Accuray Incorporated Stock Target Price and Analyst Consensus

ARAY Stock  USD 2.15  0.08  3.59%   
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. 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.
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 projected price volatility of 4.3104.
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 119.7 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 149.3 M in 2024, whereas Total Assets are likely to drop slightly above 394.4 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.
Hype
Prediction
LowEstimatedHigh
0.112.166.47
Details
Intrinsic
Valuation
LowRealHigh
0.183.587.89
Details
Naive
Forecast
LowNextHigh
0.052.356.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.05-0.04-0.03
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.

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Additional Tools for Accuray Stock Analysis

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.