VRAY Stock Price Targets and Analyst Ratings

ViewRay doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. As Warren Buffett has famously said, “If you’re not willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.” The best way to realize gains in the… One share of VRAY stock can currently be purchased for approximately $3.54. A $226B Copper Spending JackpotOn November 15, 2021, President Biden signed the biggest infrastructure spending bill of all time.

According to analysts’ consensus price target of $6.75, ViewRay has a forecasted upside of 90.7% from its current price of $3.54. In the last two years, ViewRay’s EBITDA has decreased from $-108.20M to $-97.56M – a 9.83% drop. The next year looks promising for ViewRay, with analysts predicting EBITDA of $-101.70M – an increase of 4.24%. Over the next nine years, experts anticipate that ViewRay’s EBITDA will grow at a rate of 4.10%. In the last two years, ViewRay’s Free Cash Flow has fallen from $-87.33M to $-63.65M – a 27.12% decrease.

Cowen and Company and Stifel acted as the underwriters for the IPO and BTIG and Brean Capital were co-managers. ViewRay issued an update on its FY 2023 earnings guidance on Monday, February, 27th. The company issued revenue guidance of $127.76 million-$143.09 million, compared to the consensus revenue estimate of $136.01 million. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. ViewRay has a short interest ratio (“days to cover”) of 10.4, which indicates bearish sentiment. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock.

ViewRay Stock Forecast for 2026

Viewray reported an EPS of -$0.15 in its last earnings report, beating expectations of -$0.158. Following the earnings report the stock price went down -3.571%. The company reported -$0.15 earnings per share for the quarter, beating the consensus estimate of -$0.158 by $0.008. According to our research, VRAY stock is a very good long-term investment. VRAY share price has been in a bull cycle for the past year. Tickergate does not provide financial advices and does not issue recommendations or offers to buy stocks of sell any securities.

• The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries.
• This estimation is based on a high estimate of $10.00 and a low estimate of $7.00.
• Zacks provides the average brokerage recommendation for thousands of stocks for most of the leading investment web sties.
• In the last two years, ViewRay’s Free Cash Flow has fallen from $-87.33M to $-63.65M – a 27.12% decrease.
• StockForecast is not a personal financial advisor and does not make recommendations or offers to buy or sell securities or currencies.

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. ViewRay reports Q4 EPS , consensus Reports Q4 revenue $34.7M, consensus $33.89M. ViewRay had total cash and cash equivalents of $142.5M at December 31,… In 2025, VRAY is forecast to generate -$38,179,122 in earnings, with the lowest earnings forecast at -$38,179,122 and the highest earnings forecast at -$38,179,122. If ViewRay Inc takes out the full calculated possible swing range there will be an estimated 9.54% move between the lowest and the highest trading price during the day. This stock may move much during the day and with a large prediction interval from the Bollinger Band this stock is considered to be “high risk”.

ViewRay Stock Forecast, Price Target & Prediction (VRAY)

Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence . Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

During the last day, the stock moved $0.135 between high and low, or 3.87%. For the last week, the stock has had daily average volatility of 6.45%. There is no support from accumulated volume below today’s level and given the right condition the stock may perform very badly in the next couple of days. World’s first MRIdian center at Barnes-Jewish Hospital continues to lead the way for advanced precision cancer therapy with MRI-guided radiation DENVER , March 2, 2023 /PRNewswire/ — ViewRay, Inc. (N…

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. ViewRay’s stock is owned by a variety of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (9.19%), Neuberger Berman Group LLC (5.44%), Group One Trading L.P. (0.00%), Susquehanna International Group LLP (0.00%), Geode Capital Management LLC (1.50%) and Silverarc Capital Management LLC (1.33%).

Oppenheimer Keeps Their Buy Rating on Viewray (VRAY)

That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table. Forecst.com predicts future values using technical analysis of a large number of analytical parameters. VRAY stock returns are also predicted based on historical data. Tickergate is an advanced stock research & comparison platform for informed data-driven investment decisions.

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year.

Firstly a stronger fallrate is indicated, but false breaks and “sell-off” may occur. However, a further fall is realistic and any reactions back to the breaking point ($3.81) are considered to be a “second chance” to get out. According to the fan-theory $3.12 will represent the new bottom line of the next trend, but it is far too early to say this for certain. Intraday Data provided by FACTSET and subject to terms of use.

Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Based on short-term price targets offered by seven analysts, the average price target for ViewRay comes to $7.14. The average price target represents an increase of 101.69% from the last closing price of $3.54. A price target is a stock market term used by investors and analysts to indicate the level at which they believe a stock will trade. The price target is based on several factors, including a company’s earnings, revenue, and valuation. Determining a price target can be tricky, as it is an estimate and not always accurate.

ViewRay’s average quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. VRAY’s average quarter net income forecast represents a NaN% decrease compared to the company’s last quarter net income of $NaN . ViewRay’s average annual net income forecast for undefined is $NaN, with a range of $NaN to $NaN.

The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger nadex review is nadex a scam or legit forex broker percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank.

The company was founded by Dinara Akzhigitova in 2004 and is headquartered in Oakwood Village, OH. Real-time analyst ratings, insider transactions, earnings data, and more. ViewRay’s stock was trading at $4.48 at the beginning of 2023. Since then, VRAY shares have decreased by 21.0% and is now trading at $3.54. ViewRay, Inc. designs, manufactures and markets magnetic resonance imaging system.

Broker Rating

According to 2 wall street analysts, ViewRay’s rating consensus is ‘Buy’. The analyst rating breakdown for VRAY stock is 0 ‘Strong Buy’ (0.00%), 2 ‘Buy’ (100.00%), 0 ‘Hold’ (0.00%), 0 ‘Sell’ (0.00%), and 0 ‘Strong Sell’ (0.00%). On average, 4 Wall Street analysts forecast VRAY’s revenue for 2024 to be $31,353,240,082, with the lowest VRAY revenue forecast at $28,707,063,344, and the highest VRAY revenue forecast at $33,616,171,162.

ViewRay’s EPS has decreased In the last two years, from $-1.12 to $-0.67 – a 40.18% drop. In the next year, analysts predict that EPS will reach $-0.83 – an increase of 23.78%. For the next nine years, the forecast is for EPS to grow by 25.08%.

EPS Growth

The ViewRay Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $3.76 and $4.35. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 02, 2023, and so far it has fallen -25.63%.

According to undefined Wall Street analysts, ViewRay’s projected average quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to VRAY previous annual EPS of $NaN . Based on 8 analysts giving stock ratings to VRAY in the past 3 months. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.

The average price target for ViewRay is $6.25 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $4.00. This represents a potential 76.55% upside from VRAY’s last price of $3.54. In a report released today, Marie https://day-trading.info/ Thibault from BTIG reiterated a Buy rating on Viewray (VRAY – Research Report), with a price target of $7.00. The company’s shares closed yesterday at $4.45.According to TipRanks, Thibault… The best way to use analyst ratings is to supplement your investment research.

Undefined analysts predict VRAY’s average annual Ebitda for undefined to be $NaN, with a high of $NaN and a low of $NaN. ViewRay Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate. Raised $52 million in an initial public offering on the week of April 6th 2015. The company issued 4,000,000 shares at a price of $12.00-$14.00 per share.