Corteva, Inc. (CTVA)
NYSE: CTVA · Real-Time Price · USD
60.35
-0.43 (-0.71%)
Oct 25, 2024, 4:00 PM EDT - Market closed
Corteva Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Corteva stock have an average target of 62.37, with a low estimate of 52 and a high estimate of 69. The average target predicts an increase of 3.35% from the current stock price of 60.35.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Corteva stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 6 | 6 | 8 |
| Buy | 9 | 9 | 9 | 8 | 8 | 8 |
| Hold | 6 | 6 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 22 | 22 | 20 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Initiates $68 | Strong Buy | Initiates | $68 | +12.68% | Oct 23, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $59 → $67 | Hold → Strong Buy | Upgrades | $59 → $67 | +11.02% | Oct 16, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $65 | Buy | Maintains | $65 | +7.71% | Sep 24, 2024 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $57 → $55 | Hold | Maintains | $57 → $55 | -8.86% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
17.58B
from 17.23B
Increased by 2.07%
Revenue Next Year
18.31B
from 17.58B
Increased by 4.15%
EPS This Year
2.75
from 1.03
Increased by 167.43%
EPS Next Year
3.39
from 2.75
Increased by 23.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.3B | 19.6B | 20.8B | ||
| Avg | 17.6B | 18.3B | 19.0B | ||
| Low | 16.5B | 16.8B | 17.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.0% | 11.2% | 13.7% | ||
| Avg | 2.1% | 4.1% | 3.5% | ||
| Low | -4.5% | -4.3% | -5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.94 | 3.73 | 4.44 | ||
| Avg | 2.75 | 3.39 | 3.87 | ||
| Low | 2.55 | 2.80 | 3.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 186.1% | 35.7% | 31.1% | ||
| Avg | 167.4% | 23.3% | 14.1% | ||
| Low | 148.0% | 2.0% | -6.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.