Transphorm Inc (TGAN) is scheduled to report 4th quarter earnings on 05/23/2023.
Regarding Q4 estimates, Wall Street analysts expect Transphorm Inc to post earnings of -$0.11 per share. Revenue expectations are pegged at $4.67 million. Last quarter, Transphorm Inc missed earnings estimates, reporting EPS of -$0.16 on estimates of -$0.11. The stock rose by 2.63% the day after the last earnings release.
Year-to-date, TGAN stock has fallen by -28.09%.
Is Transphorm Inc Stock a Buy?
Wall Street’s consensus rating for TGAN stock is a Moderate Buy, with an average analyst price target of $7.00, implying upside potential of 82.29% from current levels.
TGAN shares have lost about -37.36% in the past six months.
About Transphorm Inc
Transphorm Inc is a semiconductor company. It designs and manufactures GaN semiconductors for high-voltage power conversion applications. It produces JEDEC and AEC-Q101 qualified GaN FETs. Its vertically integrated device business model allows for innovation at every development stage: design, fabrication, device, and application support.
Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.
