NCR Voyix (VYX) AI Stock Analysis

• Market Cap: $1.43B
• Dividend Yield: N/A
• Average Volume (3M): 1.90M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: -56.83%
• EPS Growth: -591.98%
• Country: US
• Employees: 15,500
• Sector: Technology
• Sector Strength: 48
• Industry: Software
• EPS (TTM): -4.04
• Shares Outstanding: 138,882,580
• 10 Day Avg. Volume: 2,870,909
• 30 Day Avg. Volume: 1,900,365
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.54
• Price to Cash Flow (P/CF): -2.20
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $15.57
• Price Target Upside: 50.73% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

NCR Voyix's overall stock score reflects significant financial and operational challenges, notably declining revenues and poor cash flow performance. The company's high leverage and operational inefficiencies are critical concerns. Technical analysis shows a bearish trend, compounded by a negative valuation outlook due to a lack of profitability. Despite positive corporate events and some promising strategic initiatives highlighted in the earnings call, the stock remains risky with a downward pressure expected in the near term.

Positive Factors

Earnings

VYX posted solid 4Q results despite challenges from contract terminations and hardware refresh cycles.

Growth Strategy

Management is adding new logos and converting existing customers to its cloud-based platform, scaling active sites effectively.

Negative Factors

Operational Challenges

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

NCR Voyix Business Overview & Revenue Model

Company Description

NCR Voyix (VYX) is a technology company specializing in providing innovative solutions for the financial and retail sectors. Its core offerings include advanced software platforms, hardware solutions, and services designed to enhance operational efficiency, customer engagement, and data management for businesses. The company leverages its expertise in digital transformation, cloud computing, and analytics to deliver tailored solutions that meet the evolving needs of its clients.

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: Negative
• Last Price: 10.33
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VYX, the sentiment is Negative. The current price of 10.33 is below the 20-day moving average (MA) of 11.58, below the 50-day MA of 12.49, and below the 200-day MA of 13.22, indicating a bearish trend. The MACD of -0.58 indicates Positive momentum. The RSI at 29.56 is Positive, neither overbought nor oversold. The STOCH value of 26.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VYX.

NCR Voyix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INTU	79 Outperform	$162.08B	56.97	17.43%	0.64%	13.73%	9.93%
PAYC	78 Outperform	$12.43B	23.89	34.88%	0.70%	11.19%	51.03%
ADP	77 Outperform	$123.28B	31.97	83.72%	1.87%	7.09%	11.51%
JKHY	77 Outperform	$13.86B	34.49	21.90%	1.15%	5.36%	8.62%
GPN	73 Outperform	$24.04B	16.35	6.94%	0.99%	4.68%	63.39%
Sector *	59 Neutral	$22.39B	11.53	-18.05%	2.31%	5.00%	-25.89%
VYX	44 Neutral	$1.43B	―	-20.40%	―	-56.83%	-591.98%

NCR Voyix Corporate Events

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.

NCR Voyix Appoints New CEO Amid Leadership Changes

NCR Voyix announced the appointment of James G. Kelly as President and CEO, effective February 4, 2025, succeeding David Wilkinson, who has stepped down from his roles. Kelly, who has extensive experience in technology and payments, aims to focus on growth as a product-led software and services company. The company also reaffirmed its revenue and adjusted EBITDA guidance for 2024, reflecting stability and confidence in its strategic direction. As part of the leadership transition, Kevin Reddy was named non-executive Chair of the Board, replacing his previous role as Lead Director.