---
title: "VREX Varex Imaging"
canonical: "https://supercyclehq.com/stock/varex-imaging"
type: "stock"
dataAsOf: "2026-11-06"
ticker: "VREX"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Varex Imaging (VREX)

Varex Imaging makes the components inside imaging machines.

## AI Exposure Score

**12/100, Peripheral.** Varex sells X-ray tubes, detectors, and imaging components to medical imaging OEMs and industrial inspection customers. AI-enhanced imaging software is a feature, but revenue tracks medical equipment and cargo screening demand, keeping AI exposure minor.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $18.44 |
| Change 1d | 0.00% |
| Change 7d | +0.05% |
| Change 30d | -0.16% |
| Change 1y | +54.05% |
| 52-week high | $18.58 |
| 52-week low | $9.32 |
| Market cap | $783.0M |
| P/E | 34.79 |
| EPS | $0.53 |
| Next earnings | 2026-11-17 |

Quote as of 2026-11-06.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Healthcare |
| Headquarters | Salt Lake City, Utah |
| CEO | Sunny S. Sanyal |
| Employees | 2,500 |
| Website | https://www.vareximaging.com |
| Buildout layers | [AI Healthcare](https://supercyclehq.com/category/ai-healthcare) |

## What the company does

Varex Imaging makes the components inside imaging machines. It sells X-ray tubes, detectors, and imaging software to the manufacturers of medical CT and radiography systems, plus industrial inspection and cargo screening customers. Revenue comes from supplying these original equipment makers.

AI enhances its component portfolio: AI-enabled X-ray detectors, smart imaging software, CT components, and AI-assisted industrial inspection tools that help machines find defects and read images more accurately.

Founded in 2017 and headquartered in Salt Lake City, Utah, Varex trades on the NASDAQ, employs roughly 2,100 people, and is led by CEO Sunny Sanyal.

## Role in the AI buildout

Varex sits in the AI Healthcare layer as a component supplier whose products increasingly carry AI features. Its AI-enhanced detectors and imaging software make medical and industrial imaging systems smarter, but customers buy tubes and detectors for imaging performance, not AI. Revenue tracks medical equipment and cargo screening demand, which keeps its buildout exposure minor. Supercycle scores Varex's AI exposure at 12 out of 100.

## Recent news

- [Varex Imaging Shareholders Approve Teledyne Merger Agreement](https://www.marketbeat.com/instant-alerts/event-varex-imaging-shareholders-approve-teledyne-merger-agreement-2026-10-28/?utm_source=yahoofinance&utm_medium=yahoofinance&.tsrc=rss) (source, 2026-10-29)
- [Should Value Investors Buy VAREX IMAGING (VREX) Stock?](https://finance.yahoo.com/markets/stocks/articles/value-investors-buy-varex-imaging-134003711.html?.tsrc=rss) (source, 2026-08-24)
- [Why Is Teledyne Technologies (TDY) Paying a 52% Premium for Varex (VREX)?](https://finance.yahoo.com/markets/stocks/articles/why-teledyne-technologies-tdy-paying-193543628.html?.tsrc=rss) (source, 2026-08-14)
- [Teledyne agrees to acquire Varex Imaging for $1.1bn](https://www.medicaldevice-network.com/news/teledyne-to-acquire-varex-imaging/?.tsrc=rss) (source, 2026-08-11)
- [Sector Update: Healthcare Stocks Gain Late Afternoon](https://finance.yahoo.com/healthcare/articles/sector-healthcare-stocks-gain-afternoon-195804577.html?.tsrc=rss) (source, 2026-08-10)

## FAQ

### What does Varex Imaging do?

Varex makes X-ray tubes, detectors, and imaging software sold to medical imaging equipment manufacturers and industrial inspection customers. Its components sit inside CT, radiography, and cargo screening systems.

### How is Varex Imaging exposed to AI?

Lightly. Supercycle scores it 12 out of 100. AI-enhanced imaging software is a product feature, while revenue tracks demand for medical equipment and cargo screening rather than AI adoption.

### What are Varex's main products?

AI X-ray detectors, smart imaging AI software, CT AI components, and industrial AI inspection tools. All are components and software supplied to imaging equipment makers rather than end products.

### Where is Varex headquartered and who leads it?

Varex Imaging is headquartered in Salt Lake City, Utah, and led by CEO Sunny Sanyal. The company was founded in 2017, trades on the NASDAQ, and employs roughly 2,100 people.

---

Source: https://supercyclehq.com/stock/varex-imaging. Data as of 2026-11-06. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.