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NASDAQ: ECDA
Ecd Automotive Design Inc Stock Forecast, Predictions & Price Target

Analyst price target for ECDA

Based on 1 analyst offering 12 month price targets for Ecd Automotive Design Inc.
Min Forecast
$9.00+682.61%
Avg Forecast
$9.00+682.61%
Max Forecast
$9.00+682.61%

Should I buy or sell ECDA stock?

Based on 1 analyst offering ratings for Ecd Automotive Design Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ECDA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-30

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Forecast return on equity

Is ECDA forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is ECDA forecast to generate an efficient return on assets?

ECDA revenue forecast

What is ECDA's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$32.7M+116.42%
Avg 2 year Forecast
$47.0M+210.57%
ECDA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ECDA revenue growth forecast

How is ECDA forecast to perform vs Auto Manufacturers companies and vs the US market?
Company
116.42%
Industry
8.43%
Market
14.1%
ECDA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ECDA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ECDA vs Auto Stocks

TickerPricePrice TargetUp/downsideConsensus
ECDA$1.15$9.00+682.61%Strong Buy
VEV$0.76N/AN/A
GP$1.34$3.00+123.88%Strong Buy
EVTV$1.61N/AN/A
LOBO$3.23N/AN/A

Ecd Automotive Design Stock Forecast FAQ

Is Ecd Automotive Design Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: ECDA) stock is to Strong Buy ECDA stock.

Out of 1 analyst, 1 (100%) are recommending ECDA as a Strong Buy, 0 (0%) are recommending ECDA as a Buy, 0 (0%) are recommending ECDA as a Hold, 0 (0%) are recommending ECDA as a Sell, and 0 (0%) are recommending ECDA as a Strong Sell.

If you're new to stock investing, here's how to buy Ecd Automotive Design stock.

What is ECDA's revenue growth forecast for 2024-2025?

(NASDAQ: ECDA) Ecd Automotive Design's forecast annual revenue growth rate of 116.42% is forecast to beat the US Auto Manufacturers industry's average forecast revenue growth rate of 8.43%, and it is also forecast to beat the US market's average forecast revenue growth rate of 14.1%.

Ecd Automotive Design's revenue in 2024 is $15,123,596.On average, 1 Wall Street analysts forecast ECDA's revenue for 2024 to be $1,044,074,955, with the lowest ECDA revenue forecast at $1,044,074,955, and the highest ECDA revenue forecast at $1,044,074,955.

In 2025, ECDA is forecast to generate $1,498,325,715 in revenue, with the lowest revenue forecast at $1,498,325,715 and the highest revenue forecast at $1,498,325,715.

What is ECDA's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: ECDA) forecast ROA is N/A, which is lower than the forecast US Auto Manufacturers industry average of 20.7%.

What is ECDA's Price Target?

According to 1 Wall Street analyst that have issued a 1 year ECDA price target, the average ECDA price target is $9.00, with the highest ECDA stock price forecast at $9.00 and the lowest ECDA stock price forecast at $9.00.

The Wall Street analyst predicted that Ecd Automotive Design's share price could reach $9.00 by Jan 30, 2025. The average Ecd Automotive Design stock price prediction forecasts a potential upside of 682.61% from the current ECDA share price of $1.15.

What is ECDA's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: ECDA) forecast ROE is N/A, which is considered weak.
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