Varex Imaging Corp

Varex Imaging Corp (VREX) Stock Analysis

$18.410

-0.059 (-0.32%)At close

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High
18.480
Open
18.480
VWAP
18.43
Volume
340.50K
Mkt Cap
597.31M
Low
18.410
Amount
6.28M
EV/EBITDA, TTM
8.46

Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Company’s segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.

AI analysis of Varex Imaging Corp (VREX)

Hold

Varex Imaging Corp is currently a hold. The stock is trading at $18.46, which is below the analyst price target of $19, indicating limited upside potential. Additionally, the stock has shown a significant year-to-date change of +58.45%, suggesting it has already appreciated considerably this year. However, the recent acquisition news from Teledyne Technologies, which plans to buy Varex for $18.90 per share, adds a layer of uncertainty as it may limit further price appreciation. The RSI is at 49.32, indicating that the stock is neither overbought nor oversold, suggesting a neutral stance is appropriate at this time.

Analyst Ratings (3)

-7.66% Downside
Buy
2 Buy
0 Hold
1 Sell
Current: 18.41
Low
16.00
Average
17.00
High
18.00

Sidoti

2026-08-10

Price Target

$19

Neutral

B. Riley

2026-02-12

Price Target

$18

Buy

B. Riley

2025-08-08

Price Target

$16

Buy

B. Riley

2025-05-13

Price Target

$12

Buy

B. Riley

2025-05-12

Price Target

$12

Buy

Valuation Metrics

The current forward P/E ratio for Varex Imaging Corp (VREX) is 20.28, compared to its 5-year average forward P/E of 19.85.

Forward P/E

Fair
5Y Average P/E
19.85
Current P/E
20.28
Overvalued
26.65
Undervalued
13.05

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
14.45
Current EV/EBITDA
8.46
Overvalued
40.01
Undervalued
-11.11

Forward P/S

Fair
5Y Average P/S
0.80
Current P/S
0.87
Overvalued
1.03
Undervalued
0.56

Alphio AI Price Scenarios for VREX

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%VREX

$7.77

Scenario price

B

Base

Base · 50%VREX

$6.73

Scenario price

B

Bear

Bear · 25%VREX

$5.95

Scenario price

Whales holding VREX

R

Rice Hall James & Associates, LLC

+ HoldingVREX

-0.61%

3M Return

Events Timeline

2026-08-10 (ET)

17:00:00

Stocks Open Lower as Middle East Uncertainty Grows

16:30:00

Oppenheimer Downgrades Varex Imaging to Perform

12:30:00

Major Averages Mixed at Open Amid Middle East Uncertainty

11:30:00

B. Riley Downgrades Varex Imaging to Neutral, Price Target $18.90

07:00:00

Teledyne Technologies to Acquire Varex Imaging for $18.90 per Share

News

VREX FAQ — answered by Alphio AI

Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Company’s segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals. It operates in the Healthcare sector (ELECTRONIC COMPONENTS, NEC industry).

Varex Imaging Corp is currently a hold. The stock is trading at $18.46, which is below the analyst price target of $19, indicating limited upside potential. Additionally, the stock has shown a significant year-to-date change of +58.45%, suggesting it has already appreciated considerably this year. However, the recent acquisition news from Teledyne Technologies, which plans to buy Varex for $18.90 per share, adds a layer of uncertainty as it may limit further price appreciation. The RSI is at 49.32, indicating that the stock is neither overbought nor oversold, suggesting a neutral stance is appropriate at this time.

3 analysts cover VREX: 2 rate it Buy, 0 Hold and 1 Sell. The average price target is 17.00.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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