
I3 Verticals (IIIV) Stock Forecast & Price Target
I3 Verticals (IIIV) Analyst Ratings
Bulls say
i3 Verticals Inc is anticipated to see a year-over-year increase in Adjusted EBITDA of 2%-13%, projecting a range of $58.5 million to $65.0 million for fiscal 2025, with margins expected to improve or remain stable. The company has demonstrated strong performance in recurring revenue, which rose 9% year-over-year on a pro forma basis, accounting for 75% of total revenue, while non-recurring revenue showed a modest 1% increase. Additionally, the company maintains a robust M&A pipeline that could further strengthen its market position, alongside a 9% year-over-year growth in Annual Recurring Revenue (ARR), highlighting the effective execution of its growth strategy in key verticals.
Bears say
i3 Verticals, Inc. reported a 2% year-over-year decline in Non-GAAP EBITDA to $14.4 million, which was 5% below its internal forecast, indicating challenges in meeting growth expectations. The company's high-margin software license fees plummeted by 76% year-over-year to $0.6 million, reflecting a significant drop in non-recurring software sales and a shift towards lower-margin professional services. Additionally, organic growth is stunted due to underpenetrated key verticals and slow client retention, contributing to an overall concerning financial outlook for the company.
This aggregate rating is based on analysts' research of I3 Verticals and is not a guaranteed prediction by Public.com or investment advice.
I3 Verticals (IIIV) Analyst Forecast & Price Prediction
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