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Strength Seen in Senseonics (SENS): Can Its 6.1% Jump Turn into More Strength?

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Senseonics Holdings (SENS - Free Report) shares soared 6.1% in the last trading session to close at $5.72. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 19.8% loss over the past four weeks.

Senseonics Holdings scored a strong price increase driven by the optimism surrounding its recent partnership with AI-powered health solutions leader, Welldoc, to develop a new custom mobile application for Eversense 365. The company also delivered an 87% year-over-year revenue growth in the first quarter of 2026, and a 35% year-over-year increase in gross margin.

This medical technology company is expected to post quarterly loss of $0.55 per share in its upcoming report, which represents a year-over-year change of -37.5%. Revenues are expected to be $13.08 million, up 96.7% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For Senseonics, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on SENS going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Senseonics is a member of the Zacks Medical Info Systems industry. One other stock in the same industry, Schrodinger, Inc. (SDGR - Free Report) , finished the last trading session 4.5% higher at $16.86. SDGR has returned 14% over the past month.

Schrodinger's consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.6. Compared to the company's year-ago EPS, this represents a change of -1.7%. Schrodinger currently boasts a Zacks Rank of #3 (Hold).

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