Iteris, Inc. (ITI)
NASDAQ: ITI · IEX Real-Time Price · USD
4.360
+0.110 (2.59%)
At close: Jul 2, 2024, 4:00 PM
4.370
+0.010 (0.23%)
After-hours: Jul 2, 2024, 4:25 PM EDT
Iteris Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Iteris stock have an average target of 8.83, with a low estimate of 7.00 and a high estimate of 11. The average target predicts an increase of 102.52% from the current stock price of 4.36.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Iteris stock from 3 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 | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 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 | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Maintains $7 | Strong Buy | Maintains | $7 | +60.55% | Jun 14, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +152.29% | Apr 30, 2024 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +60.55% | Mar 20, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $7 | Strong Buy | Maintains | $7 | +60.55% | Mar 12, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +60.55% | Feb 12, 2024 |
Financial Forecast
Revenue This Year
192.21M
from 171.99M
Increased by 11.76%
Revenue Next Year
217.24M
from 192.21M
Increased by 13.02%
EPS This Year
0.20
from 0.07
Increased by 188.57%
EPS Next Year
0.28
from 0.20
Increased by 40.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 202.1M | 225.8M | 255.2M |
| Avg | 192.2M | 217.2M | 245.4M |
| Low | 183.2M | 210.8M | 238.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.5% | 17.5% | 17.5% |
| Avg | 11.8% | 13.0% | 13.0% |
| Low | 6.5% | 9.7% | 9.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.25 | 0.29 | 0.60 |
| Avg | 0.20 | 0.28 | 0.58 |
| Low | 0.15 | 0.27 | 0.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 260.0% | 45.5% | 111.6% |
| Avg | 188.6% | 40.0% | 103.6% |
| Low | 110.0% | 35.8% | 97.5% |
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.