CITE Stock Forecast 2025-2026
Distance to CITE Price Targets
CITE Price Momentum
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Latest CITE Stock Price Targets & Analyst Predictions
CITE has shown a year-to-date change of 1.5% and a 1-year change of 8.6%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for CITE. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CITE Analyst Ratings
CITE Price Target Range
Latest CITE Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CITE.
| Date | Firm | Analyst | Rating | Change | Price Target |
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Cartica Acquisition Corp (CITE) Competitors
The following stocks are similar to Cartica Acquisition based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Cartica Acquisition Corp (CITE) Financial Data
Cartica Acquisition Corp has a market capitalization of $94.79M with a P/E ratio of 34.9x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of +14.3%.
Valuation Metrics
Growth & Margins
Financial Health
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Cartica Acquisition Corp (CITE) Business Model
About Cartica Acquisition Corp
Focuses on business combinations in technology sector.
The company operates as a special purpose acquisition company (SPAC), raising capital through an initial public offering (IPO) to identify and merge with a target business. It does not have any significant operations and generates revenue primarily through the successful completion of a merger or acquisition.
Incorporated in 2021 and headquartered in New York, Cartica Acquisition Corp aims to leverage opportunities within the technology sector for potential growth and value creation.
Company Information
Sector
Financial Services
Industry
Shell Companies
Employees
0
CEO
Mr. Suresh Guduru
Country
United States
IPO Year
2022
Website
carticaspac.comCartica Acquisition Corp (CITE) Latest News & Analysis
Cartica Acquisition Corp Announces Change of Date and Location of Special Meeting of Shareholders
2 months agoCartica Acquisition Corp has postponed its extraordinary general meeting of shareholders from December 26, 2024, to January 3, 2025, at 9:00 a.m. ET, now to be held at Morrison & Foerster LLP in New York.
The postponement of Cartica Acquisition Corp's shareholder meeting may indicate potential uncertainties or strategic adjustments, impacting investor confidence and stock volatility.
Nidar Infrastructure and Cartica Acquisition Corp announced a merger to create a leading data center provider for AI and high-performance computing, enhancing their market position.
The merger enhances Cartica's portfolio in the growing AI data center market, potentially increasing its value and attracting investor interest in tech-related sectors.
CARTICA ACQUISITION CORP ANNOUNCES CONTRIBUTION TO TRUST ACCOUNT FOR EXTENSION AMENDMENT
11 months agoCartica Acquisition Corp will receive $40,000 monthly from its Sponsor to extend its business combination deadline to January 7, 2025, pending shareholder approval.
The cash contribution to Cartica's trust account indicates financial support for the extension of its business combination timeline, potentially enhancing deal prospects and investor confidence.
Cartica Acquisition Corp (Nasdaq: CITE) has rescheduled its extraordinary general meeting to 1:00 p.m. ET on June 23, 2023.
The rescheduling of Cartica Acquisition Corp's meeting may indicate potential changes in corporate governance or strategy, impacting investor confidence and stock performance.
Frequently Asked Questions About CITE Stock
What is Cartica Acquisition Corp's (CITE) stock forecast for 2025?
Analyst forecasts for Cartica Acquisition Corp (CITE) are not currently available. The stock is trading at $12.00.
Is CITE stock a good investment in 2025?
Analyst ratings for CITE are not currently available. The stock is currently trading at $12.00. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for CITE stock?
Price predictions from Wall Street analysts for CITE are not currently available. The stock is trading at $12.00.
What is Cartica Acquisition Corp's business model?
The company operates as a special purpose acquisition company (SPAC), raising capital through an initial public offering (IPO) to identify and merge with a target business. It does not have any significant operations and generates revenue primarily through the successful completion of a merger or acquisition.
What is the highest forecasted price for CITE Cartica Acquisition Corp?
Price targets from Wall Street analysts for CITE are not currently available. The stock is trading at $12.00.
What is the lowest forecasted price for CITE Cartica Acquisition Corp?
Price targets from Wall Street analysts for CITE are not currently available. The stock is trading at $12.00.
What is the overall CITE consensus from analysts for Cartica Acquisition Corp?
Analyst ratings for CITE are not currently available. The stock is trading at $12.00.
How accurate are CITE stock price projections?
Stock price projections, including those for Cartica Acquisition Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
