DA Davidson has raised its rating on Intellicheck (IDN, Financial) from Neutral to Buy, reflecting increased confidence in the company's potential. The firm's revised price target for IDN now stands at $5.50, a notable increase from the previous target of $3. This upgrade signals optimism about Intellicheck's future prospects and potential growth within the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Intellicheck Inc (IDN, Financial) is $3.50 with a high estimate of $4.00 and a low estimate of $3.00. The average target implies an downside of 8.97% from the current price of $3.84. More detailed estimate data can be found on the Intellicheck Inc (IDN) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Intellicheck Inc's (IDN, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" 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 Intellicheck Inc (IDN, Financial) in one year is $2.98, suggesting a downside of 22.49% from the current price of $3.8449. 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 Intellicheck Inc (IDN) Summary page.
IDN Key Business Developments
Release Date: May 13, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Intellicheck Inc (IDN, Financial) has significantly increased its recurring revenue stream from under $2 million to almost $20 million annually.
- The company is making progress in migrating clients from Azure to AWS, which is expected to result in cloud savings and improved data analytics.
- Intellicheck Inc (IDN) is diversifying its client base beyond retail credit cards into sectors like retail banking, title insurance, auto, and logistics.
- The company has appointed Tim Poolin as Senior Vice President of Sales, who has a strong track record in driving revenue and fostering client relationships.
- Gross margins remain strong at around 90%, with an adjusted gross margin of 91.8% in Q1 2025, indicating scalability and efficiency.
Negative Points
- Retail revenue has decreased by 26% from Q1 2024, reflecting challenges in the retail sector.
- The company is still in the process of integrating new clients and systems, which can delay revenue realization.
- Economic conditions have led to a decrease in consumer confidence, impacting retail purchases.
- The company faces challenges in penetrating new markets and requires time to establish itself in sectors like logistics and background checks.
- There is a reliance on resellers for market penetration, which may limit direct control over sales processes and customer relationships.
