The price of LIQT is predicted to go up -11.95%, based on the high correlation periods with MBOT. The similarity of these two price pattern on the periods is 94.71%.
LIQT
MBOT
Down: -11.95%Similarity: 94.71%
LIQT Revenue Forecast
LIQT EPS Forecast
LIQT FAQs
What is bull’s view on LIQT?
LIQT stock is currently trading at $1.75, reflecting a recent decline of 6.41%. The bull's view is supported by the company's strategic moves, including a new lithium brine production order and a joint venture in China, which could drive future growth. Analysts maintain a strong buy rating with a price target of $3.20, indicating significant upside potential of 83.91%.
What is bear's view on LIQT?
LIQT stock is currently trading at $1.86, reflecting a 4.46% increase after the announcement of a new CFO and COO. Despite this, the company faces challenges with declining revenue (-10% YoY in Q2 2024) and increasing losses, which raises concerns about its financial health. The bearish view stems from weak fundamentals and limited near-term growth prospects, making the current price level unattractive for investment.
What is LIQT revenue forecast for next quarter?
The market consensus for LIQT's revenue in the upcoming quarter is projected to be approximately $3.75M USD.
What is LIQT eps forecast for next quarter?
The market consensus for LIQT's eps in the upcoming quarter is projected to be approximately $0.23 USD.
Lake Street lowered the firm's price target on LiqTech to $6 from $9 and keeps a Buy rating on the shares. The firm is adjusting its price target to reflect a higher share count from the recent $10M capital raise, which it says should give LiqTech "ample room to pursue its growth plans and to support working capital needs" in the oil and gas produced water segment.