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ARAY logo

ARAY Overview

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Intellectia

Loading chart...

High
0.346
Open
0.279
VWAP
0.32
Vol
7.08M
Mkt Cap
34.00M
Low
0.279
Amount
2.26M
EV/EBITDA(TTM)
--
Total Shares
118.96M
EV
141.11M
EV/OCF(TTM)
--
P/S(TTM)
0.08
Accuray Incorporated is a radiation therapy company. The Company develops, manufactures, sells and supports solutions that are designed to deliver radiation treatments for complex cases. Its solutions are designed to advance patient care: during each individual treatment, throughout the treatment process, and at each stage of the cancer treatment journey, from curative to palliative treatments. Its technologies, the CyberKnife and TomoTherapy platforms, including the Radixact System, its TomoTherapy platform, are designed to deliver advanced treatments, including stereotactic radiosurgery (SRS), stereotactic body radiation therapy (SBRT), intensity modulated radiation therapy (IMRT), image-guided radiation therapy (IGRT), and adaptive radiation therapy (ART). In addition to these products, it also provides services, which include post-contract customer support (warranty period services and post-warranty services), installation services, training, and other professional services.
Show More

Events Timeline

(ET)
2026-05-06
16:30:00
Company Reports Q3 Revenue of $104.8M
select
2026-04-06 (ET)
2026-04-06
09:10:00
Accuray Appoints Paul Miele as Chief Commercial Officer
select
2026-02-17 (ET)
2026-02-17
16:30:00
Accuray Files to Sell 7M Shares of Common Stock
select
2026-02-04 (ET)
2026-02-04
16:20:00
Accuray Reports Q2 Revenue of $102.2M
select
2026-02-04
16:20:00
Sees FY26 Adjusted EBITDA of $22M-$25M
select
2025-12-15 (ET)
2025-12-15
17:10:00
Accuray Launches Transformation Plan, Expected Annual Profit Improvement of $25M
select

News

PRnewswire
7.5
05-15PRnewswire
Accuray Partners with University of Wisconsin for Cancer Treatment Innovation
  • Strategic Collaboration: Accuray has signed a 10-year strategic collaboration agreement with the University of Wisconsin School of Medicine to leverage its Stellar™ adaptive radiation therapy platform for advancing personalized cancer treatments, marking a deepening of their long-standing partnership in precision radiation therapy technology development.
  • Clinical Research Support: This collaboration will support clinical research, education, and the development of adaptive therapies, enabling medical teams to continually raise the standard of cancer care, thereby improving patient treatment outcomes and quality of life.
  • Legacy and Innovation: Since the late 1980s, technology invented by the University of Wisconsin's professor team has been commercialized into Accuray's TomoTherapy® system, ushering in a new era in radiation medicine that enhances treatment precision and accuracy.
  • Future Outlook: The partnership aims to accelerate the translation of research innovations into clinical practice, leveraging a robust academic-industry collaboration to advance personalized radiotherapy technologies that better serve patient needs.
seekingalpha
9.5
05-07seekingalpha
Accuray Shares Plunge 27% After Q3 Fiscal 2026 Earnings Miss Expectations
  • Earnings Decline: Accuray reported total net revenue of $104.8 million for Q3, a 7% year-over-year decline that missed Wall Street expectations, resulting in a 27% drop in share price.
  • Weak Product Sales: Product revenue fell 13% to $49.7 million, while service revenue slipped 1% to $55.1 million, indicating significant competitive pressures in the market.
  • Rising Operating Costs: Operating expenses increased by 12% year-over-year to $34.4 million, which included $6.5 million in restructuring charges, exacerbating the company's financial strain.
  • Withdrawal of Financial Guidance: Citing geopolitical uncertainties in key Middle Eastern markets, Accuray withdrew its financial outlook, with the CEO indicating a cautious approach to future performance assessments.
seekingalpha
9.5
05-07seekingalpha
Accuray Q3 Fiscal 2026 Earnings Call Insights
  • Revenue Performance: Accuray reported total revenue of approximately $105 million for Q3, reflecting a 3% sequential increase but a 7% year-over-year decline, indicating market challenges amid geopolitical uncertainties.
  • Product Shipment Delays: Shipments planned for customers in the Middle East, North Africa, and Pakistan have been indefinitely delayed due to geopolitical disruptions, which are expected to negatively impact service revenue and increase future performance uncertainty.
  • Guidance Withdrawal: Management's decision to withdraw financial guidance reflects insufficient visibility on future revenue and adjusted EBITDA, with an expectation to realize at least $25 million in structural profitability improvements in fiscal 2027.
  • Margin Pressure: The overall gross margin for the third quarter was 24.1%, down from 27.9% in the prior year, primarily due to increased parts consumption and tariff impacts, highlighting challenges in cost control.
moomoo
7.0
05-06moomoo
Accuray Inc. Withdraws FY2026 Financial Guidance Amid Geopolitical Uncertainty in the Middle East - SEC Filing
  • Financial Guidance Update: The financial guidance for FY 2026 has been withdrawn due to increasing geopolitical uncertainty in the Middle East.

  • Impact of Geopolitical Factors: The decision to withdraw guidance reflects concerns over the potential impact of regional instability on financial forecasts.

PRnewswire
5.0
04-06PRnewswire
Accuray Appoints New Chief Commercial Officer
  • Executive Appointment: Accuray announced the appointment of Paul Miele as Chief Commercial Officer effective April 6, 2026, tasked with leading the global commercial organization to drive transformation and enhance execution, thereby improving market competitiveness.
  • Extensive Experience: Miele brings nearly two decades of global commercial leadership experience in the medical technology sector, having previously served as Business Unit Leader at Johnson & Johnson MedTech, where he successfully reversed a revenue decline trend and achieved double-digit annual sales growth.
  • Strategic Objectives: As Chief Commercial Officer, Miele will define and execute Accuray's global commercialization strategy across sales, marketing, pricing, and market access, aiming to enhance the company's commercial impact in over 70 countries worldwide.
  • Commitment to Innovation: Accuray is dedicated to improving cancer treatment through continuous innovation, and Miele's addition is expected to further drive growth in systems and services sales, particularly in providing value-added solutions to customers.
Newsfilter
5.0
04-06Newsfilter
Accuray Appoints New Chief Commercial Officer
  • Executive Appointment: Accuray announced the appointment of Paul Miele as Chief Commercial Officer effective April 6, 2026, tasked with leading the global commercial organization to drive transformation and enhance execution, thereby improving overall commercial performance.
  • Extensive Experience: Miele brings nearly two decades of global commercial leadership experience in medical technology, having successfully reversed revenue declines and achieved double-digit annual sales growth as Business Unit Leader at Johnson & Johnson MedTech's MONARCH™ robotic platform, demonstrating his capability in complex business environments.
  • Strategic Objectives: As Chief Commercial Officer, Miele will define and execute Accuray's global commercialization strategy across sales, marketing, pricing, and market access, aiming to further strengthen the company's commercial impact in over 70 countries worldwide.
  • Commitment to Innovation: Accuray is dedicated to improving cancer treatment through continuous innovation, and Miele's addition is expected to drive growth in systems and services sales, particularly in providing value-added solutions to customers, thereby reinforcing the company's market position.
Wall Street analysts forecast ARAY stock price to rise
1 Analyst Rating
Wall Street analysts forecast ARAY stock price to rise
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
2.00
Averages
2.00
High
2.00
Current: 0.000
sliders
Low
2.00
Averages
2.00
High
2.00
Jefferies
Young Li
Buy
to
Hold
downgrade
AI Analysis
2026-05-12
Reason
Jefferies
Young Li
Price Target
AI Analysis
2026-05-12
downgrade
Buy
to
Hold
Reason
Jefferies analyst Young Li downgraded Accuray to Hold from Buy with a price target of 35c, down from $3.05. The firm cites the company's fiscal Q3 miss and the withdrawing of its fiscal year guidance for the downgrade. This was driven by Middle East uncertainties that resulted in indefinite delays in shipments along with continued uncertainties in the China joint venture business, the analyst tells investors in a research note. Jefferies believes some of the issues facing the company are more structural in nature.
BTIG
Buy
to
Neutral
downgrade
2026-05-07
Reason
BTIG
Price Target
2026-05-07
downgrade
Buy
to
Neutral
Reason
BTIG downgraded Accuray to Neutral from Buy without a price target. The company is ahead of schedule on its cost-cutting efforts, but its product revenue is being held back by geopolitical uncertainty and its adjusted EBITDA missed expectations again, the analyst tells investors in a research note. The firm says Accuray removed its 2026 guidance on geopolitical uncertainty in the Middle East. BTIG expects a lack of investor interest in the shares given Accuray's declining revenue, little visibility on a turnaround, and lack of predictable progress on profitability.
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Valuation Metrics

The current forward P/E ratio for Accuray Inc (ARAY.O) is 12.41, compared to its 5-year average forward P/E of 32.36. For a more detailed relative valuation and DCF analysis to assess Accuray Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
32.36
Current PE
12.41
Overvalued PE
123.04
Undervalued PE
-58.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
10.50
Current EV/EBITDA
-71.35
Overvalued EV/EBITDA
29.44
Undervalued EV/EBITDA
-8.45

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.53
Current PS
0.08
Overvalued PS
0.77
Undervalued PS
0.29

Financials

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Frequently Asked Questions

What is Accuray Inc (ARAY) stock price today?

The current price of ARAY is 0.3327 USD — it has increased 16.45

What is Accuray Inc (ARAY)'s business?

Accuray Incorporated is a radiation therapy company. The Company develops, manufactures, sells and supports solutions that are designed to deliver radiation treatments for complex cases. Its solutions are designed to advance patient care: during each individual treatment, throughout the treatment process, and at each stage of the cancer treatment journey, from curative to palliative treatments. Its technologies, the CyberKnife and TomoTherapy platforms, including the Radixact System, its TomoTherapy platform, are designed to deliver advanced treatments, including stereotactic radiosurgery (SRS), stereotactic body radiation therapy (SBRT), intensity modulated radiation therapy (IMRT), image-guided radiation therapy (IGRT), and adaptive radiation therapy (ART). In addition to these products, it also provides services, which include post-contract customer support (warranty period services and post-warranty services), installation services, training, and other professional services.

What is the price predicton of ARAY Stock?

Wall Street analysts forecast ARAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARAY is2.00 USD with a low forecast of 2.00 USD and a high forecast of 2.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Accuray Inc (ARAY)'s revenue for the last quarter?

Accuray Inc revenue for the last quarter amounts to 104.84M USD, decreased -7.42

What is Accuray Inc (ARAY)'s earnings per share (EPS) for the last quarter?

Accuray Inc. EPS for the last quarter amounts to -0.09 USD, increased 800.00

How many employees does Accuray Inc (ARAY). have?

Accuray Inc (ARAY) has 990 emplpoyees as of May 21 2026.

What is Accuray Inc (ARAY) market cap?

Today ARAY has the market capitalization of 34.00M USD.