On May 8, 2025, analyst Jaeson Schmidt from Lake Street has announced updates regarding Identiv (INVE, Financial), a prominent player on the NASDAQ. The analyst has opted to maintain a 'Buy' rating for the stock, suggesting continued confidence in the company’s potential. However, there has been an adjustment to the price target.
The price target for Identiv (INVE, Financial) has been lowered to $5.00 USD from the previous target of $6.00 USD, reflecting a decrease of 16.67%. This adjustment indicates a recalibration of expectations concerning the stock's near-term valuation.
Despite the lowered price target, the 'Buy' rating for Identiv (INVE, Financial) remains unchanged, signaling that the stock is still perceived as a valuable investment opportunity by Lake Street. Investors are encouraged to consider both the maintained rating and the adjusted valuation in their investment strategies moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Identiv Inc (INVE, Financial) is $6.17 with a high estimate of $6.50 and a low estimate of $6.00. The average target implies an upside of 93.31% from the current price of $3.19. More detailed estimate data can be found on the Identiv Inc (INVE) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Identiv Inc's (INVE, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Identiv Inc (INVE, Financial) in one year is $2.65, suggesting a downside of 16.93% from the current price of $3.19. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Identiv Inc (INVE) Summary page.
