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Nuwellis, Inc. (NUWE) Stock Fundamental Analysis & AI Rating 2026

NUWE Nasdaq Electromedical & Electrotherapeutic Apparatus DE CIK: 0001506492
Recently Updated • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Rating
STRONG SELL
87% Confidence
STRONG AGREEMENT
STRONG SELL
88% Conf
STRONG SELL
86% Conf

📊 NUWE Key Takeaways

Revenue: $2.4M
Net Margin: -189.0%
Free Cash Flow: $-3.1M
Current Ratio: 1.56x
Debt/Equity: 0.74x
EPS: $-2.19
AI Rating: STRONG SELL with 88% confidence
Nuwellis, Inc. (NUWE) receives a STRONG SELL rating with 87% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.4M, net profit margin of -189.0%, and return on equity (ROE) of -170.7%, Nuwellis, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete NUWE stock analysis for 2026.

Is Nuwellis, Inc. (NUWE) a Good Investment?

Claude

Nuwellis is a cash-burning medical device company with declining revenue, operating losses consuming 192% of revenue, and only 8 months of cash runway at current burn rates. Despite healthy 70% gross margins indicating viable product economics, the company faces existential risk without near-term profitability achievement or significant capital infusion.

ChatGPT

Fundamentals show a shrinking top line, deeply negative margins, and severe cash burn with only $1.08M in cash against -$10.9M FCF, creating acute liquidity and dilution risk. While gross margin is strong at 62%, the company lacks scale and posts substantial operating losses and negative interest coverage. Without a rapid turnaround in revenue and operating efficiency or new capital, financial sustainability is doubtful.

Why Buy Nuwellis, Inc. Stock? NUWE Key Strengths

Claude
  • + Strong gross margin of 70.1% indicates underlying product viability and pricing power
  • + Moderate leverage (0.74x Debt/Equity) provides some financial flexibility
  • + Asset-light model with minimal capex requirements ($30K) reduces capital intensity
ChatGPT
  • + High gross margin (62%) suggests product value
  • + Current ratio above 1.5 provides limited cushion
  • + Low capex needs support scalability if demand improves

NUWE Stock Risks: Nuwellis, Inc. Investment Risks

Claude
  • ! Negative operating cash flow of -$3.1M with only $2.1M cash = ~8 months runway before insolvency
  • ! Revenue declining 5.4% YoY while operating losses exceed revenue by 2x, indicating failed commercialization
  • ! Operating margin of -190% with -$4.6M operating loss on $2.4M revenue shows inability to control costs or scale efficiently
  • ! Negative ROE (-170.7%) and ROA (-65.2%) demonstrate severe value destruction
  • ! Interest coverage of -9.1x reflects inability to service debt from operations
ChatGPT
  • ! Going-concern/liquidity risk given minimal cash vs. burn
  • ! Sustained operating losses and negative interest coverage (-22x)
  • ! Revenue decline and subscale operations limit operating leverage

Key Metrics to Watch

Claude
  • * Quarterly revenue trend and return to growth trajectory
  • * Operating expense reduction and path to positive operating income
  • * Cash burn rate and months of cash runway remaining
  • * Operating cash flow inflection to positive
  • * Capital raise announcements or partnership developments indicating survival strategy
ChatGPT
  • * Quarterly operating cash burn and cash balance
  • * Revenue growth and operating margin improvement

Nuwellis, Inc. (NUWE) Financial Metrics & Key Ratios

Revenue
$2.4M
Net Income
$-4.5M
EPS (Diluted)
$-2.19
Free Cash Flow
$-3.1M
Total Assets
$7.0M
Cash Position
$2.1M

💡 AI Analyst Insight

Nuwellis, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

NUWE Profit Margin, ROE & Profitability Analysis

Gross Margin 70.1%
Operating Margin -190.1%
Net Margin -189.0%
ROE -170.7%
ROA -65.2%
FCF Margin -130.8%

NUWE vs Healthcare Sector: How Nuwellis, Inc. Compares

How Nuwellis, Inc. compares to Healthcare sector averages

Net Margin
NUWE -189.0%
vs
Sector Avg 12.0%
NUWE Sector
ROE
NUWE -170.7%
vs
Sector Avg 15.0%
NUWE Sector
Current Ratio
NUWE 1.6x
vs
Sector Avg 2.0x
NUWE Sector
Debt/Equity
NUWE 0.7x
vs
Sector Avg 0.6x
NUWE Sector

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

Is Nuwellis, Inc. Stock Overvalued? NUWE Valuation Analysis 2026

Based on fundamental analysis, Nuwellis, Inc. shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-170.7%
Sector avg: 15%
Net Profit Margin
-189.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.74x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Nuwellis, Inc. Balance Sheet: NUWE Debt, Cash & Liquidity

Current Ratio
1.56x
Quick Ratio
1.09x
Debt/Equity
0.74x
Debt/Assets
61.7%
Interest Coverage
-9.06x
Long-term Debt
$2.0M

NUWE Revenue & Earnings Growth: 5-Year Financial Trend

NUWE 5-year financial data: Year 2021: Revenue $7.9M, Net Income -$15.8M, EPS $-10.67. Year 2022: Revenue $8.5M, Net Income -$19.6M, EPS $-285.36. Year 2023: Revenue $8.9M, Net Income -$14.5M, EPS $-83.55. Year 2024: Revenue $8.9M, Net Income -$20.2M, EPS $-360.06. Year 2025: Revenue $8.7M, Net Income -$11.2M, EPS $-353.30.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Nuwellis, Inc.'s revenue has grown significantly by 10% over the 5-year period, indicating strong business expansion. The most recent EPS of $-353.30 indicates the company is currently unprofitable.

NUWE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-130.8%
Free cash flow / Revenue

NUWE Quarterly Earnings & Performance

Quarterly financial performance data for Nuwellis, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.9M -$3.0M $-2.19
Q3 2025 $2.2M $468.0K $0.56
Q2 2025 $1.7M -$3.0M $-60.99
Q1 2025 $1.9M -$3.0M $-0.69
Q3 2024 $2.4M $2.4M $1.74
Q2 2024 $2.1M -$4.3M $-18.85
Q1 2024 $1.8M -$4.3M $-0.60
Q3 2023 $2.1M -$3.4M $-1.81

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

Nuwellis, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$3.1M
Cash generated from operations
Capital Expenditures
$30.0K
Investment in assets
Dividends
None
No dividend program

NUWE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Nuwellis, Inc. (CIK: 0001506492)

📋 Recent SEC Filings

Date Form Document Action
May 15, 2026 10-Q ef20070454_10q.htm View →
May 12, 2026 8-K ef20073181_8k.htm View →
Apr 29, 2026 4 xslF345X06/form4.xml View →
Apr 29, 2026 4 xslF345X06/form4.xml View →
Apr 29, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about NUWE

What is the AI rating for NUWE?

Nuwellis, Inc. (NUWE) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 87% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NUWE's key strengths?

Claude: Strong gross margin of 70.1% indicates underlying product viability and pricing power. Moderate leverage (0.74x Debt/Equity) provides some financial flexibility. ChatGPT: High gross margin (62%) suggests product value. Current ratio above 1.5 provides limited cushion.

What are the risks of investing in NUWE?

Claude: Negative operating cash flow of -$3.1M with only $2.1M cash = ~8 months runway before insolvency. Revenue declining 5.4% YoY while operating losses exceed revenue by 2x, indicating failed commercialization. ChatGPT: Going-concern/liquidity risk given minimal cash vs. burn. Sustained operating losses and negative interest coverage (-22x).

What is NUWE's revenue and growth?

Nuwellis, Inc. reported revenue of $2.4M.

Does NUWE pay dividends?

Nuwellis, Inc. does not currently pay dividends.

Where can I find NUWE SEC filings?

Official SEC filings for Nuwellis, Inc. (CIK: 0001506492) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NUWE's EPS?

Nuwellis, Inc. has a diluted EPS of $-2.19.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NUWE a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Nuwellis, Inc. has a STRONG SELL rating with 87% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NUWE stock overvalued or undervalued?

Valuation metrics for NUWE: ROE of -170.7% (sector avg: 15%), net margin of -189.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy NUWE stock in 2026?

Our dual AI analysis gives Nuwellis, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NUWE's free cash flow?

Nuwellis, Inc.'s operating cash flow is $-3.1M, with capital expenditures of $30.0K. FCF margin is -130.8%.

How does NUWE compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -189.0% (avg: 12%), ROE -170.7% (avg: 15%), current ratio 1.56 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) 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: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI