If you’ve been hunting for the NCR Corporation stock price lately and came up confused, you aren't alone. Honestly, it’s kind of a mess if you're looking at old ticker symbols. Back in late 2023, the legendary company basically split itself in half, and the "NCR" ticker you might remember from years ago is gone. It was replaced by two new kids on the block: NCR Voyix (VYX) and NCR Atleos (NATL).
Most people searching for the old price are really trying to figure out if the company's legacy—one that stretches back to the first cash registers—is still a good bet in 2026.
The Great Divorce: VYX vs. NATL
You can't talk about the stock price without talking about the breakup. It wasn't a messy celebrity divorce, but for investors, it was just as complicated. NCR Corporation decided it couldn't be a "bank" company and a "software" company at the same time.
So they split.
NCR Voyix took the "cool" stuff—the digital commerce, the restaurant software, and the retail tech. NCR Atleos took the ATMs. If you owned 100 shares of the old NCR, you ended up with 100 shares of Voyix and 50 shares of Atleos.
As of January 17, 2026, the NCR Voyix (VYX) stock price is hovering around $10.68.
Meanwhile, NCR Atleos (NATL) is playing in a different league entirely, trading near $39.93.
It’s a tale of two trajectories. One is trying to be a high-growth SaaS (Software as a Service) darling, while the other is leaning into the "boring but steady" world of cash machines.
Why the Price Gap Matters
The price difference looks massive, right? You've got one at ten bucks and one at forty. But don't let the raw numbers fool you.
The market cap—basically the "size" of the company—tells a better story. Atleos is valued at roughly $2.95 billion, while Voyix is around $1.50 billion. Even though Voyix kept the "digital future" parts of the business, the market has been a bit skeptical.
Investors are currently paying more for the steady, predictable cash flows of ATM maintenance than they are for the promise of digital banking growth. It's a classic case of "show me the money" versus "show me the vision."
Is the Stock a Value Trap or a Hidden Gem?
Wall Street is currently torn on this one. If you look at the analyst ratings for VYX (the direct successor to the old name), you’ll see a weird mix of "Buy" and "Hold" ratings.
Needham and RBC Capital have been leaning toward the "Buy" side, with some targets suggesting the stock could hit $15 or $17. But Goldman Sachs has been more cautious, sticking to a "Hold."
Why the hesitation?
- Debt load: Splitting a company is expensive.
- Competition: Every fintech startup in Silicon Valley is trying to eat Voyix's lunch in the restaurant and retail space.
- Legacy baggage: Transitioning old-school hardware customers to monthly software subscriptions is like turning a cruise ship. It takes time.
NCR Voyix recently sold off its digital banking arm to Veritas Capital for about $2.45 billion. That’s a huge chunk of change used to pay down debt. For a stock sitting at $10, that kind of balance sheet cleanup is usually a signal that they’re trying to lean out for a marathon.
The ATM Factor
Then there's the NATL side of the equation. People have been predicting the "death of cash" for twenty years. Yet, Atleos's stock has hit all-time highs recently, touching over $42 in early 2026.
Turns out, people still need cash, especially in developing markets. Atleos isn't just selling boxes; they're selling "ATM as a Service." It’s a subscription model for money.
What to Watch in the Coming Months
If you're tracking the NCR Corporation stock price (or its survivors), you need to mark March 2, 2026 on your calendar. That’s when both companies are expected to drop their Q4 earnings reports.
Expect volatility.
If Voyix shows they can grow their software revenue by more than 10%, that $10 price point might look like a steal in retrospect. If Atleos shows that ATM usage is finally starting to dip, their $40 high might be a ceiling.
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Honestly, the "NCR" name still carries weight. It’s a 140-year-old brand. But in 2026, the brand doesn't pay the dividends—execution does.
Actionable Insights for Investors
Don't just look at the ticker. If you're looking for a way in, here is how you should actually approach this:
- Check the "Regular Way" Trading: Make sure you aren't looking at "When-Issued" data or old OTC tickers. Use VYX for the digital business and NATL for the ATM business.
- Evaluate Debt-to-Equity: This is the big one for Voyix. They are in a deleveraging phase. If that ratio keeps dropping, the stock usually goes up.
- Watch the Retail Sector: Voyix lives and dies by retail and restaurants. If consumer spending dips, their software renewals might take a hit.
- Ignore the "NCR" Ticker: If you see a site still listing a price for "NCR," it's likely a ghost or a data error. The market moved on over two years ago.
The reality is that "NCR" as a single stock is a ghost of the past. What's left are two very different companies with very different risks. One is a turnaround play; the other is a cash-cow play.
Decide which one fits your gut.