Cantor Fitzgerald Predicts Nano-X Imaging FY2025 Earnings

Nano-X Imaging Ltd. (NASDAQ:NNOX) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings estimates for Nano-X Imaging in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst R. Osborn expects that the company will earn ($0.61) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $12.00 target price on the stock. The consensus estimate for Nano-X Imaging’s current full-year earnings is ($0.92) per share.

Separately, D. Boral Capital began coverage on shares of Nano-X Imaging in a research report on Monday, January 6th. They issued a “buy” rating and a $23.00 target price on the stock.

Nano-X Imaging Trading Up 7.4 %

Shares of NNOX opened at $9.00 on Thursday. Nano-X Imaging has a 12-month low of $5.26 and a 12-month high of $14.28. The firm has a 50-day moving average price of $7.32 and a 200 day moving average price of $6.94. The firm has a market capitalization of $520.02 million, a P/E ratio of -10.59 and a beta of 1.97.

Nano-X Imaging (NASDAQ:NNOX) last announced its quarterly earnings data on Thursday, November 21st. The company reported ($0.23) earnings per share (EPS) for the quarter. Nano-X Imaging had a negative net margin of 465.38% and a negative return on equity of 27.63%. During the same quarter in the previous year, the business posted ($0.37) earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company increased its stake in shares of Nano-X Imaging by 14.8% during the second quarter. The Manufacturers Life Insurance Company now owns 20,210 shares of the company’s stock worth $148,000 after buying an additional 2,600 shares during the period. Rhumbline Advisers grew its position in Nano-X Imaging by 3.9% in the 2nd quarter. Rhumbline Advisers now owns 75,920 shares of the company’s stock valued at $557,000 after buying an additional 2,818 shares during the last quarter. Tidal Investments LLC boosted its position in shares of Nano-X Imaging by 4.6% during the 3rd quarter. Tidal Investments LLC now owns 64,387 shares of the company’s stock worth $391,000 after purchasing an additional 2,846 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of Nano-X Imaging in the 3rd quarter worth about $25,000. Finally, SG Americas Securities LLC raised its stake in Nano-X Imaging by 20.6% in the 4th quarter. SG Americas Securities LLC now owns 24,661 shares of the company’s stock valued at $178,000 after purchasing an additional 4,218 shares during 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.