Emcore Corporation (EMKR)
NASDAQ: EMKR · Real-Time Price · USD
3.000
+0.040 (1.35%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 no change from the current stock price of 3.00.
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 is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 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 | n/a | Oct 2, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $2 → $1 | Hold | Maintains | $2 → $1 | -66.67% | 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 | +400.00% | Aug 21, 2023 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | +733.33% | Mar 28, 2023 |
Financial Forecast
Revenue This Year
85.84M
from 97.72M
Decreased by -12.16%
Revenue Next Year
91.91M
from 85.84M
Increased by 7.07%
EPS This Year
-0.85
from -14.64
EPS Next Year
-0.39
from -0.85
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 89.5M | 99.6M |
| Avg | 85.8M | 91.9M |
| Low | 80.6M | 83.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -8.4% | 16.1% |
| Avg | -12.2% | 7.1% |
| Low | -17.5% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.22 | -0.40 |
| Avg | -0.85 | -0.39 |
| Low | -1.43 | -0.37 |
EPS Growth
| EPS Growth | 2024 | 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.