Cemtrex (CETX) Stock Forecast, Price Target & Predictions
CETX Stock Forecast
Cemtrex stock forecast is as follows: an average price target of $23.00 (represents a 10279.06% upside from CETX’s last price of $0.22) 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 $23.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $23.00. This represents a potential 10279.06% upside from CETX's last price of $0.22.
CETX Analyst Ratings
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 | $23.00 | $9.79 | 134.93% | 10279.06% |
The latest Cemtrex stock forecast, released on Feb 06, 2023 by Raymond James company, set a price target of $23.00, which represents a 134.93% increase from the stock price at the time of the forecast ($9.79), and a 10279.06% increase from CETX last price ($0.22).
Cemtrex Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $0.22 | $0.22 | $0.22 |
| 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 $0.22. 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 | $-144.06K | $-137.05K | $-131.57K | $-126.80K | $-120.78K | $-116.06K | $-111.42K | $-106.78K | $-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 | $-144.06K | $-137.05K | $-131.57K | $-126.80K | $-120.78K | $-116.06K | $-111.42K | $-106.78K | $-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 | $-144.06K | $-137.05K | $-131.57K | $-126.80K | $-120.78K | $-116.06K | $-111.42K | $-106.78K | $-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 % | - | - | - | - | - | -2.92% | -7.01% | 13.46% | 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 $-120.78K, with a high of $-120.78K and a low of $-120.78K. This is -135.70% 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 | $37.62M | $-131.66M | $-131.66M | $-1.62B | $-6.75B | $-470.20M | $-150.46M | $-3.22B | $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 | $37.62M | $-131.66M | $-131.66M | $-1.62B | $-6.75B | $-470.20M | $-150.46M | $-3.22B | $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 | $37.62M | $-131.66M | $-131.66M | $-1.62B | $-6.75B | $-470.20M | $-150.46M | $-3.22B | $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 % | - | - | - | - | - | 0.00% | 0.00% | 0.00% | -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 | $1.20 | $-4.20 | $-4.20 | $-51.60 | $-215.40 | $-15.00 | $-4.80 | $-102.60 | $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 | $1.20 | $-4.20 | $-4.20 | $-51.60 | $-215.40 | $-15.00 | $-4.80 | $-102.60 | $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 | $1.20 | $-4.20 | $-4.20 | $-51.60 | $-215.40 | $-15.00 | $-4.80 | $-102.60 | $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 % | - | - | - | - | - | 0.09% | 0.17% | 0.08% | -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 | $0.22 | $23.00 | 10354.55% | Buy |
| ZENV | Zenvia | $1.21 | $3.35 | 176.86% | Buy |
| ARQQ | Arqit Quantum | $5.86 | $14.00 | 138.91% | Buy |
| GCT | GigaCloud | $22.69 | $50.00 | 120.36% | Buy |
| BLZE | Backblaze | $7.32 | $10.50 | 43.44% | Buy |
| TLS | Telos | $3.82 | $5.13 | 34.29% | Hold |
| IIIV | i3 Verticals | $23.19 | $28.33 | 22.16% | Buy |
| JG | Aurora Mobile | $5.74 | $7.00 | 21.95% | Buy |
| CINT | CI&T | $6.55 | $7.06 | 7.79% | Hold |
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 $23 with a range of $23 to $23, implying a 10279.06% from its last price of $0.222. 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 10279.06% (from the last price of $0.222 to the average price target of $23), up by 10279.06% based on the highest stock price target, and up by 10279.06% based on the lowest stock price target.
Can Cemtrex stock reach $0?
CETX's average twelve months analyst stock price target of $23 supports the claim that Cemtrex can reach $0 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 $-539K (high $-539K, low $-539K), average net income is $-1.843B (high $-1.843B, low $-1.843B), average SG&A $33.89M (high $33.89M, low $33.89M), and average EPS is $-58.8 (high $-58.8, low $-58.8).
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 $-455K by 1305.50%. The company's net income was $-9.197M, missing the average estimation of $-10.589B by -99.91%. Apple's SG&A was $23.93M, missing the average forecast of $28.58M by -16.27%. Lastly, the company's EPS was $-349, beating the average prediction of $-338 by 3.46%. 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 $-116K by -391.50%. Cemtrex's net income was $-1.147M, missing the average estimation of $-470M by -99.76%. 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 $-15 by -91.47%