VerifyMe, Inc. (VRME)
NASDAQ: VRME · IEX Real-Time Price · USD
1.580
+0.010 (0.64%)
Apr 16, 2024, 3:38 PM EDT - Market closed
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 80.38% from the current stock price of 1.58.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 $1.7 | Buy | Maintains | $1.7 | +7.59% | Mar 22, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $2 → $1.7 | Buy | Maintains | $2 → $1.7 | +7.59% | Aug 15, 2023 |
| Maxim Group | Maxim Group | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +153.16% | Aug 14, 2023 |
| Barrington Research | Barrington Research | Buy Reiterates $2 | Buy | Reiterates | $2 | +26.58% | May 12, 2023 |
| Barrington Research | Barrington Research | Buy Reiterates $2 | Buy | Reiterates | $2 | +26.58% | Mar 29, 2023 |
Financial Forecast
Revenue This Year
28.56M
from 25.31M
Increased by 12.83%
Revenue Next Year
33.15M
from 28.56M
Increased by 16.07%
EPS This Year
-0.28
from -0.35
EPS Next Year
-0.14
from -0.28
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 29.4M | 34.1M |
| Avg | 28.6M | 33.2M |
| Low | 27.4M | 31.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 16.1% | 19.5% |
| Avg | 12.8% | 16.1% |
| Low | 8.4% | 11.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.28 | -0.15 |
| Avg | -0.28 | -0.14 |
| Low | -0.26 | -0.14 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.