MOBINasdaq

Mobia Medical, Inc.

Healthcare·Healthcare·Austin, TX, United States·CEO: Mr. Richard John Foust

BioSniper AI · MOBI

Mobia Medical, Inc. is a commercial-stage medical device company focused on stroke recovery through its Vivistim Paired VNS system, which recently received a favorable CMS proposed payment rate for 2027.

Key risk: Reimbursement dependency

Spotter reads the filings and answers with citations.

4.2/10

BioSniper Score

Based on 4 of 6 signals

Market Cap

$367.7M

Cash Runway

10.2 mo

Next Catalyst

Tracking 1 pipeline candidate for Mobia Medical, Inc. · Updated within the last hour.

AI OverviewAI overview is shown in English only.

Mobia Medical, Inc. is a commercial-stage medical device company focused on stroke recovery through its Vivistim Paired VNS system, which recently received a favorable CMS proposed payment rate for 2027.

  • Mobia Medical is a commercial-stage medical device company redefining stroke recovery for survivors with motor impairments [news · 2026-07-02].
  • CMS proposed to maintain CPT Code 64568 under New Technology APC 1580 for CY 2027 with an outpatient payment rate of approximately $45,000 [news · 2026-07-02].
  • The company completed an IPO on May 7, 2026, pricing 10,000,000 shares at $15.00 per share, raising gross proceeds before deductions [news · 2026-05-08].
  • Insider transactions post-IPO include purchases by executives and major shareholders at $15.00 per share [insider_transaction · 2026-05-11].
  • Analyst coverage initiated with target prices ranging from $16 to $31 [news · 2026-06-02].

What works

  • CMS proposed to maintain Vivistim's procedure code under New Technology APC 1580 with a ~$45,000 payment rate for 2027, supporting reimbursement stability [news · 2026-07-02].
  • The company successfully completed an IPO raising significant capital, indicating investor interest [news · 2026-05-08].
  • Insider purchases post-IPO by executives and major shareholders at $15.00 per share suggest internal confidence [insider_transaction · 2026-05-11].
  • Analyst coverage initiation with bullish notes and target prices up to $31 reflects positive market sentiment [news · 2026-06-02].

What to weigh

  • The company's stock had a tough debut post-IPO, with analysts remaining on the sidelines [news · 2026-05-10].
  • As a commercial-stage company, Mobia Medical faces the challenge of achieving widespread adoption and revenue growth in a competitive stroke recovery market [news · 2026-05-10].
  • The company's reliance on CMS reimbursement decisions introduces regulatory risk, though the current proposal is favorable [news · 2026-07-02].
  • Insider transactions include significant stock conversions and option exercises at $0.00, which may dilute existing shareholders [insider_transaction · 2026-05-11].

From the filings

Quoted directly from source documents.

  • CMS proposed to maintain Vivistim procedure code under New Technology APC 1580 for 2027

    the Centers for Medicare and Medicaid Services (CMS) has proposed to maintain CPT® Code 64568, the procedure code used for the Vivistim® procedure, under the New Technology Ambulatory Payment Classification (APC) 1580 for calendar year (CY) 2027

    News · July 2, 2026

  • IPO pricing of 10,000,000 shares at $15.00 per share

    pricing of its initial public offering of 10,000,000 shares of its common stock at a public offering price of $15.00 per share

    News · May 8, 2026

  • Analyst target prices for MOBI stock range from $16 to $31

    MOBI target prices: $16, $19, $31

    News · June 2, 2026

  • Insider purchases at $15.00 per share post-IPO

    HARRINGTON WILLIAM T (N/A) P 266667 shares @ $15.00 on 2026-05-11

    Insider filings · May 11, 2026

Risks & what to watch (4)

Key risks

  • Reimbursement dependencyRevenue relies on CMS maintaining favorable payment rates; any adverse change could impact adoption [news · 2026-07-02].
  • Commercial-stage executionAs a newly public commercial-stage company, scaling sales and market penetration is unproven [news · 2026-05-10].
  • Stock dilution from insider conversionsSignificant insider stock conversions at $0.00 may dilute existing shareholders [insider_transaction · 2026-05-11].
  • Competitive stroke recovery marketThe stroke recovery market is crowded with alternative therapies, posing adoption challenges [news · 2026-05-10].

What to watch

  • Final CMS rule for CY 2027 Hospital Outpatient Prospective Payment System, expected later in 2026 [news · 2026-07-02].
  • Quarterly revenue and adoption metrics for Vivistim post-IPO [news · 2026-05-08].
  • Insider trading activity and any secondary offerings [insider_transaction · 2026-05-11].
  • Analyst rating changes and price target adjustments [news · 2026-06-02].

Sources: Insider filings · News · PubMed · Generated July 14, 2026 · How we verify sources →

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Evidence & data

Score breakdownBased on 4 of 6 signals · derived from public data

Cash Runway2.8

10.2 months

Financial Health0.5

OCF -$18M · Net income -$18M

Pipeline MaturityN/A

No tracked pipeline phase

Pipeline Breadth3.3

1 candidate

Catalyst MomentumN/A

No upcoming catalysts tracked

Insider Signal10.0

12 buys · 1 sell (180d)

Runway

Pipeline

Financials

Frequently asked questions

What is the AI investment thesis for Mobia Medical, Inc.?

Mobia Medical, Inc. is a commercial-stage medical device company focused on stroke recovery through its Vivistim Paired VNS system, which recently received a favorable CMS proposed payment rate for 2027.

Who is the CEO of Mobia Medical, Inc.?

Mr. Richard John Foust is the chief executive officer of Mobia Medical, Inc. (MOBI).

Where is Mobia Medical, Inc. headquartered?

Mobia Medical, Inc. (MOBI) is headquartered in Austin, TX, United States.

920 companies229,941 SEC filings19,412 clinical trials100% citation-verification pass rate (7d)How we verify →

The AI overview and BioSniper Score are neutral, data-derived signals built from public SEC filings, ClinicalTrials.gov and FDA records — not investment advice.

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