
Data I/O (DAIO) Stock Forecast & Price Target
Data I/O (DAIO) Analyst Ratings
Bulls say
Data I/O Corp is well-positioned for strong revenue growth, with expectations of double-digit increases and a higher percentage of recurring revenue driven by the integration of SentriX for security enhancements. The company has reported positive indications of growth within the industry, supported by strong first-quarter revenue figures that suggest a favorable environment for creating shareholder value. Despite facing one-time costs related to a cybersecurity audit and a CFO transition, the firm has demonstrated improved margins in its core operations, underscoring its operational resilience and potential for profitability.
Bears say
Data I/O Corp reported a decline in 3Q results, posting revenues of $5.9 million and an EPS loss of ($0.08), indicating a negative trajectory from the previous quarter. The company's revenue is expected to face further challenges due to declining economic and market conditions, which may reduce customer spending and sales. Furthermore, despite the anticipated rebound in 2024, the company is still experiencing small EPS losses and is facing increased operational costs related to sales and marketing, leading to a cautious outlook on its financial stability.
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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