Quick Summary:
- Nano-X Imaging (NNOX, Financial) has gained significant momentum with U.S. FDA clearance for its Nanox.ARC X device.
- Analysts set a promising target price, signaling a substantial potential upside for investors.
- GuruFocus estimates project a notable increase in the stock's market value over the next year.
Nano-X Imaging (NNOX) recently marked a pivotal achievement by securing U.S. FDA clearance for its innovative technology, the Nanox.ARC X. This digital tomosynthesis device is engineered to produce detailed tomographic images, catering to diverse medical applications. The company anticipates launching this cutting-edge system later this year, which will strategically augment its existing offering, the Nanox.ARC.
Optimistic Wall Street Projections
Wall Street analysts have shared their forecasts, with three experts providing a one-year price target for Nano-X Imaging Ltd (NNOX, Financial). The average price target is pegged at $11.00, with individual estimates ranging from a low of $9.00 to a high of $15.00. This average target price represents a notable upside of 118.25% from the current trading price of $5.04. Enthusiasts and investors can find more in-depth estimate details on the Nano X Imaging Ltd (NNOX) Forecast page.
Brokerage Recommendations and GuruFocus Insights
According to consensus data from four brokerage firms, the average recommendation for Nano X Imaging Ltd (NNOX, Financial) stands at 1.8, which translates to an "Outperform" rating. This rating scale spans from 1 to 5, where 1 indicates a "Strong Buy" and 5 suggests a "Sell."
GuruFocus offers a valuable perspective with its estimated GF Value for Nano X Imaging Ltd (NNOX, Financial) over the next year, calculated to be $12.41. This estimation proposes a robust potential upside of 146.23% from the present price of $5.04. The GF Value reflects GuruFocus' calculation of the fair trading value, derived from historical trading multiples, past growth trajectories, and projected future performance. For a detailed exploration, visit the Nano X Imaging Ltd (NNOX) Summary page.
