Q3 EPS Estimates for electroCore Raised by Analyst

electroCore, Inc. (NASDAQ:ECOR) – Research analysts at Brookline Capital Markets boosted their Q3 2026 earnings estimates for shares of electroCore in a note issued to investors on Friday, August 7th. Brookline Capital Markets analyst F. Ahmed now anticipates that the company will post earnings of ($0.27) per share for the quarter, up from their previous estimate of ($0.28). The consensus estimate for electroCore’s current full-year earnings is ($1.48) per share. Brookline Capital Markets also issued estimates for electroCore’s Q4 2026 earnings at ($0.22) EPS and FY2026 earnings at ($1.39) EPS.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of electroCore in a report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $18.00.

electroCore Price Performance

Shares of NASDAQ ECOR opened at $8.96 on Tuesday. The company has a market capitalization of $80.82 million, a price-to-earnings ratio of -5.40 and a beta of 0.93. The business has a 50-day moving average of $7.67 and a two-hundred day moving average of $7.01. electroCore has a 1 year low of $4.16 and a 1 year high of $10.49.

electroCore (NASDAQ:ECOR) last posted its earnings results on Thursday, August 6th. The company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.42) by $0.09. electroCore had a negative return on equity of 1,956.38% and a negative net margin of 39.96%.The firm had revenue of $9.45 million for the quarter, compared to analyst estimates of $9.49 million.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Two Sigma Investments LP increased its position in electroCore by 20.8% during the third quarter. Two Sigma Investments LP now owns 24,603 shares of the company’s stock worth $122,000 after buying an additional 4,231 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of electroCore in the first quarter valued at approximately $153,000. WealthShield Partners LLC purchased a new position in shares of electroCore during the first quarter worth approximately $157,000. Jane Street Group LLC increased its holdings in shares of electroCore by 114.4% in the 1st quarter. Jane Street Group LLC now owns 36,726 shares of the company’s stock valued at $246,000 after acquiring an additional 19,599 shares during the period. Finally, DRW Securities LLC acquired a new position in shares of electroCore in the 4th quarter valued at $264,000. Hedge funds and other institutional investors own 26.74% of the company’s stock.

Insider Buying and Selling at electroCore

In other news, Director Thomas J. Errico bought 9,992 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were acquired at an average price of $5.99 per share, for a total transaction of $59,852.08. Following the completion of the transaction, the director owned 360,071 shares of the company’s stock, valued at approximately $2,156,825.29. This trade represents a 2.85% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Joshua S. Lev sold 6,667 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $9.00, for a total value of $60,003.00. Following the completion of the sale, the chief financial officer directly owned 84,889 shares of the company’s stock, valued at $764,001. The trade was a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 7.80% of the company’s stock.

electroCore News Roundup

Here are the key news stories impacting electroCore this week:

• Positive Sentiment: HC Wainwright raised its fiscal 2026 EPS forecast to -$1.34 from -$1.49, while Brookline Capital Markets increased its estimate to -$1.39 from -$1.43. Both firms also made slightly less pessimistic forecasts for third-quarter 2026 earnings.
• Positive Sentiment: HC Wainwright improved its estimates for the first and second quarters of 2027, forecasting losses of $0.22 and $0.30 per share, respectively, compared with prior estimates of $0.37 per share losses for both periods.
• Neutral Sentiment: Despite the upward revisions, analysts still expect substantial losses: HC Wainwright projects fiscal 2027 EPS of -$0.81, versus the current-year consensus estimate of -$1.48. The firm’s longer-range forecasts anticipate a return to profitability in 2029, followed by $0.65 EPS in 2030.
• Negative Sentiment: HC Wainwright cut its fiscal 2027 EPS forecast to -$0.81 from -$0.67 and reduced its fiscal 2028 estimate to -$0.39 from -$0.13, extending the expected period of losses.
• Negative Sentiment: Long-term estimates were sharply lowered: fiscal 2029 EPS was reduced to $0.15 from $0.36, and fiscal 2030 EPS to $0.65 from $0.90. HC Wainwright also lowered its fourth-quarter 2026 and third-quarter 2027 forecasts.

electroCore Company Profile

electroCore, Inc is a commercial-stage bioelectronic medicine company headquartered in Rockaway, New Jersey. The company specializes in the development and commercialization of non-invasive vagus nerve stimulation (nVNS) therapies designed to address a variety of neurological and inflammatory conditions. Established in 2006, electroCore has focused its efforts on translating neuromodulation science into a compact, patient-administered treatment device.

The company’s lead product, gammaCore®, is a handheld, battery-powered device that delivers nVNS through the skin to the cervical branch of the vagus nerve.