Accuray (ARAY) Stock Price, News & Analysis

Company Overview

Accuray Incorporated (NASDAQ: ARAY) is a global medical device company that develops, manufactures and markets innovative radiation therapy solutions for the treatment of cancer. The company’s flagship products include the CyberKnife® System, a robotic radiosurgery platform offering sub-millimeter precision, and the TomoTherapy® System, which combines helical computed tomography (CT) imaging with intensity-modulated radiation therapy (IMRT). More recently, Accuray introduced the Radixact® System, an advanced iteration of its TomoTherapy technology designed to enhance treatment speed and clinical workflow.

Accuray’s suite of products enables clinicians to deliver highly targeted radiation doses while minimizing exposure to surrounding healthy tissue. The CyberKnife platform is widely used for stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT), supporting treatments across a range of tumor types and anatomical sites. The TomoTherapy and Radixact systems incorporate integrated imaging, adaptive planning and dose-shaping capabilities that support daily adjustments in treatment delivery, helping to improve patient outcomes and operational efficiency in oncology centers.

Founded in 1990 and headquartered in Madison, Wisconsin, Accuray serves a broad network of hospitals, cancer centers and research institutions in North America, Europe, Asia-Pacific and other regions. The company maintains additional offices and service centers in locations such as Sunnyvale, California; Milan, Italy; and Singapore to support its global customer base. Since September 2017, Accuray has been led by President and Chief Executive Officer Peter C. Arduini, whose background in medical technology and healthcare operations has guided the company’s focus on product innovation and clinical collaboration.

Key Stats

• Today's Range: $1.49 to $1.52
• 50-Day Range: $1.28 to $1.62
• 52-Week Range: $1.14 to $2.95
• Volume: 53,516 shs
• Average Volume: 757,869 shs
• Market Capitalization: $169.58 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Buy

Accuray Stock Analysis - MarketRank™

Accuray scored higher than 95% of companies evaluated by MarketBeat, and ranked 68th out of 928 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

Accuray has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Accuray has a consensus price target of $5.00, representing about 231.1% upside from its current price of $1.51.

Amount of Analyst Coverage

Accuray has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 1,100.00%

Earnings Growth

Earnings for Accuray are expected to grow by 1,100.00% in the coming year, from $0.01 to $0.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Accuray is -75.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Accuray is -75.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Accuray has a P/B Ratio of 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.08% of the outstanding shares of Accuray have been sold short.

Short Interest Ratio / Days to Cover

Accuray has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Accuray has recently decreased by 3.70%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Accuray does not currently pay a dividend.

Dividend Growth

Accuray does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.6 / 5
• Environmental Score: -0.77

Percentage of Shares Shorted

2.08% of the outstanding shares of Accuray have been sold short.

Short Interest Ratio / Days to Cover

Accuray has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Accuray has recently decreased by 3.70%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.07

News Sentiment

Accuray has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Accuray this week, compared to 3 articles on an average week.

Search Interest

Only 4 people have searched for ARAY on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

MarketBeat Follows

6 people have added Accuray to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Accuray insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.23% of the stock of Accuray is held by insiders.

Percentage Held by Institutions

64.08% of the stock of Accuray is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ARAY Stock Analysis - Frequently Asked Questions

How have ARAY shares performed this year?

Accuray's stock was trading at $1.98 at the beginning of 2025. Since then, ARAY stock has decreased by 23.7% and is now trading at $1.51.

How were Accuray's earnings last quarter?

Accuray Incorporated (NASDAQ:ARAY) released its quarterly earnings results on Wednesday, August, 13th. The medical equipment provider reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.02. The medical equipment provider earned $127.54 million during the quarter, compared to the consensus estimate of $123.78 million. Accuray had a negative net margin of 0.35% and a negative trailing twelve-month return on equity of 4.92%.
Read the conference call transcript.

Does Accuray have any subsidiaries?

Accuray subsidiaries include these companies: Morphormics Inc., TomoTherapy Incorporated, Accuray Accelerator Technology (Chengdu) Company Limited, Accuray Asia Ltd., Accuray Belgium BVBA, Accuray Brasil Comércio, Accuray Cayman Islands, and more.

Who are Accuray's major shareholders?

Top institutional investors of Accuray include Armistice Capital LLC (2.87%), Geode Capital Management LLC (2.15%), TENOR CAPITAL MANAGEMENT Co. L.P. (1.33%) and North Star Investment Management Corp. (1.16%). Insiders that own company stock include Suzanne C Winter, Sandeep Chalke, Joseph E Whitters, Jesse Chew, Michael Hoge, Ali Pervaiz, Patrick Spine and Gina Corradetti.
View institutional ownership trends.

How do I buy shares of Accuray?

Shares of ARAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Accuray own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Accuray investors own include Waste Connections (WCN), American Water Works (AWK), Voyager Therapeutics (vygr), AU Optronics (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 8/13/2025
• Today: 9/08/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: MED INSTRUMENTS
• Sub-Industry: Health Care Equipment
• Current Symbol: NASDAQ:ARAY
• CIK: 1138723
• Web: www.accuray.com
• Phone: (408) 716-4600
• Fax: 408-716-4601
• Employees: 1,040
• Year Founded: 1990

Price Target and Rating

• Average Price Target for Accuray: $5.00
• High Price Target: $5.00
• Low Price Target: $5.00
• Potential Upside/Downside: +231.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 151.00
• P/E Growth: N/A
• Net Income: -$1.59 million
• Net Margins: -0.35%
• Pretax Margin: 0.25%
• Return on Equity: -4.92%
• Return on Assets: -0.58%

Debt

• Debt-to-Equity Ratio: 1.53
• Current Ratio: 1.65
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $458.51 million
• Price / Sales: 0.37
• Cash Flow: $0.04 per share
• Price / Cash Flow: 33.87
• Book Value: $0.72 per share
• Price / Book: 2.10

Miscellaneous

• Outstanding Shares: 112,680,000
• Free Float: 107,911,000
• Market Cap: $170.15 million
• Optionable: Optionable
• Beta: 1.26