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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:EMKR

EMCORE (EMKR) Stock Price, News & Analysis

$0.34
-0.02 (-5.48%)
(As of 03/28/2024 ET)
Today's Range
$0.35
$0.37
50-Day Range
$0.35
$0.67
52-Week Range
$0.31
$1.25
Volume
447,650 shs
Average Volume
832,424 shs
Market Capitalization
$26.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.50

EMCORE MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
334.8% Upside
$1.50 Price Target
Short Interest
Healthy
0.39% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.04mentions of EMCORE in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.42 out of 5 stars

Computer And Technology Sector

367th out of 589 stocks

Semiconductors & Related Devices Industry

55th out of 90 stocks

EMKR stock logo

About EMCORE Stock (NASDAQ:EMKR)

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.

EMKR Stock Price History

EMKR Stock News Headlines

Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
7 Popular Penny Stocks With Breakout Potential
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EMKR Mar 2024 5.000 call
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Northland Securities Reaffirms Their Buy Rating on Emcore (EMKR)
EMCORE Reports Fiscal 2024 First Quarter Results
Craig-Hallum Keeps Their Buy Rating on Emcore (EMKR)
5 Solid Stocks to Buy on a Solid Jump in Factory Orders
Recap: EMCORE Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:EMKR
Employees
350
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$1.50
High Stock Price Target
$1.50
Low Stock Price Target
$1.50
Potential Upside/Downside
+334.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-75,360,000.00
Pretax Margin
-43.70%

Debt

Sales & Book Value

Annual Sales
$97.72 million
Book Value
$1.04 per share

Miscellaneous

Free Float
76,593,000
Market Cap
$26.68 million
Optionable
Optionable
Beta
1.54

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EMKR Stock Analysis - Frequently Asked Questions

Should I buy or sell EMCORE stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EMCORE in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EMKR shares.
View EMKR analyst ratings
or view top-rated stocks.

What is EMCORE's stock price target for 2024?

1 Wall Street research analysts have issued 1-year price targets for EMCORE's shares. Their EMKR share price targets range from $1.50 to $1.50. On average, they predict the company's share price to reach $1.50 in the next twelve months. This suggests a possible upside of 334.8% from the stock's current price.
View analysts price targets for EMKR
or view top-rated stocks among Wall Street analysts.

How have EMKR shares performed in 2024?

EMCORE's stock was trading at $0.4890 on January 1st, 2024. Since then, EMKR shares have decreased by 29.4% and is now trading at $0.3450.
View the best growth stocks for 2024 here
.

When is EMCORE's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our EMKR earnings forecast
.

How were EMCORE's earnings last quarter?

EMCORE Co. (NASDAQ:EMKR) released its earnings results on Thursday, February, 8th. The semiconductor company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.05) by $0.01. The semiconductor company earned $24.12 million during the quarter, compared to analyst estimates of $27 million. EMCORE had a negative trailing twelve-month return on equity of 26.76% and a negative net margin of 67.43%.

When did EMCORE's stock split?

EMCORE's stock reverse split before market open on Tuesday, April 2nd 2024. The 1-10 reverse split was announced on Tuesday, April 2nd 2024. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, April 2nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has EMCORE issued on next quarter's earnings?

EMCORE updated its second quarter 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $23.0 million-$25.0 million, compared to the consensus revenue estimate of $28.7 million.

What is Hong Q. Hou's approval rating as EMCORE's CEO?

26 employees have rated EMCORE Chief Executive Officer Hong Q. Hou on Glassdoor.com. Hong Q. Hou has an approval rating of 43% among the company's employees. This puts Hong Q. Hou in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of EMCORE own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EMCORE investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Pure Storage (PSTG), Riot Platforms (RIOT), Enphase Energy (ENPH), Boeing (BA), Mastercard (MA), AT&T (T), Advanced Micro Devices (AMD) and Nokia Oyj (NOK).

Who are EMCORE's major shareholders?

EMCORE's stock is owned by a number of institutional and retail investors. Top institutional investors include Penn Capital Management Company LLC (4.58%), Neuberger Berman Group LLC (3.02%), Neuberger Berman Group LLC (3.02%), Vanguard Group Inc. (2.92%), Vanguard Group Inc. (2.92%) and Palogic Value Management L.P. (1.29%). Insiders that own company stock include Awm Investment Company, Inc, Jeffrey Rittichier and Rex S Jackson.
View institutional ownership trends
.

How do I buy shares of EMCORE?

Shares of EMKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does EMCORE have any subsidiaries?
The following companies are subsidiares of EMCORE: Alvesta, Corona Optical Systems Inc., EMCORE Chicago Inertial Corporation, EMCORE Hong Kong Limited, EMCORE Optoelectronics (Beijing) Co. LTD, EMCORE Space & Navigation Corporation, K2 Optronics Inc., KVH Industries, Langfang EMCORE Optoelectronics Company Limited, Opticomm Corporation, Phasebridge Inc., Soliant Energy Inc., and Systron Donner.
Read More
This page (NASDAQ:EMKR) was last updated on 3/29/2024 by MarketBeat.com Staff

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