Elmet Group Consensus Price Target Increased by 10.84% to $23.46
The average one-year price target for Elmet Group (NASDAQCM:ELMT) has been revised to $23.46 / share. This is an increase of 10.84% from the prior estimate of $21.16 dated September 11, 2026. These figures represent aggregate analyst targets compiled as of September 29, 2026, and do not constitute a recommendation by Fintel.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $20.20 to a high of $27.30 / share. The average price target represents an increase of 15.28% from the latest reported closing price of $20.35 / share, recorded on October 1, 2026. The current target range width is $7.10, which widened from the prior width of $1.85, representing a target range width change percent of +283.78%.
Looking at the historical trajectory of the average target, the mean target was $23.46 on October 2, 2026, and $21.16 on September 15, 2026. Prior to that, the mean target was $21.16 on August 28, 2026, and $20.91 on August 4, 2026. Among the observed twelve-month values, the high mean target was $23.46 on October 2, 2026, and the low mean target was $20.91 on August 4, 2026. This represents a target change since the 90-day baseline date of June 30, 2026, of +12.20%.
As context, the company's stock price changed by +3.14% over one week, relative to a baseline close of $19.73 on September 24, 2026. Over one month, the price changed by +29.12% from a baseline close of $15.76 on September 1, 2026. In its latest earnings report on August 13, 2026, Elmet Group reported an actual EPS of 0.18, which was a +211.42% surprise compared to the estimated EPS of 0.0578. Actual revenue reached $66,401,000.00, representing a +12.00% surprise against the estimated $59,285,796.00.
In recent rating actions, Roth Capital reiterated a Buy rating on September 15, 2026, and Needham maintained a Buy rating on the same date. For the recommendation period of September 1, 2026, the total recommendation count was 10, consisting of 2 strong buy, 7 buy, and 1 hold recommendations.
Elmet Group operates within the Aerospace & Defense GICS sub-industry. Within this sub-industry, 34 companies are covered, with 9 companies seeing raised targets, 8 lowered, and 17 unchanged. The sub-industry median revision percent is 0.00%, and the median implied change percent is +34.00%.
Among its peers, target revisions remained flat to slightly positive, while implied changes from latest closing prices showed positive expectations across all three companies.
| Company name | Target revision | Implied change |
|---|---|---|
| Mercury Systems | +1.78% | +41.92% |
| Kratos Defense & Security Solutions | 0.00% | +148.33% |
| Teledyne Technologies | +0.11% | +25.22% |
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.