FY2026 EPS Estimates for Nano-X Imaging Decreased by Analyst

Key Points

• Analysts at Cantor Fitzgerald have cut their FY2026 earnings estimates for Nano-X Imaging from ($0.29) to ($0.50) per share, indicating a more pessimistic outlook for the company.
• The company recently reported quarterly earnings of ($0.23) per share, missing consensus estimates, and has experienced a negative net margin of 468.29%.
• Institutional investors have increased their stakes in Nano-X, with hedge funds collectively owning 21.49% of the company's stock, signaling potential confidence among large investors.

Nano-X Imaging Ltd. (NASDAQ:NNOX - Free Report) - Stock analysts at Cantor Fitzgerald dropped their FY2026 EPS estimates for shares of Nano-X Imaging in a note issued to investors on Wednesday, August 13th. Cantor Fitzgerald analyst R. Osborn now expects that the company will post earnings of ($0.50) per share for the year, down from their previous estimate of ($0.29). 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 earnings results on Tuesday, August 12th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.08). The business had revenue of $3.04 million for the quarter, compared to analyst estimates of $3.20 million. Nano-X Imaging had a negative net margin of 468.29% and a negative return on equity of 32.09%.

NNOX has been the topic of several other research reports. LADENBURG THALM/SH SH upgraded shares of Nano-X Imaging to a "strong-buy" rating in a report on Monday, July 14th. Alliance Global Partners upgraded shares of Nano-X Imaging to a "strong-buy" rating in a report on Monday, August 11th. Finally, D. Boral Capital cut their price objective on shares of Nano-X Imaging from $10.00 to $8.00 and set a "buy" rating on the stock in a report on Wednesday, August 13th. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Strong Buy" and an average target price of $8.50.

Nano-X Imaging Stock Performance

Shares of NASDAQ:NNOX traded down $0.12 during midday trading on Friday, hitting $3.90. 1,886,766 shares of the company's stock traded hands, compared to its average volume of 1,779,025. The company has a market cap of $225.34 million, a PE ratio of -4.33 and a beta of 1.95. The firm's fifty day moving average price is $4.99 and its two-hundred day moving average price is $5.37. Nano-X Imaging has a twelve month low of $3.75 and a twelve month high of $11.00.

Institutional Investors Weigh In On Nano-X Imaging

A number of institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its stake in shares of Nano-X Imaging by 529.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 13,794 shares of the company's stock valued at $71,000 after purchasing an additional 11,604 shares in the last quarter. Tidal Investments LLC raised its stake in shares of Nano-X Imaging by 40.3% in the 2nd quarter. Tidal Investments LLC now owns 81,928 shares of the company's stock valued at $424,000 after purchasing an additional 23,527 shares in the last quarter. GMT Capital Corp acquired a new stake in shares of Nano-X Imaging in the 2nd quarter valued at about $490,000. Engineers Gate Manager LP raised its stake in shares of Nano-X Imaging by 56.6% in the 2nd quarter. Engineers Gate Manager LP now owns 26,248 shares of the company's stock valued at $136,000 after purchasing an additional 9,486 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of Nano-X Imaging by 193.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 11,994 shares of the company's stock valued at $62,000 after purchasing an additional 7,910 shares in the last quarter. Institutional investors and hedge funds own 21.49% of the company's stock.

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.