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Analyst Rating: Will Akerna Corp (KERN) Stock Lead the Market?

Thursday, September 21, 2023 12:44 PM | InvestorsObserver Analysts

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Analyst Rating: Will Akerna Corp (KERN) Stock Lead the Market?

Analysts who follow Akerna Corp (KERN) on average expect it to climb 247.83% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Akerna Corp an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating KERN a Hold today. Find out what this means to you and get the rest of the rankings on KERN!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Akerna Corp Stock Today?

Akerna Corp (KERN) stock is flat -0.09% while the S&P 500 is down -1.07% as of 12:37 PM on Thursday, Sep 21. KERN is flat $0.00 from the previous closing price of $0.23 on volume of 126,427 shares. Over the past year the S&P 500 is up 14.91% while KERN is down -89.82%. KERN earned $2.25 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 0.1. Click Here to get the full Stock Report for Akerna Corp stock.

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