VerifyMe's Q2 results and new UPS partnership boost price target to $1.50 from $1.25, according to Barrington.

VerifyMe's price target has been raised to $1.50 from $1.25 by Barrington due to solid Q2 results and a new partnership with UPS, which is expected to become a material contributor to Precision Logistics results. The analyst maintains an Outperform rating on the shares.

UPS Partnership Boosts VerifyMe's Outlook

Analysts at Barrington have raised their price target for VerifyMe (NASDAQ: VRME) to $1.50 from $1.25 following the company's solid Q2 results and a strategic partnership with United Parcel Service (UPS). The analyst maintains an Outperform rating on the shares, reflecting their optimism about the new deal's potential impact on Precision Logistics results.

VerifyMe reported its second quarter 2025 results on August 13, 2025, delivering $4.5 million in revenue, a net loss of $290,000 (GAAP), and positive adjusted EBITDA of $300,000. The company's strategic cash deployment initiative, confirmed multi-carrier integration, and sustained cost discipline position it for future growth.

The partnership with UPS, one of the world's largest logistics companies, is expected to become a material contributor to VerifyMe's Precision Logistics segment. The new relationship will address earlier single-carrier limitations and unlock substantial new volume opportunities beginning in 2026.

Financial Highlights

- Revenue: $4.5 million (Q2 2025)
- Net Loss: $290,000 (GAAP)
- Adjusted EBITDA: $300,000
- Operating Expenses: $1.9 million (27% YoY decline)
- Gross Margin: 35%

Outlook

Management projects ongoing positive cash flow from operations for full-year 2025 and expects gross margin (GAAP) to improve year-over-year, driven by seasonal factors. Integration with the second freight carrier is expected to begin delivering notable revenue contribution starting in 2026.

References

[1] https://www.morningstar.com/news/pr-newswire/20250812ph49425/at-11th-hour-ups-bows-to-teamsters-strike-threat-in-7-states
[2] https://www.aol.com/finance/verifyme-q2-revenue-rises-cash-153623016.html