Electra Battery Materials (ELBM) Stock Target Price Revised by Analyst | ELBM Stock News

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Jun 17, 2025
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On June 17, 2025, HC Wainwright & Co., a prominent investment firm, updated its price target for Electra Battery Materials (ELBM, Financial). The firm, led by analyst Heiko Ihle, adjusted the price target from $2.40 to $2.20. This change reflects an 8.33% decrease in the expected stock value.

Despite the reduction in the price target, HC Wainwright & Co. continues to maintain its 'Buy' rating on Electra Battery Materials (ELBM, Financial). Both the previous and the current ratings align, indicating sustained confidence in the company's prospects.

This update primarily focuses on the financial adjustments related to Electra Battery Materials (ELBM, Financial) and its market trajectory, underscoring the strategic considerations by the analyst in light of recent developments.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 2 analysts, the average target price for Electra Battery Materials Corp (ELBM, Financial) is $2.95 with a high estimate of $3.50 and a low estimate of $2.40. The average target implies an upside of 175.24% from the current price of $1.07. More detailed estimate data can be found on the Electra Battery Materials Corp (ELBM) Forecast page.

Based on the consensus recommendation from 2 brokerage firms, Electra Battery Materials Corp's (ELBM, 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.