Varex Imaging
VREX
About: Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, digital detectors and accessories, generators, and heat exchangers among other products. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors, high-voltage connectors, and coolers. Geographically, the company generates maximum revenue from Europe, Middle East, and Africa (EMEA) and the rest from the Americas and Asia Pacific region.
Employees: 2,300
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
35% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 52
0.04% more ownership
Funds ownership: 93.28% [Q1] → 93.31% (+0.04%) [Q2]
14% less funds holding
Funds holding: 188 [Q1] → 162 (-26) [Q2]
25% less capital invested
Capital invested by funds: $445M [Q1] → $333M (-$112M) [Q2]
56% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 45
94% less call options, than puts
Call options by funds: $291K | Put options by funds: $4.87M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B. Riley Securities
Kyle Bauser
|
$16
|
Buy
Maintained
|
8 Aug 2025 |
Financial journalist opinion
Based on 4 articles about VREX published over the past 30 days