Nanox Imaging Reports Q1 2025 Financial Results and FDA Clearance

Nano-X Imaging ( (NNOX) ) has issued an announcement.

On May 22, 2025, Nanox Imaging Ltd announced its financial results for the first quarter ending March 31, 2025, reporting a revenue increase to $2.8 million from $2.6 million in the previous year. The company highlighted its recent FDA 510(k) clearance for the Nanox.ARC X system, a significant milestone in its mission to improve access to medical imaging technology. Despite a net loss of $13.2 million, Nanox continues to focus on expanding its commercial reach through strategic agreements and aims to deploy over 100 units worldwide by the end of 2025. The company’s teleradiology services have shown steady revenue growth, attributed to customer retention and increased service volumes.

The most recent analyst rating on (NNOX) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Nano-X Imaging stock, see the NNOX Stock Forecast page.

Spark’s Take on NNOX Stock

According to Spark, TipRanks’ AI Analyst, NNOX is a Neutral.

Nano-X Imaging’s stock score is primarily influenced by its financial performance, which shows strong revenue growth but significant challenges in profitability and cash flow generation. The technical analysis suggests a neutral outlook with mild bullish signals, while the valuation is hampered by a negative P/E ratio and lack of dividends. These factors collectively contribute to a lower overall stock score, highlighting the need for improved operational efficiency and cost management.

To see Spark’s full report on NNOX stock, click here.

More about Nano-X Imaging

Nanox Imaging Ltd, listed on NASDAQ as NNOX, is a medical imaging technology company focused on transitioning the world to preventive healthcare. The company offers affordable medical imaging technologies based on advanced AI and proprietary digital X-ray sources, aiming to expand the reach of its technology both within and beyond hospital settings.

Average Trading Volume: 1,398,274

Technical Sentiment Signal: Strong Sell

Current Market Cap: $350.1M

For detailed information about NNOX stock, go to TipRanks’ Stock Analysis page.