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SANUWAVE Health, Inc.

$9.21

+0.12 (+1.32%)

F 17Pipeline Score MedTech · Commercial
Market Cap
143.52 M
EPS
1.87
P/E Ratio
51.06 $
Value Trade
1.12 M
SEC Financials
Q1 2026
  • Dilution Risk

    5%
  • Revenue

    9.62 M

  • R&D Expenses

    660.00 K

  • Operating CF

    397.00 K


  • Total Assets

    37.10 M

  • Total Liabilities

    35.26 M

  • Equity

    1.84 M

  • D/E Ratio

    12,345

-2.28 %
Week
-13.16 %
1 Month
-32.54 %
3 Month
-47.45 %
6 Month
-99.92 %
5 Year
-100 %
All Time
Cash Data
Profitable
  • Cash Position

    10.78 M

  • Monthly Burn

    -

  • Runway

    12,345 mo

  • Burn Trend

    Stable
  • SEC Filing

    May 12, 2026
Overview
Volume
290.73 K
52 Week Range
15.36 - 46.59
% held by Insiders
5.42 %
% held by Institutions
57.84 %
Enterprise Value
154.90 M
Total Shares
8.57 M
Short %
9.62 %
Float Shares
8.42 M
Company Description
HQ: 9600 W. 6TH SSTREET, EDEN PRAI...
Employees:55

locked

Upcoming Catalyst
Catalyst Drug/Treatment Stage Probability of Approval Description Drug Type Therapeutic Area Source
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
Example Drug Treatment for example condition requiring FDA review
Phase 3
-%
Small Molecule
Oncology
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Drug Pipeline Intelligence
F17
Pipeline Score
-
Pipeline Value
Valuation Signal
0
Drugs Scored
rNPV / MCap
Top 15%
Micro Cap
(rank 770 of 905)
Percentile Rank
SANUWAVE Health, Inc. has significant pipeline risk (17/100).
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Clinical Trial Results
Drug Name Indications Phase Date Trial Results Summary Title Source
Example Drug
Example indication for clinical evaluation
Phase 3
2025-12-01
Example Drug
Example indication for clinical evaluation
Phase 3
2025-12-01
Example Drug
Example indication for clinical evaluation
Phase 3
2025-12-01
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Inside Trades
TREND
CORPORATE INSIDERS BOUGHT SHARES WORTH 1.8M IN THE LAST 3 MONTHS
YEARLY INSIDER TRANSACTIONS
Sector Avg.
INSIDERS
SOLD
INSIDERS
BOUGHT
POSITIVE SENTIMENT Based on 22 Insiders Transactions
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Hedge Funds
TREND
HEDGE FUNDS INCREASED HOLDINGS BY 200.0K SHARES IN THE LAST QUARTER
Shares Held
2040.00B1530.00B1020.00B510.00B0
Q3
2024
Q4
2024
Q1
2025
Q2
2025
HEDGE FUNDS
SOLD
HEDGE FUNDS
BOUGHT
POSITIVE SENTIMENT Based on 27 hedge funds in the last quarter
18 buying (3 new)·9 selling (1 exited)·2 unchanged
Fund Count
60%
Share Volume
25%
Conviction
15%
HedgeFund Name
( 3 )
% of Portfolio Current MV
-
Shares Owned
-
Activity
Avg Price $0

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K

Example Capital Management

2.5 %
15.00 M
250.00 K
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SANUWAVE Health, Inc. (SNWV) Analyst Ratings & Price Targets
Symbol
Firm
Rating
Action
Price Target
Upside
date
SNWV
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
SNWV
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
SNWV
Example Securities
Buy
Initiated
$150.00
+25%
2026-01-15
Unlock Biotech Analyst Ratings data
SNWV Stock Forecast & Analyst Consensus
BUY
Analyst Ratings
Buy65.0%
Hold25.0%
Sell10.0%
Price Target Trend
Average$24.00
Low$18.00
High$32.00
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SNWV Institutional Ownership Trends
Current Insider %
5.20%
+0.00%
Current Institutional %
62.40%
+0.00%
Total Ownership
67.60%
Insider + Institutional
Data Points
1
1 Ticker(s)
Option Chain Statistics
ExpirationVolumeOpen InterestImplied Volatility CallsImplied Volatility Puts
CallsPutsPut-Call RatioCallsPutsPut-Call RatioIVOiWaIvVWaIvIVOiWaIvVWaIv
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Option Chain
CallsStrikePuts
Last PriceVolumeOpen InterestLast PriceVolumeOpen Interest
No data available
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Open interest
0 600K 1.2M 1.8M Avg OI 1.00 M Open Interest
0 1 2 3 1.1 Put-Call Ratio
Today's Open Interest
1.00 M
Put-Call Ratio
1.1
Put Open Interest
480.00 K
Call Open Interest
520.00 K
Open Interest Avg (30-day)
900,000
Today vs Open Interest Avg (30-day)
11.11%
Option Volume
0 450K 900K 1.4M Avg OV 750.00 K Option Volume
0 1 2 3 0.95 Put-Call Ratio
Today's Volume
750.00 K
Put-Call Ratio
0.95
Put Volume
360.00 K
Call Volume
390.00 K
Volume Avg (30-day)
800,000
Today vs Volume Avg (30-day)
-6.25%
Company News
SNWV
Jun 16, 2026
SNWVGeneral

Sanuwave Health Updates Second Quarter 2026 Guidance

Sanuwave Health has updated its revenue guidance for Q2 2026 to between $8.5 and $9.5 million, reflecting a decline from earlier projections. The company faces market disruptions affecting sales of its Ultramist system due to reimbursement clawbacks. Despite these challenges, Sanuwave reports strong applicator sales and remains optimistic about its product pipeline.

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SNWV
May 13, 2026
SNWVGeneral

Sanuwave Announces Revenues and Financial Results for Q1 FY2026

Sanuwave Health reported Q1 2026 revenues of $9.6 million, marking a 3.1% increase from the previous year, and the highest Q1 revenues in its history. Despite a GAAP operating loss of $1.1 million, the company anticipates a 10-15% revenue growth for Q2 2026. CEO Morgan Frank noted a recovery in sales, particularly in applicator sales, and expressed optimism for continued growth throughout 2026.

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SNWV
Mar 27, 2026
SNWVGeneral

Sanuwave Announces Record Revenues and Financial Results for Q4 and Full Year 2025

Sanuwave Health, Inc. reported record revenues of $13.4 million for Q4 2025, marking a 29.7% increase from the previous year. The full year revenue reached $44.1 million, up 35.0% from 2024. Despite challenges in the wound care sector, the company anticipates continued growth with guidance for Q1 2026 revenues between $9.6 and $10.3 million. The CEO highlighted the potential for their UltraMIST product amidst industry changes.

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SNWV
Jan 9, 2026
SNWVGeneral

Sanuwave Health Announces Preliminary Q4 2025 Revenue of $13.3–$13.4 Million, Up 29–30% Year-over-Year; Achieves Record Quarterly and Full-Year Revenue

Sanuwave Health announced preliminary revenues of $13.3 to $13.4 million for Q4 2025, marking a 29%-30% increase from Q4 2024. The full-year revenue for 2025 reached $44.3-$44.4 million, a 36% increase compared to the previous year. The company attributed its success to strategic adaptations in the evolving wound care market, positioning itself for future opportunities.

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SNWV
Dec 10, 2025
SNWVConferences/Events

Sanuwave to Participate in the 44th Annual J.P. Morgan Healthcare Conference

Sanuwave Health, Inc. will attend the 44th Annual J.P. Morgan Healthcare Conference in San Francisco from January 12 to January 15, 2026. The company aims to connect with investors during the event. Sanuwave focuses on developing FDA-approved wound care products and regenerative medicine technologies.

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SNWV
Dec 8, 2025
SNWVGeneral

Sanuwave Announces the Addition of UltraMIST to Healogics Group Purchasing Organization (GPO), iSupply

Sanuwave Health has announced the addition of its UltraMIST product line to Healogics' iSupply Group Purchasing Organization. This collaboration allows iSupply members, including various healthcare facilities, to access UltraMIST, which is expected to be rolled out by the end of 2025. The partnership aims to provide innovative wound care solutions and enhance patient care.

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SNWV
Nov 7, 2025
SNWVGeneral

Sanuwave Announces Q3 FY2025 Financial Results

Sanuwave Health, Inc. reported Q3 2025 revenues of $11.5 million, a 22% increase from the previous year, marking the highest quarterly revenue in its history. The gross margin improved to 77.9%, although GAAP operating income decreased to $1.5 million due to stock-based compensation costs. The company anticipates Q4 2025 revenues between $13-$14 million despite industry challenges related to reimbursement changes.

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SNWV
Nov 3, 2025
SNWVConferences/Events

Sanuwave Will Host a Conference Call on November 7, 2025 at 8:30 AM (ET) to Present Q3 2025 Financial Results

Sanuwave Health, Inc. will conduct a conference call on November 7, 2025, at 8:30 AM (ET) to discuss its Q3 2025 financial results. The call will be accessible via telephone and a link for instant access is provided. Sanuwave specializes in FDA-approved wound care products and aims to improve healing processes through its innovative technologies.

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SNWV
Nov 3, 2025
SNWVFDA Updates

CMS Publishes Final Rule for Calendar Year 2026 Physician Fee Schedule for UltraMIST Procedure (CPT code 97610)

Sanuwave Health, Inc. announced that the final rule for the 2026 Physician Fee Schedule by CMS maintains reimbursement rates for the UltraMIST procedure (CPT code 97610) largely unchanged from 2025. The company expects slight increases in reimbursement for many providers, aligning with their prior expectations. CEO Morgan Frank emphasized the stability of these rates amidst changes in other wound care reimbursements.

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SNWV
Oct 6, 2025
SNWVGeneral

Sanuwave Health Announces Preliminary Revenue Results for the Third Quarter 2025 (Ended September 30, 2025)

Sanuwave Health announced preliminary revenues of $11.4 to $11.6 million for Q3 2025, marking the highest quarterly revenue in its history. This represents a 22-24% increase compared to Q3 2024, although it fell short of earlier guidance. The CEO noted challenges in the wound care market due to reimbursement uncertainties, leading to delayed purchasing decisions. Despite these challenges, the company recorded a significant number of system sales and plans to adjust its annual revenue guidance.

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SNWV
Sep 26, 2025
SNWVGeneral

Sanuwave Announces Strategic Debt Refinancing with New Credit Facility

Sanuwave Health, Inc. has announced a strategic refinancing of its debt through a new credit facility from J.P. Morgan. The $23 million term loan and $5 million revolving credit facility will help repay the existing NH Expansion debt. This move is expected to improve the company's financial position and cash flow management.

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SNWV
Jul 22, 2025
SNWVConferences/Events

Sanuwave Health to Present at Canaccord Genuity Growth Conference

Sanuwave Health, Inc. will present at the 45th Annual Canaccord Genuity Growth Conference on August 13, 2025. CEO Morgan Frank will lead the presentation and is available for one-on-one investor meetings. The company specializes in FDA-approved wound care products and regenerative medicine technologies.

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SNWV
Jun 3, 2025
SNWVGeneral

Sanuwave Health Appoints Industry Veteran Dustin Libby as Executive Vice President of Commercial Operations

Sanuwave Health has appointed Dustin Libby as Executive Vice President of Commercial Operations. Libby, with two decades of experience in the medical device industry, previously scaled a surgical business from $15M to over $500M in revenue. His expertise is expected to enhance Sanuwave's growth in the wound care market.

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Competitive Position
How SNWV ranks across every disease it competes in
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See how SNWV ranks against every competitor across each disease it develops in: phase, best drug, trials and likelihood of approval.
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