Inotiv, Inc. (NOTV)
NASDAQ: NOTV · IEX Real-Time Price · USD
1.610
+0.020 (1.26%)
At close: Jul 2, 2024, 4:00 PM
1.670
+0.060 (3.73%)
After-hours: Jul 2, 2024, 7:31 PM EDT
Inotiv Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Inotiv stock have an average target of 6.19, with a low estimate of 2.00 and a high estimate of 10. The average target predicts an increase of 284.47% from the current stock price of 1.61.
Analyst Consensus: Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for Inotiv stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $10 → $2 | Strong Buy → Hold | Downgrades | $10 → $2 | +24.22% | May 16, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $25 → $10 | Strong Buy | Maintains | $25 → $10 | +521.12% | May 16, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $12 → $3.75 | Strong Buy → Hold | Downgrades | $12 → $3.75 | +132.92% | May 14, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $3 → $12 | Hold → Strong Buy | Upgrades | $3 → $12 | +614.29% | Feb 9, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $34 → $25 | Strong Buy | Maintains | $34 → $25 | +1,452.80% | Dec 12, 2023 |
Financial Forecast
Revenue This Year
517.09M
from 572.43M
Decreased by -9.67%
Revenue Next Year
548.20M
from 517.09M
Increased by 6.02%
EPS This Year
-4.11
from -4.10
EPS Next Year
-2.65
from -4.11
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 536.1M | 571.3M | 712.8M | 816.4M | 894.0M |
| Avg | 517.1M | 548.2M | 692.4M | 793.1M | 868.5M |
| Low | 494.7M | 520.2M | 665.2M | 762.0M | 834.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -6.3% | 10.5% | 30.0% | 17.9% | 12.7% |
| Avg | -9.7% | 6.0% | 26.3% | 14.5% | 9.5% |
| Low | -13.6% | 0.6% | 21.3% | 10.1% | 5.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -4.12 | -2.51 |
| Avg | -4.11 | -2.65 |
| Low | -4.05 | -2.74 |
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.