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Movano
(NASDAQ:MOVE)
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Rating:54Neutral
Price Target:
$15.00
▲(34.41% Upside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by weak financial fundamentals—large ongoing losses and negative operating/free cash flow—despite improved revenue scale and a stronger, low-leverage balance sheet. Technicals are relatively favorable with positive momentum, while valuation remains unattractive due to negative earnings and no dividend yield. Corporate events add a modest positive tilt via new funding and expansion plans, but execution risk remains meaningful.
Positive Factors
Revenue Expansion
The sharp increase in trailing revenue indicates improving commercialization and a larger operating base. If the company sustains this trajectory, greater scale can support investment in products, software, and infrastructure while improving its ability to absorb fixed costs over time.
Negative Factors
Persistent Unprofitability
Negative gross profit and substantial losses show that increased revenue has not yet translated into a sustainable business model. Continued losses could limit internal reinvestment, pressure capital allocation, and make future growth dependent on successfully improving unit economics and operating efficiency.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Expansion
The sharp increase in trailing revenue indicates improving commercialization and a larger operating base. If the company sustains this trajectory, greater scale can support investment in products, software, and infrastructure while improving its ability to absorb fixed costs over time.
Read all positive factors
Movano (MOVE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$407.52M
Dividend YieldN/A
Average Volume (3M)599.95K
Price to Earnings (P/E)―
Beta (1Y)1.76
Revenue Growth843.62%
EPS Growth21.98%
CountryUS
Employees38
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)N/A
Shares Outstanding27,647,305
10 Day Avg. Volume889,716
30 Day Avg. Volume599,946
Financial Highlights & Ratios
PEG Ratio1.00
Price to Book (P/B)-201.10
Price to Sales (P/S)1613.48
P/FCF Ratio-62.00
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue0.78
Enterprise Value/Gross Profit-1.17
Enterprise Value/Ebitda-0.15
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Movano Business Overview & Revenue Model
Company Description
Corvex, Inc., an AI cloud computing company, provides GPU-accelerated infrastructure for AI workloads to customers worldwide. The company provides graphics processing unit accelerated compute, confidential computing, token factory, and inference s...
How the Company Makes Money
Movano’s monetization is expected to come primarily from commercializing its device-and-software ecosystem. Potential revenue streams include: (1) sales of wearable hardware devices (one-time revenue per unit sold); (2) recurring software and serv...
Movano Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
27
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.43M | 433.00K | 1.01M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.96M | -1.84M | -1.99M | -158.00K | -134.00K | 0.00 |
| EBITDA | -23.05M | -15.17M | -23.56M | -29.13M | -30.20M | -20.82M |
| Net Income | -27.65M | -18.29M | -23.73M | -29.28M | -30.20M | -22.58M |
Balance Sheet | ||||||
| Total Assets | 599.32M | 5.60M | 11.32M | 9.42M | 13.24M | 36.27M |
| Cash, Cash Equivalents and Short-Term Investments | 21.70M | 2.83M | 7.90M | 6.12M | 10.76M | 33.60M |
| Total Debt | 14.96M | 4.90M | 186.00K | 217.00K | 426.00K | 0.00 |
| Total Liabilities | 26.07M | 9.07M | 3.96M | 5.97M | 5.33M | 3.54M |
| Stockholders Equity | 573.25M | -3.47M | 7.36M | 3.45M | 7.92M | 32.73M |
Cash Flow | ||||||
| Free Cash Flow | -19.91M | -11.27M | -22.54M | -26.24M | -25.01M | -16.75M |
| Operating Cash Flow | -13.43M | -11.27M | -22.53M | -26.18M | -24.90M | -16.18M |
| Investing Cash Flow | 29.79M | 0.00 | -8.00K | -64.00K | 15.72M | -16.70M |
| Financing Cash Flow | 3.23M | 6.19M | 24.32M | 21.60M | 2.26M | 44.85M |
Movano Technical Analysis
Positive
11.16
Price Trends
13.35
Positive
15.97
Negative
12.29
Positive
Market Momentum
0.21
Negative
63.42
Neutral
89.85
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MOVE, the sentiment is Positive. The current price of 11.16 is above the 20-day moving average (MA) of 11.08, below the 50-day MA of 13.35, and below the 200-day MA of 12.29, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 63.42 is Neutral, neither overbought nor oversold. The STOCH value of 89.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MOVE.
Movano Risk Analysis
Movano disclosed 89 risk factors in its most recent earnings report. Movano reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Movano Peers Comparison
UnderperformOutperform
Sector (61)
MOVE
Movano
14.74
8.45
134.27%
BBLG
Bone Biologics
0.57
-1.58
-73.58%
BJDX
Bluejay Diagnostics
0.83
-4.85
-85.35%
AMIX
Autonomix Medical, Inc.
4.59
-19.98
-81.32%
Movano Corporate Events
Financial DisclosuresM&A TransactionsStock Split
Corvex finalizes Movano merger and equity restructuring
Neutral
Sep 4, 2026
On March 19, 2026, Corvex, Inc., formerly Movano Inc., completed its merger with Corvex Legacy Holdings, Inc., making Corvex OpCo a wholly owned subsidiary and later adopting the Corvex name on March 23, 2026. The consideration, structured through...
Business Operations and StrategyPrivate Placements and Financing
Movano Raises Capital to Expand AI Data Centers
Positive
Sep 2, 2026
On August 31, 2026, Corvex announced a major expansion of its AI data‑center footprint, planning to lift critical IT power capacity from about 1.5 MW to roughly 8 MW by year‑end 2026 through doubling its Mid‑Atlantic facility and...
Business Operations and StrategyExecutive/Board ChangesM&A TransactionsShareholder Meetings
Movano Reshapes Capital Structure Through Preferred Stock Conversions
Positive
Jul 7, 2026
On March 19, 2026, Corvex, Inc. completed a merger in which Corvex Legacy Holdings, Inc. became a wholly owned subsidiary, and on July 1, 2026, the company appointed Corvex OpCo co-founder Seth Demsey as co-Chief Executive Officer alongside Jay Cr...
Regulatory Filings and ComplianceShareholder Meetings
Movano Adjourns 2026 Annual Meeting, Continues Proxy Solicitation
Neutral
Jun 26, 2026
On June 26, 2026, Corvex, Inc. opened its 2026 Annual Meeting of Stockholders as scheduled but adjourned it to July 1, 2026 at 3:00 p.m. Eastern Time for administrative reasons, despite preliminary results showing strong stockholder support for al...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.