Identiv, Inc. (INVE)
NASDAQ: INVE · Real-Time Price · USD
3.910
+0.010 (0.26%)
Nov 21, 2024, 10:54 AM EST - Market open
Identiv Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Identiv stock have an average target of 7.25, with a low estimate of 6.00 and a high estimate of 8.50. The average target predicts an increase of 85.42% from the current stock price of 3.91.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $9.5 → $8.5 | Strong Buy | Maintains | $9.5 → $8.5 | +117.39% | Aug 9, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $8 → $6 | Strong Buy | Maintains | $8 → $6 | +53.45% | Aug 9, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +104.60% | May 9, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $10 → $9.5 | Strong Buy | Maintains | $10 → $9.5 | +142.97% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $10 → $11 | Hold → Strong Buy | Upgrades | $10 → $11 | +181.33% | Jun 26, 2023 |
Financial Forecast
Revenue This Year
42.20M
from 116.38M
Decreased by -63.74%
Revenue Next Year
24.92M
from 42.20M
Decreased by -40.94%
EPS This Year
-1.05
from -0.29
EPS Next Year
-1.02
from -1.05
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 44.0M | 27.3M | 34.2M | ||
| Avg | 42.2M | 24.9M | 33.3M | ||
| Low | 40.2M | 21.9M | 31.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -62.2% | -35.3% | 37.3% | ||
| Avg | -63.7% | -40.9% | 33.4% | ||
| Low | -65.4% | -48.2% | 28.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.97 | -0.97 | -1.01 |
| Avg | -1.05 | -1.02 | -0.98 |
| Low | -1.09 | -1.12 | -0.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.