NASDAQ:EMKR EMCORE (EMKR) Stock Price, News & Analysis → Amazon's betting big on this unknown AI company (From Manward Press) (Ad) Free EMKR Stock Alerts $1.08 +0.06 (+5.88%) (As of 05/15/2024 ET) Add Compare Share Share Today's Range$1.01▼$1.0950-Day Range$1.00▼$40.3052-Week Range$0.97▼$9.50Volume646,835 shsAverage Volume205,101 shsMarket Capitalization$8.35 millionP/E RatioN/ADividend YieldN/APrice Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get EMCORE alerts: Email Address EMCORE MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside1,288.9% Upside$15.00 Price TargetShort InterestHealthy1.98% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.10Based on 14 Articles This WeekInsider TradingSelling Shares$1.41 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.29 out of 5 stars 3.2 Analyst's Opinion Consensus RatingEMCORE has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageEMCORE has only been the subject of 2 research reports in the past 90 days.Read more about EMCORE's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.98% of the float of EMCORE has been sold short.Short Interest Ratio / Days to CoverEMCORE has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in EMCORE has recently increased by 142.72%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEMCORE does not currently pay a dividend.Dividend GrowthEMCORE does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EMKR. Previous Next 2.3 News and Social Media Coverage News SentimentEMCORE has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 14 news articles for EMCORE this week, compared to 1 article on an average week.Search Interest6 people have searched for EMKR on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added EMCORE to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EMCORE insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,405,889.00 in company stock.Percentage Held by InsidersOnly 0.94% of the stock of EMCORE is held by insiders.Percentage Held by Institutions65.66% of the stock of EMCORE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about EMCORE's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of EMCORE is -0.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of EMCORE is -0.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEMCORE has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about EMCORE's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsWall Street legend who predicted 2021 tech crash issues new warningPeople around the world follow 50-year Wall Street veteran Marc Chaikin for his surprisingly accurate stock predictions. And he just issued an urgent WARNING for some of the most popular stocks in U.S. history.Watch his stock warning right here, 100% free of charge About EMCORE Stock (NASDAQ:EMKR)EMCORE Corporation, together with its subsidiaries, designs and manufactures fiber optic gyro, ring laser gyro, and micro electromechanical system-based inertial sensors and systems in the United States and internationally. It offers navigation system and inertial sensing products, such as gyroscopes and multi-axis sensors, inertial measurement units, fiber optic gyroscopes, quartz micro electromechanical systems, inertial navigation systems, tactical navigation, and naval and amphibious navigation, as well as radar positioning and pointing systems, and battlefield/artillery survey systems. The company sells its products through direct sales force, application engineers, third-party sales representatives, and distributors. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California.Read More EMKR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EMKR Stock News HeadlinesMay 14 at 4:34 AM | insidertrades.comEMCORE Co. (NASDAQ:EMKR) Major Shareholder Sells $1,405,888.96 in StockMay 14 at 10:28 AM | finance.yahoo.comEMCORE Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 14 at 4:42 AM | americanbankingnews.comEMCORE Co. (NASDAQ:EMKR) Major Shareholder Archon Capital Management Llc Sells 1,255,258 SharesMay 12 at 3:55 PM | finance.yahoo.comBearish: Analysts Just Cut Their EMCORE Corporation (NASDAQ:EMKR) Revenue and EPS estimatesMay 10, 2024 | benzinga.comLatest News for EMCORE Stock (NASDAQ:EMKR)May 10, 2024 | msn.comAlliance Global Partners Downgrades EMCORE (EMKR)May 9, 2024 | finance.yahoo.comEMCORE Corporation (NASDAQ:EMKR) Q2 2024 Earnings Call TranscriptMay 9, 2024 | investorplace.comWhy Is Emcore (EMKR) Stock Down 41% Today?May 9, 2024 | finance.yahoo.comEMCORE Corp (EMKR) Q2 2024 Earnings Call Transcript Highlights: Navigating Challenges and ...May 8, 2024 | chron.comEmcore: Fiscal Q2 Earnings SnapshotMay 8, 2024 | globenewswire.comEMCORE Reports Fiscal 2024 Second Quarter ResultsMay 4, 2024 | finanznachrichten.deEMCORE Corporation: EMCORE Announces Sale of Chips Business and Wafer Fabrication Operations for $2.92M and Certain Assumed LiabilitiesMay 2, 2024 | globenewswire.comEMCORE Corporation to Host Fiscal 2024 Second Quarter Conference Call on May 8, 2024May 2, 2024 | globenewswire.comEMCORE Announces Sale of Chips Business and Wafer Fabrication Operations for $2.92M and Certain Assumed LiabilitiesMarch 6, 2024 | investorplace.com7 of the Best Speculative Stocks You Can Snag for Less Than $1February 28, 2024 | investorplace.com7 Popular Penny Stocks With Breakout PotentialFebruary 26, 2024 | investorplace.com3 Tech Penny Stocks That Could Become Tomorrow's GiantsFebruary 17, 2024 | finance.yahoo.comEMKR Mar 2024 5.000 callFebruary 11, 2024 | finance.yahoo.comEMCORE Corporation (NASDAQ:EMKR) Q1 2024 Earnings Call TranscriptFebruary 9, 2024 | finanznachrichten.deEMCORE Corporation: EMCORE Reports Fiscal 2024 First Quarter ResultsFebruary 9, 2024 | markets.businessinsider.comNorthland Securities Reaffirms Their Buy Rating on Emcore (EMKR)February 9, 2024 | msn.comEmcore Corp Announces Senior VP of Operations ExitFebruary 8, 2024 | finance.yahoo.comEMCORE Reports Fiscal 2024 First Quarter ResultsFebruary 6, 2024 | finance.yahoo.comEMCORE to Present at the TD Cowen 45th Annual Aerospace & Defense ConferenceFebruary 5, 2024 | markets.businessinsider.comCraig-Hallum Keeps Their Buy Rating on Emcore (EMKR)See More Headlines Receive EMKR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EMCORE and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/30/2021Today5/15/2024Next Earnings (Estimated)8/13/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:EMKR CUSIPN/A CIK808326 Webwww.emcore.com Phone(626) 293-3400Fax626-293-3428Employees350Year Founded1984Price Target and Rating Average Stock Price Target$15.00 High Stock Price Target$15.00 Low Stock Price Target$15.00 Potential Upside/Downside+1,295.3%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($8.70) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,360,000.00 Net Margins-68.57% Pretax Margin-43.70% Return on Equity-26.00% Return on Assets-15.05% Debt Debt-to-Equity Ratio0.10 Current Ratio3.11 Quick Ratio1.95 Sales & Book Value Annual Sales$97.72 million Price / Sales0.09 Cash FlowN/A Price / Cash FlowN/A Book Value$10.41 per share Price / Book0.10Miscellaneous Outstanding Shares7,730,000Free Float7,659,000Market Cap$8.31 million OptionableOptionable Beta1.54 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Jeffrey S. Rittichier (Age 64)CEO, President & Director Comp: $523.86kMr. Thomas P. Minichiello (Age 65)Chief Financial Officer Comp: $408.53kMr. Mark A. Gordon (Age 61)Director of Accounting Mr. Ryan HochgesangVP, General Counsel & SecretaryKey CompetitorsWiSA TechnologiesNASDAQ:WISASemiLEDsNASDAQ:LEDSNano LabsNASDAQ:NAMeta MaterialsNASDAQ:MMATSEALSQNASDAQ:LAESView All CompetitorsInsiders & InstitutionsArchon Capital Management LLCBought 4,951,568 shares on 5/14/2024Ownership: 162.388%Perkins Capital Management Inc.Sold 25,000 shares on 5/10/2024Ownership: 29.889%Archon Capital Management LlcSold 1,255,258 sharesTotal: $1.41 M ($1.12/share)Kovack Advisors Inc.Bought 83,100 shares on 4/19/2024Ownership: 11.477%Penn Capital Management Company LLCBought 1,284,624 shares on 2/15/2024Ownership: 4.580%View All Insider TransactionsView All Institutional Transactions EMKR Stock Analysis - Frequently Asked Questions Should I buy or sell EMCORE stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EMCORE in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" EMKR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EMKR, but not buy additional shares or sell existing shares. View EMKR analyst ratings or view top-rated stocks. What is EMCORE's stock price target for 2024? 3 Wall Street analysts have issued 1-year price objectives for EMCORE's stock. Their EMKR share price targets range from $15.00 to $15.00. On average, they predict the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 1,288.9% from the stock's current price. View analysts price targets for EMKR or view top-rated stocks among Wall Street analysts. How have EMKR shares performed in 2024? EMCORE's stock was trading at $48.90 on January 1st, 2024. Since then, EMKR shares have decreased by 97.8% and is now trading at $1.08. View the best growth stocks for 2024 here. When is EMCORE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our EMKR earnings forecast. How were EMCORE's earnings last quarter? EMCORE Co. (NASDAQ:EMKR) released its quarterly earnings data on Tuesday, November, 30th. The semiconductor company reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $1.60 by $0.10. The semiconductor company had revenue of $43.95 million for the quarter, compared to the consensus estimate of $43 million. EMCORE had a negative net margin of 68.57% and a negative trailing twelve-month return on equity of 26.00%. During the same period in the previous year, the firm earned $0.70 EPS. When did EMCORE's stock split? Shares of EMCORE reverse split before market open on Tuesday, April 2nd 2024. The 1-10 reverse split was announced on Tuesday, April 2nd 2024. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, April 2nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What guidance has EMCORE issued on next quarter's earnings? EMCORE issued an update on its third quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $19.0 million-$21.0 million, compared to the consensus revenue estimate of $26.2 million. What is Hong Q. Hou's approval rating as EMCORE's CEO? 26 employees have rated EMCORE Chief Executive Officer Hong Q. Hou on Glassdoor.com. Hong Q. Hou has an approval rating of 43% among the company's employees. This puts Hong Q. Hou in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of EMCORE own? Based on aggregate information from My MarketBeat watchlists, some companies that other EMCORE investors own include NVIDIA (NVDA), QUALCOMM (QCOM), Pure Storage (PSTG), Riot Platforms (RIOT), Enphase Energy (ENPH), Boeing (BA), Mastercard (MA), AT&T (T), Advanced Micro Devices (AMD) and Nokia Oyj (NOK). Who are EMCORE's major shareholders? EMCORE's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Archon Capital Management LLC (162.39%), Perkins Capital Management Inc. (29.89%) and Kovack Advisors Inc. (11.48%). Insiders that own company stock include Archon Capital Management Llc, Awm Investment Company, Inc, Jeffrey Rittichier and Rex S Jackson. View institutional ownership trends. How do I buy shares of EMCORE? Shares of EMKR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does EMCORE have any subsidiaries? The following companies are subsidiares of EMCORE: Alvesta, Corona Optical Systems Inc., EMCORE Chicago Inertial Corporation, EMCORE Hong Kong Limited, EMCORE Optoelectronics (Beijing) Co. LTD, EMCORE Space & Navigation Corporation, K2 Optronics Inc., KVH Industries, Langfang EMCORE Optoelectronics Company Limited, Opticomm Corporation, Phasebridge Inc., Soliant Energy Inc., and Systron Donner.Read More This page (NASDAQ:EMKR) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersAmazon's betting big on this unknown AI companyManward PressWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingShocking $16T Elon Musk Crypto LeakCrypto 101 MediaDems have chosen Biden replacement?Paradigm PressGold Set to EXPLODE!Gold Safe ExchangeRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap SniperThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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