Ultralife Corporation (ULBI)

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 88.43% from the current stock price of 7.43.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$14	$14	$14	$14
Change	+88.43%	+88.43%	+88.43%	+88.43%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '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
Josh Sullivan Benchmark	Benchmark	Strong Buy Reiterates $14	Strong Buy	Reiterates	$14	+88.43%	Nov 15, 2024
Josh Sullivan Benchmark	Benchmark	Strong Buy Maintains $13 → $14	Strong Buy	Maintains	$13 → $14	+88.43%	Jun 27, 2024
Josh Sullivan Benchmark	Benchmark	Strong Buy Maintains $12 → $13	Strong Buy	Maintains	$12 → $13	+74.97%	Mar 5, 2024
Josh Sullivan Benchmark	Benchmark	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+61.51%	Aug 8, 2023
Josh Sullivan Benchmark	Benchmark	Strong Buy Initiates $12	Strong Buy	Initiates	$12	+61.51%	Mar 26, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

175.44M

Increased by 10.59%

from 158.64M

Revenue Next Year

190.74M

Increased by 8.72%

from 175.44M

EPS This Year

0.78

Increased by 76.18%

from 0.44

EPS Next Year

0.92

Increased by 18.42%

from 0.78

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	106.80M	107.71M	98.27M	131.84M	158.64M	175.44M	190.74M
Revenue Growth	22.49%	0.86%	-8.77%	34.17%	20.33%	10.59%	8.72%
EPS	0.32	0.33	-0.01	-0.01	0.44	0.78	0.92
EPS Growth	-79.09%	2.82%	-	-	-	76.18%	18.42%
Forward PE	-	-	-	-	-	9.58	8.09
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	180.6M	196.4M
Avg	175.4M	190.7M
Low	168.6M	183.3M

Revenue Growth

Revenue Growth	2024	2025
High	13.8%	11.9%
Avg	10.6%	8.7%
Low	6.3%	4.5%

EPS Forecast

EPS	2024	2025
High	0.80	0.95
Avg	0.78	0.92
Low	0.74	0.88

EPS Growth

EPS Growth	2024	2025
High	81.4%	21.9%
Avg	76.2%	18.4%
Low	69.3%	13.8%

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.