Inotiv, Inc. (NOTV)
NASDAQ: NOTV · Real-Time Price · USD
4.080
+0.240 (6.25%)
At close: Dec 20, 2024, 4:00 PM
4.099
+0.019 (0.46%)
After-hours: Dec 20, 2024, 5:33 PM EST
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 45.10% from the current stock price of 4.08.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 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 | -1.96% | Sep 30, 2024 |
| Lake Street | Lake Street | Strong Buy → Hold Downgrades $10 → $2 | Strong Buy → Hold | Downgrades | $10 → $2 | -50.98% | May 16, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $25 → $10 | Strong Buy | Maintains | $25 → $10 | +145.10% | May 16, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $12 → $3.75 | Strong Buy → Hold | Downgrades | $12 → $3.75 | -8.09% | May 14, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $3 → $12 | Hold → Strong Buy | Upgrades | $3 → $12 | +181.86% | Feb 9, 2024 |
Financial Forecast
Revenue This Year
525.79M
from 490.74M
Increased by 7.14%
Revenue Next Year
555.91M
from 525.79M
Increased by 5.73%
EPS This Year
-2.75
from -4.19
EPS Next Year
-1.97
from -2.75
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 549.4M | 580.8M | 816.4M | ||
| Avg | 525.8M | 555.9M | 793.1M | ||
| Low | 491.4M | 521.2M | 762.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.9% | 10.5% | 46.9% | ||
| Avg | 7.1% | 5.7% | 42.7% | ||
| Low | 0.1% | -0.9% | 37.1% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -2.75 | -1.74 |
| Avg | -2.75 | -1.97 |
| Low | -2.72 | -2.17 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| 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.