Cemtrex (CETX) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

CETX Stock Forecast

Cemtrex stock forecast is as follows: an average price target of $24.63K (represents a 737414.97% upside from CETX’s last price of $3.34) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

CETX Price Target

The average price target for Cemtrex (CETX) is $24.63K based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $24.63K to $24.63K. This represents a potential 737414.97% upside from CETX's last price of $3.34.

CETX Analyst Ratings

Buy

According to 2 Wall Street analysts, Cemtrex's rating consensus is 'Buy'. The analyst rating breakdown for CETX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Cemtrex Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Feb 06, 2023		Raymond James	$24.63K	$10.49K	134.93%	737414.97%

The latest Cemtrex stock forecast, released on Feb 06, 2023 by Raymond James company, set a price target of $24.63K, which represents a 134.93% increase from the stock price at the time of the forecast ($10.49K), and a 737414.97% increase from CETX last price ($3.34).

Cemtrex Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$3.34	$3.34	$3.34
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Cemtrex stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cemtrex's last price of $3.34. 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
Feb 06, 2023	Dawson James	Buy	Buy	Hold
Mar 10, 2021	Alliance Global Partners	Buy	Buy	Hold

Cemtrex's last stock rating was published by Dawson James on Feb 06, 2023. The company gave CETX a "Buy" rating, the same as its previous rate.

Cemtrex Financial Forecast

Cemtrex Revenue Forecast

	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
Revenue	-	-	-	-	-	$14.73M	$16.07M	$11.97M	$13.24M	$13.63M	$12.73M	$10.67M	$14.71M	$10.33M	$9.26M	$8.84M	$10.74M	$8.44M	$12.11M	$12.22M	$-24.08M	$22.45M	$23.61M	$20.60M	$30.50M	$18.91M
Avg Forecast	$17.94M	$17.07M	$16.39M	$15.79M	$15.04M	$14.45M	$13.88M	$13.30M	$12.73M	$10.86M	$9.58M	$9.20M	$11.72M	$10.06M	$8.29M	$7.83M	$8.80M	$33.42M	$32.73M	$31.73M	$29.50M	$22.90M	$24.29M	$10.30M	$305.00M	$37.82M
High Forecast	$17.94M	$17.07M	$16.39M	$15.79M	$15.04M	$14.45M	$13.88M	$13.30M	$12.73M	$10.86M	$9.58M	$9.20M	$11.72M	$10.06M	$8.29M	$7.83M	$8.80M	$33.42M	$32.73M	$31.73M	$29.50M	$22.90M	$29.15M	$12.36M	$366.00M	$45.38M
Low Forecast	$17.94M	$17.07M	$16.39M	$15.79M	$15.04M	$14.45M	$13.88M	$13.30M	$12.73M	$10.86M	$9.58M	$9.20M	$11.72M	$10.06M	$8.29M	$7.83M	$8.80M	$33.42M	$32.73M	$31.73M	$29.50M	$22.90M	$19.43M	$8.24M	$244.00M	$30.26M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	10	9	9	9	20	10	12	7
Surprise %	-	-	-	-	-	1.02%	1.16%	0.90%	1.04%	1.26%	1.33%	1.16%	1.25%	1.03%	1.12%	1.13%	1.22%	0.25%	0.37%	0.39%	-0.82%	0.98%	0.97%	2.00%	0.10%	0.50%

Cemtrex's average Quarter revenue forecast for Sep 23 based on 1 analysts is $15.04M, with a low forecast of $15.04M, and a high forecast of $15.04M. CETX's average Quarter revenue forecast represents a 2.12% increase compared to the company's last Quarter revenue of $14.73M (Jun 23).

Cemtrex EBITDA Forecast

	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	10	9	9	9	20	10	12	7
EBITDA	-	-	-	-	-	$338.31K	$781.38K	$-1.44M	$-2.43M	$96.47K	$-2.76M	$-2.60M	$-7.85M	$2.08M	$3.97M	$-507.36K	$598.80K	$-1.66M	$540.95K	$1.18M	$-15.43M	$1.36M	$-991.14K	$1.55M	$1.08M	$1.46M
Avg Forecast	$-328.53K	$-312.53K	$-300.04K	$-289.16K	$-275.43K	$-264.66K	$-254.08K	$-243.50K	$-102.21K	$-87.18K	$-76.92K	$-73.89K	$-94.11K	$-80.78K	$-66.55K	$-62.89K	$-70.66K	$-268.38K	$-262.76K	$-254.73K	$-236.87K	$-183.87K	$-1.35M	$1.71M	$1.84M	$1.98M
High Forecast	$-328.53K	$-312.53K	$-300.04K	$-289.16K	$-275.43K	$-264.66K	$-254.08K	$-243.50K	$-102.21K	$-87.18K	$-76.92K	$-73.89K	$-94.11K	$-80.78K	$-66.55K	$-62.89K	$-70.66K	$-268.38K	$-262.76K	$-254.73K	$-236.87K	$-183.87K	$-1.08M	$2.05M	$2.21M	$2.37M
Low Forecast	$-328.53K	$-312.53K	$-300.04K	$-289.16K	$-275.43K	$-264.66K	$-254.08K	$-243.50K	$-102.21K	$-87.18K	$-76.92K	$-73.89K	$-94.11K	$-80.78K	$-66.55K	$-62.89K	$-70.66K	$-268.38K	$-262.76K	$-254.73K	$-236.87K	$-183.87K	$-1.62M	$1.36M	$1.48M	$1.58M
Surprise %	-	-	-	-	-	-1.28%	-3.08%	5.90%	23.77%	-1.11%	35.89%	35.12%	83.40%	-25.73%	-59.70%	8.07%	-8.47%	6.20%	-2.06%	-4.63%	65.14%	-7.41%	0.73%	0.91%	0.58%	0.74%

1 analysts predict CETX's average Quarter EBITDA for Sep 23 to be $-275.43K, with a high of $-275.43K and a low of $-275.43K. This is -181.41% lower than Cemtrex's previous annual EBITDA (Jun 23) of $338.31K.

Cemtrex Net Income Forecast

	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	10	9	9	9	20	10	12	7
Net Income	-	-	-	-	-	$-1.15M	$-677.24K	$-6.28M	$-3.23M	$-731.70K	$-5.70M	$-5.94M	$-9.67M	$1.10M	$2.45M	$-1.69M	$-3.28M	$-4.45M	$-1.87M	$-139.25K	$-16.28M	$-1.93M	$-1.98M	$423.47K	$413.47K	$829.90K
Avg Forecast	$7.73M	$-27.06M	$-27.06M	$-332.44M	$-1.39B	$-96.64M	$-30.93M	$-661.02M	$39.86M	$36.19M	$44.78M	$59.29M	$-10.53B	$-9.87B	$-18.43B	$-19.09B	$-11.19B	$21.06B	$-26.33B	$-10.53B	$-21.06B	$-152.72B	$-2.71M	$465.82K	$707.03K	$1.12M
High Forecast	$7.73M	$-27.06M	$-27.06M	$-332.44M	$-1.39B	$-96.64M	$-30.93M	$-661.02M	$39.86M	$36.19M	$44.78M	$59.29M	$-10.53B	$-9.87B	$-18.43B	$-19.09B	$-11.19B	$21.06B	$-26.33B	$-10.53B	$-21.06B	$-152.72B	$-2.17M	$558.98K	$848.44K	$1.34M
Low Forecast	$7.73M	$-27.06M	$-27.06M	$-332.44M	$-1.39B	$-96.64M	$-30.93M	$-661.02M	$39.86M	$36.19M	$44.78M	$59.29M	$-10.53B	$-9.87B	$-18.43B	$-19.09B	$-11.19B	$21.06B	$-26.33B	$-10.53B	$-21.06B	$-152.72B	$-3.25M	$372.65K	$565.62K	$896.29K
Surprise %	-	-	-	-	-	0.01%	0.02%	0.01%	-0.08%	-0.02%	-0.13%	-0.10%	0.00%	-0.00%	-0.00%	0.00%	0.00%	-0.00%	0.00%	0.00%	0.00%	0.00%	0.73%	0.91%	0.58%	0.74%

Cemtrex's average Quarter net income forecast for Sep 21 is $-10.53B, with a range of $-10.53B to $-10.53B. CETX's average Quarter net income forecast represents a -959329.75% decrease compared to the company's last Quarter net income of $1.10M (Jun 21).

Cemtrex SG&A Forecast

	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	10	9	9	9	20	10	12	7
SG&A	-	-	-	-	-	$5.38M	$5.32M	$5.46M	$7.44M	$6.95M	$6.76M	$6.61M	$6.20M	$5.67M	$5.25M	$5.42M	$5.38M	$5.61M	$5.73M	$4.85M	$-7.41M	$8.75M	$11.95M	$7.43M	$8.59M	$4.94M
Avg Forecast	$9.05M	$8.61M	$8.26M	$7.96M	$7.59M	$7.29M	$7.00M	$6.71M	$6.42M	$5.48M	$4.83M	$4.64M	$5.91M	$5.07M	$4.18M	$3.95M	$4.44M	$16.86M	$16.50M	$16.00M	$14.88M	$11.55M	$16.32M	$8.18M	$14.70M	$6.67M
High Forecast	$9.05M	$8.61M	$8.26M	$7.96M	$7.59M	$7.29M	$7.00M	$6.71M	$6.42M	$5.48M	$4.83M	$4.64M	$5.91M	$5.07M	$4.18M	$3.95M	$4.44M	$16.86M	$16.50M	$16.00M	$14.88M	$11.55M	$19.58M	$9.81M	$17.64M	$8.00M
Low Forecast	$9.05M	$8.61M	$8.26M	$7.96M	$7.59M	$7.29M	$7.00M	$6.71M	$6.42M	$5.48M	$4.83M	$4.64M	$5.91M	$5.07M	$4.18M	$3.95M	$4.44M	$16.86M	$16.50M	$16.00M	$14.88M	$11.55M	$13.06M	$6.54M	$11.76M	$5.33M
Surprise %	-	-	-	-	-	0.74%	0.76%	0.81%	1.16%	1.27%	1.40%	1.42%	1.05%	1.12%	1.26%	1.37%	1.21%	0.33%	0.35%	0.30%	-0.50%	0.76%	0.73%	0.91%	0.58%	0.74%

Cemtrex's average Quarter SG&A projection for Sep 23 is $7.59M, based on 1 Wall Street analysts, with a range of $7.59M to $7.59M. The forecast indicates a 41.09% rise compared to CETX last annual SG&A of $5.38M (Jun 23).

Cemtrex EPS Forecast

	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17	Mar 16
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	10	10	10	10	10	9	9	9	20	10	12	7
EPS	-	-	-	-	-	$-1.28	$-0.83	$-8.24	$-4.55	$-0.99	$-8.29	$-0.01	$-0.01	-	-	$-0.00	$-0.01	$-0.01	$-0.01	$-0.00	$-0.11	$-0.03	$-0.03	$0.01	$0.01	$0.02
Avg Forecast	$42.00	$-147.00	$-147.00	$-1.81K	$-7.54K	$-525.00	$-168.00	$-3.59K	$1.27	$1.15	$1.43	$1.89	$-336.00	$-315.00	$-588.00	$-609.00	$-357.00	$672.00	$-840.00	$-336.00	$-672.00	$-4.87K	$-3.17	$0.18	$0.17	$0.27
High Forecast	$42.00	$-147.00	$-147.00	$-1.81K	$-7.54K	$-525.00	$-168.00	$-3.59K	$1.27	$1.15	$1.43	$1.89	$-336.00	$-315.00	$-588.00	$-609.00	$-357.00	$672.00	$-840.00	$-336.00	$-672.00	$-4.87K	$-2.53	$0.21	$0.21	$0.32
Low Forecast	$42.00	$-147.00	$-147.00	$-1.81K	$-7.54K	$-525.00	$-168.00	$-3.59K	$1.27	$1.15	$1.43	$1.89	$-336.00	$-315.00	$-588.00	$-609.00	$-357.00	$672.00	$-840.00	$-336.00	$-672.00	$-4.87K	$-3.80	$0.14	$0.14	$0.22
Surprise %	-	-	-	-	-	0.00%	0.00%	0.00%	-3.58%	-0.86%	-5.80%	-0.00%	0.00%	-0.00%	-0.00%	0.00%	0.00%	-0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.05%	0.05%	0.08%

According to 1 Wall Street analysts, Cemtrex's projected average Quarter EPS for Sep 21 is $-336.00, with a low estimate of $-336.00 and a high estimate of $-336.00. This represents a -20040555.34% decrease compared to CETX previous annual EPS of - (Jun 21).

Cemtrex Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CETX	Cemtrex	$3.16	$24.63K	779425.32%	Buy
GCT	GigaCloud	$19.69	$50.00	153.94%	Buy
ZENV	Zenvia	$1.68	$3.35	99.40%	Buy
BLZE	Backblaze	$6.83	$10.50	53.73%	Buy
CINT	CI&T	$6.16	$8.43	36.85%	Buy
IIIV	i3 Verticals	$22.47	$30.00	33.51%	Buy
JG	Aurora Mobile	$6.89	$7.00	1.60%	Buy
TLS	Telos	$3.79	$3.83	1.06%	Hold
ARQQ	Arqit Quantum	$33.00	$14.00	-57.58%	Buy

CETX Forecast FAQ

Is Cemtrex a good buy?

Yes, according to 2 Wall Street analysts, Cemtrex (CETX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of CETX's total ratings.

What is CETX's price target?

Cemtrex (CETX) average price target is $24.63K with a range of $24.63K to $24.63K, implying a 737414.97% from its last price of $3.34. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Cemtrex stock go up soon?

According to Wall Street analysts' prediction for CETX stock, the company can go up by 737414.97% (from the last price of $3.34 to the average price target of $24.63K), up by 737414.97% based on the highest stock price target, and up by 737414.97% based on the lowest stock price target.

Can Cemtrex stock reach $5?

CETX's average twelve months analyst stock price target of $24.63K supports the claim that Cemtrex can reach $5 in the near future.

What are Cemtrex's analysts' financial forecasts?

CETX's analysts financial forecasts for the fiscal year (Sep 2024) are as follows: average revenue is $67.19M (high $67.19M, low $67.19M), average EBITDA is $-1.23M (high $-1.23M, low $-1.23M), average net income is $-379M (high $-379M, low $-379M), average SG&A $33.89M (high $33.89M, low $33.89M), and average EPS is $-2.058K (high $-2.058K, low $-2.058K).

Did the CETX's actual financial results beat the analysts' financial forecasts?

Based on Cemtrex's last annual report (Sep 2023), the company's revenue was $59.37M, beating the average analysts forecast of $56.67M by 4.76%. Apple's EBITDA was $-6.395M, beating the average prediction of $-1.038M by 516.32%. The company's net income was $-9.197M, missing the average estimation of $-2.176B by -99.58%. Apple's SG&A was $23.93M, missing the average forecast of $28.58M by -16.27%. Lastly, the company's EPS was $-349, missing the average prediction of $-11.823K by -97.04%. In terms of the last quarterly report (Jun 2023), Cemtrex's revenue was $14.73M, beating the average analysts' forecast of $14.45M by 1.91%. The company's EBITDA was $338.31K, missing the average prediction of $-265K by -227.83%. Cemtrex's net income was $-1.147M, missing the average estimation of $-96.641M by -98.81%. The company's SG&A was $5.38M, missing the average forecast of $7.29M by -26.24%. Lastly, the company's EPS was $-1.28, missing the average prediction of $-525 by -99.76%