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EMCORE

EMKRNASDAQ
Logo brought to you by Benzinga Data
$1.19
-0.04-2.86%
Last update: 9:58 AM
15 minutes delayed
Consensus Rating1
Outperform
Highest Price Target1
$2.50
Lowest Price Target1
$1.00
Consensus Price Target1
$2.00

EMCORE (NASDAQ:EMKR) Stock, Analyst Ratings, Price Targets, Forecasts

EMCORE Corp has a consensus price target of $2 based on the ratings of 4 analysts. The high is $2.5 issued by Lake Street on February 9, 2023. The low is $1 issued by Craig-Hallum on August 8, 2024. The 3 most-recent analyst ratings were released by Craig-Hallum, Craig-Hallum, and Alliance Global Partners on August 8, 2024, August 21, 2023, and March 28, 2023, respectively. With an average price target of $1.67 between Craig-Hallum, Craig-Hallum, and Alliance Global Partners, there's an implied 40.06% upside for EMCORE Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
0
0
0
0
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Craig-Hallum
Lake Street
Northland Capital Markets

1calculated from analyst ratings

Analyst Ratings for EMCORE

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for EMCORE (EMKR) stock?

A

The latest price target for EMCORE (NASDAQ:EMKR) was reported by Craig-Hallum on August 8, 2024. The analyst firm set a price target for $1.00 expecting EMKR to fall to within 12 months (a possible -15.97% downside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for EMCORE (EMKR)?

A

The latest analyst rating for EMCORE (NASDAQ:EMKR) was provided by Craig-Hallum, and EMCORE maintained their hold rating.

Q

When was the last upgrade for EMCORE (EMKR)?

A

The last upgrade for EMCORE Corp happened on February 9, 2023 when Lake Street raised their price target to $2.5. Lake Street previously had a hold for EMCORE Corp.

Q

When was the last downgrade for EMCORE (EMKR)?

A

The last downgrade for EMCORE Corp happened on May 9, 2024 when Alliance Global Partners changed their price target from N/A to N/A for EMCORE Corp.

Q

When is the next analyst rating going to be posted or updated for EMCORE (EMKR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of EMCORE, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for EMCORE was filed on August 8, 2024 so you should expect the next rating to be made available sometime around August 8, 2025.

Q

Is the Analyst Rating EMCORE (EMKR) correct?

A

While ratings are subjective and will change, the latest EMCORE (EMKR) rating was a maintained with a price target of $2.00 to $1.00. The current price EMCORE (EMKR) is trading at is $1.19, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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