Nano-X Imaging (NNOX) to Release Quarterly Earnings on Thursday

Nano-X Imaging (NASDAQ:NNOX - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 22nd. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $3.98 million for the quarter.

Nano-X Imaging (NASDAQ:NNOX - Get Free Report) last released its earnings results on Monday, March 31st. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.08). The business had revenue of $3.00 million during the quarter, compared to analysts' expectations of $3.80 million. Nano-X Imaging had a negative net margin of 465.38% and a negative return on equity of 27.63%. On average, analysts expect Nano-X Imaging to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Nano-X Imaging Stock Up 2.8%

Shares of NASDAQ:NNOX traded up $0.15 during trading on Friday, reaching $5.60. 860,482 shares of the company traded hands, compared to its average volume of 1,738,782. The firm has a fifty day simple moving average of $5.14 and a 200 day simple moving average of $6.35. The firm has a market cap of $323.56 million, a P/E ratio of -6.59 and a beta of 2.03. 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

An institutional investor recently bought a new position in Nano-X Imaging stock. AQR Capital Management LLC acquired a new stake in Nano-X Imaging Ltd. (NASDAQ:NNOX - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 35,555 shares of the company's stock, valued at approximately $178,000. AQR Capital Management LLC owned about 0.06% of Nano-X Imaging at the end of the most recent quarter. Institutional investors own 21.49% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald decreased their target price on shares of Nano-X Imaging from $12.00 to $9.00 and set an "overweight" rating for the company in a research note on Tuesday, April 1st. D. Boral Capital reissued a "buy" rating and set a $15.00 target price on shares of Nano-X Imaging in a research note on Thursday, April 17th.

Nano-X Imaging Company Profile

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.