Aterian (ATER) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aterian in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ATER shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ATER, but not buy additional shares or sell existing shares.
View ATER analyst ratings or view top-rated stocks.

3 brokerages have issued 12 month price targets for Aterian's stock. Their ATER share price forecasts range from $2.75 to $4.00. On average, they predict the company's stock price to reach $3.44 in the next year. This suggests a possible upside of 488.5% from the stock's current price.
View analysts price targets for ATER or view top-rated stocks among Wall Street analysts.

Aterian's stock was trading at $0.7703 at the start of the year. Since then, ATER shares have decreased by 24.2% and is now trading at $0.5841.
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Aterian saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 8,080,000 shares, a decrease of 7.8% from the April 30th total of 8,760,000 shares. Based on an average trading volume of 893,400 shares, the days-to-cover ratio is presently 9.0 days. Currently, 10.8% of the company's shares are sold short.
View Aterian's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our ATER earnings forecast.

Aterian, Inc. (NASDAQ:ATER) released its quarterly earnings data on Thursday, March, 9th. The company reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by $0.01. The firm earned $54.90 million during the quarter, compared to analysts' expectations of $54.50 million. Aterian had a negative net margin of 83.64% and a negative trailing twelve-month return on equity of 41.02%.

Aterian updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $37.00 million-$44.00 million, compared to the consensus revenue estimate of $53.52 million.

Aterian trades on the NASDAQ under the ticker symbol "ATER."

Aterian's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.26%), Geode Capital Management LLC (1.69%), State Street Corp (1.42%), XTX Topco Ltd (0.60%), Renaissance Technologies LLC (0.23%) and Charles Schwab Investment Management Inc. (0.23%). Insiders that own company stock include 9830 Macarthur Llc, 9830 Macarthur, Llc, Arturo Rodriguez, Joseph A Risico, Mihal Chaouat-Fix, Roi Zion Zahut, Tomer Pascal, Walter Amy Von and Yaniv Zion Sarig.
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Shares of ATER stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATER stock can currently be purchased for approximately $0.58.

Aterian (NASDAQ:ATER) has a market capitalization of $47.39 million and generates $221.17 million in revenue each year. The company earns $-196,290,000.00 in net income (profit) each year or ($2.68) on an earnings per share basis.

The company employs 156 workers across the globe.

Aterian's mailing address is 37 EAST 18TH STREET 7TH FLOOR, NEW YORK NY, 10003. The official website for the company is www.aterian.io. The company can be reached via phone at (347) 676-1681 or via email at ir@mohawkgp.com.