Digimarc Corporation (DMRC)
NASDAQ: DMRC · Real-Time Price · USD
31.83
+0.47 (1.50%)
Nov 21, 2024, 11:41 AM EST - Market open
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 an increase of 6.82% from the current stock price of 31.83.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 | +25.67% | Nov 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +25.67% | Aug 14, 2024 |
| Needham | Needham | Hold → Strong Buy Upgrades $40 | Hold → Strong Buy | Upgrades | $40 | +25.67% | 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 | -12.03% | 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
-0.97
from -2.26
EPS Next Year
-0.75
from -0.97
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 | -0.99 | -0.74 |
| Avg | -0.97 | -0.75 |
| Low | -0.95 | -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.