Where Does Wall Street Think Zymergen Inc (ZY) Stock Will Go?

Monday, June 27, 2022 03:13 PM | InvestorsObserver Analysts

Mentioned in this article

Where Does Wall Street Think Zymergen Inc (ZY) Stock Will Go?

Analysts who follow Zymergen Inc (ZY) on average expect it to increase 415.54% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Zymergen Inc an Analyst Ranking of 2, which means it ranks higher than 2 of stocks, based on data compiled by InvestorsObserver.

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

See Full ZY Report

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Zymergen Inc Stock Today?

Zymergen Inc (ZY) stock is trading at $1.39 as of 3:13 PM on Monday, Jun 27, a drop of -$0.11, or -7.41% from the previous closing price of $1.50. The stock has traded between $1.35 and $1.57 so far today. Volume today is less active than usual. So far 837,872 shares have traded compared to average volume of 1,756,908 shares. Click Here to get the full Stock Report for Zymergen Inc stock.