Aclarion, Inc. (ACON) AI Stock Analysis
ACON AI stock analysis summary
AI ResearchAclarion, Inc. (ACON) is a healthcare technology company providing magnetic resonance spectroscopy software to assist clinicians in evaluating degenerative disc pain. For the trailing twelve months ending June 30, 2026, the company generated revenue of $83,769 while operating with an operating margin of -11503.2% and diluted EPS of -$7.38. The company held $16.3M in cash and short-term investments as of June 30, 2026, while recording negative free cash flow of -$7.2M in FY2025.
- Market cap
- $5.3M
- Revenue (TTM)
- $83,769
- P/E
- —
- 1Y return
- -78.7% S&P 500 16.8%
- Avg. target
- $7.62 312.2% vs last close
Bull case
- Revenue increased 65.6% year-over-year to $75,730 in FY2025, supported by 30.5% quarterly revenue growth in the latest quarter.
- Aclarion closed the quarter ending June 30, 2026, with $16.3M in cash and short-term investments and a current ratio of 16.20.
- The sole analyst tracking the stock has set a mean price target of $7.62, indicating 312.2% upside from the close of $1.85.
Bear case
- Aclarion generated a net loss of -$7.2M and negative free cash flow of -$7.2M during FY2025.
- Gross margin deteriorated to -291.3% in FY2025, accompanied by an operating margin of -9312.5%.
- The stock declined 78.7% over the past year, reaching its 52-week low of $1.85 on October 16, 2026.
What Aclarion does
Aclarion, Inc. is a healthcare technology company based in San Mateo, California, specializing in the development of advanced software applications for magnetic resonance spectroscopy (MRS). The company's flagship product, the NOCISCAN-LS Post-Processor suite, includes NOCICALC-LS, which processes disc MRS data to calculate levels of degenerative pain biomarkers. Additionally, Aclarion offers NOCIGRAM-LS, a clinical decision support software designed to aid healthcare professionals in interpreting MRS results and making informed treatment decisions. Formerly known as Nocimed, Inc., the company rebranded in December 2021 to expand its focus on medical diagnostics and pain management in degenerative disc disease.
Growth and profitability
Aclarion reported revenue of $75,730 in FY2025, an increase of 65.6% from $45,724 in FY2024, after previously generating $75,404 in FY2023. Between FY2020 and FY2025, revenue expanded at a five-year CAGR of 9.3%. Profit margins remained negative, with gross margin dropping to -291.3% in FY2025 from -183.8% in FY2024, and operating margin recorded at -9312.5%. Net income in FY2025 was -$7.2M, representing an EPS of -$19.52. For the trailing twelve months ending June 30, 2026, revenue totaled $83,769, with quarterly revenue growth rising 30.5% year-over-year and operating margin reaching -11503.2%.
Balance sheet and cash flow
As of June 30, 2026, Aclarion held $16.3M in cash and short-term investments, supporting total assets of $18.0M and shareholders' equity of $17.0M. The company reported a current ratio of 16.20. For FY2025, operating cash flow was -$7.2M and free cash flow was -$7.2M. Cash utilization during FY2025 included capital expenditures of $21,526, share buybacks of $1.2M, and dividends paid of $5.42B.
Valuation and performance
Aclarion carries a market capitalization of $5.3M and an enterprise value of -$8.7M. The stock trades at a price-to-sales multiple of 63.7x and an EV to revenue multiple of 79.6x, compared to a median price-to-sales ratio of 4.1x for its US-listed Healthcare peers. Its price-to-book multiple is 0.4x. Shares closed at $1.85 on October 16, 2026, down 78.7% over the trailing 12 months, trailing the S&P 500 (SPY) return of 16.8%.
What analysts expect
Wall Street coverage consists of 1 Strong Buy rating, 0 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The mean price target is $7.62, representing a 312.2% premium over the last close of $1.85. For the fiscal year ending December 31, 2026, the consensus estimate projects revenue of $109,470 and an EPS of -$4.51. For the following fiscal year, 1 analyst projects revenue of $245,180 and an EPS of -$5.47. Aclarion has beaten EPS estimates in 1 of the last 4 quarters, with its next earnings date scheduled for November 11, 2026.
Key risks and what to watch
- Annual free cash flow burn of -$7.2M in FY2025 poses a risk to preserving the company's $16.3M cash reserve.
- The trailing twelve months operating margin of -11503.2% highlights substantial operational costs relative to current revenue of $83,769.
- A stock beta of 1.21 and a price 38.6% below the 200-day moving average reflect elevated share price volatility.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this ACON AI stock analysis
This page is an AI-written research summary of Aclarion, Inc. (ACON). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: ACON income statement, ACON balance sheet, ACON key metrics, ACON analyst forecast, ACON chart. See the ACON stock overview for the latest quote and news.
ACON AI stock analysis FAQ
What was Aclarion's revenue for FY2025?
Aclarion reported revenue of $75,730 in FY2025, representing a 65.6% increase from $45,724 in FY2024.
What is Aclarion's cash position?
As of June 30, 2026, Aclarion held $16.3M in cash and short-term investments with a current ratio of 16.20.
What is the analyst price target for ACON stock?
The mean analyst price target is $7.62, which is 312.2% above the closing price of $1.85 on October 16, 2026.
When is Aclarion's next earnings report date?
Aclarion is scheduled to report its next financial results on November 11, 2026.