$18.49-0.02 (-0.11%)
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components.
Varex Imaging Corporation in the Healthcare sector is trading at $18.49 with a market capitalization of $428M. Wall Street consensus targets $18.90 (2 analysts), implying a +2.2% move over the next 12 months. The stock is currently near its 52-week high of $18.63, remaining 50.1% above its 200-day moving average. On fundamentals, Piotroski 6/9 shows mixed financial quality. The Whystock Score of 65/100 suggests a balanced risk-reward profile.
| Metric (USD) | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|
| Total Revenue | $216.00M↑ | $209.60M↓ | $228.90M↑ | $203.00M↓ | $212.90M |
| Gross Profit | $72.60M↑ | $69.80M↓ | $77.80M↑ | $67.50M↓ | $76.70M |
| Operating Income | $14.40M↓ | $15.40M↓ | $19.60M↑ | $13.20M↓ | $22.10M |
| Net Income | -$8.10M↓ | $2.30M↓ | $12.20M↑ | -$89.10M↓ | $6.90M |
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. It operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray t...

On August 10, 2026, Teledyne Technologies Incorporated (NYSE:TDY) agreed to acquire Varex Imaging for $18.90 a share in an all-cash deal valued at about $1.1 billion. It sent Varex Imaging Corporation (NASDAQ:VREX) shares up nearly 50% before the opening bell. Why This Matters Teledyne is paying a large premium for a smaller X-ray components maker […]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Varex Imaging Corporation (NASDAQ:VREX) surged 48.5% to $18.42 on August 10 after Teledyne Technologies Incorporated (NYSE:TDY) agreed to acquire the X-ray technology company for $18.90 per share in cash. The offer represents a 52% premium to Varex’s unaffected closing price and values the transaction at approximately $1.1 billion, including equity awards and net debt. Teledyne […]

Teledyne Technologies (NYSE: TDY) agreed to acquire Varex Imaging for US$1.1b, expanding its X ray and CT detector portfolio. The deal adds photon counting CT detector technology and oncology detectors to Teledyne's medical imaging capabilities. Both companies' boards unanimously approved the transaction, which involves minimal technology overlap and targets global OEM customers. This move by Teledyne Technologies highlights how digital imaging and healthcare instrumentation tie into...