Varex Imaging Corporation (VREX)
NASDAQ: VREX · IEX Real-Time Price · USD
14.76
-0.30 (-1.99%)
Jul 17, 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 103.25% from the current stock price of 14.76.

Analyst Consensus: Buy
Target Low Average Median High
Price $30 $30 $30 $30
Change +103.25% +103.25% +103.25% +103.25%
* 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000000
Buy 111111
Hold 111110
Sell 000000
Strong Sell 000000
Total 222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$42$30
Buy Maintains $42$30 +103.25% Nov 15, 2023
Oppenheimer
Oppenheimer
Buy
Reiterates
$42
Buy Reiterates $42 +184.55% Aug 2, 2023
Jefferies
Jefferies
Hold
Maintains
$22$24
Hold Maintains $22$24 +62.60% May 24, 2023
Jefferies
Jefferies
Hold
Initiates
$24
Hold Initiates $24 +62.60% Oct 12, 2022
Oppenheimer
Oppenheimer
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Feb 5, 2021
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
780.60M738.30M818.10M859.40M893.40M833.19M868.17M916.78M
Revenue Growth
0.93%-5.42%10.81%5.05%3.96%-6.74%4.20%5.60%
EPS
0.40-1.490.430.731.080.650.981.05
EPS Growth
-44.44%--69.77%47.95%-39.87%50.78%7.29%
Forward PE
-----22.7315.0714.05
No. Analysts -----663
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
-3.9%
8.6%
8.7%
Avg
-6.7%
4.2%
5.6%
Low
-10.5%
-1.8%
1.5%

EPS Forecast

EPS 202420252026
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 202420252026
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.