ASRT Should I Buy
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
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Assertio Holdings Inc (ASRT) is not a strong buy for a beginner, long-term investor at this time. While the stock has shown recent price increases and bullish moving averages, the financial performance shows significant declines in net income and EPS, which raises concerns about long-term growth potential. Additionally, no strong trading signals or positive catalysts are present to justify immediate action.
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), indicating a positive trend. However, the MACD is negative and contracting, and the RSI is neutral at 57.324, suggesting no clear momentum. Key resistance levels are at 12.714 and 13.091, while support levels are at 11.491 and 11.114.
The stock has a bullish moving average trend, and the price has recently increased by 2.18% in the regular market and 1.22% in post-market trading. Analysts have significantly raised the price target to $35, indicating potential upside.
The financial performance in Q3 2025 shows a significant drop in net income (-491.82% YoY) and EPS (-450.00% YoY), which could deter long-term investors. No recent news or congress trading data is available, and hedge funds and insiders remain neutral. Additionally, the stock's historical trend suggests a potential 16.1% decline in the next month.
In Q3 2025, revenue increased by 69.36% YoY to $49.46M, and gross margin improved to 61.08% (+19.06% YoY). However, net income dropped significantly by -491.82% YoY to $11.45M, and EPS declined by -450.00% YoY to 1.61, raising concerns about profitability.
H.C. Wainwright analyst Raghuram Selvaraju raised the price target from $3 to $35 and maintained a Buy rating. This indicates optimism from analysts despite the company's financial challenges.
