These words of yours sum everything up perfectly " risk if they were not sure of the future with Brainchip. They have taken the lead by mentioning Brainchip. They are 100% sure that the road to the future is with Brainchip."
I am in for the long haul and 100 % confident
And what has changed since this article? Mercedes, Valeo, Vorago & NASA were revealed as early adopters:
WHAT’S NEXT FOR EDGE AI REBEL?
BY
ROY GEORGE
JANUARY 20, 2022
4
0
SHARE:
BrainChip (BRN) stock prices are currently booming. Its collaboration with VORAGO Technologies to support NASA’s Phase I program, the granting of several patents, entering the commercialization phase and a new notice of capital call have all contributed to its stock’s surge since end of 2020.
The BRN stock forecast depends on its past performance and fundamentals, including research and development (R&D), collaborations, transactions, and capital gains. This cutting-edge artificial intelligence (AI) technology company has seen a 200% growth in its share price in the past month alone. Its stock jumped nearly 14% on January 19.
With the meteoric rise of cutting-edge artificial intelligence and the substantial offering of BrainChip, will this tech company maintain its momentum? Let’s look at BRN share price predictions for 2022 and beyond.
What is BrainChip?
Founded in July 2004 in Australia, BrainChip Holdings is a global technology company delivering groundbreaking cutting-edge AI. Edge AI is a combination of artificial intelligence and edge computing – data processing performed on-site or near the data source to minimize the need for processing in a remote data center. The company has developed an advanced neural network processor, bringing AI to the forefront like never before.
BrainChip’s proprietary hardware and software product, Akida, is the result of the team’s decades of R&D. How it works? Akida and its development environment help users build ultra-low-power solutions and enable a wide range of cutting-edge capabilities that include continuous learning and inference.
Therefore, by mimicking brain processing at the periphery, sensor inputs are analyzed at the point of acquisition. Data does not need to be transmitted to the cloud or a data center.
Akida’s ultra-low-power AI network processor, which can be used for vision, audio and smart transducer applications, provides faster response, reduces system latency and results in a more energy-efficient system in energy. This not only makes work smoother and faster for the user, but also reduces the significant carbon footprint of data centers.
BrainChip Holdings has been listed on the Australian Stock Exchange (ASX) under the symbol BRN since November 2011. It merged with BrainChip Inc and the two re-listed on the ASX in September 2015. Since its incorporation in the United States in December 2013, the company trades under the symbols BCHPY and BRCHF on the OTCQX market. At the time of writing on January 20, BRN was trading at 1.99 AUD ($1.44) and had a market capitalization of 3.65 billion AUD ($2.64 billion).
BrainChip in the news
BrainChip has seen steady growth over the past two years, especially in 2021, with several patents granted and agreements concluded. On October 21, 2021, the company announced that it would begin taking orders for two dev kits. These include the AKD1000 chip on a mini-PCI card and they allow customers to start testing Akida. Development kits can be purchased directly from the company’s website.
On the same day, BrainChip announced that it had received the fifth founding patent, US Patent 11,151,441, for “System and Method for Spontaneous Machine Learning and Feature Extraction”. Later that same month, he was granted two new patents, US Patent 11,157,800 for “Neural Processor-Based Accelerator System and Method” and US Patent 11,157,798 for “Intelligent Autonomous Feature Extraction System Using Two Hardware Spiking Neutral Networks with Spike Timing Dependent Plasticity”. .
This achievement has helped the company future-proof the development of the next generations of Akida’s neuromorphic AI products, according to CEO and Founder Peter van der Made.
On November 15, 2021, Sean Hehir was named CEO of the company and is expected to drive the commercialization of its Akida neuromorphic computing platforms. BrainChip has also entered into a multi-year license agreement with MegaChips – which deals with application-specific integrated circuit (ASIC) technology – for Intellectual Property (IP) of BrainChip Akida, in order to improve and develop its technological positioning. .
Going into the new year, BrainChip announced a new capital call notice as part of its ongoing deal with LDA Capital, with a notice to sell 15,000,000 shares by the end of February 2022.
On Jan. 18, in other BRN stock news, the company was granted U.S. Patent 11,227,210 for “event-based feature classification in a reconfigurable, time-encoded convolutional tip neural network.” The patent adds yet another feather to BrainChip’s ceiling and plays a major role in protecting BrainChip’s intellectual property, giving it a competitive advantage on a global scale.
BRN price analysis
Before we dive into the BrainChip stock forecast, let’s see what the company has provided investors in 2021.
In the first half of 2021, it reported revenue of $767,545 and recorded an operating loss of over $8.4 million. BrainChip’s balance sheet has maintained an upward trend since 2017, and for the year 2020 the company reported total assets of AUD 30.71 million, with total liabilities of AUD 7.73 million. The debt ratio was 25.18%. In the same year, BrainChip had an operating loss of approximately AUD 14.63 million, but received funding of AUD 31.2 million.
However, being in the pre-revenue R&D phase, the company did not disappoint traders. From a stock price perspective, the company’s stock jumped 3,000% in the last 12 months and reached an all-time high of AUD 2.34 in January 2022, before investors took profits.
The pandemic-driven growth of AI-related technologies like autonomous vehicles, Internet of Things (IoT) devices, drones, robotics and biotechnology has also boosted BrainChip.
Additionally, stock prices could maintain momentum with BrainChip’s decision to submit a notice of sale of 15,000,000 shares, as part of the ongoing deal with LDA Capital. According to the official quote, there is a total obligation of $20.3 million this year, which includes a carryover of $5.3 million for 2021 due by February 28. There is $50.3 million in funding available under the deal.
Earlier in August 2020, the company secured a raffle deal with US investment group LDA Capital for up to AUD 29 million to support the commercialization of Akida technology.
BRN Price Prediction: What the Experts Say
When running BrainChip stock (technical) analysis, we can see from TradingView data that the company’s Relative Strength Index (RSI) is 90.34, or neutral, for the month. , and the Moving Average Convergence Divergence (MACD) is “buy”. Overall, there is a “strong buy” recommendation on the stock, with 14 analysts recommending to buy and none saying to sell. Simple and exponential daily moving averages are all bullish.
BrainChip’s share price target is $3.775 by 2027, according to WalletInvestor. BRN has a long-term upside potential of 22.68% in one year, although the algorithm-based analyst does not provide estimates for 2030. By the end of this year, BRN shares are expected to reach at least 2.298 AUD, rising to 2 AUD. 0.631 by 2023, closing at 2.963 AUD in 2024, reaching 3.295 AUD by 2025, then closing 2026 at 3.626 AUD.
According to Gov.Capital’s algorithm, BRCHF stock price is expected to be $1.995 (12.712%) after one year. So, investing $100 now would net you $112,712 on January 20, 2023. The stock price will reach $1,874 by the end of this year and gradually increase to reach $2,173 in 2023. By 2025, Gov.Capital estimates that shares of BrainChip will be tagged at $2.856.
BrainChip ventures into the market phase and all stock price predictions are calculated by algorithms based on past performance and historical data. Therefore, you should exercise caution when considering algorithm-based predictions. The fact that the company is just entering this phase may affect valuations and render the aforementioned long-term forecasts inaccurate. Analyst forecasts may be wrong.
It is important to do your research and examine market trends, emerging technology demand and market reach, latest news and company fundamentals. Always remember that your decision to trade depends on your attitude towards risk, your expertise in the market, the allocation of your investment portfolio and your ease with losing money. And never invest more than you can afford to lose.
FAQs
Is BrainChip a good stock to buy?
Edge AI is just a small part of the burgeoning disruptive technology environment. BrainChip has grown significantly since its inception and the patents are proof of that. The company has deployed the technology, now available on the company’s website, and even large organizations such as NASA are collaborating with BrainChip to meet spaceflight requirements.
Cutting-edge technology, coupled with a revolution in the digital world, puts BrainChip Holdings under the “buy” recommendation.
www.telstar.com
)
