VRME Should I Buy
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VerifyMe Inc (VRME) is not a strong buy at the moment for a beginner investor with a long-term focus. While there are some positive developments, such as the merger agreement with Open World and potential value creation in the digital asset space, the technical indicators and financial performance do not currently support a compelling entry point. The stock's recent price volatility and lack of strong trading signals suggest waiting for more clarity or better conditions.
The MACD is negative and expanding, indicating bearish momentum. The RSI is neutral at 36.195, and the moving averages are converging, showing no clear trend. The stock is trading near its pivot level of 1.079, with key resistance at 1.224 and support at 0.934. Overall, the technical indicators suggest a lack of strong upward momentum.
The merger agreement with Open World is a significant positive catalyst, potentially enhancing VerifyMe's position in the digital asset and tokenization space. Analysts have also highlighted the possibility of a sizable special dividend for shareholders.
The company has faced challenges, including a revenue decline of 7.40% YoY in Q3 2025 and ongoing uncertainty in transitioning its proactive business to a new carrier partner. Additionally, the stock has a 50% chance of declining by -6.21% in the next day, based on similar candlestick patterns.
In Q3 2025, revenue dropped by 7.40% YoY to $5,033,000. However, net income improved by 38.45% YoY to -$3,356,000, and EPS increased by 13.04% YoY to -0.26. Gross margin also improved to 41.19%, up 18.12% YoY. While there are some positive trends, the overall financial performance remains weak.
Analysts maintain an Outperform rating, with Barrington recently raising the price target to $1.50 from $1. This reflects optimism about the merger with Open World and potential value creation in the digital asset space. However, past concerns about business uncertainty have led to prior target reductions.
