In its latest financial update, LINK reported first-quarter revenue of $2.664 million, down from $3.124 million in the same period last year. The company emphasized that these results align with their expectations for the year, focusing on consistent execution and making strides towards its long-term objectives. Under the leadership of Steven N. Bronson, the company has set its sights on 2025 with a renewed focus on scalability and innovation.
Recent achievements, including new customer acquisitions and the introduction of cutting-edge products, highlight the effectiveness of LINK's strategic approach. A notable area of progress is the gas sensor product line, particularly in the realms of odor and carbon monoxide detection, which significantly enhances the company's position in the environmental and safety sectors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Interlink Electronics Inc (LINK, Financial) is $7.00 with a high estimate of $7.00 and a low estimate of $7.00. The average target implies an upside of 24.44% from the current price of $5.63. More detailed estimate data can be found on the Interlink Electronics Inc (LINK) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Interlink Electronics Inc's (LINK, 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 Interlink Electronics Inc (LINK, Financial) in one year is $8.64, suggesting a upside of 53.6% from the current price of $5.625. 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 Interlink Electronics Inc (LINK) Summary page.
