Tearsheet

Intellicheck (IDN)


Market Price (4/23/2026): $9.07 | Market Cap: $183.4 Mil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Intellicheck (IDN)


Market Price (4/23/2026): $9.07
Market Cap: $183.4 Mil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%

Megatrend and thematic drivers
Megatrends include Cybersecurity, Fintech & Digital Payments, and AI in Financial Services. Themes include Identity Management, Show more.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 167x, P/EPrice/Earnings or Price/(Net Income) is 143x

Stock price has recently run up significantly
12M Rtn12 month market price return is 275%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 68%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.5%

Key risks
IDN key risks include [1] significant customer concentration, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%
1 Megatrend and thematic drivers
Megatrends include Cybersecurity, Fintech & Digital Payments, and AI in Financial Services. Themes include Identity Management, Show more.
2 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 167x, P/EPrice/Earnings or Price/(Net Income) is 143x
4 Stock price has recently run up significantly
12M Rtn12 month market price return is 275%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 68%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.5%
7 Key risks
IDN key risks include [1] significant customer concentration, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Intellicheck (IDN) stock has gained about 35% since 12/31/2025 because of the following key factors:

1. Strong Q4 2025 Financial Performance and Full-Year Profitability: Intellicheck reported robust financial results for the fourth quarter and full year ended December 31, 2025. The company posted an Earnings Per Share (EPS) of $0.08 for Q4 2025, significantly exceeding analyst estimates of $0.03 by 166.67%. Furthermore, total revenue for Q4 2025 reached a record $6.635 million, surpassing projections of $6.2 million. For the full year 2025, Intellicheck achieved GAAP operating profitability for the first time in its history, with a net income of $1.3 million, marking a substantial turnaround from a net loss of $918,000 in 2024.

2. Sustained Revenue Growth and High Gross Margins: The company demonstrated continued top-line expansion, with full-year 2025 total revenue growing 13% year-over-year to $22.666 million. Critically, SaaS revenue constituted 99% of total revenue for the full year, indicating a strong recurring revenue model. Gross margins remained high at 91.4% in Q4 2025 and approximately 90% for the full fiscal year 2025.

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Stock Movement Drivers

Fundamental Drivers

The 34.6% change in IDN stock from 12/31/2025 to 4/22/2026 was primarily driven by a 490.3% change in the company's Net Income Margin (%).
(LTM values as of)123120254222026Change
Stock Price ($)6.688.9934.6%
Change Contribution By: 
Total Revenues ($ Mil)22233.2%
Net Income Margin (%)1.0%5.6%490.3%
P/E Multiple643.6142.8-77.8%
Shares Outstanding (Mil)2020-0.4%
Cumulative Contribution34.6%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/22/2026
ReturnCorrelation
IDN34.6% 
Market (SPY)-5.4%15.5%
Sector (XLK)9.8%22.6%

Fundamental Drivers

The 72.9% change in IDN stock from 9/30/2025 to 4/22/2026 was primarily driven by a 61.0% change in the company's P/S Multiple.
(LTM values as of)93020254222026Change
Stock Price ($)5.208.9972.9%
Change Contribution By: 
Total Revenues ($ Mil)21239.7%
P/S Multiple5.08.061.0%
Shares Outstanding (Mil)2020-2.1%
Cumulative Contribution72.9%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/22/2026
ReturnCorrelation
IDN72.9% 
Market (SPY)-2.9%-2.5%
Sector (XLK)12.3%6.2%

Fundamental Drivers

The 196.7% change in IDN stock from 3/31/2025 to 4/22/2026 was primarily driven by a 167.6% change in the company's P/S Multiple.
(LTM values as of)33120254222026Change
Stock Price ($)3.038.99196.7%
Change Contribution By: 
Total Revenues ($ Mil)202313.3%
P/S Multiple3.08.0167.6%
Shares Outstanding (Mil)2020-2.2%
Cumulative Contribution196.7%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/22/2026
ReturnCorrelation
IDN196.7% 
Market (SPY)16.3%24.8%
Sector (XLK)53.8%23.2%

Fundamental Drivers

The 259.6% change in IDN stock from 3/31/2023 to 4/22/2026 was primarily driven by a 170.4% change in the company's P/S Multiple.
(LTM values as of)33120234222026Change
Stock Price ($)2.508.99259.6%
Change Contribution By: 
Total Revenues ($ Mil)162342.0%
P/S Multiple3.08.0170.4%
Shares Outstanding (Mil)1920-6.3%
Cumulative Contribution259.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/22/2026
ReturnCorrelation
IDN259.6% 
Market (SPY)63.3%17.3%
Sector (XLK)113.5%17.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
IDN Return-59%-57%-5%47%139%30%-24%
Peers Return-21%-46%3%14%12%16%-34%
S&P 500 Return27%-19%24%23%16%3%88%

Monthly Win Rates [3]
IDN Win Rate50%33%67%33%50%50% 
Peers Win Rate46%32%42%50%47%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
IDN Max Drawdown-59%-69%-18%-12%-19%-30% 
Peers Max Drawdown-32%-60%-31%-27%-27%-18% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MITK, OSPN, YOU, TLS, OKTA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/22/2026 (YTD)

How Low Can It Go

Unique KeyEventIDNS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-90.5%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven949.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-79.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven381.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven227 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-61.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven162.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven419 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-92.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven1174.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1,480 days

Compare to MITK, OSPN, YOU, TLS, OKTA

In The Past

Intellicheck's stock fell -90.5% during the 2022 Inflation Shock from a high on 2/8/2021. A -90.5% loss requires a 949.7% gain to breakeven.

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About Intellicheck (IDN)

Intellicheck, Inc., a technology company, develops, integrates, and markets threat identification and identity authentication solutions for bank and retail fraud prevention, law enforcement threat identification, and mobile and handheld access control and security systems primarily in the United States. It provides identity systems products, including commercial identification products, such as Intellicheck Platform, an identity solution that checks whether an ID is valid, matches the ID to the person presenting it, and provides a risk score to determine the risk of doing business with that person; IDN-Portal that provides the ability to scan an ID using a mobile phone; IDN-Portal+ that uses a retail scanner to validate an ID, and get additional data for analytics and analysis; IDN-Direct that provides access to additional data and the ability to use the platform's Risk Score capability to help with decision-making; and Intellicheck mobile app, which provides the ability to login and scan an ID. The company also offers State Aware Software solution, which provides or restricts information that is electronically scanned from an ID based on the electronic reading laws according to the state in which the ID is scanned; data collection devices that enable its software applications to be used on a variety of commercially available credit card terminals, PDAs, tablets, laptops, desktops, mobile phones, and point-of-sale terminals; and instant credit application kiosk software applications. It serves government, military, and commercial markets. The company was formerly known as Intellicheck Mobilisa, Inc. and changed its name to Intellicheck, Inc. in May 2017. Intellicheck, Inc. was incorporated in 1994 and is headquartered in Melville, New York.

AI Analysis | Feedback

1. Onfido or Veriff for authenticating physical IDs.

2. A FICO score, but for the real-time validity and risk of a physical ID.

AI Analysis | Feedback

  • Intellicheck Platform: A core identity solution that validates IDs, matches the ID to the presenter, and generates a risk score.
  • IDN-Portal: A mobile phone-based solution for scanning and validating IDs.
  • IDN-Portal+: Utilizes retail scanners to validate IDs and gather additional data for analytics.
  • IDN-Direct: Provides access to additional data and the platform's Risk Score capability for enhanced decision-making.
  • Intellicheck Mobile App: An application that allows users to log in and scan IDs for verification.
  • State Aware Software Solution: Software that dynamically restricts or provides information scanned from an ID based on relevant state electronic reading laws.
  • Instant Credit Application Kiosk Software Applications: Software designed for kiosks to process instant credit applications.

AI Analysis | Feedback

Intellicheck (IDN) primarily sells its identity authentication and threat identification solutions to other companies and organizations, rather than individuals. Based on the provided background information, specific customer company names are not detailed. However, its major customers can be identified by the categories of markets and organizations it serves:

  • Commercial Market: This includes financial institutions (banks) and retail companies, for whom Intellicheck provides solutions for fraud prevention and identity authentication.
  • Government Agencies: Such as law enforcement, for whom Intellicheck offers threat identification and mobile/handheld access control and security systems.
  • Military Organizations: For whom Intellicheck develops and integrates mobile and handheld access control and security systems.

AI Analysis | Feedback

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AI Analysis | Feedback

Bryan Lewis

President & CEO

Bryan Lewis has over 30 years of global leadership experience in the financial services and financial technology sectors. He is known for his ability to scale both high-growth and underperforming companies to create shareholder value. Prior to joining Intellicheck, Mr. Lewis served as Chief Operating Officer at Third Bridge, Inc., where he significantly grew the company's employee base and revenue. He also held senior leadership positions at BondDesk (which was sold to TradeWeb), TheMarkets.com (which was sold to Capital IQ), Reuters, Barra (which was sold to MSCI), and Bloomberg. He began his career as a bond trader.

Adam Sragovicz

Chief Financial Officer

Adam Sragovicz joined Intellicheck as a senior financial executive on August 1, 2024, and assumed the role of Chief Financial Officer on September 1, 2024, following the departure of Jeffrey Ishmael. Mr. Sragovicz is an experienced executive leader with extensive expertise in operational and financial performance, and he has a strong background in financial planning and analysis, holding numerous financial leadership positions.

Jonathan Robins

Chief Technology Officer

Jonathan Robins was promoted to Chief Technology Officer at Intellicheck.

David Jurgens

Head of Channel and Technology Alliances

David Jurgens was appointed as the Head of Channel and Technology Alliances at Intellicheck.

Sandra Bowers

Comptroller/Controller/Auditor

Sandra Bowers serves as the Comptroller/Controller/Auditor for Intellicheck.

AI Analysis | Feedback

Key Risks to Intellicheck (IDN)

  1. Regulatory and Legal Environment Changes: Intellicheck's business is highly susceptible to changes in state and federal laws regarding electronic reading of identification documents and data privacy. Their "State Aware Software solution" highlights their reliance on adapting to these laws. Stricter data privacy regulations, limitations on ID scanning practices, or shifts in legal interpretations could significantly impact their ability to operate or require substantial investments to maintain compliance, potentially affecting their market adoption and revenue streams.

  2. Technological Obsolescence and Intense Competition: The identity authentication and fraud prevention market is dynamic and highly competitive. Intellicheck's core technology, which primarily involves scanning physical IDs for validation and risk scoring, could face challenges from emerging technologies such as advanced biometrics, decentralized identity solutions, or more sophisticated AI-driven verification methods that do not rely on physical document scanning. Failure to innovate and adapt quickly to new technological advancements or to differentiate effectively from competitors could lead to a loss of market share.

  3. Dependence on the Integrity and Evolution of Underlying Identity Documents: Intellicheck's solutions rely on the security features and consistency of government-issued identification documents. Any widespread compromise in the integrity of these underlying documents (e.g., highly sophisticated counterfeit IDs that bypass current detection methods) or frequent changes to ID formats and security features by various state or federal issuing authorities would necessitate continuous updates and adaptations to Intellicheck's software, incurring costs and potentially impacting the reliability and effectiveness of their fraud prevention capabilities.

AI Analysis | Feedback

The widespread adoption of secure, interoperable digital identification solutions, such as mobile driver's licenses, that can be directly verified by systems without requiring the scanning of a physical identification document or reliance on a third-party service for physical ID attribute parsing and validation.

AI Analysis | Feedback

Intellicheck, Inc. (IDN) operates within several significant addressable markets, primarily in the United States, focusing on identity verification, fraud prevention, and access control solutions.

Identity Verification Market

The U.S. identity verification market, which includes solutions for authenticating identities, is a substantial addressable market for Intellicheck. This market was projected to reach USD 4.4 billion in 2025 and is expected to grow to USD 16.7 billion by 2034, at a compound annual growth rate (CAGR) of 15.9% (U.S. region). Another estimate valued the U.S. identity verification market at USD 4.34 billion in 2025, anticipating it to reach USD 8.16 billion by 2030, with a CAGR of 13.5%.

Fraud Prevention Market

Intellicheck's products for bank and retail fraud prevention tap into the broader U.S. fraud detection and prevention market. This market was valued at approximately USD 9.3 billion in 2024 and is projected to grow to approximately USD 24.3 billion by 2030, exhibiting a robust CAGR of 17.9% (U.S. region). Similarly, the U.S. fraud detection and prevention market size was estimated at USD 5.6 billion in 2024 and is expected to reach USD 13 billion by 2033, with a CAGR of 9.8%.

Access Control and Security Systems Market

The company's involvement in mobile and handheld access control and security systems aligns with the U.S. electronic access control system market. This market was valued at USD 3.1 billion in 2024 and is forecast to increase to USD 6.6 billion by 2032, demonstrating a CAGR of 10.1% (U.S. region). Specifically, the U.S. access control market, including mobile credentials, is estimated at USD 3.94 billion in 2026 and is projected to grow to USD 4.81 billion by 2031.

AI Analysis | Feedback

Intellicheck (NASDAQ: IDN) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

  1. Expansion into New Verticals and Customer Diversification: Intellicheck is strategically diversifying its client base beyond its traditional retail focus. The company is actively pursuing and securing new business in high-growth areas such as financial services (including regional banks and credit card issuers), title insurance, automotive dealerships, background checks, and logistics/shipping markets. This diversification aims to reduce seasonality and capitalize on new opportunities.
  2. Increased Adoption and Upselling within Existing Key Accounts: A significant driver of revenue growth is the expansion of services and increased transaction volumes from existing major clients. Intellicheck has reported success with a regional bank that began using its services across various departments and a leading bank and credit card issuer that expanded its transaction buckets. The company also focuses on securing multi-year contracts with existing clients.
  3. New Product Launches and Technology Enhancements: Continuous innovation and product development are central to Intellicheck's growth strategy. Recent developments include new OCR, desktop, and mobile SDK solutions, as well as the launch of a Windows desktop application for ID verification. The company has also completed a cloud-agnostic rearchitecture and API rewrite, which is expected to improve service outcomes, accelerate client integrations, and optimize cloud expenses.
  4. Strategic Partnerships and Channel Alliances: Intellicheck is expanding its reach through new channel partner programs and reseller strategies. These partnerships are crucial for accelerating growth and penetrating new markets more effectively.
  5. Robust Demand for Identity Verification and Fraud Prevention Solutions: The persistent and growing threat of identity fraud, including account takeover fraud and synthetic identity theft, creates a strong market demand for Intellicheck's solutions. The company's technology is designed to effectively combat these evolving fraud tactics, positioning it to benefit from the increasing need for real-time identity verification.

AI Analysis | Feedback

Capital Allocation Decisions (2021-2025) for Intellicheck (IDN)

Share Issuance

  • Intellicheck reported net proceeds from the issuance of common stock from the exercise of stock options of $47,000 for the year ended December 31, 2021.
  • The number of common shares issued and outstanding increased from 18,660,369 as of December 31, 2021, to 18,957,366 as of December 31, 2022.
  • Common shares issued and outstanding further increased to 19,354,335 as of December 31, 2023, and to 19,782,311 as of December 31, 2024.

Capital Expenditures

  • Capital expenditures for the year ended December 31, 2021, amounted to $662,000.
  • For the year ended December 31, 2022, capital expenditures were $192,000.
  • In the third quarter of 2025, Intellicheck invested $22,000 in capital expenditures.

Better Bets vs. Intellicheck (IDN)

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
Mkt Price8.9914.6111.7156.994.4978.7013.16
Mkt Cap0.20.70.45.60.314.00.6
Rev LTM231872439011652,919215
Op Inc LTM12650186-2515338
FCF LTM461503432186355
FCF 3Y Avg-13924275-1169432
CFO LTM563593723088461
CFO 3Y Avg04035298271538

Growth & Margins

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
Rev Chg LTM13.3%8.3%0.0%16.9%52.2%11.8%12.6%
Rev Chg 3Y Avg12.5%5.7%3.6%27.6%-2.1%16.3%9.1%
Rev Chg Q11.8%18.8%2.9%16.7%77.4%11.6%14.2%
QoQ Delta Rev Chg LTM3.2%3.9%0.7%4.0%14.1%2.8%3.5%
Op Inc Chg LTM191.9%200.8%1.7%51.4%49.6%342.9%121.6%
Op Inc Chg 3Y Avg94.5%434.8%181.3%226.2%17.1%156.8%169.1%
Op Mgn LTM4.8%13.8%20.6%20.7%-15.1%5.2%9.5%
Op Mgn 3Y Avg-4.4%6.4%12.0%13.3%-29.4%-5.8%1.0%
QoQ Delta Op Mgn LTM4.5%4.0%0.1%1.5%6.5%0.9%2.8%
CFO/Rev LTM20.0%33.6%24.4%41.3%18.3%30.3%27.4%
CFO/Rev 3Y Avg1.0%22.7%14.3%38.8%-1.5%27.2%18.5%
FCF/Rev LTM18.9%32.4%20.7%38.1%12.9%29.6%25.1%
FCF/Rev 3Y Avg-3.7%21.8%10.0%35.8%-11.1%26.4%15.9%

Valuation

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
Mkt Cap0.20.70.45.60.314.00.6
P/S8.03.61.86.22.04.84.2
P/Op Inc167.425.89.029.9-13.191.227.9
P/EBIT167.421.79.029.9-8.953.925.8
P/E142.841.36.251.1-9.059.446.2
P/CFO40.010.67.615.010.915.812.9
Total Yield0.7%2.4%16.2%3.6%-11.1%1.7%2.1%
Dividend Yield0.0%0.0%0.0%1.6%0.0%0.0%0.0%
FCF Yield 3Y Avg-2.9%7.7%3.7%10.5%-5.3%4.8%4.2%
D/E0.00.20.00.00.00.00.0
Net D/E-0.1-0.0-0.1-0.1-0.1-0.2-0.1

Returns

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
1M Rtn60.2%-0.6%7.9%6.6%2.3%-3.0%4.4%
3M Rtn49.6%44.8%0.0%66.4%-19.5%-11.5%22.4%
6M Rtn94.6%54.3%-24.0%77.2%-34.2%-9.6%22.3%
12M Rtn274.6%84.5%-15.4%126.6%74.0%-16.6%79.3%
3Y Rtn299.6%62.9%-28.0%145.9%118.0%3.6%90.4%
1M Excs Rtn51.8%-9.1%-0.5%-1.9%-6.2%-11.4%-4.0%
3M Excs Rtn45.8%41.0%-3.8%62.6%-23.3%-15.3%18.6%
6M Excs Rtn77.5%51.1%-28.6%75.7%-42.7%-16.9%17.1%
12M Excs Rtn252.5%51.9%-51.6%94.7%40.5%-53.3%46.2%
3Y Excs Rtn196.5%-13.3%-103.9%67.1%26.3%-70.7%6.5%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Software-as-a-Service (SaaS)19161396
Equipment00310
Other00000
Extended warranties on equipment   00
Non-recurring services   00
Other subscription and support services   01
Total191616118


Price Behavior

Price Behavior
Market Price$8.99 
Market Cap ($ Bil)0.2 
First Trading Date11/19/1999 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$5.99$5.65
DMA Trendupup
Distance from DMA50.0%59.1%
 3M1YR
Volatility78.8%78.5%
Downside Capture-0.39-0.32
Upside Capture199.10122.55
Correlation (SPY)13.3%6.4%
IDN Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.601.000.73-0.151.000.95
Up Beta0.421.701.750.891.321.22
Down Beta-2.40-2.66-1.92-2.470.790.98
Up Capture256%218%141%79%130%75%
Bmk +ve Days7162765139424
Stock +ve Days9172657116346
Down Capture22%177%181%78%73%90%
Bmk -ve Days12233358110323
Stock -ve Days13253769131368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IDN
IDN272.7%78.5%1.99-
Sector ETF (XLK)69.4%20.7%2.449.8%
Equity (SPY)26.7%12.5%1.777.5%
Gold (GLD)38.9%27.4%1.193.6%
Commodities (DBC)23.5%16.2%1.323.2%
Real Estate (VNQ)15.6%13.6%0.82-3.1%
Bitcoin (BTCUSD)-12.8%42.6%-0.2119.7%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IDN
IDN0.9%80.2%0.34-
Sector ETF (XLK)18.0%24.7%0.6522.5%
Equity (SPY)10.5%17.1%0.4821.6%
Gold (GLD)21.5%17.8%0.991.6%
Commodities (DBC)10.7%18.8%0.475.1%
Real Estate (VNQ)3.6%18.8%0.0910.6%
Bitcoin (BTCUSD)3.8%56.4%0.2912.6%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IDN
IDN18.1%81.8%0.56-
Sector ETF (XLK)23.0%24.3%0.8622.8%
Equity (SPY)13.8%17.9%0.6624.2%
Gold (GLD)13.9%15.9%0.732.4%
Commodities (DBC)8.1%17.6%0.387.9%
Real Estate (VNQ)5.4%20.7%0.2318.7%
Bitcoin (BTCUSD)68.1%66.9%1.0710.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 315202690.5%
Average Daily Volume0.7 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity20.2 Mil
Short % of Basic Shares1.5%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/19/202615.4%10.6%78.3%
11/12/202537.9%59.2%40.8%
8/12/2025-1.6%2.8%8.9%
5/13/20255.3%32.0%75.0%
11/13/2024-11.1%-10.4%9.6%
8/8/2024-28.4%-17.3%-28.4%
3/21/202474.9%98.9%75.4%
11/8/2023-14.5%-14.5%-11.5%
...
SUMMARY STATS   
# Positive9911
# Negative997
Median Positive5.6%10.6%18.6%
Median Negative-11.1%-11.0%-14.3%
Max Positive74.9%98.9%78.3%
Max Negative-28.4%-31.7%-35.6%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/19/202610-K
09/30/202511/12/202510-Q
06/30/202508/12/202510-Q
03/31/202505/13/202510-Q
12/31/202403/31/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/14/202410-Q
12/31/202304/01/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202203/28/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202206/17/202210-Q

Industry Resources

Technology Hardware, Storage & Peripherals Resources
The Verge
TechRadar
Tom’s Hardware
PCMag
CNET