Electrocore LLC Stock Target Price and Analyst Consensus

ECOR Stock  USD 11.21  1.29  13.00%   
The current analyst and expert consensus on Electrocore LLC is Strong Buy, with 3 strong buy opinions. The current projected Electrocore LLC target price consensus is 21.10 with 5 analyst opinions. Check out Macroaxis Advice on Electrocore LLC to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Electrocore Stock, please use our How to Invest in Electrocore LLC guide.
The most common way Electrocore LLC analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Electrocore LLC executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Electrocore LLC. We strongly encourage you to use your own analysis of Electrocore LLC to validate this buy or sell advice. Electrocore LLC buy-or-sell recommendation module provides average expert sentiment on the projected Electrocore LLC target price to derive its highest and lowest estimates based on projected price volatility of 5.22.
Lowest Forecast
19.2
Highest Forecast
23.42
Target Price
21.1
As of 11/25/2024, Gross Profit is likely to grow to about 13.9 M, while Pretax Profit Margin is likely to drop (1.25). At this time, Electrocore LLC's Cash And Short Term Investments are relatively stable compared to the past year. As of 11/25/2024, Common Stock Shares Outstanding is likely to grow to about 5.7 M, while Other Current Liabilities is likely to drop slightly above 4.3 M.
  
It's important to approach Electrocore LLC'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 Electrocore LLC price targets

Electrocore LLC's stock target price is an estimate of its future price, usually made by analysts. Using Electrocore LLC's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Electrocore LLC'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 Electrocore LLC'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 Electrocore LLC 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 Electrocore LLC is a key component of Electrocore LLC valuation and have some predictive power on the future returns of a Electrocore LLC.
Hype
Prediction
LowEstimatedHigh
6.8912.1117.33
Details
Intrinsic
Valuation
LowRealHigh
7.9113.1318.35
Details
Naive
Forecast
LowNextHigh
3.558.7713.99
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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Additional Tools for Electrocore Stock Analysis

When running Electrocore LLC's price analysis, check to measure Electrocore LLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electrocore LLC is operating at the current time. Most of Electrocore LLC's value examination focuses on studying past and present price action to predict the probability of Electrocore LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrocore LLC's price. Additionally, you may evaluate how the addition of Electrocore LLC to your portfolios can decrease your overall portfolio volatility.