Zynex, Inc. (ZYXI)
NASDAQ: ZYXI · Real-Time Price · USD
7.86
+0.04 (0.51%)
Nov 20, 2024, 4:00 PM EST - Market closed

Zynex Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Zynex stock have an average target of 14, with a low estimate of 11 and a high estimate of 17. The average target predicts an increase of 78.12% from the current stock price of 7.86.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $11 $14 $17 $17
Change +39.95% +78.12% +116.28% +116.28%

Analyst Ratings

The average analyst rating for Zynex stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$16$17
Strong Buy Maintains $16$17 +116.28% Oct 25, 2024
RBC Capital
RBC Capital
Buy
Maintains
$12$11
Buy Maintains $12$11 +39.95% Oct 8, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$16
Strong Buy Reiterates $16 +103.56% Sep 4, 2024
RBC Capital
RBC Capital
Buy
Maintains
$15$12
Buy Maintains $15$12 +52.67% Jul 26, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$21$16
Strong Buy Maintains $21$16 +103.56% Jul 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
204.04M
from 184.32M
Increased by 10.70%
Revenue Next Year
244.39M
from 204.04M
Increased by 19.78%
EPS This Year
0.21
from 0.27
Decreased by -23.19%
EPS Next Year
0.49
from 0.21
Increased by 136.07%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
45.47M80.12M130.30M158.17M184.32M204.04M244.39M295.44M
Revenue Growth
42.47%76.20%62.63%21.39%16.54%10.70%19.78%20.89%
EPS
0.250.240.440.440.270.210.490.90
EPS Growth
--5.70%83.33%--38.64%-23.19%136.07%84.38%
Forward PE
-----37.9016.058.71
No. Analysts -----554
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 210.1M 253.3M 305.0M
Avg 204.0M 244.4M 295.4M
Low 196.0M 231.7M 283.0M

Revenue Growth

Revenue Growth 20242025202620272028
High
14.0%
24.1%
24.8%
Avg
10.7%
19.8%
20.9%
Low
6.3%
13.5%
15.8%

EPS Forecast

EPS 20242025202620272028
High 0.22 0.53 1.00
Avg 0.21 0.49 0.90
Low 0.20 0.44 0.80

EPS Growth

EPS Growth 20242025202620272028
High
-18.3%
153.1%
103.7%
Avg
-23.2%
136.1%
84.4%
Low
-27.4%
112.6%
64.1%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.