International Game Technology PLC (IGT)
NYSE: IGT · IEX Real-Time Price · USD
20.54
+0.03 (0.15%)
Apr 24, 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 31, with a low estimate of 26 and a high estimate of 48. The average target predicts an increase of 50.93% from the current stock price of 20.54.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 2 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $28 → $26 | Hold | Maintains | $28 → $26 | +26.58% | Apr 23, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | +46.06% | Apr 5, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $30 → $27 | Strong Buy | Maintains | $30 → $27 | +31.45% | Mar 13, 2024 |
| Stifel | Stifel | Hold Reiterates $30 → $26 | Hold | Reiterates | $30 → $26 | +26.58% | Mar 13, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $30 → $28 | Hold | Maintains | $30 → $28 | +36.32% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
4.39B
from 4.31B
Increased by 1.90%
Revenue Next Year
4.55B
from 4.39B
Increased by 3.48%
EPS This Year
1.60
from 0.77
Increased by 108.00%
EPS Next Year
2.10
from 1.60
Increased by 31.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.6B | 4.8B | 5.0B |
| Avg | 4.4B | 4.5B | 4.7B |
| Low | 4.2B | 4.3B | 4.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.0% | 9.8% | 9.4% |
| Avg | 1.9% | 3.5% | 3.9% |
| Low | -1.9% | -1.2% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.46 | 2.65 | 3.28 |
| Avg | 1.60 | 2.10 | 2.70 |
| Low | 1.06 | 1.60 | 2.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 219.1% | 65.2% | 55.7% |
| Avg | 108.0% | 31.4% | 28.2% |
| Low | 37.5% | -0.3% | 3.4% |
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.