Should I buy or sell Nano-X Imaging stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nano-X Imaging in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NNOX shares. View NNOX analyst ratings or view top-rated stocks .

What is Nano-X Imaging's stock price target for 2024?

2 Wall Street research analysts have issued twelve-month target prices for Nano-X Imaging's stock. Their NNOX share price targets range from $14.50 to $24.00. On average, they expect the company's stock price to reach $19.25 in the next twelve months. This suggests a possible upside of 225.4% from the stock's current price. View analysts price targets for NNOX or view top-rated stocks among Wall Street analysts .

How have NNOX shares performed in 2023?

Nano-X Imaging's stock was trading at $7.38 at the start of the year. Since then, NNOX stock has decreased by 19.9% and is now trading at $5.9150. View the best growth stocks for 2023 here .

When is Nano-X Imaging's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024. View our NNOX earnings forecast .

How were Nano-X Imaging's earnings last quarter?

Nano-X Imaging Ltd. (NASDAQ:NNOX) announced its earnings results on Tuesday, November, 28th. The company reported ($0.37) earnings per share for the quarter, missing analysts' consensus estimates of ($0.30) by $0.07. The company had revenue of $2.48 million for the quarter. Nano-X Imaging had a negative net margin of 989.26% and a negative trailing twelve-month return on equity of 46.58%. During the same quarter last year, the firm earned ($0.37) earnings per share.

What ETFs hold Nano-X Imaging's stock?

ETFs with the largest weight of Nano-X Imaging (NASDAQ:NNOX) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL) . BlueStar Israel Technology ETF (ITEQ) .

What other stocks do shareholders of Nano-X Imaging own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nano-X Imaging investors own include NVIDIA (NVDA) , Advanced Micro Devices (AMD) , CrowdStrike (CRWD) , DocuSign (DOCU) , QUALCOMM (QCOM) , Tesla (TSLA) , Zoom Video Communications (ZM) , PayPal (PYPL) , Teladoc Health (TDOC) and Alibaba Group (BABA) .

When did Nano-X Imaging IPO?

(NNOX) raised $100 million in an initial public offering (IPO) on Friday, August 21st 2020. The company issued 5,900,000 shares at $16.00-$18.00 per share. Cantor, Oppenheimer, Berenberg and CIBC Capital Markets acted as the underwriters for the IPO and National Securities Corp. was co-manager.

Who are Nano-X Imaging's major shareholders?

Nano-X Imaging's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ibex Investors LLC (1.10%), Northern Trust Corp (0.67%), Simplex Trading LLC (0.00%), Bank of New York Mellon Corp (0.35%), ARK Investment Management LLC (0.27%) and Taylor Frigon Capital Management LLC (0.22%).

How do I buy shares of Nano-X Imaging?

Shares of NNOX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Nano-X Imaging Stock Price, News & Analysis (NASDAQ:NNOX)

$5.92

-0.95 (-13.84%)

(As of 12/5/2023 ET)

Compare

Today's Range: $5.91
▼
$6.74
50-Day Range: $4.97
▼
$7.41
52-Week Range: $4.89
▼
$22.69

Volume: 2.04 million shs
Average Volume: 1.34 million shs
Market Capitalization: $326.21 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $19.25

Nano-X Imaging MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 225.4% Upside
$19.25 Price Target
Short Interest: Bearish
14.00% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.53
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.14) to ($1.03) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.74 out of 5 stars

Business Services Sector

200th out of 285 stocks

X - Ray Apparatus & Tubes Industry

6th out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
Nano-X Imaging has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.25, Nano-X Imaging has a forecasted upside of 225.4% from its current price of $5.92.
Amount of Analyst Coverage
Nano-X Imaging has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
14.00% of the outstanding shares of Nano-X Imaging have been sold short.
Short Interest Ratio / Days to Cover
Nano-X Imaging has a short interest ratio ("days to cover") of 9.
Change versus previous month
Short interest in Nano-X Imaging has recently decreased by 3.38%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Nano-X Imaging does not currently pay a dividend.
Dividend Growth
Nano-X Imaging does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NNOX.

1.9

News and Social Media Coverage

News Sentiment
Nano-X Imaging has a news sentiment score of -0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Nano-X Imaging this week, compared to 1 article on an average week.
Search Interest
11 people have searched for NNOX on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
MarketBeat Follows
6 people have added Nano-X Imaging to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nano-X Imaging insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 21.82% of the stock of Nano-X Imaging is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Nano-X Imaging are expected to grow in the coming year, from ($1.14) to ($1.03) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nano-X Imaging is -3.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nano-X Imaging is -3.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Nano-X Imaging has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Nano-X Imaging Stock (NASDAQ:NNOX)

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. The company's solutions include Nanox Multi Source System comprising Nanox.ARC, a medical tomographic imaging system incorporating its digital X-ray source, and Nanox. CLOUD, a platform which employs a matching engine to match medical images to radiologists that provides image repository, connectivity to diagnostic assistive AI systems, billing, and reporting. It also offers Nanox.MARKETPLACE, which connects imaging facilities with radiologists and enables radiologists to provide, as well as customers to obtain remote interpretations of imaging data; artificial intelligence (AI)-based software imaging solutions to hospitals, health maintenance organizations, integrated delivery networks, pharmaceutical companies, and insurers that are designed to identify or predict undiagnosed or underdiagnosed medical conditions through the mining of data included in images of existing computed tomography scans for osteoporosis and cardiovascular disease; Teleradiology Services, which provide imaging interpretation services for radiology practices, hospitals, medical clinics, diagnostic imaging centers, urgent care facilities; and multi-specialty physician groups, contracts, and radiology readings. The company was incorporated in 2018 and is based in Neve Ilan, Israel.

NNOX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NNOX Stock News Headlines

December 1, 2023 | benzinga.com

Nano X Imaging Stock (NASDAQ:NNOX), Analyst Ratings, Price Targets, Predictions

December 1, 2023 | finance.yahoo.com

Nano-X Imaging Ltd. (NASDAQ:NNOX) Q3 2023 Earnings Call Transcript

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 30, 2023 | americanbankingnews.com

Nano-X Imaging (NASDAQ:NNOX) PT Lowered to $24.00

November 28, 2023 | finance.yahoo.com

Nano-X Imaging (NNOX) Q3 2023 Earnings Call Transcript

November 28, 2023 | finance.yahoo.com

Nanox Announces Third Quarter of 2023 Financial Results and Provides Business Update

November 26, 2023 | americanbankingnews.com

Reviewing Nano-X Imaging (NNOX) and Its Rivals

November 9, 2023 | finance.yahoo.com

Nanox to Report Third Quarter 2023 Financial Results on November 28, 2023 and Reschedules Investor Day for December 4, 2023

December 6, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 8, 2023 | finance.yahoo.com

Nano-X Imaging Ltd.'s (NASDAQ:NNOX) Path To Profitability

October 10, 2023 | finance.yahoo.com

Nanox Continues Business as Planned, and Postpones Investor Day Scheduled for October 17, 2023

October 3, 2023 | finanznachrichten.de

Nano-X Imaging LTD.: Nanox Announces Strategic Manufacturing Agreement with Varex Imaging Corporation to Advance the Nanox.ARC Medical Imaging System

October 2, 2023 | finance.yahoo.com

Nanox to Host Investor Day on October 17, 2023

September 13, 2023 | finance.yahoo.com

Nanox to Present at the Cantor Fitzgerald Global Healthcare Conference 2023 in September

September 9, 2023 | msn.com

Alliance Global Partners Initiates Coverage of Nano X Imaging (NNOX) with Buy Recommendation

August 19, 2023 | finance.yahoo.com

Nano-X Imaging Second Quarter 2023 Earnings: Misses Expectations

August 18, 2023 | msn.com

Cantor Fitzgerald Reiterates Nano X Imaging (NNOX) Overweight Recommendation

August 18, 2023 | insidermonkey.com

Nano-X Imaging Ltd. (NASDAQ:NNOX) Q2 2023 Earnings Call Transcript

August 17, 2023 | finanznachrichten.de

Nano-X Imaging LTD.: Nanox Announces Second Quarter of 2023 Financial Results and Provides Business Update

August 17, 2023 | msn.com

Nano-X Imaging gains despite Q2 miss

August 17, 2023 | finance.yahoo.com

Nano-X Imaging (NNOX) Q2 2023 Earnings Call Transcript

August 17, 2023 | finance.yahoo.com

Nanox Announces Second Quarter of 2023 Financial Results and Provides Business Update

August 3, 2023 | finance.yahoo.com

Nanox to Report Second Quarter 2023 Financial Results on August 17, 2023

July 30, 2023 | msn.com

Got $2,500? Buying Shares of This Medical Device Stock Right Now Could Be a Smart Move

July 24, 2023 | finance.yahoo.com

Nanox Announces $30 Million Registered Direct Offering

July 21, 2023 | finance.yahoo.com

Could Nano-X Imaging Stock Help You Become a Millionaire?

July 18, 2023 | seekingalpha.com

Nano-X Imaging - Some Good, Some Bad

See More Headlines

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Company Calendar

Last Earnings: 11/28/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: X - ray apparatus & tubes
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:NNOX
CUSIP: N/A
CIK: 1795251
Web: www.nanox.vision
Phone: 972-02-536-0360
Fax: 972-02-544-5214
Employees: 180
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $19.25
High Stock Price Target: $24.00
Low Stock Price Target: $14.50
Potential Upside/Downside: +225.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.75)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-113,240,000.00
Net Margins: -989.26%
Pretax Margin: -1,085.65%
Return on Equity: -46.58%
Return on Assets: -40.19%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 4.87
Quick Ratio: 4.87

Sales & Book Value

Annual Sales: $9.64 million
Price / Sales: 33.84
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.16 per share
Price / Book: 1.42

Miscellaneous

Outstanding Shares: 55,150,000
Free Float: N/A
Market Cap: $326.21 million
Optionable: Not Optionable
Beta: 1.86

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Key Executives

Mr. Ran Poliakine (Age 55)
Founder & Chairman
Comp: $992.11k
Mr. Erez I. Meltzer (Age 66)
CEO & Director
Comp: $1.86M
Mr. James M. Dara (Age 53)
GM of Source & Services Division and Head of Nanox USA
Comp: $376.84k
Mr. Ofir Koren (Age 53)
General Manager of Nanox.ARC Division
Comp: $335.81k
Mr. Ran Daniel (Age 55)
Chief Financial Officer
Ms. Marina Gofman Feler (Age 34)
Chief Legal Officer
Mr. Tal Shank Adv. (Age 45)
Vice President of Corporate Development
Ms. Tamar Aharon Cohen (Age 46)
Executive VP & Chief Marketing Officer
Mr. Gilad Yron (Age 50)
Chief Business Officer
Ms. Lydia Edwards
President of Nanox US

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NNOX Stock Analysis - Frequently Asked Questions

Should I buy or sell Nano-X Imaging stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nano-X Imaging in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NNOX shares.
View NNOX analyst ratings or view top-rated stocks.
What is Nano-X Imaging's stock price target for 2024?: 2 Wall Street research analysts have issued twelve-month target prices for Nano-X Imaging's stock. Their NNOX share price targets range from $14.50 to $24.00. On average, they expect the company's stock price to reach $19.25 in the next twelve months. This suggests a possible upside of 225.4% from the stock's current price.
View analysts price targets for NNOX or view top-rated stocks among Wall Street analysts.
How have NNOX shares performed in 2023?: Nano-X Imaging's stock was trading at $7.38 at the start of the year. Since then, NNOX stock has decreased by 19.9% and is now trading at $5.9150.
View the best growth stocks for 2023 here.
When is Nano-X Imaging's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our NNOX earnings forecast.
How were Nano-X Imaging's earnings last quarter?: Nano-X Imaging Ltd. (NASDAQ:NNOX) announced its earnings results on Tuesday, November, 28th. The company reported ($0.37) earnings per share for the quarter, missing analysts' consensus estimates of ($0.30) by $0.07. The company had revenue of $2.48 million for the quarter. Nano-X Imaging had a negative net margin of 989.26% and a negative trailing twelve-month return on equity of 46.58%. During the same quarter last year, the firm earned ($0.37) earnings per share.
What ETFs hold Nano-X Imaging's stock?: ETFs with the largest weight of Nano-X Imaging (NASDAQ:NNOX) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL).BlueStar Israel Technology ETF (ITEQ).

What other stocks do shareholders of Nano-X Imaging own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Nano-X Imaging investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), CrowdStrike (CRWD), DocuSign (DOCU), QUALCOMM (QCOM), Tesla (TSLA), Zoom Video Communications (ZM), PayPal (PYPL), Teladoc Health (TDOC) and Alibaba Group (BABA).
When did Nano-X Imaging IPO?: (NNOX) raised $100 million in an initial public offering (IPO) on Friday, August 21st 2020. The company issued 5,900,000 shares at $16.00-$18.00 per share. Cantor, Oppenheimer, Berenberg and CIBC Capital Markets acted as the underwriters for the IPO and National Securities Corp. was co-manager.
Who are Nano-X Imaging's major shareholders?: Nano-X Imaging's stock is owned by many different retail and institutional investors. Top institutional shareholders include Ibex Investors LLC (1.10%), Northern Trust Corp (0.67%), Simplex Trading LLC (0.00%), Bank of New York Mellon Corp (0.35%), ARK Investment Management LLC (0.27%) and Taylor Frigon Capital Management LLC (0.22%).
How do I buy shares of Nano-X Imaging?: Shares of NNOX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:NNOX) was last updated on 12/6/2023 by MarketBeat.com Staff

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