INPX Inpixon Stock Forecast 2023
Inpixon INPX Stock Forecast 2023: Latest Price
Article Coverage: About the Company, Latest INPX News, Analyst Forecasts, Aggregated Forecasts, INPX Latest Production Update, Reasons to Buy or Sell INPX Stock, FAQs and Other detailed analysis.
Inpixon (INPX) is a technology company that provides location-based intelligence solutions. The company’s stock is traded on the Nasdaq Stock Exchange. INPX stock was first listed on the Nasdaq on February 1, 2013. The company’s ticker symbol is INPX.
INPX Stock Forecast 2023
The average INPX Stock Forecast for the next 12 Months is $2
| Average INPX Stock Forecast for the next 12 Months | $2 |
| Canaccord Genuity | $2 |
| BTIG | $1.5 |
| H.C. Wainwright | $3 |
INPX Inpixon Stock Forecast Today
| Overall Outlook | Neutral |
| 1. Market's Wisdom | Partially Bearish |
| 1a. Market Data | Bearish |
| 1b. Technical Recommendation | Buy |
| 2. Crowd's Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | N/A |
Inpixon INPX Earnings
Q2, 2023 Earnings
Inpixon announced its Q2 2023 financial results on August 14, 2023, and provided a business update. The company has entered into a merger agreement with XTI Aircraft and expects to complete it by the fourth quarter of 2023.
Key Financial Figures:
- Q2 2023 Revenues: $2.1 million (down from $2.6 million in Q2 2022).
- Gross profit margin for Q2 2023: 81% (compared to 67% in Q2 2022).
- Operating expenses for Q2 2023: $8.3 million (compared to $11.1 million in Q2 2022).
- Net loss from continuing operations for Q2 2023: $7.33 million (compared to $8.97 million in Q2 2022).
- Cash and cash equivalents as of June 30, 2023: $15.7 million.
| (USD) | June 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
| Revenue | 2.05M | 3.1M | 5.28M | 4.18M |
| Net income | -6.96M | -16.87M | -14.72M | -17.59M |
| Diluted EPS | – | – | -4.8 | -10.21 |
| Net profit margin | -338.65% | -543.59% | -278.52% | -421.14% |
| Operating income | -6.09M | -6.62M | -11.57M | -10.39M |
| Net change in cash | 427K | -4.98M | -42.92M | -2.6M |
| Cost of revenue | 390K | 791K | 1.45M | 1.26M |
INPX Stock Forecast: Is INPX a good stock to buy?
Inpixon is developing a number of new products and services that could be disruptive to the location-based intelligence market. These include its Chirp RTLS technology, which provides precise location tracking and real-time data insights, and its VLCA aircraft, which could be used for a variety of applications, such as cargo transportation and emergency response.
The location-based intelligence market is expected to grow significantly in the coming years. This is due to the increasing adoption of IoT devices and the growing demand for real-time data insights. Inpixon is well-positioned to capitalize on this growth.
Whether or not INPX is a good stock to buy depends on your individual investment goals and risk tolerance.
INPX Prediction 2024: Reasons Not to Buy INPX Stock
Inpixon has reported losses in each of the past three years. The company has been working to improve its financial performance, but it is not clear when it will be profitable.
INPX stock has been volatile in recent years. This is due to a number of factors, including the company’s financial performance and the overall market conditions.
Inpixon’s products and services are not yet widely adopted by businesses. This could be a risk factor if the company is unable to gain traction in the market.
The location-based intelligence market is a competitive market. Inpixon faces competition from a number of well-established companies, such as Cisco and Zebra Technologies.
INPX Stock Price Prediction: How High Will INPX Go in 2024?
The location-based intelligence market is expected to grow significantly in the coming years. This growth could drive up the demand for Inpixon’s products and services, which could lead to a higher stock price.
If Inpixon is able to gain traction in the market and its products and services are widely adopted by businesses, this could lead to a higher stock price.
There are a number of different price predictions for INPX stock in 2024. Some analysts believe that the stock could reach $10 per share, while others believe that it could fall to $0.10 per share.
INPX Stock Forecast: Will INPX Break above $10 in 2024?
Whether or not INPX will break above $10 in 2024 is uncertain. There are a number of factors that could contribute to the stock price rising, but there are also some risks that could contribute to the stock price falling.
According to the analysts you mentioned, the price of INPX stock could reach $10 in 2024. However, it is important to note that these are just predictions, and the actual price of INPX stock in 2024 could be higher or lower.
Overall, there are both risks and rewards to consider before investing in INPX stock in 2024.
INPX Stock Forecast: Frequently Asked Questions (FAQ)
Should I buy INPX Stock Now?
Whether or not you should buy INPX stock now is a decision that only you can make. There are a number of factors to consider, including your individual investment goals and risk tolerance.
- The company’s financial performance.
- The growth of the location-based intelligence market.
- The adoption of Inpixon’s products and services by businesses.
- The risks associated with investing in INPX stock.
How much will INPX Stock Be Worth in 10 Years?
The value of Inpixon (INPX) stock in 2033 is uncertain. There are a number of factors that could affect the stock price, including the company’s financial performance, the growth of the location-based intelligence market, and the adoption of Inpixon’s products and services by businesses.
Some analysts believe that the stock could reach $10 per share in 2033, while others believe that it could fall to $0.10 per share. It is important to note that these are just predictions, and the actual price of INPX stock in 2033 could be higher or lower.
Will INPX Stock go up?
Whether or not INPX stock will go up is uncertain. There are a number of factors that could affect the stock price, including the company’s financial performance, the growth of the location-based intelligence market, and the adoption of Inpixon’s products and services by businesses.
What is the best time to invest in INPX stock?
There is no one-size-fits-all answer to this question, as the best time to invest in INPX stock will vary depending on your individual investment goals and risk tolerance. However, there are a few things to keep in mind when considering when to invest in INPX stock.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
