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Home โบ Stocks โบ Recon Technology Ltd. (RCON) Stock Forecast & Price Prediction China | NASDAQ | Energy | Oil & Gas Equipment & Services
$0.46
+0.04 (9.24%)Did RCON Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Recon Tech is one of their latest high-conviction picks.
RCON has shown a year-to-date change of -70.9% and a 1-year change of -82.1%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for RCON. 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 RCON.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 24, 2019 | Maxim Group | Buy | Assumes | $N/A |
The following stocks are similar to Recon Tech based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Recon Technology Ltd. has a market capitalization of $41.58M with a P/E ratio of 0.1x. The company generates $16.11M in trailing twelve-month revenue with a -25.5% profit margin.
Revenue growth is +102.2% quarter-over-quarter, while maintaining an operating margin of -14.6% and return on equity of -6.5%.
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Provides automation solutions for oilfield operations.
The company generates revenue by offering automation solutions, systems integration, and software services to clients in the petroleum and mining sectors. By enhancing operational efficiency for upstream exploration and production companies, it helps clients streamline their operations and optimize resource utilization.
Headquartered in China, the company is crucial in advancing technology within the oil and gas industry, contributing to energy production while addressing sustainability challenges.
Energy
Oil & Gas Equipment & Services
188
Mr. Shenping Yin
China
2009
Recon Technology, Ltd (NASDAQ: RCON) has been notified by Nasdaq of non-compliance with the minimum bid price requirement, as its share price has remained below $1.00 for 30 consecutive business days.
Recon Technology's non-compliance with Nasdaq's minimum bid price could lead to delisting, impacting stock liquidity and investor confidence.
Recon Technology, Ltd (NASDAQ: RCON) reported a revenue increase to RMB85.0 million ($12.2 million) for the first half of fiscal 2026, up from RMB42.0 million ($5.8 million) in the same period of 2024.
Recon Technology's revenue growth from RMB42.0 million to RMB85.0 million signals strong performance, indicating potential for future profitability and increased investor interest.
Recon Technology, Ltd (NASDAQ: RCON) reported a 3.7% revenue decline for FY 2025, totaling RMB66.3 million ($9.3 million), down from RMB68.8 million ($9.6 million) in FY 2024.
Recon Technology's revenue decline signals potential challenges in demand or operational issues, impacting investor confidence and future valuations in a competitive sector.
Recon Technology Ltd. announced the establishment of a main manufacturing plant for its subsidiary, Shandong Recon Renewable Resources Technology Co., Ltd., focused on oilfield and low-carbon energy services.
The announcement signals potential growth in the renewable energy sector for Recon Technology, which could enhance profitability and attract investor interest in sustainable energy solutions.
Recon Technology Ltd. has secured significant contracts to upgrade automation systems for a large Asian gas field, enhancing its position in oilfield and low-carbon energy services.
Recon Technology's contract win signals growth potential in the oil and low-carbon sectors, enhancing revenue prospects and market positioning, which could positively impact stock performance.
Recon Technology, Ltd (NASDAQ: RCON) reported a revenue decline to RMB42.1 million ($5.8 million) for the first half of fiscal 2025, down from RMB45.3 million ($6.2 million) in 2023.
Recon Technology's revenue decline signals potential challenges in its core markets, affecting investor confidence and future growth prospects.
Analyst forecasts for Recon Technology Ltd. (RCON) are not currently available. The stock is trading at $0.46.
According to current analyst ratings, RCON has 0 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.46. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for RCON are not currently available. The stock is trading at $0.46.
The company generates revenue by offering automation solutions, systems integration, and software services to clients in the petroleum and mining sectors. By enhancing operational efficiency for upstream exploration and production companies, it helps clients streamline their operations and optimize resource utilization.
Price targets from Wall Street analysts for RCON are not currently available. The stock is trading at $0.46.
Price targets from Wall Street analysts for RCON are not currently available. The stock is trading at $0.46.
The overall analyst consensus for RCON is neutral. Out of 1 Wall Street analysts, 0 rate it as Buy, 1 as Hold, and 0 as Sell.
Stock price projections, including those for Recon Technology Ltd., 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.