why Stardust Power Inc [SDST] is a Good Choice for Investors After New Price Target of $3.17

Stardust Power Inc [NASDAQ: SDST] loss -52.64% or -0.21 points to close at $0.18 with a heavy trading volume of 38599572 shares.

The daily chart for SDST points out that the company has recorded -96.65% loss over the past six months.

If we look at the average trading volume of 570.34K shares, SDST reached to a volume of 38599572 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Stardust Power Inc [SDST]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SDST shares is $3.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SDST stock is a recommendation set at 1.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Alliance Global Partners have made an estimate for Stardust Power Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 06, 2025. While these analysts kept the previous recommendation, ROTH MKM raised their target price to Buy. The new note on the price target was released on November 21, 2024, representing the official price target for Stardust Power Inc stock. Previously, the target price had yet another raise to $12, while B. Riley Securities analysts kept a Buy rating on SDST stock.

Trading performance analysis for SDST stock

Stardust Power Inc [SDST] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -70.05. With this latest performance, SDST shares dropped by -73.65% in over the last four-week period, additionally sinking by -96.65% over the last 6 months – not to mention a drop of -98.42% in the past year of trading.

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Stardust Power Inc [SDST]: A deeper dive into fundamental analysis

Stardust Power Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.11 and a Current Ratio set at 0.11.

Stardust Power Inc [SDST]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SDST. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Stardust Power Inc go to 22.77%.

An analysis of Institutional ownership at Stardust Power Inc [SDST]

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