The Goldman Sachs Group Has Lowered Expectations for NCR Voyix (NYSE:VYX) Stock Price

NCR Voyix (NYSE:VYX) had its price objective dropped by equities researchers at The Goldman Sachs Group from $9.75 to $8.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. The Goldman Sachs Group’s price target points to a potential upside of 11.78% from the stock’s previous close.

Several other brokerages have also recently weighed in on VYX. Needham & Company LLC restated a “buy” rating and issued a $14.00 price objective on shares of NCR Voyix in a report on Tuesday, September 29th. Weiss Ratings upgraded NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 4th. Finally, Royal Bank Of Canada increased their price target on NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, NCR Voyix presently has a consensus rating of “Moderate Buy” and an average price target of $12.20.

NCR Voyix Stock Up 0.1%

NCR Voyix stock opened at $7.16 on Tuesday. The company has a market cap of $988.17 million, a P/E ratio of 17.89 and a beta of 1.42. NCR Voyix has a 1-year low of $6.02 and a 1-year high of $12.06. The company has a fifty day simple moving average of $7.84 and a 200 day simple moving average of $7.49. The company has a current ratio of 1.07, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The firm had revenue of $523.00 million for the quarter, compared to analyst estimates of $515.95 million. During the same period in the previous year, the business earned $0.19 EPS. The company’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. Research analysts anticipate that NCR Voyix will post 0.68 earnings per share for the current fiscal year.

Hedge Funds Weigh In On NCR Voyix

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE bought a new position in shares of NCR Voyix during the 2nd quarter worth approximately $8,510,000. BlackRock Inc. acquired a new position in shares of NCR Voyix during the 2nd quarter worth approximately $184,310,000. Masters Capital Management LLC increased its holdings in shares of NCR Voyix by 16.7% during the 1st quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company’s stock worth $22,155,000 after acquiring an additional 500,000 shares during the last quarter. First Trust Advisors LP bought a new stake in NCR Voyix in the 1st quarter valued at $925,000. Finally, Susquehanna Fundamental Investments LLC bought a new stake in NCR Voyix in the 2nd quarter valued at $3,763,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Company Profile

NCR Voyix Corporation (NYSE: VYX) is a global technology company that provides software and services for retailers and restaurants. Its platform is designed to help businesses manage customer interactions, sales, payments, operations and digital commerce across physical and online channels.

The company’s offerings include point-of-sale systems, self-checkout technology, digital ordering and delivery solutions, payment acceptance, loyalty programs, inventory and workforce management, back-office software, and related implementation and support services.