- KULR Technology Group's partnership with AstroForge highlights its innovative approach in the space battery sector.
- Analysts predict a significant upside potential for KULR stock, estimating a price target of $5.50.
- The GF Value suggests current trading is near fair value, offering insights into future stock performance.
KULR Technology Group (KULR, Financial) has strategically partnered with AstroForge to design a unique 500 watt-hour KULR ONE Space battery pack. This collaboration is indicative of the escalating demand for high-efficiency battery systems, as projections indicate the space battery market could soar to $6.35 billion by 2030.
Wall Street Analysts Forecast
Notably, two analysts provide a one-year price target for KULR Technology Group Inc., setting an average target of $5.50. This projection includes a high estimate of $6.00 and a low of $5.00, representing an impressive upside potential of 333.07% from the current $1.27 price level. For a more comprehensive view, visit the KULR Technology Group Inc (KULR, Financial) Forecast page.
Further reinforcing investor confidence, KULR Technology Group Inc. holds an "Outperform" consensus, as evidenced by the average brokerage recommendation of 2.0 derived from two brokerage firms. This metric employs a scale where 1 signals Strong Buy and 5 indicates Sell.
GF Value Insights
According to GuruFocus estimates, the projected GF Value for KULR Technology Group Inc (KULR, Financial) is $1.26 within a year, suggesting a modest downside of 0.79% from the current $1.27 price. The GF Value reflects GuruFocus' assessment of the stock's fair market value, determined through historical trading multiples alongside historical and expected business performance. For more detailed insights, explore the KULR Technology Group Inc (KULR) Summary page.
