Is Iteris Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: ITI) stock is to Strong Buy ITI stock.
Out of 2 analysts, 2 (100%) are recommending ITI as a Strong Buy, 0 (0%) are recommending ITI as a Buy, 0 (0%) are recommending ITI as a Hold, 0 (0%) are recommending ITI as a Sell, and 0 (0%) are recommending ITI as a Strong Sell.
What is ITI's revenue growth forecast for 2025-2025?
(NASDAQ: ITI) Iteris's forecast annual revenue growth rate of 10.44% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of -2.88%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.87%.
Iteris's revenue in 2024 is $171,677,000.
In 2025, ITI is forecast to generate $8,135,575,891 in revenue, with the lowest revenue forecast at $8,022,513,247 and the highest revenue forecast at $8,248,638,534.
What is ITI's forecast return on assets (ROA) for 2025-2025?
(NASDAQ: ITI) forecast ROA is N/A, which is lower than the forecast US Communication Equipment industry average of 6.8%.
What is ITI's Price Target?
According to 2 Wall Street analysts that have issued a 1 year ITI price target, the average ITI price target is $7.75, with the highest ITI stock price forecast at $8.50 and the lowest ITI stock price forecast at $7.00.
On average, Wall Street analysts predict that Iteris's share price could reach $7.75 by Mar 20, 2025. The average Iteris stock price prediction forecasts a potential upside of 78.16% from the current ITI share price of $4.35.
What is ITI's forecast return on equity (ROE) for 2025-2025?
(NASDAQ: ITI) forecast ROE is N/A, which is considered weak.
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