NCR Voyix (VYX) AI Stock Analysis

• Market Cap: $1.68B
• Dividend Yield: N/A
• Average Volume (3M): 1.79M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: -50.48%
• EPS Growth: -15.75%
• Country: US
• Employees: 14,000
• Sector: Technology
• Sector Strength: 84
• Industry: Information Technology Services
• EPS (TTM): 0.09
• Shares Outstanding: 137,751,970
• 10 Day Avg. Volume: 1,637,676
• 30 Day Avg. Volume: 1,785,315
• PEG Ratio: -1.13
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 28.04
• Enterprise Value/Market Cap: 3.61
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 9.27
• Enterprise Value/Ebitda: 8.98
• 1Y Price Target: $13.00
• Price Target Upside: 9.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 52 Neutral
• Price Target: $12.50 ▲(4.87%Upside)

The overall stock score is primarily influenced by financial instability and valuation concerns. While technical analysis shows positive momentum, it is tempered by overbought signals. Earnings call sentiment is mixed, with cost efficiencies offset by revenue declines and tariff challenges.

Positive Factors

Customer Growth

VYX added 215 new customers in the quarter, grew platform sites 27% Y/Y and payment sites 7% Y/Y.

Financial Performance

VYX posted 1Q results which came in better than expected.

Strategic Partnerships

Expectations for both VCP and the Worldpay partnership to go live later this year should help with cross/upsell opportunities into 2026.

Negative Factors

Hardware Revenue

Hardware revenue continues to decline quite significantly (-29% Y/Y in 1Q), but these declines are expected.

Supply Chain Challenges

The Ennoconn ODM agreement is taking longer than expected to become operational.

Tariff Impact

VYX expects an $8-12 million revenue headwind from China-related tariffs.

NCR Voyix Business Overview & Revenue Model

Company Description

NCR Corporation provides various software and services in the United States, Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Retail, Hospitality, Digital Banking, Payments & Network, and Self-Service Banking segments. It offers managed services, including ATM-as-a-Service solutions that allow banks to run their end-to-end ATM channels; software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers. The company also provides solutions for banking channel services, transaction processing, imaging, and branch services. In addition, it offers solutions for retail industry comprising comprehensive API-point of sale (POS) retail software platforms and applications, hardware terminals and peripherals, payment processing solutions, and consumer engagement solutions, as well as self-service kiosks, which consists of self-checkout (SCO). Further, the company provides technology solutions to customers in the hospitality industry comprising table-service, quick-service, and fast casual restaurants. It also offers cloud-based and cloud-enabled software applications for point-of-sale, back office, payment processing, kitchen production, restaurant management, eCommerce, and consumer marketing and loyalty; and hospitality-oriented hardware products, such as POS terminals, kitchen display systems, handheld devices, printers, and peripherals. Additionally, the company provides managed network and infrastructure services to enterprise clients, as well as professional, field, and remote services for network technologies. It also offers solutions for customer account opening and onboarding across digital, branch, and call center channels. NCR Corporation was founded in 1881 and is headquartered in Atlanta, Georgia.

How the Company Makes Money

NCR Voyix generates revenue through a combination of product sales, software licensing, and service contracts. The company sells hardware such as point-of-sale terminals and self-service kiosks directly to businesses in its targeted sectors. Additionally, it earns money from software licensing fees, providing digital banking and payment processing solutions. Service contracts for maintenance, support, and system integration also contribute to its revenue stream. Significant partnerships with banks, retailers, and hospitality enterprises bolster its market presence and facilitate ongoing revenue generation through long-term agreements.

NCR Voyix Financial Statement Overview

Summary

VYX exhibits severe volatility in revenue and profitability with operational inefficiencies and high leverage presenting risks. Cash flow issues and low equity ratios suggest financial instability, despite a strong ROE driven by non-sustainable factors.

Income Statement

VYX's revenue growth has been volatile, with a noticeable decline from $7.84 billion in 2022 to $2.89 billion TTM. The gross profit margin is moderate at 22.6% TTM, and the net profit margin is unusually high at 34.0% due to a one-time gain or accounting change. EBIT and EBITDA margins are weak at 1.5% and 9.9%, respectively, indicating operational inefficiencies.

Balance Sheet

The balance sheet reveals a high debt burden with a debt-to-equity ratio of 1.56 TTM, indicating potential leverage risks. The equity ratio is concerning at 19.8%, reflecting low equity compared to total assets. ROE is strong at 114.5% TTM, but this is skewed by the high net income in TTM, which may not be sustainable.

Cash Flow

Cash flow analysis shows negative operating cash flow of -$139 million TTM, suggesting cash management issues. The free cash flow to net income ratio is negative, indicating poor conversion of income to cash. The operating cash flow to net income ratio is also negative, highlighting liquidity challenges.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.89B	2.83B	3.83B	7.84B	7.16B	6.21B
	Gross Profit
653.00M	579.00M	962.00M	1.86B	1.89B	1.52B
	EBIT
43.00M	-37.00M	37.00M	489.00M	474.00M	221.00M
	EBITDA
285.00M	256.00M	530.00M	783.00M	455.00M	528.00M
	Net Income Common Stockholders
981.00M	943.00M	-423.00M	60.00M	97.00M	-79.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
573.00M	724.00M	262.00M	505.00M	447.00M	338.00M
	Total Assets
4.34B	4.45B	4.99B	11.51B	11.64B	8.41B
	Total Debt
1.34B	1.35B	2.89B	6.02B	5.95B	3.60B
	Net Debt
767.00M	622.00M	2.63B	5.51B	5.50B	3.27B
	Total Liabilities
3.48B	3.25B	4.69B	9.75B	10.11B	7.09B
	Stockholders Equity
857.00M	1.21B	301.00M	1.75B	1.53B	1.32B
Cash Flow		Free Cash Flow
-334.00M	-349.00M	317.00M	70.00M	729.00M	378.00M
	Operating Cash Flow
-139.00M	-132.00M	694.00M	447.00M	1.08B	641.00M
	Investing Cash Flow
19.00M	2.19B	-290.00M	-387.00M	-2.83B	-277.00M
	Financing Cash Flow
-1.71B	-1.56B	-839.00M	1.00M	2.18B	-514.00M

NCR Voyix Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.92
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VYX, the sentiment is Positive. The current price of 11.92 is above the 20-day moving average (MA) of 11.06, above the 50-day MA of 9.72, and below the 200-day MA of 12.11, indicating a neutral trend. The MACD of 0.52 indicates Negative momentum. The RSI at 67.45 is Neutral, neither overbought nor oversold. The STOCH value of 86.81 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for VYX.

NCR Voyix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TASK	81 Outperform	$1.49B	28.07	11.35%	―	14.05%	17.90%
FORTY	71 Outperform	$1.67B	20.24	12.47%	1.74%	3.51%	18.34%
NABL	71 Outperform	$1.56B	93.57	2.20%	―	7.98%	-40.59%
FLYW	71 Outperform	$1.26B	385.82	0.63%	―	20.97%	―
Sector *	62 Neutral	$11.93B	10.60	-7.51%	3.00%	7.40%	-8.09%
PSFE	57 Neutral	$764.81M	39.11	-0.04%	―	3.50%	95.90%
VYX	52 Neutral	$1.68B	―	-19.49%	―	-50.48%	-15.75%

NCR Voyix Corporate Events

NCR Voyix Holds Annual Stockholders Meeting

On June 6, 2025, NCR Voyix Corporation held its Annual Meeting of Stockholders where key decisions were made regarding the company’s governance and financial oversight. During the meeting, nine directors were elected, executive compensation was approved on a non-binding advisory basis, and PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the year ending December 31, 2025. These decisions reflect the company’s commitment to maintaining strong leadership and financial integrity, potentially impacting its operational strategies and stakeholder confidence.

The most recent analyst rating on (VYX) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on NCR Voyix stock, see the VYX Stock Forecast page.

NCR Voyix Reports Q1 2025 Financial Results

NCR Voyix reported its first quarter 2025 financial results, showing a revenue of $617 million, a decrease from $710 million in the previous year. Despite a net loss of $20 million, this was an improvement from the $71 million loss in the prior year. The company achieved an adjusted EBITDA of $75 million, up from $63 million, and maintained its full-year 2025 outlook. Key developments included signing new customers, expanding existing relationships, and progressing on payments and hardware agreements. The company also repurchased $62 million in common shares and expanded its share repurchase program to $200 million, now including Series A preferred stock.