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Zynex ( (ZYXI) ) has provided an announcement.
On June 18, 2025, Zynex, Inc. executed a workforce reduction affecting 86 corporate roles, representing 14% of its total employees, aiming for $5 million in annualized cost savings. The reduction is part of a strategic adjustment in order processing and billing, unrelated to the temporary suspension of payments by Tricare, for which the company has appealed but not yet received a response.
The most recent analyst rating on (ZYXI) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Zynex stock, see the ZYXI Stock Forecast page.
Spark’s Take on ZYXI Stock
According to Spark, TipRanks’ AI Analyst, ZYXI is a Neutral.
Zynex’s overall stock score is primarily affected by its weak financial performance marked by declining revenues, negative margins, and high leverage. Technical indicators and valuation suggest caution. However, the company’s strategic initiatives, including cost reductions and potential new product offerings, provide some optimism for future improvement.
To see Spark’s full report on ZYXI stock, click here.
More about Zynex
Average Trading Volume: 219,591
Technical Sentiment Signal: Sell
Current Market Cap: $75.29M
For detailed information about ZYXI stock, go to TipRanks’ Stock Analysis page.