IIIV Overview

Implied Volatility in Options Market: i3 Verticals, Inc. (IIIV) has seen significant implied volatility in its January 16, 2026 $20.00 Call option, indicating that investors expect a substantial price movement in the stock, potentially due to an upcoming event.

Analyst Sentiment: The company currently holds a Zacks Rank #4 (Sell) in the Internet - Software industry, with no analysts increasing earnings estimates recently, leading to a downward revision of the consensus estimate from 29 cents to 26 cents per share.

Options Trading Strategy: High implied volatility may attract options traders looking to sell premium, as they anticipate that the stock will not move as much as expected by expiration, which is a common strategy to capture decay.

Investment Opportunities: Zacks Investment Research highlights potential high-reward trades, with previous recommendations yielding significant returns, and offers insights into stocks that may be undervalued and poised for growth.

Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.

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Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, enhancing their trading strategies.

Market Winning Tools: The platform provides essential tools and information to help traders succeed in the stock market.

Real-time Intelligence: Benzinga Pro offers the fastest news alerts for traders to stay updated on market movements.

Exclusive Content: Subscribers gain access to unique stories and insights generated by Benzinga reporters.

Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, enhancing their trading strategies.

Market Winning Tools: The platform provides essential tools and information to help traders succeed in the stock market.

Management's Expectations: i3 Verticals is transitioning to a software-as-a-service (SaaS) model, with management optimistic about future growth despite a conservative forecast for fiscal 2026.

Stock Performance: Following the growth forecast announcement, i3 Verticals' stock dropped significantly, with a decline of over 10% on the day and a peak drop of 24%.

Revenue Growth: The company reported a 7% year-over-year increase in revenue for its fiscal fourth quarter, driven by a 23% rise in SaaS revenue, although profitability slightly declined due to increased lower-margin professional services.

Future Outlook: Management anticipates revenue growth of 2%-9% and adjusted EBITDA growth of 2%-13% for fiscal 2026, with expectations for a rebound in certain markets by fiscal 2027.

Real-time Intelligence: Benzinga Pro offers the fastest news alerts to help traders stay informed and make timely decisions in the stock market.

Exclusive Content: Subscribers gain access to unique stories and insights generated by Benzinga reporters, enhancing their trading strategies.

Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, sharing knowledge and resources to improve their market performance.

Market Winning Tools: The platform provides essential tools and information that traders use daily to achieve success in their trading activities.