Q1 Earnings Estimate for electroCore Issued By HC Wainwright

electroCore, Inc. (NASDAQ:ECOR) – HC Wainwright decreased their Q1 2025 EPS estimates for shares of electroCore in a research note issued to investors on Thursday, March 13th. HC Wainwright analyst S. Ramakanth now expects that the company will post earnings per share of ($0.59) for the quarter, down from their previous estimate of ($0.26). HC Wainwright currently has a “Buy” rating and a $25.00 price target on the stock. The consensus estimate for electroCore’s current full-year earnings is ($1.49) per share. HC Wainwright also issued estimates for electroCore’s Q2 2025 earnings at ($0.45) EPS, Q3 2025 earnings at ($0.36) EPS, Q4 2025 earnings at ($0.29) EPS, FY2025 earnings at ($1.70) EPS, FY2026 earnings at $0.45 EPS and FY2027 earnings at $1.33 EPS.

Separately, LADENBURG THALM/SH SH reduced their price target on shares of electroCore from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th.

electroCore Trading Down 3.5 %

NASDAQ ECOR opened at $8.26 on Monday. The firm has a market capitalization of $54.98 million, a price-to-earnings ratio of -4.51 and a beta of 0.24. The firm’s 50 day simple moving average is $15.64 and its 200 day simple moving average is $12.37. electroCore has a 1 year low of $5.32 and a 1 year high of $19.49.

Hedge Funds Weigh In On electroCore

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in shares of electroCore by 31,250.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,762 shares of the company’s stock valued at $61,000 after acquiring an additional 3,750 shares during the last quarter. DnB Asset Management AS bought a new position in shares of electroCore during the fourth quarter valued at $180,000. HighTower Advisors LLC bought a new position in shares of electroCore during the third quarter valued at $255,000. NewEdge Advisors LLC bought a new position in shares of electroCore during the fourth quarter valued at $274,000. Finally, Jane Street Group LLC bought a new position in shares of electroCore during the fourth quarter valued at $278,000. Institutional investors own 26.74% of the company’s stock.

Insider Buying and Selling at electroCore

In related news, Director Thomas J. Errico bought 6,000 shares of the business’s stock in a transaction on Monday, March 17th. The shares were purchased at an average price of $8.10 per share, for a total transaction of $48,600.00. Following the completion of the transaction, the director now directly owns 256,401 shares of the company’s stock, valued at approximately $2,076,848.10. This represents a 2.40 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 19.70% of the company’s stock.

electroCore Company Profile

electroCore, Inc, a commercial stage bioelectronic medicine and wellness company, provides non-invasive vagus nerve stimulation technology platform in the United States, the United Kingdom, and internationally. The company is developing gammaCore, a prescription only handheld device intended for regular or intermittent use for the acute treatment of pain associated with migraine and episodic cluster headache, as well as for the treatment of hemicrania continua and paroxysmal hemicrania.