i3 Verticals (IIIV) Stock Forecast, Price Target & Predictions
IIIV Stock Forecast
i3 Verticals stock forecast is as follows: an average price target of $28.33 (represents a 28.66% upside from IIIV’s last price of $22.02) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
IIIV Price Target
The average price target for i3 Verticals (IIIV) is $28.33 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $24.00. This represents a potential 28.66% upside from IIIV's last price of $22.02.
IIIV Analyst Ratings
According to 5 Wall Street analysts, i3 Verticals's rating consensus is 'Buy'. The analyst rating breakdown for IIIV stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
i3 Verticals Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 12, 2024 | Alex Markgraff | KeyBanc | $27.00 | $22.42 | 20.43% | 22.62% |
| Jul 29, 2024 | Mark Palmer | Coker Palmer | $33.00 | $24.69 | 33.66% | 49.86% |
| Jun 27, 2024 | John Davis | Raymond James | $31.00 | $22.47 | 37.96% | 40.78% |
| Jun 27, 2024 | Charles Nabhan | Stephens | $29.00 | $22.33 | 29.87% | 31.70% |
| May 13, 2024 | Rufus Hone | BMO Capital | $24.00 | $20.04 | 19.79% | 8.99% |
| Aug 10, 2022 | - | Morgan Stanley | $26.00 | $27.44 | -5.25% | 18.07% |
| May 11, 2022 | - | Morgan Stanley | $25.50 | $24.66 | 3.39% | 15.80% |
The latest i3 Verticals stock forecast, released on Aug 12, 2024 by Alex Markgraff from KeyBanc, set a price target of $27.00, which represents a 20.43% increase from the stock price at the time of the forecast ($22.42), and a 22.62% increase from IIIV last price ($22.02).
i3 Verticals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 5 |
| Avg Price Target | - | $30.00 | $28.80 |
| Last Closing Price | $22.02 | $22.02 | $22.02 |
| Upside/Downside | -100.00% | 36.24% | 30.79% |
In the current month, the average price target of i3 Verticals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to i3 Verticals's last price of $22.02. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 16, 2024 | Raymond James | Underperform | Underperform | Hold |
| Aug 16, 2024 | Stephens | Buy | Buy | Hold |
| Aug 12, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jul 29, 2024 | Benchmark | Buy | Buy | Hold |
| Jun 27, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Jun 27, 2024 | Stephens | Market Perform | Market Perform | Hold |
| Jun 27, 2024 | Stephens | Overweight | Overweight | Hold |
| May 13, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Apr 01, 2024 | Morgan Stanley | Market Perform | Market Perform | Hold |
| Apr 01, 2024 | BMO Capital | Underperform | Underperform | Hold |
i3 Verticals's last stock rating was published by Raymond James on Aug 16, 2024. The company gave IIIV a "Underperform" rating, the same as its previous rate.
i3 Verticals Financial Forecast
i3 Verticals Revenue Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $91.99M | $96.41M | $93.93M | $93.87M | $86.03M | $85.25M | - | $78.12M | $73.94K | - | $61.96M | $47.86M | $43.31M | $38.27M | $31.57M | $39.18M | $41.11M | $108.56M | $97.48M |
| Avg Forecast | $117.16M | $109.53M | $107.46M | $104.44M | $67.30M | $62.67M | $63.99M | $59.61M | $61.54M | $96.14M | $97.63M | $93.05M | $98.40M | $94.04M | $91.57M | $87.73M | $80.00M | $77.62M | $71.94M | $70.00M | $64.48M | $55.99M | $48.00M | $41.24M | $38.05M | $26.78M | $35.57M | $39.06M | $38.19M | $35.22M |
| High Forecast | $121.30M | $113.39M | $111.26M | $108.13M | $69.67M | $64.88M | $66.25M | $61.71M | $62.17M | $99.54M | $101.07M | $93.81M | $101.05M | $97.36M | $94.81M | $90.83M | $82.82M | $77.62M | $73.34M | $71.37M | $65.74M | $57.09M | $48.94M | $42.05M | $38.80M | $27.31M | $36.26M | $39.82M | $38.94M | $35.91M |
| Low Forecast | $111.81M | $104.52M | $102.55M | $99.67M | $64.22M | $59.80M | $61.06M | $56.88M | $60.92M | $91.75M | $93.17M | $91.94M | $96.98M | $89.74M | $87.39M | $83.72M | $76.34M | $77.62M | $71.31M | $69.39M | $63.92M | $55.51M | $47.58M | $40.89M | $37.72M | $26.55M | $35.26M | $38.72M | $37.86M | $34.91M |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.98% | 1.00% | 1.03% | 0.98% | 1.07% | - | 1.09% | 0.00% | - | 1.11% | 1.00% | 1.05% | 1.01% | 1.18% | 1.10% | 1.05% | 2.84% | 2.77% |
i3 Verticals's average Quarter revenue forecast for Mar 24 based on 1 analysts is $97.63M, with a low forecast of $93.17M, and a high forecast of $101.07M. IIIV's average Quarter revenue forecast represents a 6.13% increase compared to the company's last Quarter revenue of $91.99M (Dec 23).
i3 Verticals EBITDA Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $17.73M | $17.55M | $12.80M | $16.74M | $16.16M | $12.87M | - | $12.77M | $6.87M | $6.48M | $6.28M | $8.56M | $3.00M | $5.33M | $6.54M | $5.40M | $6.67M | $5.60M | $5.02M |
| Avg Forecast | $16.43M | $15.36M | $15.07M | $14.64M | $9.44M | $8.79M | $8.97M | $8.36M | $8.63M | $13.48M | $4.95M | $13.05M | $13.80M | $13.18M | $4.50M | $12.30M | $6.14M | $10.88M | $4.09M | $5.50M | $5.59M | $9.22M | $7.75M | $2.86M | $4.73M | $6.03M | $4.80M | $6.38M | $5.09M | $4.76M |
| High Forecast | $17.01M | $15.90M | $15.60M | $15.16M | $9.77M | $9.10M | $9.29M | $8.65M | $8.72M | $13.96M | $5.93M | $13.15M | $14.17M | $13.65M | $5.40M | $12.74M | $7.37M | $10.88M | $4.90M | $6.59M | $6.70M | $11.07M | $9.30M | $3.43M | $5.68M | $7.24M | $5.76M | $7.65M | $6.11M | $5.71M |
| Low Forecast | $15.68M | $14.66M | $14.38M | $13.97M | $9.00M | $8.38M | $8.56M | $7.98M | $8.54M | $12.86M | $3.96M | $12.89M | $13.60M | $12.58M | $3.60M | $11.74M | $4.92M | $10.88M | $3.27M | $4.40M | $4.47M | $7.38M | $6.20M | $2.29M | $3.79M | $4.82M | $3.84M | $5.10M | $4.07M | $3.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.36% | 1.27% | 0.97% | 3.72% | 1.31% | 2.09% | - | 3.13% | 1.25% | 1.16% | 0.68% | 1.11% | 1.05% | 1.13% | 1.08% | 1.13% | 1.05% | 1.10% | 1.06% |
1 analysts predict IIIV's average Quarter EBITDA for Mar 24 to be $4.95M, with a high of $5.93M and a low of $3.96M. This is -72.10% lower than i3 Verticals's previous annual EBITDA (Dec 23) of $17.73M.
i3 Verticals Net Income Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $1.10M | $4.55M | $-5.16M | $-192.00K | $169.00K | $-4.41M | - | $-10.44M | $-3.68K | - | $-3.31M | $440.00K | $-4.12M | $-651.00K | $-356.00K | $737.00K | $-149.00K | $-930.00K | $-1.19M |
| Avg Forecast | $11.83M | $9.72M | $10.07M | $9.49M | $7.60M | $6.86M | $7.16M | $6.46M | $4.78M | $8.16M | $-8.41M | $8.55M | $9.45M | $8.71M | $-7.65M | $8.43M | $8.39M | $8.50M | $-6.95M | $-2.94K | $9.80M | $-4.86M | $398.10K | $-3.92M | $-578.67K | $-328.43K | $655.11K | $-142.52K | $-845.45K | $-1.13M |
| High Forecast | $12.37M | $10.17M | $10.53M | $9.92M | $7.94M | $7.17M | $7.49M | $6.75M | $6.11M | $8.54M | $-6.73M | $8.94M | $9.91M | $9.11M | $-6.12M | $8.82M | $8.78M | $8.50M | $-5.56M | $-2.35K | $10.05M | $-3.89M | $477.71K | $-3.14M | $-462.93K | $-262.74K | $786.13K | $-114.02K | $-676.36K | $-902.65K |
| Low Forecast | $11.12M | $9.14M | $9.47M | $8.92M | $7.14M | $6.45M | $6.73M | $6.07M | $3.19M | $7.68M | $-10.09M | $8.32M | $8.99M | $8.19M | $-9.18M | $7.93M | $7.89M | $8.50M | $-8.34M | $-3.53K | $9.69M | $-5.83M | $318.48K | $-4.71M | $-694.40K | $-394.12K | $524.09K | $-171.03K | $-1.01M | $-1.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.13% | 0.48% | -0.59% | 0.03% | 0.02% | -0.53% | - | 1.50% | 1.25% | - | 0.68% | 1.11% | 1.05% | 1.13% | 1.08% | 1.13% | 1.05% | 1.10% | 1.06% |
i3 Verticals's average Quarter net income forecast for Mar 24 is $-8.41M, with a range of $-10.09M to $-6.73M. IIIV's average Quarter net income forecast represents a -866.08% decrease compared to the company's last Quarter net income of $1.10M (Dec 23).
i3 Verticals SG&A Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $53.53M | $56.10M | $55.43M | $57.20M | $51.00M | $50.91M | - | $48.72M | $46.39M | $42.10M | $37.30M | $30.51M | $24.96M | $20.12M | $18.13M | $20.79M | $19.29M | $18.44M | $17.59M |
| Avg Forecast | $58.43M | $54.62M | $53.59M | $52.09M | $33.56M | $31.25M | $31.91M | $29.73M | $30.69M | $47.95M | $55.58M | $46.41M | $49.07M | $46.90M | $50.53M | $43.75M | $39.93M | $38.71M | $45.93M | $37.11M | $36.30M | $54.77M | $27.61M | $23.77M | $17.88M | $16.73M | $18.48M | $18.45M | $16.76M | $16.66M |
| High Forecast | $60.49M | $56.55M | $55.49M | $53.93M | $34.75M | $32.36M | $33.04M | $30.78M | $31.01M | $49.64M | $66.69M | $46.78M | $50.40M | $48.56M | $60.63M | $45.30M | $47.91M | $38.71M | $55.12M | $44.53M | $43.55M | $65.72M | $33.13M | $28.53M | $21.46M | $20.07M | $22.17M | $22.14M | $20.11M | $19.99M |
| Low Forecast | $55.76M | $52.13M | $51.15M | $49.71M | $32.03M | $29.83M | $30.46M | $28.37M | $30.38M | $45.76M | $44.46M | $45.86M | $48.37M | $44.76M | $40.42M | $41.76M | $31.94M | $38.71M | $36.75M | $29.69M | $29.04M | $43.81M | $22.08M | $19.02M | $14.31M | $13.38M | $14.78M | $14.76M | $13.41M | $13.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.15% | 1.14% | 1.18% | 1.13% | 1.17% | 1.28% | - | 1.06% | 1.25% | 1.16% | 0.68% | 1.11% | 1.05% | 1.13% | 1.08% | 1.13% | 1.05% | 1.10% | 1.06% |
i3 Verticals's average Quarter SG&A projection for Mar 24 is $55.58M, based on 1 Wall Street analysts, with a range of $44.46M to $66.69M. The forecast indicates a 3.82% rise compared to IIIV last annual SG&A of $53.53M (Dec 23).
i3 Verticals EPS Forecast
| Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | - | 2 | 2 | 2 | 8 | 5 | 5 | 10 | 7 | 4 | 4 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $0.20 | $-0.00 | $-0.01 | $0.01 | $-0.19 | - | $-0.47 | $-0.00 | $-0.02 | $-0.15 | $0.02 | $-0.13 | $-0.04 | $-0.02 | $0.05 | $-0.01 | $-0.07 | $-0.12 |
| Avg Forecast | $0.51 | $0.41 | $0.43 | $0.41 | $0.32 | $0.29 | $0.31 | $0.28 | $0.20 | $0.35 | $0.38 | $0.36 | $0.40 | $0.37 | $0.38 | $0.36 | $0.36 | $0.36 | $0.35 | $0.32 | $0.29 | $0.28 | $0.21 | $0.22 | $0.18 | $0.06 | $0.18 | $0.23 | $0.23 | $0.19 |
| High Forecast | $0.53 | $0.43 | $0.45 | $0.42 | $0.34 | $0.31 | $0.32 | $0.29 | $0.26 | $0.36 | $0.39 | $0.38 | $0.42 | $0.39 | $0.40 | $0.38 | $0.37 | $0.36 | $0.36 | $0.33 | $0.30 | $0.28 | $0.21 | $0.22 | $0.19 | $0.06 | $0.19 | $0.24 | $0.23 | $0.19 |
| Low Forecast | $0.47 | $0.39 | $0.40 | $0.38 | $0.31 | $0.28 | $0.29 | $0.26 | $0.14 | $0.33 | $0.35 | $0.36 | $0.38 | $0.35 | $0.36 | $0.34 | $0.34 | $0.36 | $0.35 | $0.32 | $0.29 | $0.27 | $0.21 | $0.21 | $0.18 | $0.06 | $0.18 | $0.23 | $0.22 | $0.19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.13% | 0.50% | -0.00% | -0.02% | 0.02% | -0.53% | - | -1.33% | -0.00% | -0.07% | -0.54% | 0.10% | -0.60% | -0.22% | -0.32% | 0.28% | -0.04% | -0.31% | -0.63% |
According to 1 Wall Street analysts, i3 Verticals's projected average Quarter EPS for Mar 24 is $0.38, with a low estimate of $0.35 and a high estimate of $0.39. This represents a 697.34% increase compared to IIIV previous annual EPS of $0.05 (Dec 23).
i3 Verticals Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FLYW | Flywire | $17.79 | $28.40 | 59.64% | Buy |
| BASE | Couchbase | $14.86 | $23.33 | 57.00% | Buy |
| STER | Sterling Check | $16.62 | $26.00 | 56.44% | Buy |
| EEFT | Euronet Worldwide | $98.98 | $128.67 | 30.00% | Buy |
| IIIV | i3 Verticals | $22.02 | $28.33 | 28.66% | Buy |
| EVCM | EverCommerce | $10.69 | $12.29 | 14.97% | Buy |
| NTCT | NetScout Systems | $19.56 | $22.00 | 12.47% | Hold |
| CCSI | Consensus Cloud Solutions | $22.53 | $25.00 | 10.96% | Buy |
| CSGS | CSG Systems | $46.93 | $52.00 | 10.80% | Buy |
| EVTC | EVERTEC | $33.38 | $28.00 | -16.12% | Sell |
IIIV Forecast FAQ
Is i3 Verticals a good buy?
Yes, according to 5 Wall Street analysts, i3 Verticals (IIIV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of IIIV's total ratings.
What is IIIV's price target?
i3 Verticals (IIIV) average price target is $28.33 with a range of $24 to $33, implying a 28.66% from its last price of $22.02. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will i3 Verticals stock go up soon?
According to Wall Street analysts' prediction for IIIV stock, the company can go up by 28.66% (from the last price of $22.02 to the average price target of $28.33), up by 49.86% based on the highest stock price target, and up by 8.99% based on the lowest stock price target.
Can i3 Verticals stock reach $30?
IIIV's highest twelve months analyst stock price target of $33 supports the claim that i3 Verticals can reach $30 in the near future.
What are i3 Verticals's analysts' financial forecasts?
i3 Verticals's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $253.56M (high $262.51M, low $241.97M), average EBITDA is $35.55M (high $36.81M, low $33.93M), average net income is $28.07M (high $29.36M, low $26.4M), average SG&A $126.46M (high $130.92M, low $120.68M), and average EPS is $1.2 (high $1.25, low $1.13). IIIV's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $438.59M (high $454.08M, low $418.55M), average EBITDA is $61.49M (high $63.67M, low $58.69M), average net income is $41.1M (high $42.99M, low $38.66M), average SG&A $218.74M (high $226.46M, low $208.74M), and average EPS is $1.75 (high $1.84, low $1.65).
Did the IIIV's actual financial results beat the analysts' financial forecasts?
Based on i3 Verticals's last annual report (Sep 2023), the company's revenue was $370.24M, which missed the average analysts forecast of $371.74M by -0.40%. Apple's EBITDA was $68.52M, beating the average prediction of $43.78M by 56.51%. The company's net income was $-811K, missing the average estimation of $18.94M by -104.28%. Apple's SG&A was $219.74M, beating the average forecast of $190.25M by 15.50%. Lastly, the company's EPS was $-0.0351, missing the average prediction of $1.52 by -102.32%. In terms of the last quarterly report (Dec 2023), i3 Verticals's revenue was $91.99M, missing the average analysts' forecast of $93.05M by -1.13%. The company's EBITDA was $17.73M, beating the average prediction of $13.05M by 35.87%. i3 Verticals's net income was $1.1M, missing the average estimation of $8.55M by -87.16%. The company's SG&A was $53.53M, beating the average forecast of $46.41M by 15.36%. Lastly, the company's EPS was $0.0473, missing the average prediction of $0.365 by -87.04%