Amentum Holdings (AMTM) Stock Surpasses Analyst Target Price of $33.73
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: NASDAQ.COM
- Stock Performance: Amentum Holdings Inc (AMTM) shares are currently trading at $34.40, surpassing the average analyst 12-month target price of $33.73, indicating market optimism about the company's future performance.
- Analyst Reactions: As the stock price exceeds the target, analysts may either downgrade their valuations or raise their target prices, reflecting differing views on the company's fundamental improvements, which could influence investor decisions.
- Target Price Distribution: Among the 11 analysts covered by Zacks, target prices range from $29.00 to $40.00, with a standard deviation of $3.165, highlighting varying expectations for AMTM's future performance in the market.
- Investor Signal: The breach of the target price provides a good signal for investors to reassess the company, prompting them to consider whether to hold or reduce their positions in light of potential overvaluation risks.
Analyst Views on AMTM
Wall Street analysts forecast AMTM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMTM is 27.20 USD with a low forecast of 20.00 USD and a high forecast of 35.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
1 Buy
3 Hold
1 Sell
Hold
Current: 33.630
Low
20.00
Averages
27.20
High
35.00
Current: 33.630
Low
20.00
Averages
27.20
High
35.00
About AMTM
Amentum Holdings, Inc. is a global advanced engineering and technology solutions provider to a broad base of the United States and allied government agencies, supporting programs of critical national importance across energy and environmental, intelligence, space, defense, civilian and commercial end-markets. It offers a range of capabilities, including intelligence and counter-threat solutions, data fusion and analytics, engineering and integration, environmental solutions, advanced test, training and readiness, and citizen solutions. Its segments include Digital Solutions (DS) and Global Engineering Solutions (GES). The DS segment offers advanced digital and data-driven solutions including intelligence analytics, space system development, cybersecurity, and next-generation information technology for the federal government and commercial clients. The GES segment offers large-scale environmental remediation, clean energy, platform engineering, sustainment and supply chain management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
