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Accuray ( (ARAY) ) just unveiled an announcement.
On February 2, 2026, Accuray received notice from Nasdaq that its common stock no longer met the exchange’s minimum $1.00 bid price requirement over the prior 30 consecutive business days, putting the company out of compliance with Nasdaq Listing Rule 5550(a)(2). The stock will continue trading under the “ARAY” ticker for now, and the company has until August 3, 2026, to restore its share price to at least $1.00 for ten consecutive business days, with the possibility of an additional 180-day compliance period if it transfers to the Nasdaq Capital Market and meets other listing standards. Failure to regain compliance could ultimately result in delisting, and while Accuray is evaluating options, including a potential reverse stock split, there is no assurance it will satisfy Nasdaq’s continued listing requirements.
The most recent analyst rating on (ARAY) stock is a Hold with a $0.57 price target. To see the full list of analyst forecasts on Accuray stock, see the ARAY Stock Forecast page.
Spark’s Take on ARAY Stock
According to Spark, TipRanks’ AI Analyst, ARAY is a Neutral.
ARAY scores low primarily due to weak and inconsistent financial performance (TTM losses, declining revenue, and high leverage with a thin equity buffer) and bearish technicals (price below all key moving averages with negative MACD). Valuation is constrained by losses (negative P/E), while the earnings call adds some support from orders/backlog and cost actions but is outweighed by the guidance cuts and margin/cash pressure.
To see Spark’s full report on ARAY stock, click here.
More about Accuray
Average Trading Volume: 1,042,341
Technical Sentiment Signal: Sell
Current Market Cap: $85.75M
Learn more about ARAY stock on TipRanks’ Stock Analysis page.