EMCORE Corp has a consensus price target of $2.67 based on the ratings of 4 analysts. The high is $3 issued by Craig-Hallum on October 2, 2024. The low is $2.5 issued by Lake Street on February 9, 2023. The 3 most-recent analyst ratings were released by Craig-Hallum on October 2, 2024, August 8, 2024, and August 21, 2023, respectively. With an average price target of $1.83 between Craig-Hallum, there's an implied -38.27% downside for EMCORE Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for EMCORE (NASDAQ:EMKR) was reported by Craig-Hallum on October 2, 2024. The analyst firm set a price target for $3.00 expecting EMKR to rise to within 12 months (a possible 1.01% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for EMCORE (NASDAQ:EMKR) was provided by Craig-Hallum, and EMCORE upgraded their buy rating.
The last upgrade for EMCORE Corp happened on October 2, 2024 when Craig-Hallum raised their price target to $3. Craig-Hallum previously had a hold for EMCORE Corp.
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.
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 October 2, 2024 so you should expect the next rating to be made available sometime around October 2, 2025.
While ratings are subjective and will change, the latest EMCORE (EMKR) rating was a upgraded with a price target of $1.00 to $3.00. The current price EMCORE (EMKR) is trading at is $2.97, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.