Analyst Price Target is $7.00
▲ +32.58% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Acacia Research in the last 3 months. The average price target is $7.00, with a high forecast of $7.00 and a low forecast of $7.00. The average price target represents a 32.58% upside from the last price of $5.28.
Current Consensus is
Buy
The current consensus among 1 polled investment analysts is to buy stock in Acacia Research. This Buy consensus rating has held steady for over two years.
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. The company operates through three segments, Intellectual Property Operations, Industrial Operations, and Energy Operations. The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It also owns, manufactures, and distributes printers and consumable products through dealers and distributors for various industrial printing applications. In addition, the company offers supply-chain printing solutions for manufacturing, transportation and logistics, retail distribution, food and beverage distribution, and pharmaceutical distribution industries; and line matrix printers for mission critical applications within labeling and inventory management, build sheets, invoicing, manifests and bills of lading, and reporting industries. Further, it involved in the acquisition, production and development of oil and gas assets. Acacia Research Corporation was incorporated in 1993 and is headquartered in New York, New York.
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