Inotiv, Inc. (NOTV)
NASDAQ: NOTV · Real-Time Price · USD
3.500
+0.290 (9.03%)
Nov 21, 2024, 12:57 PM EST - Market open
Inotiv Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Inotiv stock have an average target of 5.92, with a low estimate of 3.75 and a high estimate of 10. The average target predicts an increase of 69.14% from the current stock price of 3.50.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 30, 2024.
Analyst Ratings
The average analyst rating for Inotiv 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Hold → Strong Buy Upgrades $2 → $4 | Hold → Strong Buy | Upgrades | $2 → $4 | +14.29% | Sep 30, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $10 → $2 | Strong Buy → Hold | Downgrades | $10 → $2 | -42.86% | May 16, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $25 → $10 | Strong Buy | Maintains | $25 → $10 | +185.71% | May 16, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $12 → $3.75 | Strong Buy → Hold | Downgrades | $12 → $3.75 | +7.14% | May 14, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $3 → $12 | Hold → Strong Buy | Upgrades | $3 → $12 | +228.57% | Feb 9, 2024 |
Financial Forecast
Revenue This Year
486.79M
from 572.43M
Decreased by -14.96%
Revenue Next Year
529.11M
from 486.79M
Increased by 8.69%
EPS This Year
-4.52
from -4.10
EPS Next Year
-2.67
from -4.52
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 501.2M | 546.7M | 712.8M | |||
| Avg | 486.8M | 529.1M | 692.4M | |||
| Low | 467.7M | 506.5M | 665.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -12.4% | 12.3% | 34.7% | |||
| Avg | -15.0% | 8.7% | 30.9% | |||
| Low | -18.3% | 4.0% | 25.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -4.59 | -2.35 |
| Avg | -4.52 | -2.67 |
| Low | -4.41 | -2.94 |
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.