Is Emcore Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: EMKR) stock is to Hold EMKR stock.
Out of 1 analyst, 0 (0%) are recommending EMKR as a Strong Buy, 0 (0%) are recommending EMKR as a Buy, 1 (100%) are recommending EMKR as a Hold, 0 (0%) are recommending EMKR as a Sell, and 0 (0%) are recommending EMKR as a Strong Sell.
What is EMKR's earnings growth forecast for 2024-2024?
(NASDAQ: EMKR) Emcore's forecast annual earnings growth rate of N/A is not forecast to beat the US Semiconductors industry's average forecast earnings growth rate of N/A, and while it is not forecast to beat the US market's average forecast earnings growth rate of N/A.
Emcore's earnings in 2024 is -$69,713,000.
In 2024, EMKR is forecast to generate -$2,266,655 in earnings, with the lowest earnings forecast at -$2,266,655 and the highest earnings forecast at -$2,266,655.
What is EMKR's revenue growth forecast for 2024-2024?
(NASDAQ: EMKR) Emcore's forecast annual revenue growth rate of N/A is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Emcore's revenue in 2024 is $83,437,000.
In 2024, EMKR is forecast to generate $770,662,700 in revenue, with the lowest revenue forecast at $770,662,700 and the highest revenue forecast at $770,662,700.
What is EMKR's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: EMKR) forecast ROA is -2.09%, which is lower than the forecast US Semiconductors industry average of 35.71%.
What is EMKR's Price Target?
According to 1 Wall Street analyst that have issued a 1 year EMKR price target, the average EMKR price target is $1.00, with the highest EMKR stock price forecast at $1.00 and the lowest EMKR stock price forecast at $1.00.
The Wall Street analyst predicted that Emcore's share price could fall to $1.00 by Aug 8, 2025. The average Emcore stock price prediction forecasts a potential downside of 9.09% from the current EMKR share price of $1.10.
What is EMKR's Earnings Per Share (EPS) forecast for 2024-2024?
(NASDAQ: EMKR) Emcore's current Earnings Per Share (EPS) is -$10.29. In 2024, EMKR's EPS is forecast to hit -$0.25 (min: -$0.25, max: -$0.25).
What is EMKR's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: EMKR) forecast ROE is -4.34%, which is considered weak.
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