Varex Imaging Corporation (VREX)
NASDAQ: VREX · Real-Time Price · USD
11.52
-0.50 (-4.16%)
At close: Mar 28, 2025, 4:00 PM
11.89
+0.37 (3.23%)
After-hours: Mar 28, 2025, 4:43 PM EDT

Varex Imaging Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Varex Imaging stock have an average target of 22.5, with a low estimate of 22 and a high estimate of 23. The average target predicts an increase of 95.31% from the current stock price of 11.52.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $22 $22.5 $23 $23
Change +90.97% +95.31% +99.65% +99.65%
* Price targets were last updated on Feb 7, 2025.

Analyst Ratings

The average analyst rating for Varex Imaging stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 111111
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$30$23
Buy Maintains $30$23 +99.65% Feb 7, 2025
B. Riley Securities
B. Riley Securities
Strong Buy
Reiterates
$21$22
Strong Buy Reiterates $21$22 +90.97% Feb 7, 2025
B. Riley Securities
B. Riley Securities
Strong Buy
Initiates
$21
Strong Buy Initiates $21 +82.29% Aug 23, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$42$30
Buy Maintains $42$30 +160.42% Nov 15, 2023
Oppenheimer
Oppenheimer
Buy
Reiterates
$42
Buy Reiterates $42 +264.58% Aug 2, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
843.69M
from 811.00M
Increased by 4.03%
Revenue Next Year
871.68M
from 843.69M
Increased by 3.32%
EPS This Year
0.59
from -1.17
EPS Next Year
0.85
from 0.59
Increased by 44.20%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Oct 2, 2020 Oct 1, 2021 Sep 30, 2022 Sep 29, 2023 Sep 27, 2024 Sep 30, 2025 Sep 30, 2026 Sep 30, 2027
Revenue
738.30M818.10M859.40M893.40M811.00M843.69M871.68M931.97M
Revenue Growth
-5.42%10.81%5.05%3.96%-9.22%4.03%3.32%6.92%
EPS
-1.490.430.731.08-1.170.590.851.06
EPS Growth
--69.77%48.15%--44.20%25.26%
Forward PE
-----19.6213.6010.86
No. Analysts -----774
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 879.7M 923.7M 963.2M
Avg 843.7M 871.7M 932.0M
Low 806.6M 820.7M 891.9M

Revenue Growth

Revenue Growth 202520262027
High
8.5%
9.5%
10.5%
Avg
4.0%
3.3%
6.9%
Low
-0.5%
-2.7%
2.3%

EPS Forecast

EPS 202520262027
High 0.66 1.23 1.37
Avg 0.59 0.85 1.06
Low 0.47 0.52 0.76

EPS Growth

EPS Growth 202520262027
High -
109.2%
61.2%
Avg -
44.2%
25.3%
Low -
-11.9%
-9.7%
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.