Inotiv (NOTV) Stock Forecast, Price Target & Predictions

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NOTV Stock Forecast

Inotiv stock forecast is as follows: an average price target of $6.00 (represents a 47.06% upside from NOTV’s last price of $4.08) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

NOTV Price Target

The average price target for Inotiv (NOTV) is $6.00 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $6.00 to $6.00. This represents a potential 47.06% upside from NOTV's last price of $4.08.

NOTV Analyst Ratings

Buy

According to 16 Wall Street analysts, Inotiv's rating consensus is 'Buy'. The analyst rating breakdown for NOTV stock is 0 'Strong Buy' (0.00%), 8 'Buy' (50.00%), 8 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Inotiv Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Dec 04, 2024	Frank Takkinen	Loop Capital Markets	$6.00	$4.15	44.58%	47.06%
Sep 30, 2024	Frank Takkinen	Loop Capital Markets	$4.00	$1.72	132.56%	-1.96%
Jan 24, 2023	David Windley	Jefferies	$8.00	$6.79	17.82%	96.08%
Jan 11, 2023		Lake Street	$10.00	$6.92	44.51%	145.10%

The latest Inotiv stock forecast, released on Dec 04, 2024 by Frank Takkinen from Loop Capital Markets, set a price target of $6.00, which represents a 44.58% increase from the stock price at the time of the forecast ($4.15), and a 47.06% increase from NOTV last price ($4.08).

Inotiv Price Target by Period

	1M	3M	12M
# Anlaysts	1	2	2
Avg Price Target	$6.00	$5.00	$5.00
Last Closing Price	$4.08	$4.08	$4.08
Upside/Downside	47.06%	22.55%	22.55%

In the current month, the average price target of Inotiv stock is $6.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 47.06% increase as opposed to Inotiv's last price of $4.08. This month's average price target is up 20.00% compared to last quarter, and up 20.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Dec 04, 2024	Lake Street	Buy	Buy	Hold
Sep 30, 2024	Lake Street	Hold	Buy	Upgrade
May 16, 2024	Craig-Hallum	Buy	Buy	Hold
May 16, 2024	Lake Street	Buy	Hold	Downgrade
May 14, 2024	Jefferies	Buy	Hold	Downgrade
Feb 09, 2024	Jefferies	Reduce	Buy	Upgrade
Jan 24, 2023	Jefferies	Hold	Reduce	Downgrade
Jan 11, 2023	Oppenheimer		Outperform	Upgrade
Jan 11, 2023	Craig-Hallum		Hold	Downgrade
Jan 11, 2023	BTIG		Neutral	Downgrade
Jan 11, 2023	Barclays		Equal-Weight	Downgrade
Jan 11, 2023	JonesTrading		Buy	Upgrade
Jan 11, 2023	Cowen & Co.		Market Perform	Downgrade
Jan 11, 2023	Jefferies		Hold	Downgrade
Jan 11, 2023	Susquehanna		Neutral	Downgrade
Jan 11, 2023	Guggenheim		Neutral	Downgrade
Jan 11, 2023	RBC Capital		Outperform	Upgrade
Jan 11, 2023	Wells Fargo		Overweight	Upgrade
Jan 11, 2023	Goldman Sachs		Buy	Upgrade
Jan 11, 2023	Wolfe Research		Outperform	Upgrade
Jan 11, 2023	Deutsche Bank		Hold	Downgrade
Jan 11, 2023	Redburn Partners		Neutral	Downgrade
Jan 11, 2023	Lake Street		Buy	Upgrade

Inotiv's last stock rating was published by Lake Street on Dec 04, 2024. The company gave NOTV a "Buy" rating, the same as its previous rate.

Inotiv Financial Forecast

Inotiv 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Mar 13	Mar 12	Dec 11	Mar 03	Mar 02	Jun 01
Revenue	-	-	-	-	-	-	-	-	-	-	-	$135.50M	$140.74M	$157.47M	$151.46M	$122.75M	$150.47M	$172.67M	$140.31M	$84.21M	$30.08M	$22.89M	$18.75M	$17.89M	$5.16M	$6.97M	$7.52M	-	-	-
Avg Forecast	$137.85M	$132.44M	$131.73M	$129.76M	$136.87M	$129.09M	$126.77M	$122.72M	$116.94M	$123.40M	$129.78M	$132.86M	$139.43M	$151.08M	$133.29M	$118.75M	$152.74M	$141.75M	$120.56M	$72.78M	$24.48M	$21.10M	$18.70M	$15.33M	$2.58M	$1.88M	$2.15M	$16.68M	$7.39M	$4.65M
High Forecast	$139.83M	$134.33M	$133.61M	$131.62M	$138.82M	$130.94M	$128.58M	$124.48M	$119.50M	$123.40M	$129.78M	$134.76M	$140.94M	$153.24M	$135.20M	$120.45M	$152.74M	$141.75M	$120.56M	$72.78M	$24.48M	$21.10M	$18.70M	$15.33M	$3.10M	$2.25M	$2.58M	$20.02M	$8.87M	$5.59M
Low Forecast	$135.60M	$130.28M	$129.57M	$127.64M	$134.63M	$126.98M	$124.70M	$120.72M	$114.38M	$123.40M	$129.78M	$130.69M	$138.27M	$148.61M	$131.12M	$116.81M	$152.74M	$141.75M	$120.56M	$72.78M	$24.48M	$21.10M	$18.70M	$15.33M	$2.06M	$1.50M	$1.72M	$13.34M	$5.91M	$3.72M
# Analysts	1	1	1	1	1	1	2	2	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.01%	1.04%	1.14%	1.03%	0.99%	1.22%	1.16%	1.16%	1.23%	1.08%	1.00%	1.17%	2.00%	3.71%	3.50%	-	-	-

Inotiv's average Quarter revenue forecast for Mar 24 based on 1 analysts is $129.78M, with a low forecast of $129.78M, and a high forecast of $129.78M. NOTV's average Quarter revenue forecast represents a -4.22% decrease compared to the company's last Quarter revenue of $135.50M (Dec 23).

Inotiv 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Mar 13	Mar 12	Dec 11	Mar 03	Mar 02	Jun 01
# Analysts	1	1	1	1	1	1	2	2	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17
EBITDA	-	-	-	-	-	-	-	-	-	-	-	$78.15M	$18.64M	$8.78M	$11.41M	$-12.83M	$9.13M	$21.23M	$14.14M	$-87.97M	$12.01M	$231.00K	$747.00K	$1.08M	$429.00K	$-1.11M	$-751.00K	-	-	-
Avg Forecast	$-11.35M	$-10.90M	$-10.84M	$-10.68M	$-11.27M	$-10.63M	$-10.44M	$-10.10M	$-9.63M	$-10.16M	$17.62M	$-10.94M	$-11.48M	$-12.44M	$18.84M	$-384.32M	$1.06M	$983.14K	$20.15M	$504.81K	$169.81K	$146.36K	$821.70K	$1.79M	$1.54M	$-5.71M	$-3.72M	$784.80K	$1.23M	$830.00K
High Forecast	$-11.16M	$-10.73M	$-10.67M	$-10.51M	$-11.08M	$-10.45M	$-10.27M	$-9.94M	$-9.42M	$-10.16M	$21.14M	$-10.76M	$-11.38M	$-12.24M	$22.61M	$-307.46M	$1.06M	$983.14K	$24.18M	$504.81K	$169.81K	$146.36K	$986.04K	$2.15M	$1.85M	$-4.57M	$-2.97M	$941.76K	$1.48M	$996.00K
Low Forecast	$-11.51M	$-11.06M	$-11.00M	$-10.84M	$-11.43M	$-10.78M	$-10.59M	$-10.25M	$-9.84M	$-10.16M	$14.09M	$-11.09M	$-11.60M	$-12.62M	$15.07M	$-461.18M	$1.06M	$983.14K	$16.12M	$504.81K	$169.81K	$146.36K	$657.36K	$1.43M	$1.24M	$-6.86M	$-4.46M	$627.84K	$986.40K	$664.00K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-7.14%	-1.62%	-0.71%	0.61%	0.03%	8.62%	21.59%	0.70%	-174.27%	70.74%	1.58%	0.91%	0.60%	0.28%	0.19%	0.20%	-	-	-

1 analysts predict NOTV's average Quarter EBITDA for Mar 24 to be $17.62M, with a high of $21.14M and a low of $14.09M. This is -77.46% lower than Inotiv's previous annual EBITDA (Dec 23) of $78.15M.

Inotiv 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Mar 13	Mar 12	Dec 11	Mar 03	Mar 02	Jun 01
# Analysts	1	1	1	1	1	1	2	2	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17
Net Income	-	-	-	-	-	-	-	-	-	-	-	$-19.32M	$-9.66M	$-4.39M	$-9.63M	$-86.93M	$-243.63M	$-3.56M	$-6.66M	$-83.41M	$14.25M	$-2.27M	$-723.00K	$-366.00K	$-169.00K	$-1.88M	$-1.49M	-	-	-
Avg Forecast	$533.02K	$-1.50M	$-2.58M	$-3.41M	$-7.63M	$-11.01M	$-14.04M	$-20.71M	$-25.35M	$-21.71M	$-5.91M	$-14.21M	$-4.36M	$852.05K	$-6.32M	$-375.63M	$-2.08M	$-519.86K	$-6.76M	$-1.13M	$-3.90M	$-2.08M	$-795.30K	$-606.79K	$-608.40K	$-9.69M	$-7.38M	$-400.80K	$519.00K	$321.88K
High Forecast	$542.92K	$-1.47M	$-2.53M	$-3.33M	$-7.46M	$-10.77M	$-13.74M	$-20.27M	$-24.81M	$-21.25M	$-4.73M	$-13.91M	$-3.70M	$867.88K	$-5.06M	$-300.50M	$-2.08M	$-519.86K	$-5.41M	$-1.13M	$-3.90M	$-2.08M	$-636.24K	$-485.43K	$-486.72K	$-7.75M	$-5.90M	$-320.64K	$622.80K	$386.25K
Low Forecast	$521.70K	$-1.53M	$-2.63M	$-3.47M	$-7.77M	$-11.21M	$-14.30M	$-21.10M	$-25.82M	$-22.11M	$-7.10M	$-14.48M	$-5.02M	$833.96K	$-7.59M	$-450.75M	$-2.08M	$-519.86K	$-8.12M	$-1.13M	$-3.90M	$-2.08M	$-954.36K	$-728.15K	$-730.08K	$-11.63M	$-8.86M	$-480.96K	$415.20K	$257.50K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.36%	2.22%	-5.16%	1.52%	0.23%	117.16%	6.84%	0.99%	74.05%	-3.65%	1.09%	0.91%	0.60%	0.28%	0.19%	0.20%	-	-	-

Inotiv's average Quarter net income forecast for Dec 21 is $-1.13M, with a range of $-1.13M to $-1.13M. NOTV's average Quarter net income forecast represents a -107.90% decrease compared to the company's last Quarter net income of $14.25M (Sep 21).

Inotiv 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Mar 13	Mar 12	Dec 11	Mar 03	Mar 02	Jun 01
# Analysts	1	1	1	1	1	1	2	2	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17
SG&A	-	-	-	-	-	-	-	-	-	-	-	$25.27M	$28.69M	$31.36M	$33.79M	$33.48M	$30.65M	$26.45M	$25.99M	$15.99M	$12.96M	$8.76M	$6.60M	$5.67M	$1.14M	$2.62M	$2.61M	-	-	-
Avg Forecast	$36.33M	$34.90M	$34.71M	$34.20M	$36.07M	$34.02M	$33.41M	$32.34M	$30.82M	$32.52M	$25.25M	$35.01M	$36.74M	$39.81M	$27.00M	$72.32M	$42.87M	$39.79M	$28.88M	$20.43M	$6.87M	$5.92M	$7.26M	$9.40M	$724.20K	$526.74K	$603.10K	$4.99M	$1.96M	$1.09M
High Forecast	$36.85M	$35.40M	$35.21M	$34.68M	$36.58M	$34.51M	$33.88M	$32.80M	$31.49M	$32.52M	$30.30M	$35.51M	$37.14M	$40.38M	$32.41M	$86.79M	$42.87M	$39.79M	$34.66M	$20.43M	$6.87M	$5.92M	$8.71M	$11.27M	$869.04K	$632.09K	$723.72K	$5.99M	$2.36M	$1.31M
Low Forecast	$35.74M	$34.33M	$34.15M	$33.64M	$35.48M	$33.46M	$32.86M	$31.81M	$30.14M	$32.52M	$20.20M	$34.44M	$36.44M	$39.16M	$21.60M	$57.86M	$42.87M	$39.79M	$23.11M	$20.43M	$6.87M	$5.92M	$5.81M	$7.52M	$579.36K	$421.39K	$482.48K	$4.00M	$1.57M	$871.00K
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.72%	0.78%	0.79%	1.25%	0.46%	0.71%	0.66%	0.90%	0.78%	1.89%	1.48%	0.91%	0.60%	1.58%	4.98%	4.32%	-	-	-

Inotiv's average Quarter SG&A projection for Mar 24 is $25.25M, based on 1 Wall Street analysts, with a range of $20.20M to $30.30M. The forecast indicates a -0.10% fall compared to NOTV last annual SG&A of $25.27M (Dec 23).

Inotiv 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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Mar 13	Mar 12	Dec 11	Mar 03	Mar 02	Jun 01
# Analysts	1	1	1	1	1	1	2	2	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17
EPS	-	-	-	-	-	-	-	-	-	-	-	$-0.75	$-0.38	$-0.17	$-0.37	$-3.40	$-9.52	$-0.14	$-0.26	$-3.95	$0.59	$-0.15	$-0.06	$-0.03	$-0.04	$-0.27	$-0.21	-	-	-
Avg Forecast	$0.02	$-0.06	$-0.10	$-0.13	$-0.29	$-0.42	$-0.54	$-0.80	$-0.97	$-0.83	$-0.38	$-0.55	$-0.17	$0.03	$-0.34	$-1.01	$-0.08	$-0.02	$-0.64	$-0.04	$-0.15	$-0.08	$-0.03	$-0.19	$0.04	$0.36	$0.30	$0.14	$0.11	$0.05
High Forecast	$0.02	$-0.06	$-0.10	$-0.13	$-0.29	$-0.41	$-0.53	$-0.78	$-0.95	$-0.82	$-0.38	$-0.54	$-0.14	$0.03	$-0.33	$-0.99	$-0.08	$-0.02	$-0.64	$-0.04	$-0.15	$-0.08	$-0.03	$-0.19	$0.04	$0.43	$0.36	$0.17	$0.13	$0.06
Low Forecast	$0.02	$-0.06	$-0.10	$-0.13	$-0.30	$-0.43	$-0.55	$-0.81	$-0.99	$-0.85	$-0.39	$-0.56	$-0.19	$0.03	$-0.34	$-1.03	$-0.08	$-0.02	$-0.64	$-0.04	$-0.15	$-0.08	$-0.03	$-0.19	$0.03	$0.29	$0.24	$0.12	$0.09	$0.04
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.37%	2.27%	-5.19%	1.10%	3.36%	119.00%	7.00%	0.41%	91.15%	-3.93%	1.88%	2.00%	0.16%	-1.00%	-0.75%	-0.70%	-	-	-

According to 2 Wall Street analysts, Inotiv's projected average Quarter EPS for Dec 21 is $-0.04, with a low estimate of $-0.04 and a high estimate of $-0.04. This represents a -107.34% decrease compared to NOTV previous annual EPS of $0.59 (Sep 21).

Inotiv Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
DRIO	DarioHealth	$0.71	$10.75	1414.08%	Buy
MDXH	MDxHealth SA	$2.37	$15.00	532.91%	Buy
STIM	Neuronetics	$1.30	$8.00	515.38%	Buy
SHC	Sotera Health Company	$13.08	$16.00	22.32%	Buy
NOTV	Inotiv	$5.55	$6.00	8.11%	Buy
XGN	Exagen	$5.80	$5.00	-13.79%	Buy

NOTV Forecast FAQ

Is Inotiv a good buy?

Yes, according to 16 Wall Street analysts, Inotiv (NOTV) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 50.00% of NOTV's total ratings.

What is NOTV's price target?

Inotiv (NOTV) average price target is $6 with a range of $6 to $6, implying a 47.06% from its last price of $4.08. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Inotiv stock go up soon?

According to Wall Street analysts' prediction for NOTV stock, the company can go up by 47.06% (from the last price of $4.08 to the average price target of $6), up by 47.06% based on the highest stock price target, and up by 47.06% based on the lowest stock price target.

Can Inotiv stock reach $6?

NOTV's average twelve months analyst stock price target of $6 does not support the claim that Inotiv can reach $6 in the near future.

What is Inotiv's current price target trend?

1 Wall Street analyst forecast a $6 price target for Inotiv (NOTV) this month, up 47.06% from its last price of $4.08. Compared to the last 3 and 12 months, the average price target increased by 22.55% and increased by 22.55%, respectively.

What are Inotiv's analysts' financial forecasts?

Inotiv's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $515.45M (high $522.82M, low $507.03M), average EBITDA is $-42.436M (high $-41.743M, low $-43.043M), average net income is $-53.389M (high $-52.255M, low $-54.381M), average SG&A $135.84M (high $137.78M, low $133.62M), and average EPS is $-2.053 (high $-2.01, low $-2.091). NOTV's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $531.79M (high $539.39M, low $523.1M), average EBITDA is $-43.781M (high $-43.066M, low $-44.407M), average net income is $-6.958M (high $-6.789M, low $-7.108M), average SG&A $140.14M (high $142.14M, low $137.85M), and average EPS is $-0.268 (high $-0.261, low $-0.273).

Did the NOTV's actual financial results beat the analysts' financial forecasts?

Based on Inotiv's last annual report (Sep 2022), the company's revenue was $547.66M, beating the average analysts forecast of $487.83M by 12.26%. Apple's EBITDA was $-37.416M, missing the average prediction of $22.7M by -264.83%. The company's net income was $-337M, beating the average estimation of $-10.489M by 3115.39%. Apple's SG&A was $99.09M, missing the average forecast of $131.98M by -24.92%. Lastly, the company's EPS was $-13.85, beating the average prediction of $-0.783 by 1668.09%. In terms of the last quarterly report (Dec 2023), Inotiv's revenue was $135.5M, beating the average analysts' forecast of $132.86M by 1.98%. The company's EBITDA was $78.15M, missing the average prediction of $-10.939M by -814.48%. Inotiv's net income was $-19.322M, beating the average estimation of $-14.214M by 35.94%. The company's SG&A was $25.28M, missing the average forecast of $35.01M by -27.81%. Lastly, the company's EPS was $-0.75, beating the average prediction of $-0.547 by 37.19%