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NASDAQ: RESN
Resonant Inc Stock Forecast, Predictions & Price Target

Analyst price target for RESN

Based on 3 analysts offering 12 month price targets for Resonant Inc.
Min Forecast
$3.50+25.45%
Avg Forecast
$5.25+88.17%
Max Forecast
$6.25+124.01%

Should I buy or sell RESN stock?

Based on 4 analysts offering ratings for Resonant Inc.
Strong Buy
Strong Buy
1 analysts 25%
Buy
3 analysts 75%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

RESN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Benchmark
Top 41%
60
Strong BuyInitiates Coverage OnN/AN/A2021-07-27
HC Wainwright & Co.
Top 24%
77
BuyMaintains$6.00+115.05%2021-03-16
Needham
Top 1%
100
BuyMaintains$6.25+124.01%2021-01-14
Anonymous
Needham
BuyMaintains$3.50+25.45%2020-10-08

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Forecast return on equity

Is RESN forecast to generate an efficient return?
Company
-81.38%
Industry
74.35%
Market
1,982.74%
RESN's Return on Equity is forecast to be low in 3 years (-81.38%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is RESN forecast to generate an efficient return on assets?
Company
-62.43%
Industry
41.75%
Market
957.62%
RESN is forecast to generate lower Return on Assets (-62.43%) than the US Semiconductors industry average (41.75%)
Forecast

RESN earnings per share forecast

What is RESN's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
-$0.52-1.89%
Avg 2 year Forecast
-$0.30-43.4%

RESN revenue forecast

What is RESN's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.6M+40.69%
Avg 2 year Forecast
$17.0M+425.66%
RESN's revenue is forecast to grow at an exceptional rate of 40.69% per year
Forecast

RESN revenue growth forecast

How is RESN forecast to perform vs Semiconductors companies and vs the US market?
Company
40.69%
Industry
11.9%
Market
61.21%
RESN's revenues are forecast to grow faster (40.69% per year) than the US Semiconductors industry average (11.9%)
Forecast
RESN's revenues are forecast to grow slower (40.69% per year) than the US market average (61.21%)
Forecast

Resonant Stock Forecast FAQ

Is Resonant Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: RESN) stock is to Strong Buy RESN stock.

Out of 4 analysts, 1 (25%) are recommending RESN as a Strong Buy, 3 (75%) are recommending RESN as a Buy, 0 (0%) are recommending RESN as a Hold, 0 (0%) are recommending RESN as a Sell, and 0 (0%) are recommending RESN as a Strong Sell.

What is RESN's earnings growth forecast for 2021-2022?

(NASDAQ: RESN) Resonant'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 43.2%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 170.29%.

Resonant's earnings in 2021 is -$31,086,000.On average, 2 Wall Street analysts forecast RESN's earnings for 2021 to be $-32,772,600, with the lowest RESN earnings forecast at $-33,402,842, and the highest RESN earnings forecast at $-32,142,357.

In 2022, RESN is forecast to generate $-18,907,269 in earnings, with the lowest earnings forecast at $-21,428,238 and the highest earnings forecast at $-16,386,300.

What is RESN's revenue growth forecast for 2021-2022?

(NASDAQ: RESN) Resonant's forecast annual revenue growth rate of 40.69% is forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 11.9%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 61.21%.

Resonant's revenue in 2021 is $3,234,000.On average, 2 Wall Street analysts forecast RESN's revenue for 2021 to be $286,760,247, with the lowest RESN revenue forecast at $271,004,189, and the highest RESN revenue forecast at $302,516,304.

In 2022, RESN is forecast to generate $1,071,411,910 in revenue, with the lowest revenue forecast at $945,363,450 and the highest revenue forecast at $1,197,460,370.

What is RESN's forecast return on assets (ROA) for 2021-2022?

(NASDAQ: RESN) forecast ROA is -62.43%, which is lower than the forecast US Semiconductors industry average of 41.75%.

What is RESN's Price Target?

According to 3 Wall Street analysts that have issued a 1 year RESN price target, the average RESN price target is $5.25, with the highest RESN stock price forecast at $6.25 and the lowest RESN stock price forecast at $3.50.

On average, Wall Street analysts predict that Resonant's share price could stay at $5.25 by Jul 27, 2022. The average Resonant stock price prediction forecasts a potential downside of N/A from the current RESN share price of $2.79.

What is RESN's Earnings Per Share (EPS) forecast for 2021-2022?

(NASDAQ: RESN) Resonant's current Earnings Per Share (EPS) is -$0.53. On average, analysts forecast that RESN's EPS will be $-0.52 for 2021, with the lowest EPS forecast at $-0.53, and the highest EPS forecast at $-0.51. In 2022, RESN's EPS is forecast to hit $-0.30 (min: $-0.34, max: $-0.26).

What is RESN's forecast return on equity (ROE) for 2021-2022?

(NASDAQ: RESN) forecast ROE is -81.38%, which is considered weak.
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