Inotiv Inc has a consensus price target of $6.69 based on the ratings of 4 analysts. The high is $10 issued by Craig-Hallum on May 16, 2024. The low is $3.75 issued by Jefferies on May 14, 2024. The 3 most-recent analyst ratings were released by Lake Street, Lake Street, and Craig-Hallum on September 30, 2024, May 16, 2024, and May 16, 2024, respectively. With an average price target of $5.33 between Lake Street, Lake Street, and Craig-Hallum, there's an implied 189.86% upside for Inotiv Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Inotiv (NASDAQ:NOTV) was reported by Lake Street on September 30, 2024. The analyst firm set a price target for $4.00 expecting NOTV to rise to within 12 months (a possible 117.39% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Inotiv (NASDAQ:NOTV) was provided by Lake Street, and Inotiv upgraded their buy rating.
The last upgrade for Inotiv Inc happened on September 30, 2024 when Lake Street raised their price target to $4. Lake Street previously had a hold for Inotiv Inc.
The last downgrade for Inotiv Inc happened on May 16, 2024 when Lake Street changed their price target from $10 to $2 for Inotiv Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Inotiv, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Inotiv was filed on September 30, 2024 so you should expect the next rating to be made available sometime around September 30, 2025.
While ratings are subjective and will change, the latest Inotiv (NOTV) rating was a upgraded with a price target of $2.00 to $4.00. The current price Inotiv (NOTV) is trading at is $1.84, which is out of the analyst’s predicted range.
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