With 1.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.94 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $1.78 whereas the lowest price it dropped to was $1.57. The 52-week range on BNZI shows that it touched its highest point at $83.50 and its lowest point at $1.21 during that stretch. It currently has a 1-year price target of $17.00. Beta for the stock currently stands at -0.64.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BNZI was up-trending over the past week, with a rise of 26.81%, but this was up by 14.38% over a month. Three-month performance dropped to -32.17% while six-month performance fell -72.53%. The stock lost -97.81% in the past year, while it has gained 14.38% so far this year. A look at the trailing 12-month EPS for BNZI yields -45.42 with Next year EPS estimates of -0.64. For the next quarter, that number is -0.12. This implies an EPS growth rate of 97.09% for this year and 79.05% for next year.
Float and Shares Shorts:
At present, 7.12 million BNZI shares are outstanding with a float of 3.81 million shares on hand for trading. On 2024-10-31, short shares totaled 85206.0, which was 182.0 higher than short shares on 1727654400. In addition to Mr. Joseph P. Davy as the firm’s Co-Founder, Chairman & CEO, Mr. Simon Baumer serves as its Chief Technology Officer.
Institutional Ownership:
Through their ownership of 0.04038 of BNZI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, BNZI reported revenue of $1080607.0 and operating income of -$2771758.0. The EBITDA in the recently reported quarter was -$14436606.0 and diluted EPS was -$4.87.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BNZI since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BNZI analysts setting a high price target of 30.0 and a low target of 30.0, the average target price over the next 12 months is 30.0. Based on these targets, BNZI could surge 1614.29% to reach the target high and rise by 1614.29% to reach the target low. Reaching the average price target will result in a growth of 1614.29% from current levels.
Analysts have provided yearly estimates in a range of -$3.055 being high and -$3.055 being low. For BNZI, this leads to a yearly average estimate of -$3.055. Based on analyst estimates, the high estimate for the next quarter is -$6.0 and the low estimate is -$6.0. The average estimate for the next quarter is thus -$6.0.
