NCR Voyix (NYSE:VYX) Price Target Lowered to $12.00 at Needham & Company LLC

NCR Voyix (NYSE:VYX) had its target price lowered by investment analysts at Needham & Company LLC from $15.00 to $12.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price objective suggests a potential upside of 43.66% from the company’s previous close.

VYX has been the topic of several other reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a research note on Monday, December 29th. Zacks Research lowered shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, The Goldman Sachs Group reduced their target price on shares of NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a report on Tuesday, January 13th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, NCR Voyix presently has a consensus rating of “Moderate Buy” and a consensus price target of $15.21.

NCR Voyix Stock Performance

Shares of NCR Voyix stock traded down $0.74 during trading on Thursday, hitting $8.35. 1,506,908 shares of the stock were exchanged, compared to its average volume of 1,797,643. NCR Voyix has a 1-year low of $7.55 and a 1-year high of $14.67. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of -19.18 and a beta of 1.45. The company has a fifty day moving average price of $10.09 and a 200-day moving average price of $11.14. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.30.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. NCR Voyix had a positive return on equity of 5.08% and a negative net margin of 2.15%.The firm had revenue of $720.00 million for the quarter, compared to the consensus estimate of $690.52 million. During the same quarter in the previous year, the business earned $0.22 earnings per share. The business’s revenue was up 5.6% compared to the same quarter last year. NCR Voyix has set its FY 2026 guidance at 0.930-0.960 EPS. As a group, equities analysts predict that NCR Voyix will post -0.86 EPS for the current fiscal year.

Institutional Investors Weigh In On NCR Voyix

Several large investors have recently made changes to their positions in the business. Federated Hermes Inc. purchased a new position in shares of NCR Voyix in the 3rd quarter worth about $28,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of NCR Voyix during the 4th quarter worth approximately $28,000. Kestra Advisory Services LLC bought a new stake in shares of NCR Voyix in the 4th quarter worth approximately $29,000. Parkside Financial Bank & Trust lifted its stake in NCR Voyix by 2,835.0% in the second quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock valued at $41,000 after purchasing an additional 3,402 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in NCR Voyix during the third quarter valued at $56,000. 97.00% of the stock is owned by hedge funds and other institutional investors.

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.