Accuray Incorporated (ARAY)

NASDAQ: ARAY · IEX Real-Time Price · USD
2.83
-0.08 (-2.75%)
At close: Dec 29, 2023, 4:00 PM
2.89
+0.06 (2.12%)
After-hours: Dec 29, 2023, 6:42 PM EST
-2.75%
Market Cap 274.71M
Revenue (ttm) 455.00M
Net Income (ttm) -6.80M
Shares Out 97.07M
EPS (ttm) -0.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 372,920
Open 2.92
Previous Close 2.91
Day's Range 2.81 - 2.95
52-Week Range 2.00 - 4.30
Beta 1.55
Analysts Strong Buy
Price Target 7.50 (+165.02%)
Earnings Date Jan 31, 2024

About ARAY

Accuray Incorporated designs, develops, manufactures, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the United States, Canada, Latin America, Australia, New Zealand, Europe, the Middle East, India, Africa, Japan, China, and rest of the Asia Pacific region. It offers the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy system used for the treatment of primary and metastatic tumors outside the brain, including tumors on or near the spine and in the breast, kidney,... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Feb 8, 2007
Employees 1,024
Stock Exchange NASDAQ
Ticker Symbol ARAY
Full Company Profile

Financial Performance

In 2023, Accuray's revenue was $447.61 million, an increase of 4.12% compared to the previous year's $429.91 million. Losses were -$9.28 million, 73.6% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ARAY stock is "Strong Buy" and the 12-month stock price forecast is $7.5.

Price Target
$7.5
(165.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Accuray Initiates Sales of the VitalHold™ Solution in Japan, Supporting Surface-guided Radiation Therapy on the Radixact® System

MADISON, Wis. , Dec. 5, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the company has initiated sales of the VitalHold™* package supporting surface-guided radiation the...

26 days ago - PRNewsWire

Accuray Reports Fiscal 2024 First Quarter Financial Results

Company Achieves 8% Revenue Growth, Reiterates FY 2024 Guidance MADISON, Wis. , Nov. 7, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for the first quarter ...

7 weeks ago - PRNewsWire

Accuray to Participate in the 14th Annual Jefferies London Healthcare Conference

MADISON, Wis. , Oct. 31, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its participation in the 14th Annual Jefferies London Healthcare Conference.

2 months ago - PRNewsWire

Accuray to Report First Quarter Fiscal 2024 Financial Results on November 7, 2023

MADISON, Wis. , Oct. 26, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the first quarter of fiscal year 2024, ended September 30, 2023, during a conference...

2 months ago - PRNewsWire

Accuray Announces Approval of the Tomo® C Radiation Treatment Delivery System by China's National Medical Products Administration

MADISON, Wis. , Oct. 3, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the registration dossier for the CNNC-Accuray joint venture Tomo® C radiation therapy system for t...

3 months ago - PRNewsWire

Accuray and Limbus AI Unveil Online Adaptive Therapy Solution for the Radixact® System at American Society for Radiation Oncology (ASTRO) Annual Meeting

MADISON, Wis. , Oct. 2, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the company has a 510(k) pending for an online adaptive therapy option*, Cenos™, for its Radixact ...

3 months ago - PRNewsWire

Accuray Opens New Global Training Center at Madison, WI Headquarters to Advance Radiotherapy Treatment Techniques Amid Growing Demand for Precision Cancer Care

Large classrooms and a hybrid, in-person/remote connection option will make it easier for more care providers to remain current on best practices and innovations in radiation therapy New center is par...

3 months ago - PRNewsWire

Accuray to Host Investor Day at ASTRO on October 3, 2023

MADISON, Wis. , Sept. 14, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that the company will host a discussion with analysts and investors on Tuesday, October 3, 2023, in c...

3 months ago - PRNewsWire

Accuray Receives FDA Clearance for VitalHold™ on the Radixact® System; Breast Cancer Treatment Option Will Also Be Available in the EU Market

The Radixact System, with the addition of the VitalHold functionality, provides clinicians with unmatched choice of radiation treatment delivery options in one device Treatment delivery versatility of...

5 months ago - PRNewsWire

Accuray Reports Fourth Quarter and Fiscal 2023 Financial Results

8% Q4 revenue growth; Record shipments for FY23; Company issues guidance for FY24  MADISON, Wis. , Aug. 9, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported financial results for...

5 months ago - PRNewsWire

Accuray to Report Fiscal Year-End 2023 Financial Results on August 9, 2023

SUNNYVALE, Calif. , July 26, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the fourth quarter and fiscal year 2023, ended June 30, 2023, during a conferenc...

5 months ago - PRNewsWire

Accuray Incorporated Announces Its Addition to the Russell 2000® Index

SUNNYVALE, Calif. , June 26, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today that as part of the annual reconstitution of the Russell stock indexes, the Company will be includ...

6 months ago - PRNewsWire

Cognizant is Partnering with Accuray to Accelerate Corporate Transformation and Drive Operational Efficiency in Their Radiation Therapy Business

Partnership Will Support Accuray with SAP S/4HANA Implementation TEANECK, N.J. , June 21, 2023 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced that it is partnering with Accuray Incorporated ...

Other symbols: CTSH
6 months ago - PRNewsWire

Accuray Announces Suzanne Winter Selected as One of the Top 50 Healthcare Technology CEOs of 2023

SUNNYVALE, Calif. , June 15, 2023 /PRNewswire/ -- The global Accuray Incorporated (NASDAQ: ARAY) team is proud to announce that president and CEO Suzanne Winter has been recognized by The Healthcare T...

7 months ago - PRNewsWire

Accuray CyberKnife® and TomoTherapy® Platforms Featured in More Than 55 Abstracts Presented at ESTRO 2023, Reinforcing Systems' Versatility, Efficiency and Effectiveness

Data Highlight Expanding Use of (Ultra) Hypofractionated Treatments, Benefits in Patient Care Made Possible by the Precision and Accuracy of Accuray Technologies SUNNYVALE, Calif. , May 17, 2023 /PRNe...

8 months ago - PRNewsWire

Accuray Reports Fiscal 2023 Third Quarter Financial Results

Company delivers record quarterly revenue and unit volume in Q3; Reiterates fiscal year guidance SUNNYVALE, Calif. , April 26, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today reported f...

8 months ago - PRNewsWire

Accuray to Report Third Quarter Fiscal 2023 Financial Results on April 26, 2023

SUNNYVALE, Calif. , April 13, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the third quarter of fiscal year 2023, ended March 31, 2023, during a conferenc...

9 months ago - PRNewsWire

Accuray Incorporated to Speak at 33rd Annual Oppenheimer Healthcare Conference

Company to Take Part in Fireside Chat Tuesday, March 14, 2023 at 1:00pm PST / 4:00pm EST SUNNYVALE, Calif. , March 8, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its parti...

10 months ago - PRNewsWire

Accuray to Participate in the Cowen 43rd Annual Health Care Conference

Company to Take Part in Fireside Chat Monday, March 6, 2023 at 10:30am PST / 1:30pm EST SUNNYVALE, Calif. , Feb. 21, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its partic...

11 months ago - PRNewsWire

Accuray to Participate in the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference

SUNNYVALE, Calif. , Feb. 7, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today its participation in the virtual BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conf...

11 months ago - PRNewsWire

Robert C. Kill Joins Accuray Board of Directors

SUNNYVALE, Calif. , Feb. 1, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) announced today the appointment of Robert C.

11 months ago - PRNewsWire

Accuray Reports Fiscal 2023 Second Quarter Financial Results

Delivered strong Q2 performance amidst challenging macroenvironment; Reiterate fiscal year guidance     SUNNYVALE, Calif. , Feb. 1, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today repor...

11 months ago - PRNewsWire

European Radiosurgery Center Munich Invests in Second Accuray CyberKnife® System to Support the Demand for High-Precision Radiosurgery Treatments

Center believes the CyberKnife System is the #1 tool for delivery of advanced radiosurgery treatments Selected the latest generation CyberKnife S7™ System to increase the number of indications they ca...

1 year ago - PRNewsWire

Accuray to Report Second Quarter Fiscal 2023 Financial Results on February 1, 2023

SUNNYVALE, Calif. , Jan. 18, 2023 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) will report financial results for the second quarter of fiscal year 2023, ended December 31, 2022, after the marke...

1 year ago - PRNewsWire

Accuray Announces First Patient Treatments in New Zealand With the CyberKnife® System, the World's Only Robotic Radiation Therapy Delivery Device

Auckland Radiation Oncology Selected the Latest-Generation CyberKnife S7™ System to Deliver Precise Treatments More Quickly, so Patients Can Rapidly Return to the Activities They Enjoy SUNNYVALE, Cali...

1 year ago - PRNewsWire