
LiqTech International (LIQT) Stock Forecast & Price Target
LiqTech International (LIQT) Analyst Ratings
Bulls say
LiqTech International Inc. has demonstrated a significant improvement in its gross margins, which increased to 16% from 6% in Q1, indicating strengthened operational efficiency and cost control measures. The upward revision of FY24 and FY25 EPS estimates reflects optimism surrounding enhanced profitability and the potential conversion of pilot projects into revenue streams, suggesting a robust growth trajectory. Additionally, recent distribution agreements with key players in major markets, such as industrial water treatment in China and marine scrubber solutions in South Korea, position the company favorably for expanded market reach and revenue generation in emerging sectors.
Bears say
LiqTech International Inc. reported a significant decline in revenues, with Q2 FY24 revenues of $4.5 million falling 10% year-over-year, missing both estimates and company guidance, and Q3 FY24 projections further deteriorating with a 51% year-over-year drop to $2.5 million. The company's outlook is hindered by delayed government funding impacting project timelines, leading to cautious revenue estimates due to limited visibility on new project conversions rather than fundamental issues with the business model. Additionally, management guidance for Q4 FY24 indicates modest revenue expectations, further trimming overall forecasts for FY24 and FY25, reflecting a constrained growth environment.
This aggregate rating is based on analysts' research of LiqTech International and is not a guaranteed prediction by Public.com or investment advice.
LiqTech International (LIQT) Analyst Forecast & Price Prediction
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