Identiv (INVE) AI Stock Analysis

• Market Cap: $89.91M
• Dividend Yield: N/A
• Average Volume (3M): 32.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.28
• Revenue Growth: -73.87%
• EPS Growth: -115.50%
• Country: US
• Employees: 166
• Sector: Industrials
• Sector Strength: 72
• Industry: Computer Hardware
• EPS (TTM): -0.26
• Shares Outstanding: 23,721,827
• 10 Day Avg. Volume: 28,985
• 30 Day Avg. Volume: 32,704
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 3.24
• P/FCF Ratio: -5.10
• Enterprise Value/Market Cap: -0.56
• Enterprise Value/Revenue: -2.15
• Enterprise Value/Gross Profit: 45.94
• Enterprise Value/Ebitda: 2.23
• 1Y Price Target: $5.00
• Price Target Upside: 32.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.91
• Revenue Forecast (FY): $20.57M

• Rating: 48 Neutral
• Price Target: $3.50 ▼(-7.41% Downside)

Identiv's overall stock score reflects mixed financial performance and valuation concerns. The company's strong equity position and strategic initiatives are positive, but operational inefficiencies and a negative P/E ratio are significant drawbacks. Technical indicators suggest a neutral market stance.

Positive Factors

Strategic Partnerships

The partnership with IFCO represents a significant volume opportunity, potentially driving long-term growth and market expansion in the grocery supply chain sector.

Production Cost Optimization

Shifting production to Thailand is expected to reduce costs and expand gross margins, enhancing long-term profitability and competitive positioning.

Strong Cash Position

A strong cash position provides financial stability and flexibility, enabling Identiv to invest in growth opportunities and weather economic fluctuations.

Negative Factors

Revenue Decline

Declining revenue indicates potential market challenges and competitive pressures, which could impact long-term growth and market share.

Negative Gross Margin

Negative gross margins highlight cost management challenges, which could affect profitability and require strategic adjustments to improve operational efficiency.

Competitive and Tariff Pressures

Competitive pressures and tariffs could increase costs and reduce market competitiveness, impacting Identiv's ability to maintain margins and market position.

Identiv Business Overview & Revenue Model

Company Description

Identiv, Inc. operates as a security technology company that secures things, data, and physical places in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Identity and Premises. The Identity segment offers products and solutions that enables secure access to information serving the logical access and cyber security markets, as well as protecting connected objects and information using radio-frequency identification embedded security. The Premises segment provides solutions for premises security market, such as access control, video surveillance, analytics, audio, access readers, and identities to government facilities, schools, utilities, hospitals, stores, apartment buildings, and shops. The company sells its products through dealers, systems integrators, value added resellers, and resellers. The company was formerly known as Identive Group, Inc. and changed its name to Identiv, Inc. in May 2014. Identiv, Inc. was founded in 1990 and is headquartered in Fremont, California.

How the Company Makes Money

Identiv generates revenue through multiple channels, primarily through the sale of its physical security products such as RFID tags and readers, smart cards, and biometric identification systems. The company also earns income from providing software solutions and services related to identity management and access control. Key revenue streams include direct sales to end-users, partnerships with system integrators and distributors, and recurring revenue from maintenance and support services. Additionally, Identiv has formed strategic alliances with technology firms and security service providers, enhancing its market reach and contributing to its earnings through collaborative projects and integrated solutions.

Identiv Financial Statement Overview

Summary

Identiv's financial performance is mixed, with a strong equity position and low leverage but challenges in revenue growth and cash flow management. The positive net profit margin is overshadowed by negative gross and EBIT margins, indicating operational inefficiencies.

Income Statement

Identiv's income statement shows a mixed performance. The TTM data indicates a negative gross profit margin and EBIT margin, suggesting challenges in cost management and operational efficiency. However, the net profit margin is positive due to a significant net income figure, which may be influenced by non-operational factors. Revenue growth has been declining, indicating potential market challenges or competitive pressures.

Balance Sheet

The balance sheet reflects a strong equity position with a low debt-to-equity ratio, indicating financial stability and low leverage risk. Return on equity is positive in the TTM, showing improved profitability relative to equity. However, the equity ratio has been declining, suggesting a need to monitor asset management and equity utilization.

Cash Flow

Cash flow analysis reveals negative operating and free cash flows in the TTM, highlighting liquidity challenges. The free cash flow to net income ratio is positive, suggesting that cash flow issues may not be entirely due to operational inefficiencies. However, the negative operating cash flow to net income ratio indicates potential sustainability concerns if cash flow does not improve.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.54M	26.63M	43.45M	112.92M	103.77M	86.92M
Gross Profit	-1.10M	340.00K	6.01M	40.94M	37.07M	33.68M
EBITDA	-22.64M	-24.55M	-2.17M	2.12M	4.10M	-257.00K
Net Income	74.76M	74.82M	-5.49M	-392.00K	1.62M	-5.11M
Balance Sheet
Total Assets	153.88M	163.22M	109.72M	102.77M	96.66M	78.68M
Cash, Cash Equivalents and Short-Term Investments	129.34M	135.65M	23.31M	16.65M	28.55M	11.41M
Total Debt	1.69M	2.02M	15.38M	4.56M	2.21M	23.64M
Total Liabilities	7.46M	9.16M	35.45M	27.37M	22.15M	44.49M
Stockholders Equity	146.41M	154.07M	74.27M	75.39M	74.51M	34.19M
Cash Flow
Free Cash Flow	-21.80M	-16.93M	-3.13M	-11.71M	-859.00K	-3.33M
Operating Cash Flow	-19.99M	-15.43M	1.16M	-7.81M	1.23M	-1.77M
Investing Cash Flow	141.31M	141.49M	-4.15M	-3.87M	-1.48M	-1.56M
Financing Cash Flow	-11.33M	-13.63M	10.07M	-1.04M	19.34M	4.85M

Identiv Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.78
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INVE, the sentiment is Neutral. The current price of 3.78 is below the 20-day moving average (MA) of 3.81, above the 50-day MA of 3.72, and above the 200-day MA of 3.46, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 49.72 is Neutral, neither overbought nor oversold. The STOCH value of 39.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for INVE.

Identiv Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
TACT	52 Neutral	$43.60M	-5.01	-24.73%	―	-9.09%	-1586.89%
OSS	49 Neutral	$141.00M	―	-24.26%	―	14.33%	36.97%
INVE	48 Neutral	$89.91M	―	-23.11%	―	-73.87%	-115.50%
ALOT	47 Neutral	$69.05M	-4.01	-20.27%	―	0.63%	-364.33%
QMCO	42 Neutral	$107.22M	―	―	―	-8.07%	-86.20%
UAVS	38 Underperform	$55.81M	-0.08	-164.37%	―	1.90%	93.50%

Identiv Corporate Events

Identive Group’s Earnings Call: Strategic Moves Amid Financial Challenges

The recent earnings call for Identive Group painted a mixed picture, highlighting both strategic advancements and financial challenges. While the company announced promising partnerships and operational transitions, it also faced declining revenue, negative margins, and macroeconomic pressures that could impact future performance.

Identive Group Faces Financial Strain Amid 19% Tariff on Thai Imports

The Identive Group faces significant risks due to changes in U.S. trade policy, particularly the imposition of a 19% tariff on imports from Thailand, which affects 25% of their business. This development could increase costs and negatively impact their revenue and gross margin if they fail to offset these costs through strategies such as leveraging exemptions or optimizing their supply chain. Additionally, retaliatory measures by other countries could further elevate product prices and reduce demand, exacerbating financial pressures. The unpredictability of trade policy changes complicates risk management, potentially leading to adverse effects on their business operations and financial stability.

Identiv’s Q2 2025 Results Highlight Strategic Shifts

Identiv, Inc. is a global leader in RFID- and BLE-enabled Internet of Things (IoT) solutions, enhancing connectivity across various industries such as healthcare, consumer electronics, and smart packaging. The company recently released its financial results for the second quarter of 2025, highlighting strategic partnerships and operational transitions. Despite a decrease in revenue to $5.0 million from $6.7 million in the previous year, Identiv focused on exiting lower-margin businesses and transitioning production to a new facility in Thailand, which impacted gross margins. Operating expenses decreased due to reduced strategic review-related costs, while the net loss from continuing operations improved slightly compared to the previous year. Identiv also announced a new Chief Financial Officer, Ed Kirnbauer, to steer its financial strategies. Looking forward, Identiv expects third-quarter revenue to range between $4.8 million and $5.2 million, reflecting ongoing adjustments and strategic initiatives.

Identiv Appoints Ed Kirnbauer as New CFO

Identiv announced the appointment of Ed Kirnbauer as Chief Financial Officer effective August 4, 2025, following his role as Acting CFO since July 2025. The company also reported its second quarter 2025 financial results, showing a decrease in revenue and gross margins compared to the previous year, attributed to strategic transitions and reduced sales. Identiv’s strategic partnerships and innovative solutions are expected to create value for stakeholders despite the financial challenges.

The most recent analyst rating on (INVE) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on Identiv stock, see the INVE Stock Forecast page.