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Zynex (ZYXI) Competitors

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$2.04 -0.15 (-6.85%)
Closing price 06/11/2025 04:00 PM Eastern
Extended Trading
$2.04 0.00 (-0.20%)
As of 06/11/2025 06:16 PM Eastern
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ZYXI vs. NYXH, ZIMV, SMTI, SNWV, STIM, CATX, TCMD, NVRO, DRTS, and TLSI

Should you be buying Zynex stock or one of its competitors? The main competitors of Zynex include Nyxoah (NYXH), ZimVie (ZIMV), Sanara MedTech (SMTI), SANUWAVE Health (SNWV), Neuronetics (STIM), Perspective Therapeutics (CATX), Tactile Systems Technology (TCMD), Nevro (NVRO), Alpha Tau Medical (DRTS), and TriSalus Life Sciences (TLSI). These companies are all part of the "medical equipment" industry.

Zynex vs. Its Competitors

Nyxoah (NASDAQ:NYXH) and Zynex (NASDAQ:ZYXI) are both small-cap medical companies, but which is the better stock? We will compare the two companies based on the strength of their media sentiment, valuation, profitability, institutional ownership, earnings, community ranking, dividends, risk and analyst recommendations.

In the previous week, Nyxoah had 5 more articles in the media than Zynex. MarketBeat recorded 6 mentions for Nyxoah and 1 mentions for Zynex. Zynex's average media sentiment score of 1.87 beat Nyxoah's score of 1.54 indicating that Zynex is being referred to more favorably in the news media.

Company Overall Sentiment
Nyxoah Very Positive
Zynex Very Positive

Nyxoah presently has a consensus target price of $14.50, indicating a potential upside of 86.74%. Zynex has a consensus target price of $6.00, indicating a potential upside of 195.57%. Given Zynex's higher probable upside, analysts plainly believe Zynex is more favorable than Nyxoah.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nyxoah
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Zynex
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

Nyxoah received 11 more outperform votes than Zynex when rated by MarketBeat users. Likewise, 73.68% of users gave Nyxoah an outperform vote while only 55.36% of users gave Zynex an outperform vote.

CompanyUnderperformOutperform
NyxoahOutperform Votes
42
73.68%
Underperform Votes
15
26.32%
ZynexOutperform Votes
31
55.36%
Underperform Votes
25
44.64%

Zynex has higher revenue and earnings than Nyxoah. Zynex is trading at a lower price-to-earnings ratio than Nyxoah, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nyxoah$4.36M60.60-$46.77M-$2.13-3.65
Zynex$172.40M0.36$9.73M-$0.24-8.46

29.7% of Zynex shares are owned by institutional investors. 17.1% of Nyxoah shares are owned by company insiders. Comparatively, 49.3% of Zynex shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Nyxoah has a beta of 1.65, indicating that its share price is 65% more volatile than the S&P 500. Comparatively, Zynex has a beta of 0.82, indicating that its share price is 18% less volatile than the S&P 500.

Zynex has a net margin of 2.49% compared to Nyxoah's net margin of -1,043.93%. Zynex's return on equity of 13.05% beat Nyxoah's return on equity.

Company Net Margins Return on Equity Return on Assets
Nyxoah-1,043.93% -51.68% -40.11%
Zynex 2.49%13.05%3.78%

Summary

Zynex beats Nyxoah on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ZYXI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ZYXI vs. The Competition

MetricZynexElectromedical equipment IndustryMedical SectorNASDAQ Exchange
Market Cap$61.39M$3.38B$5.58B$8.61B
Dividend YieldN/A1.76%5.27%4.19%
P/E Ratio13.5318.2927.2920.07
Price / Sales0.36202.73410.86158.91
Price / Cash18.0144.0938.2534.64
Price / Book1.493.927.124.71
Net Income$9.73M$94.03M$3.23B$247.80M
7 Day Performance-5.58%2.42%2.99%2.30%
1 Month Performance-2.40%13.83%12.39%9.55%
1 Year Performance-78.08%22.83%31.73%14.92%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
2.9994 of 5 stars
$2.04
-6.8%
$6.00
+194.1%
-78.0%$61.69M$172.40M13.60770Positive News
NYXH
Nyxoah
2.5647 of 5 stars
$7.74
+0.9%
$14.50
+87.3%
-8.5%$263.62M$4.36M-4.14110Short Interest ↑
Analyst Revision
ZIMV
ZimVie
3.2014 of 5 stars
$9.39
+0.1%
$16.33
+73.9%
-42.6%$261.48M$443.55M-0.722,700Positive News
SMTI
Sanara MedTech
1.9546 of 5 stars
$29.07
-1.4%
$49.50
+70.3%
-6.6%$258.37M$91.57M-29.3660Positive News
Analyst Revision
SNWV
SANUWAVE Health
N/A$30.16
+8.1%
N/AN/A$258.05M$36.19M-6.6140High Trading Volume
STIM
Neuronetics
2.128 of 5 stars
$3.72
flat
$5.50
+47.8%
+90.0%$244.85M$89.45M-3.02180Positive News
CATX
Perspective Therapeutics
2.8423 of 5 stars
$3.23
-2.7%
$12.63
+290.9%
-74.5%$239.76M$1.43M0.0070Analyst Revision
Gap Up
TCMD
Tactile Systems Technology
3.8271 of 5 stars
$10.23
+1.9%
$16.00
+56.4%
-17.3%$237.83M$293.16M14.61980Positive News
NVRO
Nevro
0.185 of 5 stars
$5.85
+0.1%
$5.36
-8.3%
-36.8%$224.32M$408.52M-3.091,090News Coverage
DRTS
Alpha Tau Medical
2.9317 of 5 stars
$3.13
+3.6%
$8.00
+155.6%
+33.5%$220.29MN/A-7.2880Positive News
High Trading Volume
TLSI
TriSalus Life Sciences
3.643 of 5 stars
$5.59
+3.7%
$10.75
+92.3%
-11.9%$211.52M$32.14M-2.24106Positive News
Short Interest ↓
Analyst Revision
Gap Up

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This page (NASDAQ:ZYXI) was last updated on 6/12/2025 by MarketBeat.com Staff
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