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 205.01% from the current stock price of 4.59.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$14	$14	$14	$14
Change	+205.01%	+205.01%	+205.01%	+205.01%

* 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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
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
Josh Sullivan Benchmark	Benchmark	Strong Buy Reiterates $14	Strong Buy	Reiterates	$14	+205.01%	Nov 15, 2024
Josh Sullivan Benchmark	Benchmark	Strong Buy Maintains $13 → $14	Strong Buy	Maintains	$13 → $14	+205.01%	Jun 27, 2024
Josh Sullivan Benchmark	Benchmark	Strong Buy Maintains $12 → $13	Strong Buy	Maintains	$12 → $13	+183.22%	Mar 5, 2024
Josh Sullivan Benchmark	Benchmark	Strong Buy Reiterates $12	Strong Buy	Reiterates	$12	+161.44%	Aug 8, 2023
Josh Sullivan Benchmark	Benchmark	Strong Buy Initiates $12	Strong Buy	Initiates	$12	+161.44%	Mar 26, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

222.87M

from 164.46M

35.52%

from 164.46M

Revenue Next Year

n/a

from 222.87M

EPS This Year

0.94

from 0.38

146.95%

from 0.38

EPS Next Year

n/a

from 0.94

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	107.71M	98.27M	131.84M	158.64M	164.46M	222.87M
Revenue Growth	0.86%	-8.77%	34.17%	20.33%	3.66%	35.52%
EPS	0.33	-0.01	-0.01	0.44	0.38	0.94
EPS Growth	2.82%	-	-	-	-13.64%	146.95%
Forward PE	-	-	-	-	-	4.89
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2025
High	229.4M
Avg	222.9M
Low	214.1M

Revenue Growth

Revenue Growth	2025
High	39.5%
Avg	35.5%
Low	30.2%

EPS Forecast

EPS	2025
High	0.97
Avg	0.94
Low	0.90

EPS Growth

EPS Growth	2025
High	154.2%
Avg	146.9%
Low	137.3%

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.