The Elmet Group (ELMT) analyst forecast and price target
Analyst forecast
Consensus of 4 analyst ratings
Based on 3 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Needham | Maintained | Buy | $28.00 from $25.00 | Oct 8, 2026 |
| Canaccord Genuity | Maintained | Buy | $26.00 from $21.00 | Oct 6, 2026 |
| Needham | Maintained | Buy | $25.00 from $21.00 | Sep 15, 2026 |
| Roth Capital | Maintained | Buy | $26.00 from $21.00 | Sep 15, 2026 |
| Canaccord Genuity | Maintained | Buy | $21.00 from $20.00 | Aug 17, 2026 |
| Canaccord Genuity | Initiated Coverage | Buy | $20.00 | May 18, 2026 |
| Needham | Initiated Coverage | Buy | $21.00 | May 18, 2026 |
| Cantor Fitzgerald | Initiated Coverage | Overweight | $20.00 | May 18, 2026 |
Frequently asked questions
What is the price target for ELMT stock?
The average 12-month analyst price target for The Elmet Group (ELMT) is $26.67, with a high estimate of $28.00 and a low of $26.00, across 3 analysts.
Is ELMT a buy, sell, or hold?
Analysts covering The Elmet Group currently average a Buy rating: 4 buy, 0 hold and 0 sell, from 4 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for ELMT?
The average price target of $26.67 implies 29.95% upside from the last price of $20.52.
What is the latest analyst rating on ELMT?
On Oct 8, 2026, Needham maintained The Elmet Group at Buy with a price target of $28.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.