FY2026 EPS Estimates for Gaxos.ai Lowered by Zacks Research

Gaxos.ai Inc. (NASDAQ:GXAI) – Analysts at Zacks Research dropped their FY2026 earnings per share estimates for Gaxos.ai in a research note issued to investors on Thursday, March 19th. Zacks Research analyst L. Thompson now forecasts that the company will post earnings per share of ($0.64) for the year, down from their prior estimate of ($0.49).

Gaxos.ai (NASDAQ:GXAI) last issued its quarterly earnings results on Tuesday, March 17th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate 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%.

A number of other research analysts have also recently issued reports on GXAI. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gaxos.ai in a report on Monday, December 22nd. Wall Street Zen lowered Gaxos.ai to a “strong sell” rating in a research note on Saturday, March 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Gaxos.ai has an average rating of “Sell”.

Gaxos.ai Stock Down 2.9%

GXAI stock opened at $1.32 on Monday. The stock has a market capitalization of $9.40 million, a PE ratio of -2.40 and a beta of 1.17. Gaxos.ai has a 52 week low of $1.00 and a 52 week high of $2.96. The firm has a 50 day moving average of $1.31 and a 200 day moving average of $1.40.

Institutional Investors Weigh In On Gaxos.ai

Several hedge funds have recently added to or reduced their stakes in the business. XTX Topco Ltd acquired a new stake in Gaxos.ai during the second quarter worth about $48,000. Two Sigma Investments LP acquired a new position in Gaxos.ai in the third quarter valued at approximately $90,000. Finally, DRW Securities LLC purchased a new stake in Gaxos.ai in the 4th quarter worth approximately $213,000. 42.62% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Gaxos.ai

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.