Inotiv (NOTV) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

NOTV Stock Forecast

Inotiv stock forecast is as follows: an average price target of $7.33 (represents a 169.49% upside from NOTV’s last price of $2.72) 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 $7.33 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $4.00. This represents a potential 169.49% upside from NOTV's last price of $2.72.

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
Sep 30, 2024	Frank Takkinen	Loop Capital Markets	$4.00	$1.72	132.56%	47.06%
Jan 24, 2023	David Windley	Jefferies	$8.00	$6.79	17.82%	194.12%
Jan 11, 2023	-	Lake Street	$10.00	$6.92	44.51%	267.65%

Row per page

Go to

The latest Inotiv stock forecast, released on Sep 30, 2024 by Frank Takkinen from Loop Capital Markets, set a price target of $4.00, which represents a 132.56% increase from the stock price at the time of the forecast ($1.72), and a 47.06% increase from NOTV last price ($2.72).

Inotiv Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	1
Avg Price Target	-	$4.00	$4.00
Last Closing Price	$2.72	$2.72	$2.72
Upside/Downside	-100.00%	47.06%	47.06%

In the current month, the average price target of Inotiv stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Inotiv's last price of $2.72. 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
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	Redburn Partners	-	Neutral	Downgrade
Jan 11, 2023	Craig-Hallum	-	Hold	Downgrade
Jan 11, 2023	BTIG	-	Neutral	Downgrade

Row per page

Go to

Inotiv's last stock rating was published by Lake Street on Sep 30, 2024. The company Upgrade its NOTV rating from "Hold" to "Buy".

Inotiv Financial Forecast

Inotiv Revenue Forecast

	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	Sep 00	Jun 99	Mar 98
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	$132.97M	$127.68M	$132.59M	$127.43M	$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	$1.57M	$4.97M	$5.34M
High Forecast	$132.97M	$127.68M	$132.59M	$127.43M	$116.94M	$123.40M	$129.78M	$132.86M	$140.94M	$151.08M	$133.29M	$118.75M	$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	$1.89M	$5.96M	$6.41M
Low Forecast	$132.97M	$127.68M	$132.59M	$127.43M	$116.94M	$123.40M	$129.78M	$132.86M	$138.27M	$151.08M	$133.29M	$118.75M	$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	$1.26M	$3.98M	$4.27M
# Analysts	1	1	1	1	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17	19	10	19
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 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	Sep 00	Jun 99	Mar 98
# Analysts	1	1	1	1	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17	19	10	19
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	$-7.93M	$-7.61M	$-7.91M	$-7.60M	$-6.97M	$-7.36M	$17.62M	$-7.92M	$-8.31M	$-9.01M	$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	$10.90K	$500.00K	$583.33K
High Forecast	$-7.93M	$-7.61M	$-7.91M	$-7.60M	$-6.97M	$-7.36M	$21.14M	$-7.92M	$-8.24M	$-9.01M	$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	$13.08K	$600.00K	$700.00K
Low Forecast	$-7.93M	$-7.61M	$-7.91M	$-7.60M	$-6.97M	$-7.36M	$14.09M	$-7.92M	$-8.40M	$-9.01M	$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	$8.72K	$400.00K	$466.67K
Surprise %	-	-	-	-	-	-	-	-9.87%	-2.24%	-0.97%	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 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	Sep 00	Jun 99	Mar 98
# Analysts	1	1	1	1	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17	19	10	19
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	$-12.48M	$-14.30M	$-14.04M	$-17.42M	$-25.34M	$-21.70M	$-5.91M	$-14.21M	$-4.36M	$851.79K	$-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	$-2.13M	$100.00K	$233.33K
High Forecast	$-12.48M	$-14.30M	$-14.04M	$-17.42M	$-25.34M	$-21.70M	$-4.73M	$-14.21M	$-3.70M	$851.79K	$-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	$-1.70M	$120.00K	$280.00K
Low Forecast	$-12.48M	$-14.30M	$-14.04M	$-17.42M	$-25.34M	$-21.70M	$-7.10M	$-14.21M	$-5.02M	$851.79K	$-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	$-2.56M	$80.00K	$186.67K
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 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	Sep 00	Jun 99	Mar 98
# Analysts	1	1	1	1	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17	19	10	19
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	$37.33M	$35.84M	$37.22M	$35.77M	$32.82M	$34.64M	$25.25M	$37.29M	$39.14M	$42.41M	$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	$441.26K	$1.70M	$1.87M
High Forecast	$37.33M	$35.84M	$37.22M	$35.77M	$32.82M	$34.64M	$30.30M	$37.29M	$39.56M	$42.41M	$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	$529.51K	$2.04M	$2.24M
Low Forecast	$37.33M	$35.84M	$37.22M	$35.77M	$32.82M	$34.64M	$20.20M	$37.29M	$38.81M	$42.41M	$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	$353.01K	$1.36M	$1.49M
Surprise %	-	-	-	-	-	-	-	0.68%	0.73%	0.74%	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 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	Sep 00	Jun 99	Mar 98
# Analysts	1	1	1	1	1	1	1	1	4	2	2	1	1	1	1	2	2	2	2	2	11	7	9	19	14	17	19	10	19
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	$-0.48	$-0.55	$-0.54	$-0.67	$-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	$0.14	$0.01	$0.07
High Forecast	$-0.48	$-0.55	$-0.54	$-0.67	$-0.97	$-0.83	$-0.38	$-0.55	$-0.14	$0.03	$-0.34	$-1.01	$-0.08	$-0.02	$-0.64	$-0.04	$-0.15	$-0.08	$-0.03	$-0.19	$0.04	$0.43	$0.36	$0.17	$0.13	$0.06	$0.17	$0.01	$0.08
Low Forecast	$-0.48	$-0.55	$-0.54	$-0.67	$-0.97	$-0.83	$-0.38	$-0.55	$-0.19	$0.03	$-0.34	$-1.01	$-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	$0.12	$0.01	$0.06
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
LMDX	LumiraDx	$0.02	$1.50	7400.00%	Buy
DRIO	DarioHealth	$0.80	$10.75	1243.75%	Buy
STIM	Neuronetics	$0.78	$8.00	925.64%	Buy
MDXH	MDxHealth SA	$1.67	$15.00	798.20%	Buy
NOTV	Inotiv	$2.72	$7.33	169.49%	Buy
GTH	Genetron	$4.03	$10.00	148.14%	-
XGN	Exagen	$3.00	$5.00	66.67%	Buy
SHC	Sotera Health Company	$13.88	$17.43	25.58%	Buy
OLK	Olink AB (publ)	$26.08	$21.50	-17.56%	Hold

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 $7.33 with a range of $4 to $10, implying a 169.49% from its last price of $2.72. 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 169.49% (from the last price of $2.72 to the average price target of $7.33), up by 267.65% based on the highest stock price target, and up by 47.06% based on the lowest stock price target.

Can Inotiv stock reach $4?

NOTV's average twelve months analyst stock price target of $7.33 supports the claim that Inotiv can reach $4 in the near future.

What are Inotiv's analysts' financial forecasts?

Inotiv's analysts financial forecasts for the fiscal year (Sep 2024) are as follows: average revenue is $502.98M (high $502.98M, low $502.98M), average EBITDA is $-4.635M (high $-1.111M, low $-8.158M), average net income is $-67.17M (high $-65.987M, low $-68.352M), average SG&A $130.01M (high $135.06M, low $124.96M), and average EPS is $-2.741 (high $-2.741, low $-2.741). NOTV's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $520.67M (high $520.67M, low $520.67M), average EBITDA is $-31.045M (high $-31.045M, low $-31.045M), average net income is $-58.224M (high $-58.224M, low $-58.224M), average SG&A $146.15M (high $146.15M, low $146.15M), and average EPS is $-2.24 (high $-2.24, low $-2.24).

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 $-7.922M by -1086.53%. Inotiv's net income was $-19.322M, beating the average estimation of $-14.21M by 35.98%. The company's SG&A was $25.28M, missing the average forecast of $37.29M by -32.23%. Lastly, the company's EPS was $-0.75, beating the average prediction of $-0.547 by 37.19%