Identiv, Inc. (INVE)
NASDAQ: INVE · IEX Real-Time Price · USD
4.110
-0.040 (-0.96%)
At close: Jul 2, 2024, 4:00 PM
4.190
+0.080 (1.95%)
After-hours: Jul 2, 2024, 4:08 PM EDT
Identiv Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Identiv stock have an average target of 8.75, with a low estimate of 8.00 and a high estimate of 9.50. The average target predicts an increase of 112.90% from the current stock price of 4.11.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for Identiv stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +94.65% | May 9, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $10 → $9.5 | Strong Buy | Maintains | $10 → $9.5 | +131.14% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $10 → $11 | Hold → Strong Buy | Upgrades | $10 → $11 | +167.64% | Jun 26, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 3, 2022 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $19 → $12 | Strong Buy → Hold | Downgrades | $19 → $12 | +191.97% | Nov 3, 2022 |
Financial Forecast
Revenue This Year
92.68M
from 116.38M
Decreased by -20.36%
Revenue Next Year
115.92M
from 92.68M
Increased by 25.07%
EPS This Year
-0.68
from -0.29
EPS Next Year
-0.49
from -0.68
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 109.5M | 119.7M | 150.6M | 140.5M | 147.1M |
| Avg | 92.7M | 115.9M | 146.3M | 136.5M | 142.9M |
| Low | 67.1M | 111.0M | 140.5M | 131.1M | 137.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -5.9% | 29.1% | 29.9% | -4.0% | 7.8% |
| Avg | -20.4% | 25.1% | 26.2% | -6.7% | 4.7% |
| Low | -42.3% | 19.8% | 21.2% | -10.4% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.60 | -0.38 |
| Avg | -0.68 | -0.49 |
| Low | -0.80 | -0.66 |
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.