Canada's NanoXplore Q4 adjusted EBITDA falls, revenue misses estimates
XLB•Analyst view and valuation
The current average analyst rating on the shares is buy, with 2 strong buy or buy ratings, 3 hold ratings and no sell or strong sell ratings.
The median 12-month price target for NanoXplore Inc is C$2.80, about 104.4% above its Sept. 14 closing price of C$1.37.
Q4 revenue misses estimates as adjusted EBITDA declines
Canada graphene maker NanoXplore said fiscal fourth-quarter revenue grew 7% year over year but missed analyst expectations.
The company reported Q4 revenue of C$33.91 million, below the consensus estimate of C$34.36 million from five analysts. Adjusted EBITDA for the quarter declined compared with last year.
Outlook calls for revenue growth and positive free cash flow
NanoXplore said it expects fiscal 2027 revenue between C$130 million and C$140 million, and fiscal 2028 revenue between C$160 million and C$170 million.
