FY2026 EPS Estimates for Nano-X Imaging Reduced by Analyst
Analysts at Cantor Fitzgerald have reduced their FY2026 earnings estimates for Nano-X Imaging Ltd. (NASDAQ:NNOX) from ($0.29) to ($0.50) per share. The consensus estimate for the company's current full-year earnings is ($0.92) per share. Despite this downgrade, other analysts have upgraded Nano-X Imaging to a "strong-buy" rating. The stock is currently trading at $4.48, with a market capitalization of $258.57 million. The company reported a quarterly EPS of ($0.23), missing estimates, and had revenue of $3.04 million, below expectations.
- Nano-X Imaging NASDAQ: NNOX Stock: Reimagining the X-Ray
Nano-X Imaging Ltd. (NASDAQ:NNOX - Free Report) - Analysts at Cantor Fitzgerald decreased their FY2026 earnings estimates for shares of Nano-X Imaging in a research note issued to investors on Wednesday, August 13th. Cantor Fitzgerald analyst R. Osborn now forecasts that the company will post earnings of ($0.50) per share for the year, down from their prior estimate of ($0.29). The consensus estimate for Nano-X Imaging's current full-year earnings is ($0.92) per share.
Several other analysts also recently weighed in on the company. LADENBURG THALM/SH SH upgraded Nano-X Imaging to a "strong-buy" rating in a report on Monday, July 14th. D. Boral Capital reduced their target price on shares of Nano-X Imaging from $10.00 to $8.00 and set a "buy" rating for the company in a report on Wednesday. Finally, Alliance Global Partners upgraded shares of Nano-X Imaging to a "strong-buy" rating in a report on Monday.
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Nano-X Imaging Price Performance
Shares of NASDAQ:NNOX traded down $0.03 on Friday, hitting $4.48. 218,503 shares of the company's stock were exchanged, compared to its average volume of 1,773,868. Nano-X Imaging has a 12 month low of $3.75 and a 12 month high of $11.00. The stock has a market capitalization of $258.57 million, a price-to-earnings ratio of -4.98 and a beta of 1.95. The business's 50 day simple moving average is $5.07 and its two-hundred day simple moving average is $5.45.
Nano-X Imaging (NASDAQ:NNOX - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.08). Nano-X Imaging had a negative return on equity of 32.09% and a negative net margin of 468.29%. The firm had revenue of $3.04 million for the quarter, compared to analysts' expectations of $3.20 million.
Institutional Investors Weigh In On Nano-X Imaging
Large investors have recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of Nano-X Imaging by 1,755.9% during the 1st quarter. GAMMA Investing LLC now owns 7,962 shares of the company's stock valued at $40,000 after buying an additional 7,533 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in shares of Nano-X Imaging during the 2nd quarter valued at approximately $57,000. Vident Advisory LLC purchased a new position in shares of Nano-X Imaging during the 1st quarter valued at approximately $55,000. PharVision Advisers LLC purchased a new position in shares of Nano-X Imaging during the 4th quarter valued at approximately $80,000. Finally, Bayesian Capital Management LP purchased a new position in shares of Nano-X Imaging during the 4th quarter valued at approximately $81,000. Hedge funds and other institutional investors own 21.49% of the company's stock.
Nano-X Imaging Company Profile
(Get Free Report)Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source. The company provides teleradiology services and develops artificial intelligence applications to be used in real-world medical imaging applications. Its X-ray source is based on a digital micro-electro-mechanical systems semiconductor cathode.
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