ECD Automotive Design, Inc. (ECDA)
NASDAQ: ECDA · IEX Real-Time Price · USD
1.100
0.00 (0.00%)
At close: Jul 2, 2024, 4:00 PM
1.080
-0.020 (-1.82%)
After-hours: Jul 2, 2024, 7:57 PM EDT

ECD Automotive Design Stock Forecast

ECDA's stock price has decreased by -89.34% 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 718.18% from the current stock price of 1.10.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $9.00 $9.00 $9.00 $9.00
Change +718.18% +718.18% +718.18% +718.18%
* 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 May '24Jun '24
Strong Buy 11
Buy 00
Hold 00
Sell 00
Strong Sell 00
Total 11

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Litchfield Hills
Litchfield Hills
Strong Buy
Initiates
$9
Strong Buy Initiates $9 +718.18% Jan 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
33.38M
from 15.12M
Increased by 120.71%
Revenue Next Year
47.91M
from 33.38M
Increased by 43.53%
EPS This Year
0.04
from -0.09
EPS Next Year
0.16
from 0.04
Increased by 300.00%
Year 202120222023202420252026
Revenue
11.52M12.34M15.12M33.38M47.91M-
Revenue Growth
-7.16%22.52%120.71%43.53%-
EPS
--0.06-0.090.040.160.26
EPS Growth
----300.00%56.25%
Forward PE
---26.966.744.31
No. Analysts ---333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 34.4M 49.3M
Avg 33.4M 47.9M
Low 32.1M 46.0M

Revenue Growth

Revenue Growth 20242025
High
127.2%
47.8%
Avg
120.7%
43.5%
Low
112.1%
37.9%

EPS Forecast

EPS 202420252026
High 0.04 0.17 0.26
Avg 0.04 0.16 0.26
Low 0.04 0.16 0.25

EPS Growth

EPS Growth 202420252026
High -
311.8%
60.8%
Avg -
300.0%
56.2%
Low -
284.3%
50.1%
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.