NioCorp Developments Stock Target Price and Analyst Consensus

NB Stock   1.33  0.02  1.53%   
The current analyst and expert consensus on NioCorp Developments is Buy, with no strong buy opinions. The current projected NioCorp Developments target price consensus is 12.00 with 1 analyst opinions. Check out Macroaxis Advice on NioCorp Developments 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 NioCorp Developments analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview NioCorp Developments 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 NioCorp Developments. We encourage you to use your own analysis of NioCorp Developments to validate this buy or sell advice. NioCorp Developments buy-or-sell recommendation module provides average expert sentiment on the projected NioCorp Developments target price to derive its highest and lowest estimates based on projected price volatility of 4.6996.
Lowest Forecast
10.92
Highest Forecast
13.32
Target Price
12
The current year's Gross Profit is expected to grow to about (4 M). At present, NioCorp Developments' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 3.2 M, whereas Total Current Liabilities is forecasted to decline to about 6.9 M.
  
It's important to approach NioCorp Developments' 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 NioCorp Developments price targets

NioCorp Developments' stock target price is an estimate of its future price, usually made by analysts. Using NioCorp Developments' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at NioCorp Developments' 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 NioCorp Developments' 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 NioCorp Developments 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 NioCorp Developments is a key component of NioCorp Developments valuation and have some predictive power on the future returns of a NioCorp Developments.
Hype
Prediction
LowEstimatedHigh
0.071.336.03
Details
Intrinsic
Valuation
LowRealHigh
0.203.998.69
Details
Naive
Forecast
LowNextHigh
0.031.406.10
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.1-0.06-0.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NioCorp Developments. Your research has to be compared to or analyzed against NioCorp Developments' peers to derive any actionable benefits. When done correctly, NioCorp Developments' 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 NioCorp Developments.

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Check out Macroaxis Advice on NioCorp Developments 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, the presentation of NioCorp Developments' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NioCorp Developments' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NioCorp Developments' management manipulating its earnings.