Nyxoah SA (NYXH) is not a strong buy at the moment for a beginner investor with a long-term strategy. The stock is in a bearish technical trend, and the company's financials show significant losses despite revenue growth. Analyst ratings are mixed, with price targets being lowered recently. Additionally, there are no strong proprietary trading signals or positive catalysts to justify immediate action. Holding off for now is the most prudent decision.
The stock is in a bearish trend with moving averages indicating downward pressure (SMA_200 > SMA_20 > SMA_5). RSI is neutral at 29.099, and MACD is slightly positive but not strong enough to confirm a reversal. Key support levels are at S1: 3.032 and S2: 2.921, with the pre-market price at 2.98 already below S1, suggesting further downside risk.
Revenue growth of 55.77% YoY in Q3
Positive MACD histogram indicates slight bullish momentum.
Pre-market price drop of -3.56%. Significant operating losses of EUR 83.5 million in 2025 and a high cash burn rate. Gross margin decline of -2.31% YoY. Analyst price targets have been consistently lowered in recent updates. Stock trend analysis predicts further declines in the short and medium term.
In Q3 2025, revenue increased by 55.77% YoY to EUR 1.972 million, but net income remains negative at -EUR 23.58 million, albeit improving by 38.23% YoY. EPS improved to -0.63, up 26% YoY. Gross margin dropped to 60.5%, down -2.31% YoY, indicating challenges in cost management.
Analyst ratings are mixed. Stifel maintains a Buy rating but has lowered the price target from $12 to $10, citing equity raise concerns and moving parts. Baird analyst maintains a Neutral rating with a reduced price target of $4.62 from $5.87, reflecting early-stage U.S. rollout challenges.