Is it time to Buy before this week’s earning report Akerna (NASDAQ:KERN)

Earnings results for Akerna (NASDAQ:KERN)

Akerna Corp. is expected* to report earnings on 03/22/2021 after market close. The report will be for the fiscal Quarter ending Dec 2020. The reported EPS for the same quarter last year was $-0.4.

Analyst Opinion on Akerna (NASDAQ:KERN)

1 Wall Street analysts have issued ratings and price targets for Akerna in the last 12 months. Their average twelve-month price target is $10.50, predicting that the stock has a possible upside of 93.73%. The high price target for KERN is $10.50 and the low price target for KERN is $10.50. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Akerna has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $10.50, Akerna has a forecasted upside of 93.7% from its current price of $5.42. Akerna has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Akerna (NASDAQ:KERN)

Akerna does not currently pay a dividend. Akerna does not have a long track record of dividend growth.

Insiders buying/selling: Akerna (NASDAQ:KERN)

In the past three months, Akerna insiders have not sold or bought any company stock. Only 9.40% of the stock of Akerna is held by insiders. Only 8.82% of the stock of Akerna is held by institutions.

Earnings and Valuation of Akerna (NASDAQ:KERN

The P/E ratio of Akerna is -3.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Akerna is -3.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Akerna has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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