Cepton - CPTN Stock Forecast, Price & News

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

3 Wall Street analysts have issued 1-year price objectives for Cepton's stock. Their CPTN share price forecasts range from $2.00 to $5.50. On average, they anticipate the company's share price to reach $3.75 in the next year. This suggests a possible upside of 670.7% from the stock's current price.
View analysts price targets for CPTN or view top-rated stocks among Wall Street analysts.

Cepton's stock was trading at $1.27 at the beginning of 2023. Since then, CPTN stock has decreased by 61.7% and is now trading at $0.4866.
View the best growth stocks for 2023 here.

Cepton saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,550,000 shares, an increase of 72.3% from the February 28th total of 1,480,000 shares. Based on an average daily trading volume, of 583,900 shares, the short-interest ratio is currently 4.4 days. Approximately 5.9% of the company's stock are short sold.
View Cepton's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our CPTN earnings forecast.

Cepton, Inc. (NASDAQ:CPTN) posted its quarterly earnings data on Tuesday, March, 14th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.10). The firm earned $1.58 million during the quarter, compared to the consensus estimate of $2.35 million. Cepton had a net margin of 126.33% and a negative trailing twelve-month return on equity of 432.08%. During the same period in the prior year, the business earned ($0.33) EPS.

Cepton issued an update on its FY 2023 earnings guidance on Tuesday, March, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $15.00 million-$20.00 million, compared to the consensus revenue estimate of $25.50 million.

Cepton trades on the NASDAQ under the ticker symbol "CPTN."

Cepton's stock is owned by many different retail and institutional investors. Top institutional shareholders include Point72 Asset Management L.P. (1.16%), Nomura Holdings Inc. (0.06%), Bank of America Corp DE (0.02%) and Morgan Stanley (0.01%). Insiders that own company stock include Jun Pei and Mark Mccord.
View institutional ownership trends.

Shares of CPTN 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.
Compare Top Brokerages Here.

One share of CPTN stock can currently be purchased for approximately $0.49.

Cepton (NASDAQ:CPTN) has a market capitalization of $76.28 million and generates $7.43 million in revenue each year. The company earns $9.38 million in net income (profit) each year or $0.12 on an earnings per share basis.

Cepton's mailing address is 399 West Trimble Road, San Jose CA, 95131. The official website for the company is www.cepton.com. The company can be reached via phone at 408-459-7579 or via email at investorrelations@cepton.com.