Nano One Materials Corp T.NANO

TD Nano One Price Target Cut to C$0.90 from C$3.00

[Lawisfun]

Analyst price targets for Nano One have never been correct/accurate.  So perhaps they are not worth considering. But the fact is, potential investors do reference these figures when choosing to invest or not. 

So what to make of this TD 12-month price target of $0.90 CAD?  Some read this and are sad/disappointed.  I for one am absolutely thrilled with this price target. It's almost too good to be true.

$0.90 CAD from todays price of $0.70 CAD is a nearly 30% return!! That is a fantastic return and arguably has plenty of upside potential if things progress well with the sector and with the upcoming Nano updates. 

$0.90 CAD is a fantastic outcome for all those who have been buying lots and often during this current share price collapse.  Hard to believe we can be up 30% if Nano just ever gets back to $0.90!!!   Personally I'd be happy with half of that return over a 12-month timeframe (considering the accompanying upside potential for a Nano breakout well above that target).

good luck to all the longs.

[contrap127]

https://www.marketscreener.com/quote/stock/NANO-ONE-MATERIALS-CORP-49477318/consensus/

[Lawisfun]

Hi @contrap127, please check the link you shared. That link just states Nano One is down minus 70.95% year-to-date (from January 1, 2024) and does not include any information related to this discussion topic. Is that the link you intended to share and if so, can you elaborate on the point you are trying to make pointing out that Nano One is down minus 70.95% year-to-date?

[smartypantstoo]

interesting percentage return but frankly those of us who got an absoute shellacking would be idiots to take another flyer on this stock.   Far too many options out there with a real run rate, real product, real customers and a strong balance sheet. 

[Lawisfun]

Fair point.  This is more for those looking to average down before dilution event. But yes agreed there are actual businesses people can invest in rather than Nano One which is just an idea for a business.