Fintel reports that on April 15, 2025, Piper Sandler initiated coverage of RxSight (NasdaqGM:RXST) with a Neutral recommendation.
Analyst Price Forecast Suggests 193.60% Upside
As of April 2, 2025, the average one-year price target for RxSight is $42.95/share. The forecasts range from a low of $28.28 to a high of $58.80. The average price target represents an increase of 193.60% from its latest reported closing price of $14.63 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for RxSight is 152MM, an increase of 8.94%. The projected annual non-GAAP EPS is -2.00.
What is the Fund Sentiment?
There are 462 funds or institutions reporting positions in RxSight. This is an decrease of 17 owner(s) or 3.55% in the last quarter. Average portfolio weight of all funds dedicated to RXST is 0.17%, an increase of 13.24%. Total shares owned by institutions increased in the last three months by 4.25% to 42,739K shares.
The put/call ratio of RXST is 1.64, indicating a bearish outlook.
What are Other Shareholders Doing?
Ra Capital Management holds 3,743K shares representing 9.24% ownership of the company. In its prior filing, the firm reported owning 3,917K shares , representing a decrease of 4.64%. The firm decreased its portfolio allocation in RXST by 23.81% over the last quarter.
Bank Of America holds 2,160K shares representing 5.33% ownership of the company. In its prior filing, the firm reported owning 1,746K shares , representing an increase of 19.16%. The firm decreased its portfolio allocation in RXST by 13.06% over the last quarter.
Artisan Partners Limited Partnership holds 1,552K shares representing 3.83% ownership of the company. In its prior filing, the firm reported owning 1,170K shares , representing an increase of 24.58%. The firm decreased its portfolio allocation in RXST by 6.64% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,096K shares representing 2.71% ownership of the company. In its prior filing, the firm reported owning 1,109K shares , representing a decrease of 1.19%. The firm decreased its portfolio allocation in RXST by 32.26% over the last quarter.
ARTJX - Artisan International Small-Mid Fund Investor Shares holds 1,024K shares representing 2.53% ownership of the company. In its prior filing, the firm reported owning 759K shares , representing an increase of 25.87%. The firm increased its portfolio allocation in RXST by 3.18% over the last quarter.
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