Intellicheck (NASDAQ:IDN) Price Target Lowered to $5.00 at DA Davidson

by · The Cerbat Gem

Intellicheck (NASDAQ:IDN – Free Report) had its target price reduced by DA Davidson from $7.50 to $5.00 in a research report sent to investors on Friday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Other research analysts have also issued research reports about the company. Zacks Research lowered Intellicheck from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Craig Hallum lowered Intellicheck from a “buy” rating to a “hold” rating and set a $6.50 price target on the stock. in a research report on Wednesday, May 13th. Weiss Ratings cut Intellicheck from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. Finally, Wall Street Zen downgraded Intellicheck from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.50.

View Our Latest Research Report on Intellicheck

Intellicheck Price Performance

Shares of NASDAQ IDN opened at $2.81 on Friday. Intellicheck has a 1 year low of $2.70 and a 1 year high of $9.08. The stock has a market capitalization of $56.90 million, a P/E ratio of 18.73 and a beta of 0.81. The company’s 50-day moving average is $3.95 and its 200 day moving average is $5.19.

Intellicheck (NASDAQ:IDN – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.03 EPS for the quarter, hitting the consensus estimate of $0.03. The business had revenue of $5.94 million during the quarter. Intellicheck had a net margin of 13.03% and a return on equity of 15.41%. Research analysts anticipate that Intellicheck will post 0.17 earnings per share for the current year.

Hedge Funds Weigh In On Intellicheck

Several large investors have recently made changes to their positions in the business. Globeflex Capital L P bought a new stake in shares of Intellicheck in the 2nd quarter worth approximately $70,000. Bank of New York Mellon Corp bought a new position in Intellicheck during the 2nd quarter valued at approximately $201,000. NewEdge Advisors LLC raised its stake in Intellicheck by 149.7% during the first quarter. NewEdge Advisors LLC now owns 23,462 shares of the company’s stock valued at $164,000 after buying an additional 14,066 shares during the last quarter. Renaissance Technologies LLC raised its stake in Intellicheck by 11.3% during the first quarter. Renaissance Technologies LLC now owns 485,835 shares of the company’s stock valued at $3,396,000 after buying an additional 49,470 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Intellicheck in the first quarter worth $361,000. 42.79% of the stock is currently owned by hedge funds and other institutional investors.

About Intellicheck

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Intellicheck, Inc is a provider of mobile identity verification and authentication solutions designed to help organizations verify credentials and combat fraud. The company’s technology leverages optical character recognition, machine learning, and biometric facial recognition to validate government‐issued IDs, passports, and other identity documents in real time. These solutions are deployed via on‐premises hardware or cloud‐based platforms, enabling clients to integrate identity checks directly into digital workflows and point‐of‐sale systems.

The firm’s flagship offerings include mobile credential scanning applications and software development kits (SDKs) that support Know Your Customer (KYC), Anti–Money Laundering (AML), age verification, and regulatory compliance across multiple industries.

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