International Game Technology PLC (IGT)
NYSE: IGT · IEX Real-Time Price · USD
20.16
+0.17 (0.85%)
Jul 2, 2024, 4:00 PM EDT - 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, with a low estimate of 23 and a high estimate of 33. The average target predicts an increase of 38.89% from the current stock price of 20.16.
Analyst Consensus: Buy
* Price targets were last updated on May 30, 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 2 | 3 | 3 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold → Strong Buy Upgrades $24 → $26 | Hold → Strong Buy | Upgrades | $24 → $26 | +28.97% | May 30, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $40 → $33 | Buy | Maintains | $40 → $33 | +63.69% | May 16, 2024 |
| Stifel | Stifel | Hold Maintains $24 | Hold | Maintains | $24 | +19.05% | May 15, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $26 → $23 | Hold | Maintains | $26 → $23 | +14.09% | May 15, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $28 → $26 | Hold | Maintains | $28 → $26 | +28.97% | Apr 23, 2024 |
Financial Forecast
Revenue This Year
4.44B
from 4.31B
Increased by 3.06%
Revenue Next Year
4.58B
from 4.44B
Increased by 3.15%
EPS This Year
1.66
from 0.77
Increased by 115.90%
EPS Next Year
2.02
from 1.66
Increased by 21.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.6B | 4.8B | 5.0B |
| Avg | 4.4B | 4.6B | 4.7B |
| Low | 4.3B | 4.4B | 4.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.6% | 8.6% | 8.6% |
| Avg | 3.1% | 3.2% | 3.2% |
| Low | -0.2% | -0.6% | -1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.46 | 2.65 | 3.28 |
| Avg | 1.66 | 2.02 | 2.52 |
| Low | 1.28 | 1.63 | 2.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 219.1% | 59.2% | 62.5% |
| Avg | 115.9% | 21.3% | 25.1% |
| Low | 66.7% | -2.1% | 1.6% |
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.