Electra Battery Materials Corp Stock Forecast, Predictions & Price Target

Analyst price target for ELBM

Based on 2 analysts offering 12 month price targets for Electra Battery Materials Corp.
Min Forecast
Avg Forecast
Max Forecast

Should I buy or sell ELBM stock?

Based on 2 analysts offering ratings for Electra Battery Materials Corp.
Strong Buy
Strong Buy
1 analysts 50%
1 analysts 50%
0 analysts 0%
0 analysts 0%
Strong Sell
0 analysts 0%

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ELBM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Bottom 1%
BuyInitiates Coverage On$7.75+234.05%2022-11-16
Alliance Global Partners
Bottom 12%
Strong BuyInitiates Coverage On$11.00+374.14%2022-04-28

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ELBM vs Electrical Equipment & Part Stocks

TickerPricePrice TargetUp/downsideConsensus
ELBM$2.32$9.38+304.09%Strong Buy
IPWR$12.52$18.00+43.77%Strong Buy
NEOV$2.18$10.00+358.72%Strong Buy
FLUX$5.82$8.00+37.46%Strong Buy

Electra Battery Materials Stock Forecast FAQ

Is Electra Battery Materials Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: ELBM) stock is to Strong Buy ELBM stock.

Out of 2 analysts, 1 (50%) are recommending ELBM as a Strong Buy, 1 (50%) are recommending ELBM as a Buy, 0 (0%) are recommending ELBM as a Hold, 0 (0%) are recommending ELBM as a Sell, and 0 (0%) are recommending ELBM as a Strong Sell.

If you're new to stock investing, here's how to buy Electra Battery Materials stock.

What is ELBM's Price Target?

According to 2 Wall Street analysts that have issued a 1 year ELBM price target, the average ELBM price target is $9.38, with the highest ELBM stock price forecast at $11.00 and the lowest ELBM stock price forecast at $7.75.

On average, Wall Street analysts predict that Electra Battery Materials's share price could reach $9.38 by Nov 16, 2023. The average Electra Battery Materials stock price prediction forecasts a potential upside of 304.09% from the current ELBM share price of $2.32.
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