Dow Surges 500 Points; US Core Inflation Rises To 3.1%
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks rose, with the Dow Jones increasing by 1.14%, NASDAQ by 1.28%, and S&P 500 by 1.07%. Communication services led gains while real estate stocks saw a slight decline.
Inflation and Commodities Update: The U.S. annual inflation rate remained steady at 2.7% in July, with core inflation rising to 3.1%. In commodities, oil and gold prices fell, while silver and copper experienced slight increases.
Analyst Views on GEVO
Wall Street analysts forecast GEVO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GEVO is 8.13 USD with a low forecast of 2.25 USD and a high forecast of 14.00 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.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 2.020
Low
2.25
Averages
8.13
High
14.00
Current: 2.020
Low
2.25
Averages
8.13
High
14.00
About GEVO
Gevo, Inc. is a diversified energy company. The Company’s segments include Gevo, GevoFuels, GevoRNG and Gevo North Dakota (GevoND). The Gevo segment is responsible for all research and development activities related to the future production of SAF, commercial opportunities for other renewable hydrocarbon products, such as hydrocarbons for gasoline blendstocks and diesel fuel; ingredients for the chemical industry, such as ethylene and butene; plastics and materials, and other chemicals. The GevoFuels segment is focused on advancing practical, low-carbon energy alternatives that promote energy independence and strengthen the economy. The GevoRNG segment is a project that leverages anaerobic digestion technology to capture and convert methane emissions into renewable natural gas. The GevoND segment includes advanced CCS technologies and low-carbon ethanol assets at a facility in North Dakota, enhancing its portfolio of integrated carbon abatement solutions.
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.
