International Game Technology PLC (IGT)
NYSE: IGT · Real-Time Price · USD
17.22
+0.15 (0.88%)
Dec 20, 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 66.49% from the current stock price of 17.22.
Analyst Consensus: Buy
* 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $26 → $30 | Strong Buy | Maintains | $26 → $30 | +74.22% | Jul 31, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $30 | Strong Buy | Maintains | $30 | +74.22% | Jul 26, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $24 → $26 | Hold → Strong Buy | Upgrades | $24 → $26 | +50.99% | May 30, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $40 → $33 | Buy | Maintains | $40 → $33 | +91.64% | May 16, 2024 |
| Stifel | Stifel | Hold Maintains $24 | Hold | Maintains | $24 | +39.37% | May 15, 2024 |
Financial Forecast
Revenue This Year
2.47B
from 4.31B
Decreased by -42.70%
Revenue Next Year
2.53B
from 2.47B
Increased by 2.27%
EPS This Year
0.88
from 0.84
Increased by 4.19%
EPS Next Year
1.13
from 0.88
Increased by 28.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.7B | 2.8B |
| Avg | 2.5B | 2.5B | 2.6B |
| Low | 2.0B | 2.1B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -38.4% | 10.7% | 9.5% |
| Avg | -42.7% | 2.3% | 2.3% |
| Low | -53.0% | -14.7% | -9.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.37 | 1.92 | 1.76 |
| Avg | 0.88 | 1.13 | 1.47 |
| Low | 0.40 | 0.88 | 1.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 62.5% | 119.6% | 56.3% |
| Avg | 4.2% | 29.0% | 30.6% |
| Low | -52.2% | 0.8% | -1.3% |
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.