Will irnt stock price drop/rise/fall?
Apr 13, 2022 · Analyzing IronNet (NYSE:IRNT) stock? View IRNT's stock price, price target, earnings, financials, forecast, insider trades, news, and SEC filings at MarketBeat.
What is the IronNet Inc (irnt) stock price/share price?
Apr 15, 2022 · If you are looking for stocks with good return, IronNet Inc stock can be a bad, high-risk 1-year investment option. IronNet Inc real time quote is equal to 3.250 USD at 2022-04-14, but your current investment may be devalued in the future. Join our VIP Community NOW - For only $1 Current Price: 3.250 USD
Are irnt shares a good investment for making money?
Sep 20, 2021 · On September 3, the stock surged over 26% and kept on going rising nearly 18% the next trading day. The stock saw numerous comments on social media and made it onto discussion pieces on CNBC. IRNT...
What happened to IronNet stock?
MCLEAN, Va., February 14, 2022--IronNet, Inc. (NYSE: IRNT) ("IronNet"), an innovative leader Transforming Cybersecurity Through Collective DefenseSM, today announced that it …
Is IRNT a good buy?
Valuation metrics show that IronNet, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of IRNT, demonstrate its potential to underperform the market.Dec 22, 2021
Is IronNet a buy?
IronNet has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Will Iron net stock go up?
The IronNet, Inc. stock price gained 6.19% on the last trading day (Wednesday, 13th Apr 2022), rising from $3.07 to $3.26....Predicted Opening Price for IronNet, Inc. of Thursday, April 14, 2022.Fair opening price April 14, 2022Current price$3.18$3.26 (Overvalued)
What is the short interest on IRNT?
Sign Up for a Forever Free Fintel AccountShort Interest1,669,651 shares - source: NYSEShort Interest Ratio1.43 Days to CoverShort Interest % Float4.08% - source: NYSE (short interest), Capital IQ (float)Off-Exchange Short Volume243,609 shares - source: FINRA (inc. Dark Pool volume)1 more row
Why is IronNet stock going down?
Why IronNet Shares Are Falling IronNet Inc (NYSE: IRNT) shares are trading lower after the company reported third-quarter sales results were lower year-over-year.
Why did iron net stock go up?
IronNet Inc. shares were up 21% to $4.23 in premarket trading Thursday after the company said it executed a multiyear contract with a Gulf Cooperation Council country, which is remaining anonymous to help protect its operational security.Feb 10, 2022
Is IRNT undervalued?
Is IronNet Inc Stock Undervalued? The current IronNet Inc [IRNT] share price is $3.07. The Score for IRNT is 9, which is 82% below its historic median score of 50, and infers higher risk than normal. IRNT is currently trading in the 0-10% percentile range relative to its historical Stock Score levels.
Where can I buy IRNT stock?
Brokerages & platform reviewsAcorns.Ally Invest.Betterment.Ellevest.Fidelity.LendingClub.Northwestern Mutual.Personal Capital.More items...
Is IronNet a buy right now?
4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IronNet in the last twelve months. There are currently 4 hold rat...
Are investors shorting IronNet?
IronNet saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,200,000 shares, an increase of 43.3%...
What price target have analysts set for IRNT?
4 analysts have issued 12-month price objectives for IronNet's shares. Their forecasts range from $4.25 to $29.00. On average, they expect IronNet'...
Who are some of IronNet's key competitors?
Some companies that are related to IronNet include Bakkt (BKKT) , Cerence (CRNC) , Sapiens International (SPNS) , Momo (MOMO) , Avid Technolog...
What is IronNet's stock symbol?
IronNet trades on the New York Stock Exchange (NYSE) under the ticker symbol "IRNT."
Who are IronNet's major shareholders?
IronNet's stock is owned by a variety of institutional and retail investors. Top institutional investors include Phoenix Holdings Ltd. (1.00%), Bla...
Which major investors are selling IronNet stock?
IRNT stock was sold by a variety of institutional investors in the last quarter, including Susquehanna International Group LLP, Woodline Partners L...
Which major investors are buying IronNet stock?
IRNT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Geode Capital Management LLC, Charl...
How do I buy shares of IronNet?
Shares of IRNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
IronNet Inc ( IRNT ) Stock Market info
Recommendations: Buy or sell IronNet stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the IronNet share forecasts, stock quote and buy / sell signals below. According to present data IronNet's IRNT shares and potentially its market environment have been in bearish cycle last 12 months (if exists).
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IRNT stock forecast
This stock is highly volatile and only in its infancy having launched on the market as recently as August. It is not a long-term investment potential in our view yet, as it is too early stage to do due diligence on. If you are trading this ticker be prepared to lose heavily as it is that volatile. Only risk what you can afford to lose.
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IronNet Expands Global Reach in Singapore with Addition of Leading Healthcare and Finance Customers
MCLEAN, Va., February 16, 2022--IronNet expands international footprint with a leading wealth management platform and a private healthcare service from Singapore becoming customers.
IronNet Announces Agreement with a Gulf Cooperation Council Country to Provide Collective Defense for Critical National Infrastructure
MCLEAN, Va., February 09, 2022--IronNet, Inc.
Recent Developments
Throughout the year 2021, IRNT has been entitled many well-known and distinguished awards. The most recent award received by the company is Product of the Year.
Product of the Year Award
On December 10, IRNT announced winning the 2021 Threat Detection Product of the Year at the Cyber Security Awards. Further, IRNT’s IronDome® Collective Defense platform was the one getting the recognition of Product of the Year. This marked the second consecutive year for IronNet winning the esteemed award.
What happened
One of the more up-and-down stocks in recent months, cybersecurity specialist IronNet (NYSE: IRNT) lost more than 19% of its value on Thursday. The culprit seems to be a new share issue announced that morning by the company.
So what
IronNet disclosed in a regulatory filing that it and certain selling shareholders are floating a multifaceted issue of common stock, in addition to warrants to purchase same.
Now what
IronNet wrote that it will use the monies "for general corporate purposes, including to fund potential future investments and acquisitions of companies that we believe are complementary to our business and consistent with our growth strategy." It didn't elaborate.
The Motley Fool
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community.
A Closer Look at IRNT Stock
Going back to the beginning, IRNT stock debuted on the New York Stock Exchange on Aug. 27 after IronNet completed a business combination with LGL Systems Acquisition Corp.
The Best Defense
The press release associated with the SPAC transaction states that IronNet addresses a market that’s expected to grow from $25 billion to $40 billion over the next three years.
A Timely Investment
There are many themes to characterize 2021, and cybersecurity is definitely one of them. As you may recall, the Colonial Pipeline was hit with a ransomware attack in May of this year.
The Bottom Line
The lesson here is that short squeezes can be powerful, but chasing stock-price run-ups can be hazardous.
Why has IronNet stock been dropping?
At the peak, IronNet’s valuations started to appear stretched. As is the case with other short squeezes that Reddit traders have managed to trigger, IRNT stock soon tumbled from the highs. The company’s second-quarter earnings, after which the stock rallied sharply, weren't as spectacular as the price action suggested.
IRNT stock on Reddit group WallStreetBets
Currently, IRNT stock is among the most popular stocks on Reddit group WallStreetBets. Although most Reddit traders saw the stock as an incredible investment opportunity earlier in September, most of them have a bearish view of the company now.
Is IronNet a good stock to buy?
A lot of IronNet’s revenues are in the form of recurring revenues and the gross margins are also impressive. IRNT stock looks like a good buy for the long term considering the cybersecurity industry's growth outlook.
Arbitrage between IRNT stock and warrants
The upcoming dilution is certainly a concern. One way to play that would be to buy the warrants instead of the stock. There's still some merger arbitrage between IronNet stock and the warrants. Investors can buy the warrants and get them converted into common stock later.
Will IronNet stock recover and go back up?
Investors should brace for more volatility over the short term. Reddit traders are pessimistic amid the impending dilution. However, the company would also receive some cash as the warrants get exercised, which would help it fund organic and inorganic growth.