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EMCORE Analyst Ratings

Benzinga ·  Aug 21, 2023 11:12
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/21/2023 222.51% Craig-Hallum $3 → $1.5 Maintains Buy
03/28/2023 437.52% Alliance Global Partners → $2.5 Initiates Coverage On → Buy
02/09/2023 437.52% Lake Street $3.5 → $2.5 Upgrades Hold → Buy
02/09/2023 437.52% Northland Capital Markets → $2.5 Upgrades Market Perform → Outperform
12/21/2022 330.02% Northland Capital Markets $3.5 → $2 Maintains Market Perform
08/10/2022 Northland Capital Markets Downgrades Outperform → Market Perform
02/10/2022 867.53% Lake Street $11 → $4.5 Downgrades Buy → Hold
05/26/2021 3340.12% Cowen & Co. → $16 Initiates Coverage On → Outperform
03/04/2021 2157.58% Craig-Hallum → $10.5 Initiates Coverage On → Buy
12/06/2019 910.54% B. Riley Securities $4.2 → $4.7 Maintains Buy
04/02/2019 B. Riley Securities Upgrades Hold → Buy
11/09/2018 1136.29% B. Riley Securities $6 → $5.75 Downgrades Buy → Neutral
10/05/2018 Northland Capital Markets Upgrades Market Perform → Outperform

What is the target price for EMCORE (EMKR)?

The latest price target for EMCORE (NASDAQ: EMKR) was reported by Craig-Hallum on August 21, 2023. The analyst firm set a price target for $1.50 expecting EMKR to rise to within 12 months (a possible 222.51% upside). 5 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for EMCORE (EMKR)?

The latest analyst rating for EMCORE (NASDAQ: EMKR) was provided by Craig-Hallum, and EMCORE maintained their buy rating.

When is the next analyst rating going to be posted or updated for EMCORE (EMKR)?

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 August 21, 2023 so you should expect the next rating to be made available sometime around August 21, 2024.

Is the Analyst Rating EMCORE (EMKR) correct?

While ratings are subjective and will change, the latest EMCORE (EMKR) rating was a maintained with a price target of $3.00 to $1.50. The current price EMCORE (EMKR) is trading at is $0.47, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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