Piper Sandler lowered the firm’s price target on Beyond Air (XAIR) to $5 from $20 and keeps an Overweight rating on the shares following quarterly results. The firm says that the incremental updates are modest, with management reiterating confidence in its $12M-$16M revenue guidance and referenced multiple areas that could serve as the necessary FY26 catalysts.
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Read More on XAIR:
- Beyond Air Reports Strong Revenue Growth in Q1 2026
- Beyond Air reports Q1 EPS ($1.53) vs. ($5.32) last year
- Beyond Air backs FY26 revenue view $12M-$16M, consensus $15.95M
- Beyond Air (XAIR) Q1 Earnings Cheat Sheet
- Beyond Air’s Growth Potential Bolstered by Strategic Agreements and Financial Positioning