Identiv (NASDAQ:INVE) Earns Sell (D+) Rating from Weiss Ratings

Key Points

• Identiv has received a "sell (D+)" rating from Weiss Ratings, indicating negative sentiment towards the stock.
• Despite the sell rating from Weiss, other analysts have varying views, with three ratings classified as "Buy" and one as "Sell," alongside an average price target of $5.33.
• The company recently reported a quarterly loss of ($0.26) EPS, slightly better than the consensus estimate, but revenues fell short of expectations at $5.04 million.

Identiv (NASDAQ:INVE - Get Free Report)'s stock had its "sell (d+)" rating reissued by Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Several other equities analysts also recently issued reports on the stock. Wall Street Zen upgraded shares of Identiv from a "sell" rating to a "hold" rating in a research note on Saturday, August 30th. Craig Hallum restated a "buy" rating and issued a $5.00 price objective on shares of Identiv in a research note on Friday, August 8th. Finally, B. Riley decreased their price objective on shares of Identiv from $6.50 to $6.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $5.33.

Identiv Price Performance

NASDAQ:INVE opened at $3.73 on Wednesday. The firm has a market capitalization of $88.48 million, a PE ratio of 1.23 and a beta of 1.36. The business's fifty day moving average price is $3.64 and its 200 day moving average price is $3.40. Identiv has a 12 month low of $2.86 and a 12 month high of $4.29.

Identiv (NASDAQ:INVE - Get Free Report) last posted its earnings results on Thursday, August 7th. The technology company reported ($0.26) EPS for the quarter, beating the consensus estimate of ($0.31) by $0.05. The firm had revenue of $5.04 million for the quarter, compared to analyst estimates of $5.10 million. Identiv had a negative return on equity of 13.75% and a net margin of 308.59%. Identiv has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Identiv will post -1.11 EPS for the current year.

Hedge Funds Weigh In On Identiv

A number of hedge funds and other institutional investors have recently made changes to their positions in INVE. XTX Topco Ltd purchased a new position in shares of Identiv during the second quarter worth about $38,000. Jane Street Group LLC purchased a new position in shares of Identiv during the second quarter worth about $55,000. Goldman Sachs Group Inc. grew its holdings in shares of Identiv by 56.6% during the first quarter. Goldman Sachs Group Inc. now owns 49,295 shares of the technology company's stock worth $157,000 after buying an additional 17,811 shares during the last quarter. Peapod Lane Capital LLC purchased a new position in shares of Identiv during the first quarter worth about $982,000. Finally, Boothbay Fund Management LLC grew its holdings in shares of Identiv by 27.6% during the second quarter. Boothbay Fund Management LLC now owns 373,408 shares of the technology company's stock worth $1,217,000 after buying an additional 80,678 shares during the last quarter. Hedge funds and other institutional investors own 65.16% of the company's stock.

Identiv Company Profile

Identiv, Inc, a security technology company, that provides secure identification and physical security solutions that secure things, data, and physical places worldwide. It operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security.

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