VerifyMe (VRME) Stock Forecast, Price Target & Predictions
VRME Stock Forecast
VerifyMe stock forecast is as follows: an average price target of $1.50 (represents a 15.38% upside from VRME’s last price of $1.30) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
VRME Price Target
The average price target for VerifyMe (VRME) is $1.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $1.50 to $1.50. This represents a potential 15.38% upside from VRME's last price of $1.30.
VRME Analyst Ratings
According to 1 Wall Street analysts, VerifyMe's rating consensus is 'Buy'. The analyst rating breakdown for VRME stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
VerifyMe Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 14, 2024 | Michael Petusky | Barrington | $1.50 | $1.13 | 32.74% | 15.38% |
| May 15, 2024 | Michael Petusky | Barrington | $2.00 | $1.71 | 16.96% | 53.85% |
The latest VerifyMe stock forecast, released on Aug 14, 2024 by Michael Petusky from Barrington, set a price target of $1.50, which represents a 32.74% increase from the stock price at the time of the forecast ($1.13), and a 15.38% increase from VRME last price ($1.30).
VerifyMe Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $1.50 | $1.75 |
| Last Closing Price | $1.30 | $1.30 | $1.30 |
| Upside/Downside | -100.00% | 15.38% | 34.62% |
In the current month, the average price target of VerifyMe stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to VerifyMe's last price of $1.30. 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 17, 2022 | Maxim Group | Buy | Buy | Hold |
VerifyMe's last stock rating was published by Maxim Group on Aug 17, 2022. The company gave VRME a "Buy" rating, the same as its previous rate.
VerifyMe Financial Forecast
VerifyMe Revenue Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $8.71M | $5.60M | $5.33M | $5.66M | $9.70M | $5.21M | $4.50M | $161.00K | $255.00K | $300.00K | $124.00K | $188.00K | $75.20K |
| Avg Forecast | $9.68M | $6.44M | $5.72M | $5.92M | $8.76M | $5.23M | $5.55M | $5.71M | $8.95M | $5.50M | $6.00M | $5.50M | $8.35M | $5.25M | $3.00M | $200.00K | $300.00K | $200.00K | $100.00K | $200.00K | $100.00K |
| High Forecast | $10.11M | $6.72M | $5.97M | $6.18M | $9.15M | $5.46M | $5.80M | $5.96M | $9.34M | $5.74M | $6.26M | $5.74M | $8.72M | $5.48M | $3.06M | $204.30K | $306.45K | $204.30K | $102.15K | $204.30K | $102.15K |
| Low Forecast | $9.25M | $6.15M | $5.46M | $5.66M | $8.38M | $5.00M | $5.31M | $5.46M | $8.56M | $5.26M | $5.74M | $5.26M | $7.98M | $5.02M | $2.94M | $195.70K | $293.55K | $195.70K | $97.85K | $195.70K | $97.85K |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.02% | 0.89% | 1.03% | 1.16% | 0.99% | 1.50% | 0.81% | 0.85% | 1.50% | 1.24% | 0.94% | 0.75% |
VerifyMe's average Quarter revenue forecast for Mar 24 based on 0 analysts is $5.71M, with a low forecast of $5.46M, and a high forecast of $5.96M. VRME's average Quarter revenue forecast represents a -34.49% decrease compared to the company's last Quarter revenue of $8.71M (Dec 23).
VerifyMe EBITDA Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | $368.00K | $-855.00K | $-1.04M | $-1.47M | $61.00K | $-940.00K | $-1.11M | $-1.87M | $-971.00K | $7.22M | $-1.33M | $-1.19M | $-1.14M |
| Avg Forecast | $-5.30M | $-3.52M | $-3.13M | $-3.24M | $-4.80M | $-2.86M | $-3.04M | $-3.12M | $-4.90M | $-3.01M | $-3.28M | $-3.01M | $-4.57M | $-2.87M | $-1.64M | $-109.48K | $-164.21K | $-109.48K | $-54.74K | $-956.99K | $-54.74K |
| High Forecast | $-5.07M | $-3.37M | $-2.99M | $-3.10M | $-4.59M | $-2.74M | $-2.91M | $-2.99M | $-4.68M | $-2.88M | $-3.14M | $-2.88M | $-4.37M | $-2.75M | $-1.61M | $-107.12K | $-160.68K | $-107.12K | $-53.56K | $-765.59K | $-53.56K |
| Low Forecast | $-5.53M | $-3.68M | $-3.27M | $-3.38M | $-5.01M | $-2.99M | $-3.17M | $-3.26M | $-5.11M | $-3.14M | $-3.43M | $-3.14M | $-4.77M | $-3.00M | $-1.68M | $-111.83K | $-167.75K | $-111.83K | $-55.91K | $-1.15M | $-55.91K |
| Surprise % | - | - | - | - | - | - | - | - | -0.08% | 0.28% | 0.32% | 0.49% | -0.01% | 0.33% | 0.68% | 17.05% | 5.91% | -65.95% | 24.22% | 1.25% | 20.92% |
0 analysts predict VRME's average Quarter EBITDA for Mar 24 to be $-3.12M, with a high of $-2.99M and a low of $-3.26M. This is -949.04% lower than VerifyMe's previous annual EBITDA (Dec 23) of $368.00K.
VerifyMe Net Income Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | $2.00K | $-930.00K | - | $-1.70M | $74.00K | $-589.00K | $-12.53M | $-1.40M | $-1.00M | $7.19M | $-1.36M | $-1.22M | $-1.17M |
| Avg Forecast | $204.77K | $-716.71K | $-716.71K | $-819.10K | $-102.39K | $-1.08M | $-972.68K | $-1.02M | $409.55K | $-614.32K | $-716.71K | $-716.71K | $20.01M | $-563.13K | $-2.00M | $-1.43M | $-1.54M | $-2.15M | $-1.43M | $-975.45K | $-1.43M |
| High Forecast | $216.48K | $-675.74K | $-675.74K | $-772.27K | $-96.53K | $-1.01M | $-917.07K | $-965.34K | $432.96K | $-579.20K | $-675.74K | $-675.74K | $21.15M | $-530.93K | $-1.94M | $-1.39M | $-1.49M | $-2.09M | $-1.39M | $-780.36K | $-1.39M |
| Low Forecast | $193.07K | $-757.68K | $-757.68K | $-865.92K | $-108.24K | $-1.14M | $-1.03M | $-1.08M | $386.13K | $-649.44K | $-757.68K | $-757.68K | $18.86M | $-595.32K | $-2.05M | $-1.47M | $-1.58M | $-2.21M | $-1.47M | $-1.17M | $-1.47M |
| Surprise % | - | - | - | - | - | - | - | - | 0.00% | 1.51% | - | 2.37% | 0.00% | 1.05% | 6.28% | 0.97% | 0.65% | -3.34% | 0.95% | 1.25% | 0.82% |
VerifyMe's average Quarter net income forecast for Mar 24 is $-1.02M, with a range of $-1.08M to $-965.34K. VRME's average Quarter net income forecast represents a -51293.55% decrease compared to the company's last Quarter net income of $2.00K (Dec 23).
VerifyMe SG&A Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | $2.69M | $3.14M | $2.85M | $3.25M | $2.71M | $2.69M | $2.98M | $1.76M | $1.31M | $1.20M | $1.51M | $1.35M | $1.22M |
| Avg Forecast | $56.26M | $37.41M | $33.22M | $34.42M | $50.93M | $30.41M | $32.28M | $33.18M | $52.02M | $31.97M | $34.87M | $31.97M | $48.53M | $30.51M | $17.44M | $1.16M | $1.74M | $1.16M | $581.22K | $1.16M | $581.22K |
| High Forecast | $58.73M | $39.06M | $34.68M | $35.94M | $53.17M | $31.75M | $33.70M | $34.63M | $54.31M | $33.37M | $36.41M | $33.37M | $50.67M | $31.86M | $17.81M | $1.19M | $1.78M | $1.19M | $593.72K | $1.19M | $593.72K |
| Low Forecast | $53.78M | $35.77M | $31.76M | $32.91M | $48.69M | $29.07M | $30.86M | $31.72M | $49.73M | $30.56M | $33.34M | $30.56M | $46.40M | $29.17M | $17.06M | $1.14M | $1.71M | $1.14M | $568.71K | $1.14M | $568.71K |
| Surprise % | - | - | - | - | - | - | - | - | 0.05% | 0.10% | 0.08% | 0.10% | 0.06% | 0.09% | 0.17% | 1.52% | 0.75% | 1.03% | 2.60% | 1.17% | 2.11% |
VerifyMe's average Quarter SG&A projection for Mar 24 is $33.18M, based on 0 Wall Street analysts, with a range of $31.72M to $34.63M. The forecast indicates a 1135.60% rise compared to VRME last annual SG&A of $2.69M (Dec 23).
VerifyMe EPS Forecast
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | $-0.00 | - | $-0.18 | $0.01 | $-0.07 | $-1.52 | $-0.19 | $-0.14 | $0.99 | $-0.18 | $-0.19 | $-0.33 |
| Avg Forecast | $0.02 | $-0.07 | $-0.07 | $-0.08 | $-0.01 | $-0.10 | $-0.10 | $-0.10 | $0.04 | $-0.06 | $-0.07 | $-0.07 | $1.95 | $-0.06 | $-0.20 | $-0.14 | $-0.15 | $-0.21 | $-0.14 | $-0.10 | $-0.14 |
| High Forecast | $0.02 | $-0.07 | $-0.07 | $-0.08 | $-0.01 | $-0.10 | $-0.09 | $-0.09 | $0.04 | $-0.06 | $-0.07 | $-0.07 | $2.07 | $-0.05 | $-0.19 | $-0.14 | $-0.15 | $-0.20 | $-0.14 | $-0.10 | $-0.14 |
| Low Forecast | $0.02 | $-0.07 | $-0.07 | $-0.08 | $-0.01 | $-0.11 | $-0.10 | $-0.11 | $0.04 | $-0.06 | $-0.07 | $-0.07 | $1.84 | $-0.06 | $-0.20 | $-0.14 | $-0.15 | $-0.22 | $-0.14 | $-0.10 | $-0.14 |
| Surprise % | - | - | - | - | - | - | - | - | 0.01% | 0.00% | - | 2.57% | 0.00% | 1.20% | 7.79% | 1.36% | 0.93% | -4.71% | 1.29% | 1.90% | 2.35% |
According to 0 Wall Street analysts, VerifyMe's projected average Quarter EPS for Mar 24 is $-0.10, with a low estimate of $-0.11 and a high estimate of $-0.09. This represents a -50100.00% decrease compared to VRME previous annual EPS of - (Dec 23).
VerifyMe Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| USIO | Usio | $1.42 | $5.50 | 287.32% | Buy |
| VRME | VerifyMe | $1.30 | $1.50 | 15.38% | Buy |
VRME Forecast FAQ
Is VerifyMe a good buy?
Yes, according to 1 Wall Street analysts, VerifyMe (VRME) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of VRME's total ratings.
What is VRME's price target?
VerifyMe (VRME) average price target is $1.5 with a range of $1.5 to $1.5, implying a 15.38% from its last price of $1.3. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will VerifyMe stock go up soon?
According to Wall Street analysts' prediction for VRME stock, the company can go up by 15.38% (from the last price of $1.3 to the average price target of $1.5), up by 15.38% based on the highest stock price target, and up by 15.38% based on the lowest stock price target.
Can VerifyMe stock reach $2?
VRME's average twelve months analyst stock price target of $1.5 does not support the claim that VerifyMe can reach $2 in the near future.
What are VerifyMe's analysts' financial forecasts?
VerifyMe's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $25.26M (high $26.37M, low $24.15M), average EBITDA is $-13.825M (high $-13.217M, low $-14.433M), average net income is $-3.174M (high $-2.993M, low $-3.355M), average SG&A $146.8M (high $153.25M, low $140.34M), and average EPS is $-0.31 (high $-0.292, low $-0.328). VRME's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $27.76M (high $28.98M, low $26.53M), average EBITDA is $-15.193M (high $-14.524M, low $-15.861M), average net income is $-2.048M (high $-1.907M, low $-2.188M), average SG&A $161.32M (high $168.41M, low $154.22M), and average EPS is $-0.2 (high $-0.186, low $-0.214).
Did the VRME's actual financial results beat the analysts' financial forecasts?
Based on VerifyMe's last annual report (Dec 2023), the company's revenue was $25.31M, which missed the average analysts forecast of $25.95M by -2.45%. Apple's EBITDA was $-2.194M, missing the average prediction of $-14.205M by -84.55%. The company's net income was $-3.39M, beating the average estimation of $-1.638M by 106.94%. Apple's SG&A was $11.09M, missing the average forecast of $150.83M by -92.65%. Lastly, the company's EPS was $-0.35, beating the average prediction of $-0.16 by 118.75%. In terms of the last quarterly report (Dec 2023), VerifyMe's revenue was $8.71M, missing the average analysts' forecast of $8.95M by -2.65%. The company's EBITDA was $368K, missing the average prediction of $-4.899M by -107.51%. VerifyMe's net income was $2K, missing the average estimation of $409.55K by -99.51%. The company's SG&A was $2.68M, missing the average forecast of $52.02M by -94.84%. Lastly, the company's EPS was $0.0002, missing the average prediction of $0.04 by -99.50%