Ultralife Corp has a consensus price target of $13, established from looking at the 2 latest analyst ratings. The last 2 analyst ratings were released from Benchmark and Benchmark on March 5, 2024 and August 8, 2023. With an average price target of $12.5 between Benchmark and Benchmark, there's an implied 44.18% upside for Ultralife Corp from these 2 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/05/2024 | ULBI | Buy Now | Ultralife | $8.67 | 49.94% | Benchmark | Josh Sullivan | $12 → $13 | Maintains | Buy | Get Alert |
08/08/2023 | ULBI | Buy Now | Ultralife | $8.67 | 38.41% | Benchmark | Josh Sullivan | → $12 | Reiterates | Buy → Buy | Get Alert |
The latest price target for Ultralife (NASDAQ: ULBI) was reported by Benchmark on March 5, 2024. The analyst firm set a price target for $13.00 expecting ULBI to rise to within 12 months (a possible 49.94% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Ultralife (NASDAQ: ULBI) was provided by Benchmark, and Ultralife maintained their buy rating.
There is no last upgrade for Ultralife.
There is no last downgrade for Ultralife.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ultralife, 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 Ultralife was filed on March 5, 2024 so you should expect the next rating to be made available sometime around March 5, 2025.
While ratings are subjective and will change, the latest Ultralife (ULBI) rating was a maintained with a price target of $12.00 to $13.00. The current price Ultralife (ULBI) is trading at is $8.67, which is out of the analyst’s predicted range.
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