Varex Imaging (VREX) Stock Forecast, Price Target & Predictions
VREX Stock Forecast
Varex Imaging stock forecast is as follows: an average price target of $17.00 (represents a 43.82% upside from VREX’s last price of $11.82) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
VREX Price Target
The average price target for Varex Imaging (VREX) is $17.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $17.00. This represents a potential 43.82% upside from VREX's last price of $11.82.
VREX Analyst Ratings
According to 2 Wall Street analysts, Varex Imaging's rating consensus is 'Buy'. The analyst rating breakdown for VREX stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Varex Imaging Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 28, 2024 | Matthew Taylor | Jefferies | $17.00 | $14.79 | 14.94% | 43.82% |
The latest Varex Imaging stock forecast, released on May 28, 2024 by Matthew Taylor from Jefferies, set a price target of $17.00, which represents a 14.94% increase from the stock price at the time of the forecast ($14.79), and a 43.82% increase from VREX last price ($11.82).
Varex Imaging Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $17.00 |
| Last Closing Price | $11.82 | $11.82 | $11.82 |
| Upside/Downside | -100.00% | -100.00% | 43.82% |
In the current month, the average price target of Varex Imaging stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Varex Imaging's last price of $11.82. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | B. Riley | - | Buy | Initialise |
| May 28, 2024 | Jefferies | Hold | Hold | Hold |
Varex Imaging's last stock rating was published by B. Riley on Aug 23, 2024. The company Initialise its VREX rating from "null" to "Buy".
Varex Imaging Financial Forecast
Varex Imaging Revenue Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $190.00M | $227.40M | $232.20M | $228.20M | $205.60M | $231.40M | $214.50M | $214.70M | $198.80M | $226.30M | $211.20M | $203.50M | $200.10M | $170.00M | $171.20M | $197.00M | - | $202.40M | $196.70M | $195.80M | $185.70M | $204.80M | $191.20M |
| Avg Forecast | $210.00M | $215.00M | $205.00M | $190.00M | $198.55M | $209.50M | $205.15M | $187.97M | $233.38M | $228.57M | $215.70M | $205.68M | $223.28M | $206.80M | $201.83M | $208.27M | $215.49M | $205.15M | $187.30M | $172.10M | $162.10M | $171.10M | $199.89M | $189.16M | $204.14M | $189.41M | $194.76M | $157.13M | $211.86M | $286.80M |
| High Forecast | $213.59M | $218.68M | $208.51M | $193.25M | $202.24M | $213.08M | $208.66M | $188.67M | $234.05M | $232.48M | $219.39M | $209.19M | $227.09M | $206.80M | $203.36M | $209.85M | $217.12M | $206.70M | $188.72M | $173.40M | $163.33M | $172.40M | $201.41M | $190.59M | $205.69M | $190.85M | $196.24M | $188.56M | $254.23M | $344.16M |
| Low Forecast | $205.17M | $210.05M | $200.28M | $185.63M | $194.26M | $204.68M | $200.43M | $187.28M | $232.64M | $223.31M | $210.73M | $200.94M | $218.14M | $206.80M | $200.71M | $207.10M | $214.29M | $204.00M | $186.26M | $171.14M | $161.19M | $170.14M | $198.78M | $188.10M | $203.00M | $188.35M | $193.67M | $125.70M | $169.49M | $229.44M |
| # Analysts | 2 | 2 | 2 | 3 | 4 | 3 | 1 | 2 | 3 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 6 | 3 | 3 | 2 | 2 | 2 | 3 | 7 | 11 | 9 |
| Surprise % | - | - | - | - | - | - | - | 1.01% | 0.97% | 1.02% | 1.06% | 1.00% | 1.04% | 1.04% | 1.06% | 0.95% | 1.05% | 1.03% | 1.09% | 1.16% | 1.05% | 1.00% | 0.99% | - | 0.99% | 1.04% | 1.01% | 1.18% | 0.97% | 0.67% |
Varex Imaging's average Quarter revenue forecast for Mar 24 based on 1 analysts is $205.15M, with a low forecast of $200.43M, and a high forecast of $208.66M. VREX's average Quarter revenue forecast represents a 7.97% increase compared to the company's last Quarter revenue of $190.00M (Dec 23).
Varex Imaging EBITDA Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 4 | 3 | 1 | 2 | 3 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 6 | 3 | 3 | 2 | 2 | 2 | 3 | 7 | 11 | 9 |
| EBITDA | - | - | - | - | - | - | - | $14.70M | $8.20M | $24.20M | $15.10M | $12.90M | $23.50M | $22.90M | $31.40M | $21.10M | $36.20M | $34.30M | $22.60M | $13.40M | $-7.10M | $-22.90M | $14.40M | - | $24.60M | $13.10M | $21.10M | $22.70M | $20.70M | $17.90M |
| Avg Forecast | $11.01M | $11.27M | $10.75M | $9.96M | $10.41M | $10.98M | $15.36M | $9.86M | $12.24M | $11.98M | $13.97M | $10.78M | $31.21M | $10.84M | $12.70M | $24.62M | $28.37M | $19.56M | $14.54M | $81.46M | $-10.22M | $-370.98M | $21.48M | $15.98M | $23.48M | $16.95M | $21.10M | $18.57M | $21.39M | $23.87M |
| High Forecast | $11.20M | $11.46M | $10.93M | $10.13M | $10.60M | $11.17M | $18.44M | $9.89M | $12.27M | $12.19M | $16.76M | $10.97M | $37.45M | $10.84M | $15.24M | $29.54M | $34.05M | $23.48M | $17.44M | $97.75M | $-8.18M | $-296.78M | $25.77M | $19.17M | $28.18M | $20.34M | $25.32M | $22.29M | $25.67M | $28.64M |
| Low Forecast | $10.76M | $11.01M | $10.50M | $9.73M | $10.18M | $10.73M | $12.29M | $9.82M | $12.20M | $11.71M | $11.17M | $10.53M | $24.97M | $10.84M | $10.16M | $19.69M | $22.70M | $15.65M | $11.63M | $65.17M | $-12.27M | $-445.18M | $17.18M | $12.78M | $18.79M | $13.56M | $16.88M | $14.86M | $17.11M | $19.09M |
| Surprise % | - | - | - | - | - | - | - | 1.49% | 0.67% | 2.02% | 1.08% | 1.20% | 0.75% | 2.11% | 2.47% | 0.86% | 1.28% | 1.75% | 1.55% | 0.16% | 0.69% | 0.06% | 0.67% | - | 1.05% | 0.77% | 1.00% | 1.22% | 0.97% | 0.75% |
1 analysts predict VREX's average Quarter EBITDA for Mar 24 to be $15.36M, with a high of $18.44M and a low of $12.29M. This is 4.52% upper than Varex Imaging's previous annual EBITDA (Dec 23) of $14.70M.
Varex Imaging Net Income Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 4 | 3 | 1 | 2 | 3 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 6 | 3 | 3 | 2 | 2 | 2 | 3 | 7 | 11 | 9 |
| Net Income | - | - | - | - | - | - | - | $-500.00K | $31.90M | $9.10M | $4.10M | $3.10M | $13.10M | $8.20M | $7.60M | $1.60M | $8.70M | $12.00M | $3.10M | $-1.30M | $-26.40M | $-28.30M | $-1.90M | - | $8.10M | $-1.40M | $5.80M | $3.00M | - | $3.90M |
| Avg Forecast | $9.27M | $7.83M | $6.59M | $206.00K | $3.12M | $6.49M | $3.96M | $4.22M | $13.39M | $11.33M | $3.60M | $7.42M | $7.50M | $9.61M | $3.27M | $1.63M | $6.82M | $6.84M | $1.99M | $-25.20K | $-38.02M | $-458.46M | $-2.83M | $-1.55M | $7.73M | $-1.81M | $5.80M | $2.45M | $12.59M | $5.20M |
| High Forecast | $9.48M | $8.00M | $6.74M | $210.58K | $3.74M | $6.63M | $4.75M | $4.32M | $14.16M | $11.58M | $4.32M | $7.58M | $9.00M | $9.61M | $3.93M | $1.96M | $8.18M | $8.21M | $2.39M | $-20.16K | $-30.41M | $-366.77M | $-2.27M | $-1.24M | $9.28M | $-1.45M | $6.96M | $2.95M | $15.02M | $6.24M |
| Low Forecast | $8.99M | $7.59M | $6.39M | $199.84K | $2.18M | $6.29M | $3.17M | $4.10M | $12.62M | $10.99M | $2.88M | $7.19M | $6.00M | $9.61M | $2.62M | $1.31M | $5.46M | $5.48M | $1.60M | $-30.24K | $-45.62M | $-550.15M | $-3.40M | $-1.86M | $6.19M | $-2.17M | $4.64M | $1.96M | $10.15M | $4.16M |
| Surprise % | - | - | - | - | - | - | - | -0.12% | 2.38% | 0.80% | 1.14% | 0.42% | 1.75% | 0.85% | 2.32% | 0.98% | 1.28% | 1.75% | 1.55% | 51.59% | 0.69% | 0.06% | 0.67% | - | 1.05% | 0.77% | 1.00% | 1.22% | - | 0.75% |
Varex Imaging's average Quarter net income forecast for Dec 23 is $4.22M, with a range of $4.10M to $4.32M. VREX's average Quarter net income forecast represents a -86.76% decrease compared to the company's last Quarter net income of $31.90M (Sep 23).
Varex Imaging SG&A Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 4 | 3 | 1 | 2 | 3 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 6 | 3 | 3 | 2 | 2 | 2 | 3 | 7 | 11 | 9 |
| SG&A | - | - | - | - | - | - | - | $32.40M | $31.90M | $32.10M | $34.10M | $30.30M | $29.70M | $30.20M | $25.30M | $33.10M | $31.30M | $29.20M | $30.60M | $35.10M | $40.70M | $35.00M | $36.20M | - | $35.80M | $35.20M | $31.10M | $30.80M | $32.10M | $35.20M |
| Avg Forecast | $33.24M | $34.03M | $32.45M | $30.08M | $31.43M | $33.16M | $13.18M | $29.76M | $36.94M | $36.18M | $11.98M | $32.56M | $26.99M | $32.74M | $10.89M | $38.62M | $24.53M | $16.65M | $19.68M | $147.00M | $58.61M | $27.08M | $53.99M | $41.85M | $34.17M | $45.55M | $31.10M | $25.20M | $33.17M | $46.93M |
| High Forecast | $33.81M | $34.62M | $33.01M | $30.59M | $32.01M | $33.73M | $15.81M | $29.87M | $37.05M | $36.80M | $14.37M | $33.11M | $32.38M | $32.74M | $13.07M | $46.34M | $29.44M | $19.99M | $23.62M | $176.40M | $70.33M | $27.29M | $64.79M | $50.22M | $41.01M | $54.66M | $37.32M | $30.24M | $39.80M | $56.32M |
| Low Forecast | $32.48M | $33.25M | $31.70M | $29.38M | $30.75M | $32.40M | $10.54M | $29.65M | $36.83M | $35.35M | $9.58M | $31.81M | $21.59M | $32.74M | $8.71M | $30.89M | $19.63M | $13.32M | $15.75M | $117.60M | $46.89M | $26.93M | $43.19M | $33.48M | $27.34M | $36.44M | $24.88M | $20.16M | $26.54M | $37.55M |
| Surprise % | - | - | - | - | - | - | - | 1.09% | 0.86% | 0.89% | 2.85% | 0.93% | 1.10% | 0.92% | 2.32% | 0.86% | 1.28% | 1.75% | 1.55% | 0.24% | 0.69% | 1.29% | 0.67% | - | 1.05% | 0.77% | 1.00% | 1.22% | 0.97% | 0.75% |
Varex Imaging's average Quarter SG&A projection for Mar 24 is $13.18M, based on 1 Wall Street analysts, with a range of $10.54M to $15.81M. The forecast indicates a -59.33% fall compared to VREX last annual SG&A of $32.40M (Dec 23).
Varex Imaging EPS Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 3 | 4 | 3 | 1 | 2 | 3 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 5 | 5 | 6 | 3 | 3 | 2 | 2 | 2 | 3 | 7 | 11 | 9 |
| EPS | - | - | - | - | - | - | - | $-0.01 | $0.79 | $0.23 | $0.10 | $0.08 | $0.33 | $0.21 | $0.19 | $0.04 | $0.22 | $0.31 | $0.08 | $-0.03 | $-0.66 | $-0.73 | $-0.05 | - | $0.21 | $-0.04 | $0.15 | $0.08 | $0.01 | $0.10 |
| Avg Forecast | $0.23 | $0.19 | $0.16 | $0.01 | $0.08 | $0.16 | $0.20 | $0.10 | $0.33 | $0.28 | $0.15 | $0.18 | $0.33 | $0.23 | $0.22 | $0.24 | $0.33 | $0.27 | $0.17 | $-0.07 | $-0.10 | $-0.01 | $0.35 | $0.26 | $0.44 | $0.31 | $0.34 | $0.18 | $0.31 | $0.68 |
| High Forecast | $0.23 | $0.19 | $0.16 | $0.01 | $0.09 | $0.16 | $0.20 | $0.10 | $0.34 | $0.28 | $0.15 | $0.18 | $0.33 | $0.23 | $0.22 | $0.25 | $0.34 | $0.27 | $0.17 | $-0.07 | $-0.10 | $-0.01 | $0.35 | $0.26 | $0.44 | $0.31 | $0.34 | $0.22 | $0.37 | $0.82 |
| Low Forecast | $0.22 | $0.18 | $0.16 | - | $0.05 | $0.15 | $0.19 | $0.10 | $0.31 | $0.27 | $0.15 | $0.17 | $0.32 | $0.23 | $0.22 | $0.24 | $0.33 | $0.27 | $0.16 | $-0.07 | $-0.10 | $-0.01 | $0.34 | $0.26 | $0.44 | $0.31 | $0.33 | $0.14 | $0.25 | $0.54 |
| Surprise % | - | - | - | - | - | - | - | -0.12% | 2.43% | 0.84% | 0.67% | 0.44% | 1.02% | 0.90% | 0.86% | 0.17% | 0.66% | 1.15% | 0.48% | 0.44% | 6.44% | 73.00% | -0.14% | - | 0.48% | -0.13% | 0.45% | 0.44% | 0.03% | 0.15% |
According to 2 Wall Street analysts, Varex Imaging's projected average Quarter EPS for Dec 23 is $0.10, with a low estimate of $0.10 and a high estimate of $0.10. This represents a -87.03% decrease compared to VREX previous annual EPS of $0.79 (Sep 23).
Varex Imaging Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APYX | Apyx Medical | $1.16 | $8.50 | 632.76% | Buy |
| NVRO | Nevro | $5.79 | $32.99 | 469.78% | Hold |
| CVRX | CVRx | $7.85 | $15.83 | 101.66% | Buy |
| OFIX | Orthofix Medical | $16.76 | $31.00 | 84.96% | - |
| NPCE | NeuroPace | $7.43 | $12.88 | 73.35% | Buy |
| FNA | Paragon 28 | $7.39 | $11.50 | 55.62% | Buy |
| SGHT | Sight Sciences | $6.95 | $10.33 | 48.63% | Hold |
| VREX | Varex Imaging | $11.82 | $17.00 | 43.82% | Buy |
| CNMD | CONMED | $75.40 | $101.00 | 33.95% | Buy |
| SIBN | SI-BONE | $15.73 | $20.00 | 27.15% | Buy |
| KIDS | OrthoPediatrics | $32.28 | $40.80 | 26.39% | Buy |
| IRMD | IRadimed | $48.47 | $60.00 | 23.79% | Buy |
| AORT | Artivion | $25.25 | $30.00 | 18.81% | Buy |
| BRKR | Bruker | $65.66 | $71.67 | 9.15% | Buy |
| ITGR | Integer | $126.78 | $131.00 | 3.33% | Buy |
| GKOS | Glaukos | $126.28 | $101.56 | -19.58% | Buy |
VREX Forecast FAQ
Is Varex Imaging a good buy?
Yes, according to 2 Wall Street analysts, Varex Imaging (VREX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of VREX's total ratings.
What is VREX's price target?
Varex Imaging (VREX) average price target is $17 with a range of $17 to $17, implying a 43.82% from its last price of $11.82. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Varex Imaging stock go up soon?
According to Wall Street analysts' prediction for VREX stock, the company can go up by 43.82% (from the last price of $11.82 to the average price target of $17), up by 43.82% based on the highest stock price target, and up by 43.82% based on the lowest stock price target.
Can Varex Imaging stock reach $20?
VREX's average twelve months analyst stock price target of $17 does not support the claim that Varex Imaging can reach $20 in the near future.
What are Varex Imaging's analysts' financial forecasts?
Varex Imaging's analysts financial forecasts for the fiscal year (Sep 2024) are as follows: average revenue is $801.18M (high $812.66M, low $786.64M), average EBITDA is $46.61M (high $50.1M, low $43.03M), average net income is $17.79M (high $19.44M, low $15.74M), average SG&A $107.53M (high $111.42M, low $103.34M), and average EPS is $0.531 (high $0.556, low $0.494). VREX's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $820M (high $834.02M, low $801.12M), average EBITDA is $42.99M (high $43.73M, low $42M), average net income is $23.9M (high $24.43M, low $23.18M), average SG&A $129.8M (high $132.02M, low $126.82M), and average EPS is $0.58 (high $0.593, low $0.563).
Did the VREX's actual financial results beat the analysts' financial forecasts?
Based on Varex Imaging's last annual report (Sep 2023), the company's revenue was $893.4M, beating the average analysts forecast of $883.32M by 1.14%. Apple's EBITDA was $60.6M, beating the average prediction of $48.97M by 23.75%. The company's net income was $48.2M, beating the average estimation of $35.73M by 34.88%. Apple's SG&A was $128.4M, beating the average forecast of $117.66M by 9.13%. Lastly, the company's EPS was $1.2, beating the average prediction of $0.93 by 29.03%. In terms of the last quarterly report (Dec 2023), Varex Imaging's revenue was $190M, beating the average analysts' forecast of $187.98M by 1.08%. The company's EBITDA was $14.7M, beating the average prediction of $9.86M by 49.16%. Varex Imaging's net income was $-500K, missing the average estimation of $4.22M by -111.84%. The company's SG&A was $32.4M, beating the average forecast of $29.76M by 8.89%. Lastly, the company's EPS was $-0.0123, missing the average prediction of $0.102 by -112.00%