Actelis Networks (ASNS, Financial) has announced a subsequent order from the City of Eugene, Oregon, aimed at expanding its traffic management system. This order involves the provision of additional networking equipment, furthering the city's efforts to enhance its transportation infrastructure. The latest supply builds on a previous deployment of Actelis' hybrid fiber-copper networking solutions, which was originally rolled out in February 2023.
Eugene, the second-largest city in Oregon and the site of the University of Oregon, is striving to improve its traffic management framework as part of a broader Transportation Management Plan. This plan is focused on significantly increasing the rates of pedestrian, bicycle, and public transport usage, with a target to triple these figures by 2035.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Actelis Networks Inc (ASNS, Financial) is $5.00 with a high estimate of $5.00 and a low estimate of $5.00. The average target implies an upside of 669.23% from the current price of $0.65. More detailed estimate data can be found on the Actelis Networks Inc (ASNS) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Actelis Networks Inc's (ASNS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Actelis Networks Inc (ASNS, Financial) in one year is $1.07, suggesting a upside of 64.62% from the current price of $0.65. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Actelis Networks Inc (ASNS) Summary page.
