Resonant - RESN Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Resonant in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RESN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RESN, but not buy additional shares or sell existing shares.
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5 analysts have issued 1 year target prices for Resonant's shares. Their RESN share price forecasts range from $4.50 to $4.50. On average, they anticipate the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price.
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Resonant Inc. (NASDAQ:RESN) released its earnings results on Wednesday, November, 10th. The semiconductor company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.01. The semiconductor company earned $0.43 million during the quarter, compared to analyst estimates of $0.60 million. Resonant had a negative trailing twelve-month return on equity of 187.27% and a negative net margin of 1,651.52%. During the same quarter last year, the business earned ($0.11) EPS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Resonant investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Advanced Micro Devices (AMD), Nokia Oyj (NOK), AT&T (T), QUALCOMM (QCOM), Gilead Sciences (GILD), Marvell Technology (MRVL) and Enterprise Products Partners (EPD).

Resonant trades on the NASDAQ under the ticker symbol "RESN."

One share of RESN stock can currently be purchased for approximately $4.48.

Resonant (NASDAQ:RESN) has a market capitalization of $300.99 million and generates $2.18 million in revenue each year. The semiconductor company earns $-35,970,000.00 in net income (profit) each year or ($0.57) on an earnings per share basis.

Resonant's mailing address is 175 CREMONA DRIVE SUITE 200, GOLETA CA, 93117. The official website for the company is www.resonant.com. The semiconductor company can be reached via phone at (805) 308-9803 or via email at ir@resonant.com.