Emcore Corporation (EMKR)
   Feb 28, 2025 - EMKR was delisted (reason: acquired by Velocity One)
3.095
 +0.025 (0.81%)
   Inactive · Last trade price on Feb 28, 2025
Emcore Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Emcore stock has a target of 3.00, which predicts a -3.07% decrease from the current stock price of 3.1.
Price Target: $3.00 (-3.07%)
Analyst Consensus: Buy
* Price targets were last updated on Oct 2, 2024.
Analyst Ratings
The average analyst rating for Emcore stock from 2 stock analysts was "Buy". This means that analysts believed this stock was likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | 
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 | 
| Buy | 0 | 0 | 0 | 0 | 0 | 0 | 
| Hold | 2 | 1 | 1 | 1 | 1 | 1 | 
| 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 | 
|---|---|---|---|---|---|---|---|
|   Craig-Hallum   | Craig-Hallum | Hold → Strong Buy  Upgrades  $1 → $3  | Hold → Strong Buy | Upgrades | $1 → $3 | -3.07% | Oct 2, 2024 | 
|   Craig-Hallum   | Craig-Hallum | Hold  Maintains  $2 → $1  | Hold | Maintains | $2 → $1 | -67.69% | Aug 8, 2024 | 
|   Alliance Global Partners   | Alliance Global Partners | Strong Buy → Hold  Downgrades  n/a  | Strong Buy → Hold | Downgrades | n/a | n/a | May 9, 2024 | 
|   Craig-Hallum   | Craig-Hallum | Strong Buy  Maintains  $30 → $15  | Strong Buy | Maintains | $30 → $15 | +384.65% | Aug 21, 2023 | 
|   Alliance Global Partners   | Alliance Global Partners | Strong Buy  Initiates  $25  | Strong Buy | Initiates | $25 | +707.75% | Mar 28, 2023 | 
Financial Forecast
Revenue This Year
 96.80M 
 from 85.90M
 Increased by 12.69%
Revenue Next Year
 n/a 
 from 96.80M
EPS This Year
 -0.39 
 from -3.47
EPS Next Year
 n/a 
 from -0.39
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 
|---|---|
| High | 99.6M | 
| Avg | 96.8M | 
| Low | 93.0M | 
Revenue Growth
| Revenue Growth | 2025 | 
|---|---|
| High | 16.0%  | 
| Avg | 12.7%  | 
| Low | 8.3%  | 
EPS Forecast
| EPS | 2025 | 
|---|---|
| High | -0.40 | 
| Avg | -0.39 | 
| Low | -0.37 | 
EPS Growth
| EPS Growth | 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.