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Electra Battery Materials

ELBMNASDAQ
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Q3 2024 Earnings were released on Fri Nov 15th, 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 (NASDAQ:ELBM) Stock, Analyst Ratings, Price Targets, Forecasts

Electra Battery Materials Corp has a consensus price target of $1.82 based on the ratings of 2 analysts. The high is $2.25 issued by Alliance Global Partners on August 21, 2023. The low is $1.4 issued by HC Wainwright & Co. on August 21, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on August 21, 2024, May 28, 2024, and November 20, 2023, respectively. With an average price target of $1.47 between HC Wainwright & Co., there's an implied 201.04% upside for Electra Battery Materials Corp from these most-recent analyst ratings.

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

Analyst Ratings for Electra Battery Materials

Data brought to you by Benzinga APIs

FAQ

Q

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

A

The latest price target for Electra Battery Materials (NASDAQ:ELBM) was reported by HC Wainwright & Co. on August 21, 2024. The analyst firm set a price target for $1.40 expecting ELBM to rise to within 12 months (a possible 187.36% upside). 2 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 reiterated 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 August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 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 reiterated with a price target of $1.40 to $1.40. The current price Electra Battery Materials (ELBM) is trading at is $0.49, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.