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AMMO Inc has a consensus price target of $2.67 based on the ratings of 3 analysts. The high is $3.5 issued by EF Hutton on June 15, 2023. The low is $1.5 issued by Roth MKM on September 27, 2024. The 3 most-recent analyst ratings were released by Roth MKM on September 27, 2024, August 12, 2024, and June 17, 2024, respectively. With an average price target of $1.7 between Roth MKM, there's an implied 39.33% upside for AMMO Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for AMMO (NASDAQ:POWW) was reported by Roth MKM on September 27, 2024. The analyst firm set a price target for $1.50 expecting POWW to rise to within 12 months (a possible 22.94% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for AMMO (NASDAQ:POWW) was provided by Roth MKM, and AMMO maintained their neutral rating.
There is no last upgrade for AMMO
The last downgrade for AMMO Inc happened on November 15, 2022 when Roth Capital changed their price target from $6 to $3 for AMMO Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AMMO, 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 AMMO was filed on September 27, 2024 so you should expect the next rating to be made available sometime around September 27, 2025.
While ratings are subjective and will change, the latest AMMO (POWW) rating was a maintained with a price target of $1.60 to $1.50. The current price AMMO (POWW) is trading at is $1.22, which is out of the analyst’s predicted range.
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