Varex Imaging Corporation (VREX)
NASDAQ: VREX · IEX Real-Time Price · USD
15.49
-0.22 (-1.40%)
Jun 11, 2024, 4:00 PM EDT - Market closed
Varex Imaging Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Varex Imaging stock has a target of 30, which predicts an increase of 93.67% from the current stock price of 15.49.
Analyst Consensus: Buy
* Price targets were last updated on Nov 15, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Varex Imaging is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $42 → $30 | Buy | Maintains | $42 → $30 | +93.67% | Nov 15, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $42 | Buy | Reiterates | $42 | +171.14% | Aug 2, 2023 |
| Jefferies | Jefferies | Hold Maintains $22 → $24 | Hold | Maintains | $22 → $24 | +54.94% | May 24, 2023 |
| Jefferies | Jefferies | Hold Initiates $24 | Hold | Initiates | $24 | +54.94% | Oct 12, 2022 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Feb 5, 2021 |
Financial Forecast
Revenue This Year
833.19M
from 893.40M
Decreased by -6.74%
Revenue Next Year
868.17M
from 833.19M
Increased by 4.20%
EPS This Year
0.65
from 1.08
Decreased by -39.87%
EPS Next Year
0.98
from 0.65
Increased by 50.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 858.3M | 905.2M | 943.7M |
| Avg | 833.2M | 868.2M | 916.8M |
| Low | 799.9M | 818.3M | 880.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.9% | 8.6% | 8.7% |
| Avg | -6.7% | 4.2% | 5.6% |
| Low | -10.5% | -1.8% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.68 | 1.16 | 1.08 |
| Avg | 0.65 | 0.98 | 1.05 |
| Low | 0.61 | 0.81 | 1.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -36.8% | 77.9% | 10.4% |
| Avg | -39.9% | 50.8% | 7.3% |
| Low | -43.7% | 25.3% | 3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.