NCR Voyix Management
Management criteria checks 2/4
NCR Voyix's CEO is Jim Kelly, appointed in Feb 2025, has a tenure of 1.25 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 $1.77M. The average tenure of the management team and the board of directors is 2 years and 2.6 years respectively.
Key information
Jim Kelly
Chief executive officer
US$6.4m
Total compensation
| CEO salary percentage | 10.61% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
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.Seeking Alpha • Apr 25
NCR Voyix: More Than Promises Needed
Summary NCR Voyix remains a strong sell due to a persistent lack of tangible turnaround progress. VYX's prolonged stock price decline signals major caution and substantial risk of principal loss. Management's repeated promises have not materialized into improved performance, stock price appreciation, or software growth. I require clear, sustained evidence of a turnaround before considering VYX as an investment opportunity. Read the full article on Seeking AlphaNarrative 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 AlphaAnalysis Article • Sep 10
A Look At The Fair Value Of NCR Corporation (NYSE:NCR)
Key Insights NCR's estimated fair value is US$23.72 based on 2 Stage Free Cash Flow to Equity Current share price of...Analysis Article • Aug 20
We Think NCR (NYSE:NCR) Is Taking Some Risk With Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Aug 04
Structural Changes Could Make NCR Less Boring
Summary NCR Corporation offers banking and fund transaction services. The company has a very high level of debt, increasing the risk level for investors. A spinoff or other possible structural changes could create shareholder value, although investors currently have limited visibility of such moves. The company's stock is currently priced reasonably according to my DCF estimates, which is why I have a hold-rating for the stock. Read the full article on Seeking AlphaAnalysis Article • Jul 18
Is It Too Late To Consider Buying NCR Corporation (NYSE:NCR)?
NCR Corporation ( NYSE:NCR ), is not the largest company out there, but it saw a significant share price rise of over...Analysis Article • May 10
Is NCR Corporation (NYSE:NCR) Trading At A 27% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, NCR fair value estimate is US$31.14 NCR's US$22.82 share price...CEO 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 ($USD3.71M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
CEO
Jim Kelly (63 yo)
1.3yrs
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 | 1.3yrs | US$6.42m | 0.18% $ 1.8m | |
| Executive VP & CFO | 2.6yrs | US$2.79m | 0.043% $ 419.9k | |
| Executive VP | no data | US$1.67m | 0.030% $ 294.1k | |
| Executive VP & President of Restaurants | 2.3yrs | US$1.67m | 0.027% $ 265.6k | |
| Executive VP and President of Retail & Payments | 1.5yrs | US$2.07m | 0.017% $ 162.6k | |
| Executive VP of Operations & Chief Procurement Officer | 2.6yrs | no data | no data | |
| Senior VP & Chief Accounting Officer | less than a year | no data | 0.0083% $ 81.0k | |
| Executive VP & Chief Technology Officer | 2yrs | no data | no data | |
| Executive VP & CHRO | 2.6yrs | no data | no data | |
| EVP of Global Sales-NCR Atleos | no data | no data | no data | |
| Executive VP & Chief Product Officer | 1.2yrs | no data | no data | |
| Investor Relations Manager | no data | no data | no data |
2.0yrs
Average Tenure
49yo
Average Age
Experienced Management: VYX's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.6yrs | US$6.42m | 0.18% $ 1.8m | |
| Independent Director | 2.6yrs | US$294.99k | 0.0068% $ 66.0k | |
| Independent Director | 4yrs | US$262.09k | 0.038% $ 367.0k | |
| Independent Non-Executive Chair & Lead Independent Director | 2.6yrs | US$316.37k | 0.016% $ 153.3k | |
| Independent Director | 1.2yrs | US$293.13k | 0.0028% $ 27.2k | |
| Independent Director | 6.7yrs | US$274.99k | 0.038% $ 368.4k | |
| Independent Director | 2.2yrs | US$272.49k | 0.010% $ 99.7k | |
| Independent Director | 6.7yrs | US$273.18k | 0.038% $ 368.4k | |
| Independent Director | 2.6yrs | US$274.99k | 0.0068% $ 66.0k |
2.6yrs
Average Tenure
60yo
Average Age
Experienced Board: VYX's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 05:48 |
| End of Day Share Price | 2026/05/07 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 |
| |
| 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.
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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. 6 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. |