Embark Technology (EMBK) stock forecast for 2022
Last update: September 27, 2023 (15:05)
Sector: TechnologyThe share price of Embark Technology, Inc. (EMBK) now
50/200 Day Moving Average: $2.852 / $3.28
This figure corresponds to the Average Price over the previous 50/200 days. For Embark Technology stocks, the 50-day moving average is the resistance level today.
For Embark Technology stocks, the 200-day moving average is the resistance level today.
Are you interested in Embark Technology stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Embark Technology stock price in 2022. How much will one Embark Technology share be worth in 2022? Is it worth taking profit / loss on Embark Technology stock now or waiting? What are analysts' forecasts for Embark Technology stock?
We forecast Embark Technology stock performance using neural networks based on historical data on Embark Technology stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Embark Technology stock prediction results are shown below and presented as a graph, table and text information.
Embark Technology stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Embark Technology analysts is $3.
Today 200 Day Moving Average is the resistance level (3.28 $).
50 Day Moving Average is the support level (2.852 $).
Historical and forecast chart of Embark Technology stock
The chart below shows the historical price of Embark Technology stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Embark Technology stock price can be found in the table below.
Embark Technology (EMBK) Forecast for 2022
| Month | Target | Pes. | Opt. | Vol., % |
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Embark Technology information and performance
Embark Trucks is the next company to go public through a merger with SPAC, a dedicated M&A firm. In fact, this is a shell company that was created in advance by investors with the aim of merging with an enterprise that wants to go public: SPAC conducts an IPO on some stock exchange, and then looks for a company to merge. Over the past year, the popularity of this way of entering the exchange has grown dramatically, although in recent months interest in SPAC has declined somewhat.
Startup Embark Trucks was created in 2016 in California. Now the company has a small number of test versions of trucks that transport goods in southern California. In the coming years, Embark Trucks plans to obtain a license for the commercial use of its unmanned trucks. Already partnering with Embark Trucks are beer maker Anheuser-Busch InBev, technology company HP and logistics corporation Knight-Swift.
424 TOWNSEND STREET, SAN FRANCISCO, CA, US
Market capitalization of the Embark Technology, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of EMBK shares in the company outstanding by the market price of one share.
EBITDA of Embark Technology is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.