Elkem ASA (ELKEF)
OTHER OTC:ELKEF

Elkem ASA (ELKEF) Stock Forecast & Price Target

11 Followers
See the Price Targets and Ratings of:

ELKEF Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Elkem
ASA
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

ELKEF Stock 12 Month Forecast

There Are No Analyst Ratings for ELKEF In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

ELKEF Financial Forecast

ELKEF Earnings Forecast

Next quarter’s earnings estimate for ELKEF is $0.02 with a range of <$0.01 to $0.05. The previous quarter’s EPS was $0.02. ELKEF beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 48.07% of the time in the same period. In the last calendar year ELKEF has Underperformed its overall industry.
Next quarter’s earnings estimate for ELKEF is $0.02 with a range of <$0.01 to $0.05. The previous quarter’s EPS was $0.02. ELKEF beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 48.07% of the time in the same period. In the last calendar year ELKEF has Underperformed its overall industry.

ELKEF Sales Forecast

Next quarter’s sales forecast for ELKEF is $790.76M with a range of $753.82M to $837.67M. The previous quarter’s sales results were $757.84M. ELKEF beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 43.26% of the time in the same period. In the last calendar year ELKEF has Outperformed its overall industry.
Next quarter’s sales forecast for ELKEF is $790.76M with a range of $753.82M to $837.67M. The previous quarter’s sales results were $757.84M. ELKEF beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 43.26% of the time in the same period. In the last calendar year ELKEF has Outperformed its overall industry.

Detailed List of Analyst Forecasts​

Analyst Performance
Any
Any
Analyst Rating
Any
Any
Upside / Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Morgan Stanley
$1.91$2
Hold
$2.00
(-0.09% Downside)
Reiterated
01/12/24
Elkem ASA (ELK:NO) PT Raised to NOK22 at Morgan StanleyMorgan Stanley analyst Charles Webb raised the price target on Elkem ASA (ELK:NO) to NOK22.00 (from NOK21.00) while maintaining a Equalweight rating.
Nordea Markets
$2.54
Buy
$2.54
(27.15% Upside)
Upgraded
01/11/24
Elkem upgraded to Buy from Hold at NordeaElkem upgraded to Buy from Hold at Nordea
Citi Analyst forecast on ELKEF
Unknown Analyst
Not Ranked
Citi
$2.27$1.82
Hold
$1.82
(-9.18% Downside)
Reiterated
11/07/23
Elkem ASA (ELK:NO) PT Lowered to NOK20 at CitiCiti lowered its price target on Elkem ASA (ELK:NO) to NOK20.00 (from NOK25.00) while maintaining a Neutral rating.
SEB Enskilda Analyst forecast on ELKEF
Unknown Analyst
Not Ranked
SEB Enskilda
$2.18
Buy
$2.18
(8.99% Upside)
Upgraded
04/16/24
Elkem upgraded to Buy from Hold at SEB EquitiesElkem upgraded to Buy from Hold at SEB Equities

Best Analysts Covering Elkem ASA

Which Analyst Should I Follow If I Want to Buy ELKEF and Sell After:
1 Month
xxx
Success Rate
0/1 ratings generated profit
0%
Average Return
-12.00%
upgraded a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 0.00% of your transactions generating a profit, with an average return of -12.00% per trade.
3 Months
xxx
Success Rate
0/1 ratings generated profit
0%
Average Return
-10.90%
upgraded a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 0.00% of your transactions generating a profit, with an average return of -10.90% per trade.
1 Year
Hans JacobsenNordea Markets
Success Rate
0/1 ratings generated profit
0%
Average Return
-7.60%
upgraded a buy rating 7 months ago
Copying Hans Jacobsen's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -7.60% per trade.
2 Years
xxx
Success Rate
0/1 ratings generated profit
0%
Average Return
-7.60%
upgraded a xxx
rating 7 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -7.60% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

ELKEF Analyst Recommendation Trends

Rating
Sep 23
Oct 23
Nov 23
Dec 23
Jan 24
Strong Buy
1
0
0
0
1
Buy
0
0
0
0
0
Hold
4
4
3
3
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
4
3
3
4
In the current month, ELKEF has received 1 Buy Ratings, 3 Hold Ratings, and 0 Sell Ratings. ELKEF average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.
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ELKEF Stock Forecast FAQ

What is ELKEF’s average 12-month price target, according to analysts?
Currently, no data Available
What is ELKEF’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for ELKEF, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
    How can I follow the stock ratings of top Wall Street analysts?
    Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
      Is ELKEF a Buy, Sell or Hold?
      Currently, no data Available
      What is Elkem ASA’s price target?
      Currently, no data Available
      What do analysts say about Elkem ASA?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of ELKEF?
      Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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