Ultralife Corporation (ULBI)
NASDAQ: ULBI · IEX Real-Time Price · USD
10.94
-0.21 (-1.88%)
At close: Jul 19, 2024, 4:30 PM
10.89
-0.05 (-0.46%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
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 27.97% from the current stock price of 10.94.
Analyst Consensus: Strong Buy
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 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $13 → $14 | Strong Buy | Maintains | $13 → $14 | +27.97% | Jun 27, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $12 → $13 | Strong Buy | Maintains | $12 → $13 | +18.83% | Mar 5, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +9.69% | Aug 8, 2023 |
| Benchmark | Benchmark | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Mar 26, 2021 |
Financial Forecast
Revenue This Year
172.89M
from 158.64M
Increased by 8.98%
Revenue Next Year
n/a
from 172.89M
EPS This Year
0.70
from 0.44
Increased by 59.95%
EPS Next Year
n/a
from 0.70
Revenue Forecast
| Revenue | 2024 |
|---|---|
| High | 178.0M |
| Avg | 172.9M |
| Low | 166.1M |
Revenue Growth
| Revenue Growth | 2024 |
|---|---|
| High | 12.2% |
| Avg | 9.0% |
| Low | 4.7% |
EPS Forecast
| EPS | 2024 |
|---|---|
| High | 0.72 |
| Avg | 0.70 |
| Low | 0.68 |
EPS Growth
| EPS Growth | 2024 |
|---|---|
| High | 64.7% |
| Avg | 60.0% |
| Low | 53.7% |
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.