Acacia Research Corporation (ACTG)
NASDAQ: ACTG · Real-Time Price · USD
4.420
+0.110 (2.55%)
Dec 20, 2024, 4:00 PM EST - Market closed
Acacia Research Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Acacia Research stock has a target of 7.00, which predicts an increase of 58.37% from the current stock price of 4.42.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 15, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for ACTG is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $6 → $7 | Strong Buy | Maintains | $6 → $7 | +58.37% | Mar 15, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $4 | Strong Buy | Initiates | $4 | -9.50% | May 22, 2020 |
Financial Forecast
Revenue This Year
123.64M
from 125.10M
Decreased by -1.17%
Revenue Next Year
228.48M
from 123.64M
Increased by 84.79%
EPS This Year
-0.31
from 0.58
EPS Next Year
-0.22
from -0.31
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 127.3M | 235.2M |
| Avg | 123.6M | 228.5M |
| Low | 118.8M | 219.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 1.7% | 90.2% |
| Avg | -1.2% | 84.8% |
| Low | -5.0% | 77.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.32 | -0.23 |
| Avg | -0.31 | -0.22 |
| Low | -0.29 | -0.22 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.