Acacia Research Corporation (ACTG)
NASDAQ: ACTG · IEX Real-Time Price · USD
5.28
0.00 (0.00%)
At close: Mar 28, 2024, 4:00 PM
5.35
+0.07 (1.33%)
After-hours: Mar 28, 2024, 5:57 PM EDT
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 32.58% from the current stock price of 5.28.
Analyst Consensus: Strong Buy
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 | Jan '24 | Feb '24 | Mar '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 | +32.58% | Mar 15, 2024 |
Craig-Hallum | Craig-Hallum | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | May 22, 2020 |
Financial Forecast
Revenue This Year
32.64M
from 125.10M
Decreased by -73.91%
Revenue Next Year
n/a
from 32.64M
EPS This Year
0.29
from 0.58
Decreased by -50.76%
EPS Next Year
n/a
from 0.29
Revenue Forecast
Revenue | 2024 |
---|---|
High | 33.6M |
Avg | 32.6M |
Low | 31.4M |
Revenue Growth
Revenue Growth | 2024 |
---|---|
High | -73.1% |
Avg | -73.9% |
Low | -74.9% |
EPS Forecast
EPS | 2024 |
---|---|
High | 0.29 |
Avg | 0.29 |
Low | 0.27 |
EPS Growth
EPS Growth | 2024 |
---|---|
High | -49.3% |
Avg | -50.8% |
Low | -52.7% |
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.