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Stock Ratings / Technology / IIIV
DDD (24) BLZE (34) MTC (33) MTLS (53) ⌘ Pro Terminal →

i3 Verticals Inc. (Class A) (IIIV) — RQD Stock Rating Cockpit

$18.42 +4.78% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $18.54

i3 Verticals Inc. (Class A) (IIIV) carries a Roarable Rating of D (Sell) with 45/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D • SELL / AVOID Cap $462.7M
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on IIIV Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is IIIV stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-03, i3 Verticals Inc. (Class A) (NASDAQ: IIIV) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 45/100 at a spot price of $18.42 (+4.78% 1D, market cap $462.7M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 9/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 6/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, IIIV ranks #418 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does IIIV compare to DDD and BLZE in the Technology sector?
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Within the Technology sector (Computer Software: Prepackaged Software), IIIV carries a Roarable D (45/100 RQD), trailing P/E of 25.5x, gross margin of —, and ROIC of 0.9%. By comparison, DDD (3D Systems Corporation) holds a E grade (24/100 RQD, P/E 16.3x, ROIC -32.8%, cap $461.9M) and BLZE (Backblaze Inc. (Class A)) posts a E grade (34/100 RQD, P/E N/A, ROIC -34.5%, cap $469.8M). Among the 5-stock peer group, DDD leads on earnings multiple (16.3x) while IIIV leads on capital efficiency (0.9% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for IIIV?
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Per IIIV's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0001728688), i3 Verticals Inc. (Class A) generated $213.2M in revenue (+11.5% YoY), $17.9M in net income, and $3.8M in free cash flow against $595.9M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $18.54 (+0.67%)🧬 Disciplined Float (+0.80% YoY Shares)⚙️ Cash Engine: 7/20 (D-) • 1.8% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record Warning: Scores below 50 (45/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-6.3% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERSELL / AVOID • D
025507510045
2-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D
Cash (7)Whales (9)SEC (14)Macro (6)CEO (9)
Each axis scored 0–20
12M PRICE TARGET CONE-5.9% Base Target
$33 Bull$17 Base$14 Bear
📬 FREE IIIV RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for IIIV)Realized 20D OHLCV Swing Band: ±7.3%
Deterministic 5-Pillar Attribution (45/100 Composite)
🔍 WHY IIIV SCORES 45/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: SEC 10-K Forensic Risk+14/20 pts (31% of score)

Altman Z-Score 3.16 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 5/9

▲ #2 Bullish Driver: Whale & Options Positioning+9/20 pts (20% of score)

20D Institutional Volume Accumulation (±7.3% realized swing band)

▼ #1 Drag / Risk Factor: Macro Regime Fit6/20 pts (-14 pt drag)

Macro rate sensitivity & RSI-14 (64.4) create a -14 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
37
Grade E$16.03+6.5% Next Q
Q2 (-2Q)
40
Grade D$17.07-1% Next Q
Q3 (-1Q)
42
Grade D$16.90+9% Next Q
Current
45
Grade D$18.42-6.3% Hist 90D α
Trajectory: E (37) → D (45)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a IIIV Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While IIIV currently carries a cautious 45/100 (D) rating due to Macro Regime Fit (6/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Technology with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($15.93) and Max Pain ($19.34) forces dealer call-delta covering toward $32.90.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (+0.80% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $IIIV• $4.8M Crowd Pool • Kalshi / Polymarket Composite
Contract: “IIIV Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”
YES 45%NO 55%Trade / Inspect Odds →
RSI-14 MOMENTUMBULLISH MOMENTUM
64.430 Oversold · 70 Hot
ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)
3.16>3.0 Fortress Safe
PIOTROSKI F-SCORESOLID CORE (5–6)
5 / 99-Pt Accounting
52-WEEK LASER RANGE27% OF RANGE
L: $14$18.42H: $31
1. Money & Cash Health● WEAK
Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: D-RQD 7 / 20
2. Big Money & Insiders● TRIMMING
Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: DRQD 18 / 40
3. Hidden Risks & Market Weather● WARNING
SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: DRQD 20 / 40
MULTI-MODEL JEV QUANT JURY DELIBERATION

2-of-3 JEV AI Jury Bearish Warning on IIIV

Cash & Moat Bull AI
ROIC & Free Cash Flow Model
BEARISH (35)

0.9% ROIC with 42.0% gross margin and 0.82% FCF yield.

SEC Forensic Auditor AI
10-K Accruals & Altman-Z Guard
BULLISH (70)

Altman-Z 3.16 and Piotroski 5/9 pass balance-sheet audit.

Whale & Macro Hawk AI
Options Skew, 13F & Fed NetLiq
BEARISH (40)

18/40 institutional & smart-money positioning score with 6/20 macro alignment.

Bull Case: Why Buyers Like IIIV
  • ✓Established market leader in Technology with deep daily trading liquidity.
Bear Case: What Could Go Wrong
  • !Company executives have done more routine share selling than personal cash buying lately.
  • !Sensitive to high interest rates and tighter Federal Reserve market liquidity.
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring IIIV)

  • ✓Walkthrough of IIIV's RQD Radar, SEC cash-conversion gap & downside invalidation levels
  • ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
  • ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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IIIV // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -20.94%▼ DESCENDING CHANNEL
2026-11-03O $17.31H $18.42L $17.31C $18.42VOL 165.7K
RES: $21.47SUP: $12.13SMA50: $15.93SMA200: $19.82
$27.47$23.72$19.97$16.22$12.47RES $21.47SUP $12.13$18.422026-05-042026-06-172026-08-042026-09-182026-11-03
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

IIIV Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 IIIV Butterfly Map → + Track IIIV →
Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle
19.2%/yr Implied 5Y Growth

vs. +11.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on IIIV today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for IIIV. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for IIIV today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (IIIV)

Technology Rank #418 of 714 ⚔️ DDD vs IIIV Full Matrix →

1. Head-to-Head Technology Peer Comparison (IIIV vs. DDD, BLZE, MTC, MTLS)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, i3 Verticals Inc. (Class A) (IIIV) ranks #418 by composite RQD confidence (45/100, grade D) and #418 by equity capitalization ($462.7M). Within this direct 5-issuer industry benchmark cohort, DDD leads on earnings valuation at 16.3x trailing P/E, while IIIV leads on capital efficiency and profitability with 0.9% ROIC and — gross margin. MTLS currently holds the highest overall quantitative score in the immediate peer group at 53/100 (D+) compared with IIIV at 45/100 (D).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
IIIV ACTIVE
i3 Verticals Inc. (Class A)
D 45/100 25.5x — 0.9% +4.78% $462.7M Benchmark Subject
DDD
3D Systems Corporation
E 24/100 16.3x 33.9% -32.8% -4.32% $461.9M /ddd-vs-iiiv →
BLZE
Backblaze Inc. (Class A)
E 34/100 — 60.9% -34.5% -2.50% $469.8M /blze-vs-iiiv →
MTC
MMTec Inc.
E 33/100 — 21.6% -12.0% +10.53% $492.0M /mtc-vs-iiiv →
MTLS
Materialise NV
D+ 53/100 — — — +0.56% $424.1M /mtls-vs-iiiv →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-09-30 • CIK 0001728688

In its most recent audited fiscal period (FY2025, filed 2025-09-30), i3 Verticals Inc. (Class A) (IIIV) reported GAAP revenue of $213.2M (+11.5% vs. FY2024 revenue of $191.2M , and +12.4% cumulative change since FY2023) , GAAP net income of $17.9M, operating cash flow of $5.7M, and free cash flow of $3.8M (-91.7% YoY). On the balance sheet, IIIV closed FY2025 with $595.9M in total assets against $0 in total debt (Altman Z-Score: 3.16, Piotroski F-Score: 5/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-09-30 $213.2M $17.9M $5.7M $3.8M $595.9M —
FY2024 (FY) 2024-09-30 $191.2M $113.3M $48.4M $45.4M $726.2M $0
FY2023 (FY) 2023-09-30 $189.7M -$811.0K $37.2M $37.2M — —

3. IIIV Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is IIIV stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-03, i3 Verticals Inc. (Class A) (NASDAQ: IIIV) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 45/100 at a spot price of $18.42 (+4.78% 1D, market cap $462.7M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 9/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 6/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, IIIV ranks #418 in composite RQD confidence.

How does IIIV compare to DDD and BLZE in the Technology sector?

Within the Technology sector (Computer Software: Prepackaged Software), IIIV carries a Roarable D (45/100 RQD), trailing P/E of 25.5x, gross margin of —, and ROIC of 0.9%. By comparison, DDD (3D Systems Corporation) holds a E grade (24/100 RQD, P/E 16.3x, ROIC -32.8%, cap $461.9M) and BLZE (Backblaze Inc. (Class A)) posts a E grade (34/100 RQD, P/E N/A, ROIC -34.5%, cap $469.8M). Among the 5-stock peer group, DDD leads on earnings multiple (16.3x) while IIIV leads on capital efficiency (0.9% ROIC).

What are the biggest fundamental strengths and SEC risk factors for IIIV?

Per IIIV's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0001728688), i3 Verticals Inc. (Class A) generated $213.2M in revenue (+11.5% YoY), $17.9M in net income, and $3.8M in free cash flow against $595.9M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is IIIV trading relative to its 50-day, 200-day, and 52-week technical levels?

IIIV last traded at $18.42 (+4.78% on volume of 456,973 shares), positioning the stock +15.63% above its 50-day simple moving average ($15.93) and -7.06% below its 200-day simple moving average ($19.82). Across its 52-week range of $13.63 to $31.33, IIIV sits at the 27.1% percentile with a 14-day RSI of 64.4 (BULLISH MOMENTUM) and an implied next-earnings move of ±7.3% ($17.08 to $19.76).

Direct Sub-Reports: IIIV RQD Cockpit IIIV 12M Forecast IIIV Earnings & Move IIIV Dividends & DRIP IIIV Insiders & 13F IIIV Whale Options IIIV Profit Sankey IIIV News & Why
ROARABLE RATING BRIEF • RQD 45/100 (D) ✓ SEC XBRL & RQD VERIFIED

IIIV — i3 Verticals Inc. (Class A): What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2025-09-30

1. Roarable Rating Brief: What This Means to a Prospective Investor

i3 Verticals Inc. (Class A) (IIIV) earns a live Roarable RQD composite score of 45/100, corresponding to a D letter grade (Roarable Sell) at a spot price of $18.42 (+4.78% 1D, market capitalization $462.7M).

  • Fundamental Cash Engine (7/20): Anchored by return on invested capital (ROIC) of 0.9%, gross margin of —, operating margin of 1.8%, and free cash flow yield of 0.82%.
  • Whale 13F & Options Flow (9/20) + Insider Conviction (14/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
  • Macro Regime Fit (6/20) + Forensic Balance Sheet (9/20): Incorporates a 1.00x equity beta, Altman Z-Score of 3.16, Piotroski F-Score of 5/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

I3 Verticals Inc. (Class A) is a NASDAQ-listed issuer in the Technology sector, operating in the Computer Software: Prepackaged Software industry..5B. — for what the company sells, to whom, or how it makes money.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-09-30), i3 Verticals Inc. (Class A) (IIIV) reported $213.2M in annual revenue (up from $191.2M in FY2024, +11.5% YoY) and $17.9M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($189.7M revenue, -$811.0K net income) through FY2025, IIIV scaled operating cash flow to $5.7M and free cash flow to $3.8M, backed by $595.9M in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

  • 🐂 Primary Bull Case (D • RQD 45/100): Established market leader in Technology with deep daily trading liquidity. Free cash flow yield of 0.82% and institutional whale pillar of 9/20. With Fundamental Cash Engine at 7/20 and Institutional Whale Flow at 9/20, sustained execution supports upside toward the upper end of the $13.63 – $31.33 52-week range.
  • 🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh 25.5x trailing P/E and 77.0x EV/EBITDA against 1.8% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

— The Butterfly Supply-Chain Graph lists no upstream or downstream links and no proprietary signals, so no dependency or sector-correlation analysis can be drawn from the source. Watch item from the news feed only: the scheduled November 19 results date reported by ad-hoc-news.de.

  • Key Question #1: Can IIIV sustain or expand its 1.8% operating margin and 0.9% ROIC against Computer Software: Prepackaged Software peers over the next 4 quarters?
  • Key Question #2: Following FY2025 revenue of $213.2M and free cash flow of $3.8M, how will capital allocation balance growth reinvestment against $0 in total debt?
  • Key Question #3: How sensitive is IIIV's 23.7x forward P/E multiple to Technology capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

IIIV Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for i3 Verticals Inc. (Class A) (IIIV) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to IIIV Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

IIIV Bull vs. Bear Conversation Board — What's Your Call at $18.42?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON IIIV 🐻 33% BEARISH CONVICTION
1. Pick Your Side on IIIV:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
MI MidwestValue RQD DEBATE OPENER • Fundamental Long-Only 🐂 BULLISH 🎯 Target: $22.68 (+29.0%)
📌 Pinned Debate

The forensic balance sheet scores 14 of 20 with Altman Z 3.16 and Debt/Equity 0.5, indicating no obvious financial distress.

The street is overcomplicating i3 Verticals Inc. (Class A) (IIIV). The forensic balance sheet scores 14 of 20 with Altman Z 3.16 and Debt/Equity 0.5, indicating no obvious financial distress.. With an RQD score of 45/100 (D) and Forensic Balance Sheet at 14/20, any positive earnings surprise or guidance raise forces underweight funds to chase above $18.99.

ArenaChamp_24 🐂 BULL

@MidwestValue Agree on the RQD 45/100 quality, though with 1.0 beta I'm scaling in with half-size at $17.58 and keeping dry powder in case we test $16.35.

FA FadeTheHype RQD DEBATE OPENER • Contrarian Tape Reader 🐻 BEARISH 🎯 Target: $14.59 (-17.0%)
Spot @ $17.58

ROIC of 0.9% and FCF yield of 0.82% against a P/E TTM of 25.5 and EV/EBITDA of 77 leave the valuation unsupported by cash generation.

I respect the product at i3 Verticals Inc. (Class A), but the stock at $17.58 is a different story. ROIC of 0.9% and FCF yield of 0.82% against a P/E TTM of 25.5 and EV/EBITDA of 77 leave the valuation unsupported by cash generation.. FCF yield is 0.82% and RQD sits at 45/100 (D) — why pay up here when you can wait for next quarter's numbers?

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