Wall Street Analysts Believe Knightscope (KSCP) Could Rally 148.86%: Here's is How to Trade

Core Viewpoint - Knightscope, Inc. (KSCP) shares have increased by 9% over the past four weeks, closing at $6.16, with a mean price target of $15.33 indicating a potential upside of 148.9% [1] Price Targets - The average price target consists of three estimates ranging from a low of $8.00 to a high of $26.00, with a standard deviation of $9.45, suggesting a potential increase of 29.9% to 322.1% from the current price [2] - A low standard deviation indicates a higher agreement among analysts regarding price movement, which can be a useful starting point for further research [9] Analyst Sentiment - Analysts have shown increasing optimism about KSCP's earnings prospects, with a strong consensus on revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, one estimate has increased, leading to an 18.2% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank - KSCP holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside [13] Conclusion on Price Movement - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a good guide for the direction of price movement [14]