RXST
INSIDER SELLRxSight, Inc.
Research: Finviz ↗·Perplexity ↗
No convergence signal this quarter — shown because tracked funds have filed 13D/G on this stock.
News Summary
NegativeRxSight reported Q2 2026 revenue of $33.7M (including $6.5M from new Alcon collaboration), but underlying product sales declined 18.7% year-over-year in the first half of 2026, prompting a leadership transition and full-year guidance withdrawal. The company faces margin pressure from higher inventory costs and softer adoption trends, with analyst downgrades to 'Sell' and consensus price targets around $8 reflecting diminished near-term prospects.
Red flags
- •H1 2026 product sales down 18.7% YoY ($58.1M vs. prior year $71.5M)
- •CEO departure and leadership transition (July 2026) signaling instability
- •Full-year 2026 guidance withdrawn pending strategic review
- •Gross margin pressure: excluding Alcon, Q2 margin fell to 71.2% from 74.9% YoY
- •Multiple analyst downgrades (Morgan Stanley to Equalweight, Wall Street Zen to Sell)
- •Consensus price target ~$8 reflecting reduced investor confidence
Insider Activity
Fund 13D/13G Filings (1)
Tracked funds' beneficial-ownership filings on this stock — disclosed within days of a position change, fresher than the quarterly 13F. Since Filing compares the stock to SPY from the filing date (shown for filings within the last 90 days).