Resonant Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Resonant in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Resonant stock.
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Wall Street analysts have given Resonant a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Resonant wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Resonant is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Resonant.

Resonant Inc. (NASDAQ:RESN) posted its quarterly earnings data on Monday, March, 15th. The semiconductor company reported ($0.10) EPS for the quarter, hitting the Zacks' consensus estimate of ($0.10). The semiconductor company earned $0.61 million during the quarter, compared to analyst estimates of $0.60 million. Resonant had a negative net margin of 967.16% and a negative trailing twelve-month return on equity of 141.20%.
View Resonant's earnings history.

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. Since then, RESN shares have increased by 232.2% and is now trading at $3.92.
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Resonant updated its fourth quarter 2020 Pre-Market earnings guidance on Tuesday, February, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $600K - 600K, compared to the consensus revenue estimate of $600K.

3 analysts have issued 12-month price objectives for Resonant's stock. Their forecasts range from $4.00 to $6.25. On average, they anticipate Resonant's share price to reach $5.42 in the next twelve months. This suggests a possible upside of 38.2% from the stock's current price.
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Some companies that are related to Resonant include Alpha and Omega Semiconductor (AOSL), Photronics (PLAB), Maxeon Solar Technologies (MAXN), ReneSola (SOL), Ebang International (EBON), NeoPhotonics (NPTN), Ascent Solar Technologies (ASTI), Atomera (ATOM), AXT (AXTI), Netlist (NLST), DSP Group (DSPG), NVE (NVEC), POET Technologies (POETF), VIA optronics (VIAO) and eMagin (EMAN).
View all of RESN's competitors.

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 (NOK), AT&T (T), QUALCOMM (QCOM), Gilead Sciences (GILD), Marvell Technology Group (MRVL) and Enterprise Products Partners (EPD).

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

Shares of RESN 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 RESN stock can currently be purchased for approximately $3.92.

Resonant has a market capitalization of $235.67 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 77 workers across the globe.

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

Resonant is headquartered at 175 CREMONA DRIVE SUITE 200, GOLETA CA, 93117.

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]