Electra Battery Materials Corporation (ELBM)
NASDAQ: ELBM · IEX Real-Time Price · USD
0.408
-0.006 (-1.55%)
At close: Apr 19, 2024, 3:58 PM
0.420
+0.012 (3.02%)
After-hours: Apr 19, 2024, 5:52 PM 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 1.93, with a low estimate of 1.60 and a high estimate of 2.25. The average target predicts an increase of 373.39% from the current stock price of 0.41.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 20, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 $2.5 → $1.6 | Strong Buy | Maintains | $2.5 → $1.6 | +292.45% | Nov 20, 2023 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $4.5 → $2.25 | Strong Buy | Maintains | $4.5 → $2.25 | +451.88% | Aug 21, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $4.5 → $2.5 | Strong Buy | Maintains | $4.5 → $2.5 | +513.20% | Aug 21, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +1,003.75% | Jul 6, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7.75 → $4.5 | Strong Buy | Maintains | $7.75 → $4.5 | +1,003.75% | May 12, 2023 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
6.64M
EPS This Year
-0.54
from -0.37
EPS Next Year
-0.08
from -0.54
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | n/a | 9.0M |
| Avg | n/a | 6.6M |
| Low | n/a | 4.5M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -0.56 | -0.08 | -0.11 |
| Avg | -0.54 | -0.08 | -0.10 |
| Low | -0.52 | -0.08 | -0.10 |
EPS Growth
| EPS Growth | 2023 | 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.