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Acacia Research (ACTG) Receives a Buy from Craig-Hallum

Tipranks - Tipranks - Wed May 7, 2025

Craig-Hallum analyst Anthony Stoss maintained a Buy rating on Acacia Research (ACTG – Research Report) today. The company’s shares closed yesterday at $3.07.

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Stoss covers the Technology sector, focusing on stocks such as Knowles, ON Semiconductor, and Semtech. According to TipRanks, Stoss has an average return of 4.5% and a 49.08% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Acacia Research with a $6.00 average price target.

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Based on Acacia Research’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $48.84 million and a GAAP net loss of $13.43 million. In comparison, last year the company earned a revenue of $92.31 million and had a net profit of $74.76 million

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