The price of GTE is predicted to go up 112.68%, based on the high correlation periods with SDIG. The similarity of these two price pattern on the periods is 99%.

GTE

SDIG

Up: 112.68%Similarity: 99%

GTE Revenue Forecast

GTE EPS Forecast

GTE FAQs

What is bull’s view on GTE?

GTE stock has a bullish outlook with a price target of $7.25, supported by analyst consensus and recent oil discoveries in Ecuador, which strengthen its growth potential. The current price of $5.73 suggests a significant upside of approximately 26%. Additionally, the joint venture with Logan Energy is expected to accelerate cash flow and development, further boosting investor confidence.

What is bear's view on GTE?

GTE stock currently shows bearish sentiment due to insider selling, including CEO Gary Guidry's recent sale of 47,000 shares, signaling potential lack of confidence. Analysts maintain a Hold rating with a price target of $7.25, while the stock trades at $5.73, reflecting limited upside. Despite positive developments like oil discoveries, insider activity and mixed institutional sentiment weigh on the stock's outlook.