Can you provide the average price target for RESONANT INC stock?
11 analysts have analysed RESN and the average price target is 4.59 null. This implies a price increase of 2.46% is expected in the next year compared to the current price of 4.48.
RESONANT INC (RESN) Forecast, Price Target & Analyst Ratings
NASDAQ:RESN
Current stock price
4.48
-0.01 (-0.22%)
At close:
4.48
0 (0%)
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 RESONANT INC (RESN).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Apr 26, 2022
- Period
- Q1 / 2022
- EPS Estimate
- -$0.09
- Revenue Estimate
- 1.714M
Price Target Details & History
Consensus Price Target and Range
Mean target
$4.59
Upside
+ 2.46%
From current price of $4.48 to mean target of $4.59, Based on 11 analyst forecasts
Low
$4.55
Median
$4.59
High
$4.73
Price Target Revisions
1 Month
N/A
3 Months
N/A
Price Target Summary
11 Wall Street analysts provided a forecast for the next 12 months for RESN. The average price target is 4.59 null. This implies a price increase of 2.46% is expected in the next year compared to the current price of 4.48.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
74.55%
RESN was analyzed by 11 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about RESN.
In the previous month the buy percentage consensus was at a similar level.
RESN was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-02-18 | HC Wainwright & Co. | Downgrade | Buy -> Neutral |
| 2022-02-16 | Needham | Downgrade | Buy -> Hold |
| 2022-02-16 | Benchmark | Downgrade | Buy -> Hold |
| 2022-02-15 | Stifel | Downgrade | Buy -> Hold |
| 2022-02-15 | Craig-Hallum | Downgrade | Buy -> Hold |
| 2021-07-27 | Benchmark | Initiate | Buy |
| 2021-03-16 | HC Wainwright & Co. | Maintains | Buy |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Apr 26, 2022
- Period
- Q1 / 2022
- EPS Estimate
- -$0.09
- Revenue Estimate
- 1.714M
- Revenue Q2Q
- 180.92%
- EPS Q2Q
- 16.55%
- Number of Analysts
- 6
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A
Next Earnings Summary
RESN is expected to report earnings on 4/26/2022. The consensus EPS estimate for the next earnings is -0.09 null and the consensus revenue estimate is 1.71M null.
Full Analyst Estimates 2022 - 2024
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 740K 42.31% | 3.16M 327.03% | 2.178M -31.08% | 11.8M 441.77% | 26.949M 128.39% | 62.778M 132.95% | |
| EBITDA YoY % growth | -29.02M -18.69% | -27.09M 6.65% | -34.413M -27.03% | N/A | N/A | N/A | |
| EBIT YoY % growth | -30.01M -18.66% | -28.09M 6.40% | -35.313M -25.71% | N/A | N/A | N/A | |
| Operating Margin | -4,055.41% | -888.92% | -1,621.35% | N/A | N/A | N/A | |
| EPS YoY % growth | -0.79 1.25% | -0.43 45.57% | N/A 2.74% | -0.31 24.88% | -0.35 -12.58% | -0.41 -14.83% |
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 22 | Q2 / 22 | Q3 / 22 | Q4 / 22 | |
|---|---|---|---|---|
| EPS Q2Q % growth | -0.09 16.55% | -0.08 23.50% | -0.07 32.77% | -0.06 38.83% |
| Revenue Q2Q % growth | 1.714M 180.92% | 2.305M 275.44% | 3.111M 632.00% | 4.118M 675.56% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | N/A | N/A | N/A | N/A |
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
0.95%
EPS Next 5 Year
1.36%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
169.02%
Revenue Next 5 Year
110.03%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
RESONANT INC / RESN Forecast FAQ
What is the next earnings date for RESN stock?
RESONANT INC (RESN) will report earnings on 2022-04-26.
Can you provide the consensus estimates for RESONANT INC next earnings?
The consensus EPS estimate for the next earnings of RESONANT INC (RESN) is -0.09 null and the consensus revenue estimate is 1.71M null.
What is the consensus rating for RESN stock?
The consensus rating for RESONANT INC (RESN) is 74.5455 / 100 . This indicates that analysts generally have a positive outlook on the stock.