12 Best Medical Device Stocks to Buy According to Analysts

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4. CeriBell, Inc. (NASDAQ:CBLL)

Analyst Upside: 140.12%

Number of Hedge Fund Holders: 9

CeriBell, Inc. (NASDAQ:CBLL) is one of the best medical device stocks to buy according to analysts. J.P. Morgan analyst Robbie Marcus maintained a Buy rating on CeriBell, Inc. (NASDAQ:CBLL) on August 5, setting a price target of $21.00.

The rating update came after CeriBell, Inc. (NASDAQ:CBLL) reported its Q2 results on the same day, with total revenue for the quarter reaching $21.2 million and reflecting a 38% growth compared to the same quarter last year.

CeriBell, Inc. (NASDAQ:CBLL) also attained a gross margin of 88% in Q2 2025, and ended the quarter with 584 total active accounts.

CeriBell, Inc. (NASDAQ:CBLL) is a commercial-stage medical technology company that engages in the diagnosis and management of patients with serious neurological conditions. The company’s products include Point-of-Care EEG, EEG Portal, and Clarity.

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