Inotiv (NOTV) Stock Forecast, Price Target & Predictions
NOTV Stock Forecast
Inotiv stock forecast is as follows: an average price target of $9.00 (represents a 476.92% upside from NOTV’s last price of $1.56) and a rating consensus of 'Hold', based on 16 wall street analysts offering a 1-year stock forecast.
NOTV Price Target
The average price target for Inotiv (NOTV) is $9.00 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 $8.00. This represents a potential 476.92% upside from NOTV's last price of $1.56.
NOTV Analyst Ratings
According to 16 Wall Street analysts, Inotiv's rating consensus is 'Hold'. The analyst rating breakdown for NOTV stock is 0 'Strong Buy' (0.00%), 7 'Buy' (43.75%), 9 'Hold' (56.25%), 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 |
|---|---|---|---|---|---|---|
| Jan 24, 2023 | David Windley | Jefferies | $8.00 | $6.79 | 17.82% | 412.82% |
| Jan 11, 2023 | - | Lake Street | $10.00 | $6.92 | 44.51% | 541.03% |
The latest Inotiv stock forecast, released on Jan 24, 2023 by David Windley from Jefferies, set a price target of $8.00, which represents a 17.82% increase from the stock price at the time of the forecast ($6.79), and a 412.82% increase from NOTV last price ($1.56).
Inotiv Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.56 | $1.56 | $1.56 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
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 $1.56. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | Deutsche Bank | - | Hold | Downgrade |
| Jan 11, 2023 | Redburn Partners | - | Neutral | Downgrade |
| Jan 11, 2023 | Craig-Hallum | - | Hold | Downgrade |
| Jan 11, 2023 | BTIG | - | Neutral | Downgrade |
Inotiv's last stock rating was published by Craig-Hallum on May 16, 2024. The company gave NOTV a "Buy" rating, the same as its previous rate.
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 | $133.04M | $127.74M | $132.66M | $127.50M | $117.00M | $123.46M | $129.84M | $132.93M | $140.94M | $151.16M | $133.36M | $118.81M | $152.82M | $141.78M | $120.59M | $72.80M | $24.49M | $21.11M | $18.70M | $15.33M | $3.10M | $2.25M | $2.58M | $20.02M | $8.87M | $5.59M | $1.89M | $5.96M | $6.41M |
| Low Forecast | $132.89M | $127.60M | $132.51M | $127.35M | $116.87M | $123.32M | $129.70M | $132.78M | $138.27M | $150.99M | $133.22M | $118.68M | $152.65M | $141.71M | $120.53M | $72.76M | $24.48M | $21.10M | $18.69M | $15.32M | $2.06M | $1.50M | $1.72M | $13.34M | $5.91M | $3.72M | $1.26M | $3.98M | $4.27M |
| # Analysts | - | - | - | - | 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 0 analysts is $129.78M, with a low forecast of $129.70M, and a high forecast of $129.84M. 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 | 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 | $922.27K | $885.52K | $919.59K | $883.82K | $811.04K | $855.84K | $17.62M | $921.51K | $967.04K | $1.05M | $18.84M | $823.60K | $1.13M | $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 | $922.74K | $885.98K | $920.06K | $884.28K | $811.46K | $856.28K | $21.14M | $921.98K | $977.51K | $1.05M | $22.61M | $824.02K | $1.35M | $983.37K | $24.18M | $504.93K | $169.85K | $146.39K | $986.04K | $2.15M | $1.85M | $-4.57M | $-2.97M | $941.76K | $1.48M | $996.00K | $13.08K | $600.00K | $700.00K |
| Low Forecast | $921.72K | $884.99K | $919.04K | $883.29K | $810.56K | $855.33K | $14.09M | $920.95K | $959.00K | $1.05M | $15.07M | $823.11K | $901.91K | $982.86K | $16.12M | $504.67K | $169.77K | $146.32K | $657.36K | $1.43M | $1.24M | $-6.86M | $-4.46M | $627.84K | $986.40K | $664.00K | $8.72K | $400.00K | $466.67K |
| Surprise % | - | - | - | - | - | - | - | 84.81% | 19.28% | 8.38% | 0.61% | -15.57% | 8.10% | 21.59% | 0.70% | -174.27% | 70.74% | 1.58% | 0.91% | 0.60% | 0.28% | 0.19% | 0.20% | - | - | - | - | - | - |
0 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 | 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 | $-26.34M | $31.57K | $-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 | $-12.47M | $-14.28M | $-14.03M | $-17.40M | $-25.32M | $-21.69M | $-4.73M | $-14.20M | $-3.70M | $852.36K | $-5.06M | $-26.32M | $37.88K | $-519.67K | $-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 | $-14.31M | $-14.05M | $-17.43M | $-25.36M | $-21.72M | $-7.10M | $-14.22M | $-5.02M | $851.13K | $-7.59M | $-26.36M | $25.25K | $-520.02K | $-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% | 3.30% | -7718.15% | 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 | 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 | $33.33M | $3.03M | $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 | $37.34M | $35.86M | $37.24M | $35.79M | $32.84M | $34.66M | $30.30M | $37.31M | $39.56M | $42.43M | $32.41M | $33.35M | $3.64M | $39.80M | $34.66M | $20.44M | $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 | $37.30M | $35.82M | $37.20M | $35.75M | $32.80M | $34.62M | $20.20M | $37.27M | $38.81M | $42.38M | $21.60M | $33.31M | $2.42M | $39.78M | $23.11M | $20.42M | $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% | 1.00% | 10.12% | 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 0 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 | 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 | $-0.98 | $-0.84 | $-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 | $0.95 | $10.75 | 1031.58% | Buy |
| STIM | Neuronetics | $0.73 | $8.00 | 995.89% | Buy |
| NOTV | Inotiv | $1.56 | $9.00 | 476.92% | Hold |
| MDXH | MDxHealth SA | $2.62 | $15.00 | 472.52% | Buy |
| GTH | Genetron | $4.03 | $10.00 | 148.14% | - |
| XGN | Exagen | $2.96 | $6.00 | 102.70% | Buy |
| SHC | Sotera Health Company | $16.80 | $16.93 | 0.77% | Buy |
| OLK | Olink AB (publ) | $26.08 | $21.50 | -17.56% | Hold |
NOTV Forecast FAQ
Is Inotiv a good buy?
No, according to 16 Wall Street analysts, Inotiv (NOTV) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 43.75% of NOTV's total ratings.
What is NOTV's price target?
Inotiv (NOTV) average price target is $9 with a range of $8 to $10, implying a 476.92% from its last price of $1.56. 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 476.92% (from the last price of $1.56 to the average price target of $9), up by 541.03% based on the highest stock price target, and up by 412.82% based on the lowest stock price target.
Can Inotiv stock reach $2?
NOTV's average twelve months analyst stock price target of $9 supports the claim that Inotiv can reach $2 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 $503.23M, low $502.67M), average EBITDA is $20.21M (high $23.73M, low $16.68M), average net income is $-67.17M (high $-65.939M, low $-68.393M), average SG&A $130.01M (high $135.11M, low $124.89M), and average EPS is $-2.741 (high $-2.739, low $-2.743). NOTV's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $520.67M (high $520.94M, low $520.36M), average EBITDA is $3.61M (high $3.61M, low $3.61M), average net income is $-58.224M (high $-58.179M, low $-58.263M), average SG&A $146.15M (high $146.23M, low $146.06M), and average EPS is $-2.24 (high $-2.238, low $-2.242).
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 $22.77M by -264.34%. The company's net income was $-337M, beating the average estimation of $-8.378M by 3925.58%. Apple's SG&A was $99.09M, beating the average forecast of $92.13M by 7.55%. 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, beating the average prediction of $921.51K by 8381.12%. 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%