NASDAQ:EMKR EMCORE - EMKR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding EMCORE Co. Please log in to your account or sign up in order to add this asset to your watchlist. $1.13 +0.03 (+2.73%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$1.10▼$1.1850-Day Range$1.08▼$1.4652-Week Range$0.86▼$3.88Volume338,492 shsAverage Volume425,515 shsMarket Capitalization$43.02 millionP/E RatioN/ADividend YieldN/APrice Target$2.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EMCORE MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside121.2% Upside$2.50 Price TargetShort InterestHealthy0.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsComputer And Technology Sector367th out of 601 stocksSemiconductors & Related Devices Industry53rd out of 85 stocks 3.5 Analyst's Opinion Consensus RatingEMCORE has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.50, EMCORE has a forecasted upside of 121.2% from its current price of $1.13.Amount of Analyst CoverageEMCORE has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.66% of the float of EMCORE has been sold short.Short Interest Ratio / Days to CoverEMCORE has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in EMCORE has recently decreased by 40.00%, indicating that investor sentiment is improving 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 1.2 News and Social Media Coverage News SentimentEMCORE has a news sentiment score of 0.24. 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 0.38 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for EMCORE this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for EMKR on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added EMCORE to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EMCORE insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.00% of the stock of EMCORE is held by insiders.Percentage Held by Institutions54.89% of the stock of EMCORE is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of EMCORE is -1.11, 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 -1.11, 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 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About EMCORE (NASDAQ:EMKR) StockEMCORE Corp. engages in the manufacture and provision of mixed-signal optics products. It operates through the Aerospace and Defense segment and Broadband segment. The Aerospace and Defense segment produces navigation and inertial sensing products, and defense optoelectronics. The Broadband segment manufactures community antenna television (CATV) lasers and transmitters, chip devices, and other optical products. The company was founded in 1984 and is headquartered in Alhambra, CA.Read More 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 EMKR Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comContrasting Canadian Solar (NASDAQ:CSIQ) & EMCORE (NASDAQ:EMKR)February 15, 2023 | finance.yahoo.comEMCORE Announces Pricing of $17 Million Public Offering of Common StockMarch 22, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 9, 2023 | finance.yahoo.comEMCORE to Present at the Cowen 44th Annual Aerospace/Defense & Industrials ConferenceFebruary 8, 2023 | finance.yahoo.comEMCORE Reports Fiscal 2023 First Quarter ResultsFebruary 1, 2023 | finance.yahoo.comEMCORE Corporation to Host Fiscal 2023 First Quarter Conference Call on February 8, 2023January 5, 2023 | finance.yahoo.comEMCORE Corporation to Present at the 25th Annual Needham Growth ConferenceDecember 20, 2022 | finance.yahoo.comEMCORE Reports Fiscal 2022 Fourth Quarter ResultsMarch 22, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. December 19, 2022 | markets.businessinsider.comEMCORE earnings: here's what Wall Street expectsDecember 19, 2022 | benzinga.comPreview: EMCORE's EarningsDecember 15, 2022 | finance.yahoo.comEMCORE Announces Sale and Leaseback of Tinley Park, IL FacilityDecember 14, 2022 | finance.yahoo.comEMCORE Corporation to Host Fiscal 2022 Fourth Quarter Conference Call on December 20, 2022November 11, 2022 | finance.yahoo.comEMCORE to Participate in the 13th Annual Craig-Hallum Alpha Select ConferenceNovember 9, 2022 | finance.yahoo.comThe past year for EMCORE (NASDAQ:EMKR) investors has not been profitableOctober 9, 2022 | reuters.comEMKR.A - EMCORE Corporation | Stock Price & Latest News | ReutersSeptember 25, 2022 | reuters.comEMKR.O - EMCORE Corporation | Stock Price & Latest News | ReutersSeptember 20, 2022 | businesswire.comInsights on the Avalanche Photodiode Chip Global Market to 2029 - Key Industry Drivers and Restraints - ResearchAndMarkets.com - Business WireSeptember 15, 2022 | globenewswire.comEMCORE to Showcase One of the Industry's Broadest Product - GlobeNewswireSeptember 15, 2022 | finance.yahoo.comEMCORE to Showcase One of the Industry’s Broadest Product Portfolios at ION GNSS+, Including Recently Acquired KVH Inertial Navigation ProductsSeptember 15, 2022 | finance.yahoo.comEMCORE Corporation (EMKR)August 13, 2022 | globenewswire.comEMCORE Announces Inducement Plan and Grants under Nasdaq Listing Rule 5635(c)(4) - GlobeNewswireAugust 12, 2022 | finance.yahoo.comEMCORE Announces Inducement Plan and Grants under Nasdaq Listing Rule 5635(c)(4)August 9, 2022 | seekingalpha.comEMCORE Non-GAAP EPS of -$0.17 misses by $0.04, revenue of $23.7M misses by $2.01M (NASDAQ:EMKR) - Seeking AlphaAugust 9, 2022 | benzinga.comRecap: EMCORE Q3 Earnings - BenzingaAugust 9, 2022 | globenewswire.comEMCORE Reports Fiscal 2022 Third Quarter Results and Announces the Acquisition of the KVH FOG and Inertial Navigation Systems Business - GlobeNewswireAugust 9, 2022 | finance.yahoo.comEMCORE Reports Fiscal 2022 Third Quarter Results and Announces the Acquisition of the KVH FOG and Inertial Navigation Systems BusinessSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 EMKR Company Calendar Last Earnings11/30/2021Today3/22/2023Next Earnings (Estimated)5/03/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:EMKR CUSIPN/A CIK808326 Webwww.emcore.com Phone(626) 293-3400Fax626-293-3428Employees365Year Founded1984Price Target and Rating Average Stock Price Forecast$2.50 High Stock Price Forecast$2.50 Low Stock Price Forecast$2.50 Forecasted Upside/Downside+121.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.02) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-24,330,000.00 Net Margins-35.93% Pretax Margin-36.13% Return on Equity-25.46% Return on Assets-16.95% Debt Debt-to-Equity Ratio0.11 Current Ratio2.94 Quick Ratio1.68 Sales & Book Value Annual Sales$124.13 million Price / Sales0.35 Cash FlowN/A Price / Cash FlowN/A Book Value$3.16 per share Price / Book0.36Miscellaneous Outstanding Shares38,070,000Free Float37,309,000Market Cap$43.02 million OptionableOptionable Beta1.39 Social Links Key ExecutivesJeffrey S. RittichierPresident, Chief Executive Officer & DirectorIain BlackSenior Vice President-OperationsTom MinichielloChief Financial OfficerHank BlauveltChief Technology OfficerGyo ShinozakiVP & General Manager-BroadbandKey CompetitorsGSI TechnologyNASDAQ:GSITLightPath TechnologiesNASDAQ:LPTHQuickLogicNASDAQ:QUIKApplied OptoelectronicsNASDAQ:AAOIVIA optronicsNYSE:VIAOView All CompetitorsInsiders & InstitutionsKovack Advisors Inc.Bought 326,800 shares on 2/22/2023Ownership: 2.737%Millennium Management LLCSold 17,957 shares on 2/15/2023Ownership: 0.732%Jane Street Group LLCBought 131,052 shares on 2/15/2023Ownership: 0.346%Boothbay Fund Management LLCBought 113,227 shares on 2/15/2023Ownership: 0.299%Morgan StanleySold 29,794 shares on 2/15/2023Ownership: 0.202%View All Insider TransactionsView All Institutional Transactions EMKR Stock - Frequently Asked Questions Should I buy or sell EMCORE stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EMCORE in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EMKR shares. View EMKR analyst ratings or view top-rated stocks. What is EMCORE's stock price forecast for 2023? 2 Wall Street research analysts have issued twelve-month target prices for EMCORE's shares. Their EMKR share price forecasts range from $2.50 to $2.50. On average, they expect the company's share price to reach $2.50 in the next twelve months. This suggests a possible upside of 121.2% 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 2023? EMCORE's stock was trading at $0.9625 at the beginning of 2023. Since then, EMKR stock has increased by 17.4% and is now trading at $1.13. View the best growth stocks for 2023 here. Are investors shorting EMCORE? EMCORE saw a decrease in short interest in February. As of February 28th, there was short interest totaling 224,400 shares, a decrease of 40.0% from the February 13th total of 374,000 shares. Based on an average daily volume of 488,100 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.7% of the shares of the stock are sold short. View EMCORE's Short Interest. When is EMCORE's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our EMKR earnings forecast. How were EMCORE's earnings last quarter? EMCORE Co. (NASDAQ:EMKR) posted its earnings results on Tuesday, November, 30th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The semiconductor company had revenue of $43.95 million for the quarter, compared to analysts' expectations of $43 million. EMCORE had a negative trailing twelve-month return on equity of 25.46% and a negative net margin of 35.93%. During the same period in the prior year, the business posted $0.07 earnings per share. What guidance has EMCORE issued on next quarter's earnings? EMCORE updated its second quarter 2023 earnings guidance on Wednesday, February, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $27.00 million-$29.00 million, compared to the consensus revenue estimate of $27.50 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). What is EMCORE's stock symbol? EMCORE trades on the NASDAQ under the ticker symbol "EMKR." Who are EMCORE's major shareholders? EMCORE's stock is owned by many different retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (5.91%), AWM Investment Company Inc. (5.28%), Renaissance Technologies LLC (3.84%), Kovack Advisors Inc. (2.74%), Aegis Financial Corp (2.63%) and Dimensional Fund Advisors LP (2.60%). Insiders that own company stock include Jeffrey Rittichier, Rex S Jackson and Stephen L Domenik. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is EMCORE's stock price today? One share of EMKR stock can currently be purchased for approximately $1.13. How much money does EMCORE make? EMCORE (NASDAQ:EMKR) has a market capitalization of $43.02 million and generates $124.13 million in revenue each year. The semiconductor company earns $-24,330,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis. How many employees does EMCORE have? The company employs 365 workers across the globe. 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 How can I contact EMCORE? EMCORE's mailing address is 2015 W. Chestnut Street, Alhambra CA, 91803. The official website for the company is www.emcore.com. The semiconductor company can be reached via phone at (626) 293-3400, via email at investor_emkr@emcore.com, or via fax at 626-293-3428. This page (NASDAQ:EMKR) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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