Acacia Research Corporation (ACTG) Stock Forecast & Price Target
Acacia Research Corporation · NASDAQ
$4.56+0.00 (+0.00%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 1 firms covering Acacia Research Corporation, 1 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $6.00 to $6.00, so the covering firms are broadly aligned. The average target of $6.00 sits 32% above the current $4.56. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees revenue growth near -32% this year, consensus EPS building from about $-0.10 next quarter toward $-0.35 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS1 ratings
Strong Buy
Strong Buy00%
Buy1100%
Hold00%
Sell00%
Strong Sell00%
Based on 1 analysts giving stock ratings to Acacia Research Corporation.
As of Sep, 1 of 1 firms rate ACTG a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ACTG EPS & revenue forecast
EPS · NEXT QUARTER
$-0.10
Range $-0.10 – $-0.10 · 1 analysts · -433% YoY
Next period, 1 analysts expect Acacia Research Corporation to earn $-0.10 a share (range $-0.10 – $-0.10), versus $0.03 a year earlier. Full-year consensus is $-0.34, growing to $-0.35 the year after.
REVENUE · NEXT QUARTER
$45.0M
Range $45.0M – $45.0M · 1 analysts · -23% YoY
Revenue is expected to reach $45.0M (range $45.0M – $45.0M), -23.0% year-over-year. Full-year consensus is $259.3M, rising to $200.0M next year.
Top analysts covering Acacia Research Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ACTG.
#1
Anthony Stoss
Craig-Hallum · Rank #278
Buy
$6.00+31.6% to target
Overall win rate
38%
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ACTG stock forecast FAQ
What is ACTG's average 12-month price target?+
The 1 analysts with a live target average $6.00 for Acacia Research Corporation over the next 12 months, ranging from a $6.00 high to a $6.00 low.
Is ACTG stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 1 analyst ratings, 1 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover ACTG?+
1 analysts have an active rating on Acacia Research Corporation, and 1 firms carry a live 12-month price target.
Who is the most accurate analyst covering ACTG?+
Among analysts who currently cover ACTG, Anthony Stoss of Craig-Hallum has the strongest overall Quantellect track record (Rank #278). Their current call is Buy with a $6.00 target.
What is Acacia Research Corporation's projected EPS for next quarter?+
The consensus estimate is $-0.10 per share (range $-0.10 – $-0.10) across 1 analysts. Full-year EPS is projected at $-0.34, rising to $-0.35 the following year.
How much revenue is Acacia Research Corporation expected to report next quarter?+
Consensus revenue is $45.0M (range $45.0M – $45.0M). Full-year revenue is projected at $259.3M, growing to $200.0M next year.
Have analysts been upgrading or downgrading ACTG lately?+
As of Sep, 1 of 1 firms rate ACTG a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ACTG calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
