VerifyMe, Inc. (VRME)
NASDAQ: VRME · Real-Time Price · USD
1.230
-0.030 (-2.38%)
Oct 29, 2024, 4:00 PM EDT - Market closed
VerifyMe Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for VerifyMe stock has a target of 1.50, which predicts an increase of 21.95% from the current stock price of 1.23.
Analyst Consensus: Buy
* Price targets were last updated on Aug 14, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for VerifyMe is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 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 | 2 | 2 | 2 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $2 → $1.5 | Buy | Maintains | $2 → $1.5 | +21.95% | Aug 14, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $2 → $1.7 | Buy | Maintains | $2 → $1.7 | +38.21% | May 24, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $1.7 → $2 | Buy | Maintains | $1.7 → $2 | +62.60% | May 15, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $1.7 | Buy | Maintains | $1.7 | +38.21% | Mar 22, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $2 → $1.7 | Buy | Maintains | $2 → $1.7 | +38.21% | Aug 15, 2023 |
Financial Forecast
Revenue This Year
25.60M
from 25.31M
Increased by 1.14%
Revenue Next Year
28.31M
from 25.60M
Increased by 10.56%
EPS This Year
-0.21
from -0.35
EPS Next Year
-0.19
from -0.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.5M | 30.5M | 29.2M |
| Avg | 25.6M | 28.3M | 28.4M |
| Low | 24.5M | 26.0M | 27.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.5% | 18.9% | 3.3% |
| Avg | 1.1% | 10.6% | 0.3% |
| Low | -3.2% | 1.4% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.20 | -0.19 | -0.20 |
| Avg | -0.21 | -0.19 | -0.19 |
| Low | -0.23 | -0.19 | -0.19 |
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.