Zynex (ZYXI) Stock Forecast, Price Target & Predictions
ZYXI Stock Forecast
Zynex stock forecast is as follows: an average price target of $16.33 (represents a 100.37% upside from ZYXI’s last price of $8.15) 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 $16.33 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 $15.00. This represents a potential 100.37% upside from ZYXI's last price of $8.15.
ZYXI Analyst Ratings
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 |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Yi Chen | H.C. Wainwright | $16.00 | $8.38 | 90.93% | 96.32% |
| Jun 14, 2024 | Shagun Singh | RBC Capital | $15.00 | $8.98 | 67.04% | 84.05% |
| Jan 06, 2023 | - | Piper Sandler | $18.00 | $14.14 | 27.30% | 120.86% |
| Apr 28, 2022 | Adam Maeder | Piper Sandler | $7.00 | $7.14 | -1.96% | -14.11% |
The latest Zynex stock forecast, released on Jul 26, 2024 by Yi Chen from H.C. Wainwright, set a price target of $16.00, which represents a 90.93% increase from the stock price at the time of the forecast ($8.38), and a 96.32% increase from ZYXI last price ($8.15).
Zynex Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $16.00 | $15.50 |
| Last Closing Price | $8.15 | $8.15 | $8.15 |
| Upside/Downside | -100.00% | 96.32% | 90.18% |
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 $8.15. 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 |
|---|---|---|---|---|
| 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 |
Zynex's last stock rating was published by H.C. Wainwright on Sep 05, 2024. The company gave ZYXI a "Buy" 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 | $84.40M | $79.03M | $74.38M | $69.07M | $67.77M | $63.39M | $58.62M | $54.25M | $54.43M | $50.99M | $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 | $87.03M | $81.49M | $76.70M | $71.23M | $69.88M | $65.37M | $60.45M | $55.94M | $56.13M | $52.58M | $53.61M | $49.19M | $56.23M | $51.36M | $46.07M | $40.84M | $51.28M | $42.67M | $36.86M | $31.39M | $41.97M | $36.01M | $31.77M | $24.03M | $26.20M | $21.48M | $19.50M | $14.81M | $13.99M | $11.11M |
| Low Forecast | $82.76M | $77.49M | $72.93M | $67.73M | $66.45M | $62.16M | $57.48M | $53.19M | $53.37M | $50.00M | $50.98M | $46.77M | $53.47M | $48.84M | $43.81M | $38.83M | $48.77M | $40.58M | $35.94M | $30.61M | $40.92M | $35.11M | $30.98M | $23.43M | $25.54M | $20.94M | $19.01M | $14.43M | $13.63M | $10.83M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 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 $46.77M, and a high forecast of $49.19M. 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 | 2 | 1 | 1 | 2 | 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 | $13.30M | $12.45M | $11.72M | $10.89M | $10.68M | $9.99M | $9.24M | $8.55M | $8.58M | $8.04M | $8.19M | $4.32M | $8.59M | $7.85M | $7.04M | $3.93M | $7.84M | $6.58M | $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 | $13.72M | $12.84M | $12.09M | $11.23M | $11.01M | $10.30M | $9.53M | $8.82M | $8.85M | $8.29M | $8.45M | $5.19M | $8.86M | $8.09M | $7.26M | $4.72M | $8.08M | $7.90M | $5.81M | $4.29M | $6.61M | $5.68M | $5.01M | $-633.60K | $4.13M | $3.38M | $3.07M | $1.79M | $2.20M | $1.75M |
| Low Forecast | $13.04M | $12.21M | $11.49M | $10.67M | $10.47M | $9.80M | $9.06M | $8.38M | $8.41M | $7.88M | $8.03M | $3.46M | $8.43M | $7.70M | $6.90M | $3.14M | $7.69M | $5.26M | $5.66M | $2.86M | $6.45M | $5.53M | $4.88M | $-950.40K | $4.03M | $3.30M | $3.00M | $1.19M | $2.15M | $1.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.32% | - | 0.39% | 0.64% | 1.29% | 1.12% | 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 | 2 | 1 | 1 | 2 | 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 | $10.31M | $7.73M | $6.44M | $4.51M | $6.23M | $4.51M | $3.54M | $2.47M | $3.76M | $1.93M | $2.47M | $2.10M | $5.47M | $3.01M | $1.45M | $1.91M | $6.12M | $4.65M | $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 | $10.72M | $8.04M | $6.70M | $4.69M | $6.48M | $4.69M | $3.69M | $2.57M | $3.91M | $2.01M | $2.57M | $2.52M | $5.70M | $3.13M | $1.51M | $2.29M | $6.37M | $5.58M | $2.38M | $2.08M | $6.40M | $3.66M | $1.97M | $-753.07K | $1.85M | $1.55M | $2.69M | $1.94M | $2.29M | $1.69M |
| Low Forecast | $10.05M | $7.53M | $6.28M | $4.39M | $6.07M | $4.39M | $3.45M | $2.41M | $3.66M | $1.88M | $2.41M | $1.68M | $5.34M | $2.93M | $1.41M | $1.53M | $5.96M | $3.72M | $2.31M | $1.39M | $6.19M | $3.54M | $1.91M | $-1.13M | $1.79M | $1.50M | $2.60M | $1.29M | $2.22M | $1.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.22% | - | 2.31% | 0.82% | 1.22% | 1.05% | 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 | 2 | 1 | 1 | 2 | 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 | $53.55M | $50.14M | $47.19M | $43.82M | $42.99M | $40.22M | $37.19M | $34.42M | $34.53M | $32.35M | $32.99M | $33.93M | $34.59M | $31.60M | $28.35M | $30.85M | $31.55M | $15.16M | $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 | $55.22M | $51.70M | $48.66M | $45.19M | $44.34M | $41.47M | $38.35M | $35.49M | $35.61M | $33.36M | $34.02M | $40.72M | $35.67M | $32.59M | $29.23M | $37.02M | $32.54M | $18.19M | $23.39M | $33.65M | $26.63M | $22.85M | $20.16M | $15.25M | $16.62M | $13.63M | $12.37M | $6.18M | $8.87M | $7.05M |
| Low Forecast | $52.51M | $49.17M | $46.27M | $42.97M | $42.16M | $39.44M | $36.47M | $33.75M | $33.86M | $31.72M | $32.35M | $27.15M | $33.92M | $30.99M | $27.80M | $24.68M | $30.94M | $12.13M | $22.80M | $22.43M | $25.96M | $22.27M | $19.65M | $14.86M | $16.20M | $13.29M | $12.06M | $4.12M | $8.65M | $6.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.16% | 1.06% | 0.93% | 1.75% | 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 | 2 | 1 | 1 | 2 | 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 | $0.32 | $0.24 | $0.20 | $0.14 | $0.19 | $0.14 | $0.11 | $0.08 | $0.12 | $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 | $0.33 | $0.25 | $0.21 | $0.15 | $0.20 | $0.15 | $0.11 | $0.08 | $0.12 | $0.06 | $0.08 | $0.03 | $0.18 | $0.10 | $0.05 | $0.01 | $0.20 | $0.12 | $0.07 | $0.04 | $0.20 | $0.11 | $0.06 | $-0.02 | $0.06 | $0.05 | $0.08 | $0.06 | $0.07 | $0.05 |
| Low Forecast | $0.31 | $0.23 | $0.19 | $0.14 | $0.19 | $0.14 | $0.11 | $0.07 | $0.11 | $0.06 | $0.07 | $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 | $3.24 | $19.00 | 486.42% | Buy |
| OMI | Owens & Minor | $15.53 | $32.00 | 106.05% | Buy |
| ZYXI | Zynex | $8.15 | $16.33 | 100.37% | Buy |
| PDCO | Patterson Companies | $21.87 | $29.83 | 36.40% | Hold |
| HSIC | Henry Schein | $70.38 | $81.33 | 15.56% | Buy |
| MCK | McKesson | $518.81 | $517.60 | -0.23% | Buy |
| ABC | Cencora | $179.98 | $171.00 | -4.99% | Buy |
| CAH | Cardinal Health | $113.17 | $100.43 | -11.26% | 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 $16.33 with a range of $15 to $18, implying a 100.37% from its last price of $8.15. 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 100.37% (from the last price of $8.15 to the average price target of $16.33), up by 120.86% based on the highest stock price target, and up by 84.05% based on the lowest stock price target.
Can Zynex stock reach $12?
ZYXI's average twelve months analyst stock price target of $16.33 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 $244.02M (high $251.63M, low $239.28M), average EBITDA is $38.46M (high $39.66M, low $37.71M), average net income is $16.75M (high $17.43M, low $16.32M), average SG&A $154.82M (high $159.65M, low $151.81M), and average EPS is $0.52 (high $0.541, low $0.507). ZYXI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $306.88M (high $316.45M, low $300.92M), average EBITDA is $48.36M (high $49.87M, low $47.42M), average net income is $28.98M (high $30.16M, low $28.25M), average SG&A $194.7M (high $200.77M, low $190.92M), and average EPS is $0.9 (high $0.936, low $0.877).
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 $27.41M by -45.28%. The company's net income was $9.73M, missing the average estimation of $11.84M by -17.79%. 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 $8.59M by -68.34%. Zynex's net income was $1.22M, missing the average estimation of $5.47M by -77.81%. 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%