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Added to YB: 2025-03-20

Pitch date: 2025-01-31

ARAY [bullish]

Accuray Incorporated

-52.7%

current return

Author Info

No bio for this author

Company Info

Accuray Incorporated engages in the design, development, manufacture, and sale of radiosurgery and radiation therapy systems for the treatment of tumors in the United States, Canada, Latin America, Asia, Australia, New Zealand, Europe, the Middle East, India, Africa, Japan, and China.

Market Cap

$117.9M

Pitch Price

$2.22

Price Target

6.00 (+466%)

Dividend

N/A

EV/EBITDA

10.41

P/E

-5.79

EV/Sales

0.52

Sector

Health Care Equipment and Supplies

Category

value

Show full summary:
Accuray Incorporated - $ARAY

ARAY: Underfollowed microcap med tech co. at 0.5x FY25E rev. China Type B approval Jun'24 unlocks $600M annual opp. 50% rev from annuity-like service contracts. FY24 guidance cut on US hospital budget delays & China approval timing. Expect rev/margin growth in FY25+. Takeover potential at 1-1.45x FY25 rev.

Read full article (8 min)