VerifyMe (VRME) Stock Forecast, Price Target & Predictions

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VRME Stock Forecast

VerifyMe stock forecast is as follows: an average price target of $1.50 (represents a 143.11% upside from VRME’s last price of $0.62) 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 143.11% upside from VRME's last price of $0.62.

VRME Analyst Ratings

Buy

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	-	-	32.74%	143.11%
May 15, 2024	Michael Petusky	Barrington	-	-	16.96%	224.15%

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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 143.11% increase from VRME last price ($0.62).

VerifyMe Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$1.75
Last Closing Price	$0.62	$0.62	$0.62
Upside/Downside	-100.00%	-100.00%	183.63%

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 $0.62. This month's average price target is down NaN% 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

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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	$8.89M	$5.75M	$5.54M	$5.79M	$8.21M	$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	$9.02M	$5.84M	$5.62M	$5.88M	$8.33M	$5.31M	$5.64M	$5.79M	$9.08M	$5.58M	$6.09M	$5.58M	$8.47M	$5.25M	$3.00M	$200.00K	$300.00K	$200.00K	$100.00K	$200.00K	$100.00K
Low Forecast	$8.76M	$5.67M	$5.46M	$5.71M	$8.09M	$5.15M	$5.47M	$5.62M	$8.82M	$5.42M	$5.91M	$5.42M	$8.23M	$5.25M	$3.00M	$200.00K	$300.00K	$200.00K	$100.00K	$200.00K	$100.00K
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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 1 analysts is $5.71M, with a low forecast of $5.62M, and a high forecast of $5.79M. 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$-6.69M	$-4.33M	$-4.17M	$-4.36M	$-6.18M	$-3.94M	$-4.18M	$-4.30M	$-6.74M	$-4.14M	$-4.52M	$-4.14M	$-6.28M	$-2.86M	$-1.63M	$-108.84K	$-163.27K	$-108.84K	$-54.42K	$-956.99K	$-54.42K
High Forecast	$-6.59M	$-4.27M	$-4.11M	$-4.30M	$-6.09M	$-3.88M	$-4.12M	$-4.23M	$-6.64M	$-4.08M	$-4.45M	$-4.08M	$-6.19M	$-2.86M	$-1.63M	$-108.84K	$-163.27K	$-108.84K	$-54.42K	$-765.59K	$-54.42K
Low Forecast	$-6.79M	$-4.39M	$-4.23M	$-4.42M	$-6.27M	$-4.00M	$-4.24M	$-4.36M	$-6.83M	$-4.20M	$-4.58M	$-4.20M	$-6.38M	$-2.86M	$-1.63M	$-108.84K	$-163.27K	$-108.84K	$-54.42K	$-1.15M	$-54.42K
Surprise %	-	-	-	-	-	-	-	-	-0.05%	0.21%	0.23%	0.36%	-0.01%	0.33%	0.68%	17.15%	5.95%	-66.33%	24.37%	1.25%	21.04%

1 analysts predict VRME's average Quarter EBITDA for Mar 24 to be $-4.30M, with a high of $-4.23M and a low of $-4.36M. This is -1267.22% 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$212.07K	$-742.26K	$-742.26K	$-636.22K	$-371.13K	$-1.11M	$-1.01M	$-1.06M	$424.15K	$-636.22K	$-742.26K	$-742.26K	$20.72M	$-563.13K	$-2.00M	$-1.43M	$-1.54M	$-2.15M	$-1.43M	$-975.45K	$-1.43M
High Forecast	$216.14K	$-728.04K	$-728.04K	$-624.03K	$-364.02K	$-1.09M	$-988.05K	$-1.04M	$432.28K	$-624.03K	$-728.04K	$-728.04K	$21.12M	$-563.13K	$-2.00M	$-1.43M	$-1.54M	$-2.15M	$-1.43M	$-780.36K	$-1.43M
Low Forecast	$208.01K	$-756.49K	$-756.49K	$-648.41K	$-378.24K	$-1.13M	$-1.03M	$-1.08M	$416.02K	$-648.41K	$-756.49K	$-756.49K	$20.32M	$-563.13K	$-2.00M	$-1.43M	$-1.54M	$-2.15M	$-1.43M	$-1.17M	$-1.43M
Surprise %	-	-	-	-	-	-	-	-	0.00%	1.46%	-	2.29%	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 $-1.06M, with a range of $-1.08M to $-1.04M. VRME's average Quarter net income forecast represents a -53118.70% 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$51.70M	$33.47M	$32.23M	$33.71M	$47.78M	$30.44M	$32.31M	$33.21M	$52.07M	$32.00M	$34.91M	$32.00M	$48.58M	$30.54M	$17.45M	$1.16M	$1.75M	$1.16M	$581.80K	$1.16M	$581.80K
High Forecast	$52.46M	$33.97M	$32.70M	$34.21M	$48.49M	$30.89M	$32.79M	$33.70M	$52.84M	$32.47M	$35.42M	$32.47M	$49.30M	$30.54M	$17.45M	$1.16M	$1.75M	$1.16M	$581.80K	$1.16M	$581.80K
Low Forecast	$50.94M	$32.98M	$31.75M	$33.21M	$47.08M	$29.99M	$31.84M	$32.72M	$51.30M	$31.53M	$34.39M	$31.53M	$47.86M	$30.54M	$17.45M	$1.16M	$1.75M	$1.16M	$581.80K	$1.16M	$581.80K
Surprise %	-	-	-	-	-	-	-	-	0.05%	0.10%	0.08%	0.10%	0.06%	0.09%	0.17%	1.52%	0.75%	1.03%	2.60%	1.16%	2.10%

VerifyMe's average Quarter SG&A projection for Mar 24 is $33.21M, based on 1 Wall Street analysts, with a range of $32.72M to $33.70M. The forecast indicates a 1136.83% 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	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	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	$-0.06	$-0.04	$-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	$-0.06	$-0.03	$-0.10	$-0.09	$-0.10	$0.04	$-0.06	$-0.07	$-0.07	$1.99	$-0.06	$-0.20	$-0.14	$-0.15	$-0.21	$-0.14	$-0.10	$-0.14
Low Forecast	$0.02	$-0.07	$-0.07	$-0.06	$-0.04	$-0.11	$-0.10	$-0.10	$0.04	$-0.06	$-0.07	$-0.07	$1.92	$-0.06	$-0.20	$-0.14	$-0.15	$-0.21	$-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 1 Wall Street analysts, VerifyMe's projected average Quarter EPS for Mar 24 is $-0.10, with a low estimate of $-0.10 and a high estimate of $-0.10. 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	-	-	274.15%	Buy
VRME	VerifyMe	-	-	141.94%	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 143.11% from its last price of $0.617. 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 143.11% (from the last price of $0.617 to the average price target of $1.5), up by 143.11% based on the highest stock price target, and up by 143.11% based on the lowest stock price target.

Can VerifyMe stock reach $1?

VRME's average twelve months analyst stock price target of $1.5 supports the claim that VerifyMe can reach $1 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 $24.71M (high $25.07M, low $24.34M), average EBITDA is $-18.592M (high $-18.318M, low $-18.866M), average net income is $-3.552M (high $-3.484M, low $-3.62M), average SG&A $143.74M (high $145.86M, low $141.63M), and average EPS is $-0.335 (high $-0.329, low $-0.341). VRME's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $25.97M (high $26.36M, low $25.59M), average EBITDA is $-19.545M (high $-19.257M, low $-19.834M), average net income is $-1.909M (high $-1.864M, low $-1.953M), average SG&A $151.11M (high $153.34M, low $148.89M), and average EPS is $-0.18 (high $-0.176, low $-0.184).

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 $-19.528M by -88.76%. The company's net income was $-3.39M, beating the average estimation of $-1.697M by 99.81%. Apple's SG&A was $11.09M, missing the average forecast of $150.98M 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 $-6.735M by -105.46%. VerifyMe's net income was $2K, missing the average estimation of $424.15K by -99.53%. The company's SG&A was $2.68M, missing the average forecast of $52.07M by -94.84%. Lastly, the company's EPS was $0.0002, missing the average prediction of $0.04 by -99.50%