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ARAY logo ARAY
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ARAY logo

Accuray Incorporated (ARAY)

Upturn stock ratingUpturn stock rating
$1.61
Last Close (24-hour delay)
Profit since last BUY-0.62%
upturn advisory
Consider higher Upturn Star rating
BUY since 20 days
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

09/15/2025: ARAY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $5.5

1 Year Target Price $5.5

Analysts Price Target For last 52 week
$5.5 Target price
52w Low $1.14
Current$1.61
52w High $2.95

Analysis of Past Performance

Type Stock
Historic Profit -65.96%
Avg. Invested days 26
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 176.90M USD
Price to earnings Ratio -
1Y Target Price 5.5
Price to earnings Ratio -
1Y Target Price 5.5
Volume (30-day avg) 4
Beta 1.27
52 Weeks Range 1.14 - 2.95
Updated Date 09/14/2025
52 Weeks Range 1.14 - 2.95
Updated Date 09/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.02

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -0.35%
Operating Margin (TTM) 3.73%

Management Effectiveness

Return on Assets (TTM) 1.04%
Return on Equity (TTM) -2.52%

Valuation

Trailing PE -
Forward PE 94.34
Enterprise Value 295864120
Price to Sales(TTM) 0.39
Enterprise Value 295864120
Price to Sales(TTM) 0.39
Enterprise Value to Revenue 0.65
Enterprise Value to EBITDA 14.62
Shares Outstanding 112677000
Shares Floating 108972322
Shares Outstanding 112677000
Shares Floating 108972322
Percent Insiders 2.06
Percent Institutions 71.26

ai summary icon Upturn AI SWOT

Accuray Incorporated

stock logo

Company Overview

overview logo History and Background

Accuray Incorporated was founded in 1990. It develops, manufactures, and sells radiotherapy systems for cancer treatment. The company has evolved from focusing solely on radiosurgery to offering a range of radiation therapy solutions.

business area logo Core Business Areas

  • Radiation Oncology Systems: Design, manufacture, and sale of radiation therapy systems including the CyberKnife and TomoTherapy platforms.
  • Service and Support: Provides service, maintenance, and training for its installed base of systems.

leadership logo Leadership and Structure

Suzanne Winter is the President and CEO. The company has a typical corporate structure with departments like R&D, Sales, Marketing, and Operations.

Top Products and Market Share

overview logo Key Offerings

  • CyberKnife: A robotic radiosurgery system used for treating tumors throughout the body. Competitors include Varian Medical Systems, Elekta. Estimated market share for robotic radiosurgery is ~25% for Accuray.
  • TomoTherapy: A radiation therapy system that delivers helical radiation therapy. Competitors include Varian Medical Systems, Elekta. Market share estimates are more difficult to ascertain given it falls into a broader radiation therapy category.

Market Dynamics

industry overview logo Industry Overview

The radiation oncology market is driven by the increasing prevalence of cancer and advancements in treatment technologies. The market is highly competitive and regulated.

Positioning

Accuray positions itself as a leader in precision radiation therapy, particularly with its CyberKnife system. Its competitive advantage lies in its robotic radiosurgery capabilities and adaptive radiation therapy.

Total Addressable Market (TAM)

The global radiation oncology market is expected to reach approximately $9 billion by 2028. Accuray holds a small share of that TAM but focuses on specific niches (stereotactic radiosurgery and SBRT).

Upturn SWOT Analysis

Strengths

  • CyberKnife technology
  • Strong brand recognition in radiosurgery
  • Innovation in adaptive radiation therapy
  • Global installed base

Weaknesses

  • Smaller market share compared to larger competitors
  • High product costs
  • Dependence on capital equipment sales
  • Historically inconsistent profitability

Opportunities

  • Expanding into emerging markets
  • Developing new applications for existing technologies
  • Partnerships and collaborations with other healthcare providers
  • Increased adoption of stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT)

Threats

  • Intense competition from larger players like Varian and Elekta
  • Technological obsolescence
  • Changing reimbursement policies
  • Economic downturns affecting hospital capital spending

Competitors and Market Share

competitor logo Key Competitors

  • VAR
  • EKTA

Competitive Landscape

Accuray faces strong competition from larger, more established players. Accuray's advantage lies in its CyberKnife technology, but it must compete on price and service to maintain its position.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been uneven, with periods of rapid expansion followed by periods of slower growth or decline.

Future Projections: Analysts project modest revenue growth in the coming years, driven by increasing demand for radiation therapy and adoption of new technologies.

Recent Initiatives: Focus on software solutions for treatment planning, improving global reach and expanding service offerings.

Summary

Accuray is a specialized player in the radiation oncology market, possessing a unique technology with CyberKnife. While they have niche market share and strengths in innovation, profitability challenges and competition from larger firms like Varian and Elekta remains. Focusing on expanding international presence and creating new product applications will assist in market presence. Accuray's future trajectory depends on capitalizing on SBRT/SRS advancements and managing financial performance.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings, Analyst Reports, Industry Publications

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is estimated and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Accuray Incorporated

Exchange NASDAQ
Headquaters Madison, WI, United States
IPO Launch date 2007-02-08
President, CEO & Director Ms. Suzanne Winter M.B.A.
Sector Healthcare
Industry Medical Devices
Full time employees 990
Full time employees 990

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. The company offers the CyberKnife platform, 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, liver, lung, pancreas, and prostate. It also provides the TomoTherapy platform, including the Radixact System, which allows for integrated radiation treatment planning, delivery, and data management, enabling clinicians to deliver ultra-precise treatments to approximately 50 patients per day; iDMS data management system, a fully integrated treatment planning and data management systems; and Accuray precision treatment planning system, a treatment planning and data management systems. In addition, the company offers post-contract customer support, installation, training, and other professional services. It primarily markets its products directly to customers, including hospitals and stand-alone treatment facilities through its sales organization, as well as to customers through sales agents and group purchasing organizations in the United States; and to customers directly and through distributors and sales agents internationally. Accuray Incorporated was incorporated in 1990 and is headquartered in Madison, Wisconsin.