Ultralife Corporation (ULBI)
NASDAQ: ULBI · Real-Time Price · USD
7.29
+0.01 (0.14%)
Dec 20, 2024, 4:00 PM EST - Market closed
Ultralife Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Ultralife stock has a target of 14, which predicts an increase of 92.04% from the current stock price of 7.29.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 15, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Ultralife 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +92.04% | Nov 15, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $13 → $14 | Strong Buy | Maintains | $13 → $14 | +92.04% | Jun 27, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $12 → $13 | Strong Buy | Maintains | $12 → $13 | +78.33% | Mar 5, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +64.61% | Aug 8, 2023 |
| Benchmark | Benchmark | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +64.61% | Mar 26, 2021 |
Financial Forecast
Revenue This Year
163.81M
from 158.64M
Increased by 3.26%
Revenue Next Year
222.87M
from 163.81M
Increased by 36.05%
EPS This Year
0.58
from 0.44
Increased by 32.14%
EPS Next Year
0.94
from 0.58
Increased by 61.40%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 168.6M | 229.4M |
| Avg | 163.8M | 222.9M |
| Low | 157.4M | 214.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 6.3% | 40.1% |
| Avg | 3.3% | 36.1% |
| Low | -0.8% | 30.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.60 | 0.97 |
| Avg | 0.58 | 0.94 |
| Low | 0.56 | 0.90 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 36.0% | 66.2% |
| Avg | 32.1% | 61.4% |
| Low | 27.0% | 55.1% |
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.