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Upturn AI Summary - About
Nano X Imaging Ltd(NNOX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NNOX
11/09/2026: NNOX (1-star) is currently NOT-A-BUY. Pass it for now.
Nano-X Imaging is a medical technology company focused on disrupting the diagnostic imaging market with its proprietary, semiconductor-based cold-cathode X-ray technology. The company has a leading position in developing affordable imaging solutions, bolstered by its AI-driven diagnostic software, Nanox.AI. Its primary investment story hinges on successfully deploying the Nanox.ARC system at scale in underserved global markets. However, it faces significant risks from established, deep-pocketed competitors, regulatory hurdles, and execution challenges as it shifts from R&D to commercialization. The stock is best suited for growth-oriented investors with a high tolerance for volatility and a long-term horizon, as developments in hardware deployment and market adoption remain key catalysts to monitor.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high-growth potential in medical technology but carries significant execution and binary risks. |
| Momentum investor | Mixed fit | The stock experiences significant volatility which may attract momentum traders during periods of positive news flow. |
| Value investor | Weak fit | The company is not currently profitable, making traditional value metrics like P/E inapplicable. |
| Dividend investor | Weak fit | The company does not pay dividends and is focused on capital-intensive growth. |
| Low-risk investor | Weak fit | The high volatility and early-stage status make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to significant price swings driven by clinical and regulatory updates. |
| Valuation risk | High | As a pre-profit company, valuation is highly sensitive to future growth assumptions. |
| Competition risk (imaging giants) | High | Incumbents like GE and Siemens have significant resources and market share advantages. |
| Business quality | Medium | The technological innovation is promising but the commercial franchise is still unproven. |
| Dividend income | Low / none | No income is expected for the foreseeable future. |
| Execution risk | High | Scaling the manufacturing and global deployment of the Nanox.ARC is a complex, multi-year challenge. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -37.57% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 18.91M USD | Price to earnings Ratio - | 1Y Target Price 4.13 |
Price to earnings Ratio - | 1Y Target Price 4.13 | ||
Volume (30-day avg) 923.4K shares | Beta 1.36 | 52 Weeks Range 0.21 - 4.71 | Updated Date 11/08/2026 |
52 Weeks Range 0.21 - 4.71 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.72 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Nanox.ARC Hardware | Leasing and selling digital X-ray systems. | Revenue depends on successful hardware installation. |
| Service & AI | Teleradiology and AI diagnostic fees. | Recurring revenue from image analysis and remote readings. |
Valuation
Trailing PE - | Forward PE - | Enterprise Value -4.38M | Price to Sales(TTM) 1.21 |
Enterprise Value -4.38M | Price to Sales(TTM) 1.21 | ||
Enterprise Value to Revenue 0.05 | Enterprise Value to EBITDA -7.41 | Shares Outstanding 78.75M | Shares Floating 62.92M |
Shares Outstanding 78.75M | Shares Floating 62.92M | ||
Percent Insiders 9.21 | Percent Institutions 11.96 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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