The Elmet Group Co. (ELMT)

NASDAQ: ELMT · Real-Time Price · USD
18.11
-0.34 (-1.84%)
At close: Jun 24, 2026, 4:00 PM EDT
17.95
-0.16 (-0.88%)
After-hours: Jun 24, 2026, 7:58 PM EDT
Market Cap542.94M
Revenue (ttm)211.26M +5.9%
Net Income2.83M
EPS0.14
Shares Out 29.98M
PE Ratio129.62
Forward PE178.07
Dividendn/a
Ex-Dividend Daten/a
Volume435,723
Open18.55
Previous Close18.45
Day's Range17.70 - 18.78
52-Week Range13.38 - 22.51
Betan/a
AnalystsStrong Buy
Price Target20.50 (+13.2%)
Earnings DateMay 29, 2026

About ELMT

The Elmet Group Co. manufactures and sells precision-engineered components and high-energy systems for the aerospace, defense and government, industrial, medical, semiconductor and electronics, and energy industries. The company operates through Critical Materials Components and Engineered Microwave Products divisions. It provides critical refractory materials, including tungsten, molybdenum, niobium, tantalum, and specialized alloys. The company also offers radio frequency and microwave components and systems, such as waveguides, circulators, ... [Read more]

IPO Date Apr 23, 2026
Employees 533
Stock Exchange NASDAQ
Ticker Symbol ELMT
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for ELMT stock is "Strong Buy." The 12-month stock price target is $20.5, which is an increase of 13.20% from the latest price.

Price Target
$20.5
(13.20% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Elmet to join Russell 3000, Russell Microcap Indexes

Elmet (ELMT) is set to join the broad-market Russell 3000 and Russell Microcap Indexes at the conclusion of the 2026 Russell indexes annual reconstitution, effective after the U.S. market opens…

1 day ago - TheFly

The Elmet Group Co. Set to Join Russell 3000® and Russell Microcap® Indexes

PORTLAND, Maine, June 23, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . (Nasdaq: ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy sys...

1 day ago - GlobeNewsWire

Elmet Technologies Awarded $4.3 Million Contract from United States Department of War

Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs Contract to Accelerate Development of Molybdenum Components for Critical Defense Programs

15 days ago - GlobeNewsWire

Microwave Techniques, a Wholly Owned Subsidiary of The Elmet Group Co., Licenses ARC Sentry Detection Technology from Brookhaven National Laboratory

GORHAM, Maine, June 02, 2026 (GLOBE NEWSWIRE) -- Microwave Techniques, an innovative manufacturer of high-power microwave components and RF solutions, and wholly-owned subsidiary of The Elmet Group Co...

22 days ago - GlobeNewsWire

The Elmet Group Co. Earnings Call Transcript: Q1 2026

Q1 2026 saw 20.7% revenue growth and record backlog, driven by strong ADG demand and CMC performance. IPO proceeds strengthened the balance sheet, enabling debt reduction and future investments, while margin expansion and strategic M&A remain key priorities.

26 days ago - Transcripts

The Elmet Group Co. Quarterly report: Q1 2026

The Elmet Group Co. has published its Q1 2026 quarterly earnings report on May 29, 2026.

26 days ago - Filings

The Elmet Group Co. Earnings release: Q1 2026

The Elmet Group Co. released its Q1 2026 earnings on May 29, 2026, summarizing the period's financial results.

26 days ago - Filings

The Elmet Group Co. Reports First Quarter 2026 Results

Demand accelerating in Aerospace, Defense & Government markets Successfully completed an upsized IPO, raising $125.5 million in net proceeds in Q2 Revenue increased nearly 21%, with over 250 basis poi...

26 days ago - GlobeNewsWire

The Elmet Group Co. to Ring Nasdaq Closing Bell on Friday, May 29, 2026

PORTLAND, Maine, May 26, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . (Nasdaq: ELMT) ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy syst...

4 weeks ago - GlobeNewsWire

The Elmet Group Co. Schedules First Quarter 2026 Earnings Call

PORTLAND, Maine, May 20, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, will hold ...

5 weeks ago - GlobeNewsWire

Cantor starts Elmet with Overweight, sees ‘timely opportunity’

Cantor Fitzgerald analyst Colin Canfield initiated coverage of Elmet (ELMT) with an Overweight rating and $20 price target Elmet is a key supplier of critical mineral processing and offers a…

5 weeks ago - TheFly

Elmet initiated with a Buy at Needham

Needham analyst James Ricchiuti initiated coverage of Elmet (ELMT) with a Buy rating and $21 price target Elmet is a vertically integrated U.S.-based manufacturer of tungsten, molybdenum and other ref...

5 weeks ago - TheFly

Elmet initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage of Elmet (ELMT) with an Overweight rating and $20 price target

5 weeks ago - TheFly

Elmet initiated with a Buy at Canaccord

Canaccord initiated coverage of Elmet (ELMT) with a Buy rating and $20 price target Elmet is a domestic leader in precision-engineered critical components, fabrication of near-net shape metal parts, a...

5 weeks ago - TheFly

Elmet initiated with a Buy at Roth Capital

Roth Capital analyst Chip Moore initiated coverage of Elmet (ELMT) with a Buy rating and $21 price target Elmet is a “unique provider” of precision engineered components and high-powered microwave…

5 weeks ago - TheFly

The Elmet Group Co. Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

PORTLAND, Maine, April 24, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today an...

2 months ago - GlobeNewsWire

Elmet opens at $18, IPO priced at $14 per share

Elmet (ELMT) priced 8.6M shares at $14.00 per share. The deal size was increased to 8.6M shares of common stock from 7.7M shares and priced at the high-end of the…

2 months ago - TheFly

The Elmet Group Co. Announces Pricing of Upsized Initial Public Offering

PORTLAND, Maine, April 22, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today an...

2 months ago - GlobeNewsWire

The Elmet Group Co. Registration statement: Registration filing

The Elmet Group Co. filed a registration statement on April 14, 2026, providing details about a securities offering with the SEC.

2 months ago - Filings

The Elmet Group Co. Announces Launch of Initial Public Offering

PORTLAND, Maine, April 14, 2026 (GLOBE NEWSWIRE) -- The Elmet Group Co . ("Elmet" or the "Company"), a U.S.-based provider of precision-engineered components and advanced high-energy systems, today an...

2 months ago - GlobeNewsWire

The Elmet Group Co. IPO Registration Document (S-1)

The Elmet Group Co. has filed to go public with an IPO on the NASDAQ

3 months ago - SEC

The Elmet Group Co. Registration statement: Registration filing

The Elmet Group Co. filed a registration statement on March 30, 2026, providing details about a securities offering with the SEC.

3 months ago - Filings

High-power microwave systems manufacturer The Elmet Group files for a $115 million IPO

The Elmet Group, which makes critical materials and high-power microwave products for aerospace and defense, filed on Monday with the SEC to raise up to $115 million in an initial public offering.

3 months ago - Renaissance Capital