EMCORE (EMKR) Stock Forecast, Price Target & Predictions
EMKR Stock Forecast
EMCORE stock forecast is as follows: an average price target of $2.00 (represents a 86.92% upside from EMKR’s last price of $1.07) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
EMKR Price Target
EMKR Analyst Ratings
EMCORE Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Dec 21, 2022 | - | Northland Securities | $2.00 | $1.11 | 80.18% | 86.92% |
EMCORE Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $1.07 | $1.07 | $1.07 |
Upside/Downside | -100.00% | -100.00% | -100.00% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
May 09, 2024 | Craig-Hallum | Buy | Hold | Downgrade |
Aug 21, 2023 | Craig-Hallum | Buy | Buy | Hold |
Mar 28, 2023 | Canaccord Genuity | Underperform | Buy | Initialise |
Mar 28, 2023 | Consumer Edge Research | - | Buy | Initialise |
Mar 28, 2023 | Barclays | - | Equal-Weight | Initialise |
Mar 28, 2023 | B. Riley Securities | - | Buy | Initialise |
Mar 28, 2023 | Oppenheimer | - | Perform | Initialise |
Mar 28, 2023 | Evercore ISI | - | Outperform | Initialise |
Feb 09, 2023 | UBS | - | Underperform | Downgrade |
Feb 09, 2023 | Sidoti & Co. | - | Neutral | Downgrade |
EMCORE Financial Forecast
EMCORE Revenue Forecast
Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | - | - | - | - | - | - | - | $24.12M | $26.77M | $26.70M | $26.82M | $24.95M | $25.57M | $23.68M | $32.65M | $42.24M | $43.95M | $42.66M | $71.83M | $33.43M | $33.53M | $27.27M | $23.85M | $25.48M | $24.30M | $17.22M | $21.75M | $18.62M | $32.59M | $21.53M |
Avg Forecast | $25.20M | $24.70M | $23.40M | $21.70M | $21.00M | $19.74M | $23.86M | $26.04M | $26.27M | $26.02M | $27.58M | $26.00M | $25.20M | $25.71M | $32.92M | $42.16M | $43.17M | $41.08M | $36.13M | $33.17M | $33.50M | $26.03M | $23.58M | $26.00M | $23.02M | $17.23M | $22.37M | $9.31M | $27.93M | $43.06M |
High Forecast | $26.16M | $25.64M | $24.29M | $22.52M | $21.80M | $20.49M | $24.76M | $27.03M | $27.61M | $27.01M | $28.62M | $26.99M | $26.16M | $26.19M | $33.54M | $42.94M | $43.98M | $41.84M | $36.81M | $33.79M | $34.12M | $26.52M | $24.02M | $26.49M | $23.45M | $17.55M | $22.78M | $11.17M | $33.52M | $51.67M |
Low Forecast | $23.66M | $23.20M | $21.97M | $20.38M | $19.72M | $18.54M | $22.40M | $24.45M | $25.50M | $24.44M | $25.90M | $24.42M | $23.66M | $24.94M | $31.94M | $40.90M | $41.88M | $39.85M | $35.05M | $32.18M | $32.50M | $25.26M | $22.88M | $25.22M | $22.33M | $16.72M | $21.70M | $7.45M | $22.35M | $34.45M |
# Analysts | - | - | - | 1 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 16 | 18 |
Surprise % | - | - | - | - | - | - | - | 0.93% | 1.02% | 1.03% | 0.97% | 0.96% | 1.01% | 0.92% | 0.99% | 1.00% | 1.02% | 1.04% | 1.99% | 1.01% | 1.00% | 1.05% | 1.01% | 0.98% | 1.06% | 1.00% | 0.97% | 2.00% | 1.17% | 0.50% |
EMCORE EBITDA Forecast
Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 16 | 18 |
EBITDA | - | - | - | - | - | - | - | $-2.69M | $16.40M | $-6.61M | $-11.99M | $-12.13M | $-14.49M | $-8.29M | $-2.05M | $1.01M | $6.44M | $14.69M | $7.73M | $3.75M | $1.92M | $-187.00K | $-3.80M | $660.00K | $-12.83M | $-8.68M | $-3.35M | $-1.84M | $2.77M | $4.40M |
Avg Forecast | $-3.42M | $-3.35M | $-3.18M | $-2.95M | $-2.85M | $-2.68M | $-3.22M | $-3.53M | $-3.57M | $-3.53M | $-2.92M | $-3.53M | $7.83M | $-3.49M | $-3.13M | $-5.72M | $-5.86M | $-5.58M | $3.86M | $-4.50M | $-4.55M | $-3.53M | $-2.66M | $-3.53M | $-3.12M | $-2.34M | $-4.35M | $-2.02M | $2.31M | $5.94M |
High Forecast | $-3.21M | $-3.15M | $-2.98M | $-2.77M | $-2.68M | $-2.52M | $-2.57M | $-3.32M | $-3.46M | $-3.32M | $-2.34M | $-3.31M | $9.40M | $-3.39M | $-2.50M | $-5.55M | $-5.69M | $-5.41M | $4.64M | $-4.37M | $-4.41M | $-3.43M | $-2.13M | $-3.42M | $-3.03M | $-2.27M | $-3.48M | $-1.62M | $2.77M | $7.13M |
Low Forecast | $-3.55M | $-3.48M | $-3.30M | $-3.06M | $-2.96M | $-2.78M | $-3.86M | $-3.67M | $-3.75M | $-3.67M | $-3.51M | $-3.66M | $6.26M | $-3.56M | $-3.75M | $-5.83M | $-5.97M | $-5.68M | $3.09M | $-4.59M | $-4.63M | $-3.60M | $-3.20M | $-3.59M | $-3.18M | $-2.38M | $-5.22M | $-2.42M | $1.84M | $4.75M |
Surprise % | - | - | - | - | - | - | - | 0.76% | -4.60% | 1.87% | 4.10% | 3.44% | -1.85% | 2.38% | 0.66% | -0.18% | -1.10% | -2.63% | 2.00% | -0.83% | -0.42% | 0.05% | 1.43% | -0.19% | 4.11% | 3.71% | 0.77% | 0.91% | 1.20% | 0.74% |
EMCORE Net Income Forecast
Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 16 | 18 |
Net Income | - | - | - | - | - | - | - | $-5.68M | $-42.63M | $-9.86M | $-12.23M | $-11.69M | $-16.87M | $-7.65M | $-2.23M | - | $5.08M | $13.62M | $6.95M | $2.57M | $703.00K | $-1.29M | $-5.08M | $-1.33M | $-14.97M | $-10.48M | $-4.99M | $-3.07M | $1.85M | $3.98M |
Avg Forecast | $-361.76K | $-542.64K | $-994.84K | $-1.63M | $-1.99M | $-1.54M | $-5.49M | $-1.81M | $-6.93M | $-12.06M | $-4.99M | $-18.99M | $6.17M | $-11.76M | $-5.34M | $15.15M | $17.64M | $15.60M | $3.48M | $7.54M | $3.32M | $-7.84M | $-3.56M | $-17.18M | $-13.57M | $-12.66M | $-6.49M | $-3.38M | $1.54M | $5.38M |
High Forecast | $-333.11K | $-499.67K | $-916.07K | $-1.50M | $-1.83M | $-1.42M | $-4.39M | $-1.67M | $-3.47M | $-11.10M | $-3.99M | $-17.49M | $7.40M | $-11.30M | $-4.27M | $15.52M | $18.06M | $15.98M | $4.17M | $7.72M | $3.40M | $-7.53M | $-2.85M | $-16.52M | $-13.04M | $-12.17M | $-5.19M | $-2.70M | $1.85M | $6.45M |
Low Forecast | $-379.64K | $-569.45K | $-1.04M | $-1.71M | $-2.09M | $-1.61M | $-6.59M | $-1.90M | $-8.67M | $-12.65M | $-5.99M | $-19.93M | $4.94M | $-12.04M | $-6.41M | $14.56M | $16.95M | $14.99M | $2.78M | $7.24M | $3.19M | $-8.03M | $-4.27M | $-17.60M | $-13.89M | $-12.97M | $-7.79M | $-4.05M | $1.23M | $4.30M |
Surprise % | - | - | - | - | - | - | - | 3.14% | 6.15% | 0.82% | 2.45% | 0.62% | -2.73% | 0.65% | 0.42% | - | 0.29% | 0.87% | 2.00% | 0.34% | 0.21% | 0.16% | 1.43% | 0.08% | 1.10% | 0.83% | 0.77% | 0.91% | 1.20% | 0.74% |
EMCORE SG&A Forecast
Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 16 | 18 |
SG&A | - | - | - | - | - | - | - | $6.61M | $8.64M | $6.45M | $9.95M | $9.94M | $11.16M | $7.80M | $7.56M | $7.19M | $6.60M | $6.08M | $6.06M | $5.80M | $5.67M | $5.94M | $7.14M | $5.89M | $8.22M | $9.29M | $7.00M | $5.64M | $5.67M | $4.83M |
Avg Forecast | $6.82M | $6.68M | $6.33M | $5.87M | $5.68M | $5.34M | $18.67M | $7.05M | $7.11M | $7.04M | $16.97M | $7.03M | $8.03M | $6.96M | $18.15M | $11.41M | $11.68M | $11.11M | $3.03M | $8.97M | $9.06M | $7.04M | $5.00M | $7.04M | $6.23M | $4.66M | $9.09M | $6.21M | $4.73M | $6.51M |
High Forecast | $7.08M | $6.94M | $6.57M | $6.09M | $5.90M | $5.54M | $22.40M | $7.31M | $7.47M | $7.31M | $20.37M | $7.30M | $9.63M | $7.09M | $21.78M | $11.62M | $11.90M | $11.32M | $3.64M | $9.14M | $9.23M | $7.18M | $6.00M | $7.17M | $6.35M | $4.75M | $10.91M | $7.45M | $5.67M | $7.82M |
Low Forecast | $6.40M | $6.28M | $5.95M | $5.51M | $5.34M | $5.02M | $14.93M | $6.62M | $6.90M | $6.61M | $13.58M | $6.61M | $6.42M | $6.75M | $14.52M | $11.07M | $11.33M | $10.78M | $2.42M | $8.71M | $8.79M | $6.83M | $4.00M | $6.82M | $6.04M | $4.52M | $7.28M | $4.97M | $3.78M | $5.21M |
Surprise % | - | - | - | - | - | - | - | 0.94% | 1.22% | 0.92% | 0.59% | 1.41% | 1.39% | 1.12% | 0.42% | 0.63% | 0.57% | 0.55% | 2.00% | 0.65% | 0.63% | 0.84% | 1.43% | 0.84% | 1.32% | 1.99% | 0.77% | 0.91% | 1.20% | 0.74% |
EMCORE EPS Forecast
Sep 25 | Jun 25 | Mar 25 | Dec 24 | 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 | 2 | 1 | - | 1 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 16 | 18 |
EPS | - | - | - | - | - | - | - | $-0.06 | $-0.62 | $-0.18 | $-0.27 | $-0.31 | $-0.45 | $-0.20 | $-0.06 | - | $0.14 | $0.37 | $0.13 | $0.09 | $0.02 | $-0.04 | $-0.18 | $-0.05 | $-0.52 | $-0.37 | $-0.18 | $-0.11 | $0.07 | $0.15 |
Avg Forecast | $-0.04 | $-0.06 | $-0.11 | $-0.18 | $-0.22 | $-0.17 | $-0.30 | $-0.20 | $-0.77 | $-1.33 | $-1.60 | $-2.10 | $-1.75 | $-1.30 | $0.33 | $1.68 | $1.95 | $1.73 | $1.10 | $0.83 | $0.37 | $-0.87 | $-1.00 | $-1.90 | $-1.50 | $-1.40 | $-0.97 | $-0.05 | $0.10 | $0.05 |
High Forecast | $-0.04 | $-0.06 | $-0.10 | $-0.17 | $-0.20 | $-0.16 | $-0.28 | $-0.18 | $-0.38 | $-1.23 | $-1.47 | $-1.93 | $-1.61 | $-1.25 | $0.33 | $1.72 | $2.00 | $1.77 | $1.13 | $0.85 | $0.38 | $-0.83 | $-0.96 | $-1.83 | $-1.44 | $-1.35 | $-0.93 | $-0.04 | $0.12 | $0.06 |
Low Forecast | $-0.04 | $-0.06 | $-0.12 | $-0.19 | $-0.23 | $-0.18 | $-0.31 | $-0.21 | $-0.96 | $-1.40 | $-1.68 | $-2.20 | $-1.84 | $-1.33 | $0.31 | $1.61 | $1.87 | $1.66 | $1.06 | $0.80 | $0.35 | $-0.89 | $-1.02 | $-1.95 | $-1.54 | $-1.43 | $-0.99 | $-0.05 | $0.08 | $0.04 |
Surprise % | - | - | - | - | - | - | - | 0.32% | 0.81% | 0.14% | 0.17% | 0.15% | 0.26% | 0.15% | -0.18% | - | 0.07% | 0.21% | 0.12% | 0.11% | 0.05% | 0.05% | 0.18% | 0.03% | 0.35% | 0.26% | 0.19% | 2.42% | 0.70% | 3.00% |
EMCORE Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
NVTS | Navitas Semiconductor | $2.29 | $11.30 | 393.45% | Buy |
PXLW | Pixelworks | $0.76 | $2.50 | 228.95% | Buy |
MXL | MaxLinear | $14.09 | $38.38 | 172.39% | Hold |
EMKR | EMCORE | $1.07 | $2.00 | 86.92% | Buy |
QUIK | QuickLogic | $7.22 | $13.00 | 80.06% | Buy |
MX | Magnachip Semiconductor | $4.61 | $8.00 | 73.54% | Buy |
SGH | SMART Global | $19.10 | $29.38 | 53.82% | Buy |
SLAB | Silicon Laboratories | $110.79 | $162.00 | 46.22% | Hold |
POWI | Power Integrations | $59.50 | $79.00 | 32.77% | Buy |
DIOD | Diodes | $59.07 | $74.00 | 25.28% | Buy |
LSCC | Lattice Semiconductor | $52.07 | $62.11 | 19.28% | Buy |
MTSI | MACOM Technology Solutions | $100.01 | $103.88 | 3.87% | Buy |
AOSL | Alpha and Omega Semiconductor | $34.26 | $31.50 | -8.06% | Buy |
SITM | SiTime | $156.87 | $127.00 | -19.04% | Buy |
EMKR Forecast FAQ
Is EMCORE a good buy?
Yes, according to 8 Wall Street analysts, EMCORE (EMKR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of EMKR's total ratings.
What is EMKR's price target?
EMCORE (EMKR) average price target is $2 with a range of $2 to $2, implying a 86.92% from its last price of $1.07. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will EMCORE stock go up soon?
According to Wall Street analysts' prediction for EMKR stock, the company can go up by 86.92% (from the last price of $1.07 to the average price target of $2), up by 86.92% based on the highest stock price target, and up by 86.92% based on the lowest stock price target.
Can EMCORE stock reach $2?
EMKR's average twelve months analyst stock price target of $2 does not support the claim that EMCORE can reach $2 in the near future.
What are EMCORE's analysts' financial forecasts?
EMCORE's analysts financial forecasts for the fiscal year (Sep 2024) are as follows: average revenue is $90.64M (high $94.08M, low $85.12M), average EBITDA is $-12.281M (high $-11.085M, low $-13.269M), average net income is $-10.828M (high $-9.307M, low $-12.19M), average SG&A $36.74M (high $41.16M, low $31.9M), and average EPS is $-0.89 (high $-0.82, low $-0.934). EMKR's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $95M (high $98.61M, low $89.21M), average EBITDA is $-12.894M (high $-12.109M, low $-13.385M), average net income is $-3.527M (high $-3.248M, low $-3.701M), average SG&A $25.7M (high $26.68M, low $24.14M), and average EPS is $-0.39 (high $-0.359, low $-0.409).
Did the EMKR's actual financial results beat the analysts' financial forecasts?
Based on EMCORE's last annual report (Sep 2023), the company's revenue was $97.72M, which missed the average analysts forecast of $105.88M by -7.71%. Apple's EBITDA was $-5.755M, missing the average prediction of $-13.552M by -57.53%. The company's net income was $-76.413M, beating the average estimation of $-42.978M by 77.80%. Apple's SG&A was $32.73M, missing the average forecast of $38.16M by -14.22%. Lastly, the company's EPS was $-1.48, missing the average prediction of $-5.8 by -74.48%. In terms of the last quarterly report (Dec 2023), EMCORE's revenue was $24.12M, missing the average analysts' forecast of $26.04M by -7.37%. The company's EBITDA was $-2.689M, missing the average prediction of $-3.535M by -23.92%. EMCORE's net income was $-5.679M, beating the average estimation of $-1.809M by 213.97%. The company's SG&A was $6.61M, missing the average forecast of $7.05M by -6.20%. Lastly, the company's EPS was $-0.0638, missing the average prediction of $-0.2 by -68.10%