Electra Battery Materials Corporation (ELBM)
NASDAQ: ELBM · IEX Real-Time Price · USD
0.419
-0.010 (-2.24%)
At close: Jul 2, 2024, 4:00 PM
0.421
+0.001 (0.33%)
Pre-market: Jul 3, 2024, 6:09 AM EDT
Electra Battery Materials Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for ELBM stock have an average target of 1.83, with a low estimate of 1.40 and a high estimate of 2.25. The average target predicts an increase of 336.34% from the current stock price of 0.42.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for ELBM stock from 2 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
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 | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.6 → $1.4 | Strong Buy | Maintains | $1.6 → $1.4 | +233.81% | May 28, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $2.5 → $1.6 | Strong Buy | Maintains | $2.5 → $1.6 | +281.50% | Nov 20, 2023 |
Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $4.5 → $2.25 | Strong Buy | Maintains | $4.5 → $2.25 | +436.48% | Aug 21, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $4.5 → $2.5 | Strong Buy | Maintains | $4.5 → $2.5 | +496.09% | Aug 21, 2023 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +972.96% | Jul 6, 2023 |
Financial Forecast
Revenue This Year
6.64M
Revenue Next Year
114.84M
from 6.64M
Increased by 1,630.56%
EPS This Year
-0.19
from -1.49
EPS Next Year
-0.01
from -0.19
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 9.0M | 191.1M |
Avg | 6.6M | 114.8M |
Low | 4.5M | 44.5M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | - | 2,779.7% |
Avg | - | 1,630.6% |
Low | - | 570.6% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -0.20 | -0.01 |
Avg | -0.19 | -0.01 |
Low | -0.19 | -0.01 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | - | - |
Avg | - | - |
Low | - | - |
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.