VerifyMe, Inc. (VRME)
NASDAQ: VRME · IEX Real-Time Price · USD
1.240
-0.020 (-1.59%)
At close: Jul 19, 2024, 4:30 PM
1.210
-0.030 (-2.42%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
VerifyMe Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for VerifyMe stock have an average target of 2.85, with a low estimate of 1.70 and a high estimate of 4.00. The average target predicts an increase of 129.84% from the current stock price of 1.24.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for VerifyMe stock from 2 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $2 → $1.7 | Buy | Maintains | $2 → $1.7 | +37.10% | May 24, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $1.7 → $2 | Buy | Maintains | $1.7 → $2 | +61.29% | May 15, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $1.7 | Buy | Maintains | $1.7 | +37.10% | Mar 22, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $2 → $1.7 | Buy | Maintains | $2 → $1.7 | +37.10% | Aug 15, 2023 |
| Maxim Group | Maxim Group | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +222.58% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
27.64M
from 25.31M
Increased by 9.19%
Revenue Next Year
31.34M
from 27.64M
Increased by 13.40%
EPS This Year
-0.22
from -0.35
EPS Next Year
-0.14
from -0.22
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.0M | 32.6M | 35.2M |
| Avg | 27.6M | 31.3M | 34.2M |
| Low | 26.1M | 29.8M | 32.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.5% | 17.8% | 12.2% |
| Avg | 9.2% | 13.4% | 9.0% |
| Low | 3.0% | 8.0% | 4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.16 | -0.14 | -0.09 |
| Avg | -0.22 | -0.14 | -0.09 |
| Low | -0.28 | -0.14 | -0.09 |
EPS Growth
| EPS Growth | 2024 | 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.