The FTAC Emerald Acquisition Corp. (EMLD) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered EMLD. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for EMLD is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
EMLD is a stock in Financial Services which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end EMLD is forecasted to be $ by from .
These are the latest 20 analyst ratings of EMLD.
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When did it IPO
2022
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Mr. Bracebridge Hemyng Young Jr.
Market Cap
$157.3M
In 2023, EMLD generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that EMLD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
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Revenue From 2023
Summary - FTAC Emerald Acquisition Corp. will change its trading ticker symbols to FLD, FLDU, and FLDW on August 2, 2024, following a business combination with bitcoin financial services firm Fold, Inc.
Why It Matters - The ticker change signals a merger with Fold, Inc., indicating a shift towards the bitcoin sector, which may attract attention and influence stock performance.
Summary - FTAC Emerald Acquisition Corp. (NASDAQ: EMLD) will change its ticker symbols on August 2, 2024, with Common Stock, Units, and Warrants trading as FLD, FLDDU, and FLDDW, respectively.
Why It Matters - The ticker symbol change for FTAC Emerald may affect trading dynamics and investor sentiment, impacting liquidity and recognition in the market for its securities.
Summary - Fold, Inc. will merge with FTAC Emerald Acquisition Corp. to become a publicly-listed company on NASDAQ, pending the closing of the transaction.
Why It Matters - Fold's merger with FTAC Emerald could enhance its market visibility and access to capital, potentially boosting investor confidence and driving stock performance in the crypto sector.