Aemetis (AMTX, Financial) is advancing U.S. interests in India through its subsidiary, Universal Biofuels. This subsidiary owns and manages a significant biodiesel production plant in Kakinada, Andhra Pradesh, with a capacity of 80 million gallons annually. The facility is crucial to Aemetis' efforts to expand its renewable energy footprint in the region.
In a bid to strengthen ties and encourage collaboration, U.S. Consul General Jennifer Larson, along with consulate staff, recently visited the biodiesel plant. This visit underscores the ongoing partnership between the company and the U.S. government, emphasizing the importance of renewable energy initiatives in India. Through such collaboration, Aemetis is poised to play a significant role in promoting sustainable energy solutions while supporting American business interests abroad.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Aemetis Inc (AMTX, Financial) is $10.70 with a high estimate of $28.00 and a low estimate of $2.00. The average target implies an upside of 692.59% from the current price of $1.35. More detailed estimate data can be found on the Aemetis Inc (AMTX) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Aemetis Inc's (AMTX, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Aemetis Inc (AMTX, Financial) in one year is $6.91, suggesting a upside of 411.85% from the current price of $1.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Aemetis Inc (AMTX) Summary page.
