H.C. Wainwright Raises Intellicheck (IDN) PT on Identity Verification Growth

Intellicheck Inc (NASDAQ:IDN) is one of the best performing micro cap stocks in 2025. On December 16, H.C. Wainwright increased its price target for Intellicheck Inc (NASDAQ:IDN) stock to $8.50 from $6. The firm maintained a Buy rating on the shares, and stated that the decision was based on Intellicheck’s promising growth path in identity verification.

Specifically, the analysts explained that target upgrade comes down to Intellicheck’s move away from struggling retail clients hit by high inflation and bankruptcies toward stronger areas like banking, title insurance, and automotive. These new focus areas, the analysts noted, have helped Intellicheck balance out big drops in retail sales. And as a result, Intellicheck saw a 14% rise in revenue during the first nine months of 2025. To the analysts, the shift is paying off and setting up for even better growth in 2026.

The analysts also highlighted significant revenue and reputational upside from fully rolling out a significant customer contract. This, and other new wins not yet in market forecasts, led H.C. Wainwright to boost Intellicheck’s 2026 revenue predictions and raise the valuation multiple to 6.0x from 4.0x.

H.C. Wainwright also pointed to Intellicheck’s Q3 2025 earnings as a bright point. The company’s revenue clocked $6.01 million. This is 28% higher than Q3 2024 and topped the expected $5.25 million. The EPS was also a beat; it came in at $0.01 instead of a forecasted $0.02 loss.

Intellicheck Inc. (NASDAQ:IDN) specializes in identity authentication and fraud prevention solutions. Its platform integrates with point-of-sale systems, mobile devices, and online portals to verify government-issued IDs in real time.

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Disclosure: None. This article is originally published at Insider Monkey.