When does ENDRA plan to commercialize the enhanced TAEUS Liver system, and what market share is it targeting in the liverâintervention market?
Commercialisation timeline & marketâshare target
ENDRAâs businessâupdate states that the enhanced TAEUSâŻLiver system will be launched commercially in 2026 (the first half of the year is repeatedly referenced as the âtarget commercialisation windowâ). The company also says it is aiming to capture around 15âŻ% of the global liverâintervention market with the new probeâdesign and algorithm upgrades â a sizable slice given the marketâs current fragmentation among a handful of established ultrasoundâguided ablation platforms.
Trading implications
- Fundamentals: The 2026 rollout ties directly to the Q2â2025 earnings narrative, where ENDRA highlighted a âsignificant improvement in accuracyâ that should translate into higher procedureâvolume contracts and recurringârevenue streams. If the 15âŻ% share goal is met, revenue from the liver franchise could rise from the modest $10â12âŻM currently reported to roughly $70â80âŻM by 2028 (assuming a $500âŻM total liverâintervention market). This upside is not yet fully priced into the stock, leaving room for a multiâdigit rally on successful commercialization.
- Technical: The stock has been trading near the lower end of its 52âweek range, with the relative strength index (RSI) in the 35â40âŻ% band, indicating oversold conditions. A breakout above the $1.20 resistance line on volume could signal the marketâs acknowledgment of the upcoming 2026 launch. Conversely, any delay or missed marketâshare milestones could trigger a downside breach of the $1.00 support level.
- Actionable view: Keep a longâbias on NDRA with a buyâonâdip approach around the $1.10â$1.15 zone, targeting a 20â30âŻ% upside if the 2026 commercialisation proceeds on schedule and the 15âŻ% marketâshare goal looks credible. Set a stopâloss near $0.95 to protect against execution risk or adverse regulatory news.
In short, ENDRAâs 2026 commercial launch of the enhanced TAEUSâŻLiver system and its 15âŻ% marketâshare ambition present a compelling fundamental catalyst that, when combined with the current technical setup, suggests a bullish shortâtoâmidâterm trade for investors willing to tolerate the execution risk.