Is Cepton Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: CPTN) stock is to Hold CPTN stock.
Out of 1 analyst, 0 (0%) are recommending CPTN as a Strong Buy, 0 (0%) are recommending CPTN as a Buy, 1 (100%) are recommending CPTN as a Hold, 0 (0%) are recommending CPTN as a Sell, and 0 (0%) are recommending CPTN as a Strong Sell.
What is CPTN's revenue growth forecast for 2024-2024?
(NASDAQ: CPTN) Cepton's forecast annual revenue growth rate of 83.82% is forecast to beat the US Scientific & Technical Instruments industry's average forecast revenue growth rate of 3.01%, and it is also forecast to beat the US market's average forecast revenue growth rate of 12.87%.
Cepton's revenue in 2024 is $13,056,000.
In 2024, CPTN is forecast to generate $382,102,008 in revenue, with the lowest revenue forecast at $382,102,008 and the highest revenue forecast at $382,102,008.
What is CPTN's forecast return on assets (ROA) for 2024-2025?
(NASDAQ: CPTN) forecast ROA is -18.74%, which is lower than the forecast US Scientific & Technical Instruments industry average of 1.04%.
What is CPTN's Price Target?
According to 1 Wall Street analyst that have issued a 1 year CPTN price target, the average CPTN price target is $2.50, with the highest CPTN stock price forecast at $2.50 and the lowest CPTN stock price forecast at $2.50.
The Wall Street analyst predicted that Cepton's share price could fall to $2.50 by Dec 14, 2024. The average Cepton stock price prediction forecasts a potential downside of 16.67% from the current CPTN share price of $3.00.
What is CPTN's forecast return on equity (ROE) for 2024-2025?
(NASDAQ: CPTN) forecast ROE is N/A, which is considered weak.
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