Corteva, Inc. (CTVA)
NYSE: CTVA · Real-Time Price · USD
57.24
-0.19 (-0.33%)
Dec 27, 2024, 4:00 PM EST - Market closed
Corteva Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Corteva stock have an average target of 65.31, with a low estimate of 53 and a high estimate of 73. The average target predicts an increase of 14.10% from the current stock price of 57.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Corteva stock from 18 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 8 | 8 | 7 |
| Buy | 9 | 8 | 8 | 8 | 7 | 7 |
| Hold | 6 | 6 | 6 | 6 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 20 | 20 | 22 | 20 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $68 → $73 | Buy | Maintains | $68 → $73 | +27.53% | Dec 19, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $70 → $69 | Strong Buy | Maintains | $70 → $69 | +20.55% | Dec 18, 2024 |
| Keybanc | Keybanc | Buy Maintains $66 → $69 | Buy | Maintains | $66 → $69 | +20.55% | Nov 21, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $65 → $67 | Buy | Maintains | $65 → $67 | +17.05% | Nov 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $67 → $69 | Strong Buy | Maintains | $67 → $69 | +20.55% | Nov 20, 2024 |
Financial Forecast
Revenue This Year
17.33B
from 17.23B
Increased by 0.62%
Revenue Next Year
17.74B
from 17.33B
Increased by 2.34%
EPS This Year
2.62
from 1.03
Increased by 154.61%
EPS Next Year
3.25
from 2.62
Increased by 24.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 18.0B | 18.5B | 19.7B | |||
| Avg | 17.3B | 17.7B | 18.4B | |||
| Low | 16.4B | 16.4B | 16.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.7% | 6.9% | 11.1% | |||
| Avg | 0.6% | 2.3% | 3.7% | |||
| Low | -4.9% | -5.4% | -4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.81 | 3.52 | 4.15 | ||
| Avg | 2.62 | 3.25 | 3.70 | ||
| Low | 2.45 | 2.56 | 3.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 173.9% | 34.5% | 27.8% | ||
| Avg | 154.6% | 24.1% | 13.9% | ||
| Low | 138.4% | -2.2% | -1.0% |
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.