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Shockwave Medical Stock Price, News & Analysis

SWAV NASDAQ

Company Description

Overview

Shockwave Medical, Inc. is an innovative medical device company pioneering the interventional treatment of advanced cardiovascular disease. Employing breakthrough intravascular lithotripsy technology, the company addresses the persistent challenge of calcified plaque in atherosclerotic arteries. By integrating sonic pressure waves into its lithoplasty procedures, Shockwave Medical effectively disrupts rigid calcification while preserving the integrity of surrounding soft tissues, all with an easy-to-use push-button approach. This allows for gentle and effective balloon dilatation, thereby restoring blood flow in calcified, stenotic arteries.

Technology and Clinical Approach

The core of Shockwave Medical’s innovative approach lies in its lithoplasty catheter family. These devices harness sonic energy to selectively target and fracture calcified deposits, which is a critical advancement in the treatment of atherosclerotic cardiovascular disease. The technology’s design leverages decades of experience in areas such as kidney stone treatment, thereby translating proven safety and efficacy into the cardiovascular space. An integrated balloon catheter then allows for low-pressure dilatation of the targeted lesion, promoting a minimally invasive and patient-friendly intervention.

Market Position and Competitive Landscape

In a landscape where traditional treatments often struggle with heavily calcified lesions, Shockwave Medical has positioned itself at the forefront of interventional cardiology. The company’s lithoplasty procedures are supported by robust clinical evidence and are bolstered by the integration of devices such as the Shockwave Reducer, which is designed to alleviate symptoms in patients with refractory angina. This dual approach illustrates the company’s commitment to both disruption of calcified plaque and redistribution of blood flow, offering a comprehensive alternative to conventional revascularization techniques.

Clinical Evidence and Safety Profile

Shockwave Medical’s technologies have undergone rigorous clinical evaluation, demonstrating consistent procedural success with a favorable safety profile. Clinical studies have highlighted the efficacy of lithoplasty in safely modifying calcified lesions, while the Reducer technology has shown promising outcomes in reducing anginal symptoms in challenging patient cohorts. These outcomes are reinforced by data from multi-center observational studies and controlled clinical trials, supporting the company’s value proposition with solid clinical foundations.

Technology Integration and Ease of Use

The design philosophy underlying Shockwave Medical’s products emphasizes familiarity and simplicity. The procedures can be seamlessly integrated into existing cardiovascular treatment workflows, making the adoption process straightforward for clinicians. The platforms are engineered to operate at the push of a button, minimizing procedural complexity while maximizing therapeutic benefit. This user-centric design facilitates widespread adoption in clinical settings, reinforcing the technology’s effectiveness and reliability.

Significance in the Cardiovascular Device Sector

Shockwave Medical stands out in the cardiovascular device sector by addressing a long-standing clinical challenge—the treatment of calcified arterial lesions—with a unique, technology-driven approach. The company’s innovations not only improve patient outcomes by restoring blood flow but also offer a safe, effective alternative to traditional, high-pressure balloon dilatation and atherectomy methods. By continuing to build on a foundation of decades of technical expertise and clinical know-how, Shockwave Medical remains a significant player in the evolving field of cardiovascular therapeutics.

Stock Performance

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0.00%
0.00
Last updated:
-100 %
Performance 1 year
$12.6B
Market Cap
37.5M
Shares outstanding

SEC Filings

No SEC filings available for Shockwave Medical.

Financial Highlights

$218,805,000
Revenue (TTM)
$55,346,000
Net Income (TTM)
$1.44
Diluted EPS (TTM)
$35,840,000
Operating Cash Flow
25.29%
Net Profit Margin
19.38%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Shockwave Medical (SWAV)?

The current stock price of Shockwave Medical (SWAV) is $334.75 as of February 7, 2025.

What is the market cap of Shockwave Medical (SWAV)?

The market cap of Shockwave Medical (SWAV) is approximately 12.6B.

What is the revenue (TTM) of Shockwave Medical (SWAV) stock?

The trailing twelve months (TTM) revenue of Shockwave Medical (SWAV) is $218,805,000.

What is the net income of Shockwave Medical (SWAV)?

The trailing twelve months (TTM) net income of Shockwave Medical (SWAV) is $55,346,000.

What is the earnings per share (EPS) of Shockwave Medical (SWAV)?

The diluted earnings per share (EPS) of Shockwave Medical (SWAV) is $1.44 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Shockwave Medical (SWAV)?

The operating cash flow of Shockwave Medical (SWAV) is $35,840,000.

What is the profit margin of Shockwave Medical (SWAV)?

The net profit margin of Shockwave Medical (SWAV) is 25.29%.

What is the operating margin of Shockwave Medical (SWAV)?

The operating profit margin of Shockwave Medical (SWAV) is 19.38%.

What is the gross margin of Shockwave Medical (SWAV)?

The gross profit margin of Shockwave Medical (SWAV) is 87.11%.

What is the current ratio of Shockwave Medical (SWAV)?

The current ratio of Shockwave Medical (SWAV) is 13.81, indicating the company's ability to pay short-term obligations.

What is the gross profit of Shockwave Medical (SWAV)?

The gross profit of Shockwave Medical (SWAV) is $190,598,000 on a trailing twelve months (TTM) basis.

What is the operating income of Shockwave Medical (SWAV)?

The operating income of Shockwave Medical (SWAV) is $42,407,000.

What is the primary technology behind Shockwave Medical's products?

Shockwave Medical utilizes intravascular lithotripsy technology, which employs sonic pressure waves to fracture calcified plaque in arteries while preserving surrounding soft tissue.

How does the lithoplasty procedure work?

The lithoplasty procedure uses sonic energy to selectively disrupt hard, calcified deposits. An integrated balloon catheter is then used to gently dilate the treated area, improving blood flow.

What conditions are targeted by Shockwave Medical's devices?

The company's technologies primarily address atherosclerotic cardiovascular disease, specifically treating calcified, stenotic arteries and alleviating symptoms of refractory angina.

How is Shockwave Medical positioned within the competitive cardiovascular device market?

Shockwave Medical differentiates itself through its innovative approach and user-friendly technology that integrates seamlessly with existing treatment protocols, backed by robust clinical evidence.

What evidence supports the safety and efficacy of Shockwave Medical's products?

Clinical studies and multi-center trials have demonstrated the safety, procedural success, and consistent outcomes of the lithoplasty devices, along with favorable results from studies on their Reducer device.

How does the Shockwave Reducer complement its lithoplasty technology?

The Shockwave Reducer is designed to redistribute blood flow within the heart, providing symptomatic relief for patients with refractory angina who lack conventional revascularization options.

Are Shockwave Medical's procedures considered minimally invasive?

Yes, the procedures are minimally invasive, utilizing a push-button technology that integrates with traditional cardiovascular treatment methods, enhancing safety and usability.

What makes Shockwave Medical's treatment options unique in modern cardiovascular therapy?

Their unique approach of employing sonic pressure waves to precisely target calcified lesions—while sparing soft tissue—offers a significant advancement over conventional treatment modalities.