APPHARVEST INC (APPH) Forecast, Price Target & Analyst Ratings

NASDAQ:APPH • US03783T1034

Current stock price

0.0666 USD
-0.01 (-16.02%)
At close:
0.069 USD
+0 (+3.6%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for APPHARVEST INC (APPH).

Forecast Snapshot

Consensus Price Target

Price Target
$0.77
+ 1,048.65% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 6, 2023
Period
Q2 / 2023
EPS Estimate
-$0.22
Revenue Estimate
15.606M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
45.71%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$0.77
Upside
+ 1,048.65%
From current price of $0.07 to mean target of $0.77, Based on 7 analyst forecasts
Low
$0.76
Median
$0.77
High
$0.79

Price Target Revisions

1 Month
0.00%
3 Months
-53.85%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for APPH. The average price target is 0.77 USD. This implies a price increase of 1048.65% is expected in the next year compared to the current price of 0.0666.
The average price target has been revised downward by 53.85% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

APPH Current Analyst RatingAPPH Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

APPH Historical Analyst RatingsAPPH Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
45.71%
APPH was analyzed by 7 analysts. The buy percentage consensus is at 46. So analysts seem to be rather neutral about APPH.
In the previous month the buy percentage consensus was at a similar level.
APPH was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-06-01BarclaysMaintains Equal-Weight -> Equal-Weight
2023-05-11BarclaysMaintains Equal-Weight -> Equal-Weight
2023-03-07BarclaysMaintains Equal-Weight
2023-02-22Cowen & Co.Maintains Outperform
2022-12-02OppenheimerDowngrade Outperform -> Perform
2022-02-25OppenheimerMaintains Outperform
2021-08-26OppenheimerInitiate Outperform
2021-06-16BarclaysInitiate Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 6, 2023
Period
Q2 / 2023
EPS Estimate
-$0.22
Revenue Estimate
15.606M
Revenue Q2Q
258.10%
EPS Q2Q
19.86%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-4.57%
EPS (1 Month)
0.00%
EPS (3 Months)
-8.20%

Next Earnings Summary

APPH is expected to report earnings on 11/6/2023. The consensus EPS estimate for the next earnings is -0.22 USD and the consensus revenue estimate is 15.61M USD.
The next earnings revenue estimate has been revised downward by 4.57% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
APPH revenue by date.APPH revenue by date.
9.05M14.592M
61.24%		42.84M
193.59%		104.04M
142.86%		121.38M
16.67%
EBITDA
YoY % growth
APPH ebitda by date.APPH ebitda by date.
N/A-129.339M
-947.96%		-97.265M
24.80%		-72.624M
25.33%		-29.886M
58.85%		-8.874M
70.31%
EBIT
YoY % growth
APPH ebit by date.APPH ebit by date.
-3.51M-140.133M
-3,892.39%		-113.619M
18.92%		-118.065M
-3.91%		-81.09M
31.32%		-38.658M
52.33%
Operating Margin
APPH operating margin by date.APPH operating margin by date.
N/A-1,548.43%-778.64%-275.60%-77.94%-31.85%
EPS
YoY % growth
APPH eps by date.APPH eps by date.
N/A-1.11
18.18%		-1.21
-9.01%		-0.96
20.76%		-0.56
41.49%		-0.52
7.27%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.22
19.86%		-0.15
35.70%		-0.21
47.73%		-0.13
49.00%		-0.13
40.91%		-0.17
-17.24%		-0.12
41.46%
Revenue
Q2Q % growth		15.606M
258.10%		4.08M
678.63%		13.566M
198.42%		24.522M
88.47%		22.343M
43.17%		2.636M
-35.39%		24.433M
80.10%
EBITDA
Q2Q % growth		-20.298M
10.11%		-10.404M
17.93%		-18.768M
-1.72%		-11.118M
53.11%		-13.362M
34.17%		-10.506M
-0.98%		-12.852M
31.52%
EBIT
Q2Q % growth		-31.314M
-8.89%		-20.604M
8.90%		-28.968M
16.77%		-24.582M
21.59%		-27.54M
12.05%		-25.194M
-22.28%		-30.294M
-4.58%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

APPH Yearly Revenue VS EstimatesAPPH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
APPH Yearly EPS VS EstimatesAPPH Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 -0.2 -0.4 -0.6 -0.8 -1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
16.23%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
101.37%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
24.42%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

APPHARVEST INC / APPH Forecast FAQ

What do analysts expect the price target to be for APPHARVEST INC (APPH)?

7 analysts have analysed APPH and the average price target is 0.77 USD. This implies a price increase of 1048.65% is expected in the next year compared to the current price of 0.0666.

Can you provide the upcoming earnings date for APPHARVEST INC?

APPHARVEST INC (APPH) will report earnings on 2023-11-06, after the market close.

What are the consensus estimates for APPH stock next earnings?

The consensus EPS estimate for the next earnings of APPHARVEST INC (APPH) is -0.22 USD and the consensus revenue estimate is 15.61M USD.

What is the consensus rating for APPH stock?

The consensus rating for APPHARVEST INC (APPH) is 45.7143 / 100 . This indicates that analysts generally have a neutral outlook on the stock.