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
Target Low Average Median High
Price $1.50 $1.50 $1.50 $1.50
Change +21.95% +21.95% +21.95% +21.95%
* 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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 111000
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 222111

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
More Analyst Ratings

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
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
245.00K343.00K867.00K19.58M25.31M25.60M28.31M28.39M
Revenue Growth
227.17%40.00%152.77%2,157.90%29.31%1.14%10.56%0.31%
EPS
-1.17-1.480.49-1.70-0.35-0.21-0.19-0.19
EPS Growth
--------
Forward PE
--------
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
4.5%
18.9%
3.3%
Avg
1.1%
10.6%
0.3%
Low
-3.2%
1.4%
-3.6%

EPS Forecast

EPS 202420252026
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 202420252026
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.