Accuray Incorporated (ARAY)

NASDAQ: ARAY · IEX Real-Time Price · USD
2.180
-0.020 (-0.91%)
At close: Apr 25, 2024, 4:00 PM
2.230
+0.050 (2.29%)
After-hours: Apr 25, 2024, 6:39 PM EDT
-0.91%
Market Cap 216.19M
Revenue (ttm) 447.48M
Net Income (ttm) -14.55M
Shares Out 99.17M
EPS (ttm) -0.15
PE Ratio n/a
Forward PE 22.78
Dividend n/a
Ex-Dividend Date n/a
Volume 336,583
Open 2.180
Previous Close 2.200
Day's Range 2.140 - 2.210
52-Week Range 2.100 - 4.300
Beta 1.47
Analysts Strong Buy
Price Target 8.25 (+278.44%)
Earnings Date May 1, 2024

About ARAY

Accuray Incorporated designs, develops, manufactures, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the United States, Canada, Latin America, Australia, New Zealand, Europe, the Middle East, India, Africa, Japan, China, and rest of the Asia Pacific region. It offers the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy system used for the treatment of primary and metastatic tumors outside the brain, including tumors on or near the spine and in the breast, kidney,... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Feb 8, 2007
Employees 1,024
Stock Exchange NASDAQ
Ticker Symbol ARAY
Full Company Profile

Financial Performance

In 2023, Accuray's revenue was $447.61 million, an increase of 4.12% compared to the previous year's $429.91 million. Losses were -$9.28 million, 73.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ARAY stock is "Strong Buy." The 12-month stock price forecast is $8.25, which is an increase of 278.44% from the latest price.

Price Target
$8.25
(278.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Accuray Showcases Advances in Radiation Therapy Solutions Designed to Improve the Cancer Treatment Experience at ESTRO 2024

Celebrates 30 Years of Innovation Through Collaboration and the Development of Technologies That Have Helped Set the Standard of Care for the Industry MADISON, Wis. , April 25, 2024 /PRNewswire/ -- Ac...

1 day ago - PRNewsWire

Accuray Expands Global Training Center Network With Opening of New Facility in Genolier, Switzerland

The new center is the most recent addition to the company's existing training hubs in Madison, Wisconsin (U.S.), Tokyo, Japan and Tianjin, China  Each facility offers a range of educational opportunit...

8 days ago - PRNewsWire

Accuray to Report Third Quarter Fiscal 2024 Financial Results on May 1, 2024

MADISON, Wis. , April 17, 2024 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the third quarter of fiscal year 2024, ended March 31, 2024, during a conference ca...

8 days ago - PRNewsWire

New Data from Two Clinical Studies Indicate High-Risk and Recurrent Prostate Cancers Can be Effectively Treated in 5 Days Using the Accuray CyberKnife® System

Data Also Underscores Potential Benefits of CyberKnife System Sub-millimeter Accuracy in Preserving Quality of Life after Treatment for Prostate Cancer MADISON, Wis. , March 26, 2024 /PRNewswire/ -- A...

4 weeks ago - PRNewsWire

Accuray Incorporated to Speak at 36th Annual Roth Conference

Company to Take Part in Fireside Chat Monday, March 18, 2024 at 12:30pm PST / 3:30pm EST MADISON, Wis. , March 4, 2024 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its participa...

7 weeks ago - PRNewsWire

Accuray Incorporated to Speak at Oppenheimer 34th Annual Healthcare MedTech & Services Conference

Company to Take Part in Fireside Chat Tuesday, March 12, 2024 at 7:00am PST / 10:00am EST MADISON, Wis. , Feb. 27, 2024 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its particip...

2 months ago - PRNewsWire

Quebec Cancer Center is First in Canada to Treat Cancer Patients Using the Accuray Radixact® System

Montérégie Integrated Cancer Center, part of Charles-LeMoyne Hospital, is a center of excellence and recognized leader in the treatment of cancer in the province of Quebec The Radixact System is equip...

2 months ago - PRNewsWire

Accuray to Participate in the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference

MADISON, Wis. , Feb. 5, 2024 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its participation in the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference, whic...

2 months ago - PRNewsWire

Accuray Reports Fiscal 2024 Second Quarter Financial Results

19% Order Growth YOY; 8% Service Revenue Expansion; Confirms FY24 Guidance MADISON, Wis. , Jan. 31, 2024 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for the se...

3 months ago - PRNewsWire

Providence Swedish Radiosurgery Center in Seattle Invests in Second Accuray CyberKnife® System, a Robotic Delivery Device That Makes Extremely Precise Radiation Treatments Possible in 1-5 Sessions

New System Will Play a Key Role in Delivering Radiation Treatments in One of the Largest Cancer Facilities in Washington State MADISON, Wis. , Jan. 25, 2024 /PRNewswire/ -- Accuray Incorporated (NASDA...

3 months ago - PRNewsWire

Accuray to Report Second Quarter Fiscal 2024 Financial Results on January 31, 2024

MADISON, Wis. , Jan. 16, 2024 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the second quarter of fiscal year 2024, ended December 31, 2023, during a conference...

3 months ago - PRNewsWire

Accuray Initiates Sales of the VitalHold™ Solution in Japan, Supporting Surface-guided Radiation Therapy on the Radixact® System

MADISON, Wis. , Dec. 5, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the company has initiated sales of the VitalHold™* package supporting surface-guided radiation the...

5 months ago - PRNewsWire

Accuray Reports Fiscal 2024 First Quarter Financial Results

Company Achieves 8% Revenue Growth, Reiterates FY 2024 Guidance MADISON, Wis. , Nov. 7, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for the first quarter ...

6 months ago - PRNewsWire

Accuray to Participate in the 14th Annual Jefferies London Healthcare Conference

MADISON, Wis. , Oct. 31, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its participation in the 14th Annual Jefferies London Healthcare Conference.

6 months ago - PRNewsWire

Accuray to Report First Quarter Fiscal 2024 Financial Results on November 7, 2023

MADISON, Wis. , Oct. 26, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the first quarter of fiscal year 2024, ended September 30, 2023, during a conference...

6 months ago - PRNewsWire

Accuray Announces Approval of the Tomo® C Radiation Treatment Delivery System by China's National Medical Products Administration

MADISON, Wis. , Oct. 3, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the registration dossier for the CNNC-Accuray joint venture Tomo® C radiation therapy system for t...

7 months ago - PRNewsWire

Accuray and Limbus AI Unveil Online Adaptive Therapy Solution for the Radixact® System at American Society for Radiation Oncology (ASTRO) Annual Meeting

MADISON, Wis. , Oct. 2, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the company has a 510(k) pending for an online adaptive therapy option*, Cenos™, for its Radixact ...

7 months ago - PRNewsWire

Accuray Opens New Global Training Center at Madison, WI Headquarters to Advance Radiotherapy Treatment Techniques Amid Growing Demand for Precision Cancer Care

Large classrooms and a hybrid, in-person/remote connection option will make it easier for more care providers to remain current on best practices and innovations in radiation therapy New center is par...

7 months ago - PRNewsWire

Accuray to Host Investor Day at ASTRO on October 3, 2023

MADISON, Wis. , Sept. 14, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the company will host a discussion with analysts and investors on Tuesday, October 3, 2023, in c...

8 months ago - PRNewsWire

Accuray Receives FDA Clearance for VitalHold™ on the Radixact® System; Breast Cancer Treatment Option Will Also Be Available in the EU Market

The Radixact System, with the addition of the VitalHold functionality, provides clinicians with unmatched choice of radiation treatment delivery options in one device Treatment delivery versatility of...

9 months ago - PRNewsWire

Accuray Reports Fourth Quarter and Fiscal 2023 Financial Results

8% Q4 revenue growth; Record shipments for FY23; Company issues guidance for FY24  MADISON, Wis. , Aug. 9, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for...

9 months ago - PRNewsWire

Accuray to Report Fiscal Year-End 2023 Financial Results on August 9, 2023

SUNNYVALE, Calif. , July 26, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the fourth quarter and fiscal year 2023, ended June 30, 2023, during a conferenc...

9 months ago - PRNewsWire

Accuray Incorporated Announces Its Addition to the Russell 2000® Index

SUNNYVALE, Calif. , June 26, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that as part of the annual reconstitution of the Russell stock indexes, the Company will be includ...

10 months ago - PRNewsWire

Cognizant is Partnering with Accuray to Accelerate Corporate Transformation and Drive Operational Efficiency in Their Radiation Therapy Business

Partnership Will Support Accuray with SAP S/4HANA Implementation TEANECK, N.J. , June 21, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced that it is partnering with Accuray Incorporated ...

Other symbols: CTSH
11 months ago - PRNewsWire

Accuray Announces Suzanne Winter Selected as One of the Top 50 Healthcare Technology CEOs of 2023

SUNNYVALE, Calif. , June 15, 2023 /PRNewswire/ -- The global Accuray Incorporated (NASDAQ: ARAY) team is proud to announce that president and CEO Suzanne Winter has been recognized by The Healthcare T...

11 months ago - PRNewsWire