Based on ratings from 0 stock analysts, the ICZOOM Group Inc. - Class A Ordinary Shares stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for ICZOOM Group Inc. - Class A Ordinary Shares. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned IZM 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect ICZOOM Group Inc. - Class A Ordinary Shares to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on IZM. 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.
These are the latest 20 analyst ratings of IZM.
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When did it IPO
2023
Staff Count
109
Country
China
Sector/Industry
Technology/Electronics & Computer Distribution
CEO
Mr. Lei Xia
Market Cap
$24.9M
In 2023, IZM generated $214.4M in revenue, which was a decrease of -26.16% from the previous year. This can be seen as a signal that IZM's business is declining, and its share price could be worth less 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 - ICZOOM Group's subsidiary, Hjet Supply Chain, ranked 390th in the 2024 Shenzhen Top 500 Enterprises, highlighting its significant presence in the electronic components sector.
Why It Matters - ICZOOM's ranking among Shenzhen's Top 500 Enterprises highlights its growth and market position, potentially boosting investor confidence and impacting stock performance.
Summary - ICZOOM Group Inc. ranked 49th among the Top 100 Enterprises in China's Internet Industry, as announced by B2B Inner Reference, indicating its significant presence in the e-commerce sector.
Why It Matters - ICZOOM's ranking among China's Top 100 Internet Enterprises signals strong market positioning and growth potential, which could enhance investor confidence and affect stock performance.
Summary - ICZOOM Group Inc. has regained compliance with Nasdaq Listing Rules regarding annual shareholder meetings, after previously being notified of non-compliance in July 2024.
Why It Matters - ICZOOM Group's compliance with Nasdaq rules enhances its credibility, potentially stabilizing its stock price and attracting more investors, signaling improved governance.
Summary - ICZOOM Group Inc. (Nasdaq: IZM) successfully participated in the ELEXCON 2024 Shenzhen International Electronics Exhibition from August 27-29, 2024.
Why It Matters - ICZOOM's participation in a major electronics exhibition highlights its market presence and potential for growth, which can influence investor confidence and stock performance.
Summary - ICZOOM Group Inc. announced a strategic cooperation with WeBank in supply chain finance, enhancing its role in the electronic component industry. The ceremony took place on May 27, 2024.
Why It Matters - ICZOOM's partnership with WeBank strengthens its supply chain finance capabilities, potentially improving liquidity and operational efficiency, which can lead to increased investor confidence and stock performance.
Summary - ICZOOM Group Inc. amended its Annual Report on Form 20-F for fiscal year ending June 30, 2023, to revise legal and operational risk disclosures related to China, without changing financial results.
Why It Matters - The amendment signals heightened awareness of legal and operational risks in China, potentially affecting investor sentiment and perceptions of ICZOOM's stability and future outlook.