ECD Automotive Design, Inc. (ECDA)
NASDAQ: ECDA · Real-Time Price · USD
0.960
+0.066 (7.41%)
Nov 21, 2024, 11:58 AM EST - Market open
ECD Automotive Design Stock Forecast
ECDA's stock price has decreased by -91.79% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for ECDA stock has a target of 9.00, which predicts an increase of 837.50% from the current stock price of 0.96.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 30, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for ECDA 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 |
|---|---|---|
| Strong Buy | 1 | 1 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Litchfield Hills | Litchfield Hills | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +837.50% | Jan 30, 2024 |
Financial Forecast
Revenue This Year
34.11M
from 15.12M
Increased by 125.56%
Revenue Next Year
46.41M
from 34.11M
Increased by 36.05%
EPS This Year
-0.14
from -0.06
EPS Next Year
0.01
from -0.14
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 35.1M | 47.8M |
| Avg | 34.1M | 46.4M |
| Low | 32.8M | 44.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 132.2% | 40.1% |
| Avg | 125.6% | 36.1% |
| Low | 116.7% | 30.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.15 | 0.01 | 0.37 |
| Avg | -0.14 | 0.01 | 0.36 |
| Low | -0.14 | 0.01 | 0.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 3,502.9% |
| Avg | - | - | 3,400.0% |
| Low | - | - | 3,262.7% |
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.