Analyst Price Target is $115.00
▲ +0.01% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Acacia Communications in the last 3 months. The average price target is $115.00, with a high forecast of $115.00 and a low forecast of $115.00. The average price target represents a 0.01% upside from the last price of $114.99.
Current Consensus is
The current consensus among 1 polled investment analysts is to hold stock in Acacia Communications. This Hold consensus rating has held steady for over two years.
Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. It also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.