AmpliTech Group's (AMPG, Financial) subsidiary, AmpliTech Inc., has achieved a significant milestone with its largest purchase order to date. The company received orders totaling $2 million for its proprietary Low Noise Amplifiers from a major U.S. Fortune 500 company. This landmark deal highlights a remarkable four-month period of high demand for AmpliTech's core products, boosting their order backlog to nearly $20 million. All pending orders are scheduled for completion within Fiscal Year 2025, underscoring the robust growth trajectory of AmpliTech's Low Noise Amplifier division.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for AmpliTech Group Inc (AMPG, Financial) is $6.00 with a high estimate of $6.00 and a low estimate of $6.00. The average target implies an upside of 224.32% from the current price of $1.85. More detailed estimate data can be found on the AmpliTech Group Inc (AMPG) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, AmpliTech Group Inc's (AMPG, Financial) average brokerage recommendation is currently 2.0, 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 AmpliTech Group Inc (AMPG, Financial) in one year is $2.24, suggesting a upside of 21.08% from the current price of $1.85. 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 AmpliTech Group Inc (AMPG) Summary page.
