Digimarc Corporation (DMRC)
NASDAQ: DMRC · IEX Real-Time Price · USD
32.61
-0.41 (-1.24%)
At close: Jul 19, 2024, 4:00 PM
32.65
+0.04 (0.12%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
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 4.26% from the current stock price of 32.61.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold → Strong Buy Upgrades $40 | Hold → Strong Buy | Upgrades | $40 | +22.66% | 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 | -14.14% | May 3, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $17 → $25 | Hold | Maintains | $17 → $25 | -23.34% | May 11, 2023 |
| Craig-Hallum | Craig-Hallum | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jul 7, 2017 |
Financial Forecast
Revenue This Year
41.96M
from 34.85M
Increased by 20.41%
Revenue Next Year
49.96M
from 41.96M
Increased by 19.05%
EPS This Year
-1.05
from -2.26
EPS Next Year
-0.89
from -1.05
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 43.9M | 51.5M |
| Avg | 42.0M | 50.0M |
| Low | 39.7M | 47.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 25.9% | 22.7% |
| Avg | 20.4% | 19.0% |
| Low | 13.9% | 14.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.06 | -0.91 |
| Avg | -1.05 | -0.89 |
| Low | -1.03 | -0.86 |
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.