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CVRx Inc

CVRx, Inc. is a commercial-stage medical device company that develops, manufactures, and commercializes neuromodulation solutions for patients with cardiovascular diseases. It operates in the United States, Germany, and internationally. Its product, Barostim, is an implantable device that delivers electrical pulses to baroreceptors in the carotid artery wall to counteract decreased baroreceptor signaling, providing baroreflex activation therapy that links the cardiovascular system to the autonomic nervous system. Products are sold through a direct sales force, sales agents, and independent distributors. The company was incorporated in 2000 and is headquartered in Minneapolis, Minnesota.

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United States
Aging Population▲

CVRx Secures Devoted Health Coverage for Barostim Therapy

CVRx announced that Devoted Health has issued a Medicare Advantage coverage policy for its Barostim therapy, effective July 17, 2026, covering patients under the current FDA-approved indication and those in the BENEFIT-HF clinical trial. This expands reimbursement access across Devoted Health's roughly 466,000 Medicare Advantage members in 29 states. Combined with Humana's earlier coverage, CVRx now has Medicare Advantage coverage representing about 21% of total enrollment, strengthening its commercial outlook. Shares have traded flat following the news, with the stock down 57.2% year to date versus the industry's 6.7% decline. The company also reported second-quarter 2026 revenues of $15.7 million, up 16% year over year, and expanded its U.S. active implanting centers to 258.
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Aging Population › Medical Devices for the Aging Body ▲Demand
CVRX · Regulation · Positive Devoted Health issued a Medicare Advantage coverage policy for CVRx's Barostim therapy, expanding reimbursement access to ~466,000 members across 29 states.
CVRX · Demand · Positive Q2 2026 revenues rose 16% YoY to $15.7M and U.S. active implanting centers expanded to 258, indicating growing adoption.
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Zacks Investment Research·37dRead more →
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CVRX▼3

CVRx cuts full-year revenue outlook as sales force productivity lags

CVRx reported second-quarter 2026 revenue of $15.7 million, a 16% increase from the prior year, but lowered its full-year revenue guidance to between $58.0 million and $60.0 million. U.S. revenue rose 21% to $14.8 million, driven by growth in heart failure implants and expansion to 258 active implanting centers, while European revenue fell 31% to $0.9 million. The company cited fewer sales territories than anticipated, lower sales force productivity, and a prolonged challenge with one of its largest payers as reasons for the reduced outlook. Gross margin improved to 87%, and net loss narrowed to $14.0 million, or $0.53 per share. Humana issued a Medicare Advantage coverage policy for Barostim therapy effective May 1, 2026, marking the first coverage policy of its kind for the device.
CVRX · Demand · Negative Cuts full-year revenue outlook due to lower sales force productivity and fewer territories, despite Q2 growth.
HUM · Regulation · Positive Humana issued a Medicare Advantage coverage policy for Barostim therapy, a positive regulatory development.
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CVRX▲

CVRx shares surge 11.6% on strong Q1 results

CVRx shares rallied 11.6% in the last trading session to close at $5.86, driven by higher-than-usual trading volume. The jump came after the medical device company reported first-quarter 2026 results that beat expectations, with a loss per share of 50 cents and revenue of $14.8 million, both surpassing Zacks Consensus Estimates. For the upcoming quarter, analysts expect a loss of 52 cents per share and revenue of $15.64 million, representing a 15.1% year-over-year increase. Despite the strong price move, the consensus EPS estimate for the next quarter has remained unchanged over the last 30 days, and the stock currently carries a Zacks Rank of 3, or Hold.
CVRX · Capital · Positive Q1 results beat expectations, driving share price surge.
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