Varex Imaging Corporation

Varex Imaging Corporation

Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Company’s segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Varex Imaging's stock with a target price of $23.25, indicating strong potential.

Above Average

Financial Health

Varex Imaging is showing strong revenue and cash flow, indicating solid financial performance.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring VREX

Corporate Fortress: Investing In Enhanced Security

Corporate Fortress: Investing In Enhanced Security

A shooting at Blackstone's New York headquarters serves as a major catalyst for corporations to increase spending on safety. This creates a potential investment opportunity in companies that provide advanced security products and services.

Published: August 2, 2025

Explore Basket
Immersive Rehab & VR Therapy

Immersive Rehab & VR Therapy

Virtual and augmented reality are transforming healthcare with innovative digital treatments for physical and psychological healing. These carefully selected companies are at the forefront of creating immersive technologies that offer effective alternatives to traditional therapies, poised to benefit from growing clinical acceptance.

Published: June 17, 2025

Explore Basket

Why You’ll Want to Watch This Stock

πŸ“ˆ

Medical imaging demand

Ageing populations and diagnostic upgrades can drive steady demand for imaging components, though capital spending cycles can introduce volatility.

⚑

Component supplier role

Longstanding OEM relationships and specialised technology are strengths, but margins and order timing can vary with competitive and supply pressures.

🌍

Industrial and global reach

Sales span medical and industrial markets across regions, offering diversification, though global exposure brings currency and regulatory considerations.

Why invest with Nemo?

Nemo Logo Fade
πŸ†“

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

πŸ”’

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

πŸ’°

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

ABT

Abbott Laboratories

Abbott Laboratories is a global healthcare company that develops and markets a broad range of health care products, including medical devices, diagnostics, nutritionals, and branded generic pharmaceuticals.

TMO

Thermo Fisher Scientific, Inc.

Thermo Fisher provides a range of services and products that help customers advance their research, solve complex analytical challenges, improve patient diagnostics, and increase laboratory productivity.

ISRG

Intuitive Surgical, Inc.

A healthcare company that develops, manufactures, and markets robotic-assisted surgical systems for procedures in multiple specialties

Frequently asked questions