NCR Voyix (NYSE:VYX) Given New $14.00 Price Target at Needham & Company LLC

NCR Voyix (NYSE:VYX) had its price objective lifted by analysts at Needham & Company LLC from $12.00 to $14.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Needham & Company LLC’s target price suggests a potential upside of 47.03% from the company’s current price.

Other research analysts have also issued reports about the company. The Goldman Sachs Group boosted their target price on NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of NCR Voyix in a report on Wednesday, June 24th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $14.00.

NCR Voyix Stock Performance

Shares of NYSE VYX opened at $9.52 on Thursday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.06. The stock has a 50 day moving average price of $7.85 and a 200 day moving average price of $7.82. The stock has a market capitalization of $1.31 billion, a PE ratio of 25.06 and a beta of 1.39. NCR Voyix has a 52 week low of $6.02 and a 52 week high of $13.81.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 earnings per share (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 company had revenue of $523.00 million for the quarter, compared to analysts’ expectations of $518.34 million. During the same quarter in the prior year, the business posted $0.19 EPS. The business’s revenue was down 21.5% compared to the same quarter last year. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Analysts predict that NCR Voyix will post 0.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NCR Voyix

Several institutional investors and hedge funds have recently modified their holdings of VYX. Caitong International Asset Management Co. Ltd bought a new stake in shares of NCR Voyix in the fourth quarter valued at approximately $28,000. Kestra Advisory Services LLC bought a new position in NCR Voyix during the 4th quarter worth $29,000. Parkside Financial Bank & Trust raised its holdings in NCR Voyix by 34.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock valued at $48,000 after acquiring an additional 1,221 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of NCR Voyix by 615.6% during the 4th quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company’s stock valued at $89,000 after acquiring an additional 7,498 shares during the period. Finally, Graham Capital Management L.P. bought a new stake in shares of NCR Voyix during the 4th quarter valued at $128,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

About NCR Voyix

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.