B+
Bull case
20%
Probability
Target price
$36.00
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
HSTM
HealthStreamBNasdaq / Health Care Equipment & Services
Last Price
Quote time unavailable
Current thesis
Record Q2 revenue, double-digit subscription growth, stronger operating income, and raised revenue and adjusted EBITDA guidance support a constructive operating trajectory. The company also reported $66.7 million of cash, marketable securities, and no borrowed-money debt.
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +10.1.
What can break
Higher personnel, software, commissions, marketing, cloud hosting, royalties, and acquisition-related amortization costs could limit operating leverage.
Momentum
52
Value
63
Sentiment
66
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $30.00 · Bull $36.00 · Bear $23.50Analysis 2026-08-08; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $34.50
Why
Momentum52 · Δ7d -1.5
Value63 · Δ7d -0.0
Sentiment66 · Δ7d +10.1
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta +10.1.
Contradictions & invalidation
- • Higher personnel, software, commissions, marketing, cloud hosting, royalties, and acquisition-related amortization costs could limit operating leverage.
- • Management guidance assumes continued new sales and renewals and no deterioration in general economic conditions.
- • The quarter benefited from acquisition contribution and a $2.0 million cumulative catch-up, while net income guidance declined and operating expenses increased.
Catalyst clock
2026-08-03
Q2 results and guidance update
Lead driver: Sentiment · See AI snapshot
Momentum
52
9% active weight
Current posture
7d trendFlat
Δ7d
-1.5
Δ21d
-3.9
Value
63
28% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
+1.4
Sentiment
66
62% active weight
Current posture
7d trendImproving
Δ7d
+10.1
Δ21d
+1.1
Why this grade
Composite grade B. Momentum 51.7 / Value 62.9 / Sentiment 66.0
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-08. Scenario method
Most likely
B
Base case
50%
Probability
Target price
$30.00
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$23.50
Analysis reference price unavailable
Analysis 2026-08-08 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$819.3M
Beta
0.44
Shares Out
29.24M
P/E (TTM)
33.7
P/S (TTM)
2.29
P/FCF (TTM)
26.90
Rev YoY
+12.5%
EPS YoY
+28.5%
Gross Margin
+51.2%
Op Margin
+8.0%
Net Debt
-$39.43M
Current Ratio
1.06
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data