Lake Street Lowers Identiv, Inc. Rating to Hold
Lake Street analyst Jaeson Schmidt downgrades Identiv, Inc. to hold with a $4 price target, a 53.85% upside from the current price.
Key Points
- Lake Street's analyst Jaeson Schmidt downgraded Identiv, Inc. to a hold rating with a $4 price target on June 25, 2026.
- Lake Street's $4 price target implies 53.85% upside from Identiv, Inc.'s ($INVE) current $2.60 share price.
- Identiv shares traded near $2.56 on Friday with a $60 million market cap and no meaningful P/E ratio due to lack of profitability.
- Recent insider selling by executives includes CEO Kirsten Newquist selling 77,532 shares at $3.17 on March 2, 2026.
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Lake Street analyst Jaeson Schmidt downgraded Identiv, Inc. (NasdaqCM: INVE) to a hold rating, setting a new price target of $4 on June 25, 2026. This adjustment comes as Identiv's stock traded near $2.56 on Friday.
Identiv, Inc. Stock Down 5.8%
Shares of NasdaqCM:INVE traded near $2.56 on Friday. Identiv, Inc. has a market capitalization of approximately $60 million. The company currently lacks a meaningful P/E ratio as it is not profitable, with an EPS of -$0.73. The stock has a 52-week range between $2.43 and $5.30, with a 50-day moving average of $4.16 and a 200-day moving average of $3.68. The company maintains a strong current ratio of 14.87 and a quick ratio of 13.67, reflecting solid liquidity.
$INVE price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Identiv, Inc.
Recent insider activity at Identiv, Inc. includes several sales by executives. On March 2, 2026, CEO Kirsten Newquist sold 77,532 shares at an average price of $3.17. Additionally, Newquist purchased 150,000 shares, although the price was not disclosed. CFO and Secretary Edward Kirnbauer sold 1,133 shares at $4.05 on June 1, 2026.
Analysts Set New Price Targets
On June 25, 2026, Lake Street downgraded Identiv, Inc. to a hold rating with a $4 price target. Previously, on May 14, 2026, Lake Street maintained a buy rating with a $6 target. Craig-Hallum also maintained a buy rating with a $7 target on the same date. The consensus among analysts is a target mean price of $4.37, with three analysts providing opinions.
About Identiv, Inc.
Identiv, Inc. is a company that designs and produces specialty Internet of Things (IoT) products. Headquartered in Santa Ana, California, the company offers devices such as RFID tags and IoT products that are used in various industries, including pharmaceuticals, consumer electronics, and luxury goods. Led by CEO Kirsten F. Newquist, Identiv serves customers across the United States, Europe, the Middle East, and the Asia-Pacific region.
Bottom Line
Lake Street's downgrade of Identiv, Inc. to a hold rating with a $4 price target reflects a reassessment of the company's current market conditions. Investors often track analyst ratings for insights into potential stock performance. Remember, these ratings are based on past data and may not represent future performance.
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