Mind Technology Stock Target Price and Analyst Consensus

MIND Stock  USD 4.26  0.09  2.16%   
The current analyst and expert consensus on Mind Technology is Hold, with no strong buy opinions. The current projected Mind Technology target price consensus is 6.00 with 1 analyst opinions. The most common way Mind Technology analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Mind Technology executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Mind Technology. We encourage you to use your own analysis of Mind Technology to validate this buy or sell advice. Mind Technology buy-or-sell recommendation module provides average expert sentiment on the projected Mind Technology target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Mind Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
Lowest Forecast
5.46
Highest Forecast
6.66
Target Price
6
At present, Mind Technology's Gross Profit Margin is projected to slightly decrease based on the last few years of reporting. At present, Mind Technology's Net Debt is projected to decrease significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 4.4 M, whereas Short and Long Term Debt Total is forecasted to decline to about 1.9 M.
  
It's important to approach Mind Technology's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Mind Technology price targets

Mind Technology's stock target price is an estimate of its future price, usually made by analysts. Using Mind Technology's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Mind Technology's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Mind Technology's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Mind Technology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Mind Technology is a key component of Mind Technology valuation and have some predictive power on the future returns of a Mind Technology.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mind Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.514.167.81
Details
Intrinsic
Valuation
LowRealHigh
1.445.098.74
Details
Naive
Forecast
LowNextHigh
0.664.317.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-10.48-1
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mind Technology. Your research has to be compared to or analyzed against Mind Technology's peers to derive any actionable benefits. When done correctly, Mind Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mind Technology.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested over 100 shares
Driverless Cars Idea
Driverless Cars
Invested over 60 shares
When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:
Check out Macroaxis Advice on Mind Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Mind Stock analysis

When running Mind Technology's price analysis, check to measure Mind Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mind Technology is operating at the current time. Most of Mind Technology's value examination focuses on studying past and present price action to predict the probability of Mind Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mind Technology's price. Additionally, you may evaluate how the addition of Mind Technology to your portfolios can decrease your overall portfolio volatility.
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The data published in Mind Technology's official financial statements usually reflect Mind Technology's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Mind Technology. For example, before you start analyzing numbers published by Mind accountants, it's critical to develop an understanding of what Mind Technology's liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Mind Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mind Technology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Mind Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mind Technology. Please utilize our Beneish M Score to check the likelihood of Mind Technology's management manipulating its earnings.