Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

TICKERS: CRKN

REIT Likely to Buy Product From Smart Glass Tech Firm
Research Report

Share on Stocktwits

The Quick Take

  • ROTH Capital has a Buy rating and an $11 per share price target on Crown Electrokinetics.
  • ROTH ranks Crown Buy on news it signed a master supply agreement (MSA) with Hudson Pacific Properties, a real estate investment trust (REIT), reported analyst Gerry Sweeney in a Dec. 28 research note.
  • ROTH believes the MSA, which details the terms and conditions of purchases, will lead to Hudson actually ordering Crown's smart glass product in 2022.
  • Crown hinted at this in its November earnings call, when it indicated it was finalizing Smart Window sales for two, maybe three, Hudson properties.
  • Because Hudson has 100-plus buildings in its portfolio, sales of Smart Window to the REIT could generate as much as $100 million.

ROTH Capital Partners believes that in 2022 Hudson Pacific Properties
will submit an initial formal purchase order to Crown Electrokinetics Corp. (CRKN:OTCQB) for Smart Window inserts, analyst Gerry Sweeney noted.

The investment bank also believes Hudson wants to get Crown's product installed on a large number of the buildings in its portfolio.

For additional analyst coverage, read more here.

Disclosures:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.  
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Crown Electrokinetics Corp., a company mentioned in this article.

[NLINSERT]

Disclosures from ROTH Capital Partners, Crown Electrokinetics Corp., Dec. 28, 2021

Within the last twelve months, ROTH Capital Partners, or an affiliate to ROTH Capital Partners, has received compensation for investment banking services from Crown ElectroKinetics Corp.

ROTH makes a market in shares of Crown ElectroKinetics Corp. and as such, buys and sells from customers on a principal basis.

ROTH and/or its employees, officers, directors and owners own options, rights or warrants to purchase shares of Crown ElectroKinetics Corp. stock.

A Research Analyst and/or a member of the Analyst's household own(s) debt or equity securities of Crown ElectroKinetics Corp. stock.

Shares of Crown ElectroKinetics Corp. may be subject to the Securities and Exchange Commission's Penny Stock Rules, which may set forth sales practice requirements for certain low-priced securities.

Within the last twelve months, ROTH Capital Partners, or an affiliate to ROTH Capital Partners, has managed or co-managed a public offering for Crown ElectroKinetics Corp..
Roth or its affiliates beneficially own(s) 1% or more of an equity security of Crown ElectroKinetics Corp.

ROTH Capital Partners, LLC expects to receive or intends to seek compensation for investment banking or other business relationships with the covered companies mentioned in this report in the next three months. The material, information and facts discussed in this report other than the information regarding ROTH Capital Partners, LLC and its affiliates, are from
sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This report should not be used as a complete analysis of the company, industry or security discussed in the report. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this report are subject to change without notice. An investment in the stock may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, an investment in the stock may involve a high degree of risk and may not be suitable for all investors. 

 




Want to read more about Technology investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe