Electra Battery Materials (ELBM) Stock Forecast, Price Target & Predictions


OverviewOwnershipFinancialsChartTranscripts

ELBM Stock Forecast


Electra Battery Materials stock forecast is as follows: an average price target of $1.42 (represents a 277.86% upside from ELBM’s last price of $0.38) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

ELBM Price Target


The average price target for Electra Battery Materials (ELBM) is $1.42 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $1.42 to $1.42. This represents a potential 277.86% upside from ELBM's last price of $0.38.

ELBM Analyst Ratings


Buy

According to 2 Wall Street analysts, Electra Battery Materials's rating consensus is 'Buy'. The analyst rating breakdown for ELBM 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%).

Electra Battery Materials Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 28, 2024Heiko IhleH.C. Wainwright$1.42$0.48192.98%277.86%

The latest Electra Battery Materials stock forecast, released on May 28, 2024 by Heiko Ihle from H.C. Wainwright, set a price target of $1.42, which represents a 192.98% increase from the stock price at the time of the forecast ($0.48), and a 277.86% increase from ELBM last price ($0.38).

Electra Battery Materials Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$1.42
Last Closing Price$0.38$0.38$0.38
Upside/Downside-100.00%-100.00%277.86%

In the current month, the average price target of Electra Battery Materials stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Electra Battery Materials's last price of $0.38. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 15, 2024Alliance Global PartnersBuyBuyHold
May 28, 2024H.C. WainwrightBuyBuyHold
Apr 28, 2022Alliance Global PartnersBuyInitialise

Electra Battery Materials's last stock rating was published by Alliance Global Partners on Aug 15, 2024. The company gave ELBM a "Buy" rating, the same as its previous rate.

Electra Battery Materials Financial Forecast


Electra Battery Materials Revenue Forecast

Dec 24Sep 24Jun 24
Revenue---
Avg Forecast$4.26M--
High Forecast$4.26M--
Low Forecast$4.26M--
# Analysts1--
Surprise %---

Electra Battery Materials's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. ELBM's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).

Electra Battery Materials EBITDA Forecast

Dec 24Sep 24Jun 24
# Analysts1--
EBITDA---
Avg Forecast---
High Forecast---
Low Forecast---
Surprise %---

undefined analysts predict ELBM's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Electra Battery Materials's previous annual EBITDA (undefined) of $NaN.

Electra Battery Materials Net Income Forecast

Dec 24Sep 24Jun 24
# Analysts1--
Net Income---
Avg Forecast$-2.15M$-2.86M$-5.72M
High Forecast$-2.15M$-2.86M$-5.72M
Low Forecast$-2.15M$-2.86M$-5.72M
Surprise %---

Electra Battery Materials's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ELBM's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Electra Battery Materials SG&A Forecast

Dec 24Sep 24Jun 24
# Analysts1--
SG&A---
Avg Forecast---
High Forecast---
Low Forecast---
Surprise %---

Electra Battery Materials's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to ELBM last annual SG&A of $NaN (undefined).

Electra Battery Materials EPS Forecast

Dec 24Sep 24Jun 24
# Analysts1--
EPS---
Avg Forecast$-0.04$-0.05$-0.10
High Forecast$-0.04$-0.05$-0.10
Low Forecast$-0.04$-0.05$-0.10
Surprise %---

According to undefined Wall Street analysts, Electra Battery Materials's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ELBM previous annual EPS of $NaN (undefined).

ELBM Forecast FAQ


Is Electra Battery Materials a good buy?

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

What is ELBM's price target?

Electra Battery Materials (ELBM) average price target is $1.42 with a range of $1.42 to $1.42, implying a 277.86% from its last price of $0.376. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Electra Battery Materials stock go up soon?

According to Wall Street analysts' prediction for ELBM stock, the company can go up by 277.86% (from the last price of $0.376 to the average price target of $1.42), up by 277.86% based on the highest stock price target, and up by 277.86% based on the lowest stock price target.

Can Electra Battery Materials stock reach $1?

ELBM's average twelve months analyst stock price target of $1.42 supports the claim that Electra Battery Materials can reach $1 in the near future.

What are Electra Battery Materials's analysts' financial forecasts?

ELBM's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $4.26M (high $4.26M, low $4.26M), average EBITDA is $0 (high $0, low $0), average net income is $-10.721M (high $-10.721M, low $-10.721M), average SG&A $0 (high $0, low $0), and average EPS is $-0.187 (high $-0.187, low $-0.187).