Digimarc Corporation

NasdaqGS:DMRC Stock Report

Market Cap: US$169.9m

Digimarc Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Digimarc.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Software earnings growth19.0%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

Low

Last updated16 Mar 2026

Recent future growth updates

Recent updates

DMRC: Expanding Security Solutions And Partnerships Will Support Path Toward Break Even

Analysts have nudged their price target on Digimarc to $15.00. The modest adjustment is supported by updated assumptions around the discount rate, long-term profit margin, and a slightly higher future P/E multiple.

DMRC: Expanding Security Partnerships Will Support Progress Toward Break Even

Analysts have nudged their price target on Digimarc to $15, reflecting modest tweaks to their discount rate, profit margin outlook, and assumed future P/E, while keeping their fair value anchor unchanged at $15.00. What's in the News Digimarc is completing the rollout of its Leak Detection solution for a global technology client, aimed at tracing insider-leaked photos and screenshots of confidential internal systems across tens of thousands of PCs and mobile devices (Key Developments).

We Think Digimarc (NASDAQ:DMRC) Needs To Drive Business Growth Carefully

Feb 04
We Think Digimarc (NASDAQ:DMRC) Needs To Drive Business Growth Carefully

DMRC: Expanding Security Partnerships Will Support Progress Toward Break Even

Analysts have maintained their fair value estimate for Digimarc at US$15.00, citing only minor adjustments to assumptions around the discount rate, profit margin and future P/E. They view these changes as within a normal range of model updates rather than a change in their overall thesis.

DMRC: Gift Card Security Rollout Will Support Break-Even Progress And Cash Generation

Narrative Update on Digimarc Analysts have trimmed their price target on Digimarc to US$20 from US$30. They cite expectations for roughly break-even non-GAAP net income in Q4, a path toward positive free cash flow in 2026, and continued progress across Gift Cards, Product, and Digital Authentication growth drivers.

DMRC: Break-Even Progress And Gift Card Security Deals Will Drive Free Cash Flow

Analysts have trimmed their price target on Digimarc to $20 from $30, citing Q3 results that lined up with expectations, an outlook for roughly break-even non-GAAP net income in Q4, a path toward positive free cash flow in 2026, and continued progress across Gift Cards, Product, and Digital Authentication as key reasons for the reset. Analyst Commentary Bullish Takeaways Bullish analysts view the reaffirmed Q4 target of roughly break even non-GAAP net income as a sign that management is executing in line with expectations, which can support confidence in the current valuation framework.

Digimarc Corporation's (NASDAQ:DMRC) 29% Share Price Plunge Could Signal Some Risk

Jan 04
Digimarc Corporation's (NASDAQ:DMRC) 29% Share Price Plunge Could Signal Some Risk

DMRC: Break-Even Progress Will Support Long-Term Free Cash Flow Upside

Narrative Update Analysts have reduced their price target on Digimarc shares to $20.00 from $30.00, citing in line Q3 results, a path toward roughly break even non GAAP net income in Q4, significantly improved cash burn, and ongoing traction across gift cards, product, and digital authentication as key supports for the revised outlook. Analyst Commentary Analysts note that the revised price target incorporates a more balanced view of Digimarc's near term execution risk and long term growth potential, with particular focus on profitability milestones and the scalability of its core platforms.

DMRC: Achieving Break-Even Status Will Signal Upside Momentum Into 2026

Analysts have revised Digimarc's price target downward from $30 to $20, citing stable Q3 results and confidence in the company's progress towards key growth drivers as well as anticipated improvement in free cash flow by 2026. Analyst Commentary Following the recent revision in Digimarc's price target, analysts have shared both optimistic and cautious viewpoints regarding the company’s outlook, execution, and valuation.

Risks Still Elevated At These Prices As Digimarc Corporation (NASDAQ:DMRC) Shares Dive 26%

Nov 20
Risks Still Elevated At These Prices As Digimarc Corporation (NASDAQ:DMRC) Shares Dive 26%

DMRC: Break-Even Status And Cash Flow Improvement Will Drive Renewed Momentum

Analysts have lowered their price target for Digimarc from $30 to $20. They cited stable recent results, near-term break-even projections, and progress toward long-term cash flow improvements.

DMRC: Positive Cash Flow Projected By 2026 Will Drive Renewed Optimism

Narrative Update on Digimarc Analysts have lowered their price target for Digimarc from $20 to $15, citing recent financial results, anticipated improvements in cash flow by 2026, and ongoing progress in core growth areas as key factors in the revised outlook. Analyst Commentary Following the revised outlook for Digimarc, analysts have provided insights into both the promising aspects of the company’s performance and the areas that warrant caution for investors as they assess its valuation and future potential.

We're Keeping An Eye On Digimarc's (NASDAQ:DMRC) Cash Burn Rate

Oct 26
We're Keeping An Eye On Digimarc's (NASDAQ:DMRC) Cash Burn Rate

Digimarc Corporation's (NASDAQ:DMRC) 32% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Aug 16
Digimarc Corporation's (NASDAQ:DMRC) 32% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

US Gift Card Protection Will Improve Security While Facing Challenges

A notable downward revision in revenue growth forecasts and a higher projected future P/E ratio together signal weaker earnings prospects and higher valuation risk for Digimarc, prompting a reduced fair value estimate as reflected in the analyst price target lowering from $22.50 to $20.00. What's in the News Digimarc and Beaulieu International Group successfully demonstrated digital watermark technology for delivering Digital Product Passports in the flooring industry, attracting interest from manufacturers and standards groups.
User avatar

US Gift Card Protection Will Improve Security While Facing Challenges

Strategic focus on high-growth areas and divestment of non-core operations could soon lead to sustainable free cash flow.

Digimarc Corporation (NASDAQ:DMRC) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

May 09
Digimarc Corporation (NASDAQ:DMRC) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

We Think Some Shareholders May Hesitate To Increase Digimarc Corporation's (NASDAQ:DMRC) CEO Compensation

May 01
We Think Some Shareholders May Hesitate To Increase Digimarc Corporation's (NASDAQ:DMRC) CEO Compensation

Digimarc Corporation's (NASDAQ:DMRC) Popularity With Investors Under Threat As Stock Sinks 59%

Mar 14
Digimarc Corporation's (NASDAQ:DMRC) Popularity With Investors Under Threat As Stock Sinks 59%

Digimarc (NASDAQ:DMRC) Is In A Good Position To Deliver On Growth Plans

Feb 19
Digimarc (NASDAQ:DMRC) Is In A Good Position To Deliver On Growth Plans

Digimarc Corporation's (NASDAQ:DMRC) Shareholders Might Be Looking For Exit

Jan 28
Digimarc Corporation's (NASDAQ:DMRC) Shareholders Might Be Looking For Exit

We're Not Very Worried About Digimarc's (NASDAQ:DMRC) Cash Burn Rate

Oct 09
We're Not Very Worried About Digimarc's (NASDAQ:DMRC) Cash Burn Rate

Digimarc Corporation's (NASDAQ:DMRC) Popularity With Investors Is Clear

Jul 16
Digimarc Corporation's (NASDAQ:DMRC) Popularity With Investors Is Clear

We're Hopeful That Digimarc (NASDAQ:DMRC) Will Use Its Cash Wisely

Jun 25
We're Hopeful That Digimarc (NASDAQ:DMRC) Will Use Its Cash Wisely

Shareholders May Be A Bit More Conservative With Digimarc Corporation's (NASDAQ:DMRC) CEO Compensation For Now

Jun 01
Shareholders May Be A Bit More Conservative With Digimarc Corporation's (NASDAQ:DMRC) CEO Compensation For Now

Digimarc Corporation's (NASDAQ:DMRC) Popularity With Investors Under Threat As Stock Sinks 25%

Mar 13
Digimarc Corporation's (NASDAQ:DMRC) Popularity With Investors Under Threat As Stock Sinks 25%

Companies Like Digimarc (NASDAQ:DMRC) Are In A Position To Invest In Growth

Feb 07
Companies Like Digimarc (NASDAQ:DMRC) Are In A Position To Invest In Growth

We're Not Very Worried About Digimarc's (NASDAQ:DMRC) Cash Burn Rate

Oct 24
We're Not Very Worried About Digimarc's (NASDAQ:DMRC) Cash Burn Rate

Will Digimarc (NASDAQ:DMRC) Spend Its Cash Wisely?

Jul 03
Will Digimarc (NASDAQ:DMRC) Spend Its Cash Wisely?

Earnings and Revenue Growth Forecasts

NasdaqGS:DMRC - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202633-25N/AN/A2
12/31/202534-32-13-12N/A
9/30/202534-37-18-17N/A
6/30/202535-39-22-21N/A
3/31/202538-40-24-24N/A
12/31/202438-39-27-27N/A
9/30/202439-41-28-28N/A
6/30/202439-41-22-21N/A
3/31/202437-42-22-22N/A
12/31/202335-46-23-22N/A
9/30/202333-48-25-24N/A
6/30/202332-52-36-35N/A
3/31/202331-56-42-41N/A
12/31/202230-60-46-44N/A
9/30/202230-56-46-45N/A
6/30/202229-44-41-39N/A
3/31/202227-44-34-32N/A
12/31/202127-35-28-26N/A
9/30/202125-46-25-23N/A
6/30/202124-51-24-22N/A
3/31/202125-43-22-20N/A
12/31/202024-44-22-20N/A
9/30/202024-33-22-20N/A
6/30/202024-33-23-21N/A
3/31/202024-33-24-22N/A
12/31/201923-33-23-22N/A
9/30/201923-32N/A-22N/A
6/30/201922-33N/A-22N/A
3/31/201921-33N/A-23N/A
12/31/201821-33N/A-21N/A
9/30/201821-33N/A-20N/A
6/30/201825-29N/A-19N/A
3/31/201825-28N/A-18N/A
12/31/201725-26N/A-18N/A
9/30/201726-23N/A-19N/A
6/30/201722-24N/A-17N/A
3/31/201722-22N/A-15N/A
12/31/201622-22N/A-14N/A
9/30/201622-21N/A-12N/A
6/30/201621-20N/A-11N/A
3/31/201622-19N/A-10N/A
12/31/201522-18N/A-10N/A
9/30/201523-22N/A-8N/A
6/30/201525-19N/A-7N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if DMRC's forecast earnings growth is above the savings rate (3.4%).

Earnings vs Market: Insufficient data to determine if DMRC's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if DMRC's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if DMRC's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if DMRC's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DMRC's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 00:28
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Digimarc Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael CrawfordB. Riley Securities, Inc.
Jeffrey Van RheeCraig-Hallum Capital Group LLC
Saliq KhanImperial Capital