ECOR Chart
About

electroCore, Inc., a bioelectronic medicine and general wellness company, provides non-invasive vagus nerve stimulation (“nVNS”) technology platform in the United States, the United Kingdom, and internationally. The company develops 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. It also develops Truvaga 350, a personal use consumer electronics general wellness product and Truvaga Plus, an, app-enabled general wellness product. It also offers non-invasive bioelectronic therapies for the treatment of chronic pain and wellness conditions. In addition, the company offers TAC-STIM for human performance and gammaCore Sapphire, a portable, reusable, rechargeable, and reloadable prescription medical device for various primary headache conditions. electroCore, Inc. was incorporated in 2005 and is headquartered in Rockaway, New Jersey.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 57.41M
Enterprise Value 55.27M Income -14.16M Sales 29.84M
Book/sh -0.14 Cash/sh 1.62 Dividend Yield —
Payout 0.00% Employees 73 IPO —
P/E — Forward P/E -13.05 PEG —
P/S 1.92 P/B -50.92 P/C —
EV/EBITDA -4.34 EV/Sales 1.85 Quick Ratio 1.19
Current Ratio 1.43 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.71 EPS next Y -0.55 EPS Growth —
Revenue Growth 32.60% Earnings 2026-03-11 ROA -39.11%
ROE -3.38% ROIC — Gross Margin 86.04%
Oper. Margin -33.19% Profit Margin -47.46% Shs Outstand 8.00M
Shs Float 5.04M Short Float 3.62% Short Ratio 2.90
Short Interest — 52W High 18.41 52W Low 4.16
Beta 0.51 Avg Volume 59.63K Volume 60.53K
Target Price $19.75 Recom None Prev Close $6.66
Price $7.18 Change 7.81%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.75
Mean price target
2. Current target
$7.18
Latest analyst target
3. DCF / Fair value
$-4.00
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.18
Low
$12.00
High
$25.00
Mean
$19.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-26 main HC Wainwright & Co. Buy → Buy $18
2025-03-13 main Ladenburg Thalmann Buy → Buy $26
2025-03-13 reit HC Wainwright & Co. Buy → Buy $25
2024-12-18 main HC Wainwright & Co. Buy → Buy $25
2024-03-14 reit HC Wainwright & Co. Buy → Buy $15
2024-01-22 main HC Wainwright & Co. Buy → Buy $15
2023-11-09 main HC Wainwright & Co. Buy → Buy $11
2023-08-10 reit HC Wainwright & Co. Buy → Buy $10
2023-05-04 main HC Wainwright & Co. — → Buy $10
2023-04-18 reit CG Capital — → Outperform $30
2023-04-18 main HC Wainwright & Co. — → Buy $8
2023-03-09 reit HC Wainwright & Co. — → Buy $7
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 46375 152201 — Stock Award(Grant) at price 0.00 - 7.47 per share. GOLDBERGER DANIEL S Chief Executive Officer — 2026-01-26 00:00:00 D
1 27889 — — Stock Award(Grant) at price 0.00 per share. LEV JOSHUA S. Chief Financial Officer — 2026-01-26 00:00:00 D
2 2500 12625 — Sale at price 5.05 per share. LEV JOSHUA S. Chief Financial Officer — 2025-12-04 00:00:00 D
3 1000 4840 — Purchase at price 4.84 per share. GOLDBERGER DANIEL S Chief Executive Officer — 2025-12-02 00:00:00 D
4 2166 13386 — Sale at price 6.18 per share. LEV JOSHUA S. Chief Financial Officer — 2025-11-12 00:00:00 D
5 30549 — — Stock Award(Grant) at price 0.00 per share. BONFIGLIOLI ELENA Director — 2025-09-10 00:00:00 D
6 19011 — — Stock Award(Grant) at price 0.00 per share. GANDOLFO JOHN P Director — 2025-09-02 00:00:00 D
7 19011 — — Stock Award(Grant) at price 0.00 per share. PATTON THOMAS M Director — 2025-09-02 00:00:00 D
8 26615 — — Stock Award(Grant) at price 0.00 per share. ERRICO THOMAS J. Director — 2025-09-02 00:00:00 D
9 19011 — — Stock Award(Grant) at price 0.00 per share. GOLDSTEIN JULIE ANN Director — 2025-09-02 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.0092.64K
TaxRateForCalcs0.010.010.020.05
NormalizedEBITDA-10.90M-18.24M-22.28M-21.63M
TotalUnusualItems0.001.97M
TotalUnusualItemsExcludingGoodwill0.001.97M
NetIncomeFromContinuingOperationNetMinorityInterest-11.89M-18.83M-22.16M-17.22M
ReconciledDepreciation1.26M1.02M596.00K382.00K
ReconciledCostOfRevenue3.79M2.80M1.62M1.39M
EBITDA-10.90M-18.24M-22.28M-19.66M
EBIT-12.16M-19.27M-22.87M-20.04M
NetInterestIncome572.00K433.00K287.00K11.00K
InterestIncome572.00K433.00K287.00K11.00K
NormalizedIncome-11.89M-18.83M-22.16M-19.10M
NetIncomeFromContinuingAndDiscontinuedOperation-11.89M-18.83M-22.16M-17.22M
TotalExpenses37.34M35.30M31.47M25.49M
TotalOperatingIncomeAsReported-12.16M-19.27M-22.87M-20.04M
DilutedAverageShares7.48M5.51M4.73M3.95M
BasicAverageShares7.48M5.51M4.73M3.95M
DilutedEPS-1.59-3.42-4.69-4.35
BasicEPS-1.59-3.42-4.69-4.35
DilutedNIAvailtoComStockholders-11.89M-18.83M-22.16M-17.22M
NetIncomeCommonStockholders-11.89M-18.83M-22.16M-17.22M
NetIncome-11.89M-18.83M-22.16M-17.22M
NetIncomeIncludingNoncontrollingInterests-11.89M-18.83M-22.16M-17.22M
NetIncomeContinuousOperations-11.89M-18.83M-22.16M-17.22M
TaxProvision-93.00K-186.00K-431.00K-851.00K
PretaxIncome-11.98M-19.02M-22.59M-18.07M
OtherIncomeExpense-389.00K-184.00K-6.00K1.96M
OtherNonOperatingIncomeExpenses-389.00K-184.00K-6.00K-8.00K
SpecialIncomeCharges0.001.97M
GainOnSaleOfBusiness0.00549.00K
OtherSpecialCharges-1.42M
RestructuringAndMergernAcquisition0.00
EarningsFromEquityInterest549.25K
NetNonOperatingInterestIncomeExpense572.00K433.00K287.00K11.00K
InterestIncomeNonOperating572.00K433.00K287.00K11.00K
OperatingIncome-12.16M-19.27M-22.87M-20.04M
OperatingExpense33.56M32.49M29.85M24.11M
ResearchAndDevelopment2.36M5.32M5.52M2.54M
SellingGeneralAndAdministration31.20M27.17M24.33M21.57M
GrossProfit21.40M13.23M6.98M4.07M
CostOfRevenue3.79M2.80M1.62M1.39M
TotalRevenue25.18M16.03M8.59M5.45M
OperatingRevenue25.18M16.03M8.59M5.45M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber6.65M6.00M4.74M4.71M
ShareIssued6.65M6.00M4.74M4.71M
TotalDebt4.14M626.00K699.00K761.00K
TangibleBookValue7.54M7.44M17.09M36.65M
InvestedCapital7.54M7.44M17.09M36.65M
WorkingCapital7.15M6.17M14.13M32.06M
NetTangibleAssets7.54M7.44M17.09M36.65M
CapitalLeaseObligations4.14M626.00K699.00K761.00K
CommonStockEquity7.54M7.44M17.09M36.65M
TotalCapitalization7.54M7.44M17.09M36.65M
TotalEquityGrossMinorityInterest7.54M7.44M17.09M36.65M
MinorityInterest0.00
StockholdersEquity7.54M7.44M17.09M36.65M
GainsLossesNotAffectingRetainedEarnings114.00K-64.00K-69.00K13.00K
OtherEquityAdjustments114.00K-64.00K-69.00K13.00K
RetainedEarnings-177.09M-165.20M-146.37M-124.21M
AdditionalPaidInCapital184.51M172.70M163.52M160.84M
CapitalStock7.00K6.00K5.00K5.00K
CommonStock7.00K6.00K5.00K5.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest12.93M8.66M7.67M6.18M
TotalNonCurrentLiabilitiesNetMinorityInterest3.77M537.00K625.00K700.00K
LongTermDebtAndCapitalLeaseObligation3.77M537.00K625.00K700.00K
LongTermCapitalLeaseObligation3.77M537.00K625.00K700.00K
CurrentLiabilities9.15M8.12M7.04M5.49M
OtherCurrentLiabilities216.00K149.00K192.00K347.00K
CurrentDeferredLiabilities78.00K245.00K152.00K0.00
CurrentDeferredRevenue78.00K245.00K152.00K0.00
CurrentDebtAndCapitalLeaseObligation361.00K89.00K74.00K61.00K
CurrentCapitalLeaseObligation361.00K89.00K74.00K61.00K
PensionandOtherPostRetirementBenefitPlansCurrent3.67M2.98M2.58M2.91M
PayablesAndAccruedExpenses4.83M4.66M4.05M2.17M
CurrentAccruedExpenses2.62M2.23M1.79M967.00K
Payables2.21M2.44M2.26M1.20M
TotalTaxPayable382.00K272.00K133.00K263.00K
AccountsPayable1.83M2.16M2.13M938.00K
TotalAssets20.47M16.10M24.76M42.83M
TotalNonCurrentAssets4.17M1.81M3.58M5.29M
OtherNonCurrentAssets274.00K1.10M2.97M4.53M
NetPPE3.90M706.00K615.00K760.00K
GrossPPE3.90M706.00K615.00K760.00K
OtherProperties3.90M706.00K615.00K760.00K
CurrentAssets16.30M14.29M21.17M37.54M
OtherCurrentAssets1.04M836.00K834.00K1.05M
RestrictedCash250.00K250.00K250.00K0.00
PrepaidAssets1.05M
Inventory1.68M2.16M1.98M1.36M
InventoriesAdjustmentsAllowances-607.00K-2.19M-3.94M
FinishedGoods560.00K397.00K353.00K461.00K
WorkInProcess193.00K1.54M779.00K4.07M
RawMaterials923.00K832.00K844.00K769.00K
Receivables1.37M717.00K401.00K438.00K
AccountsReceivable1.37M717.00K401.00K438.00K
CashCashEquivalentsAndShortTermInvestments11.97M10.33M17.71M34.69M
OtherShortTermInvestments8.52M0.000.00
CashAndCashEquivalents3.45M10.33M17.71M34.69M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-6.95M-14.87M-16.64M-13.63M
IssuanceOfDebt0.00
IssuanceOfCapitalStock8.30M8.14M0.0025.68M
CapitalExpenditure-206.00K
InterestPaidSupplementalData13.00K13.00K6.00K10.00K
IncomeTaxPaidSupplementalData0.0039.00K
EndCashPosition3.70M10.58M17.96M34.69M
BeginningCashPosition10.58M17.96M34.69M4.24M
EffectOfExchangeRateChanges147.00K6.00K-82.00K175.00K
ChangesInCash-7.03M-7.39M-16.64M30.27M
FinancingCashFlow8.44M7.49M0.0025.68M
CashFlowFromContinuingFinancingActivities8.44M7.49M0.0025.68M
NetOtherFinancingCharges-232.00K-657.00K
InterestPaidCFF-657.00K0.00
ProceedsFromStockOptionExercised371.00K0.00
CashDividendsPaid0.000.00
NetCommonStockIssuance8.30M8.14M0.0025.68M
CommonStockIssuance8.30M8.14M0.0025.68M
NetIssuancePaymentsOfDebt0.00
NetLongTermDebtIssuance0.00
LongTermDebtIssuance0.00
InvestingCashFlow-8.52M-206.00K0.0018.22M
CashFlowFromContinuingInvestingActivities-8.52M-206.00K0.0018.22M
NetInvestmentPurchaseAndSale-8.52M0.000.0018.22M
SaleOfInvestment0.0023.30M
PurchaseOfInvestment-8.52M0.000.00-5.08M
NetPPEPurchaseAndSale0.00-206.00K0.00
PurchaseOfPPE0.00-206.00K0.00
OperatingCashFlow-6.95M-14.67M-16.64M-13.63M
CashFlowFromContinuingOperatingActivities-6.95M-14.67M-16.64M-13.63M
ChangeInWorkingCapital1.76M815.00K2.04M1.63M
ChangeInOtherCurrentLiabilities-225.00K-73.00K-62.00K20.00K
ChangeInOtherCurrentAssets0.00-151.00K
ChangeInPayablesAndAccruedExpense1.88M1.06M1.55M889.00K
ChangeInAccruedExpense831.00K1.03M356.00K425.00K
ChangeInPayable1.05M35.00K1.19M464.00K
ChangeInAccountPayable1.05M35.00K1.19M464.00K
ChangeInPrepaidAssets102.00K-8.00K225.00K716.00K
ChangeInInventory713.00K96.00K296.00K371.00K
ChangeInReceivables-710.00K-262.00K37.00K-217.00K
ChangesInAccountReceivables-710.00K-262.00K37.00K-217.00K
OtherNonCashItems48.00K-11.00K
StockBasedCompensation1.87M1.70M2.68M3.30M
ProvisionandWriteOffofAssets51.00K628.00K196.00K119.00K
AssetImpairmentCharge0.00
AmortizationOfSecurities0.00142.00K
DepreciationAmortizationDepletion1.26M1.02M596.00K382.00K
DepreciationAndAmortization1.26M1.02M596.00K382.00K
Depreciation1.26M1.02M596.00K
OperatingGainsLosses-1.97M
GainLossOnSaleOfBusiness0.00-549.00K
NetIncomeFromContinuingOperations-11.89M-18.83M-22.16M-17.22M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ECOR
Date User Asset Broker Type Position Size Entry Price Patterns