NCR Voyix (NYSE:VYX) Stock Gets Price Target Cut from The Goldman Sachs Group

Key Points

• Goldman Sachs cut NCR Voyix’s price target from $9.75 to $8.00 while maintaining a “neutral” rating, implying 11.78% upside from the prior close.
• Analyst sentiment remains mixed but broadly positive: NCR Voyix has a consensus “Moderate Buy” rating and an average price target of $12.20, with Buy and Hold ratings split evenly among six analysts.
• The company beat quarterly expectations with adjusted EPS of $0.17 versus $0.15 forecast and revenue of $523 million, although revenue declined 21.5% year over year. Institutional investors own approximately 97% of the stock.

NCR Voyix (NYSE:VYX - Get Free Report) had its target price reduced by The Goldman Sachs Group from $9.75 to $8.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a "neutral" rating on the stock. The Goldman Sachs Group's price objective would indicate a potential upside of 11.78% from the stock's previous close.

Other equities analysts have also issued reports about the company. Needham & Company LLC reiterated a "buy" rating and issued a $14.00 price objective on shares of NCR Voyix in a research report on Tuesday, September 29th. Weiss Ratings upgraded shares of NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, September 4th. Finally, Royal Bank Of Canada raised their target price on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $12.20.

NCR Voyix Stock Performance

VYX stock opened at $7.16 on Tuesday. The business's 50-day moving average price is $7.84 and its two-hundred day moving average price is $7.49. The company has a current ratio of 1.07, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The firm has a market cap of $988.17 million, a PE ratio of 17.89 and a beta of 1.42. NCR Voyix has a 1-year low of $6.02 and a 1-year high of $12.06.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.02. The company had revenue of $523.00 million during the quarter, compared to the consensus estimate of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%. The company's revenue for the quarter was down 21.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.19 earnings per share. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, research analysts forecast that NCR Voyix will post 0.68 earnings per share for the current year.

Hedge Funds Weigh In On NCR Voyix

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of NCR Voyix in the second quarter valued at about $184,310,000. Dimensional Fund Advisors LP grew its holdings in shares of NCR Voyix by 27.0% during the first quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company's stock worth $39,689,000 after buying an additional 1,334,716 shares in the last quarter. Private Management Group Inc. raised its position in NCR Voyix by 14.3% in the 2nd quarter. Private Management Group Inc. now owns 4,329,342 shares of the company's stock valued at $35,371,000 after buying an additional 541,625 shares during the last quarter. Clearline Capital LP raised its position in NCR Voyix by 0.8% in the 4th quarter. Clearline Capital LP now owns 2,790,148 shares of the company's stock valued at $28,460,000 after buying an additional 23,040 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in NCR Voyix by 72.2% in the 2nd quarter. Wellington Management Group LLP now owns 3,301,936 shares of the company's stock valued at $26,977,000 after buying an additional 1,384,935 shares during the last quarter. Institutional investors own 97.00% of the company's stock.

NCR Voyix Company Profile

NCR Voyix Corporation NYSE: VYX is a global technology company that provides software and services for retailers and restaurants. Its platform is designed to help businesses manage customer interactions, sales, payments, operations and digital commerce across physical and online channels.

The company's offerings include point-of-sale systems, self-checkout technology, digital ordering and delivery solutions, payment acceptance, loyalty programs, inventory and workforce management, back-office software, and related implementation and support services.

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