Zynex (ZYXI) Stock Forecast, Price Target & Predictions

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ZYXI Stock Forecast

Zynex stock forecast is as follows: an average price target of $14.38 (represents a 83.89% upside from ZYXI’s last price of $7.82) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

ZYXI Price Target

The average price target for Zynex (ZYXI) is $14.38 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $18.00 to $11.00. This represents a potential 83.89% upside from ZYXI's last price of $7.82.

ZYXI Analyst Ratings

Buy

According to 4 Wall Street analysts, Zynex's rating consensus is 'Buy'. The analyst rating breakdown for ZYXI stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Zynex Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 08, 2024	Shagun Singh	RBC Capital	$11.00	$7.78	41.39%	40.66%
Sep 17, 2024	Owen Rickert	Northland Securities	$12.50	$8.27	51.15%	59.85%
Jul 26, 2024	Yi Chen	H.C. Wainwright	$16.00	$8.38	90.93%	104.60%
Jun 14, 2024	Shagun Singh	RBC Capital	$15.00	$8.98	67.04%	91.82%
Jan 06, 2023	-	Piper Sandler	$18.00	$14.14	27.30%	130.18%
Apr 28, 2022	Adam Maeder	Piper Sandler	$7.00	$7.14	-1.96%	-10.49%

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The latest Zynex stock forecast, released on Oct 08, 2024 by Shagun Singh from RBC Capital, set a price target of $11.00, which represents a 41.39% increase from the stock price at the time of the forecast ($7.78), and a 40.66% increase from ZYXI last price ($7.82).

Zynex Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	4
Avg Price Target	-	$11.75	$13.63
Last Closing Price	$7.82	$7.82	$7.82
Upside/Downside	-100.00%	50.26%	74.30%

In the current month, the average price target of Zynex stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Zynex's last price of $7.82. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 08, 2024	RBC Capital	Outperform	Outperform	Hold
Sep 05, 2024	H.C. Wainwright	Buy	Buy	Hold
Jul 26, 2024	H.C. Wainwright	Buy	Buy	Hold
Jun 14, 2024	RBC Capital	Outperform	Outperform	Hold
Jan 06, 2023	Sandler O'Neill	-	Overweight	Upgrade
Jan 06, 2023	Piper Sandler	Neutral	Overweight	Upgrade
Apr 28, 2022	Piper Sandler	Neutral	Neutral	Hold

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Zynex's last stock rating was published by RBC Capital on Oct 08, 2024. The company gave ZYXI a "Outperform" rating, the same as its previous rate.

Zynex Financial Forecast

Zynex Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$47.28M	-	$44.95M	$42.17M	$48.80M	$41.52M	$36.76M	$31.08M	$40.37M	$34.79M	$31.02M	$24.13M	$25.61M	$20.03M	$19.26M	$15.23M	$14.16M	$11.82M
Avg Forecast	$80.70M	$72.90M	$71.30M	$65.70M	$66.63M	$61.60M	$57.83M	$53.47M	$53.67M	$50.83M	$51.99M	$47.70M	$54.53M	$49.81M	$44.68M	$39.60M	$49.73M	$41.38M	$36.29M	$30.91M	$41.32M	$35.45M	$31.28M	$23.66M	$25.79M	$21.15M	$19.20M	$14.58M	$13.77M	$10.94M
High Forecast	$81.48M	$73.60M	$71.99M	$66.33M	$67.28M	$62.20M	$58.39M	$53.98M	$54.19M	$50.91M	$51.99M	$48.16M	$55.05M	$49.81M	$45.11M	$39.98M	$50.21M	$41.38M	$36.29M	$30.91M	$41.32M	$35.45M	$31.28M	$23.66M	$25.79M	$21.15M	$19.20M	$14.58M	$13.77M	$10.94M
Low Forecast	$79.65M	$71.95M	$70.37M	$64.85M	$65.77M	$60.80M	$57.08M	$52.77M	$52.97M	$50.75M	$51.99M	$47.08M	$53.82M	$49.81M	$44.10M	$39.09M	$49.08M	$41.38M	$36.29M	$30.91M	$41.32M	$35.45M	$31.28M	$23.66M	$25.79M	$21.15M	$19.20M	$14.58M	$13.77M	$10.94M
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.87%	-	1.01%	1.06%	0.98%	1.00%	1.01%	1.01%	0.98%	0.98%	0.99%	1.02%	0.99%	0.95%	1.00%	1.04%	1.03%	1.08%

Zynex's average Quarter revenue forecast for Mar 24 based on 1 analysts is $47.70M, with a low forecast of $47.08M, and a high forecast of $48.16M. ZYXI's average Quarter revenue forecast represents a 0.88% increase compared to the company's last Quarter revenue of $47.28M (Dec 23).

Zynex EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$2.72M	-	$2.71M	$2.53M	$10.11M	$7.36M	$5.02M	$2.83M	$12.18M	$8.64M	$4.42M	$-594.00K	$2.75M	$1.91M	$4.37M	$2.71M	$3.73M	$2.50M
Avg Forecast	$13.33M	$12.04M	$11.77M	$10.85M	$11.00M	$10.17M	$9.55M	$8.83M	$8.86M	$8.39M	$8.59M	$4.32M	$9.00M	$8.22M	$7.38M	$3.93M	$11.39M	$6.52M	$5.72M	$3.57M	$6.51M	$5.59M	$4.93M	$-792.00K	$4.06M	$3.33M	$3.03M	$1.49M	$2.17M	$1.72M
High Forecast	$13.45M	$12.15M	$11.89M	$10.95M	$11.11M	$10.27M	$9.64M	$8.91M	$8.95M	$8.41M	$8.59M	$5.19M	$9.09M	$8.22M	$7.45M	$4.72M	$13.67M	$6.52M	$5.72M	$4.29M	$6.51M	$5.59M	$4.93M	$-633.60K	$4.06M	$3.33M	$3.03M	$1.79M	$2.17M	$1.72M
Low Forecast	$13.15M	$11.88M	$11.62M	$10.71M	$10.86M	$10.04M	$9.43M	$8.71M	$8.75M	$8.38M	$8.59M	$3.46M	$8.89M	$8.22M	$7.28M	$3.14M	$9.11M	$6.52M	$5.72M	$2.86M	$6.51M	$5.59M	$4.93M	$-950.40K	$4.06M	$3.33M	$3.03M	$1.19M	$2.17M	$1.72M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.30%	-	0.37%	0.64%	0.89%	1.13%	0.88%	0.79%	1.87%	1.55%	0.90%	0.75%	0.68%	0.57%	1.44%	1.82%	1.72%	1.45%

1 analysts predict ZYXI's average Quarter EBITDA for Mar 24 to be $4.32M, with a high of $5.19M and a low of $3.46M. This is 58.85% upper than Zynex's previous annual EBITDA (Dec 23) of $2.72M.

Zynex Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$1.22M	-	$3.35M	$1.57M	$7.45M	$4.87M	$3.35M	$1.38M	$8.89M	$6.11M	$2.81M	$-706.00K	$1.79M	$1.33M	$3.02M	$2.94M	$2.95M	$2.03M
Avg Forecast	$10.91M	$7.70M	$6.74M	$4.17M	$5.99M	$3.96M	$3.32M	$1.93M	$2.89M	$1.82M	$2.46M	$2.10M	$5.45M	$2.99M	$1.44M	$1.91M	$8.32M	$3.83M	$2.33M	$1.74M	$6.27M	$3.58M	$1.93M	$-941.33K	$1.82M	$1.52M	$2.63M	$1.62M	$2.24M	$1.66M
High Forecast	$11.05M	$7.80M	$6.82M	$4.22M	$6.06M	$4.01M	$3.36M	$1.95M	$2.92M	$1.87M	$2.47M	$2.52M	$5.52M	$3.00M	$1.46M	$2.29M	$9.98M	$3.83M	$2.33M	$2.08M	$6.27M	$3.58M	$1.93M	$-753.07K	$1.82M	$1.52M	$2.63M	$1.94M	$2.24M	$1.66M
Low Forecast	$10.73M	$7.57M	$6.62M	$4.10M	$5.89M	$3.89M	$3.26M	$1.89M	$2.84M	$1.76M	$2.45M	$1.68M	$5.36M	$2.99M	$1.42M	$1.53M	$6.65M	$3.83M	$2.33M	$1.39M	$6.27M	$3.58M	$1.93M	$-1.13M	$1.82M	$1.52M	$2.63M	$1.29M	$2.24M	$1.66M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.22%	-	2.32%	0.82%	0.90%	1.27%	1.43%	0.79%	1.42%	1.70%	1.45%	0.75%	0.98%	0.88%	1.15%	1.82%	1.31%	1.23%

Zynex's average Quarter net income forecast for Mar 24 is $2.10M, with a range of $1.68M to $2.52M. ZYXI's average Quarter net income forecast represents a 72.79% increase compared to the company's last Quarter net income of $1.22M (Dec 23).

Zynex SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$34.72M	-	$32.97M	$32.62M	$29.31M	$26.57M	$25.09M	$22.26M	$21.45M	$19.90M	$19.94M	$19.32M	$17.65M	$14.32M	$11.12M	$9.37M	$7.61M	$7.06M
Avg Forecast	$51.20M	$46.25M	$45.24M	$41.68M	$42.28M	$39.08M	$36.69M	$33.92M	$34.05M	$32.25M	$32.99M	$33.93M	$34.59M	$31.60M	$28.35M	$30.85M	$20.05M	$26.25M	$23.03M	$28.04M	$26.22M	$22.49M	$19.85M	$15.01M	$16.36M	$13.42M	$12.18M	$5.15M	$8.74M	$6.94M
High Forecast	$51.70M	$46.70M	$45.67M	$42.09M	$42.68M	$39.46M	$37.05M	$34.25M	$34.38M	$32.30M	$32.99M	$40.72M	$34.93M	$31.60M	$28.62M	$37.02M	$24.07M	$26.25M	$23.03M	$33.65M	$26.22M	$22.49M	$19.85M	$15.01M	$16.36M	$13.42M	$12.18M	$6.18M	$8.74M	$6.94M
Low Forecast	$50.54M	$45.65M	$44.65M	$41.14M	$41.73M	$38.57M	$36.22M	$33.48M	$33.61M	$32.20M	$32.99M	$27.15M	$34.15M	$31.60M	$27.98M	$24.68M	$16.04M	$26.25M	$23.03M	$22.43M	$26.22M	$22.49M	$19.85M	$15.01M	$16.36M	$13.42M	$12.18M	$4.12M	$8.74M	$6.94M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	-	1.16%	1.06%	1.46%	1.01%	1.09%	0.79%	0.82%	0.88%	1.00%	1.29%	1.08%	1.07%	0.91%	1.82%	0.87%	1.02%

Zynex's average Quarter SG&A projection for Mar 24 is $33.93M, based on 1 Wall Street analysts, with a range of $27.15M to $40.72M. The forecast indicates a -2.26% fall compared to ZYXI last annual SG&A of $34.72M (Dec 23).

Zynex EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.04	-	$0.09	$0.04	$0.20	$0.13	$0.09	$0.03	$0.23	$0.16	$0.07	$-0.02	$0.05	$0.04	$0.08	$0.08	$0.08	$0.06
Avg Forecast	$0.34	$0.24	$0.21	$0.13	$0.19	$0.12	$0.10	$0.06	$0.09	$0.06	$0.08	$0.03	$0.17	$0.09	$0.04	$0.01	$0.19	$0.12	$0.07	$0.04	$0.19	$0.11	$0.06	$-0.02	$0.06	$0.05	$0.08	$0.06	$0.07	$0.05
High Forecast	$0.34	$0.24	$0.21	$0.13	$0.19	$0.12	$0.10	$0.06	$0.09	$0.06	$0.08	$0.03	$0.17	$0.09	$0.05	$0.01	$0.19	$0.12	$0.07	$0.04	$0.19	$0.11	$0.06	$-0.02	$0.06	$0.05	$0.08	$0.06	$0.07	$0.05
Low Forecast	$0.33	$0.24	$0.21	$0.13	$0.18	$0.12	$0.10	$0.06	$0.09	$0.06	$0.08	$0.03	$0.17	$0.09	$0.04	$0.01	$0.19	$0.12	$0.07	$0.04	$0.19	$0.11	$0.06	$-0.02	$0.06	$0.05	$0.08	$0.06	$0.07	$0.05
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.21%	-	2.05%	3.21%	1.05%	1.09%	1.24%	0.75%	1.18%	1.44%	1.17%	0.85%	0.85%	0.85%	0.98%	1.41%	1.15%	1.16%

According to 1 Wall Street analysts, Zynex's projected average Quarter EPS for Mar 24 is $0.03, with a low estimate of $0.03 and a high estimate of $0.03. This represents a -6.63% decrease compared to ZYXI previous annual EPS of $0.04 (Dec 23).

Zynex Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
EDAP	EDAP TMS	$2.39	$19.00	694.98%	Buy
OMI	Owens & Minor	$12.41	$30.50	145.77%	Buy
ZYXI	Zynex	$7.82	$14.38	83.89%	Buy
PDCO	Patterson Companies	$20.41	$28.83	41.25%	Buy
HSIC	Henry Schein	$74.84	$77.00	2.89%	Buy
ABC	Cencora	$179.98	$171.00	-4.99%	Buy
MCK	McKesson	$615.65	$538.67	-12.50%	Buy
CAH	Cardinal Health	$118.33	$100.64	-14.95%	Buy

ZYXI Forecast FAQ

Is Zynex a good buy?

Yes, according to 4 Wall Street analysts, Zynex (ZYXI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of ZYXI's total ratings.

What is ZYXI's price target?

Zynex (ZYXI) average price target is $14.38 with a range of $11 to $18, implying a 83.89% from its last price of $7.82. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Zynex stock go up soon?

According to Wall Street analysts' prediction for ZYXI stock, the company can go up by 83.89% (from the last price of $7.82 to the average price target of $14.38), up by 130.18% based on the highest stock price target, and up by 40.66% based on the lowest stock price target.

Can Zynex stock reach $12?

ZYXI's average twelve months analyst stock price target of $14.38 supports the claim that Zynex can reach $12 in the near future.

What are Zynex's analysts' financial forecasts?

Zynex's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $239.53M (high $241.85M, low $236.42M), average EBITDA is $39.55M (high $39.94M, low $39.04M), average net income is $15.19M (high $15.38M, low $14.93M), average SG&A $151.97M (high $153.44M, low $150M), and average EPS is $0.473 (high $0.479, low $0.465). ZYXI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $290.6M (high $293.41M, low $286.82M), average EBITDA is $47.99M (high $48.45M, low $47.36M), average net income is $29.52M (high $29.89M, low $29.02M), average SG&A $184.37M (high $186.15M, low $181.98M), and average EPS is $0.92 (high $0.932, low $0.904).

Did the ZYXI's actual financial results beat the analysts' financial forecasts?

Based on Zynex's last annual report (Dec 2023), the company's revenue was $184.32M, which missed the average analysts forecast of $188.61M by -2.28%. Apple's EBITDA was $15M, missing the average prediction of $28.54M by -47.43%. The company's net income was $9.73M, missing the average estimation of $11.8M by -17.54%. Apple's SG&A was $135.18M, beating the average forecast of $125.39M by 7.81%. Lastly, the company's EPS was $0.27, missing the average prediction of $0.322 by -16.06%. In terms of the last quarterly report (Dec 2023), Zynex's revenue was $47.28M, missing the average analysts' forecast of $54.53M by -13.28%. The company's EBITDA was $2.72M, missing the average prediction of $9M by -69.78%. Zynex's net income was $1.22M, missing the average estimation of $5.45M by -77.73%. The company's SG&A was $34.72M, beating the average forecast of $34.59M by 0.35%. Lastly, the company's EPS was $0.0357, missing the average prediction of $0.17 by -79.00%