales agents. The company has a strategic collaboration with Osypka AG to develop a magnetic ablation catheter using Stereotaxis' robotic technology. Stereotaxis, Inc. was incorporated in 1990 and is headquartered in Saint Louis, Missouri.
How the Company Makes MoneyStereotaxis generates revenue primarily through the sale of its robotic systems and related products. This includes the initial sale of the robotic navigation systems, as well as recurring revenue from the sale of disposable components and service agreements. The company also earns income through partnerships with hospitals and medical centers, providing them with the necessary technology and support for advanced cardiac procedures. Additionally, Stereotaxis may earn from training and support services offered to healthcare providers to ensure effective use of their systems.

Stereotaxis Earnings Call Summary

Earnings Call Date:May 12, 2025
(Q1-2025)
|
% Change Since: 7.25%|
Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted solid revenue growth and successful product launches, particularly in the European market. However, challenges persist with operating losses, uncertainties in the Chinese market, and temporary impacts on recurring revenue margins. Overall, the sentiment is neutral, balancing positive developments with existing challenges.
Q1-2025 Updates
Positive Updates
Revenue Growth
The company reported a 9% year-over-year revenue growth for the first quarter, with total revenue reaching $7.5 million, up from $6.9 million in the prior year.
Map-iT Portfolio Success
The Map-iT family of EP catheters achieved sales over $1 million in the first quarter, with U.S. sales growing 30% sequentially from the fourth quarter.
MAGiC Catheter European Approval
The MAGiC ablation catheter received European approval, with initial adoption at approximately 20% of hospital customers.
GenesisX Launch
The company announced its first GenesisX purchase order and showcased the system at major electrophysiology conferences, receiving positive feedback.
Regulatory Progress
Significant progress on multiple fronts, including ongoing regulatory reviews of key technologies such as MAGiC in the U.S., GenesisX in the U.S., and MAGiC Sweep.
Revenue Guidance
The company reiterated its revenue guidance, expecting double-digit growth for the full year 2025 and recurring revenue reaching $7 million in the fourth quarter.
Negative Updates
Operating Loss
Operating loss for the first quarter was $5.9 million, compared with $4.7 million in the previous year.
Challenges in China
Uncertainty in the Chinese market due to macroeconomic conditions, affecting potential sales of Genesis systems.
System Revenue Decline
System revenue decreased from $2.6 million in the prior year first quarter to $2 million in the current quarter.
Recurring Revenue Margin Impact
Recurring revenue gross margins were impacted by acquisition-related accounting, temporarily reducing disposable margins.
Company Guidance
During the Stereotaxis First Quarter 2025 Earnings Call, the company reported a 9% year-over-year growth in revenue, totaling $7.5 million, with system revenue at $2 million and recurring revenue at $5.5 million. The Map-iT catheter sales exceeded $1 million, growing 30% sequentially in the U.S. The European launch of the MAGiC catheter is expected to generate approximately $1 million per quarter by year-end, while the GenesisX soft launch has begun, with the first order received in Q1. Gross margins stood at 54%, with recurring revenue margins impacted by acquisition-related accounting. Operating expenses were $10 million, including $3.2 million in non-cash charges. The company reiterated its guidance for double-digit revenue growth for the full year 2025, with an expected recurring revenue of $7 million in Q4. The anticipated U.S. regulatory approval for MAGiC is in the second half of the year, and GenesisX approval is expected in the summer.

Stereotaxis Financial Statement Overview

Summary
Stereotaxis has strong gross margins but struggles with profitability due to high operational costs leading to negative net income. The balance sheet shows balanced leverage but limited equity. Cash flow challenges indicate a need for improved cash management.
Income Statement
65
Positive
Stereotaxis has shown marginal revenue growth over the years but faces challenges in profitability. The gross profit margin remains robust at around 54.2% for 2024, but the company continues to operate at a net loss, with a net profit margin of -94.2% in 2024. This indicates high operational costs relative to revenue, leading to negative EBIT and EBITDA margins, which suggest a need for cost management and strategic improvements.
Balance Sheet
60
Neutral
The debt-to-equity ratio for 2024 stands at approximately 0.99, showing a balanced leverage profile. However, the equity ratio is relatively low at 13.0%, indicating limited asset backing by equity. The company’s return on equity is negative due to sustained losses, highlighting potential financial stability concerns.
Cash Flow
58
Neutral
Free cash flow has seen a slight improvement but remains negative, reflecting cash outflow challenges. The operating cash flow to net income ratio is unfavorable due to negative cash flows, indicating issues in converting revenue into cash. The free cash flow to net income ratio also highlights cash generation difficulties, requiring strategic cash flow management.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue26.92M26.77M28.15M35.02M26.63M
Gross Profit14.59M14.86M18.47M23.23M18.97M
EBITDA-23.77M-21.24M-18.35M-12.78M-6.59M
Net Income-24.05M-20.71M-18.29M-8.44M-6.65M
Balance Sheet
Total Assets46.72M41.91M53.41M60.98M55.46M
Cash, Cash Equivalents and Short-Term Investments12.22M19.82M28.43M38.74M43.94M
Total Debt6.01M5.49M5.86M6.11M4.45M
Total Liabilities35.29M19.99M21.48M21.56M15.23M
Stockholders Equity11.43M21.92M31.93M39.42M40.23M
Cash Flow
Free Cash Flow-8.53M-9.51M-10.79M-4.34M-3.58M
Operating Cash Flow-8.50M-9.14M-8.41M-2.95M-3.51M
Investing Cash Flow74.00K19.77M-22.09M-1.40M-70.90K
Financing Cash Flow297.00K81.00K220.00K547.41K17.34M

Stereotaxis Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.22
Price Trends
50DMA
2.22
Negative
100DMA
2.07
Positive
200DMA
2.11
Positive
Market Momentum
MACD
0.04
Positive
RSI
47.07
Neutral
STOCH
25.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For STXS, the sentiment is Negative. The current price of 2.22 is below the 20-day moving average (MA) of 2.29, below the 50-day MA of 2.22, and above the 200-day MA of 2.11, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 47.07 is Neutral, neither overbought nor oversold. The STOCH value of 25.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for STXS.

Stereotaxis Risk Analysis

Stereotaxis disclosed 58 risk factors in its most recent earnings report. Stereotaxis 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 0 New Risks

Stereotaxis Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
$14.94B27.8611.38%1.28%-17.73%
71
Outperform
$9.33B24.3815.36%1.27%1.51%21.70%
68
Neutral
$1.71B-7.85%16.28%10.63%
66
Neutral
$5.02B43.078.60%10.14%0.04%
64
Neutral
$200.36M-179.82%1.50%-20.00%
56
Neutral
$879.58M55.81-19.14%-14.44%-557.38%
51
Neutral
$7.38B0.34-69.01%2.37%16.35%0.39%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
STXS
Stereotaxis
2.22
0.45
25.42%
ATR
AptarGroup
141.35
2.26
1.62%
ATRC
Atricure
34.41
12.98
60.57%
HOLX
Hologic
67.16
-15.20
-18.46%
MMSI
Merit Medical Systems
84.78
-2.66
-3.04%
STAA
Staar Surgical
17.76
-19.24
-52.00%

Stereotaxis Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Stereotaxis Announces $12.5M Stock Offering
Positive
Jul 17, 2025

On July 17, 2025, Stereotaxis announced a $12.5 million registered direct offering of common stock, priced at $2.00 per share, led by a strategic industry partner and select institutional investors. The company plans to use the proceeds to accelerate product commercialization, research and development, and other corporate purposes. The initial closing is expected on July 18, 2025, with proceeds of $8.5 million, and a second closing on November 25, 2025, for $4.0 million. This funding is expected to strengthen Stereotaxis’ balance sheet and support its innovation strategy.

The most recent analyst rating on (STXS) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Stereotaxis stock, see the STXS Stock Forecast page.

Executive/Board ChangesShareholder Meetings
Stereotaxis Holds 2025 Annual Shareholders Meeting
Neutral
May 19, 2025

On May 15, 2025, Stereotaxis held its Annual Meeting of Shareholders, where a 59% quorum was achieved with 63,792,419 shares represented. During the meeting, shareholders elected two Class III directors to serve until the 2028 Annual Meeting and ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2025. The election of directors was determined by a plurality of votes, and the proposal to ratify the accounting firm was passed by a majority of the outstanding shares.

The most recent analyst rating on (STXS) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Stereotaxis stock, see the STXS 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: Aug 02, 2025