International Game Technology PLC (IGT)
NYSE: IGT · Real-Time Price · USD
18.99
+0.24 (1.28%)
Nov 21, 2024, 4:00 PM EST - Market closed

IGT Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for IGT stock have an average target of 28.67, with a low estimate of 23 and a high estimate of 33. The average target predicts an increase of 50.97% from the current stock price of 18.99.

Analyst Consensus: Buy
Target Low Average Median High
Price $23 $28.67 $30 $33
Change +21.12% +50.97% +57.98% +73.78%
* Price targets were last updated on Jul 31, 2024.

Analyst Ratings

The average analyst rating for IGT stock from 6 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 '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333333
Buy 111111
Hold 222222
Sell 000000
Strong Sell 000000
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Stifel
Stifel
Strong Buy
Maintains
$26$30
Strong Buy Maintains $26$30 +57.98% Jul 31, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$30
Strong Buy Maintains $30 +57.98% Jul 26, 2024
Stifel
Stifel
Strong Buy
Upgrades
$24$26
Strong Buy Upgrades $24$26 +36.91% May 30, 2024
Susquehanna
Susquehanna
Buy
Maintains
$40$33
Buy Maintains $40$33 +73.78% May 16, 2024
Stifel
Stifel
Hold
Maintains
$24
Hold Maintains $24 +26.38% May 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.53B
from 4.31B
Decreased by -41.26%
Revenue Next Year
2.57B
from 2.53B
Increased by 1.50%
EPS This Year
1.09
from 0.84
Increased by 29.26%
EPS Next Year
1.01
from 1.09
Decreased by -6.79%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
4.03B3.12B4.09B4.22B4.31B2.53B2.57B2.62B
Revenue Growth
1.28%-22.74%31.27%3.28%2.04%-41.26%1.50%1.87%
EPS
-0.10-4.392.321.370.841.091.011.32
EPS Growth
----41.06%-38.69%29.26%-6.79%30.61%
Forward PE
-----17.4918.7614.37
No. Analysts -----996
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.7B 2.7B 2.8B
Avg 2.5B 2.6B 2.6B
Low 2.4B 2.5B 2.4B

Revenue Growth

Revenue Growth 202420252026
High
-38.3%
6.8%
7.7%
Avg
-41.3%
1.5%
1.9%
Low
-43.7%
-3.2%
-4.8%

EPS Forecast

EPS 202420252026
High 1.42 1.26 1.64
Avg 1.09 1.01 1.32
Low 0.86 0.74 1.05

EPS Growth

EPS Growth 202420252026
High
68.8%
16.0%
61.9%
Avg
29.3%
-6.8%
30.6%
Low
2.7%
-32.3%
3.6%
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.