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CBLL Stock Analysis - Ceribell, Inc. AI Rating

CBLL Nasdaq Electromedical & Electrotherapeutic Apparatus DE CIK: 0001861107
Recently Updated • Analysis: Mar 21, 2026 • SEC Data: 2025-12-31
AI Rating
SELL
85% Confidence

📊 CBLL Key Takeaways

Revenue: $89.1M
Net Margin: -60.0%
Free Cash Flow: $-41.6M
Current Ratio: 9.73x
Debt/Equity: 0.00x
EPS: $-1.46
AI Rating: SELL with 85% confidence

Investment Thesis

Ceribell exhibits strong revenue growth (+36.1% YoY) with exceptional gross margins (87.9%), indicating solid market demand and pricing power in the electromedical device sector. However, the company is unprofitable at the operating level (-65.6% margin) with significant cash burn (-$41.6M FCF), and without clear visibility to profitability, the company is consuming cash reserves despite strong balance sheet liquidity. The divergence between revenue growth and operating losses suggests execution challenges or heavy investment phase, requiring demonstrated progress toward profitability within 12-18 months to validate the business model.

CBLL Strengths

  • + Strong revenue growth of 36.1% YoY indicating market traction and demand
  • + Exceptional gross margin of 87.9% demonstrating pricing power and operational efficiency at manufacturing level
  • + Fortress balance sheet with $40.5M cash, 9.73x current ratio, and zero debt providing runway for operations

CBLL Risks

  • ! Severe operating losses (-$65.6% margin) with negative net income of -$53.4M indicating unsustainable unit economics
  • ! Significant cash burn of -$41.6M in FCF despite positive revenue, depleting cash reserves at current burn rate within ~1 year
  • ! Heavy opex structure relative to revenue suggests sales, R&D, or administrative costs are not scaling with gross profit growth
  • ! No visibility to path to profitability with continued negative operating cash flow and operating margin deterioration risk

Key Metrics to Watch

CBLL Financial Metrics

Revenue
$89.1M
Net Income
$-53.4M
EPS (Diluted)
$-1.46
Free Cash Flow
$-41.6M
Total Assets
$195.8M
Cash Position
$40.5M

💡 AI Analyst Insight

Strong liquidity with a 9.73x current ratio provides a solid financial cushion.

CBLL Profitability Ratios

Gross Margin 87.9%
Operating Margin -65.6%
Net Margin -60.0%
ROE -34.4%
ROA -27.3%
FCF Margin -46.7%

CBLL vs Healthcare Sector

How Ceribell, Inc. compares to Healthcare sector averages

Net Margin
CBLL -60.0%
vs
Sector Avg 12.0%
CBLL Sector
ROE
CBLL -34.4%
vs
Sector Avg 15.0%
CBLL Sector
Current Ratio
CBLL 9.7x
vs
Sector Avg 2.0x
CBLL Sector
Debt/Equity
CBLL 0.0x
vs
Sector Avg 0.6x
CBLL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

CBLL Balance Sheet & Liquidity

Current Ratio
9.73x
Quick Ratio
9.35x
Debt/Equity
0.00x
Debt/Assets
20.7%
Interest Coverage
N/A
Long-term Debt
N/A

CBLL 5-Year Financial Trend

CBLL 5-year financial data: Year 2024: Revenue $65.4M, Net Income -$29.5M, EPS $-5.56. Year 2025: Revenue $89.1M, Net Income -$40.5M, EPS $-3.39.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ceribell, Inc.'s revenue has grown significantly by 36% over the 5-year period, indicating strong business expansion. The most recent EPS of $-3.39 indicates the company is currently unprofitable.

CBLL Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-46.7%
Free cash flow / Revenue

CBLL Quarterly Performance

Quarterly financial performance data for Ceribell, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $17.2M -$8.5M $-0.37
Q2 2025 $15.3M -$8.5M $-0.38
Q1 2025 $14.4M -$8.5M $-0.36
Q3 2024 $11.6M -$6.2M $-1.32

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CBLL Capital Allocation

Operating Cash Flow
-$40.8M
Cash generated from operations
Capital Expenditures
$767.0K
Investment in assets
Dividends
None
No dividend program

CBLL SEC Filings

Access official SEC EDGAR filings for Ceribell, Inc. (CIK: 0001861107)

📋 Recent SEC Filings

Date Form Document Action
Mar 5, 2026 4 xslF345X05/ownership.xml View →
Mar 5, 2026 4 xslF345X05/ownership.xml View →
Mar 5, 2026 4 xslF345X05/ownership.xml View →
Mar 4, 2026 4 xslF345X05/ownership.xml View →
Feb 25, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about CBLL

What is the AI rating for CBLL?

Ceribell, Inc. (CBLL) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CBLL's key strengths?

Strong revenue growth of 36.1% YoY indicating market traction and demand. Exceptional gross margin of 87.9% demonstrating pricing power and operational efficiency at manufacturing level.

What are the risks of investing in CBLL?

Severe operating losses (-$65.6% margin) with negative net income of -$53.4M indicating unsustainable unit economics. Significant cash burn of -$41.6M in FCF despite positive revenue, depleting cash reserves at current burn rate within ~1 year.

What is CBLL's revenue and growth?

Ceribell, Inc. reported revenue of $89.1M.

Does CBLL pay dividends?

Ceribell, Inc. does not currently pay dividends.

Where can I find CBLL SEC filings?

Official SEC filings for Ceribell, Inc. (CIK: 0001861107) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CBLL's EPS?

Ceribell, Inc. has a diluted EPS of $-1.46.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-12-31 | Powered by Claude AI