SANUWAVE Health, Inc. (SNWV)
NASDAQHealth CareMedical - DevicesSnapshot 2026-11-04
$5.85-1.35%
Close 2026-11-04 · 1-day change
NASDAQHealth CareMedical - DevicesSnapshot 2026-11-04
QuarterlyIQ Insights · SNWV
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -26.9% |
| Our one-year growth estimate | diamond | 38.7% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 65.5 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name is a smaller-cap name (higher miss base rate) and is on a run of consecutive earnings misses. A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 29 industry peers
SNWV — legal / regulatory event — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar…
Dated 2026-09-25
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On September 23, 202 6, Sanuwave Health, Inc., a Nevada corporation (the “Company”), received a letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, for the last 30 consecutive business days, the Company’s Market Value of Listed Securities (“MVLS”) was below $50,000,000, which is the minimum MVLS required for co…
Why it matters: CMS's final rate may affect wound care clinics and demand for new systems. The company plans to seek changes to the proposed rule.
Watch forCMS issues a final 2027 rule with a higher 97610 rate than its July proposal.
Also watch forCMS keeps or cuts the proposed 97610 rate in the final 2027 rule.
Why it matters: The company sold 82 systems in Q2, down from 116 a year earlier. A rebound would show less pressure from used units and clinic stress.
Supportive ifSanuwave reports more than 82 new Ultramist systems sold in Q3.
Worry ifSanuwave reports 82 or fewer new Ultramist systems sold in Q3.
Why it matters: Applicators made up about 75% of Q2 revenue. More growth could help offset weak sales of new systems.
Supportive ifQ3 Ultramist applicator revenue rises more than 13% year over year.
Worry ifQ3 Ultramist applicator revenue is flat or falls year over year.
Why it matters: Q2 revenue fell 3% from a year earlier, and management withdrew its 2026 forecast. A rebound would show the business is recovering.
Supportive ifQ3 revenue tops $9.7 million, the reported Q2 level.
Worry ifQ3 revenue is below $9.7 million and below the year-earlier quarter.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$266 on $10,000 · ±2.7% | How much price usually moves either way. |
| Bad day | $683 loss on $10,000 · 6.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,868 loss on $10,000 · 88.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Nasdaq said the company's listed value was below $50 million for 30 straight business days. The company needs to meet Nasdaq's rule to keep its listing.
Worry ifA Nasdaq filing says SNWV failed to regain the $50 million minimum in time. Nasdaq then starts delisting steps.
Less concerning ifA Nasdaq filing says SNWV regained the $50 million minimum or received more time to meet the rule.