Corteva, Inc. (CTVA)
NYSE: CTVA · Real-Time Price · USD
64.13
+2.90 (4.74%)
Nov 25, 2024, 4:01 PM EST - Market closed
Corteva Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Corteva stock have an average target of 63.72, with a low estimate of 52 and a high estimate of 71. The average target predicts a decrease of -0.64% from the current stock price of 64.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Corteva stock from 20 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 6 | 6 | 8 | 8 |
| Buy | 9 | 9 | 8 | 8 | 8 | 7 |
| Hold | 6 | 6 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 20 | 20 | 22 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $65 → $67 | Buy | Maintains | $65 → $67 | +4.48% | Nov 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $67 → $69 | Strong Buy | Maintains | $67 → $69 | +7.59% | Nov 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $69 → $68 | Buy | Maintains | $69 → $68 | +6.03% | Nov 11, 2024 |
| Barclays | Barclays | Hold Maintains $58 → $62 | Hold | Maintains | $58 → $62 | -3.32% | Nov 8, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $69 → $70 | Buy | Reiterates | $69 → $70 | +9.15% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
17.50B
from 17.23B
Increased by 1.61%
Revenue Next Year
18.21B
from 17.50B
Increased by 4.04%
EPS This Year
2.71
from 1.03
Increased by 163.52%
EPS Next Year
3.38
from 2.71
Increased by 24.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.3B | 19.6B | 20.8B | ||
| Avg | 17.5B | 18.2B | 18.9B | ||
| Low | 16.4B | 16.4B | 16.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.0% | 11.7% | 14.3% | ||
| Avg | 1.6% | 4.0% | 4.0% | ||
| Low | -4.9% | -6.3% | -7.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.94 | 3.83 | 4.15 | ||
| Avg | 2.71 | 3.38 | 3.84 | ||
| Low | 2.49 | 2.80 | 3.14 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 186.1% | 41.5% | 22.7% | ||
| Avg | 163.5% | 24.8% | 13.7% | ||
| Low | 141.9% | 3.5% | -7.2% |
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.