Iteris, Inc. (ITI)
NASDAQ: ITI · IEX Real-Time Price · USD
4.530
+0.020 (0.44%)
At close: May 31, 2024, 4:00 PM
4.460
-0.070 (-1.55%)
After-hours: May 31, 2024, 7:53 PM EDT
Iteris Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Iteris stock have an average target of 8.83, with a low estimate of 7.00 and a high estimate of 11. The average target predicts an increase of 94.92% from the current stock price of 4.53.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 30, 2024.
Analyst Ratings
The average analyst rating for Iteris stock from 3 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy Initiates $11 | Strong Buy | Initiates | $11 | +142.83% | Apr 30, 2024 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +54.53% | Mar 20, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $7 | Strong Buy | Maintains | $7 | +54.53% | Mar 12, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +54.53% | Feb 12, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6 → $8.5 | Strong Buy | Maintains | $6 → $8.5 | +87.64% | Feb 9, 2024 |
Financial Forecast
Revenue This Year
173.48M
from 156.05M
Increased by 11.17%
Revenue Next Year
192.21M
from 173.48M
Increased by 10.80%
EPS This Year
0.10
from -0.35
EPS Next Year
0.20
from 0.10
Increased by 100.00%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 181.6M | 202.1M | 225.8M | 255.2M |
| Avg | 173.5M | 192.2M | 217.2M | 245.5M |
| Low | 167.6M | 183.2M | 210.8M | 238.2M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 16.3% | 16.5% | 17.5% | 17.5% |
| Avg | 11.2% | 10.8% | 13.0% | 13.0% |
| Low | 7.4% | 5.6% | 9.7% | 9.6% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | 0.12 | 0.25 | 0.29 | 0.61 |
| Avg | 0.10 | 0.20 | 0.28 | 0.59 |
| Low | 0.09 | 0.15 | 0.27 | 0.57 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| High | - | 149.5% | 45.5% | 115.3% |
| Avg | - | 100.0% | 40.0% | 107.1% |
| Low | - | 45.5% | 35.8% | 101.0% |
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.