NCR Voyix Management
Management criteria checks 2/4
NCR Voyix's CEO is Jim Kelly, appointed in Feb 2025, has a tenure of 1.42 years. total yearly compensation is $6.42M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth $1.93M. The average tenure of the management team and the board of directors is 2.2 years and 2.8 years respectively.
Key information
Jim Kelly
Chief executive officer
US$6.4m
Total compensation
| CEO salary percentage | 10.61% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Narrative Update • Jul 21
VYX: Future Retail Platform Wins Will Offset Softer Margins
Analysts lifted their price target on NCR Voyix to $9.75 from $9.00, citing updated assumptions for fair value, discount rate, revenue trends, margins, and future P/E as reflected in recent Street research. What's in the News Pizza Ranch entered an exclusive agreement to use NCR Voyix as its sole point of sale provider, with systemwide deployment of the Aloha Next platform planned to begin in 2027, according to recent news coverage.Seeking Alpha • Jul 20
NCR Voyix: Keep Watching From The Sidelines (Rating Upgrade)
Summary NCR Voyix is upgraded from strong sell to hold, reflecting a stock price likely near its bottom. VYX's decade-long downtrend and slow strategic execution warrant caution despite recent earnings offering some hope. The company is now primarily a software provider. I recommend monitoring VYX for sustained turnaround evidence before considering any new investment, given its challenging history. The company's growth lags typical software peers, and past risks remain material. Read the full article on Seeking AlphaNarrative Update • Jul 07
VYX: Softer Margins And Higher Discount Rate Will Shape Outlook
Analysts have adjusted their view on NCR Voyix, trimming the fair value estimate from $11.75 to about $9.00 as they factor in softer profit margins and a higher discount rate, even while acknowledging updated revenue and earnings expectations in recent research. What’s in the News for NCR Voyix NCR Voyix announced a collaboration with U.S. Bank Voyager to enable Voyager fleet card acceptance for commercial fuel transactions on its cloud-native POS systems in the United States, using the Voyix Connect payments platform, with rollout expected to begin in 2026.
Narrative Update • Jun 23
VYX: Recurring Revenue And Buybacks Will Support Future Multiple Upside
Analysts have raised their price target on NCR Voyix by $1, citing updated assumptions around fair value, discount rate, revenue trends, profit margin expectations, and a very large forward P/E multiple reflected in recent research. What's in the News for NCR Voyix NCR Voyix announced a collaboration with U.S. Bank Voyager to enable Voyager fleet card acceptance for commercial fuel transactions on its cloud-native POS systems in the United States, with rollout expected to begin in 2026 as part of deployments across more than 18,000 fuel stations.Narrative Update • Jun 06
VYX: Recurring Revenue And Buybacks Will Support Future Upside Potential
Analysts have nudged their price target for NCR Voyix up by $0.13 to $12.88, reflecting updated views on revenue trends, profit margins, and a revised outlook for the future P/E ratio. What's in the News NCR Voyix announced a collaboration with U.S. Bank Voyager to enable Voyager fleet card acceptance for commercial fuel transactions on its cloud-native POS systems in the United States, using the Voyix Connect payments platform as the integration hub.Narrative Update • Apr 26
VYX: Recurring Revenue Base And Buybacks Will Support Future Upside
Analysts have trimmed the NCR Voyix fair value estimate from $13.25 to $12.75. This reflects lower Street price targets around $9 to $14 and a focus on execution, recurring revenue trends, and updated P/E assumptions.Narrative Update • Apr 11
VYX: Recurring Revenue And Buybacks Will Support Future Execution Upside
Narrative Update Overview The analyst price target range for NCR Voyix has shifted lower to approximately $9 to $14, down from about $11.50 to $17, as analysts weigh recent Q4 results, steady customer retention, modest 2% annual recurring revenue growth, and expectations for more consistent execution. Analyst Commentary Recent research updates on NCR Voyix point to a mixed but focused view, with price targets reset in a tighter band and attention centered on execution quality, recurring revenue trends, and how the current valuation reflects these factors.Narrative Update • Mar 28
VYX: Recurring Revenue And Buybacks Will Reward Improved Execution
Narrative update on analyst targets for NCR Voyix Analysts have reset expectations for NCR Voyix with price targets now ranging from about $9 to $14. This reflects a lower overall target while still highlighting solid customer retention, modest 2% annual recurring revenue growth in Q4, and the view that execution and an undemanding valuation are key watchpoints for investors.Narrative Update • Mar 14
VYX: Recurring Revenue And Buyback Authorization Will Support Future Upside
The analyst price target for NCR Voyix is lowered by about $0.94 to $13.25, as analysts factor in reduced fair value and profit margin assumptions. They continue to highlight solid customer retention, recurring revenue trends, and an undemanding valuation, with investors waiting for more consistent execution.Narrative Update • Feb 27
VYX: Higher Profit Assumptions And Buyback Plan Will Support Upside
The analyst price target for NCR Voyix in our model has been revised from $16.13 to $14.19, in line with recent Street research, including a reduction in a major firm's target from $15 to $12, as analysts factor in updated assumptions for the discount rate, revenue trends, profit margins, and future P/E. Analyst Commentary Recent research includes a cut in one firm’s target for NCR Voyix from US$15 to US$12, even while maintaining a positive rating on the shares.New Narrative • Jan 28
Hardware Drag And Payments Delays Will Eventually Give Way To Healthier Software Margins
Catalysts About NCR Voyix NCR Voyix provides commerce software, payments and services for large retail, restaurant and fuel customers across multiple countries. What are the underlying business or industry changes driving this perspective?Narrative Update • Oct 03
Cloud Payment Trends Will Ignite Enterprise Digital Transformation
Analysts have slightly raised their price target for NCR Voyix from $15.88 to $16.13, citing updated profit margin projections and a modest adjustment to discount rates. This comes despite continued cautious revenue growth expectations.New Narrative • May 27
Cloud Transition Will Modernize Retail Commerce Amid Legacy Risks
Acceleration toward cloud-native and SaaS platforms boosts recurring revenue, margin expansion, and creates a more resilient, predictable business model as legacy hardware fades.Seeking Alpha • Dec 01
NCR Voyix: Impact Of Digital Banking Sale
Summary NCR Voyix sold its Digital Banking business for $2.45 billion effective September 30, 2024. The company is also undertaking restructuring of its other two segments, Restaurants and Retail, as well as transferring customers onto a cloud platform for greater efficiency. The sale of the banking business appears likely to result in a reduction in GAAP net income, even after taking into account lower interest expense due to debt reduction. A continuing Hold for the stock is suggested, while the restructuring continues into 2025. Read the full article on Seeking AlphaSeeking Alpha • Aug 06
NCR Voyix's Best-Performing Segment Is Being Sold (Rating Downgrade)
Summary NCR Voyix reported its Q2 results, again showing weak hardware sales in the currently poorly performing Retail & Restaurants segments. The divestiture of the Digital Banking segment was announced as NCR Voyix needs to pay down high debt. The sale pushes away VYX's best-growing segment, leaving behind incredibly slow growth. The valuation seems excessive considering the weak future growth outlook after the divestiture, even with VYX's organizational restructuring that should reduce costs. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$42m |
| Dec 31 2025 | US$6m | US$682k | US$22m |
| Sep 30 2025 | n/a | n/a | -US$62m |
| Jun 30 2025 | n/a | n/a | -US$75m |
| Mar 31 2025 | n/a | n/a | -US$166m |
| Dec 31 2024 | US$4m | US$345k | -US$216m |
| Sep 30 2024 | n/a | n/a | -US$478m |
| Jun 30 2024 | n/a | n/a | -US$715m |
| Mar 31 2024 | n/a | n/a | -US$744m |
| Dec 31 2023 | US$212k | n/a | -US$749m |
Compensation vs Market: Jim's total compensation ($USD6.42M) is above average for companies of similar size in the US market ($USD3.61M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Kelly (64 yo)
1.4yrs
Tenure
US$6,421,112
Compensation
Mr. James G. Kelly, also known as Jim, is President, CEO of NCR Voyix Corporation from February 5, 2025. Mr. Kelly was an Executive Chairman of Board of NCR Voyix Corporation from May 9, 2024 until Februar...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | US$6.42m | 0.18% $ 1.9m | |
| Executive VP & CFO | 2.8yrs | US$2.79m | 0.043% $ 458.1k | |
| Executive VP | no data | US$1.67m | 0.030% $ 320.9k | |
| Executive VP & President of Restaurants | 2.5yrs | US$1.67m | 0.027% $ 289.7k | |
| Executive VP and President of Retail & Payments | 1.7yrs | US$2.07m | 0.017% $ 177.4k | |
| Executive VP of Operations & Chief Procurement Officer | 2.8yrs | no data | no data | |
| Senior VP & Chief Accounting Officer | less than a year | no data | 0.0084% $ 88.4k | |
| Executive VP & Chief Technology Officer | 2.2yrs | no data | no data | |
| Executive VP & CHRO | 2.8yrs | no data | no data | |
| EVP of Global Sales-NCR Atleos | no data | no data | no data | |
| Executive VP & Chief Product Officer | 1.3yrs | no data | no data | |
| Investor Relations Manager | no data | no data | no data |
2.2yrs
Average Tenure
50yo
Average Age
Experienced Management: VYX's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$6.42m | 0.18% $ 1.9m | |
| Independent Director | 2.8yrs | US$294.99k | 0.0068% $ 72.1k | |
| Independent Director | 4.2yrs | US$262.09k | 0.038% $ 400.4k | |
| Independent Non-Executive Chair & Lead Independent Director | 2.8yrs | US$316.37k | 0.020% $ 215.2k | |
| Independent Director | 1.3yrs | US$293.13k | 0.0028% $ 29.7k | |
| Independent Director | 6.8yrs | US$274.99k | 0.038% $ 402.0k | |
| Independent Director | 2.3yrs | US$272.49k | 0.010% $ 108.8k | |
| Independent Director | 2.8yrs | US$274.99k | 0.016% $ 167.3k |
2.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: VYX's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/26 02:05 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NCR Voyix Corporation is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Reik Read | Baird |
| Daniel Kurnos | Benchmark Company |
| Matt Summerville | D.A. Davidson & Co. |