B. Riley Issues Positive Estimate for Identiv Earnings

Identiv, Inc. (NASDAQ:INVE - Free Report) - B. Riley lifted their Q1 2025 earnings estimates for Identiv in a research report issued on Thursday, March 6th. B. Riley analyst C. Ellis now anticipates that the technology company will post earnings of ($0.24) per share for the quarter, up from their previous forecast of ($0.25). The consensus estimate for Identiv's current full-year earnings is ($1.11) per share. B. Riley also issued estimates for Identiv's Q2 2025 earnings at ($0.26) EPS, Q3 2025 earnings at ($0.24) EPS, Q4 2025 earnings at ($0.23) EPS, FY2025 earnings at ($0.97) EPS, Q1 2026 earnings at ($0.24) EPS, Q2 2026 earnings at ($0.24) EPS, Q3 2026 earnings at ($0.23) EPS, Q4 2026 earnings at ($0.23) EPS and FY2026 earnings at ($0.94) EPS.

Identiv (NASDAQ:INVE - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The technology company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.14. The firm had revenue of $6.70 million during the quarter, compared to the consensus estimate of $6.12 million. Identiv had a negative return on equity of 20.60% and a net margin of 113.62%. During the same period in the prior year, the firm earned $0.02 EPS.

INVE has been the topic of a number of other reports. StockNews.com raised shares of Identiv from a "sell" rating to a "hold" rating in a research report on Monday, November 11th. Lake Street Capital cut their price objective on shares of Identiv from $7.00 to $6.00 and set a "buy" rating on the stock in a report on Thursday, March 6th.

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Identiv Price Performance

Identiv stock traded up $0.07 during midday trading on Monday, hitting $3.33. 59,073 shares of the company were exchanged, compared to its average volume of 86,747. The company has a market cap of $79.54 million, a PE ratio of 1.09 and a beta of 1.38. Identiv has a fifty-two week low of $2.95 and a fifty-two week high of $8.89. The company's fifty day moving average price is $3.58 and its 200-day moving average price is $3.63.

Hedge Funds Weigh In On Identiv

A number of institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in shares of Identiv in the fourth quarter worth $37,000. Occudo Quantitative Strategies LP acquired a new position in Identiv during the 4th quarter worth $49,000. Marshall Wace LLP bought a new stake in shares of Identiv in the 4th quarter worth about $51,000. Jane Street Group LLC acquired a new stake in shares of Identiv in the 4th quarter valued at about $54,000. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of Identiv in the 3rd quarter valued at about $228,000. 65.16% of the stock is owned by institutional investors and hedge funds.

About Identiv

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.