Analyst Price Target is $3.00
▲ +47.78% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for EMCORE in the last 3 months. The average price target is $3.00, with a high forecast of $3.00 and a low forecast of $3.00. The average price target represents a 47.78% upside from the last price of $2.03.
Current Consensus is
Hold
The current consensus among 3 contributing investment analysts is to hold stock in EMCORE. This Hold consensus rating has held steady for over two years.
EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing systems, and battlefield/artillery survey systems. The company sells its products through direct sales force, application engineers, third-party sales representatives, and distributors. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California.
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