Average Price Target: $5.42
▲ +58.85% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Resonant in the last 3 months. The average price target is $5.42, with a high forecast of $6.25 and a low forecast of $4.00. The average price target represents a 58.85% upside from the last price of $3.41.
The current consensus among 3 polled investment analysts is to buy stock in Resonant. This Buy consensus rating has held steady for over two years.
Resonant Inc., a late-stage development company, designs and develops filters for radio frequency (RF) and front-ends used in the mobile device, automotive, medical, internet-of-things, and related industries in Japan, China, and internationally. It uses Infinite Synthesized Networks technology, a software platform to configure and connect resonators that are building blocks of RF filters. The company develops a series of single-band designs for frequency bands; and multiplexer filter designs for two or more bands to address the carrier aggregation requirements; and XBAR, a technology for mobile and non-mobile applications, including 5G, WiFi, and Ultra-WideBand applications. Resonant Inc. was incorporated in 2012 and is headquartered in Austin, Texas.