Shares of NCR Voyix Corporation (VYX) got a little lift on Tuesday after the company announced it's selling off a piece of its business. The plan is to unload its bank technology solutions operation in Japan to tech giant NTT DATA. Think of it as corporate spring cleaning—getting rid of one division to focus more energy on the others.
The business being sold is operated by NCR Commerce Japan Ltd. NCR Voyix expects the whole thing to be wrapped up by the end of 2026. The stated goal is pretty straightforward: sharpen the focus on the company's core retail and restaurant operations, and let the Japanese banking tech unit find its future as part of a bigger global player.
"This transaction allows NCR Voyix to sharpen our focus on our core retail and restaurant businesses while ensuring the Japan bank technology business is positioned for long‑term success," said Darren Wilson, Executive Vice President and President of Retail and Payments at NCR Voyix. In other words, it's a win-win—or at least that's the hope. The company says the sale should provide continuity for existing clients and open up new opportunities for the business and its employees.
Now, let's talk about the stock itself, because the story there is a bit more complicated than a simple Tuesday bump. From a technical analysis perspective, things look pretty bearish. The stock is currently trading 14.7% below its 20-day simple moving average and a hefty 30.7% below its 100-day simple moving average. Over the past 12 months, shares have fallen 32.78%, and they're hanging out much closer to their 52-week lows than their highs.
The Relative Strength Index (RSI) is at 33.71, which is in neutral territory. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator is below its signal line, which typically signals bearish pressure. So you've got a neutral RSI and a bearish MACD—that's mixed momentum, suggesting traders should probably stay cautious here. Key resistance is seen at $7.50, with key support at $6.50.
Looking ahead, NCR Voyix is expected to report its next batch of financial results on May 7, 2026. The current estimates call for earnings per share of 16 cents, which would be up from 9 cents previously. Revenue, however, is estimated at $608.60 million, down from $617.00 million. The stock sports a P/E ratio of 49.2x, which indicates a premium valuation.
What do the analysts think? The consensus rating on the stock is a Buy, with an average price target of $14.79. But it's worth noting that several analysts have recently been tweaking their targets downward. DA Davidson maintained a Buy rating but lowered its target to $14.00 on March 5. Needham also kept its Buy rating but cut its target to $12.00 on February 26. Goldman Sachs has a Neutral rating and lowered its target to $11.50 back on January 13.
As for the immediate market reaction, NCR Voyix shares were trading up 2.47% at $7.055 at the time of publication on Tuesday, according to market data.
