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Baird Medical Investment Holdings (BDMD) AI Stock Analysis
Baird Medical Investment Holdings
(NASDAQ:BDMD)
BDMD scores low primarily due to deteriorating financial performance (sharp revenue decline, swing to losses) and persistently negative operating/free cash flow. Technicals further pressure the score, with the price far below key moving averages and very bearish momentum indicators. Valuation provides limited support because the company is loss-making (negative P/E) and no dividend yield is available.
Baird Medical Investment Holdings (BDMD) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $5.06M
- Dividend Yield
- ―
- Average Volume (3M)
- 8.98M
- Price to Earnings (P/E)
- -0.3
- Beta (1Y)
- -0.48
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- US
- Employees
- 146
- Sector
- Healthcare
- Sector Strength
- 51
- Industry
- Medical - Devices
Baird Medical Investment Holdings Business Overview & Revenue Model
Company Description
Based in China, Baird Medical Investment Holdings Limited and its associated entities specialize in engineering and commercializing microwave ablation medical apparatus. These sophisticated instruments are employed in the minimally invasive managemen...
Baird Medical Investment Holdings Financial Statement Overview
Summary
Financial performance is weak: 2025 saw a sharp revenue decline (~29% YoY) and a swing from profitability to deep operating losses and a net loss. Cash generation is a major issue with negative operating cash flow in recent years and negative free cash flow across 2022–2025, increasing reliance on external funding. The balance sheet is somewhat supportive with manageable leverage (~0.62x debt/equity), but deteriorating equity and negative ROE add risk if losses persist.
Income Statement
34NegativeBalance Sheet
56NeutralCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.49M | 22.54M | 37.04M | 31.46M | 35.09M | 27.72M |
| Gross Profit | 20.97M | 18.88M | 32.65M | 27.23M | 28.04M | 23.18M |
| EBITDA | -13.02M | -24.53M | 16.17M | 13.24M | 16.29M | 14.16M |
| Net Income | -15.95M | -27.28M | 12.45M | 10.55M | 12.57M | 11.68M |
Balance Sheet | ||||||
| Total Assets | 73.85M | 69.70M | 77.96M | 56.71M | 42.62M | 26.12M |
| Cash, Cash Equivalents and Short-Term Investments | 289.08K | 178.32K | 2.97M | 1.63M | 1.91M | 3.44M |
| Total Debt | 14.22M | 19.30M | 20.88M | 9.90M | 7.44M | 2.93M |
| Total Liabilities | 39.22M | 38.48M | 38.20M | 21.00M | 16.84M | 10.26M |
| Stockholders Equity | 34.77M | 31.37M | 39.66M | 35.75M | 25.93M | 5.20M |
Cash Flow | ||||||
| Free Cash Flow | 4.31M | -1.39M | -9.17M | -3.66M | -5.47M | 3.87M |
| Operating Cash Flow | 4.31M | -1.34M | -6.31M | -1.02M | 485.97K | 5.26M |
| Investing Cash Flow | 2,295 | -42.31K | -2.85M | -2.64M | -5.92M | -1.39M |
| Financing Cash Flow | -6.44M | -1.39M | 10.72M | 3.46M | 4.41M | -1.93M |
Baird Medical Investment Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDMD, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.73, and below the 200-day MA of 1.32, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 20.80 is Positive, neither overbought nor oversold. The STOCH value of 14.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BDMD.
Baird Medical Investment Holdings Risk Analysis
Baird Medical Investment Holdings disclosed 83 risk factors in its most recent earnings report. Baird Medical Investment Holdings reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskBaird Medical Investment Holdings Peers Comparison
Overall Rating
VANI51Neutral
APYX48Neutral
XTNT46Neutral- BDMD41Neutral
ICCM34Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 51Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% |
| VANI | 51Neutral | $96.52M | -2.97 | -191.05% | ― | ― | 19.38% |
| APYX | 48Neutral | $109.10M | -15.48 | -70.78% | ― | 24.35% | 47.04% |
| XTNT | 46Neutral | $41.53M | -3.65 | -23.45% | ― | -14.27% | -132.84% |
| BDMD | 41Neutral | $3.49M | -0.29 | -48.23% | ― | ― | ― |
| ICCM | 34Underperform | $2.71M | -0.10 | -174.26% | ― | 41.62% | 20.47% |
* Healthcare Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| BDMD | Baird Medical Investment Holdings Ltd | 0.16 | -0.91 | -85.33% | |
| APYX | Apyx Medical | 3.06 | -0.81 | -20.93% | |
| VANI | Vivani Medical, Inc. | 1.04 | -0.48 | -31.58% | |
| XTNT | Xtant Medical Holdings Inc | 0.30 | -0.45 | -60.11% | |
| ICCM | Icecure Medical Ltd. | 0.69 | -19.98 | -96.67% |
Baird Medical Investment Holdings Corporate Events
Baird Medical Reports Nasdaq Minimum Bid Price Deficiency
Baird Medical Investment Holdings develops minimally invasive ablation technologies for solid tumors, with a primary focus on microwave ablation treatment for benign thyroid nodules in the U.S. and an expanding global commercial presence. Its portfol...
Baird Medical Secures Senior Convertible Note Financing Backed by U.S. Assets
On September 24, 2026, Baird Medical Investment Holdings entered into a Securities Purchase Agreement with an institutional investor for a senior 8% original issue discount convertible promissory note with a principal amount of about $4.35 million, r...
Baird Medical Reports Interim H1 2026 Results and Strengthens U.S. Filings
On September 30, 2026, Baird Medical Investment Holdings furnished a Form 6-K to the U.S. Securities and Exchange Commission, providing unaudited interim condensed consolidated financial statements and management’s discussion and analysis for t...
Baird Medical Swings to Profit on 25% Revenue Surge in First Half of 2026
On September 3, 2026, Baird Medical reported preliminary unaudited financial results for the six months ended June 30, 2026, showing that revenue rose 24.6% year over year to about $9.9 million, driven largely by sales growth outside the PRC, particu...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 06, 2026