MOVEMovano Inc. shows potential in the wearable health tech sector with its Evie Ring, but faces significant financial challenges and a highly competitive market. The company's stock is currently experiencing extreme volatility and a strong downward trend. Investors should approach with caution, prioritizing further fundamental improvements and a clear path to profitability.
Movano operates in the growing wearable health technology market, focusing on women's health. The increasing demand for personalized health monitoring and preventative care provides a positive thematic backdrop. However, the company is still in its early stages, and market adoption and differentiation are key challenges.
Movano Inc. exhibits significant financial weaknesses. The company has a negative net income, minimal revenue, and is burning through cash rapidly. While it has some cash reserves, the current financial position is precarious, with a very high cash burn rate relative to its market capitalization.
The stock is in a severe downtrend across multiple timeframes. Technical indicators suggest significant weakness, with strong selling pressure indicated by moving averages and oscillators. The recent price action shows a substantial post-market drop, reinforcing the bearish sentiment.
| Factor | Score |
|---|---|
| Wearable Health Technology Growth | 85 |
| Women's Health Focus | 80 |
| Competition Intensity | 50 |
| Technological Innovation | 70 |
| Regulatory Landscape | 65 |
| Factor | Score |
|---|---|
| Valuation | 10 |
| Profitability | 5 |
| Growth | 15 |
| Balance Sheet Health | 40 |
| Cash Flow | 10 |
| Debt Level | 70 |
| Factor | Score |
|---|---|
| Trend Analysis | 10 |
| Momentum | 40 |
| Volume Confirmation | 20 |
| Support & Resistance | 30 |
| Short-term Technicals | 35 |
Strong Cash Position
As of Q4 2024, the company holds $7.902 million in cash equivalents, providing a buffer for operations and potential investments.
Positive Equity
The company has a total equity of $7.355 million, indicating positive net worth.
Negative Price-to-Earnings (P/E) Ratio
The trailing P/E ratio is -0.5 (TTM) and the P/E for 2024 is -1.6, indicating the company is not currently profitable on a per-share basis.
High Price-to-Sales (P/S) Ratio
The TTM P/S ratio is 33.7 and for 2024 it is 37.5, which is significantly high and suggests the stock may be overvalued relative to its revenue.
July 2025
23
Next Earnings Date
H: $-0.70
A: $-0.70
L: $-0.70
H: 3.88M
A: 3.88M
L: 3.88M
Movano Inc., a technology company, engages in the development of a platform to deliver healthcare solutions at the intersection of medical and consumer devices. It offers Evie Ring, a wearable device for women that combines health and wellness metrics comprising resting heart rate, heart rate variability (HRV), blood oxygen saturation (SpO2), respiration rate, skin temperature variability, period and ovulation tracking, and menstrual symptom tracking, as well as activity profile, including steps, active minutes and calories burned, sleep stages and duration, and mood tracking. The company develops System-on-a-Chip (SoC) for blood pressure or continuous glucose monitoring (CGM) systems. It sells its products through its website, retail or other distribution channels, value-added resellers (VARs), as well as partnering with OEMs. The company was formerly known as Maestro Sensors Inc. and changed its name to Movano Inc. in August 2018. Movano Inc. was incorporated in 2018 and is headquartered in Pleasanton, California.
30.00 USD
The 39 analysts offering 1 year price forecasts for MOVE have a max estimate of 30.00 and a min estimate of 30.00.