Intevac Inc

Intevac Inc Stock Forecast & Price Prediction

Live Intevac Inc Stock (IVAC) Price
$2.75

2

Ratings

  • Buy 1
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.75

P/E Ratio

-5.85

Volume Traded Today

$34,281

Dividend

Dividends not available for IVAC

52 Week High/low

4.57/2.46

Intevac Inc Market Cap

$74.2M

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IVAC Summary

From what 2 stock analysts predict, the share price for Intevac Inc (IVAC) might increase by 154.55% in the next year. This is based on a 12-month average estimation for IVAC. Price targets go from $7 to $7. The majority of stock analysts believe IVAC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

IVAC Analyst Ratings

About 2 Wall Street analysts have assignedIVAC 1 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Intevac Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on IVAC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

IVAC stock forecast by analyst

These are the latest 20 analyst ratings of IVAC.

Analyst/Firm

Rating

Price Target

Change

Date

Mark Miller
Benchmark

Hold


Reiterates

Nov 12, 2024
Mark Miller
Benchmark

Hold


Downgrade

Jun 14, 2023
Mark Miller
Benchmark

Buy

$9

Upgrade

Jan 3, 2023
Mark Miller
Benchmark

Hold


Downgrade

Feb 10, 2022

Benchmark

Buy

$7

Maintains

Oct 27, 2020

Northland Capital Markets

Outperform


Initiates

Aug 31, 2020

B. Riley FBR

Neutral


Maintains

Apr 13, 2020
Craig Ellis
B. Riley Securities

Neutral

$5

Maintains

Apr 13, 2020
Craig Ellis
B. Riley Securities

Neutral

$3.75

Downgrade

Mar 19, 2020

B. Riley FBR

Neutral


Downgrade

Mar 19, 2020

B. Riley

Buy


Maintains

Jan 15, 2020

B. Riley Securities

Buy

$9

Maintains

Jan 15, 2020

B. Riley

Buy


Upgrade

Jul 30, 2019

B. Riley Securities

Buy

$7

Upgrade

Jul 30, 2019

B. Riley FBR

Neutral


Maintains

Jul 31, 2018
Craig Ellis
B. Riley Securities

Neutral

$5

Maintains

Jul 31, 2018

Benchmark

Buy


Upgrade

Jul 31, 2018

B. Riley FBR

Buy


Upgrade

May 5, 2018

B. Riley Securities

Neutral


Downgrade

May 1, 2018

B. Riley FBR

Neutral


Downgrade

May 1, 2018

IVAC Company Information

What They Do: Manufactures thin-film processing systems.

Business Model: Intevac, Inc. generates revenue by designing, developing, and manufacturing vacuum process equipment solutions tailored for small substrates. The company sells its products primarily through a direct sales force and distributors in key markets like Japan and China, targeting sectors such as hard disk drives and advanced coatings.

Other Information: Founded in 1990 and headquartered in Santa Clara, California, Intevac operates globally across the U.S., Europe, and Asia, focusing on precision engineering for various thin-film applications.
IVAC
Intevac Inc (IVAC)

When did it IPO

1995

Staff Count

126

Country

United States

Sector/Industry

Industrials/Specialty Industrial Machinery

CEO

Mr. Nigel D. Hunton

Market Cap

$74.2M

Intevac Inc (IVAC) Financial Data

In 2023, IVAC generated $52.7M in revenue, which was a increase of 47.27% from the previous year. This can be seen as a signal that IVAC'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

$52.1M

Revenue From 2021

$38.5M

-26.10 %
From Previous Year

Revenue From 2022

$35.8M

-7.17 %
From Previous Year

Revenue From 2023

$52.7M

47.27 %
From Previous Year
  • Revenue TTM $65.6M
  • Operating Margin TTM -6.1%
  • Gross profit TTM $20.2M
  • Return on assets TTM -4.3%
  • Return on equity TTM -8.8%
  • Profit Margin -13.6%
  • Book Value Per Share 4.18%
  • Market capitalisation $74.2M
  • Revenue for 2021 $38.5M
  • Revenue for 2022 $35.8M
  • Revenue for 2023 $52.7M
  • EPS this year (TTM) $-0.37

Intevac Inc (IVAC) Latest News

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Intevac, Inc. (NASDAQ: IVAC) will hold its Q3 2024 earnings conference call on November 11, 2024, at 4:30 PM ET, featuring CEO Nigel Hunton and CFO Cameron McAulay.

Why It Matters - Intevac's Q3 earnings call indicates upcoming financial results, which can impact stock performance and investor sentiment based on earnings, guidance, and market reaction.

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Intevac, Inc. (Nasdaq: IVAC) reported favorable Q3 results, with increased HDD revenues driven by technology upgrades for next-gen HAMR media, for the quarter ending September 28, 2024.

Why It Matters - Intevac's strong third-quarter results and growth in HDD revenues signal robust demand for its technology, potentially enhancing investor confidence and stock performance.

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Intevac, Inc. has appointed Ryan L. Vardeman, co-founder of Palogic Value Fund and a significant shareholder, to its board of directors, effective immediately.

Why It Matters - The appointment of Ryan Vardeman, a substantial shareholder, to Intevac's board signals potential strategic changes and alignment with shareholder interests, impacting investor confidence and stock performance.

News Image

Mon, 14 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Intevac, Inc. (Nasdaq: IVAC) will release its fiscal Q3 2024 financial results on November 11, 2024, at 1 p.m. PT, followed by a teleconference at 1:30 p.m. PT.

Why It Matters - Intevac's upcoming financial results release and management teleconference could signal shifts in performance and strategy, impacting stock valuation and investor sentiment.

News Image

Tue, 01 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Intevac, Inc. (Nasdaq: IVAC) appointed Kevin Barber as Board Chairman, succeeding David Dury, who will stay on the Board until the 2025 annual stockholders meeting.

Why It Matters - Leadership changes can signal strategic shifts or continuity, impacting investor confidence and stock performance. Barber's appointment may influence Intevac's future direction.

News Image

Tue, 27 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Intevac, Inc. has appointed Eiji Miyanaga as an independent director on its Board, enhancing its leadership with his industry experience. Miyanaga previously served on the board of Ferrotec Holdings.

Why It Matters - The appointment of Eiji Miyanaga to Intevac's Board enhances leadership expertise, potentially driving strategic growth and innovation, which can positively influence stock performance.

...

IVAC Frequently asked questions

The highest forecasted price for IVAC is $7 from at B. Riley Securities.

The lowest forecasted price for IVAC is $7 from from B. Riley Securities

The IVAC analyst ratings consensus are 1 buy ratings, 1 hold ratings, and 0 sell ratings.