Digimarc Corporation (DMRC)
NASDAQ: DMRC · Real-Time Price · USD
36.92
+0.67 (1.85%)
Dec 20, 2024, 4:00 PM EST - Market closed
Digimarc Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Digimarc stock have an average target of 34, with a low estimate of 28 and a high estimate of 40. The average target predicts a decrease of -7.91% from the current stock price of 36.92.
Analyst Consensus: Buy
* Price targets were last updated on Nov 15, 2024.
Analyst Ratings
The average analyst rating for Digimarc stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +8.34% | Nov 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +8.34% | Aug 14, 2024 |
| Needham | Needham | Hold → Strong Buy Upgrades $40 | Hold → Strong Buy | Upgrades | $40 | +8.34% | Jun 24, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 6, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $35 → $28 | Hold | Maintains | $35 → $28 | -24.16% | May 3, 2024 |
Financial Forecast
Revenue This Year
42.64M
from 34.85M
Increased by 22.36%
Revenue Next Year
51.49M
from 42.64M
Increased by 20.74%
EPS This Year
-1.04
from -2.26
EPS Next Year
-0.78
from -1.04
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 44.0M | 54.0M |
| Avg | 42.6M | 51.5M |
| Low | 40.9M | 48.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 26.3% | 26.7% |
| Avg | 22.4% | 20.7% |
| Low | 17.3% | 13.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.02 | -0.81 |
| Avg | -1.04 | -0.78 |
| Low | -1.06 | -0.75 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.