Varex Imaging Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Varex Imaging stock has a consensus rating of "Buy" and an average price target of $18.8. The average 1-year stock price forecast is 86.32% higher than the current stock price, while the lowest is $16 (+58.57%) and the highest is $22 (+118.04%).

Price Target: $18.8 (+86.32%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$18.8	$18	$22
Change	+58.57%	+86.32%	+78.39%	+118.04%

Analyst Ratings

The average analyst rating for Varex Imaging stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anderson Schock B. Riley Securities	B. Riley Securities	Buy Reiterates $18	Buy	Reiterates	$18	+78.39%	May 29, 2026
Suraj Kalia Oppenheimer	Oppenheimer	Buy Maintains $18	Buy	Maintains	$18	+78.39%	May 8, 2026
James Sidoti Sidoti	Sidoti	Buy Maintains $22	Buy	Maintains	$22	+118.04%	Jan 14, 2026

Financial Forecast

Revenue This Year

871.04M

from 844.60M

3.13%

from 844.60M

Revenue Next Year

904.82M

from 871.04M

3.88%

from 871.04M

EPS This Year

0.78

from 0.90

-13.56%

from 0.90

EPS Next Year

1.06

from 0.78

36.76%

from 0.78

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Oct 1, 2021	Sep 30, 2022	Sep 29, 2023	Sep 27, 2024	Oct 3, 2025	Sep 30, 2026
Revenue	818.10M	859.40M	893.40M	811.00M	844.60M	871.04M
Revenue Growth	10.81%	5.05%	3.96%	-9.22%	4.14%	3.13%
Gross Profit	271.70M	283.50M	290.30M	256.90M	290.50M	292.89M
Gross Margin	33.21%	32.99%	32.49%	31.68%	34.39%	33.63%
Operating Income	75.10M	90.00M	77.10M	32.10M	66.10M	80.23M
Net Income	17.40M	30.30M	47.40M	-48.80M	-70.30M	9.88M
EPS	-	-	-	-	0.90	0.78
EPS Growth	-	-	-	-	63.64%	-13.56%
Forward PE	21.54	15.90	13.82	21.77	15.56	12.97
Free Cash Flow	84.13M	-32.93M	105.18M	26.29M	39.53M	8.10M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	875.2M
Avg	871.0M
Low	865.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	3.6%
Avg	3.1%
Low	2.5%

EPS Forecast

EPS	2026	2027	2028
High	0.95
Avg	0.78
Low	0.26

EPS Growth

EPS Growth	2026	2027	2028
High	5.6%
Avg	-13.6%
Low	-71.1%