NTIC Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for NTIC stock has a target of 20, which predicts an increase of 40.08% from the current stock price of 14.28.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$20	$20	$20	$20
Change	+40.08%	+40.08%	+40.08%	+40.08%

* Price targets were last updated on Jul 12, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for NTIC is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
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	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $20	Buy	Maintains	$20	+40.08%	Jul 12, 2024
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $19 → $20	Buy	Maintains	$19 → $20	+40.08%	Apr 12, 2024
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $21 → $20	Buy	Maintains	$21 → $20	+40.08%	Apr 14, 2023
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $16 → $13	Buy	Maintains	$16 → $13	-8.95%	Apr 8, 2020
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Initiates $16	Buy	Initiates	$16	+12.06%	Sep 12, 2019

More Analyst Ratings

Financial Forecast

Revenue This Year

85.88M

from 79.90M

7.49%

from 79.90M

Revenue Next Year

95.78M

from 85.88M

11.52%

from 85.88M

EPS This Year

0.59

from 0.30

97.20%

from 0.30

EPS Next Year

0.82

from 0.59

37.93%

from 0.59

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Aug 31, 2019	Aug 31, 2020	Aug 31, 2021	Aug 31, 2022	Aug 31, 2023	Aug 31, 2024	Aug 31, 2025
Revenue	55.75M	47.64M	56.49M	74.16M	79.90M	85.88M	95.78M
Revenue Growth	8.41%	-14.55%	18.59%	31.27%	7.75%	7.49%	11.52%
EPS	0.55	-0.15	0.64	0.66	0.30	0.59	0.82
EPS Growth	-23.61%	-	-	3.12%	-54.55%	97.20%	37.93%
Forward PE	-	-	-	-	-	24.13	17.50
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	88.4M	98.6M
Avg	85.9M	95.8M
Low	82.5M	92.0M

Revenue Growth

Revenue Growth	2024	2025
High	10.6%	14.8%
Avg	7.5%	11.5%
Low	3.3%	7.1%

EPS Forecast

EPS	2024	2025
High	0.61	0.84
Avg	0.59	0.82
Low	0.57	0.78

EPS Growth

EPS Growth	2024	2025
High	103.0%	42.0%
Avg	97.2%	37.9%
Low	89.5%	32.5%

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.