electroCore

ECOR · NASDAQ

$7.49−$0.14 (−1.83%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $7.63

ECOR analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 7 analysts

Average $19.55 (+161.1% upside)

Low: $12.12
Now: $7.49
High: $27.30

Upgrades and downgrades

The latest rating actions, newest first

ECOR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
HC Wainwright & Co.	Jan 26, 2026	Maintains	Buy	$25.00 → $18.00	43%

The case for and against

Updated Jun 5, 2025

Bull case

electroCore Inc. has demonstrated strong financial performance with a 57% year-over-year revenue increase, reporting $25.2 million in total revenues for 2024 compared to $16 million in 2023, along with a solid quarterly growth of 8% in Q4 2024. The company's gammaCore product continues to generate substantial revenue, and the recent expansion into retail sales through Amazon, along with plans for commercialization in Canada and the UK, is expected to drive further growth. The anticipated synergy from the Quell product acquisition and the existing distribution channels suggests a positive trajectory for revenue generation in the long term.

Bear case

The financial outlook for electroCore reflects a concerning trend, as the company reported a 32% year-over-year decline in TAC-STIM revenues, dropping from $1.7 million in 2023 to $1.2 million in 2024. Additionally, the fourth quarter of 2024 highlighted a revenue miss against consensus estimates, with actual revenues of $7.0 million and a net loss per share greater than expected at $0.40. Although gammaCore sales saw significant growth through the VA/DoD channel, the sequential decline in revenues for the fourth quarter indicates potential volatility in this revenue stream, raising questions about overall financial stability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.