VYX Stock Forecast & Price Target

NCR Voyix Corp demonstrates a stable performance in its Restaurants segment, highlighted by a 1% increase in Annual Recurring Revenue (ARR) and the addition of over 150 new customers, indicating a solid customer retention strategy and ongoing demand for its services. The Retail segment is projected to experience a 3% increase in software and services sales in 2026, supported by a 6% year-over-year growth in platform sites and a strong customer acquisition pipeline, suggesting a positive momentum in operational efficiency and customer satisfaction. Additionally, improved EBITDA metrics provide NCR Voyix with increased flexibility for share buybacks, which, combined with assumptions of steady customer conversion to its platform as economic conditions improve, create an optimistic outlook for the company’s growth trajectory.

NCR Voyix Corp's adjusted EBITDA margin for its core segments reached 25.2% in Q4 2025, reflecting a decline of 10 basis points year-over-year, primarily driven by weak demand in the small and medium-sized business (SMB) sector and reduced one-time software and services revenue. The company's outlook for 2026 indicates a significant mid-teens decline in total sales alongside only a modest increase in adjusted EBITDA, which raises concerns about the sustainability of revenue growth. Furthermore, external pressures such as a prolonged economic downturn are anticipated to exacerbate challenges in customer acquisition and the transition to a Software as a Service (SaaS) model, further complicating recovery efforts.