▲ +26.51% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Summit Wireless Technologies in the last 3 months. The average price target is $5.25, with a high forecast of $5.50 and a low forecast of $5.00. The average price target represents a 26.51% upside from the last price of $4.15.
The current consensus among 2 contributing investment analysts is to buy stock in Summit Wireless Technologies.
Summit Wireless Technologies, Inc. develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. It offers TX modules for integration into televisions, audio-visual receivers, media hubs, and USB or HDMI dongles; and speaker systems. The company sells its products directly to original equipment manufacturers. The company was formerly known as Summit Semiconductor, Inc. and changed its name to Summit Wireless Technologies, Inc. in September 2018. Summit Semiconductor, Inc. was founded in 2010 and is headquartered in San Jose, California.