EMCORE Corporation (EMKR)

Market Cap	21.11M
Revenue (ttm)	96.89M
Net Income (ttm)	-69.35M
Shares Out	7.73M
EPS (ttm)	-12.30
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	178,477
Open	2.990
Previous Close	2.930
Day's Range	2.625 - 2.990
52-Week Range	2.440 - 11.400
Beta	1.51
Analysts	Strong Buy
Price Target	15.00 (+449.45%)
Earnings Date	May 10, 2024

About EMKR

EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing sys...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Mar 6, 1997
• Employees: 350
• Stock Exchange: NASDAQ
• Ticker Symbol: EMKR

Financial Performance

In 2023, EMCORE's revenue was $97.72 million, an increase of 115.62% compared to the previous year's $45.32 million. Losses were -$75.36 million, 209.7% more than in 2022.

Analyst Forecast

According to one analyst, the rating for EMKR stock is "Strong Buy" and the 12-month stock price forecast is $15.0.

Price Target

$15.0

(449.45% upside)

Analyst Consensus: Strong Buy