The Elmet Group Co. (ELMT)

NASDAQ: ELMT · Real-Time Price · USD
19.30
-0.53 (-2.67%)
At close: Jun 4, 2026, 4:00 PM EDT
18.90
-0.40 (-2.07%)
After-hours: Jun 4, 2026, 7:55 PM EDT
Market Cap556.76M
Revenue (ttm)201.64M +5.9%
Net Income4.37M
EPS5.58
Shares Out 28.85M
PE Ratio3.46
Forward PE189.77
Dividendn/a
Ex-Dividend Daten/a
Volume755,575
Open19.00
Previous Close19.83
Day's Range18.41 - 19.82
52-Week Range13.38 - 22.50
Betan/a
AnalystsStrong Buy
Price Target20.50 (+6.22%)
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 534
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 6.22% from the latest price.

Price Target
$20.5
(6.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 days ago - GlobeNewsWire

The Elmet Group Co. Quarterly report: Q1 2026

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

6 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.

6 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...

6 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...

9 days 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 ...

15 days 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…

17 days 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...

17 days 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

17 days 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...

17 days 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…

17 days 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...

5 weeks 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…

6 weeks 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...

6 weeks 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.

7 weeks 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...

7 weeks 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

2 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.

2 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.

2 months ago - Renaissance Capital