RxSight, Inc.

RxSight, Inc.

RXST·NASDAQ

$4.79

-2.3%
HealthcareMedical - Devices

RxSight, Inc., a medical technology company, engages in the research and development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery in the United States and internationally. It offers RxSight system that enables doctors to customize and enhance the visual acuity for patients after cataract surgery. The company's RxSight system includes RxSight light delivery device, an office-based light treatment device that delivers UV light in a programmed pattern to modify the LAL based on the visual correction needed to achieve desired vision after cataract surgery. It primarily serves cataract doctors. The company was formerly known as Calhoun Vision, Inc. and changed its name to RxSight, Inc. in February 2017. RxSight, Inc. was incorporated in 1997 and is headquartered in Aliso Viejo, California.

At a Glance

Live Snapshot
Market Cap$198.29M
EPS-0.9500
P/E Ratio-5.04
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -5.0).

Valuation inputs: P/E -5.0, earnings yield N/A, momentum -2.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -14.1%, ROIC -16.8%).

Profitability stack: net margin -29.0%, ROE -14.1%, ROIC -16.8%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +11.6%, momentum -2.3%, net margin -29.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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RxSight, Inc. Market vs Earnings Trajectory

RXST · NASDAQ

Loading price and EPS data...

RxSight, Inc.

RxSight, Inc. Fair Value Envelope

RXST · NASDAQ

Our analysis suggests that RXST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.79, this represents a potential HIDDEN relative to our calculated worth for RxSight, Inc..

Intrinsic Value
Current Price: $4.79
3Y-61.0%
5Y-628.0%
10Y-200.0%
3Y+174.0%
5Y+816.0%
10Y+5901.0%
3Y-42.0%
5Y-241.0%
10Y-131.0%
3Y-74.0%
5Y-56.0%
10Y-62.0%
3Y-68.0%
5Y-49.0%
10Y-57.0%
3Y+108.0%
5Y+210.0%
10Y+182.0%
RxSight, Inc.

RxSight, Inc. Profit Bridge

RXST · NASDAQ
Revenue134.48M
Cost of Goods Sold (31.47M)
Gross Profit103.01M
Operating Expenses (151.20M)
Operating Income-48.19M
Interest Expense (40.00K)
Other Income/Expense9.31M
Pretax Income-38.88M
Income Tax (66.00K)
Net Income-38.94M
Net Income
-38.94M

Profitability Analysis

Gross Margin

76.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-35.8%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-29.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

76.60%
Gross Profit Margin
8%
3Y+76.0%
5Y+559.0%
10Y-194.0%
-35.84%
Operating Profit Margin
36%
3Y-72.0%
5Y-85.0%
10Y-98.0%
-28.96%
Net Profit Margin
48%
3Y-79.0%
5Y-115.0%
10Y-101.0%
-14.13%
Return on Equity
45%
3Y-81.0%
5Y+52.0%
10Y-66.0%
-12.49%
Return on Assets
45%
3Y-72.0%
5Y-146.0%
10Y-111.0%
-16.81%
Return on Invested Capital
34%
3Y-64.0%
5Y-57.0%
10Y-62.0%
RXST

RxSight, Inc. Cash Conversion Engine

RXST · NASDAQ
Net Income0.00
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital-4.89M
Others-10.62M
Capital Expenditures-3.83M
Free Cash Flow-19.34M

Cash Flow Quality Analysis

CapEx Intensity

-24.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+13.6%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$4.89M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

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RxSight, Inc. Funding & Solvency Profile

RXST · NASDAQ
Cash & Cash Equivalents17.57M
Net Receivables22.44M
Inventory34.87M
Other Current Assets4.03M
Total Current Assets279 M
Property, Plant & Equipment22.99M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets1.78M
Total Non-Current Assets25 M
Total Assets
303.99M

Financial Health Analysis

Current Ratio

10.20x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.14x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

252 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

92% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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RxSight, Inc. Street Expectations Map

RXST · NASDAQ

Wall Street analysts project that RXST stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 10.33, with estimates ranging from a low of 9.00 to a high of 11.00.

Lowest Target
9.00
87.89%
Consensus Target
10.33
115.66%
Highest Target
11.00
129.65%

The consensus 1-year price target stands at 10.33, with estimates ranging from a low of 9.00 to a high of 11.00.

Analyst Consensus Analysis

Upside Potential

+115.7%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

19.4% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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RxSight, Inc. Insider Positioning

RXST · NASDAQ

During the last 12 months, insiders have purchased $34K worth of RXST shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

8.3K

34.48K

Sold

0

0.00

Net Activity

+34K

+$34K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
GI

Goldshleger Ilya

Officer: See Remarks

8.3K shares1 transactions

$34K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $34K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

No Dividend Yield Data

RXST has not reported any dividend yield values in the available annual periods.

 

rxst Dividend History

RXST
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%