Zynex CFO Dan Moorhead Resigns, Effective August 2025

An announcement from Zynex ( (ZYXI) ) is now available.

Zynex announced the resignation of its Chief Financial Officer, Dan Moorhead, effective August 29, 2025. His departure is not due to any disagreements with the company. To ensure a smooth transition, Moorhead will enter into a consulting agreement to assist with the handover of his responsibilities. The company, led by Chairman and CEO Thomas Sandgaard, along with incoming CEO Steven Dyson and the Board of Directors, will work to appoint a new CFO.

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 is currently facing significant financial difficulties, primarily driven by declining revenues and operating losses. Technical indicators suggest short-term stability, but long-term valuation and earnings outlook remain challenging. Corporate initiatives, including leadership changes, aim to address these issues but have yet to demonstrate substantial impact.

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

More about Zynex

Average Trading Volume: 219,432

Technical Sentiment Signal: Sell

Current Market Cap: $77.41M

For an in-depth examination of ZYXI stock, go to TipRanks’ Overview page.