SenesTech, the Basic Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Amit Dayal from H.C. Wainwright maintained a Buy rating on the stock and has a $10.00 price target.
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Amit Dayal has given his Buy rating due to a combination of factors that highlight SenesTech’s promising growth trajectory. The company’s e-commerce platform has shown significant expansion, contributing to more than half of its third-quarter 2025 revenues. This growth is supported by partnerships with major online retailers such as Amazon, Walmart, and HomeDepot.com, which are expected to facilitate entry into physical retail stores.
Moreover, SenesTech has demonstrated strong performance in its Pest Management Professionals segment and municipal revenues, with notable growth in these areas. The company’s strategic move to a new manufacturing facility in Phoenix is anticipated to support increased production capacity, potentially leading to higher revenue levels. Additionally, the company’s focus on maintaining robust gross margins and reducing operating expenses further underscores its commitment to profitable growth, making it an attractive investment opportunity.