Actelis Networks (ASNS, Financial) has secured a significant order aimed at upgrading the communication systems of a major Nordic city. This project involves collaboration with a top European provider specializing in traffic technology and intelligent transportation systems.
Actelis will deliver its state-of-the-art hybrid-fiber networking solutions to bolster connectivity across the city's municipal systems. The initiative targets the second largest city in a prominent Nordic nation, which is home to over 300,000 residents and part of a metropolitan area exceeding 1.5 million people.
This strategic project aligns with the city's ongoing smart city initiatives, aiming to enhance urban infrastructure efficiency and sustainability. The partnership signifies a crucial step toward advancing the city's technology framework, setting a benchmark in the region for urban development.
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 673.99% 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 65.63% from the current price of $0.646. 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.
