ELTP stock price forecast reflects market recalibration post earnings update. With revenue guidance aligned to analyst consensus, traders see medium-term stability. During the June quarter, earnings jumped by 39% compared to the prior year’s quarter. The stock also recently uplisted to the highest tier of the over-the-counter (or OTC) market . Software stocks are poised to catapult higher in the coming months (and years) thanks to several factors, especially the explosive growth of AI. Zacks' urgent report reveals 3 top software stocks to own right now. ELTP stock price forecast benefits from broader biotech momentum, with sector ETFs pushing upward. Statistically, ELTP has correlated 0.68 with biotech index moves over the past quarter.
