Newborn Acquisition 1 year target
What is the 1 year target of Newborn Acquisition?
The 1 year target of Newborn Acquisition Corp. is N/A
What is the definition of 1 year target?
1 year target is a predicted stock price a year from now.
= average of analyst price targets
One year target is an estimate of a stock price for a point in time equal to a year from the current date. The price level most often reflects the collective opinion of different analysts on where the stock will be trading a year from now. For an analyst to identify an individual estimate, they have to project what a company’s business will look like in a year, typically focusing on revenue and other significant factors. They also consider the willingness of investors to pay a certain price. While the average or median recommendation may be predictive and reflect the actual future value, the results are usually not extremely successful.
What does Newborn Acquisition do?
Newborn Acquisition Corp. does not have significant operations. It intends to acquire, through a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, one or more businesses or entities operating in Asia (excluding China) and the United States. The company was founded in 2019 and is based in Shanghai, China.