Is Appharvest Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: APPH) stock is to Hold APPH stock.
Out of 3 analysts, 0 (0%) are recommending APPH as a Strong Buy, 1 (33.33%) are recommending APPH as a Buy, 2 (66.67%) are recommending APPH as a Hold, 0 (0%) are recommending APPH as a Sell, and 0 (0%) are recommending APPH as a Strong Sell.
What is APPH's forecast return on equity (ROE) for 2023-2025?
(NASDAQ: APPH) forecast ROE is -17.89%, which is considered weak.
What is APPH's Price Target?
According to 2 Wall Street analysts that have issued a 1 year APPH price target, the average APPH price target is $1.50, with the highest APPH stock price forecast at $2.00 and the lowest APPH stock price forecast at $1.00.
On average, Wall Street analysts predict that Appharvest's share price could reach $1.50 by May 11, 2024. The average Appharvest stock price prediction forecasts a potential upside of 226.09% from the current APPH share price of $0.46.
What is APPH's forecast return on assets (ROA) for 2023-2025?
(NASDAQ: APPH) forecast ROA is -7.89%, which is lower than the forecast US Farm Products industry average of 5.87%.
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