VIEWRAY INC (VRAY) Forecast, Price Target & Analyst Ratings

NASDAQ:VRAYUS92672L1070

Current stock price

0.025 USD
-0.02 (-39.9%)
At close:
0.0251 USD
+0 (+0.4%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for VIEWRAY INC (VRAY).

Forecast Snapshot

Consensus Price Target

Price Target
$1.22
+ 4,796.00% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Oct 30, 2023
Period
Q2 / 2023
EPS Estimate
-$0.15
Revenue Estimate
20.208M

ChartMill Buy Consensus

Rating
73.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.22
Upside
+ 4,796.00%
From current price of $0.03 to mean target of $1.22, Based on 12 analyst forecasts
Low
$1.01
Median
$1.02
High
$2.10

Price Target Revisions

1 Month
0.00%
3 Months
-63.08%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for VRAY. The average price target is 1.22 USD. This implies a price increase of 4796% is expected in the next year compared to the current price of 0.025.
The average price target has been revised downward by 63.08% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

VRAY Current Analyst RatingVRAY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

VRAY Historical Analyst RatingsVRAY Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
73.33%
VRAY was analyzed by 12 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about VRAY.
In the previous month the buy percentage consensus was at a similar level.
VRAY was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-05-11B. Riley SecuritiesDowngrade Buy -> Neutral
2023-05-11Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2023-04-24Piper SandlerMaintains Overweight
2023-04-17JefferiesDowngrade Buy -> Hold
2023-04-14BTIGDowngrade Buy -> Neutral
2023-04-14OppenheimerDowngrade Outperform -> Perform
2023-04-14StifelDowngrade Buy -> Hold
2023-04-14Morgan StanleyMaintains Equal-Weight
2023-02-28OppenheimerReiterate Outperform
2022-11-18Morgan StanleyMaintains Equal-Weight
2022-11-02Morgan StanleyMaintains Equal-Weight
2022-11-02Piper SandlerMaintains Overweight
2022-10-11Morgan StanleyMaintains Equal-Weight
2022-08-03Piper SandlerMaintains Overweight
2022-06-24BTIGMaintains Buy
2022-05-09Morgan StanleyMaintains Equal-Weight
2022-05-06Piper SandlerMaintains Overweight
2022-01-25StifelInitiate Buy
2022-01-11B. Riley SecuritiesUpgrade Neutral -> Buy
2021-05-07GuggenheimUpgrade Neutral -> Buy
2021-03-26BTIGUpgrade Neutral -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Oct 30, 2023
Period
Q2 / 2023
EPS Estimate
-$0.15
Revenue Estimate
20.208M
Revenue Q2Q
-8.76%
EPS Q2Q
-0.86%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-17.24%
EPS (1 Month)
0.00%
EPS (3 Months)
1.11%

Next Earnings Summary

VRAY is expected to report earnings on 10/30/2023. The consensus EPS estimate for the next earnings is -0.15 USD and the consensus revenue estimate is 20.21M USD.
The next earnings revenue estimate has been revised downward by 17.24% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
VRAY revenue by date.VRAY revenue by date.
57.02M
-35.04%
70.119M
22.97%
102.206M
45.76%
93.575M
-8.44%
128.32M
37.13%
172.78M
34.65%
EBITDA
YoY % growth
VRAY ebitda by date.VRAY ebitda by date.
-99.56M
14.28%
-97.665M
1.90%
-100.389M
-2.79%
-81.887M
18.43%
-68.487M
16.36%
-49.252M
28.08%
EBIT
YoY % growth
VRAY ebit by date.VRAY ebit by date.
-105.98M
12.27%
-103.649M
2.20%
-105.311M
-1.60%
-103.712M
1.52%
-82.85M
20.12%
-70.171M
15.30%
Operating Margin
VRAY operating margin by date.VRAY operating margin by date.
-185.86%-147.82%-103.04%-110.83%-64.57%-40.61%
EPS
YoY % growth
VRAY eps by date.VRAY eps by date.
-0.74
34.51%
-0.67
9.46%
-0.58
13.43%
-0.50
12.95%
-0.35
30.30%
-0.26
26.09%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth
-0.15
-0.86%
-0.14
-2.00%
-0.13
11.60%
-0.14
12.87%
-0.13
12.36%
-0.12
14.29%
-0.12
12.82%
Revenue
Q2Q % growth
20.208M
-8.76%
23.408M
-11.63%
25.778M
-25.69%
21.215M
-5.85%
23.524M
16.41%
27.579M
17.82%
28.965M
12.36%
EBITDA
Q2Q % growth
-38.593M
-52.36%
-35.324M
-75.42%
-40.129M
-90.86%
-18.591M
35.16%
-15.746M
59.20%
-11.255M
68.14%
-9.097M
77.33%
EBIT
Q2Q % growth
-26.208M
6.31%
-24.059M
-0.60%
-22.571M
13.01%
-23.907M
19.32%
-23.45M
10.52%
-21.322M
11.38%
-20.385M
9.69%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

VRAY Yearly Revenue VS EstimatesVRAY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
VRAY Yearly EPS VS EstimatesVRAY Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 -0.2 -0.4 -0.6 -0.8 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
15.77%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
18.71%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
15.77%
EBIT Next 5 Year
N/A

VIEWRAY INC / VRAY Forecast FAQ

Can you provide the average price target for VIEWRAY INC stock?

12 analysts have analysed VRAY and the average price target is 1.22 USD. This implies a price increase of 4796% is expected in the next year compared to the current price of 0.025.

Can you provide the upcoming earnings date for VIEWRAY INC?

VIEWRAY INC (VRAY) will report earnings on 2023-10-30, after the market close.

Can you provide the consensus estimates for VIEWRAY INC next earnings?

The consensus EPS estimate for the next earnings of VIEWRAY INC (VRAY) is -0.15 USD and the consensus revenue estimate is 20.21M USD.

Can you provide the expected long term growth rate for VIEWRAY INC stock?

The expected long term growth rate for VIEWRAY INC (VRAY) is 18.71%.