Not a good buy right now for an impatient buyer: price is in a strong downtrend and just broke below near-term support (S1 ~3.56).
Oversold conditions (RSI-6 ~12) can produce sharp bounces, but there is no proprietary buy signal and momentum is still deteriorating (MACD histogram negative and expanding).
Fundamentals show top-line growth but heavy losses and sharply weaker gross margin, which reduces confidence in a sustainable reversal.
Momentum: MACD histogram -0.057 below zero and negatively expanding → bearish momentum is strengthening, not stabilizing.
RSI: RSI_6 at 12.265 = deeply oversold; this can support a short-term bounce, but oversold is not a buy signal by itself when trend/momentum are still falling.
Key levels: Current price 3.43 is below S1 (3.56). Next support is S2 ~2.536. Overhead resistance/pivot sits much higher at ~5.218 (then R1 ~6.876).
Price action context: Regular market -8.03% and pre-market -7.98% signals active selling pressure.
Pattern-based outlook (provided): near-term skew negative (40% chance of -3.52% next day) despite positive 1-week/1-month averages (+3.89% / +10.12%), consistent with “bounce potential” but poor immediate timing.
Gross margin: 9.69 (down -63.61% YoY) — major margin compression is a key negative trend.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
No analyst rating or price-target change data was provided, so there is no visible recent Wall Street upgrade/downgrade trend to support a near-term buy thesis.
Wall Street pros/cons view cannot be validated from the dataset; based on available data, the key “pro” is distribution/news momentum, while the key “con” is weak technicals and pressured margins.
Wall Street analysts forecast EDBL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EDBL is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Analyst Rating
0
Wall Street analysts forecast EDBL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EDBL is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
