HC Wainwright Reaffirms Buy Rating for Intellicheck (NYSE:IDN)

Key Points

• Intellicheck (NYSE:IDN) has received a "buy" rating from HC Wainwright, with a price target of $6.00, indicating a potential upside of 19.28% from its current price.
• Several other research firms have also upgraded Intellicheck to "buy," including Craig Hallum and DA Davidson, which raised their price objectives for the stock.
• Intellicheck's share price opened at $5.03 with a 52-week range of $1.92 to $6.49 and a current market capitalization of approximately $99.82 million.

Intellicheck (NYSE:IDN - Get Free Report)'s stock had its "buy" rating reiterated by HC Wainwright in a report issued on Wednesday,Benzinga reports. They presently have a $6.00 price target on the stock. HC Wainwright's price target points to a potential upside of 19.52% from the stock's previous close. HC Wainwright also issued estimates for Intellicheck's Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.04) EPS and FY2026 earnings at $0.00 EPS.

Other equities research analysts have also issued research reports about the stock. DA Davidson upgraded shares of Intellicheck from a "neutral" rating to a "buy" rating and raised their price target for the company from $3.00 to $5.50 in a research note on Tuesday, May 20th. Wall Street Zen upgraded shares of Intellicheck from a "hold" rating to a "buy" rating in a research note on Wednesday, June 18th. Finally, Craig Hallum upgraded shares of Intellicheck from a "hold" rating to a "buy" rating and set a $6.00 price target on the stock in a research note on Wednesday, May 21st.

Intellicheck Stock Performance

Shares of NYSE:IDN traded up $0.18 during trading hours on Wednesday, hitting $5.02. The stock had a trading volume of 271,450 shares, compared to its average volume of 211,974. The stock's fifty day simple moving average is $5.24 and its 200 day simple moving average is $3.74. Intellicheck has a 1-year low of $1.92 and a 1-year high of $6.49. The firm has a market capitalization of $99.62 million, a price-to-earnings ratio of -167.33 and a beta of 1.21.

Insiders Place Their Bets

In other Intellicheck news, Director Gregory Braca sold 7,703 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $4.33, for a total value of $33,353.99. Following the completion of the sale, the director directly owned 823 shares in the company, valued at $3,563.59. This represents a 90.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.88% of the stock is owned by company insiders.

Institutional Investors Weigh In On Intellicheck

Institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in Intellicheck during the 1st quarter valued at $45,000. OMERS ADMINISTRATION Corp acquired a new stake in Intellicheck during the 2nd quarter valued at $54,000. XTX Topco Ltd acquired a new stake in Intellicheck during the 1st quarter valued at $63,000. Occudo Quantitative Strategies LP acquired a new stake in Intellicheck during the 2nd quarter valued at $65,000. Finally, Jump Financial LLC acquired a new stake in Intellicheck during the 2nd quarter valued at $66,000. Institutional investors and hedge funds own 42.79% of the company's stock.

About Intellicheck

Intellicheck, Inc, a technology company, provides on-demand digital identity validation solutions for KYC, fraud, and age verification needs in North America. The company offers solutions for digital and physical identities for financial services, fintech companies, BNPL providers, e-commerce and retail commerce businesses, law enforcement, and government agencies.