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NXL
Upturn stock ratingUpturn stock rating

Nexalin Technology Inc. (NXL)

Upturn stock ratingUpturn stock rating
$0.96
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

07/03/2025: NXL (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $5

1 Year Target Price $5

Analysts Price Target For last 52 week
$5 Target price
52w Low $0.59
Current$0.96
52w High $4.49

Analysis of Past Performance

Type Stock
Historic Profit 45.18%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 16.49M USD
Price to earnings Ratio -
1Y Target Price 5
Price to earnings Ratio -
1Y Target Price 5
Volume (30-day avg) 1
Beta 4.05
52 Weeks Range 0.59 - 4.49
Updated Date 07/5/2025
52 Weeks Range 0.59 - 4.49
Updated Date 07/5/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.84

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -4903.63%

Management Effectiveness

Return on Assets (TTM) -189.48%
Return on Equity (TTM) -367.74%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 13548559
Price to Sales(TTM) 125.83
Enterprise Value 13548559
Price to Sales(TTM) 125.83
Enterprise Value to Revenue 103.37
Enterprise Value to EBITDA 0.02
Shares Outstanding 17177900
Shares Floating 14715129
Shares Outstanding 17177900
Shares Floating 14715129
Percent Insiders 14.34
Percent Institutions 2.28

ai summary icon Upturn AI SWOT

Nexalin Technology Inc.

stock logo

Company Overview

overview logo History and Background

Nexalin Technology, Inc. is a medical device company focusing on developing and commercializing neurostimulation devices. Founded in 2010, it has focused on creating non-invasive technologies to address mental health issues like anxiety and depression. The company has evolved from initial research and development to clinical trials and seeking regulatory approvals.

business area logo Core Business Areas

  • Neurostimulation Devices: Nexalin develops and markets neurostimulation devices designed to treat anxiety, depression, and insomnia. Their core product is a non-invasive brain stimulation technology.

leadership logo Leadership and Structure

The company is led by a team of executives with experience in medical device development and commercialization. The organizational structure includes departments for research and development, clinical operations, sales, and marketing.

Top Products and Market Share

overview logo Key Offerings

  • Gen-1 and Gen-2 Nexalin Systems: These are non-invasive neurostimulation devices that deliver targeted stimulation to the brain. Market share is small as it is a newer market and product. Competitors include transcranial magnetic stimulation (TMS) devices from companies such as Neuronetics (STIM) and BrainsWay (BWAY).

Market Dynamics

industry overview logo Industry Overview

The neurostimulation market is growing, driven by increasing prevalence of mental health disorders and demand for non-pharmacological treatments. Growth rate is expected to continue at around 7.8% annually with a projected market size of $11 billion USD by 2032. The market includes various technologies like TMS, vagus nerve stimulation (VNS), and transcranial direct current stimulation (tDCS).

Positioning

Nexalin is positioned as a developer of novel neurostimulation technology offering a potentially more convenient and less invasive alternative to existing treatments.

Total Addressable Market (TAM)

The TAM for neurostimulation devices targeting mental health is estimated to be several billion dollars, growing with the increasing awareness and acceptance of non-pharmacological interventions. Nexalin is positioned to capture a share of this market with its proprietary technology but is a smaller player currently.

Upturn SWOT Analysis

Strengths

  • Proprietary neurostimulation technology
  • Non-invasive treatment approach
  • Potential for fewer side effects compared to medication

Weaknesses

  • Limited clinical data compared to established treatments
  • Small market share
  • Dependence on regulatory approvals
  • High cash burn and limited funding.

Opportunities

  • Expansion into new indications (e.g., PTSD, addiction)
  • Partnerships with healthcare providers and research institutions
  • Increased awareness and acceptance of neurostimulation therapies

Threats

  • Competition from established neurostimulation companies
  • Regulatory hurdles and delays
  • Uncertainty regarding long-term efficacy and safety
  • Reimbursement challenges from insurers.

Competitors and Market Share

competitor logo Key Competitors

  • Neuronetics (STIM)
  • BrainsWay (BWAY)
  • LivaNova PLC (LIVN)

Competitive Landscape

Nexalin faces significant competition from larger, more established companies with greater financial resources and broader product portfolios. It must differentiate itself through technological innovation and clinical evidence.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been limited, with modest revenue and consistent losses.

Future Projections: Future growth depends on regulatory approvals, successful commercialization of products, and securing additional funding. Analyst projections are not widely available due to the company's size and stage.

Recent Initiatives: Recent initiatives include pursuing regulatory approvals for its devices and expanding clinical trials.

Summary

Nexalin Technology Inc. is a small, early-stage company developing neurostimulation devices for mental health. The company shows some promise with its proprietary technology and non-invasive approach, but faces significant challenges including limited clinical data, competition from larger players, and dependence on regulatory approvals and additional funding. Its future success hinges on securing approvals, demonstrating clinical efficacy, and attracting more investments.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Market Research Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share data are estimates and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Nexalin Technology Inc.

Exchange NASDAQ
Headquaters Houston, TX, United States
IPO Launch date 2022-09-16
President, CEO, CFO & Director Mr. Mark White
Sector Healthcare
Industry Medical Devices
Full time employees 6
Full time employees 6

Nexalin Technology, Inc. designs and develops neurostimulation products for the treatment of mental health in the United States and China. The company designs and develops Generation 1, an easy-to-administer medical device which utilizes bioelectronic medical technology to treat anxiety, insomnia, and depression without the need for drugs or psychotherapy. It also offers Generation 2 and Generation 3 headset devices for the treatment of depression, substance use disorder, traumatic brain injury, post-traumatic stress disorder, opioid addiction, alcoholism, and chronic pain, as well as alzheimer's disease, and dementia. The company was incorporated in 2010 and is headquartered in Houston, Texas.