Cemtrex (CETX) Stock Forecast, Price Target & Predictions


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CETX Stock Forecast


Cemtrex stock forecast is as follows: an average price target of $23.00 (represents a 11592.93% upside from CETX’s last price of $0.20) 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 11592.93% upside from CETX's last price of $0.20.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 06, 2023Raymond James--134.93%11592.93%
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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 11592.93% increase from CETX last price ($0.20).

Cemtrex Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$0.20$0.20$0.20
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 $0.20. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Feb 06, 2023Dawson JamesBuyBuyHold
Mar 10, 2021Alliance Global PartnersBuyBuyHold
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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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 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
# Analysts1111111111111110101010109992010127
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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16
# Analysts1111111111111110101010109992010127
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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16
# Analysts1111111111111110101010109992010127
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$626.93K$-2.19M$-2.19M$-26.96M$-112.53M$-7.84M$-2.51M$-53.60M$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$626.93K$-2.19M$-2.19M$-26.96M$-112.53M$-7.84M$-2.51M$-53.60M$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$626.93K$-2.19M$-2.19M$-26.96M$-112.53M$-7.84M$-2.51M$-53.60M$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 %-----0.15%0.27%0.12%-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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16
# Analysts1111111111111110101010109992010127
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 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16
# Analysts1111111111111110101010109992010127
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CETXCemtrex--11400.00%Buy
ZENVZenvia--146.32%Buy
GCTGigaCloud--107.30%Buy
BLZEBackblaze--86.50%Buy
TLSTelos--62.05%Hold
ARQQArqit Quantum--31.21%Buy
IIIVi3 Verticals--21.17%Buy
CINTCI&T--15.08%Buy
JGAurora Mobile---14.84%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 $23 with a range of $23 to $23, implying a 11592.93% from its last price of $0.197. 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 11592.93% (from the last price of $0.197 to the average price target of $23), up by 11592.93% based on the highest stock price target, and up by 11592.93% 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 $-1.23M (high $-1.23M, low $-1.23M), average net income is $-30.72M (high $-30.72M, low $-30.72M), 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 $-1.038M by 516.32%. The company's net income was $-9.197M, missing the average estimation of $-176M by -94.79%. 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 $-265K by -227.83%. Cemtrex's net income was $-1.147M, missing the average estimation of $-7.837M by -85.37%. 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%