RxSight Faces Securities Fraud Investigation Following CFO Departure
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 01 2026
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Source: PRnewswire
- Executive Departure: RxSight's CFO Shelley Thunen announced her departure by January 31, 2026, despite early signs of operational improvement, raising concerns about the stability of the company's management team.
- Market Reaction: Following the announcement of Thunen's departure, RxSight's stock price fell by $1.22, or 9.98%, closing at $11.01 per share on December 23, 2025, reflecting investor pessimism regarding the company's future outlook.
- Investigation Initiated: Pomerantz LLP is investigating whether RxSight has engaged in securities fraud or other unlawful business practices, advising investors to contact the firm for information on joining the class action, highlighting serious concerns about the company's compliance.
- Management Challenges: BTIG noted that Thunen's departure coincides with a management reshuffle earlier in the month, indicating ongoing commercial challenges that could delay a broader recovery, despite some recent progress.
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Analyst Views on RXST
Wall Street analysts forecast RXST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RXST is 10.25 USD with a low forecast of 8.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
1 Buy
6 Hold
2 Sell
Hold
Current: 8.910
Low
8.00
Averages
10.25
High
14.00
Current: 8.910
Low
8.00
Averages
10.25
High
14.00
About RXST
RxSight, Inc. is a commercial-stage medical technology company dedicated to providing customized vision to patients following cataract surgery. The Company's proprietary RxSight Light Adjustable Lens system (RxSight system) is commercially available premium cataract technology that enables doctors to customize and optimize visual acuity for patients after surgery. The RxSight system consists of its RxSight Light Adjustable Lens (LAL), the RxSight Light Delivery Device (LDD), and accessories. Its LAL is an intraocular lens (IOL) made of photosensitive material that changes shape in response to specific patterns of ultraviolet (UV) light generated by its LDD. In contrast, with the RxSight system, the surgeon implants the LAL during a standard cataract procedure, determines refractive error with patient input several weeks following surgery and then uses the LDD to modify the LAL with the precise visual correction needed to achieve the patient's desired vision outcomes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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