NCR Voyix (VYX) AI Stock Analysis

• Market Cap: $1.20B
• Dividend Yield: N/A
• Average Volume (3M): 2.12M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.30
• Revenue Growth: -50.48%
• EPS Growth: -15.75%
• Country: US
• Employees: 14,000
• Sector: Technology
• Sector Strength: 66
• Industry: Information Technology Services
• EPS (TTM): 0.09
• Shares Outstanding: 138,205,400
• 10 Day Avg. Volume: 1,683,052
• 30 Day Avg. Volume: 2,115,202
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.62
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 5.41
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $14.00
• Price Target Upside: 37.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

NCR Voyix is currently facing significant financial challenges, with declining revenues, negative margins, and poor cash flow performance. While there are positive developments in corporate strategy and potential for operational improvements, the technical indicators suggest bearish momentum. Valuation metrics are also unfavorable, as indicated by the negative P/E ratio. Recent corporate events and earnings call provide some optimism, but they are not enough to offset the broader financial and operational challenges.

Positive Factors

Earnings

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

SaaS Growth

SaaS ARR grew 4.7% year-over-year and platform sites jumped 27% to 77,000 as VYX continues to sign and convert customers to its SaaS offering.

Negative Factors

Revenue Decline

Revenue declined approximately 13% year-over-year as hardware sales and installations remain soft.

Tariffs 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 software licensing, hardware sales, and ongoing service contracts. Key revenue streams include subscription fees for its cloud-based platforms, sales of point-of-sale terminals and other hardware solutions, and professional services such as consulting and technical support. The company often forms strategic partnerships with banks, retailers, and technology providers to expand its market reach and enhance its service offerings. Additionally, NCR Voyix benefits from long-term contracts and recurring revenue models that provide a stable financial foundation.

NCR Voyix Financial Statement Overview

Summary

NCR Voyix is facing significant financial challenges, including declining revenues, negative margins, and poor cash flow performance. High leverage remains a concern despite a slight improvement in equity. Overall, the company needs to address operational inefficiencies and improve its cash flow management to enhance financial stability.

Income Statement

NCR Voyix has experienced significant revenue decline from 2023 to 2024, with a negative revenue growth rate. The company's gross profit margin improved slightly from the previous year, but it still remains low at 20.5% in 2024. The net profit margin shows volatility, improving from a significant loss in 2023 to a positive margin in 2024, but this is due to extraordinary items rather than operational efficiency. EBIT and EBITDA margins turned negative, indicating operational challenges.

Balance Sheet

The company has a high debt-to-equity ratio of 1.44 in 2024, signifying high leverage which poses financial risk. Stockholders' equity increased, improving the equity ratio to 20.9%, indicating a slight enhancement in financial stability. However, the return on equity has fluctuated, reflecting inconsistent financial performance and profitability concerns.

Cash Flow

The operating cash flow turned negative in 2024, representing a concerning trend from positive cash flow a year earlier. The free cash flow growth rate is negative, indicating deteriorating cash generation. Additionally, both operating and free cash flow to net income ratios are unfavorable, suggesting inefficiencies in converting income into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.83B	3.83B	7.84B	7.16B	6.21B
	Gross Profit
579.00M	962.00M	1.86B	1.89B	1.52B
	EBIT
-37.00M	37.00M	489.00M	474.00M	221.00M
	EBITDA
232.00M	530.00M	783.00M	455.00M	528.00M
	Net Income Common Stockholders
943.00M	-423.00M	60.00M	97.00M	-79.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
724.00M	262.00M	505.00M	447.00M	338.00M
	Total Assets
4.45B	4.99B	11.51B	11.64B	8.41B
	Total Debt
1.35B	2.89B	6.02B	5.95B	3.60B
	Net Debt
622.00M	2.63B	5.51B	5.50B	3.27B
	Total Liabilities
3.25B	4.69B	9.75B	10.11B	7.09B
	Stockholders Equity
1.21B	301.00M	1.75B	1.53B	1.32B
Cash Flow		Free Cash Flow
-132.00M	317.00M	70.00M	729.00M	378.00M
	Operating Cash Flow
-132.00M	694.00M	447.00M	1.08B	641.00M
	Investing Cash Flow
2.19B	-290.00M	-387.00M	-2.83B	-277.00M
	Financing Cash Flow
-1.56B	-839.00M	1.00M	2.18B	-514.00M

NCR Voyix Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 10.16
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VYX, the sentiment is Neutral. The current price of 10.16 is above the 20-day moving average (MA) of 8.61, above the 50-day MA of 9.35, and below the 200-day MA of 12.33, indicating a neutral trend. The MACD of 0.10 indicates Negative momentum. The RSI at 70.39 is Negative, neither overbought nor oversold. The STOCH value of 80.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for VYX.

NCR Voyix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NABL	73 Outperform	$1.34B	43.09	4.21%	―	7.98%	-40.59%
FORTY	71 Outperform	$1.40B	16.99	12.21%	1.23%	3.51%	18.34%
FLYW	67 Neutral	$1.22B	873.04	0.63%	―	20.97%	―
TASK	64 Neutral	$1.26B	28.05	9.78%	―	7.64%	5.22%
Sector *	60 Neutral	$10.83B	10.47	-6.71%	2.99%	7.73%	-12.97%
PSFE	58 Neutral	$886.44M	42.37	2.51%	―	6.48%	―
VYX	45 Neutral	$1.20B	―	-20.40%	―	-50.48%	-15.75%

NCR Voyix Corporate Events

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.

Spark’s Take on VYX Stock

According to Spark, TipRanks’ AI Analyst, VYX is a Neutral.

NCR Voyix faces major financial challenges with declining revenues and negative cash flows, significantly impacting its overall score. Technical indicators point to bearish sentiment, and the valuation appears unattractive with a negative P/E ratio. Despite some positive guidance and strategic leadership changes, these are outweighed by the company’s current financial difficulties and market conditions.

To see Spark’s full report on VYX stock, click here.

NCR Voyix Reports Q4 2024 Financial Results

NCR Voyix reported its financial results for the fourth quarter and full year 2024, showing a decrease in revenue to $682 million for the quarter and $2.8 billion for the year, compared to the previous year. Despite the revenue decline, the company reduced its net loss significantly and improved its adjusted EBITDA. The company continues to execute its transformation initiatives, including the sale of its Digital Banking unit and improvements in cost structure. Recent leadership changes include appointing James G. Kelly as CEO and Darren Wilson as Executive Vice President. The company also completed a $100 million share repurchase. Looking ahead, NCR Voyix has provided a 2025 outlook with expectations for revenue and adjusted EBITDA growth.

NCR Voyix Appoints Jeffrey Sloan to Board

On February 25, 2025, NCR Voyix Corporation announced the appointment of Jeffrey S. Sloan to its Board of Directors, effective March 3, 2025. Sloan, a seasoned executive with over 30 years in the financial technology industry, previously led Global Payments Inc. as CEO, significantly increasing its revenue through strategic initiatives. His expertise is expected to support NCR Voyix’s growth and value creation efforts as the company continues to expand its digital commerce solutions.

NCR Voyix Announces Leadership Transition in Retail Sector

On February 11, 2025, NCR Voyix announced that Eric Schoch, the Executive Vice President and President of Retail, would transition to a new role focusing on product strategy, while Darren Wilson would succeed him as the Executive Vice President and President, Retail and Payments. This leadership change is aimed at driving the company’s growth strategy in retail and payments through enhanced sales and customer satisfaction globally. The announcement reflects NCR Voyix’s commitment to strengthening its position as a leading global technology provider, leveraging Mr. Schoch’s foundational work in product strategy and Mr. Wilson’s proven leadership experience.