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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.
1calculated from analyst ratings
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.
The latest analyst rating for Electra Battery Materials (NASDAQ:ELBM) was provided by HC Wainwright & Co., and Electra Battery Materials reiterated their buy rating.
There is no last upgrade for Electra Battery Materials
There is no last downgrade for Electra Battery Materials.
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.
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.
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