Based on ratings from 2 stock analysts, the Digimarc Corp stock price is expected to decrease by 2.94% in 12 months. This is calculated by using the average 12-month stock price forecast for Digimarc Corp. The lowest target is $28 and the highest is $40. Please note analyst price targets are not guaranteed and could be missed completely.
Digimarc Corp has a total of 2 Wall St Analyst ratings. There are 1 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Digimarc Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of DMRC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Joshua Reilly Needham | Buy | $40 | Reiterates | Nov 15, 2024 |
Joshua Reilly Needham | Buy | $40 | Reiterates | Aug 14, 2024 |
Joshua Reilly Needham | Buy | $40 | Upgrade | Jun 24, 2024 |
James Ricchiuti Needham | Hold | Reiterates | May 6, 2024 | |
Jeff Van Rhee Craig-Hallum | Hold | $28 | Maintains | May 3, 2024 |
Jeff Van Rhee Craig-Hallum | Hold | $25 | Maintains | May 11, 2023 |
Northland Capital Markets | Outperform | $55 | Initiates | Sep 12, 2019 |
Northland | Outperform | Initiates | Sep 12, 2019 | |
Needham | Hold | Downgrade | May 30, 2019 | |
B. Riley FBR | Neutral | Downgrade | May 30, 2019 | |
B. Riley Securities | Neutral | $57.5 | Downgrade | May 30, 2019 |
Craig-Hallum | Buy | Upgrade | May 2, 2019 | |
Craig-Hallum | Hold | Downgrade | Jul 7, 2017 | |
Needham | Buy | Initiates | Sep 9, 2016 | |
Craig-Hallum | Buy | Initiates | Jun 17, 2016 | |
Imperial Capital | Outperform | Initiates | May 9, 2014 | |
Vertical Research | Buy | Initiates | Apr 16, 2014 |
When did it IPO
1999
Staff Count
248
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Mr. Riley Young McCormack
Market Cap
$748.5M
In 2023, DMRC generated $34.9M in revenue, which was a increase of 15.41% from the previous year. This can be seen as a signal that DMRC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Picadeli and Digimarc have partnered to address retail shrink and food fraud, enhancing the self-checkout experience for consumers.
Why It Matters - The partnership between Picadeli and Digimarc targets retail shrink and food fraud, potentially enhancing profit margins and consumer trust, which could positively impact stock performance.
Summary - Digimarc has introduced advanced anti-counterfeit technology aimed at protecting government programs, businesses, and citizens.
Why It Matters - Digimarc's advanced anti-counterfeit technology could enhance security for government and businesses, potentially increasing demand for its services and boosting stock value.
Summary - Digimarc Corporation will hold its Q3 2024 Earnings Conference Call on November 14, 2024, at 5:00 PM ET. Key company executives and analysts will participate.
Why It Matters - The earnings call provides insights into Digimarc's financial performance and strategic direction, crucial for assessing its future growth potential and investment viability.
Summary - Digimarc Corporation announced its financial results for Q3 2024, ending September 30. Further details on performance were not provided in the excerpt.
Why It Matters - Digimarc's Q3 financial results can indicate growth potential and market demand for digital watermarking, influencing investor sentiment and stock performance.
Summary - Digimarc's CEO and CFO will participate in the Craig-Hallum Alpha Select Conference in New York City on November 19.
Why It Matters - Digimarc executives attending a major conference signals potential investor engagement and highlights the company's commitment to growth and visibility in the market.
Summary - Digimarc launched a brand protection app that enables field agents to easily and affordably authenticate products, aiding in the fight against counterfeits.
Why It Matters - Digimarc's app enhances brand protection, potentially increasing customer trust and reducing losses from counterfeits, which could lead to improved sales and stock performance.