Key Highlights:
- Aemetis (AMTX, Financial) has secured significant biodiesel orders worth $31 million in India.
- Wall Street analysts project a notable upside potential for Aemetis' stock, with target prices ranging broadly from $2 to $28.
- GuruFocus estimates a substantial future stock value increase, indicating a promising outlook for investors.
Aemetis Secures Major Biodiesel Contracts in India
Aemetis Inc. (AMTX) recently announced a significant achievement for its Indian subsidiary, Universal Biofuels, by securing contracts worth $31 million. These orders involve delivering over 33,000 kiloliters of biodiesel to government-operated Oil Marketing Companies through the months of May, June, and July. This strategic move aligns with India's ongoing efforts to increase biodiesel blending from 1% to 5%, a step forward in the nation's renewable energy initiatives.
Wall Street Analysts Forecast
According to one-year price targets from five analysts, Aemetis Inc (AMTX, Financial) holds an average target price of $10.90. Projections vary significantly, with a high estimate reaching $28.00 and a low of $2.00. The average target price suggests a remarkable upside of 636.49% from the current trading price of $1.48. For a more comprehensive look at these estimates, visit the Aemetis Inc (AMTX) Forecast page.
Brokerage Recommendations and GF Value Projection
Aemetis Inc (AMTX, Financial) has been assigned an average brokerage recommendation of 2.5 by six brokerage firms, indicating an "Outperform" status. On this rating scale, 1 reflects a Strong Buy recommendation, whereas 5 denotes Sell.
From a valuation perspective, GuruFocus estimates that the GF Value for Aemetis in the coming year is $6.91. This projection represents a potential upside of 366.89% from the current stock price of $1.48. The GF Value provides an estimate of what the stock's fair trading value should be, taking into account historical trading multiples, past business growth, and future performance estimates. For further details, view the Aemetis Inc (AMTX, Financial) Summary page.
