Q1 Earnings Estimate for electroCore Issued By HC Wainwright

electroCore, Inc. (NASDAQ:ECOR) – Research analysts at HC Wainwright reduced their Q1 2025 earnings estimates for shares of electroCore in a research note issued to investors on Thursday, March 13th. HC Wainwright analyst S. Ramakanth now expects that the company will earn ($0.59) per share for the quarter, down from their previous forecast of ($0.26). HC Wainwright has a “Buy” rating and a $25.00 price target on the stock. The consensus estimate for electroCore’s current full-year earnings is ($1.49) per share. HC Wainwright also issued estimates for electroCore’s Q2 2025 earnings at ($0.45) EPS, Q3 2025 earnings at ($0.36) EPS, Q4 2025 earnings at ($0.29) EPS, FY2025 earnings at ($1.70) EPS, FY2026 earnings at $0.45 EPS and FY2027 earnings at $1.33 EPS.

Separately, LADENBURG THALM/SH SH dropped their price objective on shares of electroCore from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th.

electroCore Stock Performance

Shares of ECOR opened at $8.38 on Monday. The stock has a market capitalization of $55.78 million, a P/E ratio of -4.58 and a beta of 0.24. The company’s fifty day moving average is $15.47 and its two-hundred day moving average is $12.38. electroCore has a 1 year low of $5.32 and a 1 year high of $19.49.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in electroCore by 10.3% in the 3rd quarter. Geode Capital Management LLC now owns 63,485 shares of the company’s stock valued at $458,000 after purchasing an additional 5,951 shares in the last quarter. HighTower Advisors LLC purchased a new position in electroCore in the 3rd quarter valued at about $255,000. Jane Street Group LLC purchased a new position in shares of electroCore during the 4th quarter worth about $278,000. JPMorgan Chase & Co. lifted its holdings in shares of electroCore by 31,250.0% during the 4th quarter. JPMorgan Chase & Co. now owns 3,762 shares of the company’s stock worth $61,000 after acquiring an additional 3,750 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of electroCore during the 4th quarter worth about $438,000. 26.74% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at electroCore

In other electroCore news, Director Thomas J. Errico acquired 6,000 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were purchased at an average cost of $8.10 per share, with a total value of $48,600.00. Following the purchase, the director now owns 256,401 shares in the company, valued at approximately $2,076,848.10. The trade was a 2.40 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 19.70% of the stock is owned by corporate insiders.

About electroCore

electroCore, Inc, a commercial stage bioelectronic medicine and wellness company, provides non-invasive vagus nerve stimulation technology platform in the United States, the United Kingdom, and internationally. The company is developing gammaCore, a prescription only handheld device intended for regular or intermittent use for the acute treatment of pain associated with migraine and episodic cluster headache, as well as for the treatment of hemicrania continua and paroxysmal hemicrania.