Freight Technologies, Inc. (FRGT)
NASDAQ: FRGT · IEX Real-Time Price · USD
0.995
+0.081 (8.91%)
At close: Apr 26, 2024, 4:00 PM
0.990
-0.005 (-0.51%)
After-hours: Apr 26, 2024, 7:59 PM EDT
Freight Technologies Stock Forecast
FRGT's stock price has decreased by -94.04% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for FRGT stock has a target of 90, which predicts an increase of 8,944.32% from the current stock price of 1.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 1, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for FRGT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '23 | Mar '23 | Apr '23 | May '23 | Jun '23 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Strong Buy Maintains $200 → $90 | Strong Buy | Maintains | $200 → $90 | +8,944.32% | Jun 1, 2023 |
| Chardan Capital | Chardan Capital | Strong Buy Reiterates $200 | Strong Buy | Reiterates | $200 | +19,998.48% | Mar 8, 2023 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $225 → $200 | Strong Buy | Maintains | $225 → $200 | +19,998.48% | Feb 22, 2023 |
| Chardan Capital | Chardan Capital | Strong Buy Initiates $225 | Strong Buy | Initiates | $225 | +22,510.79% | Nov 14, 2022 |
Financial Forecast
Revenue This Year
26.93M
from 25.89M
Increased by 4.02%
Revenue Next Year
41.72M
from 26.93M
Increased by 54.92%
EPS This Year
-4.69
from -21.00
EPS Next Year
-3.67
from -4.69
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 27.7M | 42.9M | 66.6M |
| Avg | 26.9M | 41.7M | 64.7M |
| Low | 25.9M | 40.1M | 62.1M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 7.1% | 59.5% | 59.6% |
| Avg | 4.0% | 54.9% | 55.0% |
| Low | -0.1% | 48.8% | 48.9% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -4.83 | -3.78 | -2.42 |
| Avg | -4.69 | -3.67 | -2.35 |
| Low | -4.51 | -3.53 | -2.25 |
EPS Growth
| EPS Growth | 2023 | 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.