Movella Holdings Inc has a consensus price target of $2.45 based on the ratings of 2 analysts. The high is $2.5 issued by Stifel on October 19, 2023. The low is $2.4 issued by Needham on September 7, 2023. The 3 most-recent analyst ratings were released by Stifel, Needham, and Needham on October 19, 2023, September 7, 2023, and August 10, 2023, respectively. With an average price target of $2.43 between Stifel, Needham, and Needham, there's an implied 10960.61% upside for Movella Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Movella Holdings (OTCEM:MVLA) was reported by Stifel on October 19, 2023. The analyst firm set a price target for $2.50 expecting MVLA to rise to within 12 months (a possible 11263.64% upside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Movella Holdings (OTCEM:MVLA) was provided by Stifel, and Movella Holdings maintained their buy rating.
There is no last upgrade for Movella Holdings
There is no last downgrade for Movella Holdings.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Movella Holdings, 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 Movella Holdings was filed on October 19, 2023 so you should expect the next rating to be made available sometime around October 19, 2024.
While ratings are subjective and will change, the latest Movella Holdings (MVLA) rating was a maintained with a price target of $4.00 to $2.50. The current price Movella Holdings (MVLA) is trading at is $0.02, which is out of the analyst’s predicted range.
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