Cantor Fitzgerald Estimates Nano-X Imaging FY2026 Earnings

Nano-X Imaging Ltd. (NASDAQ:NNOX - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for Nano-X Imaging in a report released on Monday, June 9th. Cantor Fitzgerald analyst R. Osborn forecasts that the company will earn ($0.29) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $9.00 price objective on the stock. The consensus estimate for Nano-X Imaging's current full-year earnings is ($0.92) per share.

Nano-X Imaging (NASDAQ:NNOX - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.02. Nano-X Imaging had a negative return on equity of 27.63% and a negative net margin of 465.38%. The firm had revenue of $3.00 million during the quarter, compared to analysts' expectations of $3.98 million.

NNOX has been the topic of several other research reports. Alliance Global Partners reissued a "buy" rating on shares of Nano-X Imaging in a research report on Thursday, May 22nd. D. Boral Capital reiterated a "buy" rating and set a $10.00 target price on shares of Nano-X Imaging in a report on Friday, June 6th.

Nano-X Imaging Trading Down 2.4%

NASDAQ NNOX traded down $0.13 during trading hours on Wednesday, reaching $5.28. The company had a trading volume of 523,865 shares, compared to its average volume of 1,744,023. The stock has a 50-day moving average of $5.09 and a 200 day moving average of $6.26. The stock has a market capitalization of $305.07 million, a P/E ratio of -6.21 and a beta of 1.99. Nano-X Imaging has a 1-year low of $3.75 and a 1-year high of $11.00.

Institutional Investors Weigh In On Nano-X Imaging

Hedge funds have recently modified their holdings of the stock. Kingsview Wealth Management LLC purchased a new stake in shares of Nano-X Imaging in the fourth quarter valued at approximately $94,000. Rhumbline Advisers lifted its holdings in Nano-X Imaging by 2.4% in the fourth quarter. Rhumbline Advisers now owns 71,972 shares of the company's stock valued at $518,000 after acquiring an additional 1,655 shares during the period. Quantum Private Wealth LLC purchased a new stake in shares of Nano-X Imaging during the 4th quarter worth $72,000. Bank of New York Mellon Corp grew its stake in shares of Nano-X Imaging by 4.6% during the 4th quarter. Bank of New York Mellon Corp now owns 146,551 shares of the company's stock worth $1,055,000 after purchasing an additional 6,449 shares during the period. Finally, ARK Investment Management LLC increased its holdings in shares of Nano-X Imaging by 19.0% in the 4th quarter. ARK Investment Management LLC now owns 300,757 shares of the company's stock valued at $2,165,000 after purchasing an additional 48,124 shares in the last quarter. 21.49% of the stock is owned by institutional investors and hedge funds.

About Nano-X Imaging

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.