NEAR INTELLIGENCE INC (NIR) Forecast, Price Target & Analyst Ratings

NASDAQ:NIR • US6394941032

0.033 USD
-0.03 (-44.07%)
At close: Dec 18, 2023
0.0289 USD
0 (-12.42%)
After Hours: 12/18/2023, 8:15:10 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NEAR INTELLIGENCE INC (NIR).

Forecast Snapshot

Consensus Price Target

Price Target
$3.57
+ 10,718.18% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateMar 26, 2024
PeriodQ3 / 2023
EPS Estimate-$0.33
Revenue Estimate20.301M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$3.57
Upside
+ 10,718.18%
From current price of $0.03 to mean target of $3.57, Based on 6 analyst forecasts
Low
$2.02
Median
$3.57
High
$5.25

Price Target Revisions

1 Month
0.00%
3 Months
-22.22%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for NIR. The average price target is 3.57 USD. This implies a price increase of 10718.18% is expected in the next year compared to the current price of 0.033.
The average price target has been revised downward by 22.22% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NIR Current Analyst RatingNIR Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

NIR Historical Analyst RatingsNIR Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -6 -5 -4 -3 -2 -1 0 1 2 3 4 5

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
NIR was analyzed by 6 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about NIR.
In the previous month the buy percentage consensus was at a similar level.
NIR was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-07-07BenchmarkInitiate Speculative Buy
2023-05-31Northland Capital MarketsInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release DateMar 26, 2024
PeriodQ3 / 2023
EPS Estimate-$0.33
Revenue Estimate20.301M
Revenue Q2Q30.39%
EPS Q2QN/A
Number of Analysts2

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
2.09%
EPS (1 Month)
0.00%
EPS (3 Months)
-8.20%

Next Earnings Summary

NIR is expected to report earnings on 3/26/2024. The consensus EPS estimate for the next earnings is -0.33 USD and the consensus revenue estimate is 20.30M USD.
The next earnings revenue estimate has been revised upward by 2.09% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024
Revenue
YoY % growth
NIR revenue by date.NIR revenue by date.
12.8M45.32M
254.06%
59.75M
31.84%
75.972M
27.15%
97.32M
28.10%
EBITDA
YoY % growth
NIR ebitda by date.NIR ebitda by date.
-22M-9.45M
57.05%
-83.54M
-784.02%
-33.96M
59.35%
-18.521M
45.46%
EBIT
YoY % growth
NIR ebit by date.NIR ebit by date.
-22.11M-17.68M
20.04%
-93.36M
-428.05%
-50.488M
45.92%
-16.135M
68.04%
Operating Margin
NIR operating margin by date.NIR operating margin by date.
-172.73%-39.01%-156.25%-66.46%-16.58%
EPS
YoY % growth
NIR eps by date.NIR eps by date.
N/AN/AN/A-1.66-0.86
48.17%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth
-0.33-0.30-0.15-0.14
25.58%
-0.14
57.58%
-0.13
56.67%
Revenue
Q2Q % growth
20.301M
30.39%
22.119M
44.76%
22.195M
43.10%
23.305M
31.59%
24.47M
20.54%
25.791M
16.60%
EBITDA
Q2Q % growth
-10.504M
-503.68%
-9.696M
-1,516.00%
-349.46K
98.22%
-76.76K
99.28%
11.11K
100.11%
440.36K
104.54%
EBIT
Q2Q % growth
-10.861M
-22.58%
-3.542M
66.01%
-4.389M
80.35%
-4.117M
74.41%
-4.029M
62.90%
-3.6M
-1.63%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

NIR Yearly Revenue VS EstimatesNIR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 20M 40M 60M 80M
NIR Yearly EPS VS EstimatesNIR Yearly EPS VS EstimatesYearly EPS VS Estimates 2023 2024 -0.5 -1 -1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NEAR INTELLIGENCE INC / NIR Forecast FAQ

What is the price target for NIR stock?

6 analysts have analysed NIR and the average price target is 3.57 USD. This implies a price increase of 10718.18% is expected in the next year compared to the current price of 0.033.


What is the next earnings date for NIR stock?

NEAR INTELLIGENCE INC (NIR) will report earnings on 2024-03-26, after the market close.


Can you provide the consensus estimates for NEAR INTELLIGENCE INC next earnings?

The consensus EPS estimate for the next earnings of NEAR INTELLIGENCE INC (NIR) is -0.33 USD and the consensus revenue estimate is 20.30M USD.


How many analysts cover NEAR INTELLIGENCE INC (NIR) stock?

The number of analysts covering NEAR INTELLIGENCE INC (NIR) is 6.