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

Core Insights - Intellicheck Inc (NASDAQ:IDN) is recognized as one of the best-performing micro-cap stocks in 2025, with H.C. Wainwright raising its price target from $6 to $8.50 while maintaining a Buy rating based on the company's growth in identity verification [1][3]. Group 1: Financial Performance - Intellicheck experienced a 14% revenue increase during the first nine months of 2025, attributed to a strategic shift away from struggling retail clients towards more stable sectors such as banking, title insurance, and automotive [3]. - In Q3 2025, Intellicheck reported revenue of $6.01 million, which is 28% higher than Q3 2024 and exceeded the expected $5.25 million [5]. - The company's earnings per share (EPS) also surpassed expectations, reporting a profit of $0.01 compared to a forecasted loss of $0.02 [5]. Group 2: Strategic Focus - The analysts noted that Intellicheck's pivot to stronger sectors has helped mitigate significant declines in retail sales, indicating that this strategic shift is yielding positive results [3]. - H.C. Wainwright highlighted the potential for significant revenue and reputational gains from the full rollout of a major customer contract, leading to an increase in 2026 revenue predictions and a rise in the valuation multiple from 4.0x to 6.0x [4]. Group 3: Company Overview - Intellicheck specializes in identity authentication and fraud prevention solutions, integrating its platform with point-of-sale systems, mobile devices, and online portals to verify government-issued IDs in real time [6].