Beyond Air (NASDAQ:XAIR) Announces Earnings Results, Misses Estimates By $0.15 EPS

Beyond Air (NASDAQ:XAIR) announced its earnings results on Monday. The company reported ($1.25) EPS for the quarter, missing the consensus estimate of ($1.10) by ($0.15), Zacks reports. Beyond Air had a negative return on equity of 232.61% and a negative net margin of 880.72%. Beyond Air updated its FY 2026 guidance to EPS.

Beyond Air Stock Performance

Shares of NASDAQ XAIR traded down $0.02 during trading hours on Monday, reaching $1.74. The stock had a trading volume of 379,731 shares, compared to its average volume of 1,073,590. The company has a market cap of $13.80 million, a price-to-earnings ratio of -0.15 and a beta of 0.30. Beyond Air has a twelve month low of $1.64 and a twelve month high of $13.52. The business’s fifty day moving average is $2.31 and its two-hundred day moving average is $3.04. The company has a debt-to-equity ratio of 0.92, a current ratio of 3.24 and a quick ratio of 2.71.

Wall Street Analyst Weigh In

XAIR has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Beyond Air in a research report on Wednesday. Wall Street Zen downgraded Beyond Air from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. D. Boral Capital reaffirmed a “buy” rating and issued a $11.00 price target on shares of Beyond Air in a research report on Thursday, August 21st. Finally, D Boral Capital upgraded Beyond Air to a “strong-buy” rating in a report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $11.00.

Hedge Funds Weigh In On Beyond Air

A hedge fund recently raised its stake in Beyond Air stock. Osaic Holdings Inc. lifted its holdings in shares of Beyond Air, Inc. (NASDAQ:XAIR) by 26.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 162,560 shares of the company’s stock after acquiring an additional 34,000 shares during the period. Osaic Holdings Inc. owned approximately 3.11% of Beyond Air worth $29,000 as of its most recent filing with the SEC. 31.50% of the stock is currently owned by institutional investors.

Beyond Air Company Profile

Beyond Air, Inc operates as a commercial-stage medical device and biopharmaceutical company in the United States. The company engages in the development of LungFit platform, a nitric oxide generator and delivery system. It offers LungFit PH for the treatment of persistent pulmonary hypertension of the newborn.