American Resources Corporation (AREC)
NASDAQ: AREC · Real-Time Price · USD
1.060
-0.070 (-6.19%)
Nov 20, 2024, 4:00 PM EST - Market closed
American Resources Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for American Resources stock have an average target of 4.06, with a low estimate of 3.25 and a high estimate of 5.00. The average target predicts an increase of 283.02% from the current stock price of 1.06.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 30, 2024.
Analyst Ratings
The average analyst rating for AREC stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +277.36% | Sep 30, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +277.36% | Jul 17, 2024 |
| EF Hutton | EF Hutton | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +371.70% | Jun 3, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $5 | Strong Buy | Maintains | $5 | +371.70% | May 24, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $3.5 → $3.25 | Strong Buy | Maintains | $3.5 → $3.25 | +206.60% | Nov 16, 2023 |
Financial Forecast
Revenue This Year
13.57M
from 16.74M
Decreased by -18.98%
Revenue Next Year
124.70M
from 13.57M
Increased by 819.21%
EPS This Year
-0.37
from -0.15
EPS Next Year
0.13
from -0.37
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.0M | 178.8M | 354.1M |
| Avg | 13.6M | 124.7M | 343.9M |
| Low | 13.0M | 72.7M | 330.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.6% | 1,218.1% | 183.9% |
| Avg | -19.0% | 819.2% | 175.8% |
| Low | -22.2% | 436.0% | 165.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.38 | 0.20 | 1.35 |
| Avg | -0.37 | 0.13 | 1.32 |
| Low | -0.35 | 0.06 | 1.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 962.4% |
| Avg | - | - | 932.0% |
| Low | - | - | 891.5% |
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.