- Innovative Solutions and Support Inc. (ISSC, Financial) reported outstanding financial performance with a 103.9% increase in revenue year-over-year.
- Wall Street analysts set a one-year price target, suggesting a notable upside potential.
- GuruFocus estimates a significant upside based on the GF Value metric, pointing towards a promising investment opportunity.
Innovative Solutions and Support Inc. (ISSC) has caught the attention of investors with its impressive second-quarter financial results. The company announced GAAP EPS of $0.30, coupled with a substantial revenue of $21.9 million. This figure not only marks an extraordinary 103.9% increase from the previous year but also beats projections by $6.53 million.
Wall Street Analysts Forecast
According to consensus estimates from two Wall Street analysts, the average one-year price target for ISSC stands at $10.75. The high and low estimates are slightly varied at $10.90 and $10.60, respectively. These estimates reflect a compelling upside of 46.26% from the current trading price of $7.35. For more in-depth information, visit the Innovative Solutions and Support Inc (ISSC, Financial) Forecast page.
Brokerage Recommendations
The consensus recommendation from two brokerage firms places ISSC at an average rating of 1.5, indicating a "Buy" status. This rating is part of a scale where 1 signifies a Strong Buy, and 5 represents a Sell. Investors might find this an encouraging sign, suggesting potential growth and value.
GuruFocus's GF Value Estimate
Further strengthening the bullish outlook, GuruFocus estimates the GF Value of ISSC to be $16.55 within a year. This estimation suggests an impressive upside potential of 125.17% from the current share price of $7.35. The GF Value serves as an indicative measure of what the stock should be worth, based on historical multiples, past business growth, and future performance forecasts. Detailed and comprehensive analysis is available on the Innovative Solutions and Support Inc (ISSC, Financial) Summary page.
