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Home โบ Stocks โบ Mingteng International Corp (MTEN) Stock Forecast & Price Prediction China | NASDAQ | Industrials | Metal Fabrication
$15.68
+0.68 (4.53%)10 Quality Stocks Worth Considering Now
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MTEN has shown a year-to-date change of 152.9% and a 1-year change of 174.6%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for MTEN. 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.
These are the latest 20 analyst ratings and price targets for MTEN.
Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Mingteng International based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Mingteng International Corp has a market capitalization of $107.24M with a P/E ratio of 88.0x. The company generates $10.12M in trailing twelve-month revenue with a -56.1% profit margin.
Revenue growth is +20.1% quarter-over-quarter, while maintaining an operating margin of -88.4% and return on equity of -71.4%.
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Produces advanced microchips and semiconductor products.
The company generates revenue through the manufacturing and distribution of microchips and semiconductor products that are crucial for various technologies such as consumer electronics, automotive systems, and telecommunications. Its robust partnerships with major tech firms enhance its market position and facilitate steady demand for its products.
Mingteng International Corp maintains a strong presence in both domestic and international markets, playing a crucial role in the global technology supply chain. The corporation invests in research and development to innovate and improve chip performance, ensuring its competitiveness in a rapidly evolving industry.
Industrials
Metal Fabrication
160
Mr. Yingkai Xu
China
2024
Mingteng International Corporation (Nasdaq: MTEN) reported its 2024 fiscal results, highlighting strategic expansions in production capacity and workforce to meet market demands and competition.
Mingteng International's expansion and workforce increase signal growth potential, influencing future revenue and competitiveness, which can impact stock performance and investor sentiment.
Mingteng International Corporation (Nasdaq: MTEN) reported its fiscal year 2023 financial results on May 15, 2024. CEO Yingkai Xu expressed satisfaction with the outcomes.
Mingteng International's financial results can signal performance trends in the automotive sector, impacting investor sentiment and stock valuation of the company and its peers.
Mingteng International Corporation (Nasdaq: MTEN) announced the full exercise of its over-allotment option, raising an additional $630,000. Total shares sold in its IPO now stand at 1,207,500, with gross proceeds of approximately $4.83 million.
Mingteng International's successful IPO and full exercise of the over-allotment option signify strong demand, enhancing liquidity and market confidence, which can positively influence share performance.
Mingteng International Corporation (Nasdaq: MTEN) closed its IPO on April 22, 2024, offering 1,050,000 shares at $4.00 each. Shares began trading on April 18, 2024.
Mingteng International's IPO and Nasdaq listing signal growth potential in the automotive sector, attracting investor interest and impacting share liquidity and pricing dynamics.
Analyst forecasts for Mingteng International Corp (MTEN) are not currently available. The stock is trading at $15.68.
Analyst ratings for MTEN are not currently available. The stock is currently trading at $15.68. 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.
Price predictions from Wall Street analysts for MTEN are not currently available. The stock is trading at $15.68.
The company generates revenue through the manufacturing and distribution of microchips and semiconductor products that are crucial for various technologies such as consumer electronics, automotive systems, and telecommunications. Its robust partnerships with major tech firms enhance its market position and facilitate steady demand for its products.
Price targets from Wall Street analysts for MTEN are not currently available. The stock is trading at $15.68.
Price targets from Wall Street analysts for MTEN are not currently available. The stock is trading at $15.68.
Analyst ratings for MTEN are not currently available. The stock is trading at $15.68.
Stock price projections, including those for Mingteng International 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.
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.