NCR Voyix maintained 2026 revenue guidance of $2.19 billion to $2.30 billion.
The company expects 2026 adjusted EBITDA of $432 million to $447 million.
NCR Voyix forecasts 2026 non-GAAP diluted EPS of $0.89 to $0.92.
Drivers and analyst coverage
Hardware business transition - The company said the 21% year-over-year revenue decline reflected the impact of the hardware business transition to an ODM model.
Recurring revenue growth - Recurring revenue rose to $435 million from $421 million year over year, driven by increased adoption of platform solutions.
Platform expansion - The company said the number of platform sites grew 10% year over year and remaining contract value increased 65% year over year.
The current average analyst rating on the shares is "buy," with 5 "strong buy" or "buy," 1 "hold," and no "sell" or "strong sell."
The average consensus recommendation for the IT services and consulting peer group is "buy."
Wall Street's median 12-month price target for NCR Voyix Corporation is $12.00, about 35.1% above its August 4 closing price of $8.88.
The stock recently traded at 9 times the next 12-month earnings versus a P/E of 7 three months ago.
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