Advent Technologies (ADN) Stock Forecast, Price Target & Predictions
ADN Stock Forecast
Advent Technologies stock forecast is as follows: an average price target of $4.00 (represents a 96.08% upside from ADN’s last price of $2.04) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
ADN Price Target
The average price target for Advent Technologies (ADN) is $4.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $4.00. This represents a potential 96.08% upside from ADN's last price of $2.04.
ADN Analyst Ratings
According to 1 Wall Street analysts, Advent Technologies's rating consensus is 'Buy'. The analyst rating breakdown for ADN stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Advent Technologies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 20, 2022 | Laurence Alexander | Jefferies | $4.00 | $2.89 | 38.41% | 96.08% |
The latest Advent Technologies stock forecast, released on Jun 20, 2022 by Laurence Alexander from Jefferies, set a price target of $4.00, which represents a 38.41% increase from the stock price at the time of the forecast ($2.89), and a 96.08% increase from ADN last price ($2.04).
Advent Technologies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $2.04 | $2.04 | $2.04 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Advent Technologies stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Advent Technologies's last price of $2.04. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 20, 2022 | Jefferies | Buy | Buy | Hold |
Advent Technologies's last stock rating was published by Jefferies on Jun 20, 2022. The company gave ADN a "Buy" rating, the same as its previous rate.
Advent Technologies Financial Forecast
Advent Technologies Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | $1.26M | $2.90M | $1.67M | $1.00M | $1.49M |
| Avg Forecast | $1.82M | $1.71M | $1.60M | $1.51M | $1.26M | $5.80M | $4.00M | $1.50M | $1.80M |
| High Forecast | $1.82M | $1.71M | $1.60M | $1.51M | $1.26M | $5.80M | $4.00M | $1.50M | $1.80M |
| Low Forecast | $1.82M | $1.71M | $1.60M | $1.51M | $1.26M | $5.80M | $4.00M | $1.50M | $1.80M |
| # Analysts | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | 1.00% | 0.50% | 0.42% | 0.67% | 0.83% |
Advent Technologies's average Quarter revenue forecast for Dec 23 based on 0 analysts is $1.51M, with a low forecast of $1.51M, and a high forecast of $1.51M. ADN's average Quarter revenue forecast represents a 19.15% increase compared to the company's last Quarter revenue of $1.26M (Sep 23).
Advent Technologies EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | $-11.53M | $-9.14M | $-11.01M | $-3.17M | $3.10M |
| Avg Forecast | $-1.82M | $-1.71M | $-1.60M | $-1.51M | $-1.26M | $-5.80M | $-6.77M | $-8.56M | $-1.80M |
| High Forecast | $-1.82M | $-1.71M | $-1.60M | $-1.51M | $-1.26M | $-5.80M | $-5.42M | $-6.85M | $-1.80M |
| Low Forecast | $-1.82M | $-1.71M | $-1.60M | $-1.51M | $-1.26M | $-5.80M | $-8.13M | $-10.27M | $-1.80M |
| Surprise % | - | - | - | - | 9.12% | 1.58% | 1.63% | 0.37% | -1.72% |
0 analysts predict ADN's average Quarter EBITDA for Jun 21 to be $-8.56M, with a high of $-6.85M and a low of $-10.27M. This is -375.79% lower than Advent Technologies's previous annual EBITDA (Mar 21) of $3.10M.
Advent Technologies Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | $-11.85M | $-9.01M | $-11.28M | $-3.14M | $2.91M |
| Avg Forecast | $3.98M | $3.46M | $4.07M | $-15.48M | $-452.79M | $-7.24M | $-6.94M | $-8.49M | $11.33M |
| High Forecast | $3.98M | $3.46M | $4.07M | $-15.48M | $-452.79M | $-7.24M | $-5.55M | $-6.79M | $13.60M |
| Low Forecast | $3.98M | $3.46M | $4.07M | $-15.48M | $-452.79M | $-7.24M | $-8.33M | $-10.18M | $9.07M |
| Surprise % | - | - | - | - | 0.03% | 1.24% | 1.63% | 0.37% | 0.26% |
Advent Technologies's average Quarter net income forecast for Jun 21 is $-8.49M, with a range of $-10.18M to $-6.79M. ADN's average Quarter net income forecast represents a -392.08% decrease compared to the company's last Quarter net income of $2.91M (Mar 21).
Advent Technologies SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | $8.92M | $14.32M | $13.04M | $6.60M | $7.92M |
| Avg Forecast | $7.85M | $7.37M | $6.92M | $6.49M | $5.54M | $22.09M | $15.23M | $5.71M | $6.85M |
| High Forecast | $7.85M | $7.37M | $6.92M | $6.49M | $5.54M | $22.09M | $15.23M | $5.71M | $6.85M |
| Low Forecast | $7.85M | $7.37M | $6.92M | $6.49M | $5.54M | $22.09M | $15.23M | $5.71M | $6.85M |
| Surprise % | - | - | - | - | 1.61% | 0.65% | 0.86% | 1.15% | 1.16% |
Advent Technologies's average Quarter SG&A projection for Dec 23 is $6.49M, based on 0 Wall Street analysts, with a range of $6.49M to $6.49M. The forecast indicates a -27.17% fall compared to ADN last annual SG&A of $8.92M (Sep 23).
Advent Technologies EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | $-0.20 | $-0.18 | $-0.23 | $-0.07 | $0.06 |
| Avg Forecast | $1.54 | $1.34 | $1.58 | $-6.00 | $-7.50 | $-0.12 | $-0.13 | $-0.03 | $-0.03 |
| High Forecast | $1.54 | $1.34 | $1.58 | $-6.00 | $-7.50 | $-0.12 | $-0.13 | $-0.03 | $-0.03 |
| Low Forecast | $1.54 | $1.34 | $1.58 | $-6.00 | $-7.50 | $-0.12 | $-0.13 | $-0.03 | $-0.03 |
| Surprise % | - | - | - | - | 0.03% | 1.50% | 1.77% | 2.33% | -2.10% |
According to 0 Wall Street analysts, Advent Technologies's projected average Quarter EPS for Jun 21 is $-0.03, with a low estimate of $-0.03 and a high estimate of $-0.03. This represents a -147.60% decrease compared to ADN previous annual EPS of $0.06 (Mar 21).
Advent Technologies Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NRGV | Energy Vault | $0.92 | $2.75 | 198.91% | Buy |
| AMPS | Altus Power | $3.36 | $8.50 | 152.98% | Buy |
| ADN | Advent Technologies | $2.04 | $4.00 | 96.08% | Buy |
| RNW | ReNew Energy Global | $6.25 | $9.00 | 44.00% | Buy |
| FLNC | Fluence Energy | $21.73 | $26.73 | 23.01% | Buy |
| CWEN | Clearway Energy | $29.16 | $35.00 | 20.03% | Buy |
| ENLT | Enlight Renewable Energy | $16.73 | $20.00 | 19.55% | - |
| AY | Atlantica Sustainable Infrastructure | $21.93 | $25.40 | 15.82% | Hold |
ADN Forecast FAQ
Is Advent Technologies a good buy?
Yes, according to 1 Wall Street analysts, Advent Technologies (ADN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of ADN's total ratings.
What is ADN's price target?
Advent Technologies (ADN) average price target is $4 with a range of $4 to $4, implying a 96.08% from its last price of $2.04. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Advent Technologies stock go up soon?
According to Wall Street analysts' prediction for ADN stock, the company can go up by 96.08% (from the last price of $2.04 to the average price target of $4), up by 96.08% based on the highest stock price target, and up by 96.08% based on the lowest stock price target.
Can Advent Technologies stock reach $3?
ADN's average twelve months analyst stock price target of $4 supports the claim that Advent Technologies can reach $3 in the near future.
What are Advent Technologies's analysts' financial forecasts?
ADN's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $2.77M (high $2.77M, low $2.77M), average EBITDA is $-2.77M (high $-2.77M, low $-2.77M), average net income is $-468M (high $-468M, low $-468M), average SG&A $12.03M (high $12.03M, low $12.03M), and average EPS is $-13.5 (high $-13.5, low $-13.5).
Did the ADN's actual financial results beat the analysts' financial forecasts?
Based on Advent Technologies's last annual report (Dec 2021), the company's revenue was $7.07M, which missed the average analysts forecast of $13.1M by -46.04%. Apple's EBITDA was $-42.91M, beating the average prediction of $-22.931M by 87.13%. The company's net income was $-20.523M, beating the average estimation of $-11.341M by 80.97%. Apple's SG&A was $41.88M, missing the average forecast of $49.89M by -16.06%. Lastly, the company's EPS was $-0.45, beating the average prediction of $-0.31 by 45.16%. In terms of the last quarterly report (Sep 2023), Advent Technologies's revenue was $1.26M, beating the average analysts' forecast of $1.26M by 0%. The company's EBITDA was $-11.533M, beating the average prediction of $-1.264M by 812.42%. Advent Technologies's net income was $-11.846M, missing the average estimation of $-453M by -97.38%. The company's SG&A was $8.92M, beating the average forecast of $5.54M by 60.93%. Lastly, the company's EPS was $-0.2, missing the average prediction of $-7.5 by -97.33%