Cantor Fitzgerald maintains Overweight rating on Nyxoah, $3 price target
Cantor Fitzgerald kept its Overweight rating on Nyxoah (NYXH) with a $3 price target, suggesting a 282% upside from the Oct 26 close. The firm cites positive leading indicators, including 80 new trained surgeons and 53 activated accounts in Q3, and the appointment of Liam Kelly as CEO.
How this was made

The 30-second read
Why it matters
The analyst upgrade reinforces confidence despite guidance shortfall.
Market read
Analyst rating and price target provide a fresh catalyst for Nyxoah's stock, potentially driving short‑term buying interest.
What to watch
Potential regulatory or reimbursement hurdles not addressed in the note.
Background
Nyxoah recently reported lower 2026 revenue guidance but highlighted new surgeon training and account activations.
Market effects
Positive rating may lift sentiment in the med‑tech/biotech sector.
Limited to U.S. small‑cap investors.
Low, confined to niche biotech investors.
Counterpoint
The rating could be premature if upcoming clinical data disappoints.
Key entities
- personLiam Kelly
Newly appointed CEO of Nyxoah.
- institutionCantor Fitzgerald
Equity research firm issuing the rating.
