EMCORE (EMKR) Stock Forecast, Price Target & Predictions
EMKR Stock Forecast
EMCORE (EMKR) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $2.50, with a high of $3.00 and a low of $2.00. This represents a -19.35% decline from the last price of $3.10.
EMKR Stock Rating
EMCORE stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (72.73%), 3 Hold (27.27%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
EMKR Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | EMCORE | -19.35% |
| Sector | Technology Stocks | 12.81% |
| Idea | Semiconductor Stocks List | 9.58% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $3.10 | $3.10 | $3.10 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Feb, 25 | - | - | 1 | - | - | 1 |
| Jan, 25 | - | - | 1 | - | - | 1 |
| Dec, 24 | - | 1 | 2 | - | - | 3 |
| Nov, 24 | 1 | 2 | 2 | - | - | 5 |
| Oct, 24 | 1 | 2 | 3 | - | - | 6 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 02, 2024 | Richard Shannon | Craig-Hallum | $3.00 | $2.45 | 22.45% | -3.23% |
| Dec 21, 2022 | Northland Securities | $2.00 | $1.11 | 80.18% | -35.48% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 02, 2024 | Craig-Hallum | Hold | Buy | upgrade |
| May 09, 2024 | Craig-Hallum | Buy | Hold | downgrade |
| Aug 21, 2023 | Craig-Hallum | Buy | Buy | hold |
| Mar 28, 2023 | Canaccord Genuity | Underperform | Buy | initialise |
| Feb 09, 2023 | Sidoti & Co. | Neutral | downgrade |
Financial Forecast
EPS Forecast
Annual
| Sep 21 | Sep 22 | Sep 23 | Sep 24 | Sep 25 | Sep 26 | |
|---|---|---|---|---|---|---|
| Reported | $7.54 | $-6.53 | $-14.63 | $-3.46 | - | - |
| Avg Forecast | $6.88 | $0.63 | $-5.83 | $-1.46 | $-0.38 | - |
| High Forecast | $7.35 | $0.75 | $-5.83 | $-1.46 | $-0.38 | - |
| Low Forecast | $6.40 | $0.51 | $-5.83 | $-1.46 | $-0.38 | - |
| Surprise % | 9.59% | -1136.51% | 150.94% | 136.99% | - | - |
Revenue Forecast
Annual
| Sep 21 | Sep 22 | Sep 23 | Sep 24 | Sep 25 | Sep 26 | |
|---|---|---|---|---|---|---|
| Reported | $158.44M | $124.13M | $97.72M | $85.90M | - | - |
| Avg Forecast | $157.67M | $223.67M | $102.89M | $85.20M | $94.90M | $160.00M |
| High Forecast | $166.07M | $268.41M | $102.89M | $85.20M | $94.90M | $160.00M |
| Low Forecast | $149.29M | $178.94M | $102.89M | $85.20M | $94.90M | $160.00M |
| Surprise % | 0.49% | -44.51% | -5.02% | 0.82% | - | - |
Net Income Forecast
Annual
| Sep 21 | Sep 22 | Sep 23 | Sep 24 | Sep 25 | Sep 26 | |
|---|---|---|---|---|---|---|
| Reported | $25.64M | $-24.33M | $-76.41M | $-31.24M | - | - |
| Avg Forecast | $19.78M | $14.36M | $-45.60M | $-13.17M | $-3.43M | - |
| High Forecast | $23.74M | $19.37M | $-31.91M | $-13.17M | $-3.43M | - |
| Low Forecast | $15.83M | $9.35M | $-59.29M | $-13.17M | $-3.43M | - |
| Surprise % | 29.62% | -269.42% | 67.56% | 137.20% | - | - |