Roth Capital has revised its price target for LeddarTech (LDTC, Financial), reducing it from $3 to $1 while maintaining a Buy rating on the stock. The firm highlights LeddarTech's innovative automotive sensor fusion and perception software as a key reason for this rating, noting its potential to enhance functionality for automotive clients. Despite early-stage revenue growth, LeddarTech is witnessing expanded commercial customer engagement. Roth Capital is monitoring the company's efforts to secure additional funding to further product development and strengthen customer relations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for LeddarTech Holdings Inc (LDTC, Financial) is $2.98 with a high estimate of $2.98 and a low estimate of $2.98. The average target implies an upside of 383.87% from the current price of $0.62. More detailed estimate data can be found on the LeddarTech Holdings Inc (LDTC) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, LeddarTech Holdings Inc's (LDTC, 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.
