Is Movella Holdings Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: MVLA) stock is to Strong Buy MVLA stock.
Out of 2 analysts, 1 (50%) are recommending MVLA as a Strong Buy, 1 (50%) are recommending MVLA as a Buy, 0 (0%) are recommending MVLA as a Hold, 0 (0%) are recommending MVLA as a Sell, and 0 (0%) are recommending MVLA as a Strong Sell.
According to 2 Wall Street analysts that have issued a 1 year MVLA price target, the average MVLA price target is $3.70, with the highest MVLA stock price forecast at $5.00 and the lowest MVLA stock price forecast at $2.40.
On average, Wall Street analysts predict that Movella Holdings's share price could reach $3.70 by Sep 7, 2024. The average Movella Holdings stock price prediction forecasts a potential upside of 506.56% from the current MVLA share price of $0.61.
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