Iteris, Inc. (ITI)
NASDAQ: ITI · IEX Real-Time Price · USD
4.500
-0.090 (-1.96%)
At close: Apr 19, 2024, 4:00 PM
4.440
-0.060 (-1.33%)
After-hours: Apr 19, 2024, 5:00 PM EDT
Iteris Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Iteris stock have an average target of 7.50, with a low estimate of 7.00 and a high estimate of 8.50. The average target predicts an increase of 66.67% from the current stock price of 4.50.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 20, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 Reiterates $7 | Strong Buy | Reiterates | $7 | +55.56% | Mar 20, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $7 | Strong Buy | Maintains | $7 | +55.56% | Mar 12, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +55.56% | Feb 12, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6 → $8.5 | Strong Buy | Maintains | $6 → $8.5 | +88.89% | Feb 9, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $5 → $6 | Strong Buy | Maintains | $5 → $6 | +33.33% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
173.57M
from 156.05M
Increased by 11.23%
Revenue Next Year
192.21M
from 173.57M
Increased by 10.74%
EPS This Year
0.10
from -0.35
EPS Next Year
0.21
from 0.10
Increased by 107.32%
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 181.6M | 202.1M |
| Avg | 173.6M | 192.2M |
| Low | 167.6M | 183.2M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | 16.3% | 16.5% |
| Avg | 11.2% | 10.7% |
| Low | 7.4% | 5.6% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | 0.12 | 0.25 |
| Avg | 0.10 | 0.21 |
| Low | 0.09 | 0.20 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | 143.4% |
| Avg | - | 107.3% |
| Low | - | 89.3% |
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.