# The Elmet Group (ELMT) — Analyst Forecast

ELMT · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/elmt/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 4 | 0 | 0 | 4 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $26.00 | $26.67 | $28.00 | 3 |

Last price $19.49 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 8, 2026 | Needham | Maintained | Buy | $28.00 |
| Oct 6, 2026 | Canaccord Genuity | Maintained | Buy | $26.00 |
| Sep 15, 2026 | Needham | Maintained | Buy | $25.00 |
| Sep 15, 2026 | Roth Capital | Maintained | Buy | $26.00 |
| Aug 17, 2026 | Canaccord Genuity | Maintained | Buy | $21.00 |
| May 18, 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 |

## 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 36.82% upside from the last price of $19.49.

### 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.

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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.

Data provided by [AInvest](https://www.ainvest.com).