Accuray Incorporated Stock Target Price and Analyst Consensus

ARAY Stock  USD 1.51  0.02  1.34%   
The current analyst and expert consensus on Accuray Incorporated is Strong Buy, with 3 strong buy opinions. The current projected Accuray Incorporated target price consensus is 8.30 with 4 analyst opinions. The most common way Accuray Incorporated analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Accuray Incorporated executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Accuray Incorporated. We encourage you to use your own analysis of Accuray Incorporated to validate this buy or sell advice. Accuray Incorporated buy-or-sell recommendation module provides average expert sentiment on the projected Accuray Incorporated target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Accuray Incorporated to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.
Lowest Forecast
7.55
Highest Forecast
9.21
Target Price
8.3
At this time, Accuray Incorporated's Operating Profit Margin is fairly stable compared to the past year. Gross Profit Margin is likely to rise to 0.43 in 2024, whereas Gross Profit is likely to drop slightly above 118 M in 2024. At this time, Accuray Incorporated's Total Stockholder Equity is fairly stable compared to the past year. Net Debt is likely to rise to about 139.6 M in 2024, whereas Total Assets are likely to drop slightly above 388.6 M in 2024.
  
It's important to approach Accuray Incorporated's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Accuray Incorporated price targets

Accuray Incorporated's stock target price is an estimate of its future price, usually made by analysts. Using Accuray Incorporated's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Accuray Incorporated's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Accuray Incorporated's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Accuray Incorporated Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Accuray Incorporated is a key component of Accuray Incorporated valuation and have some predictive power on the future returns of a Accuray Incorporated.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Accuray Incorporated's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.061.295.92
Details
Intrinsic
Valuation
LowRealHigh
0.163.287.91
Details
Naive
Forecast
LowNextHigh
0.031.666.29
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.040.03-0.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Accuray Incorporated. Your research has to be compared to or analyzed against Accuray Incorporated's peers to derive any actionable benefits. When done correctly, Accuray Incorporated's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Accuray Incorporated.

Trending Themes

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When determining whether Accuray Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Accuray Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Accuray Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Accuray Incorporated Stock:
Check out Macroaxis Advice on Accuray Incorporated to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Accuray Stock please use our How to Invest in Accuray Incorporated guide.
Note that the Accuray Incorporated information on this page should be used as a complementary analysis to other Accuray Incorporated's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Accuray Incorporated's price analysis, check to measure Accuray Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Accuray Incorporated is operating at the current time. Most of Accuray Incorporated's value examination focuses on studying past and present price action to predict the probability of Accuray Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Accuray Incorporated's price. Additionally, you may evaluate how the addition of Accuray Incorporated to your portfolios can decrease your overall portfolio volatility.
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The data published in Accuray Incorporated's official financial statements usually reflect Accuray Incorporated's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Accuray Incorporated. For example, before you start analyzing numbers published by Accuray accountants, it's critical to develop an understanding of what Accuray Incorporated's liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of Accuray Incorporated's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Accuray Incorporated's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Accuray Incorporated's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Accuray Incorporated. Please utilize our Beneish M Score to check the likelihood of Accuray Incorporated's management manipulating its earnings.