The price of WNEB is predicted to go up -8.62%, based on the high correlation periods with IMMR. The similarity of these two price pattern on the periods is 96.43%.

WNEB

IMMR

Down: -8.62%Similarity: 96.43%

WNEB Revenue Forecast

WNEB EPS Forecast

WNEB FAQs

What is bull’s view on WNEB?

WNEB stock has a bullish outlook due to its consistent earnings surprises, with Q2 2024 EPS of $0.17 beating estimates by 54.55% and revenue exceeding expectations at $18.3M. Analyst Laurie Havener recently upgraded the stock to "Strong Buy" with a price target of $11, reflecting an 18.28% upside potential. Despite underperforming the market in 2024, its strong financial performance and positive revisions suggest a recovery trajectory.

What is bear's view on WNEB?

WNEB stock currently faces bearish sentiment due to its underperformance relative to the market, with a 6.6% decline year-to-date as of July 2024, despite positive earnings surprises. The stock's price, around $9.30, reflects limited upside given its Zacks Rank #3 (Hold) and modest growth expectations. Concerns over declining revenue trends (-0.7% YoY in Q2 2024) and a lack of strong catalysts weigh on its near-term outlook.