NYSE:IRNT

IronNet - IRNT Stock Forecast, Price & News

$0.46

-0.03 (-6.81%)

(As of 11/28/2022 03:59 PM ET)

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Today's Range: $0.46
▼
$0.51
50-Day Range: $0.50
▼
$1.15
52-Week Range: $0.50
▼
$9.24

Volume: 18,553 shs
Average Volume: 2.24 million shs
Market Capitalization: $48.22 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.75

IronNet MarketRank™ Forecast

Analyst Rating: Hold
1.50 Rating Score
Upside/Downside: 475.9% Upside
$2.75 Price Target
Short Interest: Bearish
8.02% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$12,340 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.50 out of 5 stars

Computer And Technology Sector

563rd out of 631 stocks

Prepackaged Software Industry

197th out of 221 stocks

2.8

Analyst's Opinion

Consensus Rating
IronNet has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.75, IronNet has a forecasted upside of 475.9% from its current price of $0.48.
Amount of Analyst Coverage
IronNet has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
8.02% of the float of IronNet has been sold short.
Short Interest Ratio / Days to Cover
IronNet has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in IronNet has recently increased by 10.76%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
IronNet does not currently pay a dividend.
Dividend Growth
IronNet does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IRNT.

0.8

News and Social Media Coverage

News Sentiment
IronNet has a news sentiment score of -0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for IronNet this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for IRNT on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added IronNet to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IronNet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,340.00 in company stock.
Percentage Held by Insiders
38.60% of the stock of IronNet is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 20.65% of the stock of IronNet is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of IronNet is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of IronNet is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
IronNet has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About IronNet (NYSE:IRNT) Stock

IronNet, Inc. designs and develops solutions for cyber-attacks. The company offers IronDefense, an advanced network detection and response solution that provides behavior-based and AI-driven analytics at the network level to detect anomalous activity at individual enterprises and prioritize the threats in its network; and IronDome, a threat-exchange solution that enables collective defense member enterprises to actively exchange individual anonymized cyber anomalies at machine speed in a community of public-private peers. It also provides a suite of technologies that provide real-time threat assessment and updates, behavioral modeling, big data analytics, and proactive threat detection and response capabilities; and consulting and training programs to protect against current and emerging cyber-threats. The company's services include cyber operations center, governance and maturity, cybersecurity readiness, incident response, and training services. It serves enterprise, defense, healthcare, government, and energy and utilities industries. The company was incorporated in 2014 and is headquartered in McLean, Virginia with additional offices in Raleigh, North Carolina; London, United Kingdom; and Singapore.

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IRNT Stock News Headlines

October 31, 2022 | finance.yahoo.com

IronNet Announces Receipt of Continued Listing Standard Notice from NYSE

October 20, 2022 | finance.yahoo.com

IronNet Joins Space Information Sharing and Analysis Center to Protect Space Community from Cyber Threats

October 18, 2022 | washingtonpost.com

Cars face cyber threats too - The Washington Post

October 3, 2022 | benzinga.com

How Is The Market Feeling About IronNet? - IronNet (NYSE:IRNT) - Benzinga

September 29, 2022 | businesswire.com

IronNet Launches IronRadar to Automatically Block Adversary Infrastructure - Business Wire

September 29, 2022 | fool.com

IronNet, Inc. (NYSE: IRNT)

September 29, 2022 | technews.tmcnet.com

IronNet Launches IronRadar to Automatically Block Adversary Infrastructure

September 19, 2022 | fool.com

5 Red Flags for IronNet's Future - The Motley Fool

September 15, 2022 | benzinga.com

IronNet (NYSE:IRNT) – How Is The Market Feeling About IronNet? - Benzinga

September 15, 2022 | benzinga.com

IronNet (NYSE:IRNT) – IronNet shares are trading lower after the company reported worse-than-expected Q2 - Benzinga

September 15, 2022 | streetinsider.com

Form 424B3 IronNet, Inc. - StreetInsider.com

September 15, 2022 | seekingalpha.com

IronNet plunges by almost 50% following 'disastrous' results, co-CEO's departure - Seeking Alpha

September 15, 2022 | investing.com

IronNet Misses Q2 EPS by 7c By Investing.com - Investing.com

September 15, 2022 | investing.com

Ironnet Earnings Beat, Revenue Misses In Q3 By Investing.com - Investing.com

September 14, 2022 | benzinga.com

IronNet (NYSE:IRNT) – IronNet shares are trading lower after the company reported worse-than-expected Q2 EPS and sales results. The Company also withdrew its FY23 guidance in light of management transitions, restructuring and underperformance of curr - Benzinga

September 14, 2022 | ca.investing.com

IronNet Misses Q2 EPS by 7c By Investing.com - Investing.com Canada

September 14, 2022 | in.investing.com

Ironnet earnings beat, Revenue misses in Q3 - Investing.com India

September 14, 2022 | marketwatch.com

IronNet Shares Slide 14% on Withdrawn FY23 Guidance - MarketWatch

September 14, 2022 | benzinga.com

IronNet (NYSE:IRNT) – After-Hours Alert: Why IronNet Stock Is Plunging - Benzinga

September 14, 2022 | businesswire.com

IronNet Reports Fiscal Second Quarter 2023 Financial Results - Business Wire

September 14, 2022 | finance.yahoo.com

IronNet Reports Fiscal Second Quarter 2023 Financial Results

September 13, 2022 | benzinga.com

IronNet (NYSE:IRNT) – Earnings Outlook For IronNet - Benzinga

August 31, 2022 | businesswire.com

IronNet to Announce Fiscal Second Quarter 2023 Results on September 14, 2022 - Business Wire

August 25, 2022 | businesswire.com

One of Europe's Largest Logistics Companies Selects IronNet to Increase its Network Visibility and Proactively Hunt for Cyber Threats - Business Wire

August 17, 2022 | techcrunch.com

Malwarebytes lays off 125 employees citing ‘strategic reorg’ - TechCrunch

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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IRNT Company Calendar

Last Earnings: 9/14/2022
Today: 11/28/2022
Next Earnings (Estimated): 12/13/2022
Fiscal Year End: 1/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:IRNT
CUSIP: N/A
CIK: 1777946
Web: www.ironnet.com
Phone: 443-300-6761
Fax: N/A
Employees: 296
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.75
High Stock Price Forecast: $2.75
Low Stock Price Forecast: $2.75
Forecasted Upside/Downside: +491.4%
Consensus Rating: Hold
Rating Score (0-4): 1.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.28)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-242,650,000.00
Net Margins: -1,052.76%
Pretax Margin: -955.04%
Return on Equity: -458.41%
Return on Assets: -161.81%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.94
Quick Ratio: 0.76

Sales & Book Value

Annual Sales: $27.54 million
Price / Sales: 1.75
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.43 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 103,708,000
Free Float: 63,677,000
Market Cap: $48.22 million
Optionable: Optionable
Beta: 0.98

Key Executives

General Keith B. Alexander ret. (Age 70)
Founder, Co-CEO, Pres & Chairman
Comp: $375.54k

Mr. Donald E. Closser (Age 53)
Chief Product Officer
Comp: $341.15k

Colonel George Lamont
Co-Founder & Chief Information Officer

Mr. Cameron Pforr
Chief Financial Officer

Mr. S. Scott Alridge Esq. (Age 50)
Chief Legal Officer & Sec.

Mr. Michael Donohue
Chief Marketing Officer

Ms. Melissa Logsdon
Chief People Officer

Mr. Fernando Maymi
Chief Information Security Officer

Mr. Chris Murphy
Interim Chief Revenue Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IRNT Stock - Frequently Asked Questions

Should I buy or sell IronNet stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IronNet in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IRNT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IRNT, but not buy additional shares or sell existing shares.
View IRNT analyst ratings or view top-rated stocks.
What is IronNet's stock price forecast for 2023?: 4 brokerages have issued 1 year price targets for IronNet's stock. Their IRNT share price forecasts range from $2.75 to $2.75. On average, they expect the company's share price to reach $2.75 in the next twelve months. This suggests a possible upside of 451.1% from the stock's current price.
View analysts price targets for IRNT or view top-rated stocks among Wall Street analysts.
How have IRNT shares performed in 2022?: IronNet's stock was trading at $4.20 at the beginning of the year. Since then, IRNT stock has decreased by 88.1% and is now trading at $0.4990.
View the best growth stocks for 2022 here.
When is IronNet's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 13th 2022.
View our IRNT earnings forecast.
How were IronNet's earnings last quarter?: IronNet, Inc. (NYSE:IRNT) announced its quarterly earnings results on Wednesday, September, 14th. The company reported ($0.28) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.07. The firm earned $6.61 million during the quarter, compared to analysts' expectations of $7.70 million. IronNet had a negative net margin of 1,052.76% and a negative trailing twelve-month return on equity of 458.41%.

What is IronNet's stock symbol?: IronNet trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRNT."
Who are IronNet's major shareholders?: IronNet's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.24%), Vanguard Group Inc. (2.34%), State Street Corp (1.29%), Bank of New York Mellon Corp (0.20%), Migdal Insurance & Financial Holdings Ltd. (0.08%) and Renaissance Technologies LLC (0.07%). Insiders that own company stock include Donald Closser, James C Gerber, John M Keane, Keith Brian Alexander, Michael J Rogers and William E Welch.
View institutional ownership trends.
How do I buy shares of IronNet?: Shares of IRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is IronNet's stock price today?: One share of IRNT stock can currently be purchased for approximately $0.50.
How much money does IronNet make?: IronNet (NYSE:IRNT) has a market capitalization of $51.75 million and generates $27.54 million in revenue each year. The company earns $-242,650,000.00 in net income (profit) each year or ($3.28) on an earnings per share basis.
How many employees does IronNet have?: The company employs 296 workers across the globe.
How can I contact IronNet?: IronNet's mailing address is 165 W. LIBERTY ST. SUITE 220, RENO NV, 89501. The official website for the company is www.ironnet.com. The company can be reached via phone at 443-300-6761 or via email at ir@ironnet.com.

This page (NYSE:IRNT) was last updated on 11/28/2022 by MarketBeat.com Staff

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