Nano-X Imaging (NASDAQ:NNOX) Raised to “Hold” at Zacks Research

Nano-X Imaging (NASDAQ:NNOX) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

NNOX has been the topic of several other reports. D. Boral Capital reiterated a “buy” rating and set a $5.00 target price on shares of Nano-X Imaging in a report on Monday, April 20th. Cantor Fitzgerald upgraded Nano-X Imaging to a “strong-buy” rating in a report on Wednesday, March 4th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nano-X Imaging in a research note on Friday, April 10th. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $5.00.

Nano-X Imaging Price Performance

NASDAQ:NNOX opened at $1.51 on Monday. The business’s 50-day moving average is $1.88 and its two-hundred day moving average is $2.43. Nano-X Imaging has a 12 month low of $1.50 and a 12 month high of $5.69. The firm has a market capitalization of $105.08 million, a PE ratio of -0.95 and a beta of 1.21.

Nano-X Imaging (NASDAQ:NNOX) last issued its quarterly earnings data on Monday, April 20th. The company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.35). Nano-X Imaging had a negative return on equity of 64.65% and a negative net margin of 790.87%.The company had revenue of $3.72 million for the quarter, compared to analyst estimates of $3.99 million. During the same quarter in the prior year, the firm earned ($0.21) EPS. Equities analysts anticipate that Nano-X Imaging will post -0.65 EPS for the current year.

Hedge Funds Weigh In On Nano-X Imaging

Institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC purchased a new position in shares of Nano-X Imaging during the 1st quarter valued at approximately $26,000. Independent Financial Group LLC bought a new stake in shares of Nano-X Imaging in the first quarter worth $26,000. Interchange Capital Partners LLC acquired a new stake in Nano-X Imaging in the fourth quarter valued at $28,000. Aristides Capital LLC acquired a new stake in Nano-X Imaging in the fourth quarter valued at $30,000. Finally, Hsbc Holdings PLC bought a new position in Nano-X Imaging during the 1st quarter valued at $35,000. 21.49% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Nano-X Imaging

Here are the key news stories impacting Nano-X Imaging this week:

• Neutral Sentiment: A class action lawsuit has been filed against Nano-X Imaging and certain officers, alleging securities-law violations during the March 31, 2025 to April 17, 2026 period. Article Title
• Neutral Sentiment: Several plaintiff firms, including Rosen, Howard G. Smith, Schall, the Gross Law Firm, Faruqi & Faruqi, and others, issued notices reminding investors of the case and the August 11 lead-plaintiff deadline. Article Title
• Negative Sentiment: The repeated lawsuit headlines may increase investor concern about potential financial liabilities and governance issues, adding pressure to an already weak stock. Article Title

About Nano-X Imaging

Nano-X Imaging Ltd. is a medical technology company developing and commercializing a digital X-ray imaging platform designed to lower the cost and increase the accessibility of diagnostic imaging. Its flagship product, the Nanox.ARC, leverages a proprietary micro-electromechanical system (MEMS) based digital X-ray source and advanced image processing software to provide 2D and 3D imaging capabilities on a compact footprint. The system aims to streamline radiology workflows and facilitate point-of-care diagnostics in hospitals, clinics and outpatient settings.

The Nanox.ARC platform integrates a novel cold cathode X-ray source, which enables multiple emission points without the need for rotating anode tubes.