Identiv, Inc. (INVE)
NASDAQ: INVE · IEX Real-Time Price · USD
5.12
+0.02 (0.39%)
At close: Apr 25, 2024, 4:00 PM
5.36
+0.24 (4.69%)
Pre-market: Apr 26, 2024, 8:05 AM EDT
Identiv Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Identiv stock has a target of 9.50, which predicts an increase of 85.55% from the current stock price of 5.12.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Identiv is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $10 → $9.5 | Strong Buy | Maintains | $10 → $9.5 | +85.55% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $10 → $11 | Hold → Strong Buy | Upgrades | $10 → $11 | +114.84% | 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 | +134.38% | Nov 3, 2022 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $22 → $19 | Strong Buy | Maintains | $22 → $19 | +271.09% | Oct 4, 2022 |
Financial Forecast
Revenue This Year
120.18M
from 116.38M
Increased by 3.26%
Revenue Next Year
130.92M
from 120.18M
Increased by 8.94%
EPS This Year
-0.17
from -0.29
EPS Next Year
-0.02
from -0.17
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 125.3M | 138.3M | 150.6M | 162.7M |
| Avg | 120.2M | 130.9M | 146.3M | 158.0M |
| Low | 114.7M | 120.6M | 140.5M | 151.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.6% | 15.1% | 15.0% | 11.2% |
| Avg | 3.3% | 8.9% | 11.7% | 8.0% |
| Low | -1.5% | 0.4% | 7.3% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.15 | 0.25 |
| Avg | -0.17 | -0.02 |
| Low | -0.36 | -0.19 |
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.