Varex Imaging Corporation (VREX)
NASDAQ: VREX · Real-Time Price · USD
12.54
-0.06 (-0.48%)
At close: Oct 22, 2024, 4:00 PM
12.45
-0.09 (-0.72%)
After-hours: Oct 22, 2024, 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 25.5, with a low estimate of 21 and a high estimate of 30. The average target predicts an increase of 103.35% from the current stock price of 12.54.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 23, 2024.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
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 | +67.46% | Aug 23, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $42 → $30 | Buy | Maintains | $42 → $30 | +139.23% | Nov 15, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $42 | Buy | Reiterates | $42 | +234.93% | Aug 2, 2023 |
| Jefferies | Jefferies | Hold Maintains $22 → $24 | Hold | Maintains | $22 → $24 | +91.39% | May 24, 2023 |
| Jefferies | Jefferies | Hold Initiates $24 | Hold | Initiates | $24 | +91.39% | 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.