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Envela Corporation (ELA)
NYSEAMERICAN: ELA · Real-Time Price · USD
6.50
+0.01 (0.15%)
At close: Nov 20, 2024, 4:00 PM
6.37
-0.13 (-2.00%)
After-hours: Nov 20, 2024, 5:59 PM EST

Envela Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Envela stock has a target of 7.00, which predicts an increase of 7.69% from the current stock price of 6.50.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $7.00 $7.00 $7.00
Change +7.69% +7.69% +7.69% +7.69%

Analyst Ratings

According to 1 stock analyst, the rating for Envela 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 Sep '24Oct '24Nov '24
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mark Argento
Lake Street
 Lake Street
Strong Buy
Maintains
$6 → $7
 Strong Buy Maintains $6 → $7 +7.69% Nov 6, 2024
Mark Argento
Lake Street
 Lake Street
Strong Buy
Initiates
$10
 Strong Buy Initiates $10 +53.85% Jul 28, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
165.78M
from 171.67M
Decreased by -3.43%
Revenue Next Year
182.47M
from 165.78M
Increased by 10.07%
EPS This Year
0.21
from 0.27
Decreased by -21.35%
EPS Next Year
0.36
from 0.21
Increased by 72.77%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025
Revenue
82.02M113.92M140.97M182.69M171.67M165.78M182.47M
Revenue Growth
51.74%38.89%23.74%29.60%-6.03%-3.43%10.07%
EPS
0.100.240.370.580.270.210.36
EPS Growth
400.00%137.11%56.05%56.76%-54.06%-21.35%72.77%
Forward PE
-----31.0217.95
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 174.7M 200.9M
Avg 165.8M 182.5M
Low 158.7M 166.6M

Revenue Growth

Revenue Growth 20242025
High
1.8%
21.2%
Avg
-3.4%
10.1%
Low
-7.6%
0.5%

EPS Forecast

EPS 20242025
High 0.22 0.39
Avg 0.21 0.36
Low 0.20 0.34

EPS Growth

EPS Growth 20242025
High
-17.3%
85.4%
Avg
-21.4%
72.8%
Low
-24.6%
62.3%
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.