Varex Imaging Corporation (VREX)
NASDAQ: VREX · Real-Time Price · USD
16.41
+0.99 (6.42%)
Nov 21, 2024, 2:38 PM EST - Market open
Varex Imaging Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Varex Imaging stock has a target of 21, which predicts an increase of 27.97% from the current stock price of 16.41.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 23, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Varex Imaging is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $21 | Strong Buy | Initiates | $21 | +27.97% | Aug 23, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $42 → $30 | Buy | Maintains | $42 → $30 | +82.82% | Nov 15, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $42 | Buy | Reiterates | $42 | +155.94% | Aug 2, 2023 |
| Jefferies | Jefferies | Hold Maintains $22 → $24 | Hold | Maintains | $22 → $24 | +46.25% | May 24, 2023 |
| Jefferies | Jefferies | Hold Initiates $24 | Hold | Initiates | $24 | +46.25% | Oct 12, 2022 |
Financial Forecast
Revenue This Year
820.79M
from 893.40M
Decreased by -8.13%
Revenue Next Year
843.23M
from 820.79M
Increased by 2.73%
EPS This Year
0.46
from 1.08
Decreased by -57.84%
EPS Next Year
0.68
from 0.46
Increased by 50.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 848.5M | 883.4M | 919.1M |
| Avg | 820.8M | 843.2M | 881.8M |
| Low | 784.1M | 799.6M | 840.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -5.0% | 7.6% | 9.0% |
| Avg | -8.1% | 2.7% | 4.6% |
| Low | -12.2% | -2.6% | -0.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.51 | 0.77 | 1.23 |
| Avg | 0.46 | 0.68 | 1.03 |
| Low | 0.42 | 0.58 | 0.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -53.3% | 68.1% | 79.6% |
| Avg | -57.8% | 50.0% | 51.1% |
| Low | -61.3% | 26.6% | 24.7% |
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.