i3 Verticals (IIIV) Stock Gets Fair Value Trim After Analysts Cut Targets

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The latest reset in the i3 Verticals story centers on price targets being set at US$30, while one fair value estimate shifts from US$28.50 to US$27.20, a trim of about 4.6% in the updated model. These adjustments align with Street research that maintains constructive ratings but reflects a more measured stance as analysts recalibrate their valuation frameworks. Read on to see what is changing in the narrative around i3 Verticals and how you can track those shifts over time.

Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value i3 Verticals.

What Wall Street Has Been Saying

🐂 Bullish Takeaways

• Benchmark and DA Davidson both keep Buy ratings on i3 Verticals, signaling that, even with reduced price targets, they still see support for the stock at current levels.

• DA Davidson highlights updated FY26 total revenue and adjusted EBITDA guidance as the basis for its refreshed model, suggesting the firm continues to view i3 Verticals as an ongoing growth story, even with more conservative assumptions.

🐻 Bearish Takeaways

• Benchmark cut its i3 Verticals price target to US$30 from US$39, and DA Davidson moved to the same US$30 level from US$35, indicating a reset in what these analysts consider a reasonable valuation range.

• DA Davidson notes that management trimmed the midpoints of FY26 total revenue and adjusted EBITDA guidance by 1% to 2%, pointing to lower non recurring professional services revenue, which highlights execution risk around less predictable parts of the business model.

Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!

See how i3 Verticals' fair value stacks up across multiple valuation models — not just analyst targets.

How This Changes the Fair Value For i3 Verticals

• Fair value moved from US$28.50 to US$27.20, a reduction of about 4.6% in the updated model.

• Revenue growth forecast is 8.01%, compared with the previous 8.01% assumption.

• Net profit margin assumption was updated from 5.51% to 5.67%.

• Future P/E multiple moved from 36.78x to 34.10x.

• The discount rate was adjusted from 9.04% to 9.00%.

Never Miss an Update: Follow The Narrative

Narratives connect i3 Verticals' business story to analyst forecasts and fair value estimates, so you can see how product decisions, guidance and capital allocation fit together. They update as new data, guidance and research come through, keeping the underlying thesis current.