Embark Technology, Inc. (EMBK)
Aug 2, 2023 - EMBK was delisted (reason: acquired by Applied Intuition)
2.880
0.00 (0.00%)
Inactive · Last trade price
on Aug 1, 2023
Embark Technology Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Embark Technology stock had an average target of 3.50, with a low estimate of 3.00 and a high estimate of 4.00.
Analyst Consensus: Hold
* Price targets were last updated on Mar 7, 2023.
Analyst Ratings
The average analyst rating for EMBK stock from 2 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Mar '23 | Apr '23 | May '23 | Jun '23 | Jul '23 | Aug '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy → Hold Downgrades $15 → $3 | Buy → Hold | Downgrades | $15 → $3 | +4.17% | Mar 7, 2023 |
| Vertical Research | Vertical Research | Strong Buy → Hold Downgrades $4 | Strong Buy → Hold | Downgrades | $4 | +38.89% | Mar 6, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $220 → $120 | Strong Buy | Maintains | $220 → $120 | +4,066.67% | May 11, 2022 |
| Vertical Research | Vertical Research | Strong Buy Initiates $400 | Strong Buy | Initiates | $400 | +13,788.89% | Apr 26, 2022 |
| Keybanc | Keybanc | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jan 11, 2022 |
Financial Forecast
Revenue This Year
n/a
Revenue Next Year
65.28M
EPS This Year
-7.53
from -4.49
EPS Next Year
-7.20
from -7.53
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | n/a | 67.2M | 86.1M |
| Avg | n/a | 65.3M | 83.6M |
| Low | n/a | 62.7M | 80.4M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | - | - | 31.9% |
| Avg | - | - | 28.1% |
| Low | - | - | 23.1% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -7.75 | -7.41 |
| Avg | -7.53 | -7.20 |
| Low | -7.23 | -6.92 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| 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.