Stock Price Forecast
The 3 analysts offering 12-month price forecasts for AppHarvest Inc have a median target of 6.00, with a high estimate of 9.00 and a low estimate of 5.50. The median estimate represents a +27.66% increase from the last price of 4.70.
Similarly, What sells AppHarvest?
AppHarvest is an applied technology company in Appalachia developing and operating some of the world’s largest high-tech indoor farms, designed to grow non-GMO, chemical pesticide-free produce, using up to 90 percent less water than open-field agriculture and only recycled rainwater while producing yields up to 30 …
Will AppHarvest stock go up? Analysts who follow Appharvest Inc (APPH) on average expect it to climb 317.72% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
Thereof, How do I buy stock in AppHarvest?
How to buy shares in AppHarvest
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Who owns AppHarvest stock?
AppHarvest (APPH) CEO Jonathan Webb said the company has its eyes on the long term as it looks to « institutionalize » controlled environment agriculture (CEA).
Does AppHarvest use pesticides?
AppHarvest’s indoor farm is designed to create a grow environment where people, plants, and technology work together to grow non-GMO fruits and vegetables that are free of chemical pesticides.
What will AppHarvest grow?
After shipping its first harvest to stores in late January of this year, AppHarvest proceeded to go public at the start of February and has since broken ground on two more farms, acquired a robotics company, and announced it will soon grow leafy greens and strawberries in addition to tomatoes.
How long has AppHarvest been in business?
The Kentucky-based agriculture tech company, which was founded in 2017, began trading on the Nasdaq in late February 2021 after completing a SPAC merger with Novus Capital Corporation. Since then, AppHarvest shares have plunged 70%.
Does AppHarvest stock pay dividends?
APPHARVEST (NASDAQ: APPH) does not pay a dividend.
Is AppHarvest a public company?
The company will be listed on the NASDAQ and start out at $10 a share. AppHarvest, the Morehead, Kentucky based farming company, announced in a press release that it is going public. Per the release, AppHarvest is combining with Novus Capital – a publicly-traded acquisition company – in order to go public.
Is AppHarvest publicly traded?
AppHarvest Announces Solid Q1 2021 Results in First Quarter as Publicly Traded Company. MAY 17, 2021 — MOREHEAD, KENTUCKY — AppHarvest, Inc.
Who is Jonathan Webb?
Jonathan Webb is the Founder & CEO at AppHarvest .
Where is AppHarvest located?
About AppHarvest
The Company’s 60-acre Morehead, Ky. facility is among the largest controlled environment agriculture facilities in the U.S. For more information, visit https://www.appharvest.com/.
Is AppHarvest a buy?
AppHarvest has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Is AppHarvest a vertical farm?
AppHarvest, a vertical farm company based in Kentucky is a shining example of just that. Through public trading options, innovative technology, aggressive financing and thoughtful marketing, the company has been all over the news lately.
Are AppHarvest tomatoes organic?
AppHarvest uses no chemical pesticides and says its tomatoes are bred for flavor, not long-haul travel, unlike tomatoes grown in Mexico.
Does AppHarvest have a future?
Completed in 2020, AppHarvest says that the futuristic greenhouse yields up to 30 times more crops per acre than traditional open-field farming. Its futuristic edge doesn’t end there.
Does AppHarvest use hydroponics?
Michael Hurak, an AppHarvest employee, trims the tomato plants, which grow without soil, using hydroponics. AppHarvest also uses robotics and AI to precisely predict crop health and yield.
Who invested in AppHarvest?
AppHarvest investors
| Date | Investors | Amount |
|---|---|---|
| Aug 2020 | Revolution Peter Thiel Endeavor Catalyst ValueAct Narya Capital Equilibrium Capital | $28m |
| Feb 2021 | Novus Capital Corporation | $100m Valuation: $1.0b |
| Feb 2021 | Fidelity Novus Capital Corporation Inclusive Capital Partners | $375m |
| Total Funding | $496m |
Who is behind AppHarvest?
This reduces transportation fuel by up to 80 percent. Within the massive indoor farms, AppHarvest combines innovative technology with natural resources and farming know-how, “using less to grow more,” Jonathan Webb, CEO, tells We First. Less means 90 percent less water (through recycled rainwater).
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