
Gaxos.ai Inc. (NASDAQ:GXAI – Free Report) – Investment analysts at Zacks Research lowered their FY2026 earnings per share (EPS) estimates for Gaxos.ai in a research report issued to clients and investors on Thursday, March 19th. Zacks Research analyst L. Thompson now anticipates that the company will earn ($0.64) per share for the year, down from their prior estimate of ($0.49).
Gaxos.ai (NASDAQ:GXAI – Get Free Report) last posted its quarterly earnings data on Tuesday, March 17th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.03. The business had revenue of $1.24 million during the quarter. Gaxos.ai had a negative return on equity of 27.61% and a negative net margin of 203.88%.
Read Our Latest Stock Analysis on Gaxos.ai
Gaxos.ai Stock Performance
Gaxos.ai stock opened at $1.32 on Monday. The stock has a market capitalization of $9.40 million, a P/E ratio of -2.40 and a beta of 1.17. The company’s fifty day moving average price is $1.31 and its 200 day moving average price is $1.40. Gaxos.ai has a 1 year low of $1.00 and a 1 year high of $2.96.
Institutional Trading of Gaxos.ai
Large investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd purchased a new stake in shares of Gaxos.ai in the second quarter valued at about $48,000. Two Sigma Investments LP purchased a new stake in shares of Gaxos.ai during the 3rd quarter valued at approximately $90,000. Finally, DRW Securities LLC purchased a new stake in shares of Gaxos.ai during the 4th quarter valued at approximately $213,000. 42.62% of the stock is currently owned by hedge funds and other institutional investors.
Key Gaxos.ai News
Here are the key news stories impacting Gaxos.ai this week:
- Positive Sentiment: Gaxos.ai was reported to have beaten forecasts and both of its businesses outperformed, a fundamental upside that can support the stock. Gaxos.AI beats forecasts
- Positive Sentiment: Coverage and momentum drove a prior intraday surge (reported as a >13% move), indicating investor interest when results or news are perceived positively. Why did GXAI surge?
- Neutral Sentiment: Short interest reporting for March shows an anomalous entry (0 shares, NaN change) and a 0.0 days-to-cover figure based on average volume — the data is noisy and not clearly informative about current short pressure.
- Neutral Sentiment: Market notices that an earnings announcement was expected/posted around the quarter-end; routine timing can create volatility but isn’t new news by itself. Earnings timing
- Negative Sentiment: Gaxos.ai increased the capacity on its at-the-market (ATM) equity offering, raising the maximum aggregate offering price of common stock — this expands the company’s ability to issue shares and is typically viewed as dilutive, pressuring the stock. ATM offering capacity increase
- Negative Sentiment: Analyst projections from Zacks show continued quarterly losses (multiple quarters at roughly ($0.15)–($0.20) and FY2027 at ($0.62)), reinforcing a narrative of ongoing negative earnings and limited near-term profitability. This can weigh on investor appetite for the equity.
Gaxos.ai Company Profile
Gaxos.ai Inc engages in developing artificial intelligence applications for various sectors. Its portfolio includes applications in mental and physical wellbeing, coaching, and gaming. In addition, it offers Gaxos, a gaming platform develop, design, acquire, and manage conventional games and combine these games with unconventional game mechanisms. The company was formerly known as The NFT Gaming Company, Inc and changed its name to Gaxos.ai Inc in January 2024. Gaxos.ai Inc was incorporated in 2021 and is based in Roseland, New Jersey.
Further Reading
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