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NASDAQ: EMKR
Emcore Corp Stock Forecast, Predictions & Price Target

Analyst price target for EMKR

Based on 3 analysts offering 12 month price targets for Emcore Corp.
Min Forecast
$2.50+233.33%
Avg Forecast
$2.50+233.33%
Max Forecast
$2.50+233.33%

Should I buy or sell EMKR stock?

Based on 3 analysts offering ratings for Emcore Corp.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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EMKR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Alliance Global Partners
Top 42%
59
Strong BuyInitiates Coverage On$2.50+233.33%2023-03-28
Lake Street
Top 32%
69
Strong BuyUpgrades$2.50+233.33%2023-02-09
Northland Securities
Top 27%
74
BuyUpgrades$2.50+233.33%2023-02-09

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Forecast return on equity

Is EMKR forecast to generate an efficient return?
Company
-22.31%
Industry
72.71%
Market
-10.35%
EMKR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is EMKR forecast to generate an efficient return on assets?
Company
-13.48%
Industry
39.93%
EMKR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

EMKR vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
EMKR$0.75$2.50+233.33%Strong Buy
WKEY$2.15$4.00+86.05%Buy
PRSO$0.67$1.50+123.88%Strong Buy
AAOI$2.27N/AN/A
LEDS$2.59N/AN/A

Emcore Stock Forecast FAQ

Is Emcore Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: EMKR) stock is to Strong Buy EMKR stock.

Out of 3 analysts, 2 (66.67%) are recommending EMKR as a Strong Buy, 1 (33.33%) are recommending EMKR as a Buy, 0 (0%) are recommending EMKR as a Hold, 0 (0%) are recommending EMKR as a Sell, and 0 (0%) are recommending EMKR as a Strong Sell.

If you're new to stock investing, here's how to buy Emcore stock.

What is EMKR's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: EMKR) forecast ROE is -22.31%, which is considered weak.

What is EMKR's Price Target?

According to 3 Wall Street analysts that have issued a 1 year EMKR price target, the average EMKR price target is $2.50, with the highest EMKR stock price forecast at $2.50 and the lowest EMKR stock price forecast at $2.50.

On average, Wall Street analysts predict that Emcore's share price could reach $2.50 by Mar 28, 2024. The average Emcore stock price prediction forecasts a potential upside of 233.33% from the current EMKR share price of $0.75.

What is EMKR's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: EMKR) forecast ROA is -13.48%, which is lower than the forecast US Semiconductors industry average of 39.93%.
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