Zynex, Inc. (ZYXI)
NASDAQ: ZYXI · IEX Real-Time Price · USD
12.37
-0.21 (-1.67%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Zynex Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Zynex stock have an average target of 21.33, with a low estimate of 15 and a high estimate of 28. The average target predicts an increase of 72.43% from the current stock price of 12.37.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $15 $21.33 $21 $28
Change +21.26% +72.43% +69.77% +126.35%

Analyst Ratings

The average analyst rating for Zynex stock from 3 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222222
Buy 222221
Hold 000000
Sell 000000
Strong Sell 000000
Total 444443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$13$15
Buy Maintains $13$15 +21.26% Mar 1, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$20$21
Strong Buy Maintains $20$21 +69.77% Mar 1, 2024
RBC Capital
RBC Capital
Buy
Initiates
$13
Buy Initiates $13 +5.09% Oct 16, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +61.68% Apr 28, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +61.68% Apr 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
233.36M
from 184.32M
Increased by 26.60%
Revenue Next Year
294.56M
from 233.36M
Increased by 26.23%
EPS This Year
0.51
from 0.27
Increased by 88.89%
EPS Next Year
0.95
from 0.51
Increased by 86.00%
Year 2019202020212022202320242025202620272028
Revenue
45.47M80.12M130.30M158.17M184.32M233.36M294.56M353.74M437.89M525.71M
Revenue Growth
42.47%76.20%62.63%21.39%16.54%26.60%26.23%20.09%23.79%20.06%
EPS
0.260.240.440.440.270.510.951.371.992.73
EPS Growth
--5.88%83.33%--38.64%88.89%86.00%44.09%45.52%37.44%
No. Analysts -----65333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 244.5M 309.7M 364.1M 450.8M 541.2M
Avg 233.4M 294.6M 353.7M 437.9M 525.7M
Low 222.5M 275.8M 339.9M 420.7M 505.1M

Revenue Growth

Revenue Growth 20242025202620272028
High
32.6%
32.7%
23.6%
27.4%
23.6%
Avg
26.6%
26.2%
20.1%
23.8%
20.1%
Low
20.7%
18.2%
15.4%
18.9%
15.3%

EPS Forecast

EPS 20242025202620272028
High 0.58 1.03 1.41 2.05 2.81
Avg 0.51 0.95 1.37 1.99 2.73
Low 0.44 0.87 1.31 1.91 2.63

EPS Growth

EPS Growth 20242025202620272028
High
113.9%
101.8%
48.3%
49.8%
41.5%
Avg
88.9%
86.0%
44.1%
45.5%
37.4%
Low
63.3%
71.0%
38.4%
39.8%
32.0%
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.