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Why Did DMC Global (BOOM) Stock Soar 13.91%?
Generated by AI AgentAinvest Movers Radar
Wednesday, May 7, 2025 9:19 am ET1min read
On May 7, 2025, DMC Global's stock surged by 13.91% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.
Analyst Stephen Gengaro from Stifel recently adjusted the price target for
(BOOM), lowering it from $9 to $8.50. This revision reflects a 5.56% decrease and maintains a Hold rating on the shares. The adjustment comes after the company's performance and market conditions were reassessed.Roth Capital has provided estimates for DMC Global's earnings, with the consensus estimate for the current full-year earnings standing at ($0.23) per share. Additionally, Roth Capital has issued estimates for DMC Global's Q3 2025 earnings, offering insights into the company's expected financial performance.
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