With 7.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.46 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $40.1824 whereas the lowest price it dropped to was $38.99. The 52-week range on IOT shows that it touched its highest point at $61.90 and its lowest point at $31.40 during that stretch. It currently has a 1-year price target of $48.78. Beta for the stock currently stands at 1.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IOT was up-trending over the past week, with a rise of 1.40%, but this was down by -13.11% over a month. Three-month performance surged to 2.18% while six-month performance fell -12.67%. The stock lost -8.95% in the past year, while it has gained 27.70% so far this year. A look at the trailing 12-month EPS for IOT yields -0.22 with Next year EPS estimates of 0.51. For the next quarter, that number is 0.07. This implies an EPS growth rate of 56.68% for this year and 25.06% for next year. EPS is expected to grow by 35.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.16%.
Float and Shares Shorts:
At present, 299.75 million IOT shares are outstanding with a float of 242.81 million shares on hand for trading. On 2025-06-13, short shares totaled 16.72 million, which was 294.0 higher than short shares on 1747267200. In addition to Mr. Sanjit Biswas as the firm’s Co-Founder, CEO & Chairman, Mr. John Bicket serves as its Co-Founder, Executive VP, CTO & Director.
Institutional Ownership:
Through their ownership of 0.87387 of IOT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2025-05-03, IOT reported revenue of $366884000.0 and operating income of -$33255000.0. The EBITDA in the recently reported quarter was -$28113000.0 and diluted EPS was -$0.04.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IOT since 10 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IOT analysts setting a high price target of 60.0 and a low target of 38.0, the average target price over the next 12 months is 48.8. Based on these targets, IOT could surge 50.83% to reach the target high and fall by -4.47% to reach the target low. Reaching the average price target will result in a growth of 22.67% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.0642276 being high and $0.05258691 being low. For IOT, this leads to a yearly average estimate of $0.053523. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.1.
