Electra Battery Stock Target Price and Analyst Consensus

ELBM Stock  USD 0.50  0.03  6.38%   
The current analyst and expert consensus on Electra Battery is Strong Buy, with 2 strong buy opinions. The current projected Electra Battery target price consensus is 4.50 with 4 analyst opinions. Check out Macroaxis Advice on Electra Battery 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 Electra Battery Materials analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Electra Battery 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 Electra Battery. We encourage you to use your own analysis of Electra Battery Materials to validate this buy or sell advice. Electra Battery buy-or-sell recommendation module provides average expert sentiment on the projected Electra Battery Materials target price to derive its highest and lowest estimates based on projected price volatility of 4.4127.
Lowest Forecast
4.1
Highest Forecast
5
Target Price
4.5
As of the 29th of November 2024, Gross Profit is likely to drop to about (58.8 K). At this time, Electra Battery's Total Liabilities is very stable compared to the past year. As of the 29th of November 2024, Total Current Assets is likely to grow to about 13.3 M, while Total Stockholder Equity is likely to drop about 76.8 M.
  
It's important to approach Electra Battery'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 Electra Battery price targets

Electra Battery's stock target price is an estimate of its future price, usually made by analysts. Using Electra Battery's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Electra Battery'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 Electra Battery'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 Electra Battery 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 Electra Battery is a key component of Electra Battery valuation and have some predictive power on the future returns of a Electra Battery.
Hype
Prediction
LowEstimatedHigh
0.020.484.84
Details
Intrinsic
Valuation
LowRealHigh
0.071.475.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.06-0.06-0.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Electra Battery. Your research has to be compared to or analyzed against Electra Battery's peers to derive any actionable benefits. When done correctly, Electra Battery's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Electra Battery Materials.

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When determining whether Electra Battery Materials is a strong investment it is important to analyze Electra Battery'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 Electra Battery's future performance. For an informed investment choice regarding Electra Stock, refer to the following important reports:
Check out Macroaxis Advice on Electra Battery 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.