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What 4 Analyst Ratings Have To Say About Nauticus Robotics

Benzinga ·  Jun 21, 2023 21:04

Over the past 3 months, 4 analysts have published their opinion on Nauticus Robotics (NASDAQ:KITT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings20200
Last 30D00100
1M Ago00000
2M Ago10100
3M Ago10000

These 4 analysts have an average price target of $3.75 versus the current price of Nauticus Robotics at $2.1, implying upside.

Below is a summary of how these 4 analysts rated Nauticus Robotics over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average has decreased by 49.46% from the previous average price target of $7.42.

Stay up to date on Nauticus Robotics analyst ratings.

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Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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