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Accuray Incorporated
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$19M
Market Cap
50.8
P/E
—
PEG
-5.7%
ROCE
-2.5%
ROE
2.08
D/E
1.7%
OPM
5
α RS
🌏 Global Investor Returns
Currency-adjusted total returns for ARAY including FX impact
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
📊 Peer Medians
About

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.

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📈 Growth Pattern
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⭐ Superinvestors Holding ARAY
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 2.29M $889K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q3 2026 Q3 2026 2026-05-06
Q3 FY2026 revenue declined 7% year-over-year due to geopolitical disruptions and macro headwinds, prompting withdrawal of financial guidance. Transformation initiatives are ahead of schedule, with $10 million in improvements realized and further benefits expected in FY2027.
Q2 2026 Q2 2026 2026-02-04
Q2 FY2026 revenue fell 12% year-over-year to $102.2M, driven by lower China product sales amid tariffs and geopolitical headwinds, while service revenue grew 4%. FY2026 guidance was cut to $440–$450M revenue and $22–$25M adjusted EBITDA, reflecting ongoing external pressures.
Q1 2026 Q1 2026 2025-11-05
Q1 revenue declined 7% year-over-year, with product sales down in EMEA and China, but service revenue grew 7%. Guidance for fiscal 2026 is unchanged, with revenue expected to rebound in the second half as order timing improves. Transformation efforts target margin expansion and sustainable growth.
Q4 2025 Q4 2025 2025-08-13
Q4 revenue declined 5% year-over-year to $128M, but full-year revenue hit a record $459M, up 3%. Service revenue and margins grew, and a major debt refinancing improved financial flexibility. FY2026 guidance is $471M–$485M in revenue and $31M–$35M in adjusted EBITDA.
Q3 2025 Q3 2025 2025-04-30
Q3 revenue grew 12% year-over-year, driven by strong product and service demand, with Adjusted EBITDA up to $6M. Tariff-related headwinds are expected to impact Q4 China sales by $10M-$15M, but guidance is maintained as mitigation efforts and global demand offset risks.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
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Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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