Is Identiv Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: INVE) stock is to Strong Buy INVE stock.
Out of 1 analyst, 1 (100%) are recommending INVE as a Strong Buy, 0 (0%) are recommending INVE as a Buy, 0 (0%) are recommending INVE as a Hold, 0 (0%) are recommending INVE as a Sell, and 0 (0%) are recommending INVE as a Strong Sell.
What is INVE's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: INVE) forecast ROE is 10.59%, which is considered weak.
What is INVE's Price Target?
According to 1 Wall Street analyst that have issued a 1 year INVE price target, the average INVE price target is $11.00, with the highest INVE stock price forecast at $11.00 and the lowest INVE stock price forecast at $11.00.
The Wall Street analyst predicted that Identiv's share price could reach $11.00 by Jun 26, 2024. The average Identiv stock price prediction forecasts a potential upside of 30.8% from the current INVE share price of $8.41.
What is INVE's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: INVE) forecast ROA is 7.04%, which is lower than the forecast US Computer Hardware industry average of 15.22%.
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