Chardan NexTech Stock Target Price and Analyst Consensus

DFLI Stock  USD 3.46  0.04  1.14%   
The current analyst and expert consensus on Chardan NexTech is Strong Buy, with 3 strong buy opinions. The current projected Chardan NexTech target price consensus is 4.63 with 4 analyst opinions. Check out Macroaxis Advice on Chardan NexTech to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Chardan NexTech Acqu analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Chardan NexTech executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Chardan NexTech. We encourage you to use your own analysis of Chardan NexTech Acqu to validate this buy or sell advice. Chardan NexTech buy-or-sell recommendation module provides average expert sentiment on the projected Chardan NexTech Acqu target price to derive its highest and lowest estimates based on projected price volatility of 6.3613.
Lowest Forecast
4.21
Highest Forecast
5.14
Target Price
4.63
As of now, Chardan NexTech's Gross Profit is increasing as compared to previous years. The Chardan NexTech's current Gross Profit Margin is estimated to increase to 0.36, while Pretax Profit Margin is forecasted to increase to (0.20). As of now, Chardan NexTech's Cash is increasing as compared to previous years. The Chardan NexTech's current Cash And Short Term Investments is estimated to increase to about 17.1 M, while Total Assets are projected to decrease to under 71.4 M.
  
It's important to approach Chardan NexTech's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Chardan NexTech price targets

Chardan NexTech's stock target price is an estimate of its future price, usually made by analysts. Using Chardan NexTech's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Chardan NexTech's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Chardan NexTech's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Chardan NexTech Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Chardan NexTech is a key component of Chardan NexTech valuation and have some predictive power on the future returns of a Chardan NexTech.
Hype
Prediction
LowEstimatedHigh
0.173.439.79
Details
Intrinsic
Valuation
LowRealHigh
0.203.9210.28
Details
Naive
Forecast
LowNextHigh
0.073.499.85
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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When determining whether Chardan NexTech Acqu is a strong investment it is important to analyze Chardan NexTech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chardan NexTech's future performance. For an informed investment choice regarding Chardan Stock, refer to the following important reports:
Check out Macroaxis Advice on Chardan NexTech to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.