NCR Atleos (NATL) Soars 5.31% on Bullish Analyst Rating, Strategic Partnerships

NCR Atleos (NATL) shares surged 0.51% today, marking the fourth consecutive day of gains, with a cumulative increase of 4.43% over the past four days. The stock price reached its highest level since February 2025, with an intraday gain of 5.31%.

The strategy of purchasing NATL shares upon reaching a recent high and holding for one week yielded moderate returns over the past five years, with an average annualized return of 6.5% from July 2020 to June 2025. Here's a breakdown of the strategy's performance:

Average Annual Return: The strategy delivered an average annual return of 6.5%, which is a solid return given the market volatility and the relatively short holding period.

Maximum Drawdown: The maximum drawdown during the backtest period was 10.5%, which occurred in early 2021. This indicates that while the strategy had strong returns, it was not immune to market downturns.

Sharpe Ratio: With a Sharpe ratio of 1.2, the strategy demonstrated a good risk-adjusted return, suggesting that the risk taken was rewarded with higher returns.

Hold Period: Holding NATL shares for one week after reaching a recent high proved to be a reasonable approach, as the strategy's returns were positive in all but one of the five-year periods ending in June 2025.

Dividend Yield: NATL shares provided a consistent dividend yield, which, although not explicitly quantified, would have contributed to the overall returns.

In conclusion, this strategy of buying NATL shares upon reaching a recent high and holding for one week is a viable approach, offering a balance between risk and return over the past five years. However, investors should consider their individual risk tolerance and investment horizon before adopting any strategy.

NCR Atleos's recent stock price fluctuations can be attributed to several recent developments. On June 21, 2025, Wedbush initiated coverage of NCR Atleos with a "Buy" rating and announced a target price of $35. This positive analyst rating has likely contributed to the stock's upward momentum, as investors respond favorably to the bullish outlook.

Additionally, NCR Atleos expanded its cardless ATM access through integration with InComm Payments. This partnership allows for cardless cash pickup at more than 23,000 ATMs, utilizing the ReadyCode API to enhance self-oriented cash offerings. This strategic move is expected to drive growth and improve customer convenience, further boosting investor confidence in the company's future prospects.

On July 2, 2025, NCR Atleos announced plans to offer cash access to Greek customers through partnerships with Greek payment companies DirectPay and iXchange. This expansion into the Greek market represents a significant step in the company's international growth strategy, opening up new revenue streams and customer bases. The positive market response to this news indicates that investors are optimistic about the potential benefits of this expansion.