NPTN Stock Forecast – Quick Win: 36.15% Return in 90 Days

NPTN Stock Forecast

On September 10th, 2015, I Know First published a forecast showing how NPTN stock price had fit in accordance with the algorithm’s prediction and ended up with an extraordinary gain by increasing 36.15%.

NPTN Stock Forecast

NeoPhotonics Corporation designs and manufactures hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks. Its products include transmitter, receiver, and switching products for 100 gigabits per second (Gbps) optical transmission applications over distances of 2 to 2,000 kilometers. The Company produces photonic integrated circuits (PICs) that comprise both arrayed and individual photonic functional elements using optimized materials systems and processes from its in-house Silicon, Indium Phosphide and Gallium Arsenide wafer fabrication.

This stock has recently benefited from police shootings. This is because of the increase in spending on body cameras. Though analysts predicted only a 5 cents increase per share, this company produced an amazing 11 cents increase in Q3. This company is not slowing down.

Recently, Northland security raised NPTN’s price target on the stock from $10 to $13. A number of other brokerages have also raised NPTN. Those factors alone led to an increase of 3.1% in the stock price after the analyst upgrade.