Added to YB: 2024-10-17
Pitch date: 2024-10-17
ICAD [bullish]
iCAD, Inc.
-10.55%
current return
Author Info
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Company Info
iCAD, Inc. engages in the provision of cancer detection and therapy solutions in the United States. It operates through two segments, Detection and Therapy.
Market Cap
$41.6M
Pitch Price
$1.99
Price Target
9.75 (+448%)
Dividend
N/A
Sector
Health Care Technology
Category
growth
AI Radiology Company Transitioning to Cloud w/ Multibagger Potential ($ICAD)
ICAD: AI mammography leader at multi-decade lows. Transitioning to cloud SAAS model, potential $30M+ ARR from existing customers. Near breakeven, 85%+ margins. $20M net cash. 23% more cancers detected, 50% faster reads. Partnerships with Google, NVIDIA, GE. Risk: Hologic dominance. Catalyst: December radiology conference.
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