MMAT Stock Forecast-2023,2024,2025,2030,2040

MMAT Stock Forecast 2022,2023,2024,2025,2030,2040 About MMAT Company

Meta Materials Inc. company invents, designs, develops, and does the manufacturing work of producing various functional materials and nanocomposites.

The products of Meta Materials Inc includes a laser glare protection that goes by the name of metaAIR, a transparent conductive film also known as NANOWEB, a holographic optical element named holoOPTIX, 

a measurement device with non-invasive glucose also known as glucoWISE,  and a device which allows enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans which is named as metaSURFACE.

Meta Materials also develops and produces nano-optic structures as well as color-shifting foils that are used in authentication and brand protection applications in various markets that include banknotes, secure government documents, and commercial branding.

Meta Materials also engages in the research, development and manufacture of small materials.

The company was founded in 2007. Meta Materials has OEM customers in various industries, including automotive, aerospace, consumer electronics, energy banknote, communications, brand security, and material devices.

Meta Materials was formerly known as Torchlight Energy Resources Inc. and in the month of June 2021 the company changed its name to Meta Materials Inc. The company is headquartered in Dartmouth, Canada.

The revenue of Meta Materials Inc. for the third quarter is US $2.46 million, up by 329% in 2021. The net loss of Meta Materials Inc.

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company was US$24.5 million in the third quarter of 2021 The loss widened by 114%. The loss per share for Meta Materials Inc. is $0.068 which I, further deteriorating$0.041 in the third quarter of 2021.

The revenue is forecasted to grow by 70% on average during the next three years. Meta Materials Inc. shares are down by 19% from a week ago.

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MMAT stock earnings 2022

The stock earnings of Meta Materials Inc. for the fiscal year ending in December 2022, the earnings per share of Meta Materials Inc. has remained the same over the past week at -0.25 and value has decreased over the past month from -0.23 to -0.25 according to the consensus.

The net profits of Meta Material Inc. fell-114.22% since last year. The net profits of Meta Materials has generated -16.64% fall in its net profit since last 3 months on a quarterly basis.

The net profit margins of Meta Materials Inc. jumped by 50.05% since the same period last year to-996.55% in the third quarter of 2022. The earnings per share for the current quarter is .0.04.

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MMAT stock forecast 2023

The stock forecast for Meta Materials Inc. predicted by Wall Street Journal analysts is estimated to have an stock price value of $3.50 in the year 2023.

The stock forecast predicted by analysts for Meta Materials Inc. stock is estimated to have an increase in the value of stock by price value of $0.89 of up to 295.48% in the year 2023.

The weighted average target price of Meta Materials Inc. stock per share is estimated to be $1.97 by the end of 2023.

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MMAT stock forecast 2024

The stock forecast for Meta Materials Inc. in the year 2024 is estimated to have earnings per share of -$0.12. The minimum price value of Meta Materials Inc. is predicted to fall at a price value of -$0.15.

The highest price of Meta Materials Inc. is estimated to reach at a price value of -$0.08.

The stock forecasted that the earnings per share of Meta Materials Inc. stock is estimated to drop at a price value -$0.03 in the year 2024.

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MMAT stock forecast 2025

The stock forecast for Meta Materials Inc stock is estimated to have an average stock price of $4.4 in the year 2025 predicted by the analysts.

The maximum price value of Meta Materials Inc. stock is estimated to reach a price value of $5.61. The lowest stock price forecasted for Meta Materials Inc. stock is estimated to fall at a price value of $3.41.

The stock forecast of Meta Materials Inc. also predicts that there will be a growth in the price of MMAT stock by 143.1% from the current price of $1.80999994277954.

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MMAT stock forecast 2030

The stock forecast for Meta Materials Inc. stock is predicted to have an average stock price of $1.47 in the year 2030.

The maximum price value estimated to increase for Meta Materials inc. is $2.14. The minimum price of the Meta Materials Inc. stock is estimated to fall at a price of $1.0 in the year 2030.

The stock forecast predicted by analysts is estimated to have a decline in the price of the Meta Materials Inc. stock by -18.78% from the recent price of $1.80999994277954 in the year 2030.

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MMAT stock forecast 2040.

The stock forecast predicted by analysts indicated that there will be a long term growth in the price of the Meta Materials Inc. stock Meta Materials Inc. underperformed the US semiconductor industry with returns of -31.5% over the past year.

Meta Materials Inc. stock is more volatile than 90% of US stocks over the past 3 months. Based on the Price-to-book ratio Meta Materials Inc. is a good value stock compared to the peers.

The annual earnings growth in the Meta Materials Inc. is estimated to be 56.9%. Meta Materials Inc. stock is predicted to remain unprofitable over the next 3 years.

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