Electra Battery Materials Corporation (ELBM)
NASDAQ: ELBM · Real-Time Price · USD
0.398
-0.010 (-2.50%)
Dec 18, 2024, 4:00 PM EST - Market open
Electra Battery Materials Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for ELBM stock has a target of 1.30, which predicts an increase of 226.80% from the current stock price of 0.40.
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for ELBM 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| 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 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.4 → $1.3 | Strong Buy | Maintains | $1.4 → $1.3 | +226.80% | Nov 27, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $1.4 | Strong Buy | Reiterates | $1.4 | +251.94% | Aug 21, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.6 → $1.4 | Strong Buy | Maintains | $1.6 → $1.4 | +251.94% | May 28, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $2.5 → $1.6 | Strong Buy | Maintains | $2.5 → $1.6 | +302.21% | Nov 20, 2023 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $4.5 → $2.25 | Strong Buy | Maintains | $4.5 → $2.25 | +465.61% | Aug 21, 2023 |
Financial Forecast
Revenue This Year
6.64M
Revenue Next Year
114.84M
from 6.64M
Increased by 1,630.56%
EPS This Year
-0.23
from -1.49
EPS Next Year
-0.19
from -0.23
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 | -0.23 | -0.16 |
| Avg | -0.23 | -0.19 |
| Low | -0.23 | -0.22 |
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.