Acorn Energy Inc (ACFN) Price Prediction & ForecastACFNAcorn Energy Inc

Alphio's ACFN stock price prediction model matches the current Acorn Energy Inc tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $17.52 (-0.05%). The 1-week path is $16.61 (-5.24%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.

Acorn Energy Inc (ACFN) is not a good buy right now due to its low RSI of 18.04, indicating oversold conditions, and a significant decline in hardware revenue, which dropped by 89% year-over-year. The stock has also experienced a 5-day change of -5.95% and a 1-year change of -31.07%, reflecting a downward trend. While the company has a strong gross margin of 82.36%, the decline in hardware revenue raises concerns about future growth. The main risk is the forward P/E ratio of 98.04, suggesting that the stock may be overvalued given its current financial performance.

Acorn Energy Inc (ACFN) last closed at $17.5300007, gaining +1.68%. These facts feed the 1-day and 1-week ACFN price prediction above.