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

Monday, November 29, 2021 03:40 PM | InvestorsObserver Analysts

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

Wall Street is positive on Akerna Corp (KERN). On average, analysts give Akerna Corp a Strong Buy rating. The average price target is $6.333, which means analysts expect the stock to gain by 167.22% over the next twelve months. That average ranking earns Akerna Corp an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating KERN a Strong Buy today. Find out what this means to you and get the rest of the rankings on KERN!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Akerna Corp Stock Today?

Akerna Corp (KERN) stock is trading at $2.37 as of 3:38 PM on Monday, Nov 29, a gain of $0.02, or 0.64% from the previous closing price of $2.35. The stock has traded between $2.25 and $2.43 so far today. Volume today is below average. So far 707,353 shares have traded compared to average volume of 2,055,951 shares. Click Here to get the full Stock Report for Akerna Corp stock.

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