Wall Street Zen downgraded Nyxoah (NASDAQ: NYXH) from hold to sell on August 9, 2026. The rating change follows the company’s second-quarter earnings report released on August 5.
Nyxoah reported a quarterly loss of $0.67 per share. This result missed the consensus analyst estimate of $0.47 per share.
Piper Sandler reiterated an overweight rating for the stock but lowered its price target. Wall Street Zen cited concerns regarding the wider-than-expected loss as the primary driver for the downgrade.