RxSight, Inc. (RXST)

NASDAQ: RXST · Real-Time Price · USD
33.66
-4.53 (-11.86%)
At close: Dec 20, 2024, 4:00 PM
33.70
+0.04 (0.12%)
After-hours: Dec 20, 2024, 7:59 PM EST
-11.86%
Market Cap 1.36B
Revenue (ttm) 128.29M
Net Income (ttm) -30.69M
Shares Out 40.30M
EPS (ttm) -0.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,247,483
Open 35.25
Previous Close 38.19
Day's Range 33.03 - 36.20
52-Week Range 33.03 - 66.54
Beta 1.10
Analysts Strong Buy
Price Target 59.00 (+75.28%)
Earnings Date Nov 7, 2024

About RXST

RxSight, Inc., a commercial-stage medical device company, engages in the research and development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery in the United States and internationally. It offers RxSight system that enables doctors to customize and enhance the visual acuity for patients after cataract surgery. The company’s RxSight system includes RxSight Light Adjustable Lens, a special photosensitive material that changes shape and power. RxSight light delivery device, an office-based light treat... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Jul 30, 2021
Employees 374
Stock Exchange NASDAQ
Ticker Symbol RXST
Full Company Profile

Financial Performance

In 2023, RxSight's revenue was $89.08 million, an increase of 81.77% compared to the previous year's $49.01 million. Losses were -$48.61 million, -27.19% less than in 2022.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RXST stock is "Strong Buy." The 12-month stock price forecast is $59.0, which is an increase of 75.28% from the latest price.

Price Target
$59.0
(75.28% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

RxSight's Momentum In The Large Cataract Surgery Market Merits A Close Eye

RxSight's light adjustable lenses [LAL] continue to gain traction in the $6 billion-plus cataract surgical market. In their Q3 earnings report, RxSight announced that 24,554 LALs were sold in Q3, repr...

21 days ago - Seeking Alpha

RxSight, Inc. (RXST) Q3 2024 Earnings Call Transcript

RxSight, Inc. (NASDAQ:RXST) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Oliver Moravcevic - Vice President, Investor Relations Ron Kurtz - President, Chief Execu...

5 weeks ago - Seeking Alpha

RxSight, Inc. to Report Third Quarter Financial Results on November 7, 2024

ALISO VIEJO, Calif., Oct. 24, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery,...

2 months ago - GlobeNewsWire

RxSight, Inc. to Participate in Upcoming Morgan Stanley and Wells Fargo Healthcare Conferences

ALISO VIEJO, Calif., Aug. 22, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following ...

4 months ago - GlobeNewsWire

Investing In The Future Of Cataract Surgery: The RxSight Advantage

RxSight, Inc. is transforming cataract surgery with the Light Adjustable Lens system, offering postoperative customization for superior vision outcomes. The global cataract devices market is rapidly e...

4 months ago - Seeking Alpha

RxSight, Inc. (RXST) Q2 2024 Earnings Call Transcript

RxSight, Inc. (NASDAQ:RXST) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Ron Kurtz - President, Chief Executive Officer Shelley Thunen - Assistant Secretary, Chief ...

4 months ago - Seeking Alpha

RxSight, Inc. Reports Second Quarter 2024 Financial Results

ALISO VIEJO, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following ...

4 months ago - GlobeNewsWire

RxSight, Inc. to Report Second Quarter Financial Results on August 5, 2024

ALISO VIEJO, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following ...

5 months ago - GlobeNewsWire

RxSight, Inc. To Participate in the Truist Securities Medtech Conference

ALISO VIEJO, Calif., June 05, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery,...

7 months ago - GlobeNewsWire

RxSight, Inc. Announces Closing of its Public Offering of Common Stock and Full Exercise of Underwriters' Option to Purchase Additional Shares

ALISO VIEJO, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc. (Nasdaq: RXST), an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cat...

7 months ago - GlobeNewsWire

RxSight, Inc. Announces Pricing of Public Offering of Common Stock

ALISO VIEJO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following ...

8 months ago - GlobeNewsWire

RxSight, Inc. (RXST) Q1 2024 Earnings Call Transcript

RxSight, Inc. (NASDAQ:RXST) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Oliver Moravcevic – Vice President, Investor Relations Ron Kurtz – President and Chief Executi...

8 months ago - Seeking Alpha

RxSight, Inc. Reports First Quarter 2024 Financial Results

ALISO VIEJO, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following c...

8 months ago - GlobeNewsWire

RxSight, Inc. to Report First Quarter Financial Results on May 6, 2024

ALISO VIEJO, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following...

8 months ago - GlobeNewsWire

RxSight Announces Commercial Launch of its Newest Light Adjustable Lens™, the LAL+™, and Features Multiple Doctor Presentations at the Upcoming ASCRS Annual Meeting

ALISO VIEJO, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following...

9 months ago - GlobeNewsWire

RxSight, Inc. to Participate in the 23rd Annual Needham Virtual Healthcare Conference

ALISO VIEJO, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following c...

9 months ago - GlobeNewsWire

RxSight, Inc. to Participate in the 34th Annual Oppenheimer Healthcare Conference

ALISO VIEJO, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following ca...

10 months ago - GlobeNewsWire

RxSight, Inc. (RXST) Q4 2023 Earnings Call Transcript

RxSight, Inc. (RXST) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

RxSight, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

ALISO VIEJO, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery,...

10 months ago - GlobeNewsWire

RxSight, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

ALISO VIEJO, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) - RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following ...

11 months ago - GlobeNewsWire

RxSight, Inc. Announces Preliminary Unaudited Fourth Quarter and Full-Year 2023 Financial and Operational Results and 2024 Guidance

ALISO VIEJO, Calif., Jan. 07, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery,...

1 year ago - GlobeNewsWire

RxSight, Inc. to Present at the J.P. Morgan Healthcare Conference

ALISO VIEJO, Calif., Dec. 27, 2023 (GLOBE NEWSWIRE) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery,...

1 year ago - GlobeNewsWire

RxSight, Inc. (RXST) Q3 2023 Earnings Call Transcript

RxSight, Inc. (NASDAQ:RXST) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Alex Huang - Director, Investor Relations Ron Kurtz - President and Chief Executive Offic...

1 year ago - Seeking Alpha

RxSight, Inc. Educational and Product Announcements for AAO 2023

ALISO VIEJO, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- November 2, 2023 – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients followin...

1 year ago - GlobeNewsWire

RxSight: Losing Altitude Despite 'Best Of Breed' Platform

Today we look at RxSight, Inc., a small ocular focused medical device company focused on transforming the cataract surgery market. The company is delivering 70% year-over-year revenue growth and rapid...

1 year ago - Seeking Alpha