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

Key Points

• DA Davidson lowered Intellicheck’s price target to $5.00 from $7.50 but maintained a “buy” rating, implying roughly 80.6% upside from the stock’s $2.77 price.
• Intellicheck shares fell 26.2% to $2.77, near their 52-week low of $2.70. The stock’s consensus analyst view remains “Moderate Buy,” with an average target price of $6.75.
• The company reported quarterly EPS of $0.03, matching expectations, on $5.94 million in revenue. Institutional investors own 42.79% of Intellicheck, with several hedge funds recently initiating or increasing positions.

Intellicheck (NASDAQ:IDN - Get Free Report) had its target price cut by equities research analysts at DA Davidson from $7.50 to $5.00 in a report released on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. DA Davidson's target price suggests a potential upside of 80.64% from the company's current price.

A number of other analysts have also recently commented on IDN. Weiss Ratings cut shares of Intellicheck from a "hold (c)" rating to a "hold (c-)" rating in a research note on Wednesday, June 24th. Wall Street Zen lowered shares of Intellicheck from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 6th. Craig Hallum cut shares of Intellicheck from a "buy" rating to a "hold" rating and set a $6.50 target price on the stock. in a report on Wednesday, May 13th. Finally, Zacks Research downgraded Intellicheck from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 13th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $6.75.

Intellicheck Stock Down 26.2%

IDN traded down $0.98 during trading hours on Friday, hitting $2.77. The stock had a trading volume of 674,191 shares, compared to its average volume of 354,990. Intellicheck has a 1 year low of $2.70 and a 1 year high of $9.08. The company's fifty day simple moving average is $3.97 and its 200 day simple moving average is $5.20. The stock has a market cap of $56.05 million, a PE ratio of 25.28 and a beta of 0.81.

Intellicheck (NASDAQ:IDN - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported $0.03 EPS for the quarter, meeting the consensus estimate of $0.03. The business had revenue of $5.94 million for the quarter. Intellicheck had a net margin of 9.56% and a return on equity of 11.26%. As a group, equities analysts expect that Intellicheck will post 0.17 EPS for the current year.

Hedge Funds Weigh In On Intellicheck

Large investors have recently modified their holdings of the company. AIGH Capital Management LLC bought a new position in Intellicheck in the 4th quarter valued at $8,106,000. Essex Investment Management Co. LLC bought a new position in shares of Intellicheck in the fourth quarter worth $2,150,000. Marshall Wace LLP purchased a new stake in shares of Intellicheck in the second quarter worth $1,102,000. Jane Street Group LLC raised its position in shares of Intellicheck by 93.6% in the fourth quarter. Jane Street Group LLC now owns 275,986 shares of the company's stock worth $1,844,000 after buying an additional 133,396 shares in the last quarter. Finally, Two Sigma Investments LP boosted its stake in Intellicheck by 144.8% during the third quarter. Two Sigma Investments LP now owns 181,281 shares of the company's stock valued at $943,000 after buying an additional 107,243 shares during the period. 42.79% of the stock is currently owned by institutional investors.

Intellicheck Company Profile

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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