NASDAQ:RESNResonant Stock Price, Forecast & News

Resonant's stock was trading at $1.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RESN stock has increased by 92.4% and is now trading at $2.27. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resonant in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Resonant.

Resonant is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Resonant.

Resonant Inc (NASDAQ:RESN) issued its quarterly earnings data on Wednesday, May, 6th. The semiconductor company reported ($0.15) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.02. The semiconductor company had revenue of $0.54 million for the quarter, compared to analyst estimates of $0.60 million. Resonant had a negative return on equity of 182.63% and a negative net margin of 2,689.78%. View Resonant's earnings history.

3 brokerages have issued 1-year price objectives for Resonant's stock. Their forecasts range from $2.20 to $4.00. On average, they anticipate Resonant's share price to reach $3.07 in the next twelve months. This suggests a possible upside of 35.1% from the stock's current price. View analysts' price targets for Resonant.

Media coverage about RESN stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Resonant earned a daily sentiment score of -4.3 on InfoTrie's scale. They also gave news headlines about the semiconductor company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the near future. View the latest news about Resonant.

Some companies that are related to Resonant include NeoPhotonics (NPTN), Adesto Technologies (IOTS), Magnachip Semiconductor (MX), DSP Group (DSPG), Ebang (EBON), NVE (NVEC), Alpha and Omega Semiconductor (AOSL), Applied Optoelectronics (AAOI), AXT (AXTI), Sequans Communications (SQNS), Atomera (ATOM), GSI Technology (GSIT), Everspin Technologies (MRAM), Pixelworks (PXLW) and POET Technologies (POETF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Resonant investors own include Advanced Micro Devices (AMD), Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), AT&T (T), Nokia Oyj (NOK), QUALCOMM (QCOM), Applied Materials (AMAT), Marvell Technology Group (MRVL) and Sorrento Therapeutics (SRNE).

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

Resonant's stock is owned by many different institutional and retail investors. Top institutional shareholders include TRUE Private Wealth Advisors (0.17%). Company insiders that own Resonant stock include Dylan Kelly, George B Holmes, Jeffrey A Killian, John E Major, Longboard Capital Advisors, Ll, Martin S Mcdermut, Marybeth Carberry, Michael J Fox, Neal Fenzi and Robert B Hammond. View institutional ownership trends for Resonant.

RESN stock was purchased by a variety of institutional investors in the last quarter, including TRUE Private Wealth Advisors. Company insiders that have bought Resonant stock in the last two years include John E Major, and Michael J Fox. View insider buying and selling activity for Resonant.

Shares of RESN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of RESN stock can currently be purchased for approximately $2.27.

Resonant has a market capitalization of $119.74 million and generates $740,000.00 in revenue each year. The semiconductor company earns $-29,930,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis. Resonant employs 70 workers across the globe.

The official website for Resonant is www.resonant.com.

Resonant's mailing address is 175 CREMONA DRIVE SUITE 200, GOLETA CA, 93117. The semiconductor company can be reached via phone at 805-308-9803 or via email at [email protected]