The divestment of the merchant of record payment business to Payroc is set to help i3 Verticals (IIIV) focus on its core businesses and reduce its debt burden.

In the last three months, 4 analysts have published ratings on i3 Verticals (NASDAQ:IIIV), offering a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 1 1 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $26.75, a high estimate of $29.00, and a low estimate of $24.00. Marking an increase of 7.0%, the current average surpasses the previous average price target of $25.00. Interpreting Analyst Ratings: A Closer Look The standing of i3 Verticals among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Charles Nabhan Stephens & Co. Raises Overweight $29.00 $27.00 Rufus Hone BMO Capital Lowers Market Perform $24.00 $25.00 Josh Beck Keybanc Raises Overweight $26.00 $23.00 Mark Palmer Benchmark Maintains Buy $28.00 - Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to i3 Verticals. This information ...Full story available on Benzinga.com

During the last three months, 5 analysts shared their evaluations of i3 Verticals (NASDAQ:IIIV), revealing diverse outlooks from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 2 0 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $25.0, a high estimate of $28.00, and a low estimate of $20.00. Observing a 4.17% increase, the current average has risen from the previous average price target of $24.00. Analyzing Analyst Ratings: A Detailed Breakdown The standing of i3 Verticals among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Josh Beck Keybanc Raises Overweight $26.00 $23.00 Mark Palmer Benchmark Maintains Buy $28.00 - Mark Palmer Benchmark Announces Buy $28.00 - James Faucette Morgan Stanley Lowers Equal-Weight $20.00 $25.00 Rufus Hone BMO Capital Lowers Market Perform $23.00 $24.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to i3 Verticals. This information offers ...Full story available on Benzinga.com

In the latest quarter, 4 analysts provided ratings for i3 Verticals (NASDAQ:IIIV), showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 2 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for i3 Verticals, presenting an average target of $24.75, a high estimate of $28.00, and a low estimate of $20.00. Witnessing a positive shift, the current average has risen by 1.02% from the previous average price target of $24.50. Diving into Analyst Ratings: An In-Depth Exploration In examining recent analyst actions, we gain insights into how financial experts perceive i3 Verticals. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Mark Palmer Benchmark Maintains Buy $28.00 - Mark Palmer Benchmark Announces Buy $28.00 - James Faucette Morgan Stanley Lowers Equal-Weight $20.00 $25.00 Rufus Hone BMO Capital Lowers Market Perform $23.00 $24.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related ...Full story available on Benzinga.com

In the last three months, 6 analysts have published ratings on i3 Verticals (NASDAQ:IIIV), offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 3 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $25.83, a high estimate of $32.00, and a low estimate of $23.00. This current average has decreased by 2.53% from the previous average price target of $26.50. Interpreting Analyst Ratings: A Closer Look The standing of i3 Verticals among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Rufus Hone BMO Capital Lowers Market Perform $23.00 $24.00 Rufus Hone BMO Capital Announces Market Perform $24.00 - Charles Nabhan Stephens & Co. Lowers Overweight $28.00 $32.00 James Faucette Morgan Stanley Lowers Equal-Weight $25.00 $26.00 Josh Beck Keybanc Lowers Overweight $23.00 $24.00 Charles Nabhan Stephens & Co. Maintains Overweight $32.00 - Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or ...Full story available on Benzinga.com

The headline numbers for i3 Verticals (IIIV) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

i3 Verticals (IIIV) delivered earnings and revenue surprises of -5.26% and 1%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Twilio (TWLO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

BMO Capital Markets analyst Rufus Hone initiated coverage on several fintech stocks. At Market Perform rating, the analyst commenced coverage at Repay Holdings Corp (NASDAQ: RPAY) with a price target of $9, Remitly Global Inc (NASDAQ: RELY) at a $25 price target, The Western Union Co (NYSE: WU) at $12, AvidXchange Holdings Inc (NASDAQ: AVDX) at $11 and i3 Verticals Inc (NASDAQ: IIIV) at $24 price target. WU: The analyst says the investors should wait for more evidence of durable revenue growth, mainly once easier prior-year comps are lapped (i.e., by H2 FY24). While the C2C segment is seeing benefits from "Evolve 2025" initiatives, the analyst says it is too early to get comfortable on a durable EBIT/EPS growth trajectory. The ...Full story available on Benzinga.com

i3 Verticals (NASDAQ:IIIV) has observed the following analyst ratings within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 3 1 0 0 2M Ago 0 1 0 0 0 3M Ago 0 0 0 0 0 According to 6 analyst offering 12-month price targets in the last 3 months, i3 Verticals has an average price target of $26.0 with a high of $32.00 and a low of $23.00. Below is a summary of how these 6 analysts rated i3 ...Full story available on Benzinga.com

Stephens & Co. has decided to maintain its Overweight rating of i3 Verticals (NASDAQ:IIIV) and lower its price target from $32.00 to $28.00. Shares of i3 Verticals are trading up 0.0% over the last 24 hours, at $19.84 per share. A move to $28.00 would account for a 41.13% increase from the current share price. About i3 Verticals i3 Verticals Inc offers integrated payment and software solutions to small and medium-sized businesses and organizations in strategic vertical markets. Its operating segment includes Merchant Services and Proprietary Software and Payments. The company generates maximum revenue from the Proprietary Software and Payments. The ...Full story available on Benzinga.com

Over the past 3 months, 4 analysts have published their opinion on i3 Verticals (NASDAQ:IIIV) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 1 0 0 Last 30D 0 1 1 0 0 1M Ago 0 2 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 According to 4 analyst offering 12-month price targets in the last 3 months, i3 Verticals has an average price target of $26.0 with a high ...Full story available on Benzinga.com