
Data I/O (DAIO) Stock Forecast & Price Target
Data I/O (DAIO) Analyst Ratings
Bulls say
Data I/O Corp is positioned for significant revenue growth, with expectations of double-digit increases driven by the introduction of SentriX, which enhances the company's security offerings. The company is also forecasted to improve its recurring revenue metrics and expand both gross and operating margins, indicating a robust financial health. Furthermore, early signs of growth based on first-quarter revenue performance suggest a favorable industry landscape that could generate substantial value for shareholders.
Bears say
Data I/O Corp experienced a significant decline in its third-quarter results compared to the second quarter, reporting revenues of $5.9 million and an earnings per share (EPS) loss of ($0.08). The company faces headwinds from deteriorating economic and market conditions, which are expected to lead to lower sales and spending by customers, subsequently impacting its revenue streams negatively. Additionally, forecasts indicate a challenging recovery in 2024, with a projected revenue decline of 24% and continued small EPS losses, prompting a discounted valuation compared to its peer group.
This aggregate rating is based on analysts' research of Data I/O and is not a guaranteed prediction by Public.com or investment advice.
Data I/O (DAIO) Analyst Forecast & Price Prediction
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