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Needham & Company LLC Boosts NCR Voyix (NYSE:VYX) Price Target to $14.00

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Key Points

  • Needham raised NCR Voyix’s price target from $12 to $14 and maintained a “buy” rating, implying approximately 47% upside from the prior close.
  • NCR Voyix reported quarterly EPS of $0.17, beating the $0.15 analyst consensus, while revenue of $523 million also exceeded estimates; however, revenue declined 21.5% year over year.
  • Analyst sentiment is broadly positive, with five buy ratings, two holds and one sell, resulting in a “Moderate Buy” consensus rating and a $14 average target price. Institutional investors own approximately 97% of the company.
  • Five stocks to consider instead of NCR Voyix.

NCR Voyix (NYSE:VYX - Get Free Report) had its price target lifted by equities research analysts at Needham & Company LLC from $12.00 to $14.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Needham & Company LLC's price objective would indicate a potential upside of 47.03% from the stock's previous close.

Several other research analysts also recently commented on the company. The Goldman Sachs Group lifted their price target on NCR Voyix from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Monday, May 11th. Weiss Ratings restated a "sell (d)" rating on shares of NCR Voyix in a research note on Wednesday, June 24th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $14.00.

Get Our Latest Analysis on VYX

NCR Voyix Stock Up 7.2%

NCR Voyix stock opened at $9.52 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.06 and a quick ratio of 0.91. NCR Voyix has a fifty-two week low of $6.02 and a fifty-two week high of $13.81. The firm has a fifty day moving average price of $7.85 and a two-hundred day moving average price of $7.82. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 25.06 and a beta of 1.39.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. NCR Voyix had a return on equity of 11.38% and a net margin of 2.20%.The business had revenue of $523.00 million for the quarter, compared to analyst estimates of $518.34 million. During the same period in the previous year, the company posted $0.19 earnings per share. The firm's revenue for the quarter was down 21.5% on a year-over-year basis. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, analysts forecast that NCR Voyix will post 0.67 earnings per share for the current year.

Institutional Investors Weigh In On NCR Voyix

A number of institutional investors have recently bought and sold shares of the business. Parkside Financial Bank & Trust grew its holdings in shares of NCR Voyix by 34.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company's stock worth $48,000 after buying an additional 1,221 shares in the last quarter. Optimize Financial Inc lifted its stake in NCR Voyix by 1.5% in the 4th quarter. Optimize Financial Inc now owns 105,516 shares of the company's stock valued at $1,076,000 after acquiring an additional 1,516 shares in the last quarter. Swiss National Bank lifted its stake in NCR Voyix by 0.6% in the 3rd quarter. Swiss National Bank now owns 253,659 shares of the company's stock valued at $3,183,000 after acquiring an additional 1,600 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in NCR Voyix by 15.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 14,883 shares of the company's stock worth $152,000 after acquiring an additional 2,017 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of NCR Voyix by 15.6% during the 4th quarter. Hsbc Holdings PLC now owns 15,611 shares of the company's stock worth $159,000 after acquiring an additional 2,103 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Company Profile

(Get Free Report)

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.

See Also

Analyst Recommendations for NCR Voyix (NYSE:VYX)

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