Emcore (EMKR)

• Market cap: $27.2M
• 1 day: 1.35%
• 5 days: 2.74%
• 1 month: 2.74%
• 3 months: 163.16%
• 6 months: 160.87%
• Year to date: -38.90%
• 1 year: -26.83%
• 5 years: -90.32%
• 10 years: -94.35%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: EMCORE Corp is a provider of sensors and navigation systems for the aerospace and defense market. The company operates in one reporting segment, Inertial Navigation, whose product technology categories include: (a) FOG, (b) QMEMS, (c) RLG, in each case which serve the aerospace and defense market. The company operates geographically in United States and Canada, which is the key revenue generator; Asia; Europe; and Other.

Employees: 371

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

189% more call options, than puts

Call options by funds: $55K | Put options by funds: $19K

87% more capital invested

Capital invested by funds: $1.03M [Q2] → $1.94M (+$902K) [Q3]

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

0.94% less ownership

Funds ownership: 10.6% [Q2] → 9.66% (-0.94%) [Q3]

3% less funds holding

Funds holding: 29 [Q2] → 28 (-1) [Q3]

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $3 0% upside
• Avg. target: $3 0% upside
• High target: $3 0% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Craig-Hallum Richard Shannon 79% 1-year accuracy 33 / 42 met price target

0% upside $3

Buy Upgraded

2 Oct 2024