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Singing Machine Co Analyst Ratings

Benzinga ·  Nov 13, 2023 06:05
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/13/2023 443.85% Ascendiant Capital → $4 Initiates Coverage On → Buy

What is the target price for Singing Machine Co (MICS)?

The latest price target for Singing Machine Co (NASDAQ: MICS) was reported by Ascendiant Capital on November 13, 2023. The analyst firm set a price target for $4.00 expecting MICS to rise to within 12 months (a possible 443.85% upside). 1 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Singing Machine Co (MICS)?

The latest analyst rating for Singing Machine Co (NASDAQ: MICS) was provided by Ascendiant Capital, and Singing Machine Co initiated their buy rating.

When is the next analyst rating going to be posted or updated for Singing Machine Co (MICS)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Singing Machine Co, 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 Singing Machine Co was filed on November 13, 2023 so you should expect the next rating to be made available sometime around November 13, 2024.

Is the Analyst Rating Singing Machine Co (MICS) correct?

While ratings are subjective and will change, the latest Singing Machine Co (MICS) rating was a initiated with a price target of $0.00 to $4.00. The current price Singing Machine Co (MICS) is trading at is $0.74, which is within 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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