Electra Battery Materials
(NASDAQ:ELBM)
$0.4611
-0.0159[-3.33%]
At close: May 28
$0.4611
0[0.00%]
After Hours: 4:32PM EDT
Q1 2024 Earnings were released on Fri May 24th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$2.25
Lowest Price Target1
$1.40
Consensus Price Target1
$1.82

Electra Battery Materials Stock (NASDAQ:ELBM), Analyst Ratings, Price Targets, Predictions

Electra Battery Materials Corp has a consensus price target of $1.82, established from looking at the 9 latest analyst ratings. The last 3 analyst ratings were released from HC Wainwright & Co., HC Wainwright & Co., and Alliance Global Partners on May 28, 2024, November 20, 2023, and August 21, 2023. With an average price target of $1.75 between HC Wainwright & Co., HC Wainwright & Co., and Alliance Global Partners, there's an implied 279.53% upside for Electra Battery Materials Corp from these 3 analyst ratings.

Analyst Trend
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Alliance Global Partners

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Electra Battery Materials

Buy NowGet Alert
05/28/2024Buy Now203.62%HC Wainwright & Co.
Heiko Ihle
$1.6 → $1.4MaintainsBuyGet Alert
11/20/2023Buy Now247%HC Wainwright & Co.
Heiko Ihle
$2.5 → $1.6MaintainsBuyGet Alert
08/21/2023Buy Now387.96%Alliance Global Partners
Jake Sekelsky
$4.5 → $2.25MaintainsBuyGet Alert
08/21/2023Buy Now442.18%HC Wainwright & Co.
Heiko Ihle
$4.5 → $2.5MaintainsBuyGet Alert
07/06/2023Buy Now875.93%HC Wainwright & Co.
Heiko Ihle
→ $4.5ReiteratesBuy → BuyGet Alert
05/12/2023Buy Now875.93%HC Wainwright & Co.
Heiko Ihle
$7.75 → $4.5MaintainsBuyGet Alert
02/22/2023Buy Now1580.76%HC Wainwright & Co.
Heiko Ihle
→ $7.75Reiterates → BuyGet Alert
11/16/2022Buy Now1580.76%HC Wainwright & Co.
Heiko Ihle
→ $7.75Initiates → BuyGet Alert
04/28/2022Buy Now2285.6%Alliance Global Partners
Jake Sekelsky
→ $11Initiates → BuyGet Alert

FAQ

Q

What is the target price for Electra Battery Materials (ELBM)?

A

The latest price target for Electra Battery Materials (NASDAQ: ELBM) was reported by HC Wainwright & Co. on May 28, 2024. The analyst firm set a price target for $1.40 expecting ELBM to rise to within 12 months (a possible 203.62% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Electra Battery Materials (ELBM)?

A

The latest analyst rating for Electra Battery Materials (NASDAQ: ELBM) was provided by HC Wainwright & Co., and Electra Battery Materials maintained their buy rating.

Q

When was the last upgrade for Electra Battery Materials (ELBM)?

A

There is no last upgrade for Electra Battery Materials.

Q

When was the last downgrade for Electra Battery Materials (ELBM)?

A

There is no last downgrade for Electra Battery Materials.

Q

When is the next analyst rating going to be posted or updated for Electra Battery Materials (ELBM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Electra Battery Materials, 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 Electra Battery Materials was filed on May 28, 2024 so you should expect the next rating to be made available sometime around May 28, 2025.

Q

Is the Analyst Rating Electra Battery Materials (ELBM) correct?

A

While ratings are subjective and will change, the latest Electra Battery Materials (ELBM) rating was a maintained with a price target of $1.60 to $1.40. The current price Electra Battery Materials (ELBM) is trading at is $0.46, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.